ELIEKO: 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.
ELIEKO
Largest movements
- Stocks and contracts -€156,118
down €156,118 (-63.2%), from €246,988 to €90,870
of which Contracts in progress: -€142,688
- Receivables within one year -€71,532
down €71,532 (-23.0%), from €311,246 to €239,714
of which Trade receivables: -€43,841
- Tangible fixed assets -€17,426
down €17,426 (-39.3%), from €44,307 to €26,880
of which Furniture and vehicles: -€16,342
- Cash +€15,652
up €15,652 (+101.9%), from €15,353 to €31,005
mainly Stocks and contracts (+€156,118) and Receivables within one year (+€71,532)
- Trade debts -€239,833
down €239,833 (-92.5%), from €259,406 to €19,573
- Profit (loss) carried forward +€23,064
up €23,064 (+14.4%), from €159,983 to €183,047
- Other debts -€22,493
down €22,493 (-23.4%), from €95,958 to €73,466
- Tax, wage and social debts +€14,825
up €14,825 (+46.1%), from €32,179 to €47,004
of which Taxes: +€10,960
- Debts after one year -€6,407
no longer reported in 2025 (was €6,407)
- Staff costs +€75,204
up €75,204 (+9.8%), from €770,044 to €845,248
- Gross operating margin +€54,424
up €54,424 (+6.3%), from €857,475 to €911,898
- Financial charges -€12,246
down €12,246 (-57.5%), from €21,312 to €9,067
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 | €630,013 | €394,514 | -€235,500 | -37.4% |
| Fixed assets | 21/28 | €45,342 | €27,916 | -€17,426 | -38.4% |
| Tangible fixed assets | 22/27 | €44,307 | €26,880 | -€17,426 | -39.3% |
| Land and buildings | 22 | €211 | - | -€211 | |
| Plant, machinery and equipment | 23 | €3,998 | €3,125 | -€873 | -21.8% |
| Furniture and vehicles | 24 | €40,097 | €23,755 | -€16,342 | -40.8% |
| Financial fixed assets | 28 | €1,036 | €1,036 | = | 0.0% |
| Current assets | 29/58 | €584,671 | €366,598 | -€218,073 | -37.3% |
| Stocks and contracts in progress | 3 | €246,988 | €90,870 | -€156,118 | -63.2% |
| Stocks | 30/36 | €49,300 | €35,870 | -€13,430 | -27.2% |
| Contracts in progress | 37 | €197,688 | €55,000 | -€142,688 | -72.2% |
| Amounts receivable within one year | 40/41 | €311,246 | €239,714 | -€71,532 | -23.0% |
| Trade receivables | 40 | €256,147 | €212,305 | -€43,841 | -17.1% |
| Other amounts receivable | 41 | €55,099 | €27,409 | -€27,691 | -50.3% |
| Cash at bank and in hand | 54/58 | €15,353 | €31,005 | +€15,652 | +101.9% |
| Deferred charges and accrued income | 490/1 | €11,084 | €5,008 | -€6,076 | -54.8% |
| Total equity and liabilities | 10/49 | €630,013 | €394,514 | -€235,500 | -37.4% |
| Equity | 10/15 | €180,443 | €203,507 | +€23,064 | +12.8% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €159,983 | €183,047 | +€23,064 | +14.4% |
| Amounts payable | 17/49 | €449,571 | €191,007 | -€258,564 | -57.5% |
| Amounts payable after more than one year | 17 | €6,407 | - | -€6,407 | |
| Financial debts | 170/4 | €6,407 | - | -€6,407 | |
| Amounts payable within one year | 42/48 | €443,163 | €191,007 | -€252,157 | -56.9% |
| Current portion of amounts payable after more than one year | 42 | €55,620 | €50,963 | -€4,657 | -8.4% |
| Trade debts | 44 | €259,406 | €19,573 | -€239,833 | -92.5% |
| Suppliers | 440/4 | €259,406 | €19,573 | -€239,833 | -92.5% |
| Taxes, remuneration and social security | 45 | €32,179 | €47,004 | +€14,825 | +46.1% |
| Taxes | 450/3 | €4,698 | €15,658 | +€10,960 | +233.3% |
| Remuneration and social security | 454/9 | €27,481 | €31,346 | +€3,865 | +14.1% |
| Other amounts payable | 47/48 | €95,958 | €73,466 | -€22,493 | -23.4% |
| Non-recurring operating income | 76A | - | €4,257 | +€4,257 | |
| Remuneration, social security and pensions | 62 | €770,044 | €845,248 | +€75,204 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,785 | €18,113 | -€8,671 | -32.4% |
| Other operating charges | 640/8 | €1,599 | €1,642 | +€42 | +2.6% |
| Gross operating margin | 9900 | €857,475 | €911,898 | +€54,424 | +6.3% |
| Operating profit (loss) | 9901 | €59,047 | €46,896 | -€12,152 | -20.6% |
| Financial income | 75/76B | - | €893 | +€893 | |
| Recurring financial income | 75 | - | €893 | +€893 | |
| Financial charges | 65/66B | €21,312 | €9,067 | -€12,246 | -57.5% |
| Recurring financial charges | 65 | €21,312 | €9,067 | -€12,246 | -57.5% |
| Profit (loss) for the period before taxes | 9903 | €37,735 | €38,722 | +€988 | +2.6% |
| Income taxes | 67/77 | €14,698 | €15,658 | +€960 | +6.5% |
| Profit (loss) for the period | 9904 | €23,037 | €23,064 | +€27 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,037 | €23,064 | +€27 | +0.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.