ELISUR HOLDING: 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.
ELISUR HOLDING
Largest movements
- Tangible fixed assets -€8,171
down €8,171 (-3.1%), from €264,734 to €256,563
- Debts after one year -€11,401
down €11,401 (-7.6%), from €150,962 to €139,562
- Profit (loss) carried forward +€4,201
up €4,201 (+60.9%), from €6,899 to €11,100
- Gross operating margin +€1,047
up €1,047 (+5.5%), from €19,141 to €20,188
- Purchases and services -€1,047
down €1,047 (-56.3%), from €1,859 to €812
- Depreciation +€922
up €922 (+12.7%), from €7,249 to €8,171
- Financial charges -€329
down €329 (-6.4%), from €5,102 to €4,773
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €265,838 | €259,221 | -€6,618 | -2.5% |
| Fixed assets | 21/28 | €264,734 | €256,563 | -€8,171 | -3.1% |
| Tangible fixed assets | 22/27 | €264,734 | €256,563 | -€8,171 | -3.1% |
| Land and buildings | 22 | €264,734 | €256,563 | -€8,171 | -3.1% |
| Current assets | 29/58 | €1,104 | €2,658 | +€1,554 | +141% |
| Cash at bank and in hand | 54/58 | €1,104 | €2,658 | +€1,554 | +141% |
| Total equity and liabilities | 10/49 | €265,838 | €259,221 | -€6,618 | -2.5% |
| Equity | 10/15 | €76,899 | €81,100 | +€4,201 | +5.5% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,899 | €11,100 | +€4,201 | +60.9% |
| Amounts payable | 17/49 | €188,939 | €178,121 | -€10,818 | -5.7% |
| Amounts payable after more than one year | 17 | €150,962 | €139,562 | -€11,401 | -7.6% |
| Financial debts | 170/4 | €150,962 | €139,562 | -€11,401 | -7.6% |
| Amounts payable within one year | 42/48 | €37,977 | €38,559 | +€583 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €11,072 | €11,401 | +€329 | +3.0% |
| Taxes, remuneration and social security | 45 | €1,785 | €2,039 | +€254 | +14.2% |
| Taxes | 450/3 | €1,785 | €2,039 | +€254 | +14.2% |
| Other amounts payable | 47/48 | €25,120 | €25,120 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,859 | €812 | -€1,047 | -56.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,249 | €8,171 | +€922 | +12.7% |
| Other operating charges | 640/8 | €1,836 | €1,642 | -€194 | -10.5% |
| Gross operating margin | 9900 | €19,141 | €20,188 | +€1,047 | +5.5% |
| Operating profit (loss) | 9901 | €10,056 | €10,374 | +€318 | +3.2% |
| Financial charges | 65/66B | €5,102 | €4,773 | -€329 | -6.4% |
| Recurring financial charges | 65 | €5,102 | €4,773 | -€329 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €4,954 | €5,601 | +€646 | +13.0% |
| Income taxes | 67/77 | €1,239 | €1,400 | +€162 | +13.0% |
| Profit (loss) for the period | 9904 | €3,716 | €4,201 | +€485 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,716 | €4,201 | +€485 | +13.0% |
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 26 October 2026 via checked.be.