Elvebouw: 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.
Elvebouw
Largest movements
- Cash +€49,055
up €49,055 (+379%), from €12,936 to €61,991
mainly Net result for the year (+€91,210) and Depreciation (+€14,035)
- Receivables within one year +€30,941
up €30,941 (+86.2%), from €35,909 to €66,850
of which Trade receivables: +€42,321
- Tangible fixed assets -€14,035
down €14,035 (-24.3%), from €57,701 to €43,667
of which Furniture and vehicles: -€13,404
- Reserves +€91,210
up €91,210 (+102%), from €89,347 to €180,557
- Trade debts -€13,720
down €13,720 (-76.2%), from €18,000 to €4,280
- Other debts -€10,542
down €10,542 (-31.0%), from €33,966 to €23,424
- Gross operating margin +€43,408
up €43,408 (+42.8%), from €101,485 to €144,892
- Taxes +€20,108
up €20,108 (+107%), from €18,847 to €38,954
- Depreciation +€2,672
up €2,672 (+23.5%), from €11,362 to €14,035
- Financial charges -€2,480
down €2,480 (-97.0%), from €2,558 to €78
- Other operating charges -€1,913
down €1,913 (-75.7%), from €2,528 to €615
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 | €118,556 | €184,657 | +€66,101 | +55.8% |
| Fixed assets | 21/28 | €57,701 | €43,667 | -€14,035 | -24.3% |
| Tangible fixed assets | 22/27 | €57,701 | €43,667 | -€14,035 | -24.3% |
| Plant, machinery and equipment | 23 | €2,101 | €1,470 | -€631 | -30.0% |
| Furniture and vehicles | 24 | €55,601 | €42,197 | -€13,404 | -24.1% |
| Current assets | 29/58 | €60,854 | €140,990 | +€80,136 | +132% |
| Stocks and contracts in progress | 3 | €10,367 | €10,367 | = | 0.0% |
| Stocks | 30/36 | €10,367 | €10,367 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,909 | €66,850 | +€30,941 | +86.2% |
| Trade receivables | 40 | €11,247 | €53,568 | +€42,321 | +376% |
| Other amounts receivable | 41 | €24,662 | €13,282 | -€11,380 | -46.1% |
| Cash at bank and in hand | 54/58 | €12,936 | €61,991 | +€49,055 | +379% |
| Deferred charges and accrued income | 490/1 | €1,642 | €1,782 | +€140 | +8.6% |
| Total equity and liabilities | 10/49 | €118,556 | €184,657 | +€66,101 | +55.8% |
| Equity | 10/15 | €65,743 | €156,953 | +€91,210 | +139% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €89,347 | €180,557 | +€91,210 | +102% |
| Distributable reserves | 133 | €89,347 | €180,557 | +€91,210 | +102% |
| Profit (loss) carried forward | 14 | -€68,604 | -€68,604 | = | 0.0% |
| Amounts payable | 17/49 | €52,813 | €27,704 | -€25,109 | -47.5% |
| Amounts payable within one year | 42/48 | €52,813 | €27,704 | -€25,109 | -47.5% |
| Trade debts | 44 | €18,000 | €4,280 | -€13,720 | -76.2% |
| Suppliers | 440/4 | €18,000 | €4,280 | -€13,720 | -76.2% |
| Taxes, remuneration and social security | 45 | €847 | €0 | -€847 | -100% |
| Taxes | 450/3 | €847 | €0 | -€847 | -100% |
| Other amounts payable | 47/48 | €33,966 | €23,424 | -€10,542 | -31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,362 | €14,035 | +€2,672 | +23.5% |
| Other operating charges | 640/8 | €2,528 | €615 | -€1,913 | -75.7% |
| Gross operating margin | 9900 | €101,485 | €144,892 | +€43,408 | +42.8% |
| Operating profit (loss) | 9901 | €87,595 | €130,243 | +€42,648 | +48.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,558 | €78 | -€2,480 | -97.0% |
| Recurring financial charges | 65 | €2,558 | €78 | -€2,480 | -97.0% |
| Profit (loss) for the period before taxes | 9903 | €85,037 | €130,165 | +€45,128 | +53.1% |
| Income taxes | 67/77 | €18,847 | €38,954 | +€20,108 | +107% |
| Profit (loss) for the period | 9904 | €66,190 | €91,210 | +€25,020 | +37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €66,190 | €91,210 | +€25,020 | +37.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.