Elivera: 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.
Elivera
Largest movements
- Cash +€67,390
up €67,390 (+106.5%), from €63,301 to €130,691
mainly Investment in fixed assets (net) (+€69,265) and Net result for the year (+€16,729)
- Tangible fixed assets -€55,006
down €55,006 (-94.0%), from €58,502 to €3,497
of which Plant, machinery and equipment: -€47,211
- Intangible fixed assets -€15,106
no longer reported in 2025 (was €15,106)
- Receivables within one year -€3,618
down €3,618 (-59.8%), from €6,048 to €2,430
of which Other amounts receivable: -€2,939
- Stocks and contracts -€3,301
no longer reported in 2025 (was €3,301)
- Other debts -€13,927
down €13,927 (-57.4%), from €24,275 to €10,348
- Debts after one year -€9,588
down €9,588 (-31.0%), from €30,972 to €21,384
- Accrued charges and deferred income -€9,584
no longer reported in 2025 (was €9,584)
- Profit (loss) carried forward +€9,456
new in 2025: €9,456
- Reserves +€7,273
up €7,273 (+11.3%), from €64,526 to €71,799
- Gross operating margin -€30,417
down €30,417 (-51.2%), from €59,440 to €29,022
- Depreciation -€11,421
down €11,421 (-80.0%), from €14,268 to €2,847
- Staff costs -€9,859
down €9,859 (-95.5%), from €10,325 to €465
- Financial charges -€3,227
down €3,227 (-75.9%), from €4,251 to €1,024
- Other operating charges -€1,440
down €1,440 (-63.5%), from €2,267 to €827
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 | €148,938 | €136,618 | -€12,320 | -8.3% |
| Fixed assets | 21/28 | €75,608 | €3,497 | -€72,111 | -95.4% |
| Intangible fixed assets | 21 | €15,106 | - | -€15,106 | |
| Tangible fixed assets | 22/27 | €58,502 | €3,497 | -€55,006 | -94.0% |
| Plant, machinery and equipment | 23 | €47,211 | - | -€47,211 | |
| Furniture and vehicles | 24 | €5,437 | €3,497 | -€1,941 | -35.7% |
| Other tangible fixed assets | 26 | €5,854 | - | -€5,854 | |
| Financial fixed assets | 28 | €2,000 | - | -€2,000 | |
| Current assets | 29/58 | €73,329 | €133,121 | +€59,792 | +81.5% |
| Stocks and contracts in progress | 3 | €3,301 | - | -€3,301 | |
| Stocks | 30/36 | €3,301 | - | -€3,301 | |
| Amounts receivable within one year | 40/41 | €6,048 | €2,430 | -€3,618 | -59.8% |
| Trade receivables | 40 | €888 | €208 | -€680 | -76.6% |
| Other amounts receivable | 41 | €5,161 | €2,222 | -€2,939 | -56.9% |
| Cash at bank and in hand | 54/58 | €63,301 | €130,691 | +€67,390 | +106.5% |
| Deferred charges and accrued income | 490/1 | €680 | - | -€680 | |
| Total equity and liabilities | 10/49 | €148,938 | €136,618 | -€12,320 | -8.3% |
| Equity | 10/15 | €70,726 | €87,455 | +€16,729 | +23.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €64,526 | €71,799 | +€7,273 | +11.3% |
| Distributable reserves | 133 | €64,526 | €71,799 | +€7,273 | +11.3% |
| Profit (loss) carried forward | 14 | - | €9,456 | +€9,456 | |
| Amounts payable | 17/49 | €78,212 | €49,163 | -€29,049 | -37.1% |
| Amounts payable after more than one year | 17 | €30,972 | €21,384 | -€9,588 | -31.0% |
| Financial debts | 170/4 | €30,972 | €21,384 | -€9,588 | -31.0% |
| Amounts payable within one year | 42/48 | €37,655 | €27,779 | -€9,876 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €9,885 | €9,588 | -€297 | -3.0% |
| Trade debts | 44 | €102 | €87 | -€16 | -15.6% |
| Suppliers | 440/4 | €102 | €87 | -€16 | -15.6% |
| Taxes, remuneration and social security | 45 | €3,393 | €7,756 | +€4,363 | +128.6% |
| Taxes | 450/3 | €1,593 | €7,756 | +€6,163 | +386.9% |
| Remuneration and social security | 454/9 | €1,800 | - | -€1,800 | |
| Other amounts payable | 47/48 | €24,275 | €10,348 | -€13,927 | -57.4% |
| Accrued charges and deferred income | 492/3 | €9,584 | - | -€9,584 | |
| Non-recurring operating income | 76A | - | €32,735 | +€32,735 | |
| Remuneration, social security and pensions | 62 | €10,325 | €465 | -€9,859 | -95.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,268 | €2,847 | -€11,421 | -80.0% |
| Other operating charges | 640/8 | €2,267 | €827 | -€1,440 | -63.5% |
| Gross operating margin | 9900 | €59,440 | €29,022 | -€30,417 | -51.2% |
| Operating profit (loss) | 9901 | €32,580 | €24,883 | -€7,696 | -23.6% |
| Financial income | 75/76B | €34 | €206 | +€172 | +505.4% |
| Recurring financial income | 75 | €34 | €206 | +€172 | +505.4% |
| Financial charges | 65/66B | €4,251 | €1,024 | -€3,227 | -75.9% |
| Recurring financial charges | 65 | €4,251 | €1,024 | -€3,227 | -75.9% |
| Profit (loss) for the period before taxes | 9903 | €28,363 | €24,065 | -€4,297 | -15.2% |
| Income taxes | 67/77 | €7,908 | €7,336 | -€572 | -7.2% |
| Profit (loss) for the period | 9904 | €20,455 | €16,729 | -€3,726 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,455 | €16,729 | -€3,726 | -18.2% |
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 7 October 2026 via checked.be.