ELPITOMA: 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.
ELPITOMA
Largest movements
- Tangible fixed assets +€68,172
up €68,172 (+18.7%), from €365,068 to €433,240
of which Furniture and vehicles: +€49,550
- Cash -€6,779
down €6,779 (-54.9%), from €12,340 to €5,561
mainly Investment in fixed assets (net) (-€104,570) and Other debts (-€69,463)
- Other debts -€69,463
down €69,463 (-80.4%), from €86,428 to €16,965
- Debts after one year +€68,463
new in 2025: €68,463
- Current portion of long-term debt +€42,192
up €42,192, from €0 to €42,192
- Reserves +€38,352
up €38,352 (+16.5%), from €233,072 to €271,424
of which Distributable reserves: +€38,352
- Tax, wage and social debts -€23,063
down €23,063 (-53.0%), from €43,530 to €20,467
- Gross operating margin -€16,924
down €16,924 (-14.4%), from €117,519 to €100,594
- Taxes -€9,906
down €9,906 (-30.5%), from €32,481 to €22,575
- Depreciation +€9,663
up €9,663 (+36.1%), from €26,734 to €36,397
- Other operating charges -€2,117
down €2,117 (-69.3%), from €3,056 to €939
- Financial charges +€1,636
up €1,636 (+197.2%), from €829 to €2,465
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 | €447,835 | €504,395 | +€56,560 | +12.6% |
| Fixed assets | 21/28 | €365,068 | €433,240 | +€68,172 | +18.7% |
| Tangible fixed assets | 22/27 | €365,068 | €433,240 | +€68,172 | +18.7% |
| Land and buildings | 22 | €359,282 | €378,412 | +€19,131 | +5.3% |
| Plant, machinery and equipment | 23 | €526 | €18 | -€509 | -96.7% |
| Furniture and vehicles | 24 | €5,260 | €54,810 | +€49,550 | +942.0% |
| Current assets | 29/58 | €82,768 | €71,155 | -€11,612 | -14.0% |
| Amounts receivable within one year | 40/41 | €41,171 | €37,253 | -€3,919 | -9.5% |
| Trade receivables | 40 | €41,082 | €36,942 | -€4,140 | -10.1% |
| Other amounts receivable | 41 | €89 | €310 | +€221 | +247.3% |
| Current investments | 50/53 | €27,000 | €27,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,340 | €5,561 | -€6,779 | -54.9% |
| Deferred charges and accrued income | 490/1 | €2,256 | €1,342 | -€914 | -40.5% |
| Total equity and liabilities | 10/49 | €447,835 | €504,395 | +€56,560 | +12.6% |
| Equity | 10/15 | €313,072 | €351,424 | +€38,352 | +12.3% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €233,072 | €271,424 | +€38,352 | +16.5% |
| Non-distributable reserves | 130/1 | €8,000 | €8,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €225,072 | €263,424 | +€38,352 | +17.0% |
| Amounts payable | 17/49 | €134,763 | €152,971 | +€18,208 | +13.5% |
| Amounts payable after more than one year | 17 | - | €68,463 | +€68,463 | |
| Financial debts | 170/4 | - | €68,463 | +€68,463 | |
| Amounts payable within one year | 42/48 | €134,763 | €84,508 | -€50,255 | -37.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | €42,192 | +€42,192 | |
| Financial debts | 43 | €8 | €592 | +€584 | +7548.4% |
| Credit institutions | 430/8 | €8 | €592 | +€584 | +7548.4% |
| Trade debts | 44 | €4,798 | €4,292 | -€506 | -10.5% |
| Suppliers | 440/4 | €4,798 | €4,292 | -€506 | -10.5% |
| Taxes, remuneration and social security | 45 | €43,530 | €20,467 | -€23,063 | -53.0% |
| Taxes | 450/3 | €43,530 | €20,467 | -€23,063 | -53.0% |
| Other amounts payable | 47/48 | €86,428 | €16,965 | -€69,463 | -80.4% |
| Non-recurring operating income | 76A | - | €13,494 | +€13,494 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,734 | €36,397 | +€9,663 | +36.1% |
| Other operating charges | 640/8 | €3,056 | €939 | -€2,117 | -69.3% |
| Gross operating margin | 9900 | €117,519 | €100,594 | -€16,924 | -14.4% |
| Operating profit (loss) | 9901 | €87,728 | €63,258 | -€24,471 | -27.9% |
| Financial income | 75/76B | €9 | €134 | +€125 | +1316.5% |
| Recurring financial income | 75 | €9 | €134 | +€125 | +1316.5% |
| Financial charges | 65/66B | €829 | €2,465 | +€1,636 | +197.2% |
| Recurring financial charges | 65 | €829 | €2,465 | +€1,636 | +197.2% |
| Profit (loss) for the period before taxes | 9903 | €86,908 | €60,927 | -€25,981 | -29.9% |
| Income taxes | 67/77 | €32,481 | €22,575 | -€9,906 | -30.5% |
| Profit (loss) for the period | 9904 | €54,427 | €38,352 | -€16,075 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,427 | €38,352 | -€16,075 | -29.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.