ELITENEWS: 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.
ELITENEWS
Largest movements
- Tangible fixed assets -€5,809
down €5,809 (-39.2%), from €14,801 to €8,992
- Cash -€4,971
no longer reported in 2025 (was €4,971)
mainly Tax, wage and social debts (-€4,133) and Receivables within one year (-€2,698)
- Receivables within one year +€2,698
up €2,698 (+137%), from €1,972 to €4,670
of which Other amounts receivable: +€1,819
- Tax, wage and social debts -€4,133
down €4,133 (-41.7%), from €9,915 to €5,782
- Debts after one year -€2,263
down €2,263 (-100%), from €2,263 to €0
- Current portion of long-term debt -€2,229
down €2,229 (-49.6%), from €4,492 to €2,263
- Short-term financial debts +€2,155
new in 2025: €2,155
- Trade debts -€1,626
down €1,626 (-98.8%), from €1,645 to €20
- Gross operating margin -€9,469
down €9,469 (-50.2%), from €18,871 to €9,402
- Taxes -€1,938
down €1,938 (-50.2%), from €3,864 to €1,926
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 | €22,822 | €14,819 | -€8,003 | -35.1% |
| Fixed assets | 21/28 | €14,801 | €8,992 | -€5,809 | -39.2% |
| Tangible fixed assets | 22/27 | €14,801 | €8,992 | -€5,809 | -39.2% |
| Leasing and similar rights | 25 | €14,801 | €8,992 | -€5,809 | -39.2% |
| Current assets | 29/58 | €8,022 | €5,827 | -€2,194 | -27.4% |
| Amounts receivable within one year | 40/41 | €1,972 | €4,670 | +€2,698 | +137% |
| Trade receivables | 40 | €1,972 | €2,851 | +€879 | +44.6% |
| Other amounts receivable | 41 | - | €1,819 | +€1,819 | |
| Cash at bank and in hand | 54/58 | €4,971 | - | -€4,971 | |
| Deferred charges and accrued income | 490/1 | €1,079 | €1,157 | +€78 | +7.3% |
| Total equity and liabilities | 10/49 | €22,822 | €14,819 | -€8,003 | -35.1% |
| Equity | 10/15 | €3,376 | €3,078 | -€298 | -8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,224 | -€15,522 | -€298 | -2.0% |
| Amounts payable | 17/49 | €19,446 | €11,742 | -€7,705 | -39.6% |
| Amounts payable after more than one year | 17 | €2,263 | €0 | -€2,263 | -100% |
| Financial debts | 170/4 | €2,263 | €0 | -€2,263 | -100% |
| Amounts payable within one year | 42/48 | €17,108 | €11,724 | -€5,384 | -31.5% |
| Current portion of amounts payable after more than one year | 42 | €4,492 | €2,263 | -€2,229 | -49.6% |
| Financial debts | 43 | - | €2,155 | +€2,155 | |
| Credit institutions | 430/8 | - | €2,155 | +€2,155 | |
| Trade debts | 44 | €1,645 | €20 | -€1,626 | -98.8% |
| Suppliers | 440/4 | €1,645 | €20 | -€1,626 | -98.8% |
| Taxes, remuneration and social security | 45 | €9,915 | €5,782 | -€4,133 | -41.7% |
| Taxes | 450/3 | €9,915 | €5,782 | -€4,133 | -41.7% |
| Other amounts payable | 47/48 | €1,056 | €1,504 | +€448 | +42.5% |
| Accrued charges and deferred income | 492/3 | €76 | €18 | -€58 | -76.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,876 | €5,809 | -€68 | -1.1% |
| Other operating charges | 640/8 | €1,262 | €1,306 | +€44 | +3.5% |
| Gross operating margin | 9900 | €18,871 | €9,402 | -€9,469 | -50.2% |
| Operating profit (loss) | 9901 | €11,732 | €2,287 | -€9,445 | -80.5% |
| Financial income | 75/76B | €17 | €9 | -€9 | -50.5% |
| Recurring financial income | 75 | €17 | €9 | -€9 | -50.5% |
| Financial charges | 65/66B | €715 | €668 | -€47 | -6.6% |
| Recurring financial charges | 65 | €715 | €668 | -€47 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €11,034 | €1,628 | -€9,407 | -85.3% |
| Income taxes | 67/77 | €3,864 | €1,926 | -€1,938 | -50.2% |
| Profit (loss) for the period | 9904 | €7,170 | -€298 | -€7,469 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,170 | -€298 | -€7,469 |
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 26 October 2026 via checked.be.