ELILIE: 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.
ELILIE
Largest movements
- Tangible fixed assets +€76,518
up €76,518 (+43.7%), from €175,125 to €251,642
of which Plant, machinery and equipment: +€46,039
- Receivables within one year +€26,499
up €26,499 (+60.9%), from €43,509 to €70,008
- Cash -€22,367
down €22,367 (-35.8%), from €62,437 to €40,070
mainly Investment in fixed assets (net) (-€121,689) and Other debts (-€50,000)
- Stocks and contracts +€18,852
up €18,852 (+308%), from €6,130 to €24,982
- Intangible fixed assets -€17,600
down €17,600 (-14.4%), from €122,081 to €104,481
- Other debts -€50,000
no longer reported in 2025 (was €50,000)
- Debts after one year +€45,519
up €45,519 (+25.3%), from €179,875 to €225,394
- Trade debts +€42,312
up €42,312 (+83.7%), from €50,569 to €92,881
- Current portion of long-term debt +€30,828
up €30,828 (+56.2%), from €54,877 to €85,705
- Reserves +€12,100
up €12,100 (+15.4%), from €78,400 to €90,500
- Staff costs +€48,632
up €48,632 (+26.3%), from €185,094 to €233,726
- Depreciation +€12,367
up €12,367 (+24.5%), from €50,404 to €62,771
- Gross operating margin +€10,967
up €10,967 (+3.3%), from €328,839 to €339,807
- Financial charges +€3,841
up €3,841 (+22.9%), from €16,758 to €20,599
- Other operating charges +€3,429
up €3,429 (+74.4%), from €4,608 to €8,037
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 | €433,697 | €517,472 | +€83,775 | +19.3% |
| Fixed assets | 21/28 | €321,056 | €379,974 | +€58,918 | +18.4% |
| Intangible fixed assets | 21 | €122,081 | €104,481 | -€17,600 | -14.4% |
| Tangible fixed assets | 22/27 | €175,125 | €251,642 | +€76,518 | +43.7% |
| Plant, machinery and equipment | 23 | €111,051 | €157,089 | +€46,039 | +41.5% |
| Furniture and vehicles | 24 | €64,074 | €94,553 | +€30,479 | +47.6% |
| Financial fixed assets | 28 | €23,850 | €23,850 | = | 0.0% |
| Current assets | 29/58 | €112,641 | €137,499 | +€24,858 | +22.1% |
| Stocks and contracts in progress | 3 | €6,130 | €24,982 | +€18,852 | +308% |
| Stocks | 30/36 | €6,130 | €24,982 | +€18,852 | +308% |
| Amounts receivable within one year | 40/41 | €43,509 | €70,008 | +€26,499 | +60.9% |
| Other amounts receivable | 41 | €43,509 | €70,008 | +€26,499 | +60.9% |
| Cash at bank and in hand | 54/58 | €62,437 | €40,070 | -€22,367 | -35.8% |
| Deferred charges and accrued income | 490/1 | €565 | €2,439 | +€1,874 | +331% |
| Total equity and liabilities | 10/49 | €433,697 | €517,472 | +€83,775 | +19.3% |
| Equity | 10/15 | €81,582 | €93,746 | +€12,164 | +14.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €78,400 | €90,500 | +€12,100 | +15.4% |
| Distributable reserves | 133 | €78,400 | €90,500 | +€12,100 | +15.4% |
| Profit (loss) carried forward | 14 | €182 | €246 | +€64 | +35.4% |
| Amounts payable | 17/49 | €352,115 | €423,726 | +€71,611 | +20.3% |
| Amounts payable after more than one year | 17 | €179,875 | €225,394 | +€45,519 | +25.3% |
| Financial debts | 170/4 | €179,875 | €225,394 | +€45,519 | +25.3% |
| Amounts payable within one year | 42/48 | €172,240 | €198,332 | +€26,092 | +15.1% |
| Current portion of amounts payable after more than one year | 42 | €54,877 | €85,705 | +€30,828 | +56.2% |
| Trade debts | 44 | €50,569 | €92,881 | +€42,312 | +83.7% |
| Suppliers | 440/4 | €50,569 | €92,881 | +€42,312 | +83.7% |
| Taxes, remuneration and social security | 45 | €16,794 | €19,746 | +€2,952 | +17.6% |
| Taxes | 450/3 | €6,680 | €1,210 | -€5,470 | -81.9% |
| Remuneration and social security | 454/9 | €10,114 | €18,536 | +€8,422 | +83.3% |
| Other amounts payable | 47/48 | €50,000 | - | -€50,000 | |
| Remuneration, social security and pensions | 62 | €185,094 | €233,726 | +€48,632 | +26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,404 | €62,771 | +€12,367 | +24.5% |
| Other operating charges | 640/8 | €4,608 | €8,037 | +€3,429 | +74.4% |
| Gross operating margin | 9900 | €328,839 | €339,807 | +€10,967 | +3.3% |
| Operating profit (loss) | 9901 | €88,733 | €35,273 | -€53,460 | -60.2% |
| Financial income | 75/76B | €606 | €2,870 | +€2,264 | +374% |
| Recurring financial income | 75 | €606 | €2,870 | +€2,264 | +374% |
| Financial charges | 65/66B | €16,758 | €20,599 | +€3,841 | +22.9% |
| Recurring financial charges | 65 | €16,758 | €20,599 | +€3,841 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | €72,580 | €17,543 | -€55,037 | -75.8% |
| Income taxes | 67/77 | €6,703 | €5,379 | -€1,324 | -19.8% |
| Profit (loss) for the period | 9904 | €65,877 | €12,164 | -€53,713 | -81.5% |
| Profit (loss) for the period to be appropriated | 9905 | €65,877 | €12,164 | -€53,713 | -81.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.