LES PETITS ELFES: 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.
LES PETITS ELFES
Largest movements
- Receivables within one year -€4,844
down €4,844 (-100%), from €4,844 to €0
- Cash -€2,133
down €2,133 (-73.9%), from €2,884 to €752
mainly Net result for the year (-€3,914) and Trade debts (-€3,512)
- Tangible fixed assets -€1,713
down €1,713 (-28.0%), from €6,111 to €4,398
- Profit (loss) carried forward -€3,914
down €3,914 (-15.8%), from -€24,756 to -€28,670
- Trade debts -€3,512
down €3,512 (-69.1%), from €5,080 to €1,568
- Tax, wage and social debts -€1,526
down €1,526 (-17.0%), from €8,980 to €7,454
of which Remuneration and social security: -€888
- Other debts +€283
up €283 (+2.6%), from €11,106 to €11,389
- Gross operating margin -€22,856
down €22,856 (-28.2%), from €80,921 to €58,065
- Staff costs -€21,250
down €21,250 (-26.4%), from €80,534 to €59,285
- Depreciation +€878
up €878 (+105%), from €835 to €1,713
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 | €14,469 | €5,801 | -€8,668 | -59.9% |
| Fixed assets | 21/28 | €6,226 | €4,513 | -€1,713 | -27.5% |
| Tangible fixed assets | 22/27 | €6,111 | €4,398 | -€1,713 | -28.0% |
| Furniture and vehicles | 24 | €6,111 | €4,398 | -€1,713 | -28.0% |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €8,243 | €1,288 | -€6,956 | -84.4% |
| Amounts receivable within one year | 40/41 | €4,844 | €0 | -€4,844 | -100% |
| Trade receivables | 40 | €4,844 | €0 | -€4,844 | -100% |
| Cash at bank and in hand | 54/58 | €2,884 | €752 | -€2,133 | -73.9% |
| Deferred charges and accrued income | 490/1 | €515 | €536 | +€21 | +4.2% |
| Total equity and liabilities | 10/49 | €14,469 | €5,801 | -€8,668 | -59.9% |
| Equity | 10/15 | -€10,696 | -€14,610 | -€3,914 | -36.6% |
| Reserves | 13 | €14,060 | €14,060 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,060 | €14,060 | = | 0.0% |
| Other | 1319 | €14,060 | €14,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,756 | -€28,670 | -€3,914 | -15.8% |
| Amounts payable | 17/49 | €25,165 | €20,411 | -€4,754 | -18.9% |
| Amounts payable within one year | 42/48 | €25,165 | €20,411 | -€4,754 | -18.9% |
| Trade debts | 44 | €5,080 | €1,568 | -€3,512 | -69.1% |
| Suppliers | 440/4 | €5,080 | €1,568 | -€3,512 | -69.1% |
| Taxes, remuneration and social security | 45 | €8,980 | €7,454 | -€1,526 | -17.0% |
| Taxes | 450/3 | €638 | €0 | -€638 | -100% |
| Remuneration and social security | 454/9 | €8,342 | €7,454 | -€888 | -10.6% |
| Other amounts payable | 47/48 | €11,106 | €11,389 | +€283 | +2.6% |
| Remuneration, social security and pensions | 62 | €80,534 | €59,285 | -€21,250 | -26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €835 | €1,713 | +€878 | +105% |
| Other operating charges | 640/8 | €832 | €797 | -€35 | -4.2% |
| Gross operating margin | 9900 | €80,921 | €58,065 | -€22,856 | -28.2% |
| Operating profit (loss) | 9901 | -€1,280 | -€3,729 | -€2,449 | -191% |
| Financial charges | 65/66B | €341 | €184 | -€156 | -45.9% |
| Recurring financial charges | 65 | €341 | €184 | -€156 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,621 | -€3,914 | -€2,293 | -141% |
| Income taxes | 67/77 | €638 | €0 | -€638 | -100% |
| Profit (loss) for the period | 9904 | -€2,259 | -€3,914 | -€1,655 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,259 | -€3,914 | -€1,655 | -73.3% |
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 20 October 2026 via checked.be.