ELIOX: 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.
ELIOX
Largest movements
- Cash +€62,696
up €62,696 (+38.5%), from €162,947 to €225,643
mainly Net result for the year (+€74,523) and Trade debts (+€32,005)
- Receivables within one year -€10,364
down €10,364 (-12.9%), from €80,554 to €70,190
of which Trade receivables: -€21,895
- Profit (loss) carried forward +€74,523
up €74,523 (+39.6%), from -€187,989 to -€113,466
- Other debts -€33,608
down €33,608 (-98.8%), from €34,000 to €392
- Trade debts +€32,005
up €32,005 (+71.7%), from €44,661 to €76,666
- Tax, wage and social debts -€26,694
down €26,694 (-9.9%), from €270,358 to €243,663
of which Remuneration and social security: -€48,934
- Current portion of long-term debt +€5,271
up €5,271 (+12.1%), from €43,409 to €48,680
- Gross operating margin +€116,562
up €116,562 (+5.8%), from €2.0m to €2.1m
- Taxes +€41,878
up €41,878 (+12282.0%), from €341 to €42,219
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 | €246,549 | €298,045 | +€51,497 | +20.9% |
| Fixed assets | 21/28 | €3,048 | €2,213 | -€835 | -27.4% |
| Tangible fixed assets | 22/27 | €1,828 | €993 | -€835 | -45.7% |
| Furniture and vehicles | 24 | €1,828 | €993 | -€835 | -45.7% |
| Financial fixed assets | 28 | €1,220 | €1,220 | = | 0.0% |
| Current assets | 29/58 | €243,501 | €295,833 | +€52,331 | +21.5% |
| Amounts receivable within one year | 40/41 | €80,554 | €70,190 | -€10,364 | -12.9% |
| Trade receivables | 40 | €21,895 | - | -€21,895 | |
| Other amounts receivable | 41 | €58,659 | €70,190 | +€11,531 | +19.7% |
| Cash at bank and in hand | 54/58 | €162,947 | €225,643 | +€62,696 | +38.5% |
| Total equity and liabilities | 10/49 | €246,549 | €298,045 | +€51,497 | +20.9% |
| Equity | 10/15 | -€145,879 | -€71,356 | +€74,523 | +51.1% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €32,810 | €32,810 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,950 | €30,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€187,989 | -€113,466 | +€74,523 | +39.6% |
| Amounts payable | 17/49 | €392,428 | €369,401 | -€23,027 | -5.9% |
| Amounts payable within one year | 42/48 | €392,428 | €369,401 | -€23,027 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €43,409 | €48,680 | +€5,271 | +12.1% |
| Trade debts | 44 | €44,661 | €76,666 | +€32,005 | +71.7% |
| Suppliers | 440/4 | €44,661 | €76,666 | +€32,005 | +71.7% |
| Taxes, remuneration and social security | 45 | €270,358 | €243,663 | -€26,694 | -9.9% |
| Taxes | 450/3 | - | €22,240 | +€22,240 | |
| Remuneration and social security | 454/9 | €270,358 | €221,423 | -€48,934 | -18.1% |
| Other amounts payable | 47/48 | €34,000 | €392 | -€33,608 | -98.8% |
| Remuneration, social security and pensions | 62 | €2,005,807 | €2,007,915 | +€2,108 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €835 | €835 | = | 0.0% |
| Other operating charges | 640/8 | €1,855 | €767 | -€1,088 | -58.7% |
| Non-recurring operating charges | 66A | - | €175 | +€175 | |
| Gross operating margin | 9900 | €2,013,849 | €2,130,410 | +€116,562 | +5.8% |
| Operating profit (loss) | 9901 | €5,352 | €120,719 | +€115,367 | +2155.6% |
| Financial income | 75/76B | €0 | €106 | +€106 | +39103.7% |
| Recurring financial income | 75 | €0 | €106 | +€106 | +39103.7% |
| Financial charges | 65/66B | €4,468 | €4,083 | -€386 | -8.6% |
| Recurring financial charges | 65 | €4,468 | €4,083 | -€386 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €884 | €116,742 | +€115,858 | +13104.6% |
| Income taxes | 67/77 | €341 | €42,219 | +€41,878 | +12282.0% |
| Profit (loss) for the period | 9904 | €543 | €74,523 | +€73,980 | +13621.0% |
| Profit (loss) for the period to be appropriated | 9905 | €543 | €74,523 | +€73,980 | +13621.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.