Elite Projects: 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 Projects
Largest movements
- Cash +€65,835
up €65,835 (+330%), from €19,929 to €85,765
mainly Net result for the year (+€143,029)
- Receivables within one year +€7,945
up €7,945 (+1.3%), from €604,239 to €612,184
of which Other amounts receivable: +€7,945
- Profit (loss) carried forward +€143,029
up €143,029 (+25.2%), from €567,071 to €710,100
- Trade debts -€47,467
down €47,467 (-87.4%), from €54,331 to €6,864
- Other debts -€15,472
down €15,472 (-95.5%), from €16,200 to €728
- Financial income +€13,089
up €13,089 (+81.0%), from €16,154 to €29,243
- Gross operating margin -€8,209
down €8,209 (-4.7%), from €173,305 to €165,096
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 | €666,288 | €740,068 | +€73,780 | +11.1% |
| Current assets | 29/58 | €666,288 | €740,068 | +€73,780 | +11.1% |
| Amounts receivable within one year | 40/41 | €604,239 | €612,184 | +€7,945 | +1.3% |
| Trade receivables | 40 | €787 | €787 | = | 0.0% |
| Other amounts receivable | 41 | €603,452 | €611,397 | +€7,945 | +1.3% |
| Cash at bank and in hand | 54/58 | €19,929 | €85,765 | +€65,835 | +330% |
| Deferred charges and accrued income | 490/1 | €42,120 | €42,120 | = | 0.0% |
| Total equity and liabilities | 10/49 | €666,288 | €740,068 | +€73,780 | +11.1% |
| Equity | 10/15 | €578,271 | €721,300 | +€143,029 | +24.7% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €567,071 | €710,100 | +€143,029 | +25.2% |
| Amounts payable | 17/49 | €88,017 | €18,768 | -€69,249 | -78.7% |
| Amounts payable within one year | 42/48 | €77,017 | €7,768 | -€69,249 | -89.9% |
| Trade debts | 44 | €54,331 | €6,864 | -€47,467 | -87.4% |
| Suppliers | 440/4 | €54,331 | €6,864 | -€47,467 | -87.4% |
| Taxes, remuneration and social security | 45 | €6,486 | €176 | -€6,310 | -97.3% |
| Taxes | 450/3 | €6,486 | €176 | -€6,310 | -97.3% |
| Other amounts payable | 47/48 | €16,200 | €728 | -€15,472 | -95.5% |
| Accrued charges and deferred income | 492/3 | €11,000 | €11,000 | = | 0.0% |
| Other operating charges | 640/8 | €3,086 | €3,181 | +€95 | +3.1% |
| Gross operating margin | 9900 | €173,305 | €165,096 | -€8,209 | -4.7% |
| Operating profit (loss) | 9901 | €170,219 | €161,915 | -€8,304 | -4.9% |
| Financial income | 75/76B | €16,154 | €29,243 | +€13,089 | +81.0% |
| Recurring financial income | 75 | €16,154 | €29,243 | +€13,089 | +81.0% |
| Financial charges | 65/66B | €428 | €452 | +€25 | +5.8% |
| Recurring financial charges | 65 | €428 | €452 | +€25 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €185,945 | €190,706 | +€4,761 | +2.6% |
| Income taxes | 67/77 | €46,486 | €47,676 | +€1,190 | +2.6% |
| Profit (loss) for the period | 9904 | €139,459 | €143,029 | +€3,570 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €139,459 | €143,029 | +€3,570 | +2.6% |
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 18 October 2026 via checked.be.