Eli DV & Partners: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Eli DV & Partners
Largest movements
- Tangible fixed assets +€202,346
up €202,346 (+61.4%), from €329,338 to €531,685
of which Assets under construction and advance payments: +€200,000
- Receivables within one year -€178,529
down €178,529 (-40.2%), from €443,704 to €265,175
of which Trade receivables: -€147,508
- Current investments +€67,052
up €67,052 (+134%), from €50,000 to €117,052
- Stocks and contracts -€52,321
down €52,321 (-9.4%), from €559,347 to €507,026
- Cash -€32,037
down €32,037 (-100.0%), from €32,047 to €10
mainly Investment in fixed assets (net) (-€258,766) and Trade debts (-€230,106)
- Trade debts -€230,106
down €230,106 (-44.9%), from €513,043 to €282,937
- Reserves +€114,500
up €114,500 (+17.7%), from €648,064 to €762,565
- Debts after one year +€86,723
up €86,723 (+261%), from €33,218 to €119,941
- Short-term financial debts +€20,103
up €20,103 (+34.2%), from €58,791 to €78,894
- Tax, wage and social debts +€17,054
up €17,054 (+138%), from €12,321 to €29,375
of which Taxes: +€9,222
- Other operating charges +€151,252
up €151,252 (+3,445%), from €4,391 to €155,643
- Gross operating margin +€107,675
up €107,675 (+20.9%), from €515,603 to €623,279
- Taxes -€18,623
down €18,623 (-26.8%), from €69,590 to €50,968
- Depreciation +€6,712
up €6,712 (+13.5%), from €49,703 to €56,414
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,434,158 | €1,438,968 | +€4,810 | +0.3% |
| Fixed assets | 21/28 | €331,143 | €533,495 | +€202,351 | +61.1% |
| Tangible fixed assets | 22/27 | €329,338 | €531,685 | +€202,346 | +61.4% |
| Land and buildings | 22 | €135,397 | €135,397 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,848 | €3,524 | +€1,676 | +90.7% |
| Furniture and vehicles | 24 | €162,447 | €167,873 | +€5,426 | +3.3% |
| Other tangible fixed assets | 26 | €29,647 | €24,891 | -€4,756 | -16.0% |
| Assets under construction and advance payments | 27 | - | €200,000 | +€200,000 | |
| Financial fixed assets | 28 | €1,805 | €1,810 | +€5 | +0.3% |
| Current assets | 29/58 | €1,103,015 | €905,473 | -€197,542 | -17.9% |
| Stocks and contracts in progress | 3 | €559,347 | €507,026 | -€52,321 | -9.4% |
| Stocks | 30/36 | €559,347 | €507,026 | -€52,321 | -9.4% |
| Amounts receivable within one year | 40/41 | €443,704 | €265,175 | -€178,529 | -40.2% |
| Trade receivables | 40 | €326,831 | €179,323 | -€147,508 | -45.1% |
| Other amounts receivable | 41 | €116,872 | €85,852 | -€31,020 | -26.5% |
| Current investments | 50/53 | €50,000 | €117,052 | +€67,052 | +134% |
| Cash at bank and in hand | 54/58 | €32,047 | €10 | -€32,037 | -100.0% |
| Deferred charges and accrued income | 490/1 | €17,917 | €16,210 | -€1,707 | -9.5% |
| Total equity and liabilities | 10/49 | €1,434,158 | €1,438,968 | +€4,810 | +0.3% |
| Equity | 10/15 | €726,840 | €841,341 | +€114,500 | +15.8% |
| Contributions | 10/11 | €78,776 | €78,776 | = | 0.0% |
| Reserves | 13 | €648,064 | €762,565 | +€114,500 | +17.7% |
| Distributable reserves | 133 | €648,064 | €762,565 | +€114,500 | +17.7% |
| Amounts payable | 17/49 | €707,318 | €597,627 | -€109,691 | -15.5% |
| Amounts payable after more than one year | 17 | €33,218 | €119,941 | +€86,723 | +261% |
| Financial debts | 170/4 | €33,218 | €119,941 | +€86,723 | +261% |
| Amounts payable within one year | 42/48 | €672,600 | €475,346 | -€197,254 | -29.3% |
| Current portion of amounts payable after more than one year | 42 | €38,537 | €48,424 | +€9,887 | +25.7% |
| Financial debts | 43 | €58,791 | €78,894 | +€20,103 | +34.2% |
| Credit institutions | 430/8 | €58,791 | €78,894 | +€20,103 | +34.2% |
| Trade debts | 44 | €513,043 | €282,937 | -€230,106 | -44.9% |
| Suppliers | 440/4 | €513,043 | €282,937 | -€230,106 | -44.9% |
| Taxes, remuneration and social security | 45 | €12,321 | €29,375 | +€17,054 | +138% |
| Taxes | 450/3 | €2,400 | €11,622 | +€9,222 | +384% |
| Remuneration and social security | 454/9 | €9,921 | €17,753 | +€7,832 | +78.9% |
| Other amounts payable | 47/48 | €49,908 | €35,716 | -€14,192 | -28.4% |
| Accrued charges and deferred income | 492/3 | €1,500 | €2,341 | +€841 | +56.0% |
| Remuneration, social security and pensions | 62 | €233,610 | €234,132 | +€522 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,703 | €56,414 | +€6,712 | +13.5% |
| Other operating charges | 640/8 | €4,391 | €155,643 | +€151,252 | +3,445% |
| Gross operating margin | 9900 | €515,603 | €623,279 | +€107,675 | +20.9% |
| Operating profit (loss) | 9901 | €227,900 | €177,089 | -€50,811 | -22.3% |
| Financial income | 75/76B | €2,462 | €1,147 | -€1,315 | -53.4% |
| Recurring financial income | 75 | €2,462 | €1,147 | -€1,315 | -53.4% |
| Financial charges | 65/66B | €9,162 | €12,768 | +€3,606 | +39.4% |
| Recurring financial charges | 65 | €9,162 | €12,768 | +€3,606 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | €221,199 | €165,468 | -€55,731 | -25.2% |
| Income taxes | 67/77 | €69,590 | €50,968 | -€18,623 | -26.8% |
| Profit (loss) for the period | 9904 | €151,609 | €114,500 | -€37,109 | -24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €151,609 | €114,500 | -€37,109 | -24.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.