ELITE GROUPE: 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 GROUPE
Largest movements
- Tangible fixed assets +€8,782
up €8,782 (+32.2%), from €27,249 to €36,031
of which Leasing and similar rights: +€25,233
- Cash -€8,594
down €8,594 (-55.9%), from €15,379 to €6,785
mainly Investment in fixed assets (net) (-€29,115) and Trade debts (-€18,211)
- Receivables within one year -€7,586
down €7,586 (-23.8%), from €31,870 to €24,284
of which Trade receivables: -€7,486
- Trade debts -€18,211
down €18,211 (-97.2%), from €18,740 to €528
- Debts after one year +€10,116
new in 2025: €10,116
- Current portion of long-term debt +€6,674
new in 2025: €6,674
- Tax, wage and social debts -€4,933
down €4,933 (-32.3%), from €15,287 to €10,354
of which Taxes: -€3,993
- Other debts -€3,961
down €3,961 (-95.8%), from €4,135 to €173
- Depreciation +€6,582
up €6,582 (+47.9%), from €13,751 to €20,333
- Gross operating margin +€2,346
up €2,346 (+9.3%), from €25,258 to €27,605
- Financial charges +€1,347
up €1,347 (+220%), from €613 to €1,960
- Taxes -€1,235
down €1,235 (-46.4%), from €2,661 to €1,426
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 | €76,114 | €68,135 | -€7,979 | -10.5% |
| Fixed assets | 21/28 | €27,249 | €36,031 | +€8,782 | +32.2% |
| Tangible fixed assets | 22/27 | €27,249 | €36,031 | +€8,782 | +32.2% |
| Plant, machinery and equipment | 23 | €561 | €123 | -€438 | -78.0% |
| Furniture and vehicles | 24 | €26,688 | €10,675 | -€16,013 | -60.0% |
| Leasing and similar rights | 25 | - | €25,233 | +€25,233 | |
| Current assets | 29/58 | €48,865 | €32,103 | -€16,761 | -34.3% |
| Amounts receivable within one year | 40/41 | €31,870 | €24,284 | -€7,586 | -23.8% |
| Trade receivables | 40 | €30,174 | €22,688 | -€7,486 | -24.8% |
| Other amounts receivable | 41 | €1,696 | €1,596 | -€100 | -5.9% |
| Cash at bank and in hand | 54/58 | €15,379 | €6,785 | -€8,594 | -55.9% |
| Deferred charges and accrued income | 490/1 | €1,615 | €1,034 | -€582 | -36.0% |
| Total equity and liabilities | 10/49 | €76,114 | €68,135 | -€7,979 | -10.5% |
| Equity | 10/15 | €37,952 | €39,161 | +€1,208 | +3.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,452 | €36,661 | +€1,208 | +3.4% |
| Amounts payable | 17/49 | €38,161 | €28,974 | -€9,187 | -24.1% |
| Amounts payable after more than one year | 17 | - | €10,116 | +€10,116 | |
| Financial debts | 170/4 | - | €10,116 | +€10,116 | |
| Amounts payable within one year | 42/48 | €38,161 | €18,858 | -€19,304 | -50.6% |
| Current portion of amounts payable after more than one year | 42 | - | €6,674 | +€6,674 | |
| Financial debts | 43 | - | €1,129 | +€1,129 | |
| Credit institutions | 430/8 | - | €1,129 | +€1,129 | |
| Trade debts | 44 | €18,740 | €528 | -€18,211 | -97.2% |
| Suppliers | 440/4 | €18,740 | €528 | -€18,211 | -97.2% |
| Taxes, remuneration and social security | 45 | €15,287 | €10,354 | -€4,933 | -32.3% |
| Taxes | 450/3 | €5,947 | €1,954 | -€3,993 | -67.2% |
| Remuneration and social security | 454/9 | €9,340 | €8,400 | -€940 | -10.1% |
| Other amounts payable | 47/48 | €4,135 | €173 | -€3,961 | -95.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,751 | €20,333 | +€6,582 | +47.9% |
| Other operating charges | 640/8 | €2,629 | €2,679 | +€50 | +1.9% |
| Gross operating margin | 9900 | €25,258 | €27,605 | +€2,346 | +9.3% |
| Operating profit (loss) | 9901 | €8,879 | €4,593 | -€4,285 | -48.3% |
| Financial income | 75/76B | €9 | €1 | -€7 | -84.0% |
| Recurring financial income | 75 | €9 | €1 | -€7 | -84.0% |
| Financial charges | 65/66B | €613 | €1,960 | +€1,347 | +220% |
| Recurring financial charges | 65 | €613 | €1,960 | +€1,347 | +220% |
| Profit (loss) for the period before taxes | 9903 | €8,274 | €2,634 | -€5,640 | -68.2% |
| Income taxes | 67/77 | €2,661 | €1,426 | -€1,235 | -46.4% |
| Profit (loss) for the period | 9904 | €5,613 | €1,208 | -€4,404 | -78.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,613 | €1,208 | -€4,404 | -78.5% |
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 1 November 2026 via checked.be.