Elira Developments: 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.
Elira Developments
Largest movements
- Receivables after one year +€149,309
up €149,309 (+15.2%), from €983,436 to €1.1m
- Cash -€12,487
down €12,487 (-73.4%), from €17,007 to €4,521
mainly Receivables after one year (-€149,309) and Net result for the year (-€12,554)
- Debts after one year +€149,686
up €149,686 (+15.3%), from €976,978 to €1.1m
- Profit (loss) carried forward -€12,554
down €12,554 (-66.6%), from -€18,860 to -€31,414
- Financial income -€14,127
down €14,127 (-16.9%), from €83,436 to €69,309
- Gross operating margin +€12,783
up €12,783 (+53.5%), from -€23,892 to -€11,109
- Financial charges -€7,519
down €7,519 (-9.7%), from €77,478 to €69,960
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 | €1,004,872 | €1,141,020 | +€136,148 | +13.5% |
| Formation expenses | 20 | €910 | €634 | -€276 | -30.3% |
| Fixed assets | 21/28 | €3,519 | €3,120 | -€399 | -11.3% |
| Intangible fixed assets | 21 | €859 | €460 | -€399 | -46.4% |
| Financial fixed assets | 28 | €2,660 | €2,660 | = | 0.0% |
| Current assets | 29/58 | €1,000,443 | €1,137,266 | +€136,823 | +13.7% |
| Amounts receivable after more than one year | 29 | €983,436 | €1,132,745 | +€149,309 | +15.2% |
| Other amounts receivable | 291 | €983,436 | €1,132,745 | +€149,309 | +15.2% |
| Cash at bank and in hand | 54/58 | €17,007 | €4,521 | -€12,487 | -73.4% |
| Total equity and liabilities | 10/49 | €1,004,872 | €1,141,020 | +€136,148 | +13.5% |
| Equity | 10/15 | €26,140 | €13,586 | -€12,554 | -48.0% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,860 | -€31,414 | -€12,554 | -66.6% |
| Amounts payable | 17/49 | €978,732 | €1,127,434 | +€148,702 | +15.2% |
| Amounts payable after more than one year | 17 | €976,978 | €1,126,664 | +€149,686 | +15.3% |
| Financial debts | 170/4 | €976,978 | €1,126,664 | +€149,686 | +15.3% |
| Amounts payable within one year | 42/48 | €1,754 | €770 | -€984 | -56.1% |
| Trade debts | 44 | €1,754 | €770 | -€984 | -56.1% |
| Suppliers | 440/4 | €1,754 | €770 | -€984 | -56.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €807 | €675 | -€133 | -16.4% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€23,892 | -€11,109 | +€12,783 | +53.5% |
| Operating profit (loss) | 9901 | -€24,817 | -€11,904 | +€12,913 | +52.0% |
| Financial income | 75/76B | €83,436 | €69,309 | -€14,127 | -16.9% |
| Recurring financial income | 75 | €83,436 | €69,309 | -€14,127 | -16.9% |
| Financial charges | 65/66B | €77,478 | €69,960 | -€7,519 | -9.7% |
| Recurring financial charges | 65 | €77,478 | €69,960 | -€7,519 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | -€18,860 | -€12,554 | +€6,305 | +33.4% |
| Profit (loss) for the period | 9904 | -€18,860 | -€12,554 | +€6,305 | +33.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,860 | -€12,554 | +€6,305 | +33.4% |
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 30 September 2026 via checked.be.