ELITE - CARDS: 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 - CARDS
Largest movements
- Tangible fixed assets +€14,462
up €14,462 (+22.2%), from €65,201 to €79,663
of which Furniture and vehicles: +€14,973
- Cash -€8,210
down €8,210 (-43.7%), from €18,805 to €10,595
mainly Investment in fixed assets (net) (-€32,680) and Other debts (-€13,975)
- Receivables within one year +€1,732
up €1,732 (+10.4%), from €16,714 to €18,445
of which Trade receivables: +€3,260
- Other debts -€13,975
no longer reported in 2025 (was €13,975)
- Trade debts +€10,781
up €10,781 (+308%), from €3,501 to €14,282
- Current portion of long-term debt +€7,784
new in 2025: €7,784
- Profit (loss) carried forward +€6,142
up €6,142 (+39.7%), from -€15,480 to -€9,337
- Debts after one year -€4,316
down €4,316 (-10.2%), from €42,505 to €38,189
- Gross operating margin +€28,991
up €28,991 (+3,472%), from €835 to €29,826
- Depreciation +€5,979
up €5,979 (+48.8%), from €12,239 to €18,218
- Taxes +€1,352
new in 2025: €1,352
- Financial charges +€695
up €695 (+36.9%), from €1,882 to €2,576
- Other operating charges -€657
down €657 (-30.0%), from €2,194 to €1,537
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 | €101,690 | €109,616 | +€7,926 | +7.8% |
| Fixed assets | 21/28 | €65,201 | €79,663 | +€14,462 | +22.2% |
| Tangible fixed assets | 22/27 | €65,201 | €79,663 | +€14,462 | +22.2% |
| Land and buildings | 22 | €38,622 | €33,251 | -€5,371 | -13.9% |
| Plant, machinery and equipment | 23 | €8,092 | €12,952 | +€4,860 | +60.1% |
| Furniture and vehicles | 24 | €18,487 | €33,460 | +€14,973 | +81.0% |
| Current assets | 29/58 | €36,489 | €29,953 | -€6,536 | -17.9% |
| Amounts receivable within one year | 40/41 | €16,714 | €18,445 | +€1,732 | +10.4% |
| Trade receivables | 40 | €13,816 | €17,076 | +€3,260 | +23.6% |
| Other amounts receivable | 41 | €2,897 | €1,369 | -€1,528 | -52.7% |
| Cash at bank and in hand | 54/58 | €18,805 | €10,595 | -€8,210 | -43.7% |
| Deferred charges and accrued income | 490/1 | €971 | €913 | -€58 | -6.0% |
| Total equity and liabilities | 10/49 | €101,690 | €109,616 | +€7,926 | +7.8% |
| Equity | 10/15 | €41,623 | €47,765 | +€6,142 | +14.8% |
| Contributions | 10/11 | €13,350 | €13,350 | = | 0.0% |
| Reserves | 13 | €43,752 | €43,752 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,980 | €1,980 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,980 | €1,980 | = | 0.0% |
| Distributable reserves | 133 | €41,772 | €41,772 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,480 | -€9,337 | +€6,142 | +39.7% |
| Amounts payable | 17/49 | €60,068 | €61,851 | +€1,784 | +3.0% |
| Amounts payable after more than one year | 17 | €42,505 | €38,189 | -€4,316 | -10.2% |
| Financial debts | 170/4 | €42,505 | €38,189 | -€4,316 | -10.2% |
| Amounts payable within one year | 42/48 | €17,563 | €23,662 | +€6,099 | +34.7% |
| Current portion of amounts payable after more than one year | 42 | - | €7,784 | +€7,784 | |
| Trade debts | 44 | €3,501 | €14,282 | +€10,781 | +308% |
| Suppliers | 440/4 | €3,501 | €14,282 | +€10,781 | +308% |
| Taxes, remuneration and social security | 45 | €87 | €1,596 | +€1,510 | +1,741% |
| Taxes | 450/3 | €87 | €1,596 | +€1,510 | +1,741% |
| Other amounts payable | 47/48 | €13,975 | - | -€13,975 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,239 | €18,218 | +€5,979 | +48.8% |
| Other operating charges | 640/8 | €2,194 | €1,537 | -€657 | -30.0% |
| Gross operating margin | 9900 | €835 | €29,826 | +€28,991 | +3,472% |
| Operating profit (loss) | 9901 | -€13,598 | €10,071 | +€23,669 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,882 | €2,576 | +€695 | +36.9% |
| Recurring financial charges | 65 | €1,882 | €2,576 | +€695 | +36.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,480 | €7,495 | +€22,974 | |
| Income taxes | 67/77 | - | €1,352 | +€1,352 | |
| Profit (loss) for the period | 9904 | -€15,480 | €6,142 | +€21,622 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,480 | €6,142 | +€21,622 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.