ELIOT SA: 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.
ELIOT SA
Largest movements
- Stocks and contracts -€62,405
down €62,405 (-25.1%), from €248,805 to €186,400
- Receivables within one year +€38,603
up €38,603 (+46.1%), from €83,807 to €122,410
of which Other amounts receivable: +€58,383
- Cash +€7,733
up €7,733 (+3.0%), from €253,591 to €261,324
mainly Trade debts (+€121,458) and Stocks and contracts (+€62,405)
- Trade debts +€121,458
up €121,458 (+45.7%), from €265,963 to €387,421
- Accrued charges and deferred income -€107,565
no longer reported in 2024 (was €107,565)
- Tax, wage and social debts -€36,966
down €36,966 (-45.8%), from €80,666 to €43,700
of which Taxes: -€34,911
- Other operating charges +€30,224
up €30,224 (+1656.1%), from €1,825 to €32,049
- Gross operating margin -€20,510
down €20,510 (-5.3%), from €387,649 to €367,139
- Financial charges +€14,611
up €14,611 (+106.8%), from €13,677 to €28,288
- Staff costs -€12,682
down €12,682 (-4.3%), from €298,087 to €285,405
- Taxes -€11,935
down €11,935 (-71.8%), from €16,626 to €4,691
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €657,120 | €635,452 | -€21,668 | -3.3% |
| Fixed assets | 21/28 | €56,161 | €55,825 | -€336 | -0.6% |
| Tangible fixed assets | 22/27 | €45,938 | €45,602 | -€336 | -0.7% |
| Plant, machinery and equipment | 23 | €4,470 | €2,640 | -€1,830 | -40.9% |
| Furniture and vehicles | 24 | €41,468 | €42,962 | +€1,494 | +3.6% |
| Financial fixed assets | 28 | €10,223 | €10,223 | +€0 | 0.0% |
| Current assets | 29/58 | €600,959 | €579,627 | -€21,332 | -3.5% |
| Stocks and contracts in progress | 3 | €248,805 | €186,400 | -€62,405 | -25.1% |
| Stocks | 30/36 | €248,805 | €186,400 | -€62,405 | -25.1% |
| Amounts receivable within one year | 40/41 | €83,807 | €122,410 | +€38,603 | +46.1% |
| Trade receivables | 40 | €29,549 | €9,769 | -€19,780 | -66.9% |
| Other amounts receivable | 41 | €54,258 | €112,641 | +€58,383 | +107.6% |
| Cash at bank and in hand | 54/58 | €253,591 | €261,324 | +€7,733 | +3.0% |
| Deferred charges and accrued income | 490/1 | €14,756 | €9,494 | -€5,262 | -35.7% |
| Total equity and liabilities | 10/49 | €657,120 | €635,452 | -€21,668 | -3.3% |
| Equity | 10/15 | €202,856 | €204,331 | +€1,475 | +0.7% |
| Contributions | 10/11 | €190,000 | €190,000 | = | 0.0% |
| Capital | 10 | €190,000 | €190,000 | = | 0.0% |
| Issued capital | 100 | €190,000 | €190,000 | = | 0.0% |
| Reserves | 13 | €19,482 | €19,482 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €19,000 | €19,000 | = | 0.0% |
| Legal reserve | 130 | €19,000 | €19,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €482 | €482 | +€0 | +0.1% |
| Profit (loss) carried forward | 14 | -€6,626 | -€5,151 | +€1,475 | +22.3% |
| Amounts payable | 17/49 | €454,264 | €431,120 | -€23,144 | -5.1% |
| Amounts payable within one year | 42/48 | €346,699 | €431,120 | +€84,421 | +24.4% |
| Financial debts | 43 | €70 | - | -€70 | |
| Credit institutions | 430/8 | €70 | - | -€70 | |
| Trade debts | 44 | €265,963 | €387,421 | +€121,458 | +45.7% |
| Suppliers | 440/4 | €265,963 | €387,421 | +€121,458 | +45.7% |
| Taxes, remuneration and social security | 45 | €80,666 | €43,700 | -€36,966 | -45.8% |
| Taxes | 450/3 | €39,602 | €4,691 | -€34,911 | -88.2% |
| Remuneration and social security | 454/9 | €41,064 | €39,009 | -€2,055 | -5.0% |
| Accrued charges and deferred income | 492/3 | €107,565 | - | -€107,565 | |
| Remuneration, social security and pensions | 62 | €298,087 | €285,405 | -€12,682 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,944 | €15,586 | +€7,642 | +96.2% |
| Other operating charges | 640/8 | €1,825 | €32,049 | +€30,224 | +1656.1% |
| Gross operating margin | 9900 | €387,649 | €367,139 | -€20,510 | -5.3% |
| Operating profit (loss) | 9901 | €79,793 | €34,099 | -€45,694 | -57.3% |
| Financial income | 75/76B | €1,042 | €355 | -€687 | -66.0% |
| Recurring financial income | 75 | €1,042 | €355 | -€687 | -66.0% |
| Financial charges | 65/66B | €13,677 | €28,288 | +€14,611 | +106.8% |
| Recurring financial charges | 65 | €13,677 | €28,288 | +€14,611 | +106.8% |
| Profit (loss) for the period before taxes | 9903 | €67,158 | €6,167 | -€60,991 | -90.8% |
| Income taxes | 67/77 | €16,626 | €4,691 | -€11,935 | -71.8% |
| Profit (loss) for the period | 9904 | €50,532 | €1,476 | -€49,056 | -97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,532 | €1,476 | -€49,056 | -97.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2023 and 31 January 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.