Elite Tiles: 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 Tiles
Largest movements
- Cash +€6,573
up €6,573 (+55.6%), from €11,814 to €18,388
mainly Net result for the year (+€6,634) and Other debts (+€328)
- Reserves +€6,634
up €6,634 (+80.6%), from €8,232 to €14,866
- Other debts +€328
new in 2025: €328
- Trade debts -€266
down €266 (-60.3%), from €441 to €175
- Gross operating margin +€1,911
up €1,911 (+19.2%), from €9,947 to €11,858
- Financial charges +€1,000
up €1,000 (+126%), from €796 to €1,796
- Other operating charges +€325
up €325 (+38.7%), from €841 to €1,166
- Taxes +€121
up €121 (+5.6%), from €2,159 to €2,280
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 | €15,079 | €21,768 | +€6,689 | +44.4% |
| Current assets | 29/58 | €15,079 | €21,768 | +€6,689 | +44.4% |
| Amounts receivable within one year | 40/41 | €2,478 | €2,630 | +€152 | +6.1% |
| Trade receivables | 40 | €764 | €1,254 | +€490 | +64.1% |
| Other amounts receivable | 41 | €1,714 | €1,376 | -€338 | -19.7% |
| Cash at bank and in hand | 54/58 | €11,814 | €18,388 | +€6,573 | +55.6% |
| Deferred charges and accrued income | 490/1 | €787 | €751 | -€36 | -4.6% |
| Total equity and liabilities | 10/49 | €15,079 | €21,768 | +€6,689 | +44.4% |
| Equity | 10/15 | €10,732 | €17,366 | +€6,634 | +61.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €8,232 | €14,866 | +€6,634 | +80.6% |
| Distributable reserves | 133 | €8,232 | €14,866 | +€6,634 | +80.6% |
| Amounts payable | 17/49 | €4,347 | €4,402 | +€55 | +1.3% |
| Amounts payable within one year | 42/48 | €4,347 | €4,402 | +€55 | +1.3% |
| Trade debts | 44 | €441 | €175 | -€266 | -60.3% |
| Suppliers | 440/4 | €441 | €175 | -€266 | -60.3% |
| Taxes, remuneration and social security | 45 | €3,907 | €3,900 | -€7 | -0.2% |
| Taxes | 450/3 | €3,563 | €3,900 | +€336 | +9.4% |
| Remuneration and social security | 454/9 | €344 | - | -€344 | |
| Other amounts payable | 47/48 | - | €328 | +€328 | |
| Other operating charges | 640/8 | €841 | €1,166 | +€325 | +38.7% |
| Gross operating margin | 9900 | €9,947 | €11,858 | +€1,911 | +19.2% |
| Operating profit (loss) | 9901 | €9,107 | €10,692 | +€1,586 | +17.4% |
| Financial income | 75/76B | €0 | €18 | +€18 | +44,525% |
| Recurring financial income | 75 | €0 | €18 | +€18 | +44,525% |
| Financial charges | 65/66B | €796 | €1,796 | +€1,000 | +126% |
| Recurring financial charges | 65 | €796 | €1,796 | +€1,000 | +126% |
| Profit (loss) for the period before taxes | 9903 | €8,311 | €8,914 | +€603 | +7.3% |
| Income taxes | 67/77 | €2,159 | €2,280 | +€121 | +5.6% |
| Profit (loss) for the period | 9904 | €6,152 | €6,634 | +€483 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,152 | €6,634 | +€483 | +7.8% |
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 21 October 2026 via checked.be.