ELIOSYS: 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.
ELIOSYS
Largest movements
- Tangible fixed assets -€34,533
down €34,533 (-9.4%), from €368,197 to €333,664
of which Furniture and vehicles: -€45,775
- Intangible fixed assets +€21,367
up €21,367 (+27.2%), from €78,648 to €100,015
- Deferred charges and accrued income -€16,966
down €16,966 (-52.9%), from €32,073 to €15,107
- Profit (loss) carried forward +€119,587
up €119,587 (+28.2%), from €424,286 to €543,873
- Debts after one year -€85,130
down €85,130 (-30.3%), from €281,150 to €196,019
- Tax, wage and social debts -€37,757
down €37,757 (-67.2%), from €56,220 to €18,463
of which Remuneration and social security: -€22,143
- Trade debts -€23,136
down €23,136 (-27.0%), from €85,596 to €62,461
- Gross operating margin +€97,648
up €97,648 (+25.1%), from €389,398 to €487,046
- Staff costs -€36,385
down €36,385 (-12.1%), from €301,639 to €265,254
- Financial income -€11,921
down €11,921 (-96.0%), from €12,420 to €499
- Depreciation +€11,435
up €11,435 (+14.2%), from €80,464 to €91,899
- Write-downs -€6,695
down €6,695, from €0 to -€6,695
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 | €1,216,713 | €1,182,338 | -€34,375 | -2.8% |
| Fixed assets | 21/28 | €451,015 | €437,848 | -€13,166 | -2.9% |
| Intangible fixed assets | 21 | €78,648 | €100,015 | +€21,367 | +27.2% |
| Tangible fixed assets | 22/27 | €368,197 | €333,664 | -€34,533 | -9.4% |
| Land and buildings | 22 | €203,848 | €203,848 | = | 0.0% |
| Plant, machinery and equipment | 23 | €75,451 | €86,947 | +€11,496 | +15.2% |
| Furniture and vehicles | 24 | €87,697 | €41,922 | -€45,775 | -52.2% |
| Other tangible fixed assets | 26 | €1,202 | €947 | -€255 | -21.2% |
| Financial fixed assets | 28 | €4,170 | €4,170 | = | 0.0% |
| Current assets | 29/58 | €765,698 | €744,490 | -€21,208 | -2.8% |
| Amounts receivable within one year | 40/41 | €219,049 | €222,206 | +€3,157 | +1.4% |
| Trade receivables | 40 | €195,763 | €218,139 | +€22,376 | +11.4% |
| Other amounts receivable | 41 | €23,286 | €4,067 | -€19,219 | -82.5% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €414,576 | €407,176 | -€7,400 | -1.8% |
| Deferred charges and accrued income | 490/1 | €32,073 | €15,107 | -€16,966 | -52.9% |
| Total equity and liabilities | 10/49 | €1,216,713 | €1,182,338 | -€34,375 | -2.8% |
| Equity | 10/15 | €685,577 | €804,665 | +€119,088 | +17.4% |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Capital | 10 | €140,000 | €140,000 | = | 0.0% |
| Issued capital | 100 | €140,000 | €140,000 | = | 0.0% |
| Reserves | 13 | €120,040 | €120,040 | = | 0.0% |
| Non-distributable reserves | 130/1 | €114,000 | €114,000 | = | 0.0% |
| Legal reserve | 130 | €14,000 | €14,000 | = | 0.0% |
| Own shares acquired | 1312 | €100,000 | €100,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,040 | €6,040 | = | 0.0% |
| Profit (loss) carried forward | 14 | €424,286 | €543,873 | +€119,587 | +28.2% |
| Investment grants | 15 | €1,251 | €752 | -€499 | -39.9% |
| Amounts payable | 17/49 | €531,135 | €377,672 | -€153,463 | -28.9% |
| Amounts payable after more than one year | 17 | €281,150 | €196,019 | -€85,130 | -30.3% |
| Financial debts | 170/4 | €281,150 | €196,019 | -€85,130 | -30.3% |
| Amounts payable within one year | 42/48 | €249,027 | €180,136 | -€68,891 | -27.7% |
| Current portion of amounts payable after more than one year | 42 | €105,060 | €96,454 | -€8,606 | -8.2% |
| Trade debts | 44 | €85,596 | €62,461 | -€23,136 | -27.0% |
| Suppliers | 440/4 | €85,596 | €62,461 | -€23,136 | -27.0% |
| Taxes, remuneration and social security | 45 | €56,220 | €18,463 | -€37,757 | -67.2% |
| Taxes | 450/3 | €20,189 | €4,574 | -€15,614 | -77.3% |
| Remuneration and social security | 454/9 | €36,031 | €13,888 | -€22,143 | -61.5% |
| Other amounts payable | 47/48 | €2,151 | €2,759 | +€608 | +28.3% |
| Accrued charges and deferred income | 492/3 | €959 | €1,517 | +€558 | +58.1% |
| Remuneration, social security and pensions | 62 | €301,639 | €265,254 | -€36,385 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,464 | €91,899 | +€11,435 | +14.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€6,695 | -€6,695 | |
| Other operating charges | 640/8 | €3,338 | €9,159 | +€5,822 | +174.4% |
| Non-recurring operating charges | 66A | €775 | €1,128 | +€353 | +45.5% |
| Gross operating margin | 9900 | €389,398 | €487,046 | +€97,648 | +25.1% |
| Operating profit (loss) | 9901 | €3,183 | €126,301 | +€123,118 | +3868.0% |
| Financial income | 75/76B | €12,420 | €499 | -€11,921 | -96.0% |
| Recurring financial income | 75 | €12,420 | €499 | -€11,921 | -96.0% |
| Financial charges | 65/66B | €8,351 | €8,674 | +€323 | +3.9% |
| Recurring financial charges | 65 | €8,351 | €8,674 | +€323 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €7,252 | €118,126 | +€110,874 | +1528.9% |
| Income taxes | 67/77 | -€1,055 | -€1,462 | -€407 | -38.5% |
| Profit (loss) for the period | 9904 | €8,307 | €119,587 | +€111,280 | +1339.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,307 | €119,587 | +€111,280 | +1339.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.