ELITEAMS: 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.
ELITEAMS
Largest movements
- Cash +€23,070
up €23,070 (+84.0%), from €27,467 to €50,537
mainly Net result for the year (+€17,204) and Depreciation (+€4,674)
- Tangible fixed assets -€4,674
down €4,674 (-46.1%), from €10,128 to €5,454
of which Furniture and vehicles: -€4,399
- Receivables within one year -€3,106
down €3,106 (-55.3%), from €5,612 to €2,506
of which Trade receivables: -€4,063
- Profit (loss) carried forward +€17,204
up €17,204 (+55.5%), from €30,992 to €48,195
- Tax, wage and social debts -€2,534
down €2,534 (-32.6%), from €7,779 to €5,244
- Gross operating margin -€5,274
down €5,274 (-16.4%), from €32,062 to €26,789
- Purchases and services +€4,041
up €4,041 (+10.8%), from €37,261 to €41,302
- Turnover -€1,377
down €1,377 (-2.0%), from €69,324 to €67,947
- Taxes -€1,148
down €1,148 (-21.0%), from €5,472 to €4,324
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 | €43,555 | €58,845 | +€15,290 | +35.1% |
| Fixed assets | 21/28 | €10,476 | €5,802 | -€4,674 | -44.6% |
| Tangible fixed assets | 22/27 | €10,128 | €5,454 | -€4,674 | -46.1% |
| Plant, machinery and equipment | 23 | €797 | €522 | -€275 | -34.5% |
| Furniture and vehicles | 24 | €9,331 | €4,932 | -€4,399 | -47.1% |
| Financial fixed assets | 28 | €348 | €348 | = | 0.0% |
| Current assets | 29/58 | €33,080 | €53,043 | +€19,964 | +60.4% |
| Amounts receivable within one year | 40/41 | €5,612 | €2,506 | -€3,106 | -55.3% |
| Trade receivables | 40 | €4,063 | - | -€4,063 | |
| Other amounts receivable | 41 | €1,549 | €2,506 | +€957 | +61.8% |
| Cash at bank and in hand | 54/58 | €27,467 | €50,537 | +€23,070 | +84.0% |
| Total equity and liabilities | 10/49 | €43,555 | €58,845 | +€15,290 | +35.1% |
| Equity | 10/15 | €32,992 | €50,195 | +€17,204 | +52.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,992 | €48,195 | +€17,204 | +55.5% |
| Amounts payable | 17/49 | €10,564 | €8,650 | -€1,914 | -18.1% |
| Amounts payable within one year | 42/48 | €10,564 | €8,650 | -€1,914 | -18.1% |
| Trade debts | 44 | €1,048 | €1,584 | +€536 | +51.2% |
| Suppliers | 440/4 | €1,048 | €1,584 | +€536 | +51.2% |
| Taxes, remuneration and social security | 45 | €7,779 | €5,244 | -€2,534 | -32.6% |
| Taxes | 450/3 | €7,779 | €5,244 | -€2,534 | -32.6% |
| Other amounts payable | 47/48 | €1,738 | €1,822 | +€85 | +4.9% |
| Turnover | 70 | €69,324 | €67,947 | -€1,377 | -2.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €37,261 | €41,302 | +€4,041 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,142 | €4,674 | +€532 | +12.8% |
| Other operating charges | 640/8 | €587 | €552 | -€35 | -5.9% |
| Gross operating margin | 9900 | €32,062 | €26,789 | -€5,274 | -16.4% |
| Operating profit (loss) | 9901 | €27,334 | €21,563 | -€5,771 | -21.1% |
| Financial income | 75/76B | €0 | €1 | +€1 | +150.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +150.0% |
| Financial charges | 65/66B | €97 | €36 | -€60 | -62.4% |
| Recurring financial charges | 65 | €97 | €36 | -€60 | -62.4% |
| Profit (loss) for the period before taxes | 9903 | €27,237 | €21,528 | -€5,710 | -21.0% |
| Income taxes | 67/77 | €5,472 | €4,324 | -€1,148 | -21.0% |
| Profit (loss) for the period | 9904 | €21,765 | €17,204 | -€4,561 | -21.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,765 | €17,204 | -€4,561 | -21.0% |
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 12 October 2026 via checked.be.