ELITE IMMO: 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 IMMO
Largest movements
- Receivables within one year -€162,632
down €162,632 (-46.5%), from €349,443 to €186,811
of which Trade receivables: -€131,000
- Tangible fixed assets +€104,797
up €104,797 (+7.2%), from €1.5m to €1.6m
of which Other tangible fixed assets: +€124,116
- Profit (loss) carried forward -€52,031
down €52,031, from €10,618 to -€41,412
- Depreciation +€112,711
up €112,711 (+115.9%), from €97,280 to €209,991
- Gross operating margin +€48,535
up €48,535 (+30.2%), from €160,476 to €209,011
- Financial charges +€15,887
up €15,887 (+91.9%), from €17,290 to €33,177
- Other operating charges +€11,537
up €11,537 (+182.1%), from €6,336 to €17,873
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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,809,498 | €1,760,245 | -€49,253 | -2.7% |
| Fixed assets | 21/28 | €1,453,678 | €1,558,475 | +€104,797 | +7.2% |
| Tangible fixed assets | 22/27 | €1,453,678 | €1,558,475 | +€104,797 | +7.2% |
| Land and buildings | 22 | €766,650 | €733,320 | -€33,330 | -4.3% |
| Plant, machinery and equipment | 23 | €7,526 | €20,635 | +€13,109 | +174.2% |
| Furniture and vehicles | 24 | €6,422 | €7,324 | +€902 | +14.0% |
| Other tangible fixed assets | 26 | €673,080 | €797,196 | +€124,116 | +18.4% |
| Current assets | 29/58 | €355,820 | €201,770 | -€154,050 | -43.3% |
| Amounts receivable within one year | 40/41 | €349,443 | €186,811 | -€162,632 | -46.5% |
| Trade receivables | 40 | €131,000 | - | -€131,000 | |
| Other amounts receivable | 41 | €218,443 | €186,811 | -€31,632 | -14.5% |
| Cash at bank and in hand | 54/58 | €6,377 | €14,959 | +€8,582 | +134.6% |
| Total equity and liabilities | 10/49 | €1,809,498 | €1,760,245 | -€49,253 | -2.7% |
| Equity | 10/15 | €311,177 | €259,146 | -€52,031 | -16.7% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €559 | €559 | = | 0.0% |
| Non-distributable reserves | 130/1 | €559 | €559 | = | 0.0% |
| Legal reserve | 130 | €559 | €559 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,618 | -€41,412 | -€52,031 | |
| Amounts payable | 17/49 | €1,498,320 | €1,501,098 | +€2,778 | +0.2% |
| Amounts payable after more than one year | 17 | €1,013,221 | €1,025,328 | +€12,106 | +1.2% |
| Financial debts | 170/4 | €1,013,221 | €1,025,328 | +€12,106 | +1.2% |
| Amounts payable within one year | 42/48 | €485,099 | €475,771 | -€9,328 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €87,383 | €69,636 | -€17,747 | -20.3% |
| Trade debts | 44 | - | €1,135 | +€1,135 | |
| Suppliers | 440/4 | - | €1,135 | +€1,135 | |
| Other amounts payable | 47/48 | €397,716 | €405,000 | +€7,284 | +1.8% |
| Non-recurring operating income | 76A | €3,059 | €6,220 | +€3,161 | +103.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,280 | €209,991 | +€112,711 | +115.9% |
| Other operating charges | 640/8 | €6,336 | €17,873 | +€11,537 | +182.1% |
| Gross operating margin | 9900 | €160,476 | €209,011 | +€48,535 | +30.2% |
| Operating profit (loss) | 9901 | €56,859 | -€18,854 | -€75,713 | |
| Financial charges | 65/66B | €17,290 | €33,177 | +€15,887 | +91.9% |
| Recurring financial charges | 65 | €17,290 | €33,177 | +€15,887 | +91.9% |
| Profit (loss) for the period before taxes | 9903 | €39,569 | -€52,031 | -€91,600 | |
| Profit (loss) for the period | 9904 | €39,569 | -€52,031 | -€91,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,569 | -€52,031 | -€91,600 |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.