ELEUGYN: 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.
ELEUGYN
Largest movements
- Current investments -€52,085
down €52,085 (-61.0%), from €85,350 to €33,265
- Receivables after one year +€34,000
up €34,000 (+213%), from €16,000 to €50,000
- Receivables within one year -€8,096
down €8,096 (-36.1%), from €22,406 to €14,310
of which Other amounts receivable: -€6,835
- Cash -€2,016
down €2,016 (-7.5%), from €26,900 to €24,884
mainly Contributions, distributions and other (-€50,000) and Receivables after one year (-€34,000)
- Reserves -€30,000
down €30,000 (-29.6%), from €101,360 to €71,360
of which Distributable reserves: -€30,000
- Tax, wage and social debts +€2,911
up €2,911 (+43.4%), from €6,712 to €9,623
of which Taxes: +€2,301
- Staff costs +€2,138
up €2,138 (+7.4%), from €28,786 to €30,924
- Other operating charges +€1,900
up €1,900 (+114%), from €1,666 to €3,566
- Gross operating margin +€1,307
up €1,307 (+2.0%), from €64,114 to €65,421
- Financial income +€702
up €702 (+609%), from €115 to €817
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.
Derived cash bridge
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 | €160,378 | €133,080 | -€27,298 | -17.0% |
| Fixed assets | 21/28 | €8,733 | €8,179 | -€554 | -6.3% |
| Tangible fixed assets | 22/27 | €8,537 | €7,984 | -€554 | -6.5% |
| Plant, machinery and equipment | 23 | €4,829 | €5,486 | +€657 | +13.6% |
| Furniture and vehicles | 24 | €3,708 | €2,498 | -€1,211 | -32.6% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €151,645 | €124,901 | -€26,744 | -17.6% |
| Amounts receivable after more than one year | 29 | €16,000 | €50,000 | +€34,000 | +213% |
| Other amounts receivable | 291 | €16,000 | €50,000 | +€34,000 | +213% |
| Amounts receivable within one year | 40/41 | €22,406 | €14,310 | -€8,096 | -36.1% |
| Trade receivables | 40 | €12,948 | €11,686 | -€1,261 | -9.7% |
| Other amounts receivable | 41 | €9,458 | €2,623 | -€6,835 | -72.3% |
| Current investments | 50/53 | €85,350 | €33,265 | -€52,085 | -61.0% |
| Cash at bank and in hand | 54/58 | €26,900 | €24,884 | -€2,016 | -7.5% |
| Deferred charges and accrued income | 490/1 | €989 | €2,442 | +€1,453 | +147% |
| Total equity and liabilities | 10/49 | €160,378 | €133,080 | -€27,298 | -17.0% |
| Equity | 10/15 | €151,521 | €121,735 | -€29,786 | -19.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €101,360 | €71,360 | -€30,000 | -29.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €99,500 | €69,500 | -€30,000 | -30.2% |
| Profit (loss) carried forward | 14 | €31,561 | €31,775 | +€215 | +0.7% |
| Amounts payable | 17/49 | €8,857 | €11,345 | +€2,488 | +28.1% |
| Amounts payable within one year | 42/48 | €8,793 | €11,279 | +€2,486 | +28.3% |
| Trade debts | 44 | €1,646 | €976 | -€670 | -40.7% |
| Suppliers | 440/4 | €1,646 | €976 | -€670 | -40.7% |
| Taxes, remuneration and social security | 45 | €6,712 | €9,623 | +€2,911 | +43.4% |
| Taxes | 450/3 | €1,163 | €3,464 | +€2,301 | +198% |
| Remuneration and social security | 454/9 | €5,549 | €6,159 | +€610 | +11.0% |
| Other amounts payable | 47/48 | €435 | €680 | +€245 | +56.2% |
| Accrued charges and deferred income | 492/3 | €64 | €66 | +€2 | +3.0% |
| Remuneration, social security and pensions | 62 | €28,786 | €30,924 | +€2,138 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,517 | €2,401 | -€116 | -4.6% |
| Other operating charges | 640/8 | €1,666 | €3,566 | +€1,900 | +114% |
| Gross operating margin | 9900 | €64,114 | €65,421 | +€1,307 | +2.0% |
| Operating profit (loss) | 9901 | €31,145 | €28,530 | -€2,615 | -8.4% |
| Financial income | 75/76B | €115 | €817 | +€702 | +609% |
| Recurring financial income | 75 | €115 | €817 | +€702 | +609% |
| Financial charges | 65/66B | €434 | €510 | +€76 | +17.4% |
| Recurring financial charges | 65 | €434 | €510 | +€76 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €30,826 | €28,838 | -€1,988 | -6.4% |
| Income taxes | 67/77 | €8,856 | €8,623 | -€232 | -2.6% |
| Profit (loss) for the period | 9904 | €21,970 | €20,215 | -€1,756 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,970 | €20,215 | -€1,756 | -8.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.