ELISAV: 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.
ELISAV
Largest movements
- Receivables within one year -€23,925
down €23,925 (-35.3%), from €67,840 to €43,915
of which Trade receivables: -€18,944
- Cash +€14,561
up €14,561 (+73.0%), from €19,959 to €34,520
mainly Receivables within one year (+€23,925) and Depreciation (+€6,766)
- Tangible fixed assets -€1,291
down €1,291 (-6.5%), from €19,813 to €18,522
of which Furniture and vehicles: -€2,956
- Profit (loss) carried forward -€7,510
down €7,510 (-8.5%), from €88,776 to €81,266
- Trade debts -€3,110
down €3,110 (-75.6%), from €4,115 to €1,005
- Purchases and services +€303,624
new in 2025: €303,624
- Turnover +€302,728
new in 2025: €302,728
- Gross operating margin -€72,825
down €72,825 (-97.5%), from €74,696 to €1,871
- Taxes -€14,629
down €14,629 (-99.0%), from €14,779 to €150
- Depreciation +€5,061
up €5,061 (+297%), from €1,705 to €6,766
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 | €108,469 | €97,918 | -€10,551 | -9.7% |
| Fixed assets | 21/28 | €19,813 | €18,522 | -€1,291 | -6.5% |
| Tangible fixed assets | 22/27 | €19,813 | €18,522 | -€1,291 | -6.5% |
| Plant, machinery and equipment | 23 | - | €1,666 | +€1,666 | |
| Furniture and vehicles | 24 | €19,813 | €16,857 | -€2,956 | -14.9% |
| Current assets | 29/58 | €88,656 | €79,396 | -€9,260 | -10.4% |
| Amounts receivable within one year | 40/41 | €67,840 | €43,915 | -€23,925 | -35.3% |
| Trade receivables | 40 | €39,166 | €20,222 | -€18,944 | -48.4% |
| Other amounts receivable | 41 | €28,674 | €23,693 | -€4,981 | -17.4% |
| Cash at bank and in hand | 54/58 | €19,959 | €34,520 | +€14,561 | +73.0% |
| Deferred charges and accrued income | 490/1 | €857 | €961 | +€104 | +12.1% |
| Total equity and liabilities | 10/49 | €108,469 | €97,918 | -€10,551 | -9.7% |
| Equity | 10/15 | €89,476 | €81,966 | -€7,510 | -8.4% |
| Contributions | 10/11 | €700 | €700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,776 | €81,266 | -€7,510 | -8.5% |
| Amounts payable | 17/49 | €18,993 | €15,953 | -€3,040 | -16.0% |
| Amounts payable within one year | 42/48 | €18,993 | €15,953 | -€3,040 | -16.0% |
| Trade debts | 44 | €4,115 | €1,005 | -€3,110 | -75.6% |
| Suppliers | 440/4 | €4,115 | €1,005 | -€3,110 | -75.6% |
| Taxes, remuneration and social security | 45 | €14,779 | €14,948 | +€169 | +1.1% |
| Taxes | 450/3 | €14,779 | €14,948 | +€169 | +1.1% |
| Other amounts payable | 47/48 | €99 | - | -€99 | |
| Turnover | 70 | - | €302,728 | +€302,728 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €303,624 | +€303,624 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,705 | €6,766 | +€5,061 | +297% |
| Other operating charges | 640/8 | €1,095 | €1,198 | +€103 | +9.4% |
| Gross operating margin | 9900 | €74,696 | €1,871 | -€72,825 | -97.5% |
| Operating profit (loss) | 9901 | €71,896 | -€6,093 | -€77,989 | |
| Financial income | 75/76B | €4 | €0 | -€4 | -99.0% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -99.0% |
| Financial charges | 65/66B | €2,057 | €1,266 | -€791 | -38.4% |
| Recurring financial charges | 65 | €2,057 | €1,266 | -€791 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | €69,843 | -€7,359 | -€77,202 | |
| Income taxes | 67/77 | €14,779 | €150 | -€14,629 | -99.0% |
| Profit (loss) for the period | 9904 | €55,064 | -€7,509 | -€62,573 | |
| Profit (loss) for the period to be appropriated | 9905 | €55,064 | -€7,509 | -€62,573 |
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 27 October 2026 via checked.be.