ELITOM: what changed
Two fiscal 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.
ELITOM
Largest movements
- Tangible fixed assets -€11,105
down €11,105 (-5.5%), from €201,328 to €190,223
of which Land and buildings: -€10,595
- Cash -€3,962
down €3,962 (-99.9%), from €3,965 to €3
mainly Debts after one year (-€16,513) and Current portion of long-term debt (-€10,663)
- Debts after one year -€16,513
no longer reported in 2025 (was €16,513)
- Profit (loss) carried forward +€13,933
up €13,933 (+26.7%), from €52,148 to €66,081
- Current portion of long-term debt -€10,663
down €10,663 (-39.2%), from €27,176 to €16,513
- Tax, wage and social debts -€5,140
down €5,140 (-47.6%), from €10,790 to €5,650
- Other debts +€2,602
up €2,602 (+3.3%), from €78,946 to €81,548
- Gross operating margin -€1,314
down €1,314 (-3.8%), from €34,567 to €33,253
- Taxes -€941
down €941 (-16.7%), from €5,650 to €4,709
- Financial charges -€824
down €824 (-31.9%), from €2,584 to €1,760
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 | €206,380 | €190,467 | -€15,913 | -7.7% |
| Fixed assets | 21/28 | €201,328 | €190,223 | -€11,105 | -5.5% |
| Tangible fixed assets | 22/27 | €201,328 | €190,223 | -€11,105 | -5.5% |
| Land and buildings | 22 | €200,416 | €189,821 | -€10,595 | -5.3% |
| Furniture and vehicles | 24 | €912 | €402 | -€510 | -55.9% |
| Current assets | 29/58 | €5,052 | €244 | -€4,808 | -95.2% |
| Amounts receivable within one year | 40/41 | €1,087 | €241 | -€846 | -77.8% |
| Trade receivables | 40 | €1,087 | - | -€1,087 | |
| Other amounts receivable | 41 | - | €241 | +€241 | |
| Cash at bank and in hand | 54/58 | €3,965 | €3 | -€3,962 | -99.9% |
| Total equity and liabilities | 10/49 | €206,380 | €190,467 | -€15,913 | -7.7% |
| Equity | 10/15 | €72,608 | €86,541 | +€13,933 | +19.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,148 | €66,081 | +€13,933 | +26.7% |
| Amounts payable | 17/49 | €133,772 | €103,926 | -€29,846 | -22.3% |
| Amounts payable after more than one year | 17 | €16,513 | - | -€16,513 | |
| Financial debts | 170/4 | €16,513 | - | -€16,513 | |
| Amounts payable within one year | 42/48 | €117,259 | €103,926 | -€13,333 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €27,176 | €16,513 | -€10,663 | -39.2% |
| Trade debts | 44 | €347 | €215 | -€132 | -38.0% |
| Suppliers | 440/4 | €347 | €215 | -€132 | -38.0% |
| Taxes, remuneration and social security | 45 | €10,790 | €5,650 | -€5,140 | -47.6% |
| Taxes | 450/3 | €10,790 | €5,650 | -€5,140 | -47.6% |
| Other amounts payable | 47/48 | €78,946 | €81,548 | +€2,602 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,105 | €11,105 | = | 0.0% |
| Other operating charges | 640/8 | €1,474 | €1,746 | +€272 | +18.5% |
| Gross operating margin | 9900 | €34,567 | €33,253 | -€1,314 | -3.8% |
| Operating profit (loss) | 9901 | €21,988 | €20,402 | -€1,586 | -7.2% |
| Financial charges | 65/66B | €2,584 | €1,760 | -€824 | -31.9% |
| Recurring financial charges | 65 | €2,584 | €1,760 | -€824 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | €19,404 | €18,642 | -€762 | -3.9% |
| Income taxes | 67/77 | €5,650 | €4,709 | -€941 | -16.7% |
| Profit (loss) for the period | 9904 | €13,754 | €13,933 | +€179 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,754 | €13,933 | +€179 | +1.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.