EUROPEAN ELEVATOR ASSOCIATION: 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.
EUROPEAN ELEVATOR ASSOCIATION
Largest movements
- Cash +€127,282
up €127,282 (+19.0%), from €669,873 to €797,155
- Receivables within one year -€60,558
down €60,558 (-98.4%), from €61,533 to €975
- Accrued charges and deferred income +€64,951
up €64,951 (+10.1%), from €642,606 to €707,557
- Financial income +€3,930
up €3,930 (+106%), from €3,706 to €7,636
- Gross operating margin -€3,439
down €3,439 (-140%), from -€2,462 to -€5,901
- Staff costs -€1,169
no longer reported in 2024 (was €1,169)
- Taxes +€903
new in 2024: €903
- Write-downs +€700
new in 2024: €700
From the 2023 result to the 2024 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €732,648 | €798,130 | +€65,481 | +8.9% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €732,648 | €798,130 | +€65,481 | +8.9% |
| Amounts receivable within one year | 40/41 | €61,533 | €975 | -€60,558 | -98.4% |
| Trade receivables | 40 | €61,533 | €975 | -€60,558 | -98.4% |
| Cash at bank and in hand | 54/58 | €669,873 | €797,155 | +€127,282 | +19.0% |
| Deferred charges and accrued income | 490/1 | €1,242 | - | -€1,242 | |
| Total equity and liabilities | 10/49 | €732,648 | €798,130 | +€65,481 | +8.9% |
| Amounts payable | 17/49 | €732,648 | €798,130 | +€65,481 | +8.9% |
| Amounts payable within one year | 42/48 | €90,042 | €90,572 | +€530 | +0.6% |
| Trade debts | 44 | €70,920 | €71,451 | +€530 | +0.7% |
| Suppliers | 440/4 | €70,920 | €71,451 | +€530 | +0.7% |
| Taxes, remuneration and social security | 45 | €8,463 | €8,463 | = | 0.0% |
| Taxes | 450/3 | €8,463 | €8,463 | = | 0.0% |
| Other amounts payable | 47/48 | €10,659 | €10,659 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €642,606 | €707,557 | +€64,951 | +10.1% |
| Remuneration, social security and pensions | 62 | €1,169 | - | -€1,169 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €700 | +€700 | |
| Gross operating margin | 9900 | -€2,462 | -€5,901 | -€3,439 | -140% |
| Operating profit (loss) | 9901 | -€3,631 | -€6,601 | -€2,970 | -81.8% |
| Financial income | 75/76B | €3,706 | €7,636 | +€3,930 | +106% |
| Recurring financial income | 75 | €3,706 | €7,636 | +€3,930 | +106% |
| Financial charges | 65/66B | €76 | €132 | +€56 | +74.2% |
| Recurring financial charges | 65 | €76 | €132 | +€56 | +74.2% |
| Profit (loss) for the period before taxes | 9903 | €0 | €903 | +€903 | |
| Income taxes | 67/77 | - | €903 | +€903 | |
| Profit (loss) for the period | 9904 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | - | = |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.