eLVeCon: 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.
eLVeCon
Largest movements
- Cash -€24,186
down €24,186 (-19.0%), from €127,573 to €103,387
mainly Receivables within one year (-€13,099) and Net result for the year (-€5,855)
- Receivables within one year +€13,099
up €13,099 (+82.6%), from €15,857 to €28,956
of which Other amounts receivable: +€14,185
- Profit (loss) carried forward -€5,855
down €5,855 (-678.3%), from -€863 to -€6,718
- Tax, wage and social debts -€3,611
down €3,611 (-76.7%), from €4,708 to €1,098
- Gross operating margin -€3,503
down €3,503, from €433 to -€3,070
- Other operating charges -€270
down €270 (-12.6%), from €2,136 to €1,867
- Staff costs +€240
up €240 (+1208.6%), from €20 to €260
- Financial income +€233
up €233 (+1316.3%), from €18 to €250
- Taxes +€194
up €194 (+147.8%), from €132 to €326
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 | €148,354 | €137,465 | -€10,889 | -7.3% |
| Fixed assets | 21/28 | €3,088 | €2,750 | -€338 | -10.9% |
| Tangible fixed assets | 22/27 | €3,088 | €2,750 | -€338 | -10.9% |
| Furniture and vehicles | 24 | €3,088 | €2,750 | -€338 | -10.9% |
| Current assets | 29/58 | €145,266 | €134,715 | -€10,551 | -7.3% |
| Amounts receivable within one year | 40/41 | €15,857 | €28,956 | +€13,099 | +82.6% |
| Trade receivables | 40 | €11,592 | €10,506 | -€1,086 | -9.4% |
| Other amounts receivable | 41 | €4,265 | €18,449 | +€14,185 | +332.6% |
| Cash at bank and in hand | 54/58 | €127,573 | €103,387 | -€24,186 | -19.0% |
| Deferred charges and accrued income | 490/1 | €1,836 | €2,372 | +€536 | +29.2% |
| Total equity and liabilities | 10/49 | €148,354 | €137,465 | -€10,889 | -7.3% |
| Equity | 10/15 | €139,660 | €133,805 | -€5,855 | -4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €121,923 | €121,923 | = | 0.0% |
| Non-distributable reserves | 130/1 | €121,923 | €121,923 | = | 0.0% |
| Reserves not available under the articles | 1311 | €121,923 | €121,923 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€863 | -€6,718 | -€5,855 | -678.3% |
| Amounts payable | 17/49 | €8,694 | €3,660 | -€5,034 | -57.9% |
| Amounts payable within one year | 42/48 | €8,694 | €3,660 | -€5,034 | -57.9% |
| Trade debts | 44 | €2,829 | €2,562 | -€267 | -9.4% |
| Suppliers | 440/4 | €2,829 | €2,562 | -€267 | -9.4% |
| Taxes, remuneration and social security | 45 | €4,708 | €1,098 | -€3,611 | -76.7% |
| Taxes | 450/3 | €4,708 | €1,098 | -€3,611 | -76.7% |
| Other amounts payable | 47/48 | €1,157 | - | -€1,157 | |
| Remuneration, social security and pensions | 62 | €20 | €260 | +€240 | +1208.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €338 | €338 | = | 0.0% |
| Other operating charges | 640/8 | €2,136 | €1,867 | -€270 | -12.6% |
| Gross operating margin | 9900 | €433 | -€3,070 | -€3,503 | |
| Operating profit (loss) | 9901 | -€2,062 | -€5,535 | -€3,473 | -168.5% |
| Financial income | 75/76B | €18 | €250 | +€233 | +1316.3% |
| Recurring financial income | 75 | €18 | €250 | +€233 | +1316.3% |
| Financial charges | 65/66B | €166 | €244 | +€78 | +47.2% |
| Recurring financial charges | 65 | €166 | €244 | +€78 | +47.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,210 | -€5,529 | -€3,319 | -150.2% |
| Income taxes | 67/77 | €132 | €326 | +€194 | +147.8% |
| Profit (loss) for the period | 9904 | -€2,341 | -€5,855 | -€3,513 | -150.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,341 | -€5,855 | -€3,513 | -150.1% |
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 29 September 2026 via checked.be.