ELVIT GROUP: 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.
ELVIT GROUP
Largest movements
- Receivables within one year +€127,335
up €127,335 (+80.3%), from €158,662 to €285,997
of which Trade receivables: +€92,875
- Tangible fixed assets -€17,540
down €17,540 (-34.0%), from €51,630 to €34,090
- Trade debts +€59,081
up €59,081 (+233%), from €25,364 to €84,445
of which Suppliers: +€55,514
- Profit (loss) carried forward +€25,094
up €25,094 (+15.7%), from €160,120 to €185,214
- Other debts +€20,363
new in 2025: €20,363
- Tax, wage and social debts +€7,789
up €7,789 (+28.3%), from €27,500 to €35,289
- Turnover -€131,697
no longer reported in 2025 (was €131,697)
- Purchases and services -€111,783
no longer reported in 2025 (was €111,783)
- Gross operating margin +€59,339
up €59,339 (+298%), from €19,914 to €79,253
- Depreciation +€17,540
new in 2025: €17,540
- Taxes +€4,698
up €4,698 (+74.1%), from €6,341 to €11,039
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 | €213,484 | €325,811 | +€112,327 | +52.6% |
| Fixed assets | 21/28 | €51,765 | €34,225 | -€17,540 | -33.9% |
| Tangible fixed assets | 22/27 | €51,630 | €34,090 | -€17,540 | -34.0% |
| Furniture and vehicles | 24 | €51,630 | €34,090 | -€17,540 | -34.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €161,719 | €291,586 | +€129,867 | +80.3% |
| Amounts receivable within one year | 40/41 | €158,662 | €285,997 | +€127,335 | +80.3% |
| Trade receivables | 40 | €138,484 | €231,359 | +€92,875 | +67.1% |
| Other amounts receivable | 41 | €20,178 | €54,638 | +€34,460 | +171% |
| Cash at bank and in hand | 54/58 | €3,057 | €5,589 | +€2,532 | +82.8% |
| Total equity and liabilities | 10/49 | €213,484 | €325,811 | +€112,327 | +52.6% |
| Equity | 10/15 | €160,620 | €185,714 | +€25,094 | +15.6% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €160,120 | €185,214 | +€25,094 | +15.7% |
| Amounts payable | 17/49 | €52,864 | €140,097 | +€87,234 | +165% |
| Amounts payable within one year | 42/48 | €52,864 | €140,097 | +€87,234 | +165% |
| Trade debts | 44 | €25,364 | €84,445 | +€59,081 | +233% |
| Suppliers | 440/4 | €23,153 | €78,667 | +€55,514 | +240% |
| Bills of exchange payable | 441 | €2,211 | €5,779 | +€3,568 | +161% |
| Taxes, remuneration and social security | 45 | €27,500 | €35,289 | +€7,789 | +28.3% |
| Taxes | 450/3 | €27,500 | €35,289 | +€7,789 | +28.3% |
| Other amounts payable | 47/48 | - | €20,363 | +€20,363 | |
| Turnover | 70 | €131,697 | - | -€131,697 | |
| Goods, raw materials, services and sundry goods | 60/61 | €111,783 | - | -€111,783 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €17,540 | +€17,540 | |
| Other operating charges | 640/8 | €2,163 | €5,588 | +€3,425 | +158% |
| Gross operating margin | 9900 | €19,914 | €79,253 | +€59,339 | +298% |
| Operating profit (loss) | 9901 | €17,751 | €56,125 | +€38,375 | +216% |
| Financial income | 75/76B | €1,484 | €511 | -€973 | -65.6% |
| Recurring financial income | 75 | €1,484 | €511 | -€973 | -65.6% |
| Financial charges | 65/66B | €1,184 | €504 | -€681 | -57.5% |
| Recurring financial charges | 65 | €1,184 | €504 | -€681 | -57.5% |
| Profit (loss) for the period before taxes | 9903 | €18,051 | €56,133 | +€38,082 | +211% |
| Income taxes | 67/77 | €6,341 | €11,039 | +€4,698 | +74.1% |
| Profit (loss) for the period | 9904 | €11,709 | €45,094 | +€33,384 | +285% |
| Profit (loss) for the period to be appropriated | 9905 | €11,709 | €45,094 | +€33,384 | +285% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.