Elise: 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.
Elise
Largest movements
- Cash -€2,354
down €2,354 (-62.2%), from €3,784 to €1,430
mainly Net result for the year (-€5,849) and Receivables within one year (-€2,249)
- Receivables within one year +€2,249
up €2,249 (+58.6%), from €3,838 to €6,088
- Stocks and contracts -€1,780
down €1,780 (-94.2%), from €1,891 to €111
- Tangible fixed assets -€906
down €906 (-29.0%), from €3,122 to €2,216
of which Plant, machinery and equipment: -€603
- Profit (loss) carried forward -€5,849
down €5,849 (-27.4%), from -€21,385 to -€27,234
- Trade debts +€1,769
up €1,769 (+113%), from €1,559 to €3,328
- Tax, wage and social debts +€1,290
up €1,290 (+645%), from €200 to €1,490
- Gross operating margin +€1,203
up €1,203 (+25.4%), from -€4,743 to -€3,540
- Financial charges -€556
down €556 (-37.3%), from €1,491 to €935
- Other operating charges -€540
down €540 (-55.3%), from €976 to €436
- Taxes -€168
down €168 (-83.8%), from €200 to €32
- Depreciation -€64
down €64 (-6.6%), from €971 to €906
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,635 | €9,844 | -€2,791 | -22.1% |
| Fixed assets | 21/28 | €3,122 | €2,216 | -€906 | -29.0% |
| Tangible fixed assets | 22/27 | €3,122 | €2,216 | -€906 | -29.0% |
| Plant, machinery and equipment | 23 | €2,063 | €1,461 | -€603 | -29.2% |
| Furniture and vehicles | 24 | €463 | €309 | -€154 | -33.3% |
| Other tangible fixed assets | 26 | €595 | €447 | -€149 | -25.0% |
| Current assets | 29/58 | €9,512 | €7,628 | -€1,885 | -19.8% |
| Stocks and contracts in progress | 3 | €1,891 | €111 | -€1,780 | -94.2% |
| Stocks | 30/36 | €1,891 | €111 | -€1,780 | -94.2% |
| Amounts receivable within one year | 40/41 | €3,838 | €6,088 | +€2,249 | +58.6% |
| Other amounts receivable | 41 | €3,838 | €6,088 | +€2,249 | +58.6% |
| Cash at bank and in hand | 54/58 | €3,784 | €1,430 | -€2,354 | -62.2% |
| Total equity and liabilities | 10/49 | €12,635 | €9,844 | -€2,791 | -22.1% |
| Equity | 10/15 | €10,875 | €5,026 | -€5,849 | -53.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,660 | €13,660 | = | 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% |
| Tax-exempt reserves | 132 | €8,800 | €8,800 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,385 | -€27,234 | -€5,849 | -27.4% |
| Amounts payable | 17/49 | €1,759 | €4,818 | +€3,059 | +174% |
| Amounts payable within one year | 42/48 | €1,759 | €4,818 | +€3,059 | +174% |
| Trade debts | 44 | €1,559 | €3,328 | +€1,769 | +113% |
| Suppliers | 440/4 | €1,559 | €3,328 | +€1,769 | +113% |
| Taxes, remuneration and social security | 45 | €200 | €1,490 | +€1,290 | +645% |
| Taxes | 450/3 | €200 | €1,490 | +€1,290 | +645% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €971 | €906 | -€64 | -6.6% |
| Other operating charges | 640/8 | €976 | €436 | -€540 | -55.3% |
| Gross operating margin | 9900 | -€4,743 | -€3,540 | +€1,203 | +25.4% |
| Operating profit (loss) | 9901 | -€6,689 | -€4,882 | +€1,807 | +27.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,491 | €935 | -€556 | -37.3% |
| Recurring financial charges | 65 | €1,491 | €935 | -€556 | -37.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,180 | -€5,817 | +€2,363 | +28.9% |
| Income taxes | 67/77 | €200 | €32 | -€168 | -83.8% |
| Profit (loss) for the period | 9904 | -€8,380 | -€5,849 | +€2,531 | +30.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,380 | -€5,849 | +€2,531 | +30.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.