ELITE TECHNOLOGIES: 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 TECHNOLOGIES
Largest movements
- Cash -€60,930
down €60,930 (-19.9%), from €306,739 to €245,809
mainly Tax, wage and social debts (-€27,511) and Net result for the year (-€25,842)
- Receivables within one year -€39,155
down €39,155 (-21.1%), from €185,830 to €146,675
of which Trade receivables: -€68,991
- Tax, wage and social debts -€27,511
down €27,511 (-31.2%), from €88,059 to €60,548
of which Remuneration and social security: -€20,500
- Profit (loss) carried forward -€25,842
down €25,842 (-82.1%), from €31,465 to €5,622
- Trade debts -€21,627
down €21,627 (-56.1%), from €38,547 to €16,920
- Other debts -€20,000
down €20,000 (-100%), from €20,000 to €0
- Gross operating margin -€115,656
down €115,656 (-16.9%), from €682,943 to €567,286
- Staff costs -€48,353
down €48,353 (-7.5%), from €642,617 to €594,264
- Taxes -€26,752
down €26,752, from €23,327 to -€3,425
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 | €492,568 | €396,719 | -€95,850 | -19.5% |
| Current assets | 29/58 | €492,568 | €396,719 | -€95,850 | -19.5% |
| Amounts receivable within one year | 40/41 | €185,830 | €146,675 | -€39,155 | -21.1% |
| Trade receivables | 40 | €178,701 | €109,710 | -€68,991 | -38.6% |
| Other amounts receivable | 41 | €7,128 | €36,965 | +€29,836 | +419% |
| Cash at bank and in hand | 54/58 | €306,739 | €245,809 | -€60,930 | -19.9% |
| Deferred charges and accrued income | 490/1 | €0 | €4,235 | +€4,235 | |
| Total equity and liabilities | 10/49 | €492,568 | €396,719 | -€95,850 | -19.5% |
| Equity | 10/15 | €337,065 | €311,222 | -€25,842 | -7.7% |
| Contributions | 10/11 | €26,000 | €26,000 | = | 0.0% |
| Reserves | 13 | €279,600 | €279,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,600 | €4,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,600 | €4,600 | = | 0.0% |
| Distributable reserves | 133 | €275,000 | €275,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,465 | €5,622 | -€25,842 | -82.1% |
| Amounts payable | 17/49 | €155,504 | €85,497 | -€70,007 | -45.0% |
| Amounts payable within one year | 42/48 | €155,504 | €85,497 | -€70,007 | -45.0% |
| Current portion of amounts payable after more than one year | 42 | €8,897 | €8,028 | -€869 | -9.8% |
| Trade debts | 44 | €38,547 | €16,920 | -€21,627 | -56.1% |
| Suppliers | 440/4 | €38,547 | €16,920 | -€21,627 | -56.1% |
| Taxes, remuneration and social security | 45 | €88,059 | €60,548 | -€27,511 | -31.2% |
| Taxes | 450/3 | €8,672 | €1,661 | -€7,011 | -80.8% |
| Remuneration and social security | 454/9 | €79,387 | €58,887 | -€20,500 | -25.8% |
| Other amounts payable | 47/48 | €20,000 | €0 | -€20,000 | -100% |
| Remuneration, social security and pensions | 62 | €642,617 | €594,264 | -€48,353 | -7.5% |
| Other operating charges | 640/8 | €2,567 | €400 | -€2,168 | -84.4% |
| Non-recurring operating charges | 66A | €1,069 | €922 | -€147 | -13.7% |
| Gross operating margin | 9900 | €682,943 | €567,286 | -€115,656 | -16.9% |
| Operating profit (loss) | 9901 | €36,690 | -€28,300 | -€64,989 | |
| Financial income | 75/76B | €19 | - | -€19 | |
| Recurring financial income | 75 | €19 | - | -€19 | |
| Financial charges | 65/66B | €1,440 | €968 | -€472 | -32.8% |
| Recurring financial charges | 65 | €1,440 | €968 | -€472 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €35,268 | -€29,268 | -€64,536 | |
| Income taxes | 67/77 | €23,327 | -€3,425 | -€26,752 | |
| Profit (loss) for the period | 9904 | €11,942 | -€25,842 | -€37,784 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,942 | -€25,842 | -€37,784 |
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 15 October 2026 via checked.be.