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
- Deferred charges and accrued income -€2,084
down €2,084 (-90.8%), from €2,295 to €211
- Tangible fixed assets +€2,045
new in 2025: €2,045
- Receivables after one year -€1,829
down €1,829 (-1.7%), from €108,604 to €106,775
- Stocks and contracts -€1,404
down €1,404 (-7.6%), from €18,574 to €17,170
- Trade debts +€6,206
up €6,206 (+214.5%), from €2,893 to €9,100
- Tax, wage and social debts -€4,889
down €4,889 (-72.4%), from €6,756 to €1,867
- Debts after one year -€3,060
down €3,060 (-38.0%), from €8,060 to €5,000
- Profit (loss) carried forward +€2,744
up €2,744 (+3.3%), from €82,069 to €84,813
- Current portion of long-term debt -€2,229
no longer reported in 2025 (was €2,229)
- Gross operating margin -€4,585
down €4,585 (-28.3%), from €16,229 to €11,644
- Taxes -€1,902
down €1,902 (-67.9%), from €2,802 to €900
- Financial charges +€1,213
up €1,213 (+45.6%), from €2,663 to €3,877
- Other operating charges +€618
up €618 (+17.0%), from €3,630 to €4,248
- Depreciation -€196
down €196 (-85.0%), from €231 to €35
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 | €134,688 | €131,162 | -€3,526 | -2.6% |
| Fixed assets | 21/28 | €2,822 | €4,867 | +€2,045 | +72.5% |
| Tangible fixed assets | 22/27 | - | €2,045 | +€2,045 | |
| Furniture and vehicles | 24 | - | €2,045 | +€2,045 | |
| Financial fixed assets | 28 | €2,822 | €2,822 | = | 0.0% |
| Current assets | 29/58 | €131,867 | €126,295 | -€5,571 | -4.2% |
| Amounts receivable after more than one year | 29 | €108,604 | €106,775 | -€1,829 | -1.7% |
| Other amounts receivable | 291 | €108,604 | €106,775 | -€1,829 | -1.7% |
| Stocks and contracts in progress | 3 | €18,574 | €17,170 | -€1,404 | -7.6% |
| Stocks | 30/36 | €18,574 | €17,170 | -€1,404 | -7.6% |
| Amounts receivable within one year | 40/41 | €860 | €1,479 | +€619 | +72.0% |
| Trade receivables | 40 | €720 | - | -€720 | |
| Other amounts receivable | 41 | €140 | €1,479 | +€1,338 | +954.6% |
| Cash at bank and in hand | 54/58 | €1,534 | €661 | -€874 | -57.0% |
| Deferred charges and accrued income | 490/1 | €2,295 | €211 | -€2,084 | -90.8% |
| Total equity and liabilities | 10/49 | €134,688 | €131,162 | -€3,526 | -2.6% |
| Equity | 10/15 | €103,879 | €106,623 | +€2,744 | +2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,210 | €3,210 | = | 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 | €800 | €800 | = | 0.0% |
| Distributable reserves | 133 | €550 | €550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,069 | €84,813 | +€2,744 | +3.3% |
| Amounts payable | 17/49 | €30,809 | €24,540 | -€6,270 | -20.3% |
| Amounts payable after more than one year | 17 | €8,060 | €5,000 | -€3,060 | -38.0% |
| Financial debts | 170/4 | €8,060 | €5,000 | -€3,060 | -38.0% |
| Amounts payable within one year | 42/48 | €22,749 | €19,540 | -€3,210 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €2,229 | - | -€2,229 | |
| Financial debts | 43 | €8,748 | €7,064 | -€1,684 | -19.2% |
| Credit institutions | 430/8 | €8,748 | €7,064 | -€1,684 | -19.2% |
| Trade debts | 44 | €2,893 | €9,100 | +€6,206 | +214.5% |
| Suppliers | 440/4 | €2,893 | €9,100 | +€6,206 | +214.5% |
| Taxes, remuneration and social security | 45 | €6,756 | €1,867 | -€4,889 | -72.4% |
| Taxes | 450/3 | €6,756 | €1,867 | -€4,889 | -72.4% |
| Other amounts payable | 47/48 | €2,122 | €1,508 | -€614 | -28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €231 | €35 | -€196 | -85.0% |
| Other operating charges | 640/8 | €3,630 | €4,248 | +€618 | +17.0% |
| Gross operating margin | 9900 | €16,229 | €11,644 | -€4,585 | -28.3% |
| Operating profit (loss) | 9901 | €12,368 | €7,361 | -€5,007 | -40.5% |
| Financial income | 75/76B | €2 | €159 | +€158 | +10522.0% |
| Recurring financial income | 75 | €2 | €159 | +€158 | +10522.0% |
| Financial charges | 65/66B | €2,663 | €3,877 | +€1,213 | +45.6% |
| Recurring financial charges | 65 | €2,663 | €3,877 | +€1,213 | +45.6% |
| Profit (loss) for the period before taxes | 9903 | €9,707 | €3,644 | -€6,063 | -62.5% |
| Income taxes | 67/77 | €2,802 | €900 | -€1,902 | -67.9% |
| Profit (loss) for the period | 9904 | €6,904 | €2,744 | -€4,161 | -60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,904 | €2,744 | -€4,161 | -60.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.