Elite Phone: 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 Phone
Largest movements
- Receivables within one year -€11,827
down €11,827 (-45.2%), from €26,149 to €14,322
of which Trade receivables: -€7,720
- Stocks and contracts +€10,763
up €10,763 (+26.0%), from €41,360 to €52,124
- Tangible fixed assets -€10,524
down €10,524 (-8.0%), from €130,731 to €120,207
of which Furniture and vehicles: -€5,504
- Cash +€10,088
up €10,088 (+67.4%), from €14,971 to €25,059
mainly Trade debts (+€12,272) and Receivables within one year (+€11,827)
- Trade debts +€12,272
up €12,272 (+1,411%), from €870 to €13,142
- Debts after one year -€6,154
down €6,154 (-6.0%), from €102,977 to €96,823
- Tax, wage and social debts -€5,556
down €5,556 (-46.1%), from €12,050 to €6,494
- Current portion of long-term debt -€2,465
down €2,465 (-28.6%), from €8,619 to €6,154
- Staff costs +€8,292
new in 2024: €8,292
- Financial income -€6,104
down €6,104 (-100.0%), from €6,104 to €0
- Gross operating margin +€5,805
up €5,805 (+20.6%), from €28,226 to €34,032
- Taxes -€1,940
down €1,940 (-56.4%), from €3,440 to €1,501
- Financial charges +€376
up €376 (+7.2%), from €5,253 to €5,629
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €215,486 | €213,986 | -€1,500 | -0.7% |
| Fixed assets | 21/28 | €130,731 | €120,207 | -€10,524 | -8.0% |
| Tangible fixed assets | 22/27 | €130,731 | €120,207 | -€10,524 | -8.0% |
| Land and buildings | 22 | €119,724 | €114,704 | -€5,020 | -4.2% |
| Furniture and vehicles | 24 | €11,008 | €5,504 | -€5,504 | -50.0% |
| Current assets | 29/58 | €84,755 | €93,779 | +€9,024 | +10.6% |
| Stocks and contracts in progress | 3 | €41,360 | €52,124 | +€10,763 | +26.0% |
| Stocks | 30/36 | €41,360 | €52,124 | +€10,763 | +26.0% |
| Amounts receivable within one year | 40/41 | €26,149 | €14,322 | -€11,827 | -45.2% |
| Trade receivables | 40 | €22,042 | €14,322 | -€7,720 | -35.0% |
| Other amounts receivable | 41 | €4,107 | €0 | -€4,107 | -100% |
| Cash at bank and in hand | 54/58 | €14,971 | €25,059 | +€10,088 | +67.4% |
| Deferred charges and accrued income | 490/1 | €2,274 | €2,274 | = | 0.0% |
| Total equity and liabilities | 10/49 | €215,486 | €213,986 | -€1,500 | -0.7% |
| Equity | 10/15 | €43,180 | €44,799 | +€1,619 | +3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,580 | €26,199 | +€1,619 | +6.6% |
| Non-distributable reserves | 130/1 | €78 | €78 | = | 0.0% |
| Reserves not available under the articles | 1311 | €78 | €78 | = | 0.0% |
| Distributable reserves | 133 | €24,502 | €26,121 | +€1,619 | +6.6% |
| Amounts payable | 17/49 | €172,306 | €169,188 | -€3,118 | -1.8% |
| Amounts payable after more than one year | 17 | €102,977 | €96,823 | -€6,154 | -6.0% |
| Financial debts | 170/4 | €102,977 | €96,823 | -€6,154 | -6.0% |
| Amounts payable within one year | 42/48 | €69,329 | €72,364 | +€3,036 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €8,619 | €6,154 | -€2,465 | -28.6% |
| Trade debts | 44 | €870 | €13,142 | +€12,272 | +1,411% |
| Suppliers | 440/4 | €870 | €13,142 | +€12,272 | +1,411% |
| Taxes, remuneration and social security | 45 | €12,050 | €6,494 | -€5,556 | -46.1% |
| Taxes | 450/3 | €12,050 | €6,494 | -€5,556 | -46.1% |
| Other amounts payable | 47/48 | €47,789 | €46,574 | -€1,215 | -2.5% |
| Remuneration, social security and pensions | 62 | - | €8,292 | +€8,292 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,524 | €10,524 | = | 0.0% |
| Other operating charges | 640/8 | €6,468 | €6,468 | +€0 | 0.0% |
| Gross operating margin | 9900 | €28,226 | €34,032 | +€5,805 | +20.6% |
| Operating profit (loss) | 9901 | €11,235 | €8,748 | -€2,487 | -22.1% |
| Financial income | 75/76B | €6,104 | €0 | -€6,104 | -100.0% |
| Recurring financial income | 75 | €6,104 | €0 | -€6,104 | -100.0% |
| Financial charges | 65/66B | €5,253 | €5,629 | +€376 | +7.2% |
| Recurring financial charges | 65 | €5,253 | €5,629 | +€376 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €12,087 | €3,119 | -€8,967 | -74.2% |
| Income taxes | 67/77 | €3,440 | €1,501 | -€1,940 | -56.4% |
| Profit (loss) for the period | 9904 | €8,646 | €1,619 | -€7,028 | -81.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,646 | €1,619 | -€7,028 | -81.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.