ELVIMA: 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.
ELVIMA
Largest movements
- Receivables within one year +€23,956
up €23,956 (+16.4%), from €146,083 to €170,039
of which Other amounts receivable: +€23,956
- Trade debts +€11,159
up €11,159, from €0 to €11,159
- Reserves +€9,000
up €9,000 (+8.6%), from €104,059 to €113,059
of which Distributable reserves: +€9,000
- Tax, wage and social debts +€3,250
up €3,250 (+50.6%), from €6,425 to €9,675
- Gross operating margin -€11,325
down €11,325 (-46.7%), from €24,274 to €12,949
- Taxes -€9,355
down €9,355 (-74.2%), from €12,605 to €3,250
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 | €148,817 | €172,233 | +€23,416 | +15.7% |
| Fixed assets | 21/28 | €1,153 | €633 | -€520 | -45.1% |
| Tangible fixed assets | 22/27 | €1,153 | €633 | -€520 | -45.1% |
| Plant, machinery and equipment | 23 | €1,153 | €633 | -€520 | -45.1% |
| Current assets | 29/58 | €147,664 | €171,600 | +€23,936 | +16.2% |
| Amounts receivable within one year | 40/41 | €146,083 | €170,039 | +€23,956 | +16.4% |
| Trade receivables | 40 | €20,867 | €20,867 | = | 0.0% |
| Other amounts receivable | 41 | €125,217 | €149,172 | +€23,956 | +19.1% |
| Current investments | 50/53 | €66 | €54 | -€12 | -17.8% |
| Cash at bank and in hand | 54/58 | €1,514 | €1,506 | -€8 | -0.5% |
| Total equity and liabilities | 10/49 | €148,817 | €172,233 | +€23,416 | +15.7% |
| Equity | 10/15 | €142,391 | €151,398 | +€9,007 | +6.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €104,059 | €113,059 | +€9,000 | +8.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €102,200 | €111,200 | +€9,000 | +8.8% |
| Profit (loss) carried forward | 14 | €32,135 | €32,142 | +€7 | 0.0% |
| Amounts payable | 17/49 | €6,425 | €20,834 | +€14,409 | +224% |
| Amounts payable within one year | 42/48 | €6,425 | €20,834 | +€14,409 | +224% |
| Trade debts | 44 | €0 | €11,159 | +€11,159 | |
| Suppliers | 440/4 | €0 | €11,159 | +€11,159 | |
| Taxes, remuneration and social security | 45 | €6,425 | €9,675 | +€3,250 | +50.6% |
| Taxes | 450/3 | €6,425 | €9,675 | +€3,250 | +50.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €520 | €520 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €24,274 | €12,949 | -€11,325 | -46.7% |
| Operating profit (loss) | 9901 | €23,636 | €12,309 | -€11,327 | -47.9% |
| Financial charges | 65/66B | €57 | €52 | -€5 | -8.7% |
| Recurring financial charges | 65 | €57 | €52 | -€5 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €23,579 | €12,257 | -€11,322 | -48.0% |
| Income taxes | 67/77 | €12,605 | €3,250 | -€9,355 | -74.2% |
| Profit (loss) for the period | 9904 | €10,974 | €9,007 | -€1,967 | -17.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,974 | €9,007 | -€1,967 | -17.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.