Elidi: 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.
Elidi
Largest movements
- Tangible fixed assets -€19,678
down €19,678 (-17.7%), from €111,232 to €91,554
of which Leasing and similar rights: -€11,600
- Receivables within one year -€8,331
down €8,331 (-45.0%), from €18,529 to €10,198
of which Other amounts receivable: -€7,871
- Cash -€7,964
down €7,964 (-3.9%), from €203,615 to €195,650
mainly Net result for the year (-€10,136) and Other debts (-€9,839)
- Profit (loss) carried forward -€10,136
new in 2025: -€10,136
- Other debts -€9,839
down €9,839 (-21.0%), from €46,789 to €36,950
- Tax, wage and social debts -€8,587
down €8,587 (-51.9%), from €16,536 to €7,949
of which Remuneration and social security: -€7,780
- Current portion of long-term debt -€7,056
down €7,056 (-75.1%), from €9,391 to €2,335
- Trade debts +€6,983
up €6,983 (+56.8%), from €12,297 to €19,281
- Gross operating margin -€63,059
down €63,059 (-51.7%), from €122,030 to €58,971
- Staff costs -€26,688
down €26,688 (-42.9%), from €62,244 to €35,556
- Taxes -€5,311
no longer reported in 2025 (was €5,311)
- Other operating charges -€4,699
down €4,699 (-56.8%), from €8,269 to €3,570
- Financial charges -€3,086
down €3,086 (-61.0%), from €5,056 to €1,970
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 | €353,125 | €318,759 | -€34,366 | -9.7% |
| Fixed assets | 21/28 | €111,232 | €91,554 | -€19,678 | -17.7% |
| Tangible fixed assets | 22/27 | €111,232 | €91,554 | -€19,678 | -17.7% |
| Land and buildings | 22 | €89,566 | €84,316 | -€5,250 | -5.9% |
| Plant, machinery and equipment | 23 | €7,814 | €4,986 | -€2,828 | -36.2% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Leasing and similar rights | 25 | €13,852 | €2,252 | -€11,600 | -83.7% |
| Current assets | 29/58 | €241,893 | €227,205 | -€14,688 | -6.1% |
| Stocks and contracts in progress | 3 | €13,477 | €12,616 | -€861 | -6.4% |
| Stocks | 30/36 | €13,477 | €12,616 | -€861 | -6.4% |
| Amounts receivable within one year | 40/41 | €18,529 | €10,198 | -€8,331 | -45.0% |
| Trade receivables | 40 | €3,744 | €3,284 | -€460 | -12.3% |
| Other amounts receivable | 41 | €14,785 | €6,914 | -€7,871 | -53.2% |
| Cash at bank and in hand | 54/58 | €203,615 | €195,650 | -€7,964 | -3.9% |
| Deferred charges and accrued income | 490/1 | €6,272 | €8,740 | +€2,468 | +39.4% |
| Total equity and liabilities | 10/49 | €353,125 | €318,759 | -€34,366 | -9.7% |
| Equity | 10/15 | €262,380 | €252,244 | -€10,136 | -3.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €241,920 | €241,920 | = | 0.0% |
| Distributable reserves | 133 | €241,920 | €241,920 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€10,136 | -€10,136 | |
| Amounts payable | 17/49 | €90,745 | €66,515 | -€24,231 | -26.7% |
| Amounts payable after more than one year | 17 | €3,208 | - | -€3,208 | |
| Financial debts | 170/4 | €3,208 | - | -€3,208 | |
| Amounts payable within one year | 42/48 | €85,014 | €66,515 | -€18,499 | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €9,391 | €2,335 | -€7,056 | -75.1% |
| Trade debts | 44 | €12,297 | €19,281 | +€6,983 | +56.8% |
| Suppliers | 440/4 | €12,297 | €19,281 | +€6,983 | +56.8% |
| Taxes, remuneration and social security | 45 | €16,536 | €7,949 | -€8,587 | -51.9% |
| Taxes | 450/3 | €1,647 | €839 | -€808 | -49.0% |
| Remuneration and social security | 454/9 | €14,889 | €7,110 | -€7,780 | -52.3% |
| Other amounts payable | 47/48 | €46,789 | €36,950 | -€9,839 | -21.0% |
| Accrued charges and deferred income | 492/3 | €2,523 | - | -€2,523 | |
| Remuneration, social security and pensions | 62 | €62,244 | €35,556 | -€26,688 | -42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,368 | €28,010 | +€1,643 | +6.2% |
| Other operating charges | 640/8 | €8,269 | €3,570 | -€4,699 | -56.8% |
| Gross operating margin | 9900 | €122,030 | €58,971 | -€63,059 | -51.7% |
| Operating profit (loss) | 9901 | €25,149 | -€8,166 | -€33,315 | |
| Financial income | 75/76B | €1,180 | €0 | -€1,180 | -100.0% |
| Recurring financial income | 75 | €1,180 | €0 | -€1,180 | -100.0% |
| Financial charges | 65/66B | €5,056 | €1,970 | -€3,086 | -61.0% |
| Recurring financial charges | 65 | €5,056 | €1,970 | -€3,086 | -61.0% |
| Profit (loss) for the period before taxes | 9903 | €21,274 | -€10,136 | -€31,409 | |
| Income taxes | 67/77 | €5,311 | - | -€5,311 | |
| Profit (loss) for the period | 9904 | €15,962 | -€10,136 | -€26,098 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,962 | -€10,136 | -€26,098 |
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 1 October 2026 via checked.be.