ELAUSYS: 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.
ELAUSYS
Largest movements
- Cash -€17,590
down €17,590 (-7.2%), from €243,162 to €225,572
mainly Contributions, distributions and other (-€20,460) and Receivables within one year (-€4,258)
- Receivables within one year +€4,258
up €4,258 (+66.2%), from €6,432 to €10,690
of which Other amounts receivable: +€5,671
- Contributions -€20,460
no longer reported in 2025 (was €20,460)
- Reserves +€10,318
up €10,318 (+3.9%), from €262,582 to €272,901
- Gross operating margin -€17,438
down €17,438 (-40.6%), from €42,984 to €25,547
- Staff costs +€9,938
new in 2025: €9,938
- Taxes -€7,177
down €7,177 (-63.3%), from €11,337 to €4,159
- Other operating charges -€1,618
down €1,618 (-77.7%), from €2,084 to €465
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 | €316,004 | €300,112 | -€15,892 | -5.0% |
| Fixed assets | 21/28 | €887 | €61 | -€826 | -93.2% |
| Tangible fixed assets | 22/27 | €887 | €61 | -€826 | -93.2% |
| Furniture and vehicles | 24 | €887 | €61 | -€826 | -93.2% |
| Current assets | 29/58 | €315,117 | €300,051 | -€15,066 | -4.8% |
| Stocks and contracts in progress | 3 | €65,451 | €63,669 | -€1,782 | -2.7% |
| Stocks | 30/36 | €65,451 | €63,669 | -€1,782 | -2.7% |
| Amounts receivable within one year | 40/41 | €6,432 | €10,690 | +€4,258 | +66.2% |
| Trade receivables | 40 | €2,886 | €1,472 | -€1,414 | -49.0% |
| Other amounts receivable | 41 | €3,546 | €9,218 | +€5,671 | +160% |
| Cash at bank and in hand | 54/58 | €243,162 | €225,572 | -€17,590 | -7.2% |
| Deferred charges and accrued income | 490/1 | €72 | €121 | +€49 | +67.8% |
| Total equity and liabilities | 10/49 | €316,004 | €300,112 | -€15,892 | -5.0% |
| Equity | 10/15 | €283,042 | €272,901 | -€10,142 | -3.6% |
| Contributions | 10/11 | €20,460 | - | -€20,460 | |
| Reserves | 13 | €262,582 | €272,901 | +€10,318 | +3.9% |
| Distributable reserves | 133 | €262,582 | €272,901 | +€10,318 | +3.9% |
| Amounts payable | 17/49 | €32,961 | €27,211 | -€5,750 | -17.4% |
| Amounts payable within one year | 42/48 | €32,961 | €27,211 | -€5,750 | -17.4% |
| Trade debts | 44 | €5,011 | €1,907 | -€3,103 | -61.9% |
| Suppliers | 440/4 | €5,011 | €1,907 | -€3,103 | -61.9% |
| Taxes, remuneration and social security | 45 | €3,837 | €3,915 | +€78 | +2.0% |
| Taxes | 450/3 | €3,837 | €3,915 | +€78 | +2.0% |
| Other amounts payable | 47/48 | €24,114 | €21,389 | -€2,725 | -11.3% |
| Remuneration, social security and pensions | 62 | - | €9,938 | +€9,938 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €943 | €826 | -€117 | -12.4% |
| Other operating charges | 640/8 | €2,084 | €465 | -€1,618 | -77.7% |
| Gross operating margin | 9900 | €42,984 | €25,547 | -€17,438 | -40.6% |
| Operating profit (loss) | 9901 | €39,957 | €14,316 | -€25,641 | -64.2% |
| Financial income | 75/76B | €645 | €334 | -€311 | -48.2% |
| Recurring financial income | 75 | €645 | €334 | -€311 | -48.2% |
| Financial charges | 65/66B | €436 | €173 | -€263 | -60.4% |
| Recurring financial charges | 65 | €436 | €173 | -€263 | -60.4% |
| Profit (loss) for the period before taxes | 9903 | €40,166 | €14,478 | -€25,689 | -64.0% |
| Income taxes | 67/77 | €11,337 | €4,159 | -€7,177 | -63.3% |
| Profit (loss) for the period | 9904 | €28,830 | €10,318 | -€18,512 | -64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,830 | €10,318 | -€18,512 | -64.2% |
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.