ELIZE: what changed
Two fiscal 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.
ELIZE
Largest movements
- Tangible fixed assets -€51,826
down €51,826 (-3.9%), from €1.3m to €1.3m
- Profit (loss) carried forward -€23,388
down €23,388 (-23.8%), from -€98,237 to -€121,625
- Debts after one year -€22,842
down €22,842 (-3.2%), from €724,898 to €702,056
- Financial charges +€11,948
up €11,948 (+68.1%), from €17,543 to €29,491
- Depreciation +€6,720
up €6,720 (+9.3%), from €72,261 to €78,981
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 | €1,347,319 | €1,292,532 | -€54,786 | -4.1% |
| Fixed assets | 21/28 | €1,339,962 | €1,288,136 | -€51,826 | -3.9% |
| Tangible fixed assets | 22/27 | €1,339,962 | €1,288,136 | -€51,826 | -3.9% |
| Land and buildings | 22 | €1,339,962 | €1,288,136 | -€51,826 | -3.9% |
| Current assets | 29/58 | €7,357 | €4,396 | -€2,960 | -40.2% |
| Cash at bank and in hand | 54/58 | €7,357 | €4,396 | -€2,960 | -40.2% |
| Total equity and liabilities | 10/49 | €1,347,319 | €1,292,532 | -€54,786 | -4.1% |
| Equity | 10/15 | €207,469 | €184,081 | -€23,388 | -11.3% |
| Contributions | 10/11 | €205,000 | €205,000 | = | 0.0% |
| Revaluation surpluses | 12 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €706 | €706 | = | 0.0% |
| Distributable reserves | 133 | €706 | €706 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,237 | -€121,625 | -€23,388 | -23.8% |
| Amounts payable | 17/49 | €1,139,849 | €1,108,451 | -€31,399 | -2.8% |
| Amounts payable after more than one year | 17 | €724,898 | €702,056 | -€22,842 | -3.2% |
| Financial debts | 170/4 | €724,898 | €702,056 | -€22,842 | -3.2% |
| Amounts payable within one year | 42/48 | €414,951 | €406,395 | -€8,556 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | €70,213 | €67,014 | -€3,199 | -4.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €14,278 | €12,363 | -€1,914 | -13.4% |
| Taxes | 450/3 | €14,278 | €12,363 | -€1,914 | -13.4% |
| Other amounts payable | 47/48 | €330,461 | €327,018 | -€3,443 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,261 | €78,981 | +€6,720 | +9.3% |
| Other operating charges | 640/8 | €12,406 | €11,797 | -€609 | -4.9% |
| Gross operating margin | 9900 | €97,634 | €96,881 | -€753 | -0.8% |
| Operating profit (loss) | 9901 | €12,967 | €6,103 | -€6,864 | -52.9% |
| Financial charges | 65/66B | €17,543 | €29,491 | +€11,948 | +68.1% |
| Recurring financial charges | 65 | €17,543 | €29,491 | +€11,948 | +68.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,576 | -€23,388 | -€18,812 | -411.1% |
| Profit (loss) for the period | 9904 | -€4,576 | -€23,388 | -€18,812 | -411.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,576 | -€23,388 | -€18,812 | -411.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.