Elite Services: 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 Services
Largest movements
- Cash -€130,953
down €130,953 (-38.9%), from €336,995 to €206,042
mainly Other debts (-€206,355) and Debts after one year (-€56,467)
- Tangible fixed assets -€86,701
down €86,701 (-4.8%), from €1.8m to €1.7m
of which Land and buildings: -€83,967
- Other debts -€206,355
down €206,355 (-99.0%), from €208,355 to €2,000
- Debts after one year -€56,467
down €56,467 (-5.4%), from €1.1m to €995,333
- Reserves +€47,000
up €47,000 (+24.8%), from €189,860 to €236,860
of which Distributable reserves: +€47,000
- Gross operating margin -€213,473
down €213,473 (-52.4%), from €407,034 to €193,561
- Taxes +€5,237
up €5,237 (+25.7%), from €20,350 to €25,587
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 | €2,383,647 | €2,165,272 | -€218,375 | -9.2% |
| Fixed assets | 21/28 | €1,791,050 | €1,704,349 | -€86,701 | -4.8% |
| Tangible fixed assets | 22/27 | €1,791,050 | €1,704,349 | -€86,701 | -4.8% |
| Land and buildings | 22 | €1,788,316 | €1,704,349 | -€83,967 | -4.7% |
| Furniture and vehicles | 24 | €2,734 | €0 | -€2,734 | -100.0% |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €592,597 | €460,923 | -€131,674 | -22.2% |
| Amounts receivable within one year | 40/41 | €253,154 | €252,339 | -€815 | -0.3% |
| Trade receivables | 40 | - | €2,339 | +€2,339 | |
| Other amounts receivable | 41 | €253,154 | €250,000 | -€3,154 | -1.2% |
| Cash at bank and in hand | 54/58 | €336,995 | €206,042 | -€130,953 | -38.9% |
| Deferred charges and accrued income | 490/1 | €2,449 | €2,542 | +€93 | +3.8% |
| Total equity and liabilities | 10/49 | €2,383,647 | €2,165,272 | -€218,375 | -9.2% |
| Equity | 10/15 | €1,048,769 | €1,096,525 | +€47,756 | +4.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €189,860 | €236,860 | +€47,000 | +24.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €188,000 | €235,000 | +€47,000 | +25.0% |
| Profit (loss) carried forward | 14 | €846,509 | €847,265 | +€756 | +0.1% |
| Amounts payable | 17/49 | €1,334,879 | €1,068,747 | -€266,132 | -19.9% |
| Amounts payable after more than one year | 17 | €1,051,800 | €995,333 | -€56,467 | -5.4% |
| Financial debts | 170/4 | €1,051,800 | €995,333 | -€56,467 | -5.4% |
| Amounts payable within one year | 42/48 | €283,079 | €73,414 | -€209,665 | -74.1% |
| Current portion of amounts payable after more than one year | 42 | €55,978 | €56,467 | +€489 | +0.9% |
| Trade debts | 44 | €1,143 | €0 | -€1,143 | -100.0% |
| Suppliers | 440/4 | €1,143 | €0 | -€1,143 | -100.0% |
| Taxes, remuneration and social security | 45 | €17,603 | €14,947 | -€2,656 | -15.1% |
| Taxes | 450/3 | €17,603 | €14,947 | -€2,656 | -15.1% |
| Other amounts payable | 47/48 | €208,355 | €2,000 | -€206,355 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,311 | €88,370 | -€3,941 | -4.3% |
| Other operating charges | 640/8 | €21,666 | €22,338 | +€672 | +3.1% |
| Gross operating margin | 9900 | €407,034 | €193,561 | -€213,473 | -52.4% |
| Operating profit (loss) | 9901 | €293,057 | €82,853 | -€210,204 | -71.7% |
| Financial charges | 65/66B | €10,001 | €9,509 | -€492 | -4.9% |
| Recurring financial charges | 65 | €10,001 | €9,509 | -€492 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €283,057 | €73,344 | -€209,713 | -74.1% |
| Income taxes | 67/77 | €20,350 | €25,587 | +€5,237 | +25.7% |
| Profit (loss) for the period | 9904 | €262,707 | €47,757 | -€214,950 | -81.8% |
| Profit (loss) for the period to be appropriated | 9905 | €262,707 | €47,757 | -€214,950 | -81.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 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.