ELPIDA: 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.
ELPIDA
Largest movements
- Tangible fixed assets -€36,128
down €36,128 (-11.8%), from €305,475 to €269,347
- Deferred charges and accrued income +€8,494
up €8,494 (+9.8%), from €86,884 to €95,378
- Other debts -€116,929
down €116,929 (-82.9%), from €141,019 to €24,090
- Trade debts +€86,093
up €86,093 (+179.1%), from €48,065 to €134,158
- Advances received -€48,293
down €48,293 (-54.8%), from €88,133 to €39,840
- Profit (loss) carried forward +€35,590
up €35,590 (+70.5%), from -€50,450 to -€14,860
- Tax, wage and social debts +€19,487
up €19,487 (+219.5%), from €8,880 to €28,366
- Gross operating margin +€59,836
up €59,836 (+128.4%), from €46,586 to €106,421
- Taxes +€11,878
up €11,878 (+238.0%), from €4,990 to €16,868
- Other operating charges -€3,579
down €3,579 (-30.8%), from €11,633 to €8,053
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 | €436,794 | €403,298 | -€33,496 | -7.7% |
| Fixed assets | 21/28 | €305,600 | €269,472 | -€36,128 | -11.8% |
| Tangible fixed assets | 22/27 | €305,475 | €269,347 | -€36,128 | -11.8% |
| Land and buildings | 22 | €164,880 | €154,734 | -€10,146 | -6.2% |
| Plant, machinery and equipment | 23 | €85,631 | €72,753 | -€12,878 | -15.0% |
| Furniture and vehicles | 24 | €54,964 | €41,860 | -€13,104 | -23.8% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €131,194 | €133,826 | +€2,632 | +2.0% |
| Amounts receivable within one year | 40/41 | €41,308 | €36,967 | -€4,341 | -10.5% |
| Trade receivables | 40 | - | €24,806 | +€24,806 | |
| Other amounts receivable | 41 | €41,308 | €12,161 | -€29,147 | -70.6% |
| Cash at bank and in hand | 54/58 | €3,001 | €1,480 | -€1,521 | -50.7% |
| Deferred charges and accrued income | 490/1 | €86,884 | €95,378 | +€8,494 | +9.8% |
| Total equity and liabilities | 10/49 | €436,794 | €403,298 | -€33,496 | -7.7% |
| Equity | 10/15 | €135,722 | €171,312 | +€35,590 | +26.2% |
| Contributions | 10/11 | €183,600 | €183,600 | = | 0.0% |
| Reserves | 13 | €2,572 | €2,572 | = | 0.0% |
| Distributable reserves | 133 | €2,572 | €2,572 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,450 | -€14,860 | +€35,590 | +70.5% |
| Amounts payable | 17/49 | €301,072 | €231,986 | -€69,086 | -22.9% |
| Amounts payable after more than one year | 17 | €2,597 | - | -€2,597 | |
| Financial debts | 170/4 | €2,597 | - | -€2,597 | |
| Amounts payable within one year | 42/48 | €298,475 | €231,986 | -€66,489 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | €12,378 | €5,531 | -€6,847 | -55.3% |
| Trade debts | 44 | €48,065 | €134,158 | +€86,093 | +179.1% |
| Suppliers | 440/4 | €48,065 | €134,158 | +€86,093 | +179.1% |
| Advances received on contracts in progress | 46 | €88,133 | €39,840 | -€48,293 | -54.8% |
| Taxes, remuneration and social security | 45 | €8,880 | €28,366 | +€19,487 | +219.5% |
| Taxes | 450/3 | €8,880 | €28,366 | +€19,487 | +219.5% |
| Other amounts payable | 47/48 | €141,019 | €24,090 | -€116,929 | -82.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,936 | €40,782 | +€846 | +2.1% |
| Other operating charges | 640/8 | €11,633 | €8,053 | -€3,579 | -30.8% |
| Non-recurring operating charges | 66A | - | €4,109 | +€4,109 | |
| Gross operating margin | 9900 | €46,586 | €106,421 | +€59,836 | +128.4% |
| Operating profit (loss) | 9901 | -€4,983 | €53,477 | +€58,460 | |
| Financial charges | 65/66B | €1,273 | €1,019 | -€254 | -19.9% |
| Recurring financial charges | 65 | €1,273 | €1,019 | -€254 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,256 | €52,458 | +€58,714 | |
| Income taxes | 67/77 | €4,990 | €16,868 | +€11,878 | +238.0% |
| Profit (loss) for the period | 9904 | -€11,246 | €35,590 | +€46,836 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,246 | €35,590 | +€46,836 |
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 6 October 2026 via checked.be.