ELLEVE: 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.
ELLEVE
Largest movements
- Tangible fixed assets -€6,282
down €6,282 (-3.0%), from €209,297 to €203,015
- Debts after one year -€7,740
down €7,740 (-27.2%), from €28,445 to €20,705
- Other debts +€6,338
up €6,338 (+19.9%), from €31,908 to €38,246
- Reserves -€4,868
down €4,868 (-19.2%), from €25,376 to €20,508
of which Distributable reserves: -€4,868
- Gross operating margin +€5,203
up €5,203 (+61.8%), from €8,425 to €13,628
- Other operating charges +€1,247
up €1,247 (+12.9%), from €9,698 to €10,945
- Depreciation +€923
up €923 (+17.2%), from €5,360 to €6,282
- Financial charges +€372
up €372 (+12.4%), from €2,993 to €3,365
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 | €209,598 | €203,300 | -€6,298 | -3.0% |
| Fixed assets | 21/28 | €209,297 | €203,015 | -€6,282 | -3.0% |
| Tangible fixed assets | 22/27 | €209,297 | €203,015 | -€6,282 | -3.0% |
| Land and buildings | 22 | €209,297 | €203,015 | -€6,282 | -3.0% |
| Current assets | 29/58 | €301 | €285 | -€16 | -5.2% |
| Cash at bank and in hand | 54/58 | €301 | €285 | -€16 | -5.2% |
| Total equity and liabilities | 10/49 | €209,598 | €203,300 | -€6,298 | -3.0% |
| Equity | 10/15 | €125,376 | €118,413 | -€6,963 | -5.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €25,376 | €20,508 | -€4,868 | -19.2% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €15,376 | €10,508 | -€4,868 | -31.7% |
| Profit (loss) carried forward | 14 | - | -€2,095 | -€2,095 | |
| Amounts payable | 17/49 | €84,222 | €84,887 | +€665 | +0.8% |
| Amounts payable after more than one year | 17 | €28,445 | €20,705 | -€7,740 | -27.2% |
| Financial debts | 170/4 | €28,445 | €20,705 | -€7,740 | -27.2% |
| Amounts payable within one year | 42/48 | €55,777 | €64,182 | +€8,405 | +15.1% |
| Current portion of amounts payable after more than one year | 42 | €7,301 | €7,740 | +€439 | +6.0% |
| Trade debts | 44 | €16,568 | €18,196 | +€1,627 | +9.8% |
| Suppliers | 440/4 | €16,568 | €18,196 | +€1,627 | +9.8% |
| Other amounts payable | 47/48 | €31,908 | €38,246 | +€6,338 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,360 | €6,282 | +€923 | +17.2% |
| Other operating charges | 640/8 | €9,698 | €10,945 | +€1,247 | +12.9% |
| Gross operating margin | 9900 | €8,425 | €13,628 | +€5,203 | +61.8% |
| Operating profit (loss) | 9901 | -€6,632 | -€3,598 | +€3,034 | +45.7% |
| Financial charges | 65/66B | €2,993 | €3,365 | +€372 | +12.4% |
| Recurring financial charges | 65 | €2,993 | €3,365 | +€372 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,625 | -€6,963 | +€2,662 | +27.7% |
| Profit (loss) for the period | 9904 | -€9,625 | -€6,963 | +€2,662 | +27.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,625 | -€6,963 | +€2,662 | +27.7% |
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 5 October 2026 via checked.be.