ELITERO: 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.
ELITERO
Largest movements
- Receivables within one year +€19,803
up €19,803 (+59.4%), from €33,338 to €53,141
of which Trade receivables: +€21,167
- Tangible fixed assets -€2,508
down €2,508 (-46.2%), from €5,433 to €2,925
of which Plant, machinery and equipment: -€2,532
- Deferred charges and accrued income -€1,210
down €1,210 (-27.3%), from €4,433 to €3,224
- Tax, wage and social debts +€13,532
up €13,532 (+295.4%), from €4,580 to €18,112
of which Taxes: +€13,532
- Other debts +€2,547
up €2,547 (+12.5%), from €20,435 to €22,982
- Profit (loss) carried forward +€953
up €953 (+71.9%), from €1,326 to €2,279
- Trade debts -€816
down €816 (-82.2%), from €992 to €176
- Gross operating margin +€15,792
up €15,792 (+120.5%), from €13,102 to €28,894
- Taxes +€4,232
up €4,232 (+485.8%), from €871 to €5,103
- Depreciation -€3,457
down €3,457 (-38.1%), from €9,083 to €5,626
- Other operating charges -€913
down €913 (-49.3%), from €1,852 to €939
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.
Cash bridge derived
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 | €44,032 | €60,249 | +€16,216 | +36.8% |
| Fixed assets | 21/28 | €6,033 | €3,525 | -€2,508 | -41.6% |
| Tangible fixed assets | 22/27 | €5,433 | €2,925 | -€2,508 | -46.2% |
| Plant, machinery and equipment | 23 | €3,596 | €1,064 | -€2,532 | -70.4% |
| Furniture and vehicles | 24 | €1,837 | €1,861 | +€24 | +1.3% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €37,999 | €56,724 | +€18,725 | +49.3% |
| Amounts receivable within one year | 40/41 | €33,338 | €53,141 | +€19,803 | +59.4% |
| Trade receivables | 40 | €31,974 | €53,141 | +€21,167 | +66.2% |
| Other amounts receivable | 41 | €1,364 | - | -€1,364 | |
| Cash at bank and in hand | 54/58 | €228 | €359 | +€131 | +57.5% |
| Deferred charges and accrued income | 490/1 | €4,433 | €3,224 | -€1,210 | -27.3% |
| Total equity and liabilities | 10/49 | €44,032 | €60,249 | +€16,216 | +36.8% |
| Equity | 10/15 | €18,026 | €18,979 | +€953 | +5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,500 | €10,500 | = | 0.0% |
| Distributable reserves | 133 | €10,500 | €10,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,326 | €2,279 | +€953 | +71.9% |
| Amounts payable | 17/49 | €26,006 | €41,269 | +€15,263 | +58.7% |
| Amounts payable within one year | 42/48 | €26,006 | €41,269 | +€15,263 | +58.7% |
| Trade debts | 44 | €992 | €176 | -€816 | -82.2% |
| Suppliers | 440/4 | €992 | €176 | -€816 | -82.2% |
| Taxes, remuneration and social security | 45 | €4,580 | €18,112 | +€13,532 | +295.4% |
| Taxes | 450/3 | €1,080 | €14,612 | +€13,532 | +1252.9% |
| Remuneration and social security | 454/9 | €3,500 | €3,500 | = | 0.0% |
| Other amounts payable | 47/48 | €20,435 | €22,982 | +€2,547 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,083 | €5,626 | -€3,457 | -38.1% |
| Other operating charges | 640/8 | €1,852 | €939 | -€913 | -49.3% |
| Gross operating margin | 9900 | €13,102 | €28,894 | +€15,792 | +120.5% |
| Operating profit (loss) | 9901 | €2,167 | €22,330 | +€20,163 | +930.4% |
| Financial income | 75/76B | €3 | €0 | -€3 | -97.5% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -97.5% |
| Financial charges | 65/66B | €288 | €274 | -€14 | -4.9% |
| Recurring financial charges | 65 | €288 | €274 | -€14 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €1,882 | €22,056 | +€20,173 | +1071.6% |
| Income taxes | 67/77 | €871 | €5,103 | +€4,232 | +485.8% |
| Profit (loss) for the period | 9904 | €1,011 | €16,953 | +€15,942 | +1576.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,011 | €16,953 | +€15,942 | +1576.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.