ELVA SECURITY: 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.
ELVA SECURITY
Largest movements
- Cash -€13,531
down €13,531 (-40.0%), from €33,806 to €20,275
mainly Net result for the year (-€17,286) and Other debts (-€9,322)
- Receivables within one year -€10,117
down €10,117 (-10.8%), from €93,683 to €83,566
of which Trade receivables: -€10,819
- Tangible fixed assets -€6,831
down €6,831 (-72.6%), from €9,405 to €2,574
of which Furniture and vehicles: -€6,495
- Stocks and contracts -€2,000
down €2,000 (-100.0%), from €2,000 to €0
- Reserves -€17,286
down €17,286 (-18.4%), from €94,046 to €76,761
of which Distributable reserves: -€17,286
- Other debts -€9,322
down €9,322 (-85.4%), from €10,919 to €1,597
- Trade debts -€6,188
down €6,188 (-74.9%), from €8,257 to €2,069
- Gross operating margin -€19,502
down €19,502, from €11,188 to -€8,314
- Taxes -€1,791
down €1,791 (-85.0%), from €2,108 to €317
- Financial income -€820
down €820 (-100.0%), from €820 to €0
- Other operating charges +€526
up €526 (+59.6%), from €883 to €1,409
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,894 | €106,415 | -€32,479 | -23.4% |
| Fixed assets | 21/28 | €9,405 | €2,574 | -€6,831 | -72.6% |
| Tangible fixed assets | 22/27 | €9,405 | €2,574 | -€6,831 | -72.6% |
| Plant, machinery and equipment | 23 | €461 | €125 | -€336 | -72.9% |
| Furniture and vehicles | 24 | €8,944 | €2,449 | -€6,495 | -72.6% |
| Current assets | 29/58 | €129,489 | €103,841 | -€25,648 | -19.8% |
| Stocks and contracts in progress | 3 | €2,000 | €0 | -€2,000 | -100.0% |
| Stocks | 30/36 | €2,000 | €0 | -€2,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €93,683 | €83,566 | -€10,117 | -10.8% |
| Trade receivables | 40 | €93,121 | €82,301 | -€10,819 | -11.6% |
| Other amounts receivable | 41 | €563 | €1,265 | +€702 | +124.8% |
| Cash at bank and in hand | 54/58 | €33,806 | €20,275 | -€13,531 | -40.0% |
| Total equity and liabilities | 10/49 | €138,894 | €106,415 | -€32,479 | -23.4% |
| Equity | 10/15 | €117,609 | €100,324 | -€17,286 | -14.7% |
| Contributions | 10/11 | €23,563 | €23,563 | = | 0.0% |
| Reserves | 13 | €94,046 | €76,761 | -€17,286 | -18.4% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,100 | €3,100 | = | 0.0% |
| Distributable reserves | 133 | €90,946 | €73,661 | -€17,286 | -19.0% |
| Amounts payable | 17/49 | €21,284 | €6,091 | -€15,194 | -71.4% |
| Amounts payable within one year | 42/48 | €21,284 | €6,091 | -€15,194 | -71.4% |
| Trade debts | 44 | €8,257 | €2,069 | -€6,188 | -74.9% |
| Suppliers | 440/4 | €8,257 | €2,069 | -€6,188 | -74.9% |
| Taxes, remuneration and social security | 45 | €2,108 | €2,425 | +€317 | +15.0% |
| Taxes | 450/3 | €2,108 | €2,425 | +€317 | +15.0% |
| Other amounts payable | 47/48 | €10,919 | €1,597 | -€9,322 | -85.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,831 | €6,831 | = | 0.0% |
| Other operating charges | 640/8 | €883 | €1,409 | +€526 | +59.6% |
| Gross operating margin | 9900 | €11,188 | -€8,314 | -€19,502 | |
| Operating profit (loss) | 9901 | €3,474 | -€16,554 | -€20,028 | |
| Financial income | 75/76B | €820 | €0 | -€820 | -100.0% |
| Recurring financial income | 75 | €820 | €0 | -€820 | -100.0% |
| Financial charges | 65/66B | €329 | €415 | +€86 | +26.2% |
| Recurring financial charges | 65 | €329 | €415 | +€86 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | €3,965 | -€16,969 | -€20,934 | |
| Income taxes | 67/77 | €2,108 | €317 | -€1,791 | -85.0% |
| Profit (loss) for the period | 9904 | €1,857 | -€17,286 | -€19,143 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,857 | -€17,286 | -€19,143 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.