ELERIUS: 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.
ELERIUS
Largest movements
- Cash +€18,474
up €18,474 (+20.0%), from €92,509 to €110,983
mainly Other debts (+€49,929) and Depreciation (+€13,052)
- Tangible fixed assets -€13,052
down €13,052 (-30.6%), from €42,657 to €29,604
of which Furniture and vehicles: -€12,191
- Deferred charges and accrued income -€7,336
down €7,336 (-84.6%), from €8,668 to €1,331
- Receivables within one year -€5,143
down €5,143 (-20.8%), from €24,711 to €19,568
of which Trade receivables: -€10,302
- Reserves -€52,000
down €52,000 (-83.9%), from €62,000 to €10,000
- Other debts +€49,929
up €49,929 (+695%), from €7,184 to €57,113
- Trade debts -€9,568
down €9,568 (-91.8%), from €10,429 to €860
- Tax, wage and social debts +€4,298
up €4,298 (+20.2%), from €21,228 to €25,526
of which Remuneration and social security: +€2,174
- Staff costs +€2,177
up €2,177 (+5.6%), from €38,910 to €41,086
- Other operating charges -€2,009
down €2,009 (-59.2%), from €3,392 to €1,383
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 | €168,663 | €161,604 | -€7,058 | -4.2% |
| Fixed assets | 21/28 | €42,775 | €29,723 | -€13,052 | -30.5% |
| Tangible fixed assets | 22/27 | €42,657 | €29,604 | -€13,052 | -30.6% |
| Furniture and vehicles | 24 | €35,859 | €23,668 | -€12,191 | -34.0% |
| Other tangible fixed assets | 26 | €5,764 | €4,903 | -€861 | -14.9% |
| Assets under construction and advance payments | 27 | €1,033 | €1,033 | = | 0.0% |
| Financial fixed assets | 28 | €119 | €119 | = | 0.0% |
| Current assets | 29/58 | €125,887 | €131,882 | +€5,994 | +4.8% |
| Amounts receivable within one year | 40/41 | €24,711 | €19,568 | -€5,143 | -20.8% |
| Trade receivables | 40 | €12,302 | €2,000 | -€10,302 | -83.7% |
| Other amounts receivable | 41 | €12,410 | €17,568 | +€5,158 | +41.6% |
| Cash at bank and in hand | 54/58 | €92,509 | €110,983 | +€18,474 | +20.0% |
| Deferred charges and accrued income | 490/1 | €8,668 | €1,331 | -€7,336 | -84.6% |
| Total equity and liabilities | 10/49 | €168,663 | €161,604 | -€7,058 | -4.2% |
| Equity | 10/15 | €129,441 | €77,616 | -€51,825 | -40.0% |
| Contributions | 10/11 | €14,360 | €14,360 | = | 0.0% |
| Reserves | 13 | €62,000 | €10,000 | -€52,000 | -83.9% |
| Distributable reserves | 133 | €62,000 | €10,000 | -€52,000 | -83.9% |
| Profit (loss) carried forward | 14 | €53,081 | €53,256 | +€175 | +0.3% |
| Amounts payable | 17/49 | €39,221 | €83,988 | +€44,767 | +114% |
| Amounts payable within one year | 42/48 | €38,841 | €83,499 | +€44,658 | +115% |
| Trade debts | 44 | €10,429 | €860 | -€9,568 | -91.8% |
| Suppliers | 440/4 | €10,429 | €860 | -€9,568 | -91.8% |
| Taxes, remuneration and social security | 45 | €21,228 | €25,526 | +€4,298 | +20.2% |
| Taxes | 450/3 | €13,936 | €16,060 | +€2,124 | +15.2% |
| Remuneration and social security | 454/9 | €7,292 | €9,466 | +€2,174 | +29.8% |
| Other amounts payable | 47/48 | €7,184 | €57,113 | +€49,929 | +695% |
| Accrued charges and deferred income | 492/3 | €380 | €489 | +€109 | +28.5% |
| Remuneration, social security and pensions | 62 | €38,910 | €41,086 | +€2,177 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,593 | €13,052 | -€541 | -4.0% |
| Other operating charges | 640/8 | €3,392 | €1,383 | -€2,009 | -59.2% |
| Gross operating margin | 9900 | €60,239 | €60,213 | -€26 | 0.0% |
| Operating profit (loss) | 9901 | €4,344 | €4,691 | +€347 | +8.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €491 | €730 | +€239 | +48.7% |
| Recurring financial charges | 65 | €491 | €730 | +€239 | +48.7% |
| Profit (loss) for the period before taxes | 9903 | €3,853 | €3,961 | +€108 | +2.8% |
| Income taxes | 67/77 | €3,827 | €3,786 | -€40 | -1.0% |
| Profit (loss) for the period | 9904 | €27 | €175 | +€148 | +550% |
| Profit (loss) for the period to be appropriated | 9905 | €27 | €175 | +€148 | +550% |
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 14 October 2026 via checked.be.