ELITE CONSTRUCT: 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 CONSTRUCT
Largest movements
- Cash +€17,121
up €17,121 (+1733.0%), from €988 to €18,109
mainly Net result for the year (+€14,066) and Receivables within one year (+€2,985)
- Receivables within one year -€2,985
down €2,985 (-12.6%), from €23,614 to €20,629
of which Trade receivables: -€2,610
- Tangible fixed assets -€664
down €664 (-33.9%), from €1,959 to €1,295
- Profit (loss) carried forward +€14,066
up €14,066 (+264.3%), from €5,322 to €19,388
- Gross operating margin +€22,533
up €22,533, from -€7,749 to €14,784
- Depreciation +€631
up €631 (+1933.4%), from €33 to €664
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 | €26,561 | €40,358 | +€13,797 | +51.9% |
| Fixed assets | 21/28 | €1,959 | €1,295 | -€664 | -33.9% |
| Tangible fixed assets | 22/27 | €1,959 | €1,295 | -€664 | -33.9% |
| Furniture and vehicles | 24 | €1,959 | €1,295 | -€664 | -33.9% |
| Current assets | 29/58 | €24,602 | €39,063 | +€14,461 | +58.8% |
| Amounts receivable within one year | 40/41 | €23,614 | €20,629 | -€2,985 | -12.6% |
| Trade receivables | 40 | €22,760 | €20,150 | -€2,610 | -11.5% |
| Other amounts receivable | 41 | €854 | €479 | -€375 | -43.9% |
| Cash at bank and in hand | 54/58 | €988 | €18,109 | +€17,121 | +1733.0% |
| Deferred charges and accrued income | 490/1 | - | €325 | +€325 | |
| Total equity and liabilities | 10/49 | €26,561 | €40,358 | +€13,797 | +51.9% |
| Equity | 10/15 | €25,782 | €39,848 | +€14,066 | +54.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €5,322 | €19,388 | +€14,066 | +264.3% |
| Amounts payable | 17/49 | €779 | €511 | -€269 | -34.5% |
| Amounts payable within one year | 42/48 | €779 | €511 | -€269 | -34.5% |
| Trade debts | 44 | €254 | €182 | -€72 | -28.5% |
| Suppliers | 440/4 | €254 | €182 | -€72 | -28.5% |
| Taxes, remuneration and social security | 45 | €42 | - | -€42 | |
| Taxes | 450/3 | €42 | - | -€42 | |
| Other amounts payable | 47/48 | €484 | €329 | -€154 | -31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33 | €664 | +€631 | +1933.4% |
| Gross operating margin | 9900 | -€7,749 | €14,784 | +€22,533 | |
| Operating profit (loss) | 9901 | -€7,782 | €14,120 | +€21,902 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €51 | €54 | +€3 | +5.9% |
| Recurring financial charges | 65 | €51 | €54 | +€3 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,833 | €14,066 | +€21,899 | |
| Profit (loss) for the period | 9904 | -€7,833 | €14,066 | +€21,899 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,833 | €14,066 | +€21,899 |
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 4 October 2026 via checked.be.