ELITE EXPORT: 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 EXPORT
Largest movements
- Receivables within one year -€51,010
down €51,010 (-24.4%), from €208,993 to €157,983
- Cash +€50,801
up €50,801 (+111.1%), from €45,730 to €96,532
mainly Receivables within one year (+€51,010) and Net result for the year (+€2,387)
- Tax, wage and social debts -€3,073
down €3,073 (-78.0%), from €3,941 to €869
- Gross operating margin -€14,128
down €14,128 (-71.0%), from €19,910 to €5,783
- Taxes -€3,073
down €3,073 (-78.0%), from €3,941 to €869
- Other operating charges -€2,160
down €2,160 (-77.5%), from €2,788 to €628
- Financial charges -€600
down €600 (-29.4%), from €2,044 to €1,443
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 | €257,117 | €256,452 | -€665 | -0.3% |
| Formation expenses | 20 | €1,643 | €1,187 | -€456 | -27.7% |
| Fixed assets | 21/28 | €750 | €750 | = | 0.0% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €254,724 | €254,515 | -€209 | -0.1% |
| Amounts receivable within one year | 40/41 | €208,993 | €157,983 | -€51,010 | -24.4% |
| Other amounts receivable | 41 | €208,993 | €157,983 | -€51,010 | -24.4% |
| Cash at bank and in hand | 54/58 | €45,730 | €96,532 | +€50,801 | +111.1% |
| Total equity and liabilities | 10/49 | €257,117 | €256,452 | -€665 | -0.3% |
| Equity | 10/15 | €253,175 | €255,562 | +€2,387 | +0.9% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Reserves | 13 | €10,500 | €10,500 | = | 0.0% |
| Distributable reserves | 133 | €10,500 | €10,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,675 | €140,062 | +€2,387 | +1.7% |
| Amounts payable | 17/49 | €3,941 | €890 | -€3,051 | -77.4% |
| Amounts payable within one year | 42/48 | €3,941 | €890 | -€3,051 | -77.4% |
| Trade debts | 44 | - | €21 | +€21 | |
| Suppliers | 440/4 | - | €21 | +€21 | |
| Taxes, remuneration and social security | 45 | €3,941 | €869 | -€3,073 | -78.0% |
| Taxes | 450/3 | €3,941 | €869 | -€3,073 | -78.0% |
| Non-recurring operating income | 76A | €886 | - | -€886 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €615 | €456 | -€159 | -25.9% |
| Other operating charges | 640/8 | €2,788 | €628 | -€2,160 | -77.5% |
| Gross operating margin | 9900 | €19,910 | €5,783 | -€14,128 | -71.0% |
| Operating profit (loss) | 9901 | €16,508 | €4,699 | -€11,809 | -71.5% |
| Financial charges | 65/66B | €2,044 | €1,443 | -€600 | -29.4% |
| Recurring financial charges | 65 | €2,044 | €1,443 | -€600 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €14,464 | €3,256 | -€11,209 | -77.5% |
| Income taxes | 67/77 | €3,941 | €869 | -€3,073 | -78.0% |
| Profit (loss) for the period | 9904 | €10,523 | €2,387 | -€8,136 | -77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,523 | €2,387 | -€8,136 | -77.3% |
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.