ELIZYA: 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.
ELIZYA
Largest movements
- Receivables within one year -€55,534
down €55,534 (-62.3%), from €89,157 to €33,623
of which Other amounts receivable: -€70,563
- Stocks and contracts +€29,724
up €29,724 (+44.6%), from €66,664 to €96,388
- Tangible fixed assets -€11,131
down €11,131 (-4.2%), from €264,271 to €253,141
of which Plant, machinery and equipment: -€6,009
- Cash +€7,593
up €7,593 (+20.5%), from €37,046 to €44,639
mainly Receivables within one year (+€55,534) and Depreciation (+€36,321)
- Debts after one year -€55,781
down €55,781 (-26.6%), from €209,331 to €153,550
- Profit (loss) carried forward +€16,718
up €16,718 (+600%), from €2,788 to €19,507
- Other debts +€10,088
new in 2025: €10,088
- Gross operating margin +€77,282
up €77,282 (+77.6%), from €99,614 to €176,896
- Staff costs +€35,101
up €35,101 (+65.6%), from €53,477 to €88,578
- Financial charges +€11,838
up €11,838 (+79.6%), from €14,878 to €26,717
- Depreciation +€10,425
up €10,425 (+40.3%), from €25,896 to €36,321
- Taxes +€4,207
up €4,207 (+224%), from €1,877 to €6,083
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 | €459,181 | €430,035 | -€29,146 | -6.3% |
| Fixed assets | 21/28 | €264,271 | €253,141 | -€11,131 | -4.2% |
| Tangible fixed assets | 22/27 | €264,271 | €253,141 | -€11,131 | -4.2% |
| Plant, machinery and equipment | 23 | €39,618 | €33,609 | -€6,009 | -15.2% |
| Furniture and vehicles | 24 | €562 | €1,228 | +€665 | +118% |
| Other tangible fixed assets | 26 | €224,091 | €218,304 | -€5,787 | -2.6% |
| Current assets | 29/58 | €194,909 | €176,894 | -€18,015 | -9.2% |
| Stocks and contracts in progress | 3 | €66,664 | €96,388 | +€29,724 | +44.6% |
| Stocks | 30/36 | €66,664 | €96,388 | +€29,724 | +44.6% |
| Amounts receivable within one year | 40/41 | €89,157 | €33,623 | -€55,534 | -62.3% |
| Trade receivables | 40 | €290 | €15,320 | +€15,029 | +5,175% |
| Other amounts receivable | 41 | €88,867 | €18,303 | -€70,563 | -79.4% |
| Cash at bank and in hand | 54/58 | €37,046 | €44,639 | +€7,593 | +20.5% |
| Deferred charges and accrued income | 490/1 | €2,042 | €2,244 | +€202 | +9.9% |
| Total equity and liabilities | 10/49 | €459,181 | €430,035 | -€29,146 | -6.3% |
| Equity | 10/15 | €83,788 | €100,507 | +€16,718 | +20.0% |
| Contributions | 10/11 | €81,000 | €81,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,788 | €19,507 | +€16,718 | +600% |
| Amounts payable | 17/49 | €375,393 | €329,528 | -€45,864 | -12.2% |
| Amounts payable after more than one year | 17 | €209,331 | €153,550 | -€55,781 | -26.6% |
| Financial debts | 170/4 | €209,331 | €153,550 | -€55,781 | -26.6% |
| Amounts payable within one year | 42/48 | €162,536 | €172,641 | +€10,104 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €34,187 | €31,766 | -€2,421 | -7.1% |
| Trade debts | 44 | €114,991 | €113,367 | -€1,624 | -1.4% |
| Suppliers | 440/4 | €114,991 | €113,367 | -€1,624 | -1.4% |
| Taxes, remuneration and social security | 45 | €13,358 | €17,420 | +€4,062 | +30.4% |
| Taxes | 450/3 | €1,877 | €6,193 | +€4,317 | +230% |
| Remuneration and social security | 454/9 | €11,482 | €11,227 | -€255 | -2.2% |
| Other amounts payable | 47/48 | - | €10,088 | +€10,088 | |
| Accrued charges and deferred income | 492/3 | €3,526 | €3,338 | -€188 | -5.3% |
| Remuneration, social security and pensions | 62 | €53,477 | €88,578 | +€35,101 | +65.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,896 | €36,321 | +€10,425 | +40.3% |
| Other operating charges | 640/8 | €699 | €2,482 | +€1,783 | +255% |
| Gross operating margin | 9900 | €99,614 | €176,896 | +€77,282 | +77.6% |
| Operating profit (loss) | 9901 | €19,543 | €49,516 | +€29,973 | +153% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €14,878 | €26,717 | +€11,838 | +79.6% |
| Recurring financial charges | 65 | €14,878 | €26,717 | +€11,838 | +79.6% |
| Profit (loss) for the period before taxes | 9903 | €4,665 | €22,802 | +€18,137 | +389% |
| Income taxes | 67/77 | €1,877 | €6,083 | +€4,207 | +224% |
| Profit (loss) for the period | 9904 | €2,788 | €16,718 | +€13,930 | +500% |
| Profit (loss) for the period to be appropriated | 9905 | €2,788 | €16,718 | +€13,930 | +500% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.