Elvas: 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.
Elvas
Largest movements
- Tangible fixed assets -€40,825
down €40,825 (-23.9%), from €170,758 to €129,933
of which Furniture and vehicles: -€47,435
- Receivables within one year -€39,388
down €39,388 (-75.5%), from €52,154 to €12,765
- Cash -€16,405
down €16,405 (-88.4%), from €18,552 to €2,147
mainly Debts after one year (-€45,256) and Net result for the year (-€32,192)
- Stocks and contracts -€4,000
no longer reported in 2025 (was €4,000)
- Debts after one year -€45,256
down €45,256 (-59.2%), from €76,498 to €31,242
- Profit (loss) carried forward -€32,192
down €32,192 (-25.4%), from -€126,815 to -€159,006
- Other debts -€25,255
down €25,255 (-17.4%), from €145,012 to €119,757
- Gross operating margin +€35,568
up €35,568, from -€11,717 to €23,852
- Financial income -€6,439
no longer reported in 2025 (was €6,439)
- Financial charges -€1,474
down €1,474 (-23.9%), from €6,175 to €4,701
- Depreciation +€1,290
up €1,290 (+2.7%), from €48,599 to €49,889
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 | €247,956 | €147,386 | -€100,571 | -40.6% |
| Fixed assets | 21/28 | €170,758 | €129,933 | -€40,825 | -23.9% |
| Tangible fixed assets | 22/27 | €170,758 | €129,933 | -€40,825 | -23.9% |
| Plant, machinery and equipment | 23 | €2,938 | €2,638 | -€300 | -10.2% |
| Furniture and vehicles | 24 | €167,820 | €120,385 | -€47,435 | -28.3% |
| Other tangible fixed assets | 26 | - | €6,910 | +€6,910 | |
| Current assets | 29/58 | €77,198 | €17,452 | -€59,746 | -77.4% |
| Stocks and contracts in progress | 3 | €4,000 | - | -€4,000 | |
| Stocks | 30/36 | €4,000 | - | -€4,000 | |
| Amounts receivable within one year | 40/41 | €52,154 | €12,765 | -€39,388 | -75.5% |
| Trade receivables | 40 | €52,154 | €12,765 | -€39,388 | -75.5% |
| Cash at bank and in hand | 54/58 | €18,552 | €2,147 | -€16,405 | -88.4% |
| Deferred charges and accrued income | 490/1 | €2,493 | €2,540 | +€47 | +1.9% |
| Total equity and liabilities | 10/49 | €247,956 | €147,386 | -€100,571 | -40.6% |
| Equity | 10/15 | -€26,815 | -€59,006 | -€32,192 | -120.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€126,815 | -€159,006 | -€32,192 | -25.4% |
| Amounts payable | 17/49 | €274,771 | €206,392 | -€68,379 | -24.9% |
| Amounts payable after more than one year | 17 | €76,498 | €31,242 | -€45,256 | -59.2% |
| Financial debts | 170/4 | €76,498 | €31,242 | -€45,256 | -59.2% |
| Amounts payable within one year | 42/48 | €197,841 | €174,870 | -€22,971 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €46,933 | €48,942 | +€2,010 | +4.3% |
| Trade debts | 44 | €1,944 | €3,690 | +€1,746 | +89.8% |
| Suppliers | 440/4 | €1,944 | €3,690 | +€1,746 | +89.8% |
| Taxes, remuneration and social security | 45 | €3,953 | €2,480 | -€1,472 | -37.2% |
| Taxes | 450/3 | €3,953 | €2,480 | -€1,472 | -37.2% |
| Other amounts payable | 47/48 | €145,012 | €119,757 | -€25,255 | -17.4% |
| Accrued charges and deferred income | 492/3 | €432 | €281 | -€151 | -35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,599 | €49,889 | +€1,290 | +2.7% |
| Other operating charges | 640/8 | €510 | €705 | +€195 | +38.2% |
| Gross operating margin | 9900 | -€11,717 | €23,852 | +€35,568 | |
| Operating profit (loss) | 9901 | -€60,825 | -€26,743 | +€34,083 | +56.0% |
| Financial income | 75/76B | €6,439 | - | -€6,439 | |
| Recurring financial income | 75 | €6,439 | - | -€6,439 | |
| Financial charges | 65/66B | €6,175 | €4,701 | -€1,474 | -23.9% |
| Recurring financial charges | 65 | €6,175 | €4,701 | -€1,474 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | -€60,561 | -€31,443 | +€29,118 | +48.1% |
| Income taxes | 67/77 | €763 | €749 | -€14 | -1.8% |
| Profit (loss) for the period | 9904 | -€61,324 | -€32,192 | +€29,132 | +47.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,324 | -€32,192 | +€29,132 | +47.5% |
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 3 October 2026 via checked.be.