ELITE: 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.
ELITE
Largest movements
- Cash +€20,907
up €20,907 (+23.4%), from €89,269 to €110,177
mainly Net result for the year (+€18,107) and Depreciation (+€2,800)
- Tangible fixed assets -€2,800
no longer reported in 2025 (was €2,800)
- Profit (loss) carried forward +€16,247
up €16,247 (+18.9%), from €85,869 to €102,117
- Reserves +€1,860
new in 2025: €1,860
- Gross operating margin +€15,452
up €15,452 (+160%), from €9,670 to €25,121
- Depreciation +€2,800
new in 2025: €2,800
- Other operating charges -€1,452
no longer reported in 2025 (was €1,452)
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 | €92,069 | €110,177 | +€18,107 | +19.7% |
| Fixed assets | 21/28 | €2,800 | - | -€2,800 | |
| Tangible fixed assets | 22/27 | €2,800 | - | -€2,800 | |
| Furniture and vehicles | 24 | €2,800 | - | -€2,800 | |
| Current assets | 29/58 | €89,269 | €110,177 | +€20,907 | +23.4% |
| Cash at bank and in hand | 54/58 | €89,269 | €110,177 | +€20,907 | +23.4% |
| Total equity and liabilities | 10/49 | €92,069 | €110,177 | +€18,107 | +19.7% |
| Equity | 10/15 | €92,069 | €110,177 | +€18,107 | +19.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | - | €1,860 | +€1,860 | |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €85,869 | €102,117 | +€16,247 | +18.9% |
| Remuneration, social security and pensions | 62 | €4,450 | €4,214 | -€236 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,800 | +€2,800 | |
| Other operating charges | 640/8 | €1,452 | - | -€1,452 | |
| Gross operating margin | 9900 | €9,670 | €25,121 | +€15,452 | +160% |
| Operating profit (loss) | 9901 | €3,767 | €18,107 | +€14,340 | +381% |
| Profit (loss) for the period before taxes | 9903 | €3,767 | €18,107 | +€14,340 | +381% |
| Profit (loss) for the period | 9904 | €3,767 | €18,107 | +€14,340 | +381% |
| Profit (loss) for the period to be appropriated | 9905 | €3,767 | €18,107 | +€14,340 | +381% |
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 28 October 2026 via checked.be.