ELITSERVICE: 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.
ELITSERVICE
Largest movements
- Tangible fixed assets -€5,468
down €5,468 (-12.4%), from €44,223 to €38,755
of which Plant, machinery and equipment: -€4,862
- Receivables within one year +€4,937
up €4,937 (+29.0%), from €17,026 to €21,963
- Cash -€1,166
down €1,166 (-27.2%), from €4,289 to €3,123
mainly Receivables within one year (-€4,937) and Net result for the year (-€3,524)
- Profit (loss) carried forward -€3,524
down €3,524 (-10.2%), from -€34,656 to -€38,180
- Trade debts +€2,467
up €2,467 (+251.2%), from €982 to €3,449
- Tax, wage and social debts -€750
down €750 (-28.2%), from €2,655 to €1,905
of which Remuneration and social security: -€750
- Gross operating margin -€12,060
down €12,060 (-69.9%), from €17,245 to €5,185
- Taxes -€1,905
no longer reported in 2025 (was €1,905)
- Depreciation +€362
up €362 (+7.1%), from €5,106 to €5,468
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 | €65,667 | €63,860 | -€1,807 | -2.8% |
| Fixed assets | 21/28 | €44,223 | €38,755 | -€5,468 | -12.4% |
| Tangible fixed assets | 22/27 | €44,223 | €38,755 | -€5,468 | -12.4% |
| Land and buildings | 22 | €11,329 | €10,878 | -€451 | -4.0% |
| Plant, machinery and equipment | 23 | €31,658 | €26,797 | -€4,862 | -15.4% |
| Furniture and vehicles | 24 | €1,236 | €1,080 | -€156 | -12.6% |
| Current assets | 29/58 | €21,444 | €25,105 | +€3,661 | +17.1% |
| Amounts receivable within one year | 40/41 | €17,026 | €21,963 | +€4,937 | +29.0% |
| Other amounts receivable | 41 | €17,026 | €21,963 | +€4,937 | +29.0% |
| Cash at bank and in hand | 54/58 | €4,289 | €3,123 | -€1,166 | -27.2% |
| Deferred charges and accrued income | 490/1 | €129 | €19 | -€110 | -85.3% |
| Total equity and liabilities | 10/49 | €65,667 | €63,860 | -€1,807 | -2.8% |
| Equity | 10/15 | €62,030 | €58,506 | -€3,524 | -5.7% |
| Contributions | 10/11 | €28,805 | €28,805 | = | 0.0% |
| Revaluation surpluses | 12 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €2,881 | €2,881 | = | 0.0% |
| Distributable reserves | 133 | €2,881 | €2,881 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,656 | -€38,180 | -€3,524 | -10.2% |
| Amounts payable | 17/49 | €3,637 | €5,354 | +€1,717 | +47.2% |
| Amounts payable within one year | 42/48 | €3,637 | €5,354 | +€1,717 | +47.2% |
| Trade debts | 44 | €982 | €3,449 | +€2,467 | +251.2% |
| Suppliers | 440/4 | €982 | €3,449 | +€2,467 | +251.2% |
| Taxes, remuneration and social security | 45 | €2,655 | €1,905 | -€750 | -28.2% |
| Taxes | 450/3 | €1,905 | €1,905 | = | 0.0% |
| Remuneration and social security | 454/9 | €750 | - | -€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,106 | €5,468 | +€362 | +7.1% |
| Other operating charges | 640/8 | €3,087 | €2,929 | -€158 | -5.1% |
| Gross operating margin | 9900 | €17,245 | €5,185 | -€12,060 | -69.9% |
| Operating profit (loss) | 9901 | €9,052 | -€3,213 | -€12,264 | |
| Financial charges | 65/66B | €313 | €311 | -€2 | -0.6% |
| Recurring financial charges | 65 | €313 | €311 | -€2 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €8,739 | -€3,524 | -€12,263 | |
| Income taxes | 67/77 | €1,905 | - | -€1,905 | |
| Profit (loss) for the period | 9904 | €6,834 | -€3,524 | -€10,358 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,834 | -€3,524 | -€10,358 |
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 6 October 2026 via checked.be.