ELVOTRAV: 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.
ELVOTRAV
Largest movements
- Stocks and contracts +€260,000
up €260,000 (+5,417%), from €4,800 to €264,800
of which Contracts in progress: +€260,000
- Tangible fixed assets +€74,651
up €74,651 (+147%), from €50,656 to €125,308
of which Furniture and vehicles: +€73,989
- Cash -€18,233
down €18,233 (-60.3%), from €30,240 to €12,007
mainly Stocks and contracts (-€260,000) and Investment in fixed assets (net) (-€96,504)
- Receivables within one year +€13,446
up €13,446 (+4.2%), from €321,755 to €335,201
of which Other amounts receivable: +€16,059
- Other debts +€349,267
up €349,267 (+326%), from €107,203 to €456,470
- Trade debts -€15,220
down €15,220 (-9.5%), from €159,459 to €144,239
- Debts after one year -€7,544
down €7,544 (-23.5%), from €32,148 to €24,604
- Depreciation +€17,159
up €17,159 (+366%), from €4,694 to €21,853
- Taxes -€4,103
down €4,103 (-98.5%), from €4,164 to €61
- Gross operating margin +€3,874
up €3,874 (+13.9%), from €27,953 to €31,827
- Other operating charges -€2,582
down €2,582 (-66.7%), from €3,872 to €1,289
- Financial charges -€924
down €924 (-24.3%), from €3,794 to €2,870
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 | €408,486 | €738,350 | +€329,865 | +80.8% |
| Fixed assets | 21/28 | €50,656 | €125,308 | +€74,651 | +147% |
| Tangible fixed assets | 22/27 | €50,656 | €125,308 | +€74,651 | +147% |
| Plant, machinery and equipment | 23 | €76 | €738 | +€662 | +872% |
| Furniture and vehicles | 24 | €50,580 | €124,570 | +€73,989 | +146% |
| Current assets | 29/58 | €357,829 | €613,043 | +€255,213 | +71.3% |
| Stocks and contracts in progress | 3 | €4,800 | €264,800 | +€260,000 | +5,417% |
| Stocks | 30/36 | €4,800 | €4,800 | = | 0.0% |
| Contracts in progress | 37 | - | €260,000 | +€260,000 | |
| Amounts receivable within one year | 40/41 | €321,755 | €335,201 | +€13,446 | +4.2% |
| Trade receivables | 40 | €269,134 | €266,520 | -€2,613 | -1.0% |
| Other amounts receivable | 41 | €52,621 | €68,681 | +€16,059 | +30.5% |
| Cash at bank and in hand | 54/58 | €30,240 | €12,007 | -€18,233 | -60.3% |
| Deferred charges and accrued income | 490/1 | €1,034 | €1,034 | = | 0.0% |
| Total equity and liabilities | 10/49 | €408,486 | €738,350 | +€329,865 | +80.8% |
| Equity | 10/15 | €96,057 | €103,322 | +€7,265 | +7.6% |
| Contributions | 10/11 | €26,881 | €26,881 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,176 | €76,441 | +€7,265 | +10.5% |
| Amounts payable | 17/49 | €312,429 | €635,029 | +€322,600 | +103% |
| Amounts payable after more than one year | 17 | €32,148 | €24,604 | -€7,544 | -23.5% |
| Financial debts | 170/4 | €32,148 | €24,604 | -€7,544 | -23.5% |
| Amounts payable within one year | 42/48 | €280,281 | €610,425 | +€330,144 | +118% |
| Current portion of amounts payable after more than one year | 42 | €7,544 | €7,544 | = | 0.0% |
| Trade debts | 44 | €159,459 | €144,239 | -€15,220 | -9.5% |
| Suppliers | 440/4 | €159,459 | €144,239 | -€15,220 | -9.5% |
| Taxes, remuneration and social security | 45 | €6,075 | €2,171 | -€3,904 | -64.3% |
| Taxes | 450/3 | €6,075 | €2,171 | -€3,904 | -64.3% |
| Other amounts payable | 47/48 | €107,203 | €456,470 | +€349,267 | +326% |
| Non-recurring operating income | 76A | - | €55,851 | +€55,851 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,694 | €21,853 | +€17,159 | +366% |
| Other operating charges | 640/8 | €3,872 | €1,289 | -€2,582 | -66.7% |
| Gross operating margin | 9900 | €27,953 | €31,827 | +€3,874 | +13.9% |
| Operating profit (loss) | 9901 | €19,387 | €8,685 | -€10,702 | -55.2% |
| Financial income | 75/76B | €60 | €351 | +€291 | +484% |
| Recurring financial income | 75 | €60 | €351 | +€291 | +484% |
| Financial charges | 65/66B | €3,794 | €2,870 | -€924 | -24.3% |
| Recurring financial charges | 65 | €3,794 | €2,870 | -€924 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €15,654 | €6,166 | -€9,488 | -60.6% |
| Income taxes | 67/77 | €4,164 | €61 | -€4,103 | -98.5% |
| Profit (loss) for the period | 9904 | €11,490 | €6,105 | -€5,385 | -46.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,490 | €6,105 | -€5,385 | -46.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.