ELVERIM: 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.
ELVERIM
Largest movements
- Tangible fixed assets -€22,419
down €22,419 (-1.2%), from €1.8m to €1.8m
of which Land and buildings: -€22,371
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€2,892
up €2,892 (+17.9%), from €16,186 to €19,079
- Other operating charges +€1,814
up €1,814 (+270%), from €673 to €2,487
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 | €1,826,771 | €1,806,192 | -€20,579 | -1.1% |
| Fixed assets | 21/28 | €1,824,894 | €1,802,475 | -€22,419 | -1.2% |
| Tangible fixed assets | 22/27 | €1,824,894 | €1,802,475 | -€22,419 | -1.2% |
| Land and buildings | 22 | €1,821,722 | €1,799,351 | -€22,371 | -1.2% |
| Plant, machinery and equipment | 23 | €3,124 | €3,124 | = | 0.0% |
| Furniture and vehicles | 24 | €48 | - | -€48 | |
| Current assets | 29/58 | €1,878 | €3,717 | +€1,839 | +98.0% |
| Cash at bank and in hand | 54/58 | €787 | €2,570 | +€1,783 | +227% |
| Deferred charges and accrued income | 490/1 | €1,091 | €1,147 | +€57 | +5.2% |
| Total equity and liabilities | 10/49 | €1,826,771 | €1,806,192 | -€20,579 | -1.1% |
| Equity | 10/15 | -€207,947 | -€214,831 | -€6,884 | -3.3% |
| 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 | €81,029 | €81,029 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,009 | €2,009 | = | 0.0% |
| Legal reserve | 130 | €2,009 | €2,009 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,218 | €4,218 | = | 0.0% |
| Distributable reserves | 133 | €74,802 | €74,802 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€350,977 | -€357,860 | -€6,884 | -2.0% |
| Amounts payable | 17/49 | €2,034,719 | €2,021,023 | -€13,696 | -0.7% |
| Amounts payable within one year | 42/48 | €2,034,719 | €2,021,023 | -€13,696 | -0.7% |
| Trade debts | 44 | €3,601 | €3,832 | +€231 | +6.4% |
| Suppliers | 440/4 | €3,601 | €3,832 | +€231 | +6.4% |
| Taxes, remuneration and social security | 45 | €854 | €904 | +€50 | +5.9% |
| Taxes | 450/3 | €854 | €904 | +€50 | +5.9% |
| Other amounts payable | 47/48 | €2,030,264 | €2,016,288 | -€13,976 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,385 | €22,419 | +€34 | +0.2% |
| Other operating charges | 640/8 | €673 | €2,487 | +€1,814 | +270% |
| Gross operating margin | 9900 | €16,186 | €19,079 | +€2,892 | +17.9% |
| Operating profit (loss) | 9901 | -€6,871 | -€5,827 | +€1,045 | +15.2% |
| Financial charges | 65/66B | €141 | €153 | +€13 | +9.1% |
| Recurring financial charges | 65 | €141 | €153 | +€13 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,012 | -€5,980 | +€1,032 | +14.7% |
| Income taxes | 67/77 | €854 | €904 | +€50 | +5.9% |
| Profit (loss) for the period | 9904 | -€7,866 | -€6,884 | +€982 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,866 | -€6,884 | +€982 | +12.5% |
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 15 October 2026 via checked.be.