ELITE PERFUSION: 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 PERFUSION
Largest movements
- Current investments +€108,802
up €108,802 (+27.3%), from €399,210 to €508,012
- Tangible fixed assets +€55,150
up €55,150 (+359%), from €15,343 to €70,493
of which Furniture and vehicles: +€52,664
- Cash +€30,901
up €30,901 (+22.5%), from €137,141 to €168,042
mainly Net result for the year (+€129,151) and Debts after one year (+€42,147)
- Receivables within one year +€25,823
up €25,823 (+30.3%), from €85,208 to €111,031
of which Other amounts receivable: +€21,700
- Reserves +€129,151
up €129,151 (+24.1%), from €535,683 to €664,834
- Debts after one year +€42,147
up €42,147 (+1,983%), from €2,126 to €44,273
- Other debts +€25,609
up €25,609 (+49.2%), from €52,091 to €77,700
- Short-term financial debts +€21,921
new in 2025: €21,921
- Accrued charges and deferred income -€20,350
no longer reported in 2025 (was €20,350)
- Gross operating margin -€56,967
down €56,967 (-21.0%), from €271,294 to €214,328
- Financial charges +€24,738
up €24,738 (+532%), from €4,649 to €29,387
- Taxes -€20,369
down €20,369 (-27.5%), from €74,198 to €53,830
- Depreciation -€3,558
down €3,558 (-31.5%), from €11,280 to €7,722
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 | €640,978 | €858,194 | +€217,217 | +33.9% |
| Fixed assets | 21/28 | €15,343 | €70,493 | +€55,150 | +359% |
| Tangible fixed assets | 22/27 | €15,343 | €70,493 | +€55,150 | +359% |
| Plant, machinery and equipment | 23 | - | €2,486 | +€2,486 | |
| Furniture and vehicles | 24 | €15,343 | €68,008 | +€52,664 | +343% |
| Current assets | 29/58 | €625,634 | €787,701 | +€162,067 | +25.9% |
| Amounts receivable within one year | 40/41 | €85,208 | €111,031 | +€25,823 | +30.3% |
| Trade receivables | 40 | €81,708 | €85,831 | +€4,123 | +5.0% |
| Other amounts receivable | 41 | €3,500 | €25,200 | +€21,700 | +620% |
| Current investments | 50/53 | €399,210 | €508,012 | +€108,802 | +27.3% |
| Cash at bank and in hand | 54/58 | €137,141 | €168,042 | +€30,901 | +22.5% |
| Deferred charges and accrued income | 490/1 | €4,076 | €616 | -€3,459 | -84.9% |
| Total equity and liabilities | 10/49 | €640,978 | €858,194 | +€217,217 | +33.9% |
| Equity | 10/15 | €540,683 | €669,834 | +€129,151 | +23.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €535,683 | €664,834 | +€129,151 | +24.1% |
| Distributable reserves | 133 | €535,683 | €664,834 | +€129,151 | +24.1% |
| Amounts payable | 17/49 | €100,295 | €188,360 | +€88,066 | +87.8% |
| Amounts payable after more than one year | 17 | €2,126 | €44,273 | +€42,147 | +1,983% |
| Financial debts | 170/4 | €2,126 | €44,273 | +€42,147 | +1,983% |
| Amounts payable within one year | 42/48 | €77,819 | €144,088 | +€66,269 | +85.2% |
| Current portion of amounts payable after more than one year | 42 | €8,462 | €13,027 | +€4,565 | +53.9% |
| Financial debts | 43 | - | €21,921 | +€21,921 | |
| Credit institutions | 430/8 | - | €21,921 | +€21,921 | |
| Trade debts | 44 | €606 | €18,525 | +€17,919 | +2,958% |
| Suppliers | 440/4 | €606 | €18,525 | +€17,919 | +2,958% |
| Taxes, remuneration and social security | 45 | €16,660 | €12,915 | -€3,745 | -22.5% |
| Taxes | 450/3 | €16,660 | €12,915 | -€3,745 | -22.5% |
| Other amounts payable | 47/48 | €52,091 | €77,700 | +€25,609 | +49.2% |
| Accrued charges and deferred income | 492/3 | €20,350 | - | -€20,350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,280 | €7,722 | -€3,558 | -31.5% |
| Other operating charges | 640/8 | €607 | €620 | +€12 | +2.0% |
| Gross operating margin | 9900 | €271,294 | €214,328 | -€56,967 | -21.0% |
| Operating profit (loss) | 9901 | €259,408 | €205,986 | -€53,421 | -20.6% |
| Financial income | 75/76B | €6,042 | €6,381 | +€339 | +5.6% |
| Recurring financial income | 75 | €6,042 | €6,381 | +€339 | +5.6% |
| Financial charges | 65/66B | €4,649 | €29,387 | +€24,738 | +532% |
| Recurring financial charges | 65 | €4,649 | €29,387 | +€24,738 | +532% |
| Profit (loss) for the period before taxes | 9903 | €260,800 | €182,981 | -€77,820 | -29.8% |
| Income taxes | 67/77 | €74,198 | €53,830 | -€20,369 | -27.5% |
| Profit (loss) for the period | 9904 | €186,602 | €129,151 | -€57,451 | -30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €186,602 | €129,151 | -€57,451 | -30.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.