ELIAS CONSTRUCT: 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.
ELIAS CONSTRUCT
Largest movements
- Receivables within one year -€33,716
down €33,716 (-53.4%), from €63,129 to €29,413
- Cash +€1,378
new in 2025: €1,378
mainly Receivables within one year (+€33,716)
- Other debts -€27,098
down €27,098 (-24.2%), from €111,804 to €84,707
- Profit (loss) carried forward -€3,715
down €3,715 (-6.3%), from -€58,562 to -€62,276
- Tax, wage and social debts -€1,526
no longer reported in 2025 (was €1,526)
- Gross operating margin +€1,727
up €1,727 (+35.1%), from -€4,917 to -€3,190
- Other operating charges +€472
new in 2025: €472
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 | €63,129 | €30,791 | -€32,338 | -51.2% |
| Current assets | 29/58 | €63,129 | €30,791 | -€32,338 | -51.2% |
| Amounts receivable within one year | 40/41 | €63,129 | €29,413 | -€33,716 | -53.4% |
| Trade receivables | 40 | €63,129 | €29,413 | -€33,716 | -53.4% |
| Cash at bank and in hand | 54/58 | - | €1,378 | +€1,378 | |
| Total equity and liabilities | 10/49 | €63,129 | €30,791 | -€32,338 | -51.2% |
| Equity | 10/15 | -€50,202 | -€53,916 | -€3,715 | -7.4% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,562 | -€62,276 | -€3,715 | -6.3% |
| Amounts payable | 17/49 | €113,331 | €84,707 | -€28,623 | -25.3% |
| Amounts payable within one year | 42/48 | €113,331 | €84,707 | -€28,623 | -25.3% |
| Financial debts | 43 | €1 | €1 | = | 0.0% |
| Credit institutions | 430/8 | €1 | €1 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,526 | - | -€1,526 | |
| Taxes | 450/3 | €1,526 | - | -€1,526 | |
| Other amounts payable | 47/48 | €111,804 | €84,707 | -€27,098 | -24.2% |
| Other operating charges | 640/8 | - | €472 | +€472 | |
| Gross operating margin | 9900 | -€4,917 | -€3,190 | +€1,727 | +35.1% |
| Operating profit (loss) | 9901 | -€4,917 | -€3,661 | +€1,255 | +25.5% |
| Financial charges | 65/66B | €60 | €54 | -€6 | -10.0% |
| Recurring financial charges | 65 | €60 | €54 | -€6 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,976 | -€3,715 | +€1,261 | +25.3% |
| Profit (loss) for the period | 9904 | -€4,976 | -€3,715 | +€1,261 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,976 | -€3,715 | +€1,261 | +25.3% |
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 15 October 2026 via checked.be.