SPECIAL ELEVATORS: what changed
Two fiscal 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.
SPECIAL ELEVATORS
Largest movements
- Tangible fixed assets +€31,237
up €31,237 (+163.5%), from €19,101 to €50,338
of which Plant, machinery and equipment: +€31,660
- Receivables within one year +€26,339
up €26,339 (+34.1%), from €77,280 to €103,619
of which Other amounts receivable: +€33,249
- Intangible fixed assets +€11,481
new in 2025: €11,481
- Cash -€10,997
down €10,997 (-42.7%), from €25,737 to €14,739
mainly Investment in fixed assets (net) (-€66,621) and Receivables within one year (-€26,339)
- Financial fixed assets +€6,000
new in 2025: €6,000
- Profit (loss) carried forward +€46,005
up €46,005 (+103.1%), from €44,631 to €90,636
- Tax, wage and social debts +€10,610
up €10,610 (+74.6%), from €14,214 to €24,824
of which Taxes: +€5,891
- Current portion of long-term debt +€10,170
up €10,170 (+200.2%), from €5,080 to €15,250
- Trade debts -€8,852
down €8,852 (-40.6%), from €21,816 to €12,965
- Accrued charges and deferred income +€3,796
up €3,796 (+7665.9%), from €50 to €3,846
- Gross operating margin +€23,414
up €23,414 (+43.4%), from €53,926 to €77,340
- Taxes +€3,588
up €3,588 (+46.7%), from €7,691 to €11,280
- Depreciation +€3,008
up €3,008 (+20.2%), from €14,895 to €17,903
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 | €128,795 | €192,876 | +€64,081 | +49.8% |
| Fixed assets | 21/28 | €19,101 | €67,820 | +€48,718 | +255.1% |
| Intangible fixed assets | 21 | - | €11,481 | +€11,481 | |
| Tangible fixed assets | 22/27 | €19,101 | €50,338 | +€31,237 | +163.5% |
| Plant, machinery and equipment | 23 | €2,197 | €33,856 | +€31,660 | +1441.3% |
| Furniture and vehicles | 24 | €16,905 | €6,034 | -€10,871 | -64.3% |
| Other tangible fixed assets | 26 | - | €10,448 | +€10,448 | |
| Financial fixed assets | 28 | - | €6,000 | +€6,000 | |
| Current assets | 29/58 | €109,693 | €125,056 | +€15,363 | +14.0% |
| Amounts receivable within one year | 40/41 | €77,280 | €103,619 | +€26,339 | +34.1% |
| Trade receivables | 40 | €60,964 | €54,054 | -€6,910 | -11.3% |
| Other amounts receivable | 41 | €16,316 | €49,565 | +€33,249 | +203.8% |
| Cash at bank and in hand | 54/58 | €25,737 | €14,739 | -€10,997 | -42.7% |
| Deferred charges and accrued income | 490/1 | €6,676 | €6,697 | +€21 | +0.3% |
| Total equity and liabilities | 10/49 | €128,795 | €192,876 | +€64,081 | +49.8% |
| Equity | 10/15 | €74,631 | €120,636 | +€46,005 | +61.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,631 | €90,636 | +€46,005 | +103.1% |
| Amounts payable | 17/49 | €54,164 | €72,240 | +€18,076 | +33.4% |
| Amounts payable after more than one year | 17 | €13,005 | €15,356 | +€2,351 | +18.1% |
| Financial debts | 170/4 | €13,005 | €15,356 | +€2,351 | +18.1% |
| Amounts payable within one year | 42/48 | €41,110 | €53,039 | +€11,929 | +29.0% |
| Current portion of amounts payable after more than one year | 42 | €5,080 | €15,250 | +€10,170 | +200.2% |
| Trade debts | 44 | €21,816 | €12,965 | -€8,852 | -40.6% |
| Suppliers | 440/4 | €21,816 | €12,965 | -€8,852 | -40.6% |
| Taxes, remuneration and social security | 45 | €14,214 | €24,824 | +€10,610 | +74.6% |
| Taxes | 450/3 | €14,214 | €20,105 | +€5,891 | +41.4% |
| Remuneration and social security | 454/9 | - | €4,719 | +€4,719 | |
| Accrued charges and deferred income | 492/3 | €50 | €3,846 | +€3,796 | +7665.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,895 | €17,903 | +€3,008 | +20.2% |
| Other operating charges | 640/8 | €434 | €417 | -€17 | -4.0% |
| Gross operating margin | 9900 | €53,926 | €77,340 | +€23,414 | +43.4% |
| Operating profit (loss) | 9901 | €38,597 | €59,020 | +€20,423 | +52.9% |
| Financial income | 75/76B | €1,201 | €814 | -€387 | -32.2% |
| Recurring financial income | 75 | €719 | €814 | +€94 | +13.1% |
| Non-recurring financial income | 76B | €482 | - | -€482 | |
| Financial charges | 65/66B | €2,377 | €2,548 | +€171 | +7.2% |
| Recurring financial charges | 65 | €2,377 | €2,548 | +€171 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €37,420 | €57,285 | +€19,865 | +53.1% |
| Income taxes | 67/77 | €7,691 | €11,280 | +€3,588 | +46.7% |
| Profit (loss) for the period | 9904 | €29,729 | €46,005 | +€16,276 | +54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,729 | €46,005 | +€16,276 | +54.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.