ELIOS: 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.
ELIOS
Largest movements
- Tangible fixed assets -€45,904
down €45,904 (-5.3%), from €870,537 to €824,632
of which Land and buildings: -€45,328
- Cash +€21,829
up €21,829 (+72.9%), from €29,956 to €51,786
mainly Depreciation (+€52,739) and Trade debts (+€9,671)
- Reserves -€18,313
down €18,313 (-5.0%), from €366,914 to €348,601
of which Tax-exempt reserves: -€18,313
- Profit (loss) carried forward -€11,167
down €11,167 (-3.5%), from €318,997 to €307,830
- Provisions -€11,008
down €11,008 (-6.0%), from €183,915 to €172,907
of which Deferred taxes: -€11,008
- Trade debts +€9,671
up €9,671 (+57.5%), from €16,827 to €26,498
- Gross operating margin +€17,883
up €17,883 (+223%), from €8,005 to €25,887
- Other operating charges +€1,387
up €1,387 (+11.4%), from €12,205 to €13,592
- Depreciation +€1,078
up €1,078 (+2.1%), from €51,661 to €52,739
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 | €923,172 | €892,272 | -€30,900 | -3.3% |
| Fixed assets | 21/28 | €870,537 | €824,632 | -€45,904 | -5.3% |
| Tangible fixed assets | 22/27 | €870,537 | €824,632 | -€45,904 | -5.3% |
| Land and buildings | 22 | €869,960 | €824,632 | -€45,328 | -5.2% |
| Furniture and vehicles | 24 | €577 | - | -€577 | |
| Current assets | 29/58 | €52,635 | €67,640 | +€15,005 | +28.5% |
| Amounts receivable within one year | 40/41 | €7,000 | - | -€7,000 | |
| Other amounts receivable | 41 | €7,000 | - | -€7,000 | |
| Current investments | 50/53 | €13,146 | €13,209 | +€63 | +0.5% |
| Cash at bank and in hand | 54/58 | €29,956 | €51,786 | +€21,829 | +72.9% |
| Deferred charges and accrued income | 490/1 | €2,532 | €2,645 | +€112 | +4.4% |
| Total equity and liabilities | 10/49 | €923,172 | €892,272 | -€30,900 | -3.3% |
| Equity | 10/15 | €704,510 | €675,030 | -€29,480 | -4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €366,914 | €348,601 | -€18,313 | -5.0% |
| Non-distributable reserves | 130/1 | €3,045 | €3,045 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,045 | €3,045 | = | 0.0% |
| Tax-exempt reserves | 132 | €201,175 | €182,862 | -€18,313 | -9.1% |
| Distributable reserves | 133 | €162,694 | €162,694 | = | 0.0% |
| Profit (loss) carried forward | 14 | €318,997 | €307,830 | -€11,167 | -3.5% |
| Provisions and deferred taxes | 16 | €183,915 | €172,907 | -€11,008 | -6.0% |
| Provisions for liabilities and charges | 160/5 | €61,230 | €61,230 | = | 0.0% |
| Other liabilities and charges | 164/5 | €61,230 | €61,230 | = | 0.0% |
| Deferred taxes | 168 | €122,685 | €111,677 | -€11,008 | -9.0% |
| Amounts payable | 17/49 | €34,747 | €44,335 | +€9,589 | +27.6% |
| Amounts payable after more than one year | 17 | €10,730 | €10,730 | = | 0.0% |
| Other amounts payable | 178/9 | €10,730 | €10,730 | = | 0.0% |
| Amounts payable within one year | 42/48 | €24,017 | €33,605 | +€9,589 | +39.9% |
| Trade debts | 44 | €16,827 | €26,498 | +€9,671 | +57.5% |
| Suppliers | 440/4 | €16,827 | €26,498 | +€9,671 | +57.5% |
| Taxes, remuneration and social security | 45 | €233 | €43 | -€189 | -81.4% |
| Taxes | 450/3 | €233 | €43 | -€189 | -81.4% |
| Other amounts payable | 47/48 | €6,957 | €7,064 | +€107 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,661 | €52,739 | +€1,078 | +2.1% |
| Other operating charges | 640/8 | €12,205 | €13,592 | +€1,387 | +11.4% |
| Gross operating margin | 9900 | €8,005 | €25,887 | +€17,883 | +223% |
| Operating profit (loss) | 9901 | -€55,861 | -€40,443 | +€15,418 | +27.6% |
| Financial income | 75/76B | €49 | €104 | +€55 | +113% |
| Recurring financial income | 75 | €49 | €104 | +€55 | +113% |
| Financial charges | 65/66B | €129 | €120 | -€9 | -7.0% |
| Recurring financial charges | 65 | €129 | €120 | -€9 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | -€55,942 | -€40,460 | +€15,482 | +27.7% |
| Transfer from deferred taxes | 780 | €11,008 | €11,008 | = | 0.0% |
| Income taxes | 67/77 | €0 | €28 | +€28 | +9,721% |
| Profit (loss) for the period | 9904 | -€44,934 | -€29,480 | +€15,454 | +34.4% |
| Transfer from tax-exempt reserves | 789 | €18,313 | €18,313 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,621 | -€11,167 | +€15,454 | +58.1% |
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 14 October 2026 via checked.be.