Eliaerts: 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.
Eliaerts
Largest movements
- Tangible fixed assets -€25,955
down €25,955 (-4.5%), from €573,687 to €547,732
of which Land and buildings: -€24,746
- Reserves -€26,942
down €26,942 (-37.1%), from €72,705 to €45,763
- Other debts +€22,800
new in 2024: €22,800
- Debts after one year -€16,291
down €16,291 (-5.8%), from €280,395 to €264,104
- Accrued charges and deferred income -€6,168
down €6,168 (-53.2%), from €11,588 to €5,420
- Gross operating margin +€56,238
up €56,238 (+264.1%), from €21,293 to €77,531
- Depreciation +€8,901
up €8,901 (+17.2%), from €51,840 to €60,741
- Financial charges +€2,791
up €2,791 (+20.9%), from €13,358 to €16,149
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 | €597,890 | €571,008 | -€26,882 | -4.5% |
| Fixed assets | 21/28 | €573,687 | €547,732 | -€25,955 | -4.5% |
| Tangible fixed assets | 22/27 | €573,687 | €547,732 | -€25,955 | -4.5% |
| Land and buildings | 22 | €569,182 | €544,436 | -€24,746 | -4.3% |
| Furniture and vehicles | 24 | €4,505 | €3,296 | -€1,209 | -26.8% |
| Current assets | 29/58 | €24,203 | €23,277 | -€926 | -3.8% |
| Amounts receivable within one year | 40/41 | €1,886 | €287 | -€1,598 | -84.8% |
| Trade receivables | 40 | €1,886 | - | -€1,886 | |
| Other amounts receivable | 41 | - | €287 | +€287 | |
| Cash at bank and in hand | 54/58 | €19,994 | €20,752 | +€758 | +3.8% |
| Deferred charges and accrued income | 490/1 | €2,323 | €2,237 | -€86 | -3.7% |
| Total equity and liabilities | 10/49 | €597,890 | €571,008 | -€26,882 | -4.5% |
| Equity | 10/15 | €132,355 | €105,413 | -€26,942 | -20.4% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Revaluation surpluses | 12 | €24,650 | €24,650 | = | 0.0% |
| Reserves | 13 | €72,705 | €45,763 | -€26,942 | -37.1% |
| Distributable reserves | 133 | €72,705 | €45,763 | -€26,942 | -37.1% |
| Amounts payable | 17/49 | €465,535 | €465,595 | +€60 | 0.0% |
| Amounts payable after more than one year | 17 | €280,395 | €264,104 | -€16,291 | -5.8% |
| Financial debts | 170/4 | €280,395 | €264,104 | -€16,291 | -5.8% |
| Amounts payable within one year | 42/48 | €173,552 | €196,071 | +€22,520 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €170,750 | €171,291 | +€542 | +0.3% |
| Trade debts | 44 | €2,282 | - | -€2,282 | |
| Suppliers | 440/4 | €2,282 | - | -€2,282 | |
| Taxes, remuneration and social security | 45 | €520 | €1,980 | +€1,460 | +280.8% |
| Taxes | 450/3 | €520 | €1,980 | +€1,460 | +280.8% |
| Other amounts payable | 47/48 | - | €22,800 | +€22,800 | |
| Accrued charges and deferred income | 492/3 | €11,588 | €5,420 | -€6,168 | -53.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,840 | €60,741 | +€8,901 | +17.2% |
| Other operating charges | 640/8 | €3,811 | €3,599 | -€212 | -5.6% |
| Gross operating margin | 9900 | €21,293 | €77,531 | +€56,238 | +264.1% |
| Operating profit (loss) | 9901 | -€34,357 | €13,191 | +€47,549 | |
| Financial income | 75/76B | €45 | €15 | -€30 | -66.7% |
| Recurring financial income | 75 | €45 | €15 | -€30 | -66.7% |
| Financial charges | 65/66B | €13,358 | €16,149 | +€2,791 | +20.9% |
| Recurring financial charges | 65 | €13,358 | €16,149 | +€2,791 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | -€47,670 | -€2,942 | +€44,728 | +93.8% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€47,670 | -€2,942 | +€44,728 | +93.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,670 | -€2,942 | +€44,728 | +93.8% |
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 3 October 2026 via checked.be.