ELIMI: 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.
ELIMI
Largest movements
- Current investments -€6.4m
down €6.4m (-49.0%), from €13.0m to €6.6m
- Financial fixed assets +€5.7m
up €5.7m (+20.1%), from €28.5m to €34.2m
- Cash -€497,510
down €497,510 (-54.4%), from €914,781 to €417,271
mainly Investment in fixed assets (net) (-€5.7m) and Contributions, distributions and other (-€1.0m)
- Trade debts -€849,485
down €849,485 (-100.0%), from €849,605 to €120
- Reserves -€504,883
down €504,883 (-1.1%), from €46.7m to €46.2m
of which Distributable reserves: -€504,883
- Financial income -€60.6m
down €60.6m (-98.6%), from €61.5m to €848,074
of which Non-recurring financial income: -€60.1m
- Gross operating margin -€731,310
down €731,310, from €657,031 to -€74,278
- Taxes -€183,919
down €183,919 (-56.9%), from €323,261 to €139,342
- Financial charges +€133,105
up €133,105 (+11568.6%), from €1,151 to €134,255
of which Financial charges: +€133,105
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 | €47,755,252 | €46,220,459 | -€1.5m | -3.2% |
| Fixed assets | 21/28 | €28,512,339 | €34,233,528 | +€5.7m | +20.1% |
| Financial fixed assets | 28 | €28,512,339 | €34,233,528 | +€5.7m | +20.1% |
| Current assets | 29/58 | €19,242,913 | €11,986,931 | -€7.3m | -37.7% |
| Amounts receivable after more than one year | 29 | €252,721 | €331,229 | +€78,508 | +31.1% |
| Other amounts receivable | 291 | €252,721 | €331,229 | +€78,508 | +31.1% |
| Amounts receivable within one year | 40/41 | €5,050,000 | €4,616,204 | -€433,796 | -8.6% |
| Other amounts receivable | 41 | €5,050,000 | €4,616,204 | -€433,796 | -8.6% |
| Current investments | 50/53 | €12,971,301 | €6,617,675 | -€6.4m | -49.0% |
| Cash at bank and in hand | 54/58 | €914,781 | €417,271 | -€497,510 | -54.4% |
| Deferred charges and accrued income | 490/1 | €54,110 | €4,552 | -€49,559 | -91.6% |
| Total equity and liabilities | 10/49 | €47,755,252 | €46,220,459 | -€1.5m | -3.2% |
| Equity | 10/15 | €46,715,331 | €46,210,448 | -€504,883 | -1.1% |
| Contributions | 10/11 | €41,835 | €41,835 | = | 0.0% |
| Reserves | 13 | €46,673,496 | €46,168,613 | -€504,883 | -1.1% |
| Tax-exempt reserves | 132 | €1,410 | €1,410 | = | 0.0% |
| Distributable reserves | 133 | €46,672,086 | €46,167,203 | -€504,883 | -1.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,039,921 | €10,011 | -€1.0m | -99.0% |
| Amounts payable within one year | 42/48 | €1,039,921 | €7,120 | -€1.0m | -99.3% |
| Trade debts | 44 | €849,605 | €120 | -€849,485 | -100.0% |
| Suppliers | 440/4 | €849,605 | €120 | -€849,485 | -100.0% |
| Taxes, remuneration and social security | 45 | €180,000 | €7,000 | -€173,000 | -96.1% |
| Taxes | 450/3 | €180,000 | €7,000 | -€173,000 | -96.1% |
| Other amounts payable | 47/48 | €10,316 | €0 | -€10,316 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €2,891 | +€2,891 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Other operating charges | 640/8 | €227 | €5,081 | +€4,854 | +2138.3% |
| Non-recurring operating charges | 66A | €119,058 | - | -€119,058 | |
| Gross operating margin | 9900 | €657,031 | -€74,278 | -€731,310 | |
| Operating profit (loss) | 9901 | €537,746 | -€79,359 | -€617,106 | |
| Financial income | 75/76B | €61,465,737 | €848,074 | -€60.6m | -98.6% |
| Recurring financial income | 75 | €1,366,690 | €848,074 | -€518,616 | -37.9% |
| Non-recurring financial income | 76B | €60,099,047 | - | -€60.1m | |
| Financial charges | 65/66B | €1,151 | €134,255 | +€133,105 | +11568.6% |
| Recurring financial charges | 65 | €1,151 | €134,255 | +€133,105 | +11568.6% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €62,002,332 | €634,459 | -€61.4m | -99.0% |
| Income taxes | 67/77 | €323,261 | €139,342 | -€183,919 | -56.9% |
| Profit (loss) for the period | 9904 | €61,679,071 | €495,117 | -€61.2m | -99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €61,679,071 | €495,117 | -€61.2m | -99.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.