Elivick: 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.
Elivick
Largest movements
- Cash +€114,223
up €114,223 (+84.3%), from €135,521 to €249,744
mainly Net result for the year (+€123,679) and Trade debts (+€67,551)
- Receivables within one year +€20,382
up €20,382 (+3.8%), from €530,209 to €550,592
of which Trade receivables: +€33,878
- Deferred charges and accrued income +€11,111
up €11,111 (+56.6%), from €19,634 to €30,745
- Trade debts +€67,551
up €67,551 (+24.6%), from €274,172 to €341,723
- Tax, wage and social debts +€58,276
up €58,276 (+44.2%), from €131,804 to €190,080
of which Taxes: +€37,047
- Other debts +€42,815
up €42,815 (+53.4%), from €80,230 to €123,046
- Debts after one year -€22,439
down €22,439 (-53.5%), from €41,904 to €19,465
- Gross operating margin +€87,640
up €87,640 (+7.5%), from €1.2m to €1.3m
- Taxes +€32,331
up €32,331 (+17,394%), from €186 to €32,517
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €916,851 | €1,065,079 | +€148,227 | +16.2% |
| Fixed assets | 21/28 | €204,906 | €205,049 | +€143 | +0.1% |
| Tangible fixed assets | 22/27 | €204,311 | €204,454 | +€143 | +0.1% |
| Land and buildings | 22 | €8,464 | €11,683 | +€3,219 | +38.0% |
| Plant, machinery and equipment | 23 | €149,284 | €161,278 | +€11,994 | +8.0% |
| Furniture and vehicles | 24 | €46,563 | €31,493 | -€15,071 | -32.4% |
| Financial fixed assets | 28 | €595 | €595 | = | 0.0% |
| Current assets | 29/58 | €711,945 | €860,030 | +€148,084 | +20.8% |
| Stocks and contracts in progress | 3 | €26,581 | €28,949 | +€2,368 | +8.9% |
| Stocks | 30/36 | €26,581 | €28,949 | +€2,368 | +8.9% |
| Amounts receivable within one year | 40/41 | €530,209 | €550,592 | +€20,382 | +3.8% |
| Trade receivables | 40 | €9,340 | €43,218 | +€33,878 | +363% |
| Other amounts receivable | 41 | €520,870 | €507,374 | -€13,495 | -2.6% |
| Cash at bank and in hand | 54/58 | €135,521 | €249,744 | +€114,223 | +84.3% |
| Deferred charges and accrued income | 490/1 | €19,634 | €30,745 | +€11,111 | +56.6% |
| Total equity and liabilities | 10/49 | €916,851 | €1,065,079 | +€148,227 | +16.2% |
| Equity | 10/15 | €364,546 | €365,225 | +€679 | +0.2% |
| Contributions | 10/11 | €280,000 | €280,000 | = | 0.0% |
| Reserves | 13 | €28,000 | €28,000 | = | 0.0% |
| Distributable reserves | 133 | €28,000 | €28,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,546 | €57,225 | +€679 | +1.2% |
| Amounts payable | 17/49 | €552,306 | €699,854 | +€147,548 | +26.7% |
| Amounts payable after more than one year | 17 | €41,904 | €19,465 | -€22,439 | -53.5% |
| Financial debts | 170/4 | €41,904 | €19,465 | -€22,439 | -53.5% |
| Amounts payable within one year | 42/48 | €507,803 | €677,287 | +€169,484 | +33.4% |
| Current portion of amounts payable after more than one year | 42 | €21,597 | €22,439 | +€843 | +3.9% |
| Trade debts | 44 | €274,172 | €341,723 | +€67,551 | +24.6% |
| Suppliers | 440/4 | €274,172 | €341,723 | +€67,551 | +24.6% |
| Taxes, remuneration and social security | 45 | €131,804 | €190,080 | +€58,276 | +44.2% |
| Taxes | 450/3 | €3,579 | €40,625 | +€37,047 | +1,035% |
| Remuneration and social security | 454/9 | €128,225 | €149,454 | +€21,229 | +16.6% |
| Other amounts payable | 47/48 | €80,230 | €123,046 | +€42,815 | +53.4% |
| Accrued charges and deferred income | 492/3 | €2,599 | €3,102 | +€503 | +19.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,037,036 | €1,046,716 | +€9,680 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,857 | €57,917 | +€3,060 | +5.6% |
| Other operating charges | 640/8 | €13,569 | €15,533 | +€1,965 | +14.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,175,250 | €1,262,890 | +€87,640 | +7.5% |
| Operating profit (loss) | 9901 | €69,789 | €142,724 | +€72,935 | +105% |
| Financial income | 75/76B | €14,529 | €18,450 | +€3,920 | +27.0% |
| Recurring financial income | 75 | €14,529 | €18,450 | +€3,920 | +27.0% |
| Financial charges | 65/66B | €6,655 | €4,977 | -€1,678 | -25.2% |
| Recurring financial charges | 65 | €6,655 | €4,977 | -€1,678 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €77,663 | €156,196 | +€78,533 | +101% |
| Income taxes | 67/77 | €186 | €32,517 | +€32,331 | +17,394% |
| Profit (loss) for the period | 9904 | €77,477 | €123,679 | +€46,202 | +59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €77,477 | €123,679 | +€46,202 | +59.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.