ELPIDA: 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.
ELPIDA
Largest movements
- Cash +€23,865
up €23,865 (+52.3%), from €45,660 to €69,525
mainly Other debts (+€37,344) and Depreciation (+€29,333)
- Receivables within one year +€8,857
up €8,857 (+74.8%), from €11,843 to €20,700
of which Trade receivables: +€9,593
- Tangible fixed assets -€7,073
down €7,073 (-4.0%), from €176,423 to €169,349
of which Plant, machinery and equipment: -€6,994
- Other debts +€37,344
up €37,344 (+85.9%), from €43,474 to €80,818
- Tax, wage and social debts -€34,382
down €34,382 (-57.6%), from €59,706 to €25,324
of which Remuneration and social security: -€33,650
- Trade debts +€9,080
up €9,080 (+14.8%), from €61,556 to €70,635
- Current portion of long-term debt +€8,968
up €8,968 (+61.2%), from €14,649 to €23,617
- Profit (loss) carried forward +€4,453
up €4,453 (+9.7%), from €45,875 to €50,328
- Gross operating margin -€111,700
down €111,700 (-24.3%), from €460,181 to €348,481
- Staff costs -€98,421
down €98,421 (-27.5%), from €358,349 to €259,928
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.
Derived cash bridge
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 | €240,720 | €266,183 | +€25,462 | +10.6% |
| Fixed assets | 21/28 | €176,923 | €169,849 | -€7,073 | -4.0% |
| Tangible fixed assets | 22/27 | €176,423 | €169,349 | -€7,073 | -4.0% |
| Plant, machinery and equipment | 23 | €26,592 | €19,598 | -€6,994 | -26.3% |
| Furniture and vehicles | 24 | €66,023 | €68,618 | +€2,595 | +3.9% |
| Other tangible fixed assets | 26 | €83,808 | €81,133 | -€2,674 | -3.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €63,797 | €96,333 | +€32,536 | +51.0% |
| Stocks and contracts in progress | 3 | €3,250 | €3,250 | = | 0.0% |
| Stocks | 30/36 | €3,250 | €3,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,843 | €20,700 | +€8,857 | +74.8% |
| Trade receivables | 40 | €10,102 | €19,694 | +€9,593 | +95.0% |
| Other amounts receivable | 41 | €1,741 | €1,006 | -€736 | -42.2% |
| Cash at bank and in hand | 54/58 | €45,660 | €69,525 | +€23,865 | +52.3% |
| Deferred charges and accrued income | 490/1 | €3,045 | €2,858 | -€187 | -6.1% |
| Total equity and liabilities | 10/49 | €240,720 | €266,183 | +€25,462 | +10.6% |
| Equity | 10/15 | €61,335 | €65,788 | +€4,453 | +7.3% |
| Contributions | 10/11 | €13,600 | €13,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,875 | €50,328 | +€4,453 | +9.7% |
| Amounts payable | 17/49 | €179,385 | €200,394 | +€21,009 | +11.7% |
| Amounts payable within one year | 42/48 | €179,385 | €200,394 | +€21,009 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €14,649 | €23,617 | +€8,968 | +61.2% |
| Trade debts | 44 | €61,556 | €70,635 | +€9,080 | +14.8% |
| Suppliers | 440/4 | €61,556 | €70,635 | +€9,080 | +14.8% |
| Taxes, remuneration and social security | 45 | €59,706 | €25,324 | -€34,382 | -57.6% |
| Taxes | 450/3 | €9,333 | €8,600 | -€732 | -7.8% |
| Remuneration and social security | 454/9 | €50,373 | €16,723 | -€33,650 | -66.8% |
| Other amounts payable | 47/48 | €43,474 | €80,818 | +€37,344 | +85.9% |
| Remuneration, social security and pensions | 62 | €358,349 | €259,928 | -€98,421 | -27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,130 | €29,333 | +€4,203 | +16.7% |
| Other operating charges | 640/8 | €46,776 | €50,272 | +€3,497 | +7.5% |
| Non-recurring operating charges | 66A | €6,964 | - | -€6,964 | |
| Gross operating margin | 9900 | €460,181 | €348,481 | -€111,700 | -24.3% |
| Operating profit (loss) | 9901 | €22,963 | €8,948 | -€14,015 | -61.0% |
| Financial income | 75/76B | €268 | €77 | -€191 | -71.4% |
| Recurring financial income | 75 | €268 | €77 | -€191 | -71.4% |
| Financial charges | 65/66B | €4,861 | €4,571 | -€289 | -6.0% |
| Recurring financial charges | 65 | €4,861 | €4,571 | -€289 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €18,370 | €4,453 | -€13,917 | -75.8% |
| Income taxes | 67/77 | €73 | - | -€73 | |
| Profit (loss) for the period | 9904 | €18,298 | €4,453 | -€13,844 | -75.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,298 | €4,453 | -€13,844 | -75.7% |
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 13 October 2026 via checked.be.