ELIUM: 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.
ELIUM
Largest movements
- Receivables after one year +€42,559
up €42,559 (+170.2%), from €25,000 to €67,559
- Cash +€18,391
up €18,391 (+499.8%), from €3,680 to €22,070
mainly Net result for the year (+€26,856) and Receivables within one year (+€17,908)
- Receivables within one year -€17,908
down €17,908 (-41.5%), from €43,104 to €25,196
of which Other amounts receivable: -€33,922
- Tangible fixed assets -€7,055
down €7,055 (-29.1%), from €24,231 to €17,177
of which Furniture and vehicles: -€5,426
- Reserves +€26,850
up €26,850 (+56.8%), from €47,305 to €74,155
of which Distributable reserves: +€26,850
- Tax, wage and social debts +€10,192
up €10,192 (+32.0%), from €31,805 to €41,996
of which Taxes: +€8,292
- Trade debts +€5,626
up €5,626 (+160.9%), from €3,497 to €9,124
- Current portion of long-term debt -€4,747
down €4,747 (-85.9%), from €5,525 to €778
- Gross operating margin +€14,055
up €14,055 (+44.0%), from €31,939 to €45,994
- Taxes +€3,691
up €3,691 (+42.9%), from €8,597 to €12,288
- Financial charges -€2,443
down €2,443 (-80.1%), from €3,049 to €606
- Depreciation +€1,126
up €1,126 (+15.2%), from €7,422 to €8,548
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.
Cash bridge derived
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 | €99,415 | €136,741 | +€37,326 | +37.5% |
| Fixed assets | 21/28 | €27,631 | €20,577 | -€7,055 | -25.5% |
| Tangible fixed assets | 22/27 | €24,231 | €17,177 | -€7,055 | -29.1% |
| Land and buildings | 22 | €12,758 | €11,129 | -€1,629 | -12.8% |
| Furniture and vehicles | 24 | €11,474 | €6,048 | -€5,426 | -47.3% |
| Financial fixed assets | 28 | €3,400 | €3,400 | = | 0.0% |
| Current assets | 29/58 | €71,784 | €116,164 | +€44,380 | +61.8% |
| Amounts receivable after more than one year | 29 | €25,000 | €67,559 | +€42,559 | +170.2% |
| Other amounts receivable | 291 | €25,000 | €67,559 | +€42,559 | +170.2% |
| Amounts receivable within one year | 40/41 | €43,104 | €25,196 | -€17,908 | -41.5% |
| Trade receivables | 40 | €545 | €16,559 | +€16,014 | +2941.1% |
| Other amounts receivable | 41 | €42,559 | €8,638 | -€33,922 | -79.7% |
| Cash at bank and in hand | 54/58 | €3,680 | €22,070 | +€18,391 | +499.8% |
| Deferred charges and accrued income | 490/1 | €0 | €1,338 | +€1,338 | |
| Total equity and liabilities | 10/49 | €99,415 | €136,741 | +€37,326 | +37.5% |
| Equity | 10/15 | €57,306 | €84,162 | +€26,856 | +46.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €47,305 | €74,155 | +€26,850 | +56.8% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €45,450 | €72,300 | +€26,850 | +59.1% |
| Profit (loss) carried forward | 14 | €1 | €7 | +€6 | +591.6% |
| Amounts payable | 17/49 | €42,109 | €52,579 | +€10,470 | +24.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €42,109 | €52,579 | +€10,470 | +24.9% |
| Current portion of amounts payable after more than one year | 42 | €5,525 | €778 | -€4,747 | -85.9% |
| Trade debts | 44 | €3,497 | €9,124 | +€5,626 | +160.9% |
| Suppliers | 440/4 | €3,497 | €9,124 | +€5,626 | +160.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €31,805 | €41,996 | +€10,192 | +32.0% |
| Taxes | 450/3 | €31,805 | €40,096 | +€8,292 | +26.1% |
| Remuneration and social security | 454/9 | - | €1,900 | +€1,900 | |
| Other amounts payable | 47/48 | €1,282 | €682 | -€601 | -46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,422 | €8,548 | +€1,126 | +15.2% |
| Other operating charges | 640/8 | €901 | €776 | -€125 | -13.9% |
| Gross operating margin | 9900 | €31,939 | €45,994 | +€14,055 | +44.0% |
| Operating profit (loss) | 9901 | €23,616 | €36,670 | +€13,054 | +55.3% |
| Financial income | 75/76B | €3,479 | €3,080 | -€400 | -11.5% |
| Recurring financial income | 75 | €3,479 | €3,080 | -€400 | -11.5% |
| Financial charges | 65/66B | €3,049 | €606 | -€2,443 | -80.1% |
| Recurring financial charges | 65 | €3,049 | €606 | -€2,443 | -80.1% |
| Profit (loss) for the period before taxes | 9903 | €24,046 | €39,144 | +€15,098 | +62.8% |
| Income taxes | 67/77 | €8,597 | €12,288 | +€3,691 | +42.9% |
| Profit (loss) for the period | 9904 | €15,449 | €26,856 | +€11,407 | +73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,449 | €26,856 | +€11,407 | +73.8% |
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 9 October 2026 via checked.be.