ELOÏSA: 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.
ELOÏSA
Largest movements
- Receivables within one year -€364,591
down €364,591 (-99.7%), from €365,585 to €994
of which Trade receivables: -€300,945
- Tangible fixed assets -€101,697
down €101,697 (-5.9%), from €1.7m to €1.6m
of which Land and buildings: -€91,201
- Trade debts -€299,568
down €299,568 (-86.6%), from €345,819 to €46,251
- Profit (loss) carried forward -€251,509
down €251,509 (-11.6%), from -€2.2m to -€2.4m
- Other debts +€131,993
up €131,993 (+4.0%), from €3.3m to €3.4m
- Debts after one year -€35,000
down €35,000 (-25.0%), from €140,000 to €105,000
- Staff costs -€9,074
down €9,074 (-19.9%), from €45,689 to €36,615
- Gross operating margin +€4,002
up €4,002 (+3.9%), from -€102,883 to -€98,881
- Depreciation -€1,839
down €1,839 (-1.8%), from €103,535 to €101,697
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 | €2,094,040 | €1,638,233 | -€455,808 | -21.8% |
| Fixed assets | 21/28 | €1,720,185 | €1,618,488 | -€101,697 | -5.9% |
| Tangible fixed assets | 22/27 | €1,720,055 | €1,618,358 | -€101,697 | -5.9% |
| Land and buildings | 22 | €1,603,715 | €1,512,514 | -€91,201 | -5.7% |
| Plant, machinery and equipment | 23 | €10,656 | €5,145 | -€5,511 | -51.7% |
| Furniture and vehicles | 24 | €24,979 | €19,994 | -€4,985 | -20.0% |
| Assets under construction and advance payments | 27 | €80,705 | €80,705 | = | 0.0% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €373,855 | €19,744 | -€354,111 | -94.7% |
| Amounts receivable within one year | 40/41 | €365,585 | €994 | -€364,591 | -99.7% |
| Trade receivables | 40 | €301,939 | €994 | -€300,945 | -99.7% |
| Other amounts receivable | 41 | €63,646 | €0 | -€63,646 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,737 | €11,928 | +€9,191 | +335.8% |
| Deferred charges and accrued income | 490/1 | €5,534 | €6,822 | +€1,289 | +23.3% |
| Total equity and liabilities | 10/49 | €2,094,040 | €1,638,233 | -€455,808 | -21.8% |
| Equity | 10/15 | -€1,706,455 | -€1,957,964 | -€251,509 | -14.7% |
| Contributions | 10/11 | €448,061 | €448,061 | = | 0.0% |
| Capital | 10 | €448,061 | €448,061 | = | 0.0% |
| Issued capital | 100 | €498,266 | €498,266 | = | 0.0% |
| Uncalled capital | 101 | €50,205 | €50,205 | = | 0.0% |
| Reserves | 13 | €4,707 | €4,707 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,707 | €4,707 | = | 0.0% |
| Legal reserve | 130 | €4,707 | €4,707 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,159,223 | -€2,410,732 | -€251,509 | -11.6% |
| Amounts payable | 17/49 | €3,800,495 | €3,596,196 | -€204,299 | -5.4% |
| Amounts payable after more than one year | 17 | €140,000 | €105,000 | -€35,000 | -25.0% |
| Financial debts | 170/4 | €140,000 | €105,000 | -€35,000 | -25.0% |
| Amounts payable within one year | 42/48 | €3,660,495 | €3,491,196 | -€169,299 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €35,000 | €35,000 | = | 0.0% |
| Trade debts | 44 | €345,819 | €46,251 | -€299,568 | -86.6% |
| Suppliers | 440/4 | €345,819 | €46,251 | -€299,568 | -86.6% |
| Taxes, remuneration and social security | 45 | €9,654 | €7,931 | -€1,724 | -17.9% |
| Taxes | 450/3 | €811 | €3,958 | +€3,147 | +387.9% |
| Remuneration and social security | 454/9 | €8,843 | €3,972 | -€4,871 | -55.1% |
| Other amounts payable | 47/48 | €3,270,021 | €3,402,015 | +€131,993 | +4.0% |
| Remuneration, social security and pensions | 62 | €45,689 | €36,615 | -€9,074 | -19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,535 | €101,697 | -€1,839 | -1.8% |
| Other operating charges | 640/8 | €10,697 | €9,960 | -€737 | -6.9% |
| Gross operating margin | 9900 | -€102,883 | -€98,881 | +€4,002 | +3.9% |
| Operating profit (loss) | 9901 | -€262,804 | -€247,153 | +€15,651 | +6.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,707 | €3,956 | -€751 | -16.0% |
| Recurring financial charges | 65 | €4,707 | €3,956 | -€751 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | -€267,511 | -€251,109 | +€16,402 | +6.1% |
| Income taxes | 67/77 | €0 | €400 | +€400 | |
| Profit (loss) for the period | 9904 | -€267,511 | -€251,509 | +€16,002 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€267,511 | -€251,509 | +€16,002 | +6.0% |
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 3 October 2026 via checked.be.