ELIFRAUR: 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.
ELIFRAUR
Largest movements
- Tangible fixed assets -€22,177
down €22,177 (-4.4%), from €504,819 to €482,642
- Debts after one year -€22,756
down €22,756 (-6.4%), from €353,046 to €330,290
- Gross operating margin -€2,380
down €2,380 (-6.9%), from €34,408 to €32,028
- Financial charges -€666
down €666 (-5.5%), from €12,094 to €11,428
- Other operating charges -€620
down €620 (-18.2%), from €3,415 to €2,795
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 | €517,173 | €491,879 | -€25,295 | -4.9% |
| Formation expenses | 20 | €1,695 | €1,130 | -€565 | -33.3% |
| Fixed assets | 21/28 | €504,819 | €482,642 | -€22,177 | -4.4% |
| Tangible fixed assets | 22/27 | €504,819 | €482,642 | -€22,177 | -4.4% |
| Land and buildings | 22 | €504,819 | €482,642 | -€22,177 | -4.4% |
| Current assets | 29/58 | €10,659 | €8,107 | -€2,552 | -23.9% |
| Amounts receivable within one year | 40/41 | €4,645 | €4,645 | = | 0.0% |
| Other amounts receivable | 41 | €4,645 | €4,645 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,014 | €3,077 | -€2,937 | -48.8% |
| Deferred charges and accrued income | 490/1 | - | €385 | +€385 | |
| Total equity and liabilities | 10/49 | €517,173 | €491,879 | -€25,295 | -4.9% |
| Equity | 10/15 | €139,633 | €134,697 | -€4,936 | -3.5% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,367 | -€45,303 | -€4,936 | -12.2% |
| Amounts payable | 17/49 | €377,540 | €357,182 | -€20,358 | -5.4% |
| Amounts payable after more than one year | 17 | €353,046 | €330,290 | -€22,756 | -6.4% |
| Financial debts | 170/4 | €353,046 | €330,290 | -€22,756 | -6.4% |
| Amounts payable within one year | 42/48 | €24,494 | €26,892 | +€2,398 | +9.8% |
| Current portion of amounts payable after more than one year | 42 | €22,063 | €22,756 | +€694 | +3.1% |
| Trade debts | 44 | €2,259 | €965 | -€1,294 | -57.3% |
| Suppliers | 440/4 | €2,259 | €965 | -€1,294 | -57.3% |
| Taxes, remuneration and social security | 45 | €107 | €806 | +€699 | +654% |
| Taxes | 450/3 | €107 | €806 | +€699 | +654% |
| Other amounts payable | 47/48 | €65 | €2,365 | +€2,300 | +3,523% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,742 | €22,742 | = | 0.0% |
| Other operating charges | 640/8 | €3,415 | €2,795 | -€620 | -18.2% |
| Gross operating margin | 9900 | €34,408 | €32,028 | -€2,380 | -6.9% |
| Operating profit (loss) | 9901 | €8,250 | €6,491 | -€1,759 | -21.3% |
| Financial charges | 65/66B | €12,094 | €11,428 | -€666 | -5.5% |
| Recurring financial charges | 65 | €12,094 | €11,428 | -€666 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,843 | -€4,936 | -€1,093 | -28.4% |
| Profit (loss) for the period | 9904 | -€3,843 | -€4,936 | -€1,093 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,843 | -€4,936 | -€1,093 | -28.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.