ELITE BUILDING GROUP: 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.
ELITE BUILDING GROUP
Largest movements
- Receivables within one year +€46,380
up €46,380 (+62.4%), from €74,297 to €120,677
of which Trade receivables: +€42,242
- Cash -€11,155
down €11,155 (-54.1%), from €20,609 to €9,454
mainly Receivables within one year (-€46,380) and Investment in fixed assets (net) (-€10,315)
- Tangible fixed assets -€2,246
down €2,246 (-7.0%), from €32,195 to €29,948
- Profit (loss) carried forward +€24,013
up €24,013 (+51.9%), from €46,227 to €70,240
- Debts after one year +€9,954
up €9,954 (+202%), from €4,919 to €14,873
- Tax, wage and social debts -€9,721
down €9,721 (-39.7%), from €24,464 to €14,744
of which Remuneration and social security: -€12,689
- Current portion of long-term debt +€6,607
up €6,607 (+227%), from €2,911 to €9,518
- Trade debts +€2,126
up €2,126 (+4.4%), from €48,080 to €50,205
of which Suppliers: +€16,391
- Gross operating margin -€18,312
down €18,312 (-27.9%), from €65,533 to €47,221
- Depreciation +€6,399
up €6,399 (+104%), from €6,162 to €12,561
- Taxes -€4,807
down €4,807 (-40.8%), from €11,775 to €6,968
- Financial charges +€2,060
up €2,060 (+391%), from €526 to €2,586
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 | €127,101 | €160,080 | +€32,979 | +25.9% |
| Fixed assets | 21/28 | €32,195 | €29,948 | -€2,246 | -7.0% |
| Tangible fixed assets | 22/27 | €32,195 | €29,948 | -€2,246 | -7.0% |
| Furniture and vehicles | 24 | €32,195 | €29,948 | -€2,246 | -7.0% |
| Current assets | 29/58 | €94,906 | €130,132 | +€35,225 | +37.1% |
| Amounts receivable within one year | 40/41 | €74,297 | €120,677 | +€46,380 | +62.4% |
| Trade receivables | 40 | €64,552 | €106,794 | +€42,242 | +65.4% |
| Other amounts receivable | 41 | €9,745 | €13,883 | +€4,138 | +42.5% |
| Cash at bank and in hand | 54/58 | €20,609 | €9,454 | -€11,155 | -54.1% |
| Total equity and liabilities | 10/49 | €127,101 | €160,080 | +€32,979 | +25.9% |
| Equity | 10/15 | €46,727 | €70,740 | +€24,013 | +51.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,227 | €70,240 | +€24,013 | +51.9% |
| Amounts payable | 17/49 | €80,374 | €89,340 | +€8,966 | +11.2% |
| Amounts payable after more than one year | 17 | €4,919 | €14,873 | +€9,954 | +202% |
| Financial debts | 170/4 | €4,919 | €14,873 | +€9,954 | +202% |
| Amounts payable within one year | 42/48 | €75,455 | €74,467 | -€988 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €2,911 | €9,518 | +€6,607 | +227% |
| Trade debts | 44 | €48,080 | €50,205 | +€2,126 | +4.4% |
| Suppliers | 440/4 | €14,949 | €31,340 | +€16,391 | +110% |
| Bills of exchange payable | 441 | €33,131 | €18,866 | -€14,265 | -43.1% |
| Taxes, remuneration and social security | 45 | €24,464 | €14,744 | -€9,721 | -39.7% |
| Taxes | 450/3 | €11,775 | €14,744 | +€2,968 | +25.2% |
| Remuneration and social security | 454/9 | €12,689 | - | -€12,689 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,162 | €12,561 | +€6,399 | +104% |
| Other operating charges | 640/8 | €842 | €1,092 | +€250 | +29.7% |
| Gross operating margin | 9900 | €65,533 | €47,221 | -€18,312 | -27.9% |
| Operating profit (loss) | 9901 | €58,529 | €33,567 | -€24,961 | -42.6% |
| Financial charges | 65/66B | €526 | €2,586 | +€2,060 | +391% |
| Recurring financial charges | 65 | €526 | €2,586 | +€2,060 | +391% |
| Profit (loss) for the period before taxes | 9903 | €58,002 | €30,981 | -€27,021 | -46.6% |
| Income taxes | 67/77 | €11,775 | €6,968 | -€4,807 | -40.8% |
| Profit (loss) for the period | 9904 | €46,227 | €24,013 | -€22,214 | -48.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,227 | €24,013 | -€22,214 | -48.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.