Elite: what changed
Two fiscal 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.
Elite
Largest movements
- Receivables within one year +€26,336
up €26,336 (+13941.6%), from €189 to €26,525
of which Trade receivables: +€25,593
- Tangible fixed assets -€25,000
down €25,000 (-16.3%), from €153,790 to €128,790
- Other debts +€29,238
up €29,238 (+38.2%), from €76,510 to €105,748
- Profit (loss) carried forward -€21,110
down €21,110 (-3.3%), from -€647,362 to -€668,473
- Debts after one year -€8,335
down €8,335 (-7.7%), from €108,450 to €100,115
- Accrued charges and deferred income +€6,447
up €6,447 (+10397.6%), from €62 to €6,509
- Trade debts -€3,117
down €3,117 (-44.0%), from €7,077 to €3,960
- Gross operating margin +€18,599
up €18,599, from -€5,914 to €12,686
- Financial charges -€256
down €256 (-29.7%), from €862 to €606
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.
Cash bridge derived
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 | €180,468 | €180,994 | +€526 | +0.3% |
| Fixed assets | 21/28 | €176,937 | €151,937 | -€25,000 | -14.1% |
| Tangible fixed assets | 22/27 | €153,790 | €128,790 | -€25,000 | -16.3% |
| Land and buildings | 22 | €153,790 | €128,790 | -€25,000 | -16.3% |
| Financial fixed assets | 28 | €23,147 | €23,147 | = | 0.0% |
| Current assets | 29/58 | €3,531 | €29,057 | +€25,526 | +722.9% |
| Amounts receivable within one year | 40/41 | €189 | €26,525 | +€26,336 | +13941.6% |
| Trade receivables | 40 | €185 | €25,779 | +€25,593 | +13805.8% |
| Other amounts receivable | 41 | €4 | €746 | +€743 | +21093.8% |
| Cash at bank and in hand | 54/58 | €853 | €419 | -€434 | -50.8% |
| Deferred charges and accrued income | 490/1 | €2,489 | €2,113 | -€376 | -15.1% |
| Total equity and liabilities | 10/49 | €180,468 | €180,994 | +€526 | +0.3% |
| Equity | 10/15 | -€22,562 | -€43,673 | -€21,110 | -93.6% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Revaluation surpluses | 12 | €450,000 | €450,000 | = | 0.0% |
| Reserves | 13 | €24,800 | €24,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,800 | €24,800 | = | 0.0% |
| Legal reserve | 130 | €24,800 | €24,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€647,362 | -€668,473 | -€21,110 | -3.3% |
| Amounts payable | 17/49 | €203,030 | €224,666 | +€21,636 | +10.7% |
| Amounts payable after more than one year | 17 | €108,450 | €100,115 | -€8,335 | -7.7% |
| Financial debts | 170/4 | €108,450 | €100,115 | -€8,335 | -7.7% |
| Amounts payable within one year | 42/48 | €94,518 | €118,043 | +€23,524 | +24.9% |
| Current portion of amounts payable after more than one year | 42 | €10,897 | €8,335 | -€2,562 | -23.5% |
| Trade debts | 44 | €7,077 | €3,960 | -€3,117 | -44.0% |
| Suppliers | 440/4 | €7,077 | €3,960 | -€3,117 | -44.0% |
| Taxes, remuneration and social security | 45 | €34 | - | -€34 | |
| Taxes | 450/3 | €34 | - | -€34 | |
| Other amounts payable | 47/48 | €76,510 | €105,748 | +€29,238 | +38.2% |
| Accrued charges and deferred income | 492/3 | €62 | €6,509 | +€6,447 | +10397.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,000 | €25,000 | = | 0.0% |
| Other operating charges | 640/8 | €8,171 | €8,190 | +€19 | +0.2% |
| Gross operating margin | 9900 | -€5,914 | €12,686 | +€18,599 | |
| Operating profit (loss) | 9901 | -€39,084 | -€20,504 | +€18,580 | +47.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €862 | €606 | -€256 | -29.7% |
| Recurring financial charges | 65 | €862 | €606 | -€256 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | -€39,947 | -€21,110 | +€18,837 | +47.2% |
| Profit (loss) for the period | 9904 | -€39,947 | -€21,110 | +€18,837 | +47.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,947 | -€21,110 | +€18,837 | +47.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.