ELICE FACTORY: 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.
ELICE FACTORY
Largest movements
- Receivables within one year -€4,562
down €4,562 (-48.4%), from €9,430 to €4,868
of which Other amounts receivable: -€6,865
- Tangible fixed assets -€2,936
down €2,936 (-14.9%), from €19,742 to €16,806
of which Furniture and vehicles: -€3,595
- Cash -€735
down €735 (-4.0%), from €18,233 to €17,498
mainly Debts after one year (-€7,243) and Net result for the year (-€3,153)
- Debts after one year -€7,243
down €7,243 (-51.8%), from €13,971 to €6,728
- Tax, wage and social debts +€3,884
new in 2025: €3,884
- Profit (loss) carried forward -€3,154
down €3,154 (-9.1%), from -€34,767 to -€37,921
- Other debts -€1,865
down €1,865 (-3.1%), from €60,845 to €58,980
- Gross operating margin +€23,665
up €23,665 (+145%), from €16,269 to €39,934
- Financial charges +€14,750
up €14,750 (+66.1%), from €22,325 to €37,075
- Other operating charges -€596
down €596 (-36.2%), from €1,647 to €1,051
- Depreciation -€410
down €410 (-7.8%), from €5,221 to €4,811
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,428 | €39,228 | -€8,200 | -17.3% |
| Fixed assets | 21/28 | €19,742 | €16,806 | -€2,936 | -14.9% |
| Tangible fixed assets | 22/27 | €19,742 | €16,806 | -€2,936 | -14.9% |
| Land and buildings | 22 | €3,002 | €4,370 | +€1,368 | +45.6% |
| Plant, machinery and equipment | 23 | €5,191 | €4,482 | -€709 | -13.7% |
| Furniture and vehicles | 24 | €11,549 | €7,954 | -€3,595 | -31.1% |
| Current assets | 29/58 | €27,686 | €22,421 | -€5,265 | -19.0% |
| Amounts receivable within one year | 40/41 | €9,430 | €4,868 | -€4,562 | -48.4% |
| Trade receivables | 40 | €1,715 | €4,018 | +€2,303 | +134% |
| Other amounts receivable | 41 | €7,715 | €850 | -€6,865 | -89.0% |
| Cash at bank and in hand | 54/58 | €18,233 | €17,498 | -€735 | -4.0% |
| Deferred charges and accrued income | 490/1 | €23 | €55 | +€32 | +139% |
| Total equity and liabilities | 10/49 | €47,428 | €39,228 | -€8,200 | -17.3% |
| Equity | 10/15 | -€32,767 | -€35,921 | -€3,154 | -9.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,767 | -€37,921 | -€3,154 | -9.1% |
| Amounts payable | 17/49 | €80,195 | €75,148 | -€5,047 | -6.3% |
| Amounts payable after more than one year | 17 | €13,971 | €6,728 | -€7,243 | -51.8% |
| Financial debts | 170/4 | €13,971 | €6,728 | -€7,243 | -51.8% |
| Amounts payable within one year | 42/48 | €66,224 | €68,420 | +€2,196 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €5,379 | €5,555 | +€176 | +3.3% |
| Taxes, remuneration and social security | 45 | - | €3,884 | +€3,884 | |
| Taxes | 450/3 | - | €3,884 | +€3,884 | |
| Other amounts payable | 47/48 | €60,845 | €58,980 | -€1,865 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,221 | €4,811 | -€410 | -7.8% |
| Other operating charges | 640/8 | €1,647 | €1,051 | -€596 | -36.2% |
| Gross operating margin | 9900 | €16,269 | €39,934 | +€23,665 | +145% |
| Operating profit (loss) | 9901 | €9,401 | €34,072 | +€24,671 | +262% |
| Financial charges | 65/66B | €22,325 | €37,075 | +€14,750 | +66.1% |
| Recurring financial charges | 65 | €22,325 | €37,075 | +€14,750 | +66.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,924 | -€3,003 | +€9,921 | +76.8% |
| Income taxes | 67/77 | €161 | €151 | -€10 | -6.4% |
| Profit (loss) for the period | 9904 | -€13,085 | -€3,153 | +€9,932 | +75.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,085 | -€3,153 | +€9,932 | +75.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.