Elision: 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.
What changed
Elision
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €1.5m-€285,321
Equity
€4.4m
2024 · €3.6m+€764,214
Cash
€15,855
2024 · €17,314-€1,459
Balance sheet total
€6.0m
2024 · €5.5m+€438,386
Largest movements
Assets
- Receivables within one year +€442,463
up €442,463 (+8.1%), from €5.4m to €5.9m
of which Other amounts receivable: +€470,193
Equity and liabilities
- Reserves +€762,550
up €762,550 (+21.6%), from €3.5m to €4.3m
of which Distributable reserves: +€783,600
- Tax, wage and social debts -€347,692
down €347,692 (-52.3%), from €665,250 to €317,559
of which Taxes: -€320,782
Income statement
- Gross operating margin -€584,575
down €584,575 (-12.8%), from €4.6m to €4.0m
- Turnover -€518,749
down €518,749 (-6.2%), from €8.3m to €7.8m
- Staff costs -€342,779
down €342,779 (-12.6%), from €2.7m to €2.4m
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.
Result 2024
€1.5m
Gross operating margin
-€584,575
Staff costs
+€342,779
Depreciation
+€2,277
Write-downs
-€2,248
Other operating charges
+€3,482
Other operating items
-€500
Financial income
-€14,905
Financial charges
-€26,349
Taxes
-€5,281
Result 2025
€1.2m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€455,829
Investment
-€7,288
Financing
-€450,000
Cash 2024
€17,314
From operations (derived)
+€455,829
Net result for the year
+€1.2m
Depreciation
+€11,340
Receivables within one year
-€442,463
Smaller working-capital items
+€320
Trade debts
-€20,785
Tax, wage and social debts
-€347,692
Advances received
-€9,580
Other debts
+€38,660
Accrued charges and deferred income
+€11,814
Investment (derived)
-€7,288
Investment in fixed assets (net)
-€7,288
Financing
-€450,000
Contributions, distributions and other
-€450,000
Cash 2025
€15,855
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,518,579 | €5,956,965 | +€438,386 | +7.9% |
| Fixed assets | 21/28 | €26,393 | €22,341 | -€4,052 | -15.4% |
| Tangible fixed assets | 22/27 | €26,393 | €22,341 | -€4,052 | -15.4% |
| Plant, machinery and equipment | 23 | €26,393 | €22,341 | -€4,052 | -15.4% |
| Current assets | 29/58 | €5,492,186 | €5,934,624 | +€442,438 | +8.1% |
| Amounts receivable within one year | 40/41 | €5,441,253 | €5,883,716 | +€442,463 | +8.1% |
| Trade receivables | 40 | €1,465,322 | €1,437,591 | -€27,731 | -1.9% |
| Other amounts receivable | 41 | €3,975,931 | €4,446,124 | +€470,193 | +11.8% |
| Cash at bank and in hand | 54/58 | €17,314 | €15,855 | -€1,459 | -8.4% |
| Deferred charges and accrued income | 490/1 | €33,619 | €35,054 | +€1,435 | +4.3% |
| Total equity and liabilities | 10/49 | €5,518,579 | €5,956,965 | +€438,386 | +7.9% |
| Equity | 10/15 | €3,598,938 | €4,363,152 | +€764,214 | +21.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,536,130 | €4,298,680 | +€762,550 | +21.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €652,550 | €631,500 | -€21,050 | -3.2% |
| Distributable reserves | 133 | €2,877,380 | €3,660,980 | +€783,600 | +27.2% |
| Profit (loss) carried forward | 14 | €808 | €2,472 | +€1,664 | +206% |
| Provisions and deferred taxes | 16 | - | €1,754 | +€1,754 | |
| Provisions for liabilities and charges | 160/5 | - | €1,754 | +€1,754 | |
| Pensions and similar obligations | 160 | - | €1,754 | +€1,754 | |
| Amounts payable | 17/49 | €1,919,641 | €1,592,058 | -€327,582 | -17.1% |
| Amounts payable within one year | 42/48 | €1,919,641 | €1,580,244 | -€339,397 | -17.7% |
| Trade debts | 44 | €808,471 | €787,685 | -€20,785 | -2.6% |
| Suppliers | 440/4 | €808,471 | €787,685 | -€20,785 | -2.6% |
| Advances received on contracts in progress | 46 | €9,580 | - | -€9,580 | |
| Taxes, remuneration and social security | 45 | €665,250 | €317,559 | -€347,692 | -52.3% |
| Taxes | 450/3 | €368,852 | €48,070 | -€320,782 | -87.0% |
| Remuneration and social security | 454/9 | €296,398 | €269,488 | -€26,910 | -9.1% |
| Other amounts payable | 47/48 | €436,340 | €475,000 | +€38,660 | +8.9% |
| Accrued charges and deferred income | 492/3 | - | €11,814 | +€11,814 | |
| Turnover | 70 | €8,301,918 | €7,783,169 | -€518,749 | -6.2% |
| Non-recurring operating income | 76A | €1,653 | €1,186 | -€467 | -28.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,878,255 | €3,839,195 | -€39,059 | -1.0% |
| Remuneration, social security and pensions | 62 | €2,728,909 | €2,386,129 | -€342,779 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,617 | €11,340 | -€2,277 | -16.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€494 | €1,754 | +€2,248 | |
| Other operating charges | 640/8 | €14,288 | €10,806 | -€3,482 | -24.4% |
| Non-recurring operating charges | 66A | €1,312 | €1,812 | +€500 | +38.1% |
| Gross operating margin | 9900 | €4,577,794 | €3,993,218 | -€584,575 | -12.8% |
| Operating profit (loss) | 9901 | €1,820,162 | €1,581,376 | -€238,786 | -13.1% |
| Financial income | 75/76B | €102,475 | €87,570 | -€14,905 | -14.5% |
| Recurring financial income | 75 | €102,475 | €87,570 | -€14,905 | -14.5% |
| Financial charges | 65/66B | €47,968 | €74,317 | +€26,349 | +54.9% |
| Recurring financial charges | 65 | €47,968 | €74,317 | +€26,349 | +54.9% |
| Profit (loss) for the period before taxes | 9903 | €1,874,669 | €1,594,629 | -€280,040 | -14.9% |
| Income taxes | 67/77 | €375,134 | €380,415 | +€5,281 | +1.4% |
| Profit (loss) for the period | 9904 | €1,499,535 | €1,214,214 | -€285,321 | -19.0% |
| Transfer from tax-exempt reserves | 789 | €117,880 | €252,600 | +€134,720 | +114% |
| Transfer to tax-exempt reserves | 689 | €273,650 | €231,550 | -€42,100 | -15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,343,765 | €1,235,264 | -€108,501 | -8.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.