ELIXINE: 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.
What changed
ELIXINE
NACE 47.210, Retail sale of fruit and vegetables
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3,807
2024 · €2,712-€6,519
Equity
€1.5m
2024 · €1.5m-€3,807
Cash
€17,323
2024 · €2,196+€15,127
Balance sheet total
€1.8m
2024 · €1.9m-€112,727
Largest movements
Assets
- Tangible fixed assets -€111,454
down €111,454 (-6.0%), from €1.9m to €1.8m
of which Land and buildings: -€110,580
Equity and liabilities
- Debts after one year -€70,751
down €70,751 (-23.3%), from €304,150 to €233,400
- Other debts -€27,933
down €27,933 (-54.7%), from €51,058 to €23,124
Income statement
- Write-downs +€16,408
new in 2025: €16,408
- Other operating charges -€16,122
no longer reported in 2025 (was €16,122)
- Depreciation +€3,471
up €3,471 (+3.2%), from €107,984 to €111,454
- Gross operating margin -€1,851
down €1,851 (-1.3%), from €141,170 to €139,319
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.
Result 2024
€2,712
Gross operating margin
-€1,851
Staff costs
-€73
Depreciation
-€3,471
Write-downs
-€16,408
Other operating charges
+€16,122
Financial income
-€85
Financial charges
-€968
Taxes
+€213
Result 2025
-€3,807
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.
From operations
+€96,825
Investment
€0
Financing
-€81,698
Cash 2024
€2,196
From operations (derived)
+€96,825
Net result for the year
-€3,807
Depreciation
+€111,454
Stocks and contracts
+€15,811
Receivables within one year
-€840
Deferred charges and accrued income
+€1,429
Trade debts
+€1,899
Tax, wage and social debts
-€1,187
Other debts
-€27,933
Financing
-€81,698
Debts after one year
-€70,751
Current portion of long-term debt
-€10,948
Cash 2025
€17,323
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,914,786 | €1,802,059 | -€112,727 | -5.9% |
| Fixed assets | 21/28 | €1,863,179 | €1,751,725 | -€111,454 | -6.0% |
| Tangible fixed assets | 22/27 | €1,863,179 | €1,751,725 | -€111,454 | -6.0% |
| Land and buildings | 22 | €1,862,114 | €1,751,534 | -€110,580 | -5.9% |
| Furniture and vehicles | 24 | €1,066 | €191 | -€874 | -82.0% |
| Current assets | 29/58 | €51,607 | €50,334 | -€1,273 | -2.5% |
| Stocks and contracts in progress | 3 | €43,388 | €27,577 | -€15,811 | -36.4% |
| Stocks | 30/36 | €43,388 | €27,577 | -€15,811 | -36.4% |
| Amounts receivable within one year | 40/41 | €1,662 | €2,502 | +€840 | +50.6% |
| Trade receivables | 40 | €1,662 | €1,203 | -€459 | -27.6% |
| Other amounts receivable | 41 | - | €1,299 | +€1,299 | |
| Cash at bank and in hand | 54/58 | €2,196 | €17,323 | +€15,127 | +688.9% |
| Deferred charges and accrued income | 490/1 | €4,362 | €2,932 | -€1,429 | -32.8% |
| Total equity and liabilities | 10/49 | €1,914,786 | €1,802,059 | -€112,727 | -5.9% |
| Equity | 10/15 | €1,466,102 | €1,462,295 | -€3,807 | -0.3% |
| Contributions | 10/11 | €1,562,000 | €1,562,000 | = | 0.0% |
| Capital | 10 | €1,562,000 | €1,562,000 | = | 0.0% |
| Issued capital | 100 | €1,562,000 | €1,562,000 | = | 0.0% |
| Reserves | 13 | €53,000 | €53,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €53,000 | €53,000 | = | 0.0% |
| Legal reserve | 130 | €53,000 | €53,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€148,898 | -€152,705 | -€3,807 | -2.6% |
| Amounts payable | 17/49 | €448,684 | €339,764 | -€108,920 | -24.3% |
| Amounts payable after more than one year | 17 | €304,150 | €233,400 | -€70,751 | -23.3% |
| Financial debts | 170/4 | €304,150 | €233,400 | -€70,751 | -23.3% |
| Amounts payable within one year | 42/48 | €144,534 | €106,364 | -€38,169 | -26.4% |
| Current portion of amounts payable after more than one year | 42 | €81,698 | €70,751 | -€10,948 | -13.4% |
| Trade debts | 44 | €10,590 | €12,490 | +€1,899 | +17.9% |
| Suppliers | 440/4 | €10,590 | €12,490 | +€1,899 | +17.9% |
| Taxes, remuneration and social security | 45 | €1,187 | - | -€1,187 | |
| Taxes | 450/3 | €1,187 | - | -€1,187 | |
| Other amounts payable | 47/48 | €51,058 | €23,124 | -€27,933 | -54.7% |
| Remuneration, social security and pensions | 62 | -€73 | - | +€73 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,984 | €111,454 | +€3,471 | +3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,408 | +€16,408 | |
| Other operating charges | 640/8 | €16,122 | - | -€16,122 | |
| Gross operating margin | 9900 | €141,170 | €139,319 | -€1,851 | -1.3% |
| Operating profit (loss) | 9901 | €17,137 | €11,457 | -€5,679 | -33.1% |
| Financial income | 75/76B | €85 | €0 | -€85 | -99.7% |
| Recurring financial income | 75 | €85 | €0 | -€85 | -99.7% |
| Financial charges | 65/66B | €14,297 | €15,265 | +€968 | +6.8% |
| Recurring financial charges | 65 | €14,297 | €15,265 | +€968 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €2,925 | -€3,807 | -€6,732 | |
| Income taxes | 67/77 | €213 | - | -€213 | |
| Profit (loss) for the period | 9904 | €2,712 | -€3,807 | -€6,519 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,712 | -€3,807 | -€6,519 |
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 5 October 2026 via checked.be.