ELPIS VOM: 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.
ELPIS VOM
Largest movements
- Cash -€2,960
down €2,960 (-97.8%), from €3,027 to €67
mainly Receivables within one year (-€1,954) and Investment in fixed assets (net) (-€1,099)
- Receivables within one year +€1,954
up €1,954 (+64.0%), from €3,052 to €5,006
- Tangible fixed assets -€548
down €548 (-23.1%), from €2,370 to €1,822
of which Plant, machinery and equipment: -€814
- Other debts -€932
down €932 (-68.2%), from €1,366 to €435
- Profit (loss) carried forward -€647
down €647 (-12.2%), from €5,308 to €4,661
- Gross operating margin -€5,965
down €5,965 (-64.3%), from €9,276 to €3,310
- Taxes -€866
down €866 (-45.3%), from €1,913 to €1,046
- Other operating charges +€671
up €671 (+212%), from €317 to €988
- Depreciation +€157
up €157 (+10.6%), from €1,490 to €1,647
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 | €38,283 | €36,787 | -€1,496 | -3.9% |
| Fixed assets | 21/28 | €2,370 | €1,822 | -€548 | -23.1% |
| Tangible fixed assets | 22/27 | €2,370 | €1,822 | -€548 | -23.1% |
| Land and buildings | 22 | €1,556 | €1,089 | -€466 | -30.0% |
| Plant, machinery and equipment | 23 | €814 | - | -€814 | |
| Furniture and vehicles | 24 | - | €733 | +€733 | |
| Current assets | 29/58 | €35,913 | €34,965 | -€948 | -2.6% |
| Amounts receivable after more than one year | 29 | €29,834 | €29,834 | = | 0.0% |
| Other amounts receivable | 291 | €29,834 | €29,834 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,052 | €5,006 | +€1,954 | +64.0% |
| Other amounts receivable | 41 | €3,052 | €5,006 | +€1,954 | +64.0% |
| Cash at bank and in hand | 54/58 | €3,027 | €67 | -€2,960 | -97.8% |
| Deferred charges and accrued income | 490/1 | - | €58 | +€58 | |
| Total equity and liabilities | 10/49 | €38,283 | €36,787 | -€1,496 | -3.9% |
| Equity | 10/15 | €34,504 | €33,856 | -€647 | -1.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €24,195 | €24,195 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €23,695 | €23,695 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,308 | €4,661 | -€647 | -12.2% |
| Amounts payable | 17/49 | €3,780 | €2,931 | -€849 | -22.5% |
| Amounts payable within one year | 42/48 | €3,780 | €2,931 | -€849 | -22.5% |
| Trade debts | 44 | €2,113 | €2,496 | +€383 | +18.1% |
| Suppliers | 440/4 | €2,113 | €2,496 | +€383 | +18.1% |
| Taxes, remuneration and social security | 45 | €300 | - | -€300 | |
| Taxes | 450/3 | €300 | - | -€300 | |
| Other amounts payable | 47/48 | €1,366 | €435 | -€932 | -68.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,490 | €1,647 | +€157 | +10.6% |
| Other operating charges | 640/8 | €317 | €988 | +€671 | +212% |
| Gross operating margin | 9900 | €9,276 | €3,310 | -€5,965 | -64.3% |
| Operating profit (loss) | 9901 | €7,469 | €675 | -€6,794 | -91.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €248 | €276 | +€28 | +11.3% |
| Recurring financial charges | 65 | €248 | €276 | +€28 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €7,221 | €399 | -€6,822 | -94.5% |
| Income taxes | 67/77 | €1,913 | €1,046 | -€866 | -45.3% |
| Profit (loss) for the period | 9904 | €5,308 | -€647 | -€5,956 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,308 | -€647 | -€5,956 |
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 24 October 2026 via checked.be.