Elitess: 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.
Elitess
Largest movements
- Tangible fixed assets +€98,473
up €98,473 (+18.4%), from €534,586 to €633,059
- Receivables within one year -€74,164
down €74,164 (-72.6%), from €102,164 to €28,000
of which Other amounts receivable: -€85,069
- Stocks and contracts -€46,780
down €46,780 (-18.9%), from €247,500 to €200,720
- Debts after one year -€127,866
down €127,866 (-20.1%), from €636,114 to €508,248
- Other debts +€75,406
up €75,406 (+986%), from €7,648 to €83,054
- Reserves +€17,000
up €17,000 (+13.4%), from €126,417 to €143,417
of which Distributable reserves: +€17,000
- Trade debts +€12,920
up €12,920 (+69.6%), from €18,558 to €31,478
- Gross operating margin -€62,325
down €62,325 (-37.4%), from €166,606 to €104,281
- Financial charges -€4,575
down €4,575 (-15.4%), from €29,652 to €25,077
- Depreciation +€4,366
up €4,366 (+29.6%), from €14,741 to €19,107
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 | €885,124 | €866,223 | -€18,901 | -2.1% |
| Fixed assets | 21/28 | €534,586 | €636,859 | +€102,273 | +19.1% |
| Tangible fixed assets | 22/27 | €534,586 | €633,059 | +€98,473 | +18.4% |
| Land and buildings | 22 | €534,586 | €633,059 | +€98,473 | +18.4% |
| Financial fixed assets | 28 | - | €3,800 | +€3,800 | |
| Current assets | 29/58 | €350,538 | €229,364 | -€121,174 | -34.6% |
| Stocks and contracts in progress | 3 | €247,500 | €200,720 | -€46,780 | -18.9% |
| Stocks | 30/36 | €247,500 | €200,720 | -€46,780 | -18.9% |
| Amounts receivable within one year | 40/41 | €102,164 | €28,000 | -€74,164 | -72.6% |
| Trade receivables | 40 | €17,095 | €28,000 | +€10,905 | +63.8% |
| Other amounts receivable | 41 | €85,069 | €0 | -€85,069 | -100% |
| Cash at bank and in hand | 54/58 | €874 | €644 | -€230 | -26.3% |
| Total equity and liabilities | 10/49 | €885,124 | €866,223 | -€18,901 | -2.1% |
| Equity | 10/15 | €145,652 | €163,326 | +€17,674 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €126,417 | €143,417 | +€17,000 | +13.4% |
| Tax-exempt reserves | 132 | €71,417 | €71,417 | = | 0.0% |
| Distributable reserves | 133 | €55,000 | €72,000 | +€17,000 | +30.9% |
| Profit (loss) carried forward | 14 | €635 | €1,309 | +€674 | +106% |
| Provisions and deferred taxes | 16 | €23,806 | €23,806 | = | 0.0% |
| Deferred taxes | 168 | €23,806 | €23,806 | = | 0.0% |
| Amounts payable | 17/49 | €715,666 | €679,091 | -€36,575 | -5.1% |
| Amounts payable after more than one year | 17 | €636,114 | €508,248 | -€127,866 | -20.1% |
| Financial debts | 170/4 | €636,114 | €508,248 | -€127,866 | -20.1% |
| Amounts payable within one year | 42/48 | €78,074 | €169,364 | +€91,291 | +117% |
| Current portion of amounts payable after more than one year | 42 | €36,943 | €37,924 | +€981 | +2.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €18,558 | €31,478 | +€12,920 | +69.6% |
| Suppliers | 440/4 | €18,558 | €31,478 | +€12,920 | +69.6% |
| Taxes, remuneration and social security | 45 | €14,924 | €16,908 | +€1,984 | +13.3% |
| Taxes | 450/3 | €6,674 | €14,319 | +€7,645 | +115% |
| Remuneration and social security | 454/9 | €8,250 | €2,589 | -€5,660 | -68.6% |
| Other amounts payable | 47/48 | €7,648 | €83,054 | +€75,406 | +986% |
| Accrued charges and deferred income | 492/3 | €1,478 | €1,478 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €38,794 | €37,899 | -€895 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,741 | €19,107 | +€4,366 | +29.6% |
| Other operating charges | 640/8 | €2,962 | €4,406 | +€1,444 | +48.8% |
| Gross operating margin | 9900 | €166,606 | €104,281 | -€62,325 | -37.4% |
| Operating profit (loss) | 9901 | €110,109 | €42,869 | -€67,240 | -61.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €29,652 | €25,077 | -€4,575 | -15.4% |
| Recurring financial charges | 65 | €29,652 | €25,077 | -€4,575 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €80,457 | €17,792 | -€62,665 | -77.9% |
| Transfer to deferred taxes | 680 | €23,806 | €0 | -€23,806 | -100% |
| Income taxes | 67/77 | €144 | €118 | -€26 | -18.3% |
| Profit (loss) for the period | 9904 | €56,508 | €17,674 | -€38,833 | -68.7% |
| Transfer to tax-exempt reserves | 689 | €71,417 | €0 | -€71,417 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,909 | €17,674 | +€32,584 |
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 24 October 2026 via checked.be.