112 ELYSEE: 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.
112 ELYSEE
Largest movements
- Tangible fixed assets +€45,351
up €45,351 (+110.0%), from €41,241 to €86,593
of which Land and buildings: +€46,389
- Cash -€17,403
down €17,403 (-81.0%), from €21,488 to €4,085
mainly Investment in fixed assets (net) (-€50,004) and Accrued charges and deferred income (-€660)
- Receivables within one year -€1,994
down €1,994 (-78.1%), from €2,555 to €561
- Debts after one year +€16,800
up €16,800 (+277.7%), from €6,050 to €22,850
of which Financial debts: +€16,000
- Profit (loss) carried forward +€9,835
up €9,835 (+26.0%), from €37,828 to €47,662
- Gross operating margin +€7,042
up €7,042 (+44.8%), from €15,712 to €22,754
- Taxes +€820
up €820 (+33.4%), from €2,458 to €3,279
- Depreciation +€568
up €568 (+13.9%), from €4,085 to €4,653
- Financial charges +€250
up €250 (+123.0%), from €203 to €453
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,814 | €91,251 | +€25,437 | +38.6% |
| Fixed assets | 21/28 | €41,241 | €86,593 | +€45,351 | +110.0% |
| Tangible fixed assets | 22/27 | €41,241 | €86,593 | +€45,351 | +110.0% |
| Land and buildings | 22 | €38,033 | €84,422 | +€46,389 | +122.0% |
| Plant, machinery and equipment | 23 | €2,492 | €1,868 | -€624 | -25.0% |
| Furniture and vehicles | 24 | €716 | €303 | -€413 | -57.7% |
| Current assets | 29/58 | €24,573 | €4,658 | -€19,915 | -81.0% |
| Amounts receivable within one year | 40/41 | €2,555 | €561 | -€1,994 | -78.1% |
| Other amounts receivable | 41 | €2,555 | €561 | -€1,994 | -78.1% |
| Cash at bank and in hand | 54/58 | €21,488 | €4,085 | -€17,403 | -81.0% |
| Deferred charges and accrued income | 490/1 | €530 | €12 | -€518 | -97.8% |
| Total equity and liabilities | 10/49 | €65,814 | €91,251 | +€25,437 | +38.6% |
| Equity | 10/15 | €58,288 | €68,122 | +€9,835 | +16.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,828 | €47,662 | +€9,835 | +26.0% |
| Amounts payable | 17/49 | €7,527 | €23,128 | +€15,602 | +207.3% |
| Amounts payable after more than one year | 17 | €6,050 | €22,850 | +€16,800 | +277.7% |
| Financial debts | 170/4 | €4,000 | €20,000 | +€16,000 | +400.0% |
| Other amounts payable | 178/9 | €2,050 | €2,850 | +€800 | +39.0% |
| Amounts payable within one year | 42/48 | €817 | €278 | -€538 | -65.9% |
| Trade debts | 44 | €388 | - | -€388 | |
| Suppliers | 440/4 | €388 | - | -€388 | |
| Taxes, remuneration and social security | 45 | - | €278 | +€278 | |
| Taxes | 450/3 | - | €278 | +€278 | |
| Other amounts payable | 47/48 | €428 | - | -€428 | |
| Accrued charges and deferred income | 492/3 | €660 | - | -€660 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,085 | €4,653 | +€568 | +13.9% |
| Other operating charges | 640/8 | €1,667 | €1,785 | +€118 | +7.1% |
| Non-recurring operating charges | 66A | - | €2,750 | +€2,750 | |
| Gross operating margin | 9900 | €15,712 | €22,754 | +€7,042 | +44.8% |
| Operating profit (loss) | 9901 | €9,960 | €13,567 | +€3,607 | +36.2% |
| Financial charges | 65/66B | €203 | €453 | +€250 | +123.0% |
| Recurring financial charges | 65 | €203 | €453 | +€250 | +123.0% |
| Profit (loss) for the period before taxes | 9903 | €9,757 | €13,114 | +€3,357 | +34.4% |
| Income taxes | 67/77 | €2,458 | €3,279 | +€820 | +33.4% |
| Profit (loss) for the period | 9904 | €7,299 | €9,835 | +€2,536 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,299 | €9,835 | +€2,536 | +34.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.