ELIDE: what changed
Two fiscal 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.
ELIDE
Largest movements
- Receivables within one year -€10,984
down €10,984 (-90.6%), from €12,129 to €1,145
of which Trade receivables: -€11,036
- Tangible fixed assets -€9,974
down €9,974 (-84.8%), from €11,757 to €1,783
of which Furniture and vehicles: -€11,345
- Cash -€8,097
down €8,097 (-55.6%), from €14,557 to €6,460
mainly Net result for the year (-€11,250) and Current portion of long-term debt (-€10,038)
- Deferred charges and accrued income -€1,923
down €1,923 (-30.4%), from €6,323 to €4,400
- Profit (loss) carried forward -€11,250
down €11,250 (-20.8%), from -€53,962 to -€65,212
- Current portion of long-term debt -€10,038
down €10,038 (-100.0%), from €10,038 to €0
- Tax, wage and social debts -€7,539
down €7,539 (-87.5%), from €8,613 to €1,073
of which Taxes: -€7,649
- Other debts -€3,448
down €3,448 (-11.8%), from €29,097 to €25,649
- Trade debts +€1,297
up €1,297 (+32.3%), from €4,020 to €5,317
- Depreciation -€4,244
down €4,244 (-26.8%), from €15,861 to €11,617
- Gross operating margin -€1,427
down €1,427 (-38.0%), from €3,750 to €2,323
- Other operating charges +€1,104
up €1,104 (+538.0%), from €205 to €1,310
- Financial charges -€95
down €95 (-36.8%), from €259 to €163
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.
Cash bridge derived
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 | €48,265 | €17,287 | -€30,978 | -64.2% |
| Fixed assets | 21/28 | €11,757 | €1,783 | -€9,974 | -84.8% |
| Tangible fixed assets | 22/27 | €11,757 | €1,783 | -€9,974 | -84.8% |
| Plant, machinery and equipment | 23 | €0 | €1,371 | +€1,371 | |
| Furniture and vehicles | 24 | €11,757 | €412 | -€11,345 | -96.5% |
| Current assets | 29/58 | €36,508 | €15,504 | -€21,004 | -57.5% |
| Stocks and contracts in progress | 3 | €3,500 | €3,500 | = | 0.0% |
| Stocks | 30/36 | €3,500 | €3,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,129 | €1,145 | -€10,984 | -90.6% |
| Trade receivables | 40 | €12,100 | €1,064 | -€11,036 | -91.2% |
| Other amounts receivable | 41 | €29 | €80 | +€52 | +181.0% |
| Cash at bank and in hand | 54/58 | €14,557 | €6,460 | -€8,097 | -55.6% |
| Deferred charges and accrued income | 490/1 | €6,323 | €4,400 | -€1,923 | -30.4% |
| Total equity and liabilities | 10/49 | €48,265 | €17,287 | -€30,978 | -64.2% |
| Equity | 10/15 | -€3,502 | -€14,752 | -€11,250 | -321.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,860 | €31,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,962 | -€65,212 | -€11,250 | -20.8% |
| Amounts payable | 17/49 | €51,767 | €32,039 | -€19,728 | -38.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €51,767 | €32,039 | -€19,728 | -38.1% |
| Current portion of amounts payable after more than one year | 42 | €10,038 | €0 | -€10,038 | -100.0% |
| Trade debts | 44 | €4,020 | €5,317 | +€1,297 | +32.3% |
| Suppliers | 440/4 | €4,020 | €5,317 | +€1,297 | +32.3% |
| Taxes, remuneration and social security | 45 | €8,613 | €1,073 | -€7,539 | -87.5% |
| Taxes | 450/3 | €8,613 | €964 | -€7,649 | -88.8% |
| Remuneration and social security | 454/9 | - | €110 | +€110 | |
| Other amounts payable | 47/48 | €29,097 | €25,649 | -€3,448 | -11.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,861 | €11,617 | -€4,244 | -26.8% |
| Other operating charges | 640/8 | €205 | €1,310 | +€1,104 | +538.0% |
| Gross operating margin | 9900 | €3,750 | €2,323 | -€1,427 | -38.0% |
| Operating profit (loss) | 9901 | -€12,316 | -€10,603 | +€1,713 | +13.9% |
| Financial income | 75/76B | €36 | €0 | -€36 | -100.0% |
| Recurring financial income | 75 | €36 | €0 | -€36 | -100.0% |
| Financial charges | 65/66B | €259 | €163 | -€95 | -36.8% |
| Recurring financial charges | 65 | €259 | €163 | -€95 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,539 | -€10,767 | +€1,772 | +14.1% |
| Income taxes | 67/77 | €473 | €483 | +€10 | +2.1% |
| Profit (loss) for the period | 9904 | -€13,012 | -€11,250 | +€1,762 | +13.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,012 | -€11,250 | +€1,762 | +13.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.