ELIAS e hijos: 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 e hijos
Largest movements
- Receivables within one year -€115,251
down €115,251 (-75.8%), from €152,005 to €36,754
- Cash +€63,360
up €63,360 (+1,588%), from €3,990 to €67,350
mainly Receivables within one year (+€115,251) and Net result for the year (+€83,462)
- Tangible fixed assets -€21,110
down €21,110 (-4.1%), from €510,708 to €489,598
of which Land and buildings: -€17,359
- Trade debts -€92,997
down €92,997 (-100%), from €92,997 to €0
- Reserves +€83,462
up €83,462 (+50.9%), from €163,989 to €247,451
of which Distributable reserves: +€83,462
- Debts after one year -€62,994
down €62,994 (-39.4%), from €160,072 to €97,077
- Advances received -€36,300
down €36,300 (-100%), from €36,300 to €0
- Accrued charges and deferred income +€30,000
new in 2025: €30,000
- Gross operating margin +€53,972
up €53,972 (+45.6%), from €118,321 to €172,292
- Taxes +€15,567
up €15,567 (+59.3%), from €26,261 to €41,828
- Financial income -€2,318
down €2,318 (-96.6%), from €2,398 to €81
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 | €668,052 | €595,052 | -€73,001 | -10.9% |
| Fixed assets | 21/28 | €512,058 | €490,948 | -€21,110 | -4.1% |
| Tangible fixed assets | 22/27 | €510,708 | €489,598 | -€21,110 | -4.1% |
| Land and buildings | 22 | €268,427 | €251,067 | -€17,359 | -6.5% |
| Plant, machinery and equipment | 23 | - | €1,142 | +€1,142 | |
| Furniture and vehicles | 24 | €68,146 | €55,215 | -€12,931 | -19.0% |
| Other tangible fixed assets | 26 | €174,135 | €182,173 | +€8,038 | +4.6% |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €155,995 | €104,104 | -€51,891 | -33.3% |
| Amounts receivable within one year | 40/41 | €152,005 | €36,754 | -€115,251 | -75.8% |
| Trade receivables | 40 | €152,005 | €36,754 | -€115,251 | -75.8% |
| Cash at bank and in hand | 54/58 | €3,990 | €67,350 | +€63,360 | +1,588% |
| Total equity and liabilities | 10/49 | €668,052 | €595,052 | -€73,001 | -10.9% |
| Equity | 10/15 | €201,487 | €284,949 | +€83,462 | +41.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €163,989 | €247,451 | +€83,462 | +50.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €162,129 | €245,591 | +€83,462 | +51.5% |
| Profit (loss) carried forward | 14 | €31,298 | €31,298 | = | 0.0% |
| Amounts payable | 17/49 | €466,565 | €310,102 | -€156,463 | -33.5% |
| Amounts payable after more than one year | 17 | €160,072 | €97,077 | -€62,994 | -39.4% |
| Financial debts | 170/4 | €160,072 | €97,077 | -€62,994 | -39.4% |
| Amounts payable within one year | 42/48 | €306,493 | €183,025 | -€123,468 | -40.3% |
| Current portion of amounts payable after more than one year | 42 | €60,938 | €63,024 | +€2,086 | +3.4% |
| Financial debts | 43 | €10,824 | €0 | -€10,824 | -100% |
| Credit institutions | 430/8 | €10,824 | €0 | -€10,824 | -100% |
| Trade debts | 44 | €92,997 | €0 | -€92,997 | -100% |
| Suppliers | 440/4 | €92,997 | €0 | -€92,997 | -100% |
| Advances received on contracts in progress | 46 | €36,300 | €0 | -€36,300 | -100% |
| Taxes, remuneration and social security | 45 | €61,924 | €58,672 | -€3,251 | -5.3% |
| Taxes | 450/3 | €61,924 | €58,672 | -€3,251 | -5.3% |
| Other amounts payable | 47/48 | €43,511 | €61,329 | +€17,818 | +41.0% |
| Accrued charges and deferred income | 492/3 | - | €30,000 | +€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,853 | €36,143 | +€290 | +0.8% |
| Other operating charges | 640/8 | €2,435 | €2,055 | -€381 | -15.6% |
| Gross operating margin | 9900 | €118,321 | €172,292 | +€53,972 | +45.6% |
| Operating profit (loss) | 9901 | €80,032 | €134,095 | +€54,063 | +67.6% |
| Financial income | 75/76B | €2,398 | €81 | -€2,318 | -96.6% |
| Recurring financial income | 75 | €2,398 | €81 | -€2,318 | -96.6% |
| Financial charges | 65/66B | €9,021 | €8,886 | -€135 | -1.5% |
| Recurring financial charges | 65 | €9,021 | €8,886 | -€135 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €73,410 | €125,290 | +€51,880 | +70.7% |
| Income taxes | 67/77 | €26,261 | €41,828 | +€15,567 | +59.3% |
| Profit (loss) for the period | 9904 | €47,149 | €83,462 | +€36,312 | +77.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,149 | €83,462 | +€36,312 | +77.0% |
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 27 October 2026 via checked.be.