ELIR2COM: 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.
ELIR2COM
Largest movements
- Tangible fixed assets +€29,825
up €29,825 (+155%), from €19,269 to €49,093
of which Leasing and similar rights: +€32,496
- Cash +€22,368
up €22,368 (+217%), from €10,307 to €32,675
mainly Net result for the year (+€42,726) and Current portion of long-term debt (+€32,496)
- Receivables within one year +€16,457
up €16,457 (+10.3%), from €159,357 to €175,815
of which Other amounts receivable: +€18,902
- Deferred charges and accrued income +€6,522
new in 2024: €6,522
- Reserves +€42,726
up €42,726 (+29.2%), from €146,569 to €189,295
of which Distributable reserves: +€42,726
- Current portion of long-term debt +€32,496
new in 2024: €32,496
- Gross operating margin -€8,481
down €8,481 (-13.5%), from €62,987 to €54,507
- Other operating charges +€2,943
up €2,943 (+494%), from €595 to €3,539
- Financial income +€2,392
up €2,392 (+35.9%), from €6,655 to €9,046
- Financial charges -€2,204
down €2,204 (-85.5%), from €2,578 to €375
- Depreciation -€1,728
down €1,728 (-39.3%), from €4,399 to €2,671
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.
Derived cash bridge
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 | €191,747 | €265,339 | +€73,593 | +38.4% |
| Fixed assets | 21/28 | €19,269 | €49,093 | +€29,825 | +155% |
| Tangible fixed assets | 22/27 | €19,269 | €49,093 | +€29,825 | +155% |
| Land and buildings | 22 | €18,450 | €16,597 | -€1,852 | -10.0% |
| Plant, machinery and equipment | 23 | €819 | - | -€819 | |
| Leasing and similar rights | 25 | - | €32,496 | +€32,496 | |
| Current assets | 29/58 | €172,478 | €216,246 | +€43,768 | +25.4% |
| Stocks and contracts in progress | 3 | €2,814 | €1,235 | -€1,579 | -56.1% |
| Stocks | 30/36 | €2,814 | €1,235 | -€1,579 | -56.1% |
| Amounts receivable within one year | 40/41 | €159,357 | €175,815 | +€16,457 | +10.3% |
| Trade receivables | 40 | €9,395 | €6,951 | -€2,444 | -26.0% |
| Other amounts receivable | 41 | €149,962 | €168,864 | +€18,902 | +12.6% |
| Cash at bank and in hand | 54/58 | €10,307 | €32,675 | +€22,368 | +217% |
| Deferred charges and accrued income | 490/1 | - | €6,522 | +€6,522 | |
| Total equity and liabilities | 10/49 | €191,747 | €265,339 | +€73,593 | +38.4% |
| Equity | 10/15 | €165,169 | €207,895 | +€42,726 | +25.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €146,569 | €189,295 | +€42,726 | +29.2% |
| 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 | €144,709 | €187,435 | +€42,726 | +29.5% |
| Amounts payable | 17/49 | €26,578 | €57,445 | +€30,866 | +116% |
| Amounts payable within one year | 42/48 | €26,578 | €57,445 | +€30,866 | +116% |
| Current portion of amounts payable after more than one year | 42 | - | €32,496 | +€32,496 | |
| Trade debts | 44 | €406 | €1,253 | +€847 | +209% |
| Suppliers | 440/4 | €406 | €1,253 | +€847 | +209% |
| Taxes, remuneration and social security | 45 | €26,173 | €23,696 | -€2,477 | -9.5% |
| Taxes | 450/3 | €26,173 | €23,696 | -€2,477 | -9.5% |
| Remuneration, social security and pensions | 62 | €167 | - | -€167 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,399 | €2,671 | -€1,728 | -39.3% |
| Other operating charges | 640/8 | €595 | €3,539 | +€2,943 | +494% |
| Gross operating margin | 9900 | €62,987 | €54,507 | -€8,481 | -13.5% |
| Operating profit (loss) | 9901 | €57,826 | €48,297 | -€9,529 | -16.5% |
| Financial income | 75/76B | €6,655 | €9,046 | +€2,392 | +35.9% |
| Recurring financial income | 75 | €6,655 | €9,046 | +€2,392 | +35.9% |
| Financial charges | 65/66B | €2,578 | €375 | -€2,204 | -85.5% |
| Recurring financial charges | 65 | €2,578 | €375 | -€2,204 | -85.5% |
| Profit (loss) for the period before taxes | 9903 | €61,902 | €56,969 | -€4,934 | -8.0% |
| Income taxes | 67/77 | €15,476 | €14,242 | -€1,233 | -8.0% |
| Profit (loss) for the period | 9904 | €46,427 | €42,726 | -€3,700 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,427 | €42,726 | -€3,700 | -8.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.