ELITE PROPERTIES: 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 PROPERTIES
Largest movements
- Receivables within one year +€118,398
up €118,398 (+551.0%), from €21,490 to €139,887
of which Trade receivables: +€129,564
- Tangible fixed assets -€101,904
down €101,904 (-3.3%), from €3.1m to €3.0m
- Stocks and contracts +€75,217
up €75,217 (+201.7%), from €37,299 to €112,516
- Other debts +€81,805
up €81,805 (+46.6%), from €175,539 to €257,344
- Debts after one year +€52,082
up €52,082 (+1.5%), from €3.4m to €3.4m
of which Financial debts: +€52,082
- Other operating charges -€34,888
down €34,888 (-60.8%), from €57,404 to €22,516
- Gross operating margin +€10,028
up €10,028 (+3.6%), from €278,729 to €288,757
- Financial charges -€8,826
down €8,826 (-4.6%), from €191,235 to €182,409
- Depreciation -€5,406
down €5,406 (-5.0%), from €107,310 to €101,904
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
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 | €4,296,596 | €4,396,902 | +€100,307 | +2.3% |
| Fixed assets | 21/28 | €4,223,889 | €4,121,985 | -€101,904 | -2.4% |
| Tangible fixed assets | 22/27 | €3,112,795 | €3,010,891 | -€101,904 | -3.3% |
| Land and buildings | 22 | €3,112,795 | €3,010,891 | -€101,904 | -3.3% |
| Financial fixed assets | 28 | €1,111,094 | €1,111,094 | = | 0.0% |
| Current assets | 29/58 | €72,707 | €274,917 | +€202,211 | +278.1% |
| Stocks and contracts in progress | 3 | €37,299 | €112,516 | +€75,217 | +201.7% |
| Stocks | 30/36 | €37,299 | €112,516 | +€75,217 | +201.7% |
| Amounts receivable within one year | 40/41 | €21,490 | €139,887 | +€118,398 | +551.0% |
| Trade receivables | 40 | €4,846 | €134,409 | +€129,564 | +2673.8% |
| Other amounts receivable | 41 | €16,644 | €5,478 | -€11,166 | -67.1% |
| Cash at bank and in hand | 54/58 | €13,918 | €22,514 | +€8,596 | +61.8% |
| Total equity and liabilities | 10/49 | €4,296,596 | €4,396,902 | +€100,307 | +2.3% |
| Equity | 10/15 | €603,596 | €585,524 | -€18,072 | -3.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €267,432 | €267,432 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €261,232 | €261,232 | = | 0.0% |
| Profit (loss) carried forward | 14 | €274,164 | €256,092 | -€18,072 | -6.6% |
| Provisions and deferred taxes | 16 | €87,077 | €87,077 | = | 0.0% |
| Deferred taxes | 168 | €87,077 | €87,077 | = | 0.0% |
| Amounts payable | 17/49 | €3,605,922 | €3,724,301 | +€118,379 | +3.3% |
| Amounts payable after more than one year | 17 | €3,391,693 | €3,443,775 | +€52,082 | +1.5% |
| Financial debts | 170/4 | €3,191,693 | €3,243,775 | +€52,082 | +1.6% |
| Other amounts payable | 178/9 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €214,229 | €280,526 | +€66,297 | +30.9% |
| Trade debts | 44 | €38,690 | €23,183 | -€15,507 | -40.1% |
| Suppliers | 440/4 | €38,690 | €23,183 | -€15,507 | -40.1% |
| Other amounts payable | 47/48 | €175,539 | €257,344 | +€81,805 | +46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,310 | €101,904 | -€5,406 | -5.0% |
| Other operating charges | 640/8 | €57,404 | €22,516 | -€34,888 | -60.8% |
| Gross operating margin | 9900 | €278,729 | €288,757 | +€10,028 | +3.6% |
| Operating profit (loss) | 9901 | €114,016 | €164,337 | +€50,321 | +44.1% |
| Financial charges | 65/66B | €191,235 | €182,409 | -€8,826 | -4.6% |
| Recurring financial charges | 65 | €191,235 | €182,409 | -€8,826 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€77,220 | -€18,072 | +€59,147 | +76.6% |
| Profit (loss) for the period | 9904 | -€77,220 | -€18,072 | +€59,147 | +76.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€77,220 | -€18,072 | +€59,147 | +76.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.