ELVIRIA: 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.
ELVIRIA
Largest movements
- Receivables within one year -€118,533
down €118,533 (-76.3%), from €155,339 to €36,807
of which Other amounts receivable: -€117,805
- Intangible fixed assets -€19,800
down €19,800 (-24.6%), from €80,552 to €60,752
- Tangible fixed assets -€4,029
down €4,029 (-22.9%), from €17,600 to €13,572
- Other debts -€143,650
down €143,650 (-49.2%), from €292,000 to €148,350
- Gross operating margin +€38,769
up €38,769, from -€14,024 to €24,745
- Depreciation +€2,838
up €2,838 (+13.5%), from €20,990 to €23,829
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 | €266,253 | €123,152 | -€143,101 | -53.7% |
| Fixed assets | 21/28 | €105,153 | €81,324 | -€23,829 | -22.7% |
| Intangible fixed assets | 21 | €80,552 | €60,752 | -€19,800 | -24.6% |
| Tangible fixed assets | 22/27 | €17,600 | €13,572 | -€4,029 | -22.9% |
| Furniture and vehicles | 24 | €17,600 | €13,572 | -€4,029 | -22.9% |
| Financial fixed assets | 28 | €7,000 | €7,000 | = | 0.0% |
| Current assets | 29/58 | €161,100 | €41,828 | -€119,273 | -74.0% |
| Amounts receivable within one year | 40/41 | €155,339 | €36,807 | -€118,533 | -76.3% |
| Trade receivables | 40 | €15,005 | €14,277 | -€728 | -4.9% |
| Other amounts receivable | 41 | €140,334 | €22,530 | -€117,805 | -83.9% |
| Cash at bank and in hand | 54/58 | €5,761 | €5,021 | -€740 | -12.8% |
| Total equity and liabilities | 10/49 | €266,253 | €123,152 | -€143,101 | -53.7% |
| Equity | 10/15 | -€30,746 | -€30,540 | +€206 | +0.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,746 | -€35,540 | +€206 | +0.6% |
| Amounts payable | 17/49 | €296,999 | €153,692 | -€143,307 | -48.3% |
| Amounts payable within one year | 42/48 | €296,999 | €153,692 | -€143,307 | -48.3% |
| Trade debts | 44 | €4,999 | €4,757 | -€242 | -4.8% |
| Suppliers | 440/4 | €4,999 | €4,757 | -€242 | -4.8% |
| Taxes, remuneration and social security | 45 | - | €585 | +€585 | |
| Taxes | 450/3 | - | €585 | +€585 | |
| Other amounts payable | 47/48 | €292,000 | €148,350 | -€143,650 | -49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,990 | €23,829 | +€2,838 | +13.5% |
| Other operating charges | 640/8 | €626 | €593 | -€33 | -5.3% |
| Gross operating margin | 9900 | -€14,024 | €24,745 | +€38,769 | |
| Operating profit (loss) | 9901 | -€35,640 | €323 | +€35,963 | |
| Financial charges | 65/66B | €105 | €117 | +€12 | +11.4% |
| Recurring financial charges | 65 | €105 | €117 | +€12 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | -€35,746 | €206 | +€35,951 | |
| Profit (loss) for the period | 9904 | -€35,746 | €206 | +€35,951 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,746 | €206 | +€35,951 |
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 11 October 2026 via checked.be.