ELIVEA: 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.
ELIVEA
Largest movements
- Current investments +€65,891
new in 2025: €65,891
- Cash -€29,531
down €29,531 (-21.2%), from €139,161 to €109,630
mainly Current investments (-€65,891) and Investment in fixed assets (net) (-€6,867)
- Receivables within one year +€6,545
up €6,545 (+98.7%), from €6,635 to €13,180
of which Trade receivables: +€6,416
- Tangible fixed assets +€2,096
up €2,096 (+45.1%), from €4,647 to €6,743
of which Other tangible fixed assets: +€4,364
- Reserves +€35,541
up €35,541 (+31.1%), from €114,133 to €149,673
- Other debts +€7,434
up €7,434 (+40.0%), from €18,601 to €26,036
- Accrued charges and deferred income +€2,711
up €2,711 (+1929.4%), from €141 to €2,851
- Trade debts -€2,352
down €2,352 (-67.4%), from €3,490 to €1,138
- Gross operating margin +€75,390
up €75,390, from -€26,861 to €48,528
- Taxes +€5,297
up €5,297 (+2814.6%), from €188 to €5,485
- Depreciation -€2,079
down €2,079 (-30.4%), from €6,850 to €4,771
- Other operating charges +€949
up €949 (+162.7%), from €583 to €1,531
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 | €151,817 | €196,614 | +€44,797 | +29.5% |
| Fixed assets | 21/28 | €4,647 | €6,743 | +€2,096 | +45.1% |
| Tangible fixed assets | 22/27 | €4,647 | €6,743 | +€2,096 | +45.1% |
| Furniture and vehicles | 24 | €3,924 | €1,656 | -€2,267 | -57.8% |
| Other tangible fixed assets | 26 | €723 | €5,086 | +€4,364 | +603.8% |
| Current assets | 29/58 | €147,171 | €189,871 | +€42,700 | +29.0% |
| Amounts receivable within one year | 40/41 | €6,635 | €13,180 | +€6,545 | +98.7% |
| Trade receivables | 40 | €6,634 | €13,050 | +€6,416 | +96.7% |
| Other amounts receivable | 41 | €1 | €130 | +€129 | +14679.5% |
| Current investments | 50/53 | - | €65,891 | +€65,891 | |
| Cash at bank and in hand | 54/58 | €139,161 | €109,630 | -€29,531 | -21.2% |
| Deferred charges and accrued income | 490/1 | €1,375 | €1,170 | -€205 | -14.9% |
| Total equity and liabilities | 10/49 | €151,817 | €196,614 | +€44,797 | +29.5% |
| Equity | 10/15 | €126,576 | €162,117 | +€35,541 | +28.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €114,133 | €149,673 | +€35,541 | +31.1% |
| Distributable reserves | 133 | €114,133 | €149,673 | +€35,541 | +31.1% |
| Profit (loss) carried forward | 14 | €43 | €43 | = | 0.0% |
| Amounts payable | 17/49 | €25,241 | €34,497 | +€9,256 | +36.7% |
| Amounts payable within one year | 42/48 | €25,101 | €31,646 | +€6,545 | +26.1% |
| Trade debts | 44 | €3,490 | €1,138 | -€2,352 | -67.4% |
| Suppliers | 440/4 | €3,490 | €1,138 | -€2,352 | -67.4% |
| Taxes, remuneration and social security | 45 | €3,009 | €4,472 | +€1,463 | +48.6% |
| Taxes | 450/3 | €3,009 | €4,472 | +€1,463 | +48.6% |
| Other amounts payable | 47/48 | €18,601 | €26,036 | +€7,434 | +40.0% |
| Accrued charges and deferred income | 492/3 | €141 | €2,851 | +€2,711 | +1929.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,850 | €4,771 | -€2,079 | -30.4% |
| Other operating charges | 640/8 | €583 | €1,531 | +€949 | +162.7% |
| Gross operating margin | 9900 | -€26,861 | €48,528 | +€75,390 | |
| Operating profit (loss) | 9901 | -€34,294 | €42,226 | +€76,520 | |
| Financial income | 75/76B | €0 | €5 | +€5 | +49900.0% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +49900.0% |
| Financial charges | 65/66B | €925 | €1,206 | +€281 | +30.4% |
| Recurring financial charges | 65 | €925 | €1,206 | +€281 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | -€35,219 | €41,025 | +€76,244 | |
| Income taxes | 67/77 | €188 | €5,485 | +€5,297 | +2814.6% |
| Profit (loss) for the period | 9904 | -€35,407 | €35,541 | +€70,947 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,407 | €35,541 | +€70,947 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.