ELITE GEMS: 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 GEMS
Largest movements
- Stocks and contracts +€2.5m
up €2.5m (+49.8%), from €5.0m to €7.4m
- Receivables within one year -€950,197
down €950,197 (-42.3%), from €2.2m to €1.3m
of which Trade receivables: -€917,578
- Profit (loss) carried forward +€877,625
up €877,625 (+29.5%), from €3.0m to €3.9m
- Trade debts +€629,298
up €629,298 (+17.9%), from €3.5m to €4.2m
- Financial charges -€1.2m
down €1.2m (-94.5%), from €1.3m to €70,026
- Financial income -€1.1m
down €1.1m (-99.3%), from €1.1m to €7,444
- Gross operating margin +€814,312
up €814,312 (+348.1%), from €233,934 to €1.0m
- Taxes +€38,894
up €38,894 (+285.1%), from €13,643 to €52,537
- Staff costs -€17,625
down €17,625 (-24.2%), from €72,718 to €55,093
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 | €7,228,460 | €8,750,734 | +€1.5m | +21.1% |
| Fixed assets | 21/28 | €2,250 | €2,250 | = | 0.0% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €7,226,210 | €8,748,484 | +€1.5m | +21.1% |
| Stocks and contracts in progress | 3 | €4,973,200 | €7,449,038 | +€2.5m | +49.8% |
| Stocks | 30/36 | €4,973,200 | €7,449,038 | +€2.5m | +49.8% |
| Amounts receivable within one year | 40/41 | €2,246,862 | €1,296,665 | -€950,197 | -42.3% |
| Trade receivables | 40 | €2,195,601 | €1,278,023 | -€917,578 | -41.8% |
| Other amounts receivable | 41 | €51,261 | €18,642 | -€32,619 | -63.6% |
| Cash at bank and in hand | 54/58 | €6,148 | €2,781 | -€3,367 | -54.8% |
| Total equity and liabilities | 10/49 | €7,228,460 | €8,750,734 | +€1.5m | +21.1% |
| Equity | 10/15 | €3,043,672 | €3,921,296 | +€877,625 | +28.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €48,185 | €48,185 | = | 0.0% |
| Distributable reserves | 133 | €48,185 | €48,185 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,976,886 | €3,854,511 | +€877,625 | +29.5% |
| Amounts payable | 17/49 | €4,184,788 | €4,829,438 | +€644,649 | +15.4% |
| Amounts payable within one year | 42/48 | €4,184,788 | €4,829,438 | +€644,649 | +15.4% |
| Trade debts | 44 | €3,521,307 | €4,150,604 | +€629,298 | +17.9% |
| Suppliers | 440/4 | €3,521,307 | €4,150,604 | +€629,298 | +17.9% |
| Taxes, remuneration and social security | 45 | €56,969 | €76,780 | +€19,811 | +34.8% |
| Taxes | 450/3 | €26,694 | €65,479 | +€38,785 | +145.3% |
| Remuneration and social security | 454/9 | €30,275 | €11,302 | -€18,974 | -62.7% |
| Other amounts payable | 47/48 | €606,512 | €602,053 | -€4,459 | -0.7% |
| Remuneration, social security and pensions | 62 | €72,718 | €55,093 | -€17,625 | -24.2% |
| Other operating charges | 640/8 | €2,665 | €410 | -€2,255 | -84.6% |
| Gross operating margin | 9900 | €233,934 | €1,048,246 | +€814,312 | +348.1% |
| Operating profit (loss) | 9901 | €158,551 | €992,744 | +€834,193 | +526.1% |
| Financial income | 75/76B | €1,136,829 | €7,444 | -€1.1m | -99.3% |
| Recurring financial income | 75 | €1,136,829 | €7,444 | -€1.1m | -99.3% |
| Financial charges | 65/66B | €1,282,809 | €70,026 | -€1.2m | -94.5% |
| Recurring financial charges | 65 | €1,282,809 | €70,026 | -€1.2m | -94.5% |
| Profit (loss) for the period before taxes | 9903 | €12,570 | €930,162 | +€917,591 | +7299.7% |
| Income taxes | 67/77 | €13,643 | €52,537 | +€38,894 | +285.1% |
| Profit (loss) for the period | 9904 | -€1,072 | €877,625 | +€878,697 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,072 | €877,625 | +€878,697 |
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 6 October 2026 via checked.be.