ELI AUTOMATION: 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.
ELI AUTOMATION
Largest movements
- Receivables within one year -€62,172
down €62,172 (-54.3%), from €114,449 to €52,277
of which Trade receivables: -€57,770
- Tangible fixed assets -€38,148
down €38,148 (-6.6%), from €575,272 to €537,124
of which Land and buildings: -€36,319
- Stocks and contracts +€36,387
up €36,387 (+14.0%), from €260,555 to €296,942
- Cash -€24,561
down €24,561 (-43.9%), from €55,989 to €31,428
mainly Short-term financial debts (-€60,000) and Debts after one year (-€39,725)
- Short-term financial debts -€60,000
down €60,000 (-60.0%), from €100,000 to €40,000
- Debts after one year -€39,725
down €39,725 (-12.3%), from €324,111 to €284,387
- Reserves +€30,442
up €30,442 (+12.5%), from €244,442 to €274,883
- Trade debts -€29,923
down €29,923 (-67.9%), from €44,056 to €14,132
- Tax, wage and social debts +€14,830
up €14,830 (+8.6%), from €172,357 to €187,187
of which Remuneration and social security: +€15,654
- Gross operating margin -€51,038
down €51,038 (-16.3%), from €312,371 to €261,334
- Staff costs -€47,997
down €47,997 (-21.3%), from €225,651 to €177,655
- Financial income +€11,121
up €11,121 (+137.2%), from €8,105 to €19,226
- Financial charges -€4,564
down €4,564 (-17.1%), from €26,675 to €22,111
- Depreciation -€3,522
down €3,522 (-6.9%), from €50,851 to €47,329
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.
Cash bridge derived
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 | €1,007,475 | €924,632 | -€82,843 | -8.2% |
| Fixed assets | 21/28 | €576,482 | €538,124 | -€38,358 | -6.7% |
| Intangible fixed assets | 21 | €90 | - | -€90 | |
| Tangible fixed assets | 22/27 | €575,272 | €537,124 | -€38,148 | -6.6% |
| Land and buildings | 22 | €549,814 | €513,495 | -€36,319 | -6.6% |
| Plant, machinery and equipment | 23 | €7,696 | €3,404 | -€4,291 | -55.8% |
| Furniture and vehicles | 24 | €17,763 | €20,225 | +€2,462 | +13.9% |
| Financial fixed assets | 28 | €1,120 | €1,000 | -€120 | -10.7% |
| Current assets | 29/58 | €430,993 | €386,507 | -€44,485 | -10.3% |
| Stocks and contracts in progress | 3 | €260,555 | €296,942 | +€36,387 | +14.0% |
| Stocks | 30/36 | €260,555 | €296,942 | +€36,387 | +14.0% |
| Amounts receivable within one year | 40/41 | €114,449 | €52,277 | -€62,172 | -54.3% |
| Trade receivables | 40 | €105,242 | €47,473 | -€57,770 | -54.9% |
| Other amounts receivable | 41 | €9,207 | €4,805 | -€4,402 | -47.8% |
| Cash at bank and in hand | 54/58 | €55,989 | €31,428 | -€24,561 | -43.9% |
| Deferred charges and accrued income | 490/1 | - | €5,860 | +€5,860 | |
| Total equity and liabilities | 10/49 | €1,007,475 | €924,632 | -€82,843 | -8.2% |
| Equity | 10/15 | €326,017 | €352,608 | +€26,592 | +8.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €244,442 | €274,883 | +€30,442 | +12.5% |
| Distributable reserves | 133 | €244,442 | €274,883 | +€30,442 | +12.5% |
| Profit (loss) carried forward | 14 | €33,025 | €33,025 | = | 0.0% |
| Investment grants | 15 | €42,350 | €38,500 | -€3,850 | -9.1% |
| Amounts payable | 17/49 | €681,459 | €572,024 | -€109,435 | -16.1% |
| Amounts payable after more than one year | 17 | €324,111 | €284,387 | -€39,725 | -12.3% |
| Financial debts | 170/4 | €324,111 | €284,387 | -€39,725 | -12.3% |
| Amounts payable within one year | 42/48 | €357,347 | €287,637 | -€69,710 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €40,935 | €39,725 | -€1,210 | -3.0% |
| Financial debts | 43 | €100,000 | €40,000 | -€60,000 | -60.0% |
| Credit institutions | 430/8 | €100,000 | €40,000 | -€60,000 | -60.0% |
| Trade debts | 44 | €44,056 | €14,132 | -€29,923 | -67.9% |
| Suppliers | 440/4 | €44,056 | €14,132 | -€29,923 | -67.9% |
| Taxes, remuneration and social security | 45 | €172,357 | €187,187 | +€14,830 | +8.6% |
| Taxes | 450/3 | €1,747 | €924 | -€824 | -47.1% |
| Remuneration and social security | 454/9 | €170,609 | €186,263 | +€15,654 | +9.2% |
| Other amounts payable | 47/48 | - | €6,593 | +€6,593 | |
| Remuneration, social security and pensions | 62 | €225,651 | €177,655 | -€47,997 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,851 | €47,329 | -€3,522 | -6.9% |
| Other operating charges | 640/8 | €2,489 | €2,568 | +€79 | +3.2% |
| Gross operating margin | 9900 | €312,371 | €261,334 | -€51,038 | -16.3% |
| Operating profit (loss) | 9901 | €33,380 | €33,782 | +€402 | +1.2% |
| Financial income | 75/76B | €8,105 | €19,226 | +€11,121 | +137.2% |
| Recurring financial income | 75 | €8,105 | €19,226 | +€11,121 | +137.2% |
| Financial charges | 65/66B | €26,675 | €22,111 | -€4,564 | -17.1% |
| Recurring financial charges | 65 | €26,675 | €22,111 | -€4,564 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €14,810 | €30,897 | +€16,087 | +108.6% |
| Income taxes | 67/77 | €1,747 | €455 | -€1,292 | -73.9% |
| Profit (loss) for the period | 9904 | €13,063 | €30,442 | +€17,379 | +133.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,063 | €30,442 | +€17,379 | +133.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.