ELITE SERVICES BE: 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 SERVICES BE
Largest movements
- Receivables within one year -€42,297
down €42,297 (-12.2%), from €346,409 to €304,112
of which Trade receivables: -€41,816
- Tangible fixed assets -€15,032
down €15,032 (-40.5%), from €37,099 to €22,067
of which Furniture and vehicles: -€16,056
- Stocks and contracts +€10,000
up €10,000 (+60.4%), from €16,550 to €26,550
- Cash -€6,453
down €6,453 (-14.6%), from €44,103 to €37,650
mainly Other debts (-€84,319) and Trade debts (-€19,944)
- Other debts -€84,319
down €84,319 (-98.9%), from €85,248 to €929
- Reserves +€26,136
new in 2024: €26,136
- Contributions +€24,000
new in 2024: €24,000
- Trade debts -€19,944
down €19,944 (-14.4%), from €138,631 to €118,687
- Gross operating margin -€63,778
down €63,778 (-28.7%), from €222,030 to €158,252
- Taxes +€48,634
up €48,634 (+14346.2%), from €339 to €48,973
- Financial income +€36,650
up €36,650 (+732996.0%), from €5 to €36,655
of which Non-recurring financial income: +€36,200
- Write-downs -€9,580
no longer reported in 2024 (was €9,580)
- Depreciation -€6,391
down €6,391 (-23.5%), from €27,203 to €20,812
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.
Cash bridge derived
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 | €446,780 | €392,466 | -€54,314 | -12.2% |
| Fixed assets | 21/28 | €38,999 | €23,967 | -€15,032 | -38.5% |
| Tangible fixed assets | 22/27 | €37,099 | €22,067 | -€15,032 | -40.5% |
| Plant, machinery and equipment | 23 | - | €1,024 | +€1,024 | |
| Furniture and vehicles | 24 | €37,099 | €21,043 | -€16,056 | -43.3% |
| Financial fixed assets | 28 | €1,900 | €1,900 | = | 0.0% |
| Current assets | 29/58 | €407,781 | €368,499 | -€39,282 | -9.6% |
| Stocks and contracts in progress | 3 | €16,550 | €26,550 | +€10,000 | +60.4% |
| Stocks | 30/36 | €16,550 | €26,550 | +€10,000 | +60.4% |
| Amounts receivable within one year | 40/41 | €346,409 | €304,112 | -€42,297 | -12.2% |
| Trade receivables | 40 | €287,417 | €245,601 | -€41,816 | -14.5% |
| Other amounts receivable | 41 | €58,992 | €58,511 | -€481 | -0.8% |
| Cash at bank and in hand | 54/58 | €44,103 | €37,650 | -€6,453 | -14.6% |
| Deferred charges and accrued income | 490/1 | €719 | €187 | -€532 | -74.0% |
| Total equity and liabilities | 10/49 | €446,780 | €392,466 | -€54,314 | -12.2% |
| Equity | 10/15 | €200,212 | €252,961 | +€52,749 | +26.3% |
| Contributions | 10/11 | - | €24,000 | +€24,000 | |
| Reserves | 13 | - | €26,136 | +€26,136 | |
| Distributable reserves | 133 | - | €26,136 | +€26,136 | |
| Profit (loss) carried forward | 14 | €200,212 | €202,825 | +€2,613 | +1.3% |
| Amounts payable | 17/49 | €246,568 | €139,506 | -€107,062 | -43.4% |
| Amounts payable within one year | 42/48 | €246,568 | €139,506 | -€107,062 | -43.4% |
| Trade debts | 44 | €138,631 | €118,687 | -€19,944 | -14.4% |
| Suppliers | 440/4 | €138,631 | €118,687 | -€19,944 | -14.4% |
| Taxes, remuneration and social security | 45 | €22,689 | €19,889 | -€2,800 | -12.3% |
| Taxes | 450/3 | €12,480 | €19,889 | +€7,409 | +59.4% |
| Remuneration and social security | 454/9 | €10,209 | - | -€10,209 | |
| Other amounts payable | 47/48 | €85,248 | €929 | -€84,319 | -98.9% |
| Remuneration, social security and pensions | 62 | €90,184 | €95,043 | +€4,859 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,203 | €20,812 | -€6,391 | -23.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,580 | - | -€9,580 | |
| Other operating charges | 640/8 | €1,029 | €1,043 | +€14 | +1.3% |
| Gross operating margin | 9900 | €222,030 | €158,252 | -€63,778 | -28.7% |
| Operating profit (loss) | 9901 | €94,034 | €41,354 | -€52,680 | -56.0% |
| Financial income | 75/76B | €5 | €36,655 | +€36,650 | +732996.0% |
| Recurring financial income | 75 | €5 | €455 | +€450 | +8996.0% |
| Non-recurring financial income | 76B | - | €36,200 | +€36,200 | |
| Financial charges | 65/66B | €115 | €287 | +€172 | +149.9% |
| Recurring financial charges | 65 | €115 | €287 | +€172 | +149.9% |
| Profit (loss) for the period before taxes | 9903 | €93,924 | €77,722 | -€16,202 | -17.3% |
| Income taxes | 67/77 | €339 | €48,973 | +€48,634 | +14346.2% |
| Profit (loss) for the period | 9904 | €93,585 | €28,749 | -€64,836 | -69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €93,585 | €28,749 | -€64,836 | -69.3% |
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 10 October 2026 via checked.be.