ELVEBE: 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.
ELVEBE
Largest movements
- Cash -€15,279
down €15,279 (-98.9%), from €15,446 to €168
mainly Other debts (-€14,321) and Net result for the year (-€3,806)
- Receivables within one year -€486
no longer reported in 2025 (was €486)
- Other debts -€14,321
down €14,321 (-5.0%), from €284,323 to €270,002
- Profit (loss) carried forward -€3,806
down €3,806 (-0.8%), from -€473,203 to -€477,009
- Short-term financial debts +€3,457
up €3,457 (+56.3%), from €6,143 to €9,600
- Trade debts -€979
no longer reported in 2025 (was €979)
- Financial income -€14,959
no longer reported in 2025 (was €14,959)
- Gross operating margin -€1,241
down €1,241 (-119319.2%), from -€1 to -€1,242
- Financial charges -€828
down €828 (-32.3%), from €2,560 to €1,733
- Other operating charges -€113
down €113 (-13.9%), from €812 to €700
- Taxes -€28
down €28 (-17.4%), from €160 to €132
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 | €15,932 | €168 | -€15,764 | -98.9% |
| Current assets | 29/58 | €15,932 | €168 | -€15,764 | -98.9% |
| Amounts receivable within one year | 40/41 | €486 | - | -€486 | |
| Other amounts receivable | 41 | €486 | - | -€486 | |
| Cash at bank and in hand | 54/58 | €15,446 | €168 | -€15,279 | -98.9% |
| Total equity and liabilities | 10/49 | €15,932 | €168 | -€15,764 | -98.9% |
| Equity | 10/15 | -€276,920 | -€280,726 | -€3,806 | -1.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €134,283 | €134,283 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,899 | €11,899 | = | 0.0% |
| Distributable reserves | 133 | €116,184 | €116,184 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€473,203 | -€477,009 | -€3,806 | -0.8% |
| Amounts payable | 17/49 | €292,852 | €280,894 | -€11,958 | -4.1% |
| Amounts payable within one year | 42/48 | €291,852 | €279,894 | -€11,958 | -4.1% |
| Financial debts | 43 | €6,143 | €9,600 | +€3,457 | +56.3% |
| Credit institutions | 430/8 | €6,143 | €9,600 | +€3,457 | +56.3% |
| Trade debts | 44 | €979 | - | -€979 | |
| Suppliers | 440/4 | €979 | - | -€979 | |
| Taxes, remuneration and social security | 45 | €407 | €292 | -€115 | -28.2% |
| Taxes | 450/3 | €407 | €292 | -€115 | -28.2% |
| Other amounts payable | 47/48 | €284,323 | €270,002 | -€14,321 | -5.0% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Other operating charges | 640/8 | €812 | €700 | -€113 | -13.9% |
| Gross operating margin | 9900 | -€1 | -€1,242 | -€1,241 | -119319.2% |
| Operating profit (loss) | 9901 | -€814 | -€1,942 | -€1,128 | -138.7% |
| Financial income | 75/76B | €14,959 | - | -€14,959 | |
| Recurring financial income | 75 | €14,959 | - | -€14,959 | |
| Financial charges | 65/66B | €2,560 | €1,733 | -€828 | -32.3% |
| Recurring financial charges | 65 | €2,560 | €1,733 | -€828 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €11,585 | -€3,674 | -€15,259 | |
| Income taxes | 67/77 | €160 | €132 | -€28 | -17.4% |
| Profit (loss) for the period | 9904 | €11,425 | -€3,806 | -€15,232 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,425 | -€3,806 | -€15,232 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.