ELIXIUM: 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.
ELIXIUM
Largest movements
- Cash +€14,383
up €14,383 (+795.0%), from €1,809 to €16,192
mainly Net result for the year (+€10,906) and Trade debts (+€7,353)
- Receivables within one year +€7,399
up €7,399 (+130.5%), from €5,668 to €13,066
of which Trade receivables: +€7,399
- Deferred charges and accrued income -€1,108
no longer reported in 2025 (was €1,108)
- Tangible fixed assets -€1,002
no longer reported in 2025 (was €1,002)
- Profit (loss) carried forward +€10,906
up €10,906 (+29.2%), from -€37,294 to -€26,388
- Trade debts +€7,353
up €7,353 (+656.8%), from €1,120 to €8,472
- Other debts +€1,663
up €1,663 (+10.5%), from €15,847 to €17,509
- Gross operating margin +€18,335
up €18,335, from -€4,608 to €13,727
- Depreciation -€3,823
down €3,823 (-79.2%), from €4,824 to €1,002
- Other operating charges +€800
up €800 (+88.5%), from €904 to €1,704
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 | €9,887 | €29,808 | +€19,922 | +201.5% |
| Fixed assets | 21/28 | €1,302 | €550 | -€752 | -57.7% |
| Tangible fixed assets | 22/27 | €1,002 | - | -€1,002 | |
| Furniture and vehicles | 24 | €1,002 | - | -€1,002 | |
| Financial fixed assets | 28 | €300 | €550 | +€250 | +83.3% |
| Current assets | 29/58 | €8,585 | €29,258 | +€20,673 | +240.8% |
| Amounts receivable within one year | 40/41 | €5,668 | €13,066 | +€7,399 | +130.5% |
| Trade receivables | 40 | €4,423 | €11,822 | +€7,399 | +167.3% |
| Other amounts receivable | 41 | €1,244 | €1,244 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,809 | €16,192 | +€14,383 | +795.0% |
| Deferred charges and accrued income | 490/1 | €1,108 | - | -€1,108 | |
| Total equity and liabilities | 10/49 | €9,887 | €29,808 | +€19,922 | +201.5% |
| Equity | 10/15 | -€7,294 | €3,612 | +€10,906 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Capital | 10 | €30,000 | €30,000 | = | 0.0% |
| Issued capital | 100 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,294 | -€26,388 | +€10,906 | +29.2% |
| Amounts payable | 17/49 | €17,181 | €26,196 | +€9,016 | +52.5% |
| Amounts payable within one year | 42/48 | €17,181 | €26,196 | +€9,016 | +52.5% |
| Trade debts | 44 | €1,120 | €8,472 | +€7,353 | +656.8% |
| Suppliers | 440/4 | €1,120 | €8,472 | +€7,353 | +656.8% |
| Taxes, remuneration and social security | 45 | €215 | €215 | = | 0.0% |
| Taxes | 450/3 | €215 | €215 | = | 0.0% |
| Other amounts payable | 47/48 | €15,847 | €17,509 | +€1,663 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,824 | €1,002 | -€3,823 | -79.2% |
| Other operating charges | 640/8 | €904 | €1,704 | +€800 | +88.5% |
| Gross operating margin | 9900 | -€4,608 | €13,727 | +€18,335 | |
| Operating profit (loss) | 9901 | -€10,336 | €11,021 | +€21,357 | |
| Financial charges | 65/66B | €192 | €115 | -€77 | -40.2% |
| Recurring financial charges | 65 | €192 | €115 | -€77 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,528 | €10,906 | +€21,435 | |
| Profit (loss) for the period | 9904 | -€10,528 | €10,906 | +€21,435 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,528 | €10,906 | +€21,435 |
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 11 October 2026 via checked.be.