ELIF: 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.
ELIF
Largest movements
- Receivables within one year +€73,621
up €73,621 (+211.5%), from €34,806 to €108,427
of which Other amounts receivable: +€49,940
- Cash -€55,757
down €55,757 (-73.3%), from €76,100 to €20,343
mainly Receivables within one year (-€73,621) and Stocks and contracts (-€12,308)
- Stocks and contracts +€12,308
up €12,308 (+719.6%), from €1,710 to €14,018
- Tangible fixed assets +€4,731
up €4,731 (+222.9%), from €2,123 to €6,853
of which Plant, machinery and equipment: +€4,145
- Profit (loss) carried forward +€31,303
up €31,303 (+46.7%), from €66,984 to €98,287
- Tax, wage and social debts +€4,164
up €4,164 (+14.9%), from €27,922 to €32,086
- Taxes -€18,619
down €18,619, from €8,000 to -€10,619
- Other operating charges +€10,607
up €10,607 (+12.2%), from €86,687 to €97,295
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.
Cash bridge derived
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 | €115,366 | €150,834 | +€35,468 | +30.7% |
| Fixed assets | 21/28 | €2,123 | €6,853 | +€4,731 | +222.9% |
| Tangible fixed assets | 22/27 | €2,123 | €6,853 | +€4,731 | +222.9% |
| Plant, machinery and equipment | 23 | - | €4,145 | +€4,145 | |
| Furniture and vehicles | 24 | €2,123 | €2,708 | +€586 | +27.6% |
| Current assets | 29/58 | €113,244 | €143,981 | +€30,737 | +27.1% |
| Stocks and contracts in progress | 3 | €1,710 | €14,018 | +€12,308 | +719.6% |
| Stocks | 30/36 | €1,710 | €14,018 | +€12,308 | +719.6% |
| Amounts receivable within one year | 40/41 | €34,806 | €108,427 | +€73,621 | +211.5% |
| Trade receivables | 40 | €2,600 | €26,281 | +€23,680 | +910.7% |
| Other amounts receivable | 41 | €32,206 | €82,146 | +€49,940 | +155.1% |
| Cash at bank and in hand | 54/58 | €76,100 | €20,343 | -€55,757 | -73.3% |
| Deferred charges and accrued income | 490/1 | €627 | €1,192 | +€566 | +90.2% |
| Total equity and liabilities | 10/49 | €115,366 | €150,834 | +€35,468 | +30.7% |
| Equity | 10/15 | €87,444 | €118,747 | +€31,303 | +35.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €66,984 | €98,287 | +€31,303 | +46.7% |
| Amounts payable | 17/49 | €27,922 | €32,087 | +€4,165 | +14.9% |
| Amounts payable within one year | 42/48 | €27,922 | €32,087 | +€4,165 | +14.9% |
| Taxes, remuneration and social security | 45 | €27,922 | €32,086 | +€4,164 | +14.9% |
| Taxes | 450/3 | €27,922 | €32,086 | +€4,164 | +14.9% |
| Other amounts payable | 47/48 | - | €1 | +€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €463 | €89 | -€375 | -80.9% |
| Other operating charges | 640/8 | €86,687 | €97,295 | +€10,607 | +12.2% |
| Gross operating margin | 9900 | €120,992 | €120,453 | -€539 | -0.4% |
| Operating profit (loss) | 9901 | €33,842 | €23,070 | -€10,772 | -31.8% |
| Financial charges | 65/66B | €1,778 | €2,385 | +€607 | +34.2% |
| Recurring financial charges | 65 | €1,778 | €2,385 | +€607 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | €32,064 | €20,685 | -€11,379 | -35.5% |
| Income taxes | 67/77 | €8,000 | -€10,619 | -€18,619 | |
| Profit (loss) for the period | 9904 | €24,064 | €31,303 | +€7,240 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,064 | €31,303 | +€7,240 | +30.1% |
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 9 October 2026 via checked.be.