ELISCA: 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.
ELISCA
Largest movements
- Receivables within one year +€5,975
up €5,975 (+275.4%), from €2,169 to €8,144
- Cash +€4,354
up €4,354 (+3334.3%), from €131 to €4,485
mainly Net result for the year (+€212,050) and Trade debts (+€53,196)
- Tangible fixed assets -€1,171
down €1,171 (-35.9%), from €3,260 to €2,089
of which Plant, machinery and equipment: -€1,200
- Profit (loss) carried forward +€212,842
up €212,842 (+26.1%), from -€814,554 to -€601,711
- Provisions -€210,679
no longer reported in 2025 (was €210,679)
- Trade debts +€53,196
up €53,196 (+164.7%), from €32,292 to €85,488
- Other debts -€43,052
down €43,052 (-26.8%), from €160,345 to €117,293
- Tax, wage and social debts -€3,208
down €3,208 (-37.3%), from €8,590 to €5,382
of which Remuneration and social security: -€4,616
- Provisions -€421,358
down €421,358, from €210,679 to -€210,679
- Gross operating margin +€338,981
up €338,981, from -€60,888 to €278,092
- Turnover +€108,519
up €108,519 (+684.3%), from €15,859 to €124,378
- Staff costs +€35,738
up €35,738 (+145.6%), from €24,547 to €60,285
- Purchases and services -€14,601
down €14,601 (-19.0%), from €76,748 to €62,147
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,317 | €65,391 | +€9,074 | +16.1% |
| Fixed assets | 21/28 | €16,233 | €14,814 | -€1,419 | -8.7% |
| Intangible fixed assets | 21 | €973 | €725 | -€248 | -25.5% |
| Tangible fixed assets | 22/27 | €3,260 | €2,089 | -€1,171 | -35.9% |
| Land and buildings | 22 | €702 | €939 | +€237 | +33.8% |
| Plant, machinery and equipment | 23 | €2,350 | €1,150 | -€1,200 | -51.1% |
| Furniture and vehicles | 24 | €208 | - | -€208 | |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €40,084 | €50,577 | +€10,493 | +26.2% |
| Stocks and contracts in progress | 3 | €37,784 | €37,784 | = | 0.0% |
| Stocks | 30/36 | €37,784 | €37,784 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,169 | €8,144 | +€5,975 | +275.4% |
| Trade receivables | 40 | €2,169 | €8,144 | +€5,975 | +275.4% |
| Cash at bank and in hand | 54/58 | €131 | €4,485 | +€4,354 | +3334.3% |
| Deferred charges and accrued income | 490/1 | - | €165 | +€165 | |
| Total equity and liabilities | 10/49 | €56,317 | €65,391 | +€9,074 | +16.1% |
| Equity | 10/15 | -€795,954 | -€583,111 | +€212,842 | +26.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€814,554 | -€601,711 | +€212,842 | +26.1% |
| Provisions and deferred taxes | 16 | €210,679 | - | -€210,679 | |
| Provisions for liabilities and charges | 160/5 | €210,679 | - | -€210,679 | |
| Other liabilities and charges | 164/5 | €210,679 | - | -€210,679 | |
| Amounts payable | 17/49 | €641,591 | €648,503 | +€6,911 | +1.1% |
| Amounts payable after more than one year | 17 | €440,000 | €440,000 | = | 0.0% |
| Financial debts | 170/4 | €440,000 | €440,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €201,591 | €208,503 | +€6,911 | +3.4% |
| Financial debts | 43 | €24 | - | -€24 | |
| Credit institutions | 430/8 | €24 | - | -€24 | |
| Trade debts | 44 | €32,292 | €85,488 | +€53,196 | +164.7% |
| Suppliers | 440/4 | €32,292 | €85,488 | +€53,196 | +164.7% |
| Advances received on contracts in progress | 46 | €339 | €339 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €8,590 | €5,382 | -€3,208 | -37.3% |
| Taxes | 450/3 | €1,495 | €2,903 | +€1,408 | +94.2% |
| Remuneration and social security | 454/9 | €7,096 | €2,480 | -€4,616 | -65.1% |
| Other amounts payable | 47/48 | €160,345 | €117,293 | -€43,052 | -26.8% |
| Turnover | 70 | €15,859 | €124,378 | +€108,519 | +684.3% |
| Non-recurring operating income | 76A | - | €215,860 | +€215,860 | |
| Goods, raw materials, services and sundry goods | 60/61 | €76,748 | €62,147 | -€14,601 | -19.0% |
| Remuneration, social security and pensions | 62 | €24,547 | €60,285 | +€35,738 | +145.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,950 | €2,268 | -€2,682 | -54.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €210,679 | -€210,679 | -€421,358 | |
| Other operating charges | 640/8 | €2,761 | €2,186 | -€574 | -20.8% |
| Non-recurring operating charges | 66A | - | €210,679 | +€210,679 | |
| Gross operating margin | 9900 | -€60,888 | €278,092 | +€338,981 | |
| Operating profit (loss) | 9901 | -€303,825 | €213,353 | +€517,178 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,683 | €1,199 | -€484 | -28.8% |
| Recurring financial charges | 65 | €1,683 | €1,199 | -€484 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | -€305,508 | €212,153 | +€517,661 | |
| Income taxes | 67/77 | €125 | €104 | -€21 | -16.8% |
| Profit (loss) for the period | 9904 | -€305,633 | €212,050 | +€517,682 | |
| Profit (loss) for the period to be appropriated | 9905 | -€305,633 | €212,050 | +€517,682 |
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 3 October 2026 via checked.be.