ELOKIA: 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.
ELOKIA
Largest movements
- Tangible fixed assets +€268,935
up €268,935 (+56.0%), from €480,531 to €749,466
of which Land and buildings: +€273,005
- Debts after one year +€216,204
up €216,204 (+127.2%), from €169,923 to €386,127
- Other debts +€22,814
up €22,814 (+49.1%), from €46,473 to €69,287
- Current portion of long-term debt +€16,699
up €16,699 (+65.3%), from €25,571 to €42,270
- Reserves +€15,138
up €15,138 (+7.6%), from €198,173 to €213,311
of which Distributable reserves: +€19,000
- Depreciation +€40,226
up €40,226 (+94.7%), from €42,477 to €82,703
- Taxes -€14,374
down €14,374 (-60.4%), from €23,803 to €9,429
- Staff costs -€9,810
down €9,810 (-98.8%), from €9,927 to €116
- Financial charges +€7,201
up €7,201 (+70.3%), from €10,243 to €17,444
- Gross operating margin -€2,650
down €2,650 (-2.0%), from €131,408 to €128,759
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €594,760 | €864,434 | +€269,674 | +45.3% |
| Fixed assets | 21/28 | €480,531 | €749,466 | +€268,935 | +56.0% |
| Tangible fixed assets | 22/27 | €480,531 | €749,466 | +€268,935 | +56.0% |
| Land and buildings | 22 | €441,820 | €714,826 | +€273,005 | +61.8% |
| Plant, machinery and equipment | 23 | €10,453 | €10,355 | -€98 | -0.9% |
| Furniture and vehicles | 24 | €2,929 | €4,897 | +€1,968 | +67.2% |
| Other tangible fixed assets | 26 | €25,328 | €19,388 | -€5,941 | -23.5% |
| Current assets | 29/58 | €114,229 | €114,968 | +€739 | +0.6% |
| Amounts receivable within one year | 40/41 | €82,410 | €90,031 | +€7,621 | +9.2% |
| Other amounts receivable | 41 | €82,410 | €90,031 | +€7,621 | +9.2% |
| Cash at bank and in hand | 54/58 | €30,510 | €23,435 | -€7,075 | -23.2% |
| Deferred charges and accrued income | 490/1 | €1,309 | €1,502 | +€193 | +14.7% |
| Total equity and liabilities | 10/49 | €594,760 | €864,434 | +€269,674 | +45.3% |
| Equity | 10/15 | €281,232 | €296,385 | +€15,153 | +5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €198,173 | €213,311 | +€15,138 | +7.6% |
| Tax-exempt reserves | 132 | €106,313 | €102,451 | -€3,862 | -3.6% |
| Distributable reserves | 133 | €91,860 | €110,860 | +€19,000 | +20.7% |
| Profit (loss) carried forward | 14 | €64,459 | €64,474 | +€15 | 0.0% |
| Provisions and deferred taxes | 16 | €26,578 | €25,613 | -€965 | -3.6% |
| Deferred taxes | 168 | €26,578 | €25,613 | -€965 | -3.6% |
| Amounts payable | 17/49 | €286,950 | €542,436 | +€255,486 | +89.0% |
| Amounts payable after more than one year | 17 | €169,923 | €386,127 | +€216,204 | +127.2% |
| Financial debts | 170/4 | €169,923 | €386,127 | +€216,204 | +127.2% |
| Amounts payable within one year | 42/48 | €117,026 | €156,309 | +€39,282 | +33.6% |
| Current portion of amounts payable after more than one year | 42 | €25,571 | €42,270 | +€16,699 | +65.3% |
| Trade debts | 44 | €2,930 | €10,166 | +€7,235 | +246.9% |
| Suppliers | 440/4 | €2,930 | €10,166 | +€7,235 | +246.9% |
| Taxes, remuneration and social security | 45 | €42,052 | €34,586 | -€7,465 | -17.8% |
| Taxes | 450/3 | €41,405 | €34,586 | -€6,819 | -16.5% |
| Remuneration and social security | 454/9 | €647 | - | -€647 | |
| Other amounts payable | 47/48 | €46,473 | €69,287 | +€22,814 | +49.1% |
| Non-recurring operating income | 76A | €3,344 | €3,732 | +€389 | +11.6% |
| Remuneration, social security and pensions | 62 | €9,927 | €116 | -€9,810 | -98.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,477 | €82,703 | +€40,226 | +94.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,006 | +€1,006 | |
| Other operating charges | 640/8 | €3,386 | €3,896 | +€511 | +15.1% |
| Non-recurring operating charges | 66A | €638 | - | -€638 | |
| Gross operating margin | 9900 | €131,408 | €128,759 | -€2,650 | -2.0% |
| Operating profit (loss) | 9901 | €74,981 | €41,037 | -€33,943 | -45.3% |
| Financial income | 75/76B | €1,377 | €24 | -€1,354 | -98.3% |
| Recurring financial income | 75 | €1,377 | €24 | -€1,354 | -98.3% |
| Financial charges | 65/66B | €10,243 | €17,444 | +€7,201 | +70.3% |
| Recurring financial charges | 65 | €10,243 | €17,444 | +€7,201 | +70.3% |
| Profit (loss) for the period before taxes | 9903 | €66,115 | €23,617 | -€42,498 | -64.3% |
| Transfer from deferred taxes | 780 | €965 | €965 | = | 0.0% |
| Income taxes | 67/77 | €23,803 | €9,429 | -€14,374 | -60.4% |
| Profit (loss) for the period | 9904 | €43,278 | €15,153 | -€28,125 | -65.0% |
| Transfer from tax-exempt reserves | 789 | €3,862 | €3,862 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,139 | €19,015 | -€28,125 | -59.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.