Elite House: 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 House
Largest movements
- Stocks and contracts -€417,778
down €417,778 (-57.4%), from €727,580 to €309,802
- Cash +€20,429
up €20,429 (+3,658%), from €559 to €20,988
mainly Stocks and contracts (+€417,778) and Net result for the year (+€114,567)
- Current portion of long-term debt -€318,834
down €318,834 (-66.3%), from €480,835 to €162,001
- Other debts -€201,634
down €201,634 (-86.2%), from €233,984 to €32,350
- Profit (loss) carried forward +€114,567
up €114,567, from -€33,736 to €80,831
- Trade debts +€13,776
up €13,776 (+50.3%), from €27,398 to €41,175
- Short-term financial debts -€9,088
no longer reported in 2025 (was €9,088)
- Gross operating margin +€214,722
up €214,722, from -€74,578 to €140,144
- Financial charges -€8,054
down €8,054 (-31.5%), from €25,561 to €17,507
- Taxes +€4,035
up €4,035 (+1,711%), from €236 to €4,270
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 | €731,436 | €337,887 | -€393,549 | -53.8% |
| Fixed assets | 21/28 | €3,298 | €2,098 | -€1,200 | -36.4% |
| Tangible fixed assets | 22/27 | €3,298 | €2,098 | -€1,200 | -36.4% |
| Furniture and vehicles | 24 | €3,298 | €2,098 | -€1,200 | -36.4% |
| Current assets | 29/58 | €728,138 | €335,790 | -€392,349 | -53.9% |
| Stocks and contracts in progress | 3 | €727,580 | €309,802 | -€417,778 | -57.4% |
| Stocks | 30/36 | €727,580 | €309,802 | -€417,778 | -57.4% |
| Amounts receivable within one year | 40/41 | - | €5,000 | +€5,000 | |
| Trade receivables | 40 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €559 | €20,988 | +€20,429 | +3,658% |
| Total equity and liabilities | 10/49 | €731,436 | €337,887 | -€393,549 | -53.8% |
| Equity | 10/15 | -€23,736 | €90,831 | +€114,567 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,736 | €80,831 | +€114,567 | |
| Amounts payable | 17/49 | €755,171 | €247,056 | -€508,115 | -67.3% |
| Amounts payable within one year | 42/48 | €751,541 | €239,796 | -€511,745 | -68.1% |
| Current portion of amounts payable after more than one year | 42 | €480,835 | €162,001 | -€318,834 | -66.3% |
| Financial debts | 43 | €9,088 | - | -€9,088 | |
| Credit institutions | 430/8 | €9,088 | - | -€9,088 | |
| Trade debts | 44 | €27,398 | €41,175 | +€13,776 | +50.3% |
| Suppliers | 440/4 | €27,398 | €41,175 | +€13,776 | +50.3% |
| Taxes, remuneration and social security | 45 | €236 | €4,270 | +€4,035 | +1,711% |
| Taxes | 450/3 | €236 | €4,270 | +€4,035 | +1,711% |
| Other amounts payable | 47/48 | €233,984 | €32,350 | -€201,634 | -86.2% |
| Accrued charges and deferred income | 492/3 | €3,630 | €7,260 | +€3,630 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,200 | €1,200 | = | 0.0% |
| Other operating charges | 640/8 | €2,022 | €2,600 | +€578 | +28.6% |
| Gross operating margin | 9900 | -€74,578 | €140,144 | +€214,722 | |
| Operating profit (loss) | 9901 | -€77,800 | €136,344 | +€214,144 | |
| Financial charges | 65/66B | €25,561 | €17,507 | -€8,054 | -31.5% |
| Recurring financial charges | 65 | €25,561 | €17,507 | -€8,054 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | -€103,361 | €118,837 | +€222,198 | |
| Income taxes | 67/77 | €236 | €4,270 | +€4,035 | +1,711% |
| Profit (loss) for the period | 9904 | -€103,597 | €114,567 | +€218,163 | |
| Profit (loss) for the period to be appropriated | 9905 | -€103,597 | €114,567 | +€218,163 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.