ELIOR+: 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.
ELIOR+
Largest movements
- Receivables within one year +€21,716
up €21,716 (+134.6%), from €16,133 to €37,849
- Financial fixed assets +€20,483
new in 2025: €20,483
- Cash -€17,428
down €17,428 (-52.7%), from €33,095 to €15,667
mainly Receivables within one year (-€21,716) and Investment in fixed assets (net) (-€21,308)
- Profit (loss) carried forward +€19,733
up €19,733 (+93.8%), from €21,031 to €40,764
- Other debts +€4,095
up €4,095 (+112.0%), from €3,657 to €7,752
- Trade debts +€927
up €927 (+46.2%), from €2,004 to €2,931
- Gross operating margin -€1,903
down €1,903 (-6.8%), from €28,179 to €26,276
- Other operating charges -€346
no longer reported in 2025 (was €346)
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 | €50,337 | €75,188 | +€24,852 | +49.4% |
| Fixed assets | 21/28 | €1,108 | €21,672 | +€20,564 | +1855.3% |
| Tangible fixed assets | 22/27 | €1,108 | €1,190 | +€81 | +7.3% |
| Furniture and vehicles | 24 | €1,108 | €1,190 | +€81 | +7.3% |
| Financial fixed assets | 28 | - | €20,483 | +€20,483 | |
| Current assets | 29/58 | €49,228 | €53,516 | +€4,288 | +8.7% |
| Amounts receivable within one year | 40/41 | €16,133 | €37,849 | +€21,716 | +134.6% |
| Trade receivables | 40 | €16,133 | €37,849 | +€21,716 | +134.6% |
| Cash at bank and in hand | 54/58 | €33,095 | €15,667 | -€17,428 | -52.7% |
| Total equity and liabilities | 10/49 | €50,337 | €75,188 | +€24,852 | +49.4% |
| Equity | 10/15 | €27,031 | €46,764 | +€19,733 | +73.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,031 | €40,764 | +€19,733 | +93.8% |
| Amounts payable | 17/49 | €23,306 | €28,425 | +€5,119 | +22.0% |
| Amounts payable within one year | 42/48 | €23,306 | €28,425 | +€5,119 | +22.0% |
| Trade debts | 44 | €2,004 | €2,931 | +€927 | +46.2% |
| Suppliers | 440/4 | €2,004 | €2,931 | +€927 | +46.2% |
| Taxes, remuneration and social security | 45 | €17,644 | €17,741 | +€97 | +0.6% |
| Taxes | 450/3 | €17,644 | €17,741 | +€97 | +0.6% |
| Other amounts payable | 47/48 | €3,657 | €7,752 | +€4,095 | +112.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €800 | €744 | -€56 | -6.9% |
| Other operating charges | 640/8 | €346 | - | -€346 | |
| Non-recurring operating charges | 66A | €2 | - | -€2 | |
| Gross operating margin | 9900 | €28,179 | €26,276 | -€1,903 | -6.8% |
| Operating profit (loss) | 9901 | €27,031 | €25,531 | -€1,500 | -5.5% |
| Financial charges | 65/66B | - | €15 | +€15 | |
| Recurring financial charges | 65 | - | €15 | +€15 | |
| Profit (loss) for the period before taxes | 9903 | €27,031 | €25,517 | -€1,515 | -5.6% |
| Income taxes | 67/77 | €6,000 | €5,784 | -€216 | -3.6% |
| Profit (loss) for the period | 9904 | €21,031 | €19,733 | -€1,299 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,031 | €19,733 | -€1,299 | -6.2% |
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 11 October 2026 via checked.be.