ELISA.B: 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.
ELISA.B
Largest movements
- Receivables within one year +€4,927
up €4,927 (+46.5%), from €10,606 to €15,533
of which Trade receivables: +€7,558
- Cash +€1,402
up €1,402 (+47.8%), from €2,931 to €4,333
mainly Trade debts (+€2,809) and Net result for the year (+€2,231)
- Tangible fixed assets -€1,290
down €1,290 (-27.2%), from €4,735 to €3,445
- Trade debts +€2,809
up €2,809 (+164%), from €1,717 to €4,526
- Profit (loss) carried forward +€2,231
up €2,231 (+22.1%), from €10,106 to €12,337
- Gross operating margin -€10,132
down €10,132 (-45.7%), from €22,187 to €12,055
- Taxes +€2,555
up €2,555 (+85.2%), from €3,000 to €5,555
- Other operating charges +€799
up €799 (+156%), from €513 to €1,312
- Depreciation +€780
up €780 (+153%), from €510 to €1,290
- Financial charges -€424
down €424 (-19.0%), from €2,232 to €1,807
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 | €18,272 | €23,312 | +€5,040 | +27.6% |
| Fixed assets | 21/28 | €4,735 | €3,445 | -€1,290 | -27.2% |
| Tangible fixed assets | 22/27 | €4,735 | €3,445 | -€1,290 | -27.2% |
| Furniture and vehicles | 24 | €4,735 | €3,445 | -€1,290 | -27.2% |
| Current assets | 29/58 | €13,537 | €19,867 | +€6,330 | +46.8% |
| Amounts receivable within one year | 40/41 | €10,606 | €15,533 | +€4,927 | +46.5% |
| Trade receivables | 40 | - | €7,558 | +€7,558 | |
| Other amounts receivable | 41 | €10,606 | €7,975 | -€2,630 | -24.8% |
| Cash at bank and in hand | 54/58 | €2,931 | €4,333 | +€1,402 | +47.8% |
| Total equity and liabilities | 10/49 | €18,272 | €23,312 | +€5,040 | +27.6% |
| Equity | 10/15 | €13,106 | €15,337 | +€2,231 | +17.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,106 | €12,337 | +€2,231 | +22.1% |
| Amounts payable | 17/49 | €5,166 | €7,975 | +€2,809 | +54.4% |
| Amounts payable within one year | 42/48 | €5,166 | €7,975 | +€2,809 | +54.4% |
| Trade debts | 44 | €1,717 | €4,526 | +€2,809 | +164% |
| Suppliers | 440/4 | €1,717 | €4,526 | +€2,809 | +164% |
| Other amounts payable | 47/48 | €3,449 | €3,449 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €510 | €1,290 | +€780 | +153% |
| Other operating charges | 640/8 | €513 | €1,312 | +€799 | +156% |
| Gross operating margin | 9900 | €22,187 | €12,055 | -€10,132 | -45.7% |
| Operating profit (loss) | 9901 | €21,164 | €9,453 | -€11,711 | -55.3% |
| Financial income | 75/76B | €92 | €140 | +€48 | +51.7% |
| Recurring financial income | 75 | €92 | €140 | +€48 | +51.7% |
| Financial charges | 65/66B | €2,232 | €1,807 | -€424 | -19.0% |
| Recurring financial charges | 65 | €2,232 | €1,807 | -€424 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €19,025 | €7,786 | -€11,239 | -59.1% |
| Income taxes | 67/77 | €3,000 | €5,555 | +€2,555 | +85.2% |
| Profit (loss) for the period | 9904 | €16,025 | €2,231 | -€13,794 | -86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,025 | €2,231 | -€13,794 | -86.1% |
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 18 October 2026 via checked.be.