ELIXXIR: 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.
ELIXXIR
Largest movements
- Cash -€16,069
down €16,069 (-77.6%), from €20,700 to €4,631
mainly Contributions, distributions and other (-€37,198) and Receivables within one year (-€15,176)
- Receivables within one year +€15,176
up €15,176 (+95.0%), from €15,982 to €31,158
of which Trade receivables: +€25,796
- Tangible fixed assets +€1,536
up €1,536 (+41.9%), from €3,665 to €5,200
of which Other tangible fixed assets: +€1,913
- Profit (loss) carried forward -€19,544
down €19,544 (-71.9%), from €27,198 to €7,654
- Trade debts +€13,953
up €13,953 (+394%), from €3,542 to €17,495
- Tax, wage and social debts +€5,375
up €5,375 (+55.9%), from €9,607 to €14,982
- Other debts +€859
new in 2025: €859
- Gross operating margin +€7,064
up €7,064 (+35.7%), from €19,812 to €26,876
- Taxes +€1,933
up €1,933 (+47.1%), from €4,108 to €6,042
- Depreciation +€1,063
up €1,063 (+132%), from €802 to €1,865
- Financial charges +€682
up €682 (+270%), from €253 to €935
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 | €40,347 | €40,990 | +€643 | +1.6% |
| Fixed assets | 21/28 | €3,665 | €5,200 | +€1,536 | +41.9% |
| Tangible fixed assets | 22/27 | €3,665 | €5,200 | +€1,536 | +41.9% |
| Furniture and vehicles | 24 | €690 | €313 | -€377 | -54.6% |
| Other tangible fixed assets | 26 | €2,975 | €4,888 | +€1,913 | +64.3% |
| Current assets | 29/58 | €36,682 | €35,789 | -€893 | -2.4% |
| Amounts receivable within one year | 40/41 | €15,982 | €31,158 | +€15,176 | +95.0% |
| Trade receivables | 40 | €3,400 | €29,196 | +€25,796 | +759% |
| Other amounts receivable | 41 | €12,582 | €1,962 | -€10,620 | -84.4% |
| Cash at bank and in hand | 54/58 | €20,700 | €4,631 | -€16,069 | -77.6% |
| Total equity and liabilities | 10/49 | €40,347 | €40,990 | +€643 | +1.6% |
| Equity | 10/15 | €27,198 | €7,654 | -€19,544 | -71.9% |
| Profit (loss) carried forward | 14 | €27,198 | €7,654 | -€19,544 | -71.9% |
| Amounts payable | 17/49 | €13,149 | €33,335 | +€20,186 | +154% |
| Amounts payable within one year | 42/48 | €13,149 | €33,335 | +€20,186 | +154% |
| Trade debts | 44 | €3,542 | €17,495 | +€13,953 | +394% |
| Suppliers | 440/4 | €3,542 | €17,495 | +€13,953 | +394% |
| Taxes, remuneration and social security | 45 | €9,607 | €14,982 | +€5,375 | +55.9% |
| Taxes | 450/3 | €9,607 | €14,982 | +€5,375 | +55.9% |
| Other amounts payable | 47/48 | - | €859 | +€859 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €802 | €1,865 | +€1,063 | +132% |
| Other operating charges | 640/8 | €387 | €468 | +€80 | +20.8% |
| Gross operating margin | 9900 | €19,812 | €26,876 | +€7,064 | +35.7% |
| Operating profit (loss) | 9901 | €18,623 | €24,544 | +€5,921 | +31.8% |
| Financial income | 75/76B | €2 | €87 | +€85 | +4,740% |
| Recurring financial income | 75 | €2 | €87 | +€85 | +4,740% |
| Financial charges | 65/66B | €253 | €935 | +€682 | +270% |
| Recurring financial charges | 65 | €253 | €935 | +€682 | +270% |
| Profit (loss) for the period before taxes | 9903 | €18,372 | €23,696 | +€5,324 | +29.0% |
| Income taxes | 67/77 | €4,108 | €6,042 | +€1,933 | +47.1% |
| Profit (loss) for the period | 9904 | €14,263 | €17,654 | +€3,391 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,263 | €17,654 | +€3,391 | +23.8% |
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 16 October 2026 via checked.be.