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EloLys: 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.

What changed

EloLys

BE 1007.132.786
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€60,367
2024 · €66,830-€6,464
Equity
€128,197
2024 · €67,830+€60,367
Cash
€101,942
2024 · €55,493+€46,449
Balance sheet total
€179,754
2024 · €138,104+€41,649

Largest movements

2024 to 2025
Assets
  • Cash +€46,449

    up €46,449 (+83.7%), from €55,493 to €101,942

    mainly Net result for the year (+€60,367) and Depreciation (+€12,572)

  • Tangible fixed assets -€5,939

    down €5,939 (-11.9%), from €49,843 to €43,904

    of which Furniture and vehicles: -€11,844

Equity and liabilities
  • Reserves +€60,367

    up €60,367 (+90.3%), from €66,830 to €127,197

  • Debts after one year -€10,852

    down €10,852 (-29.6%), from €36,660 to €25,808

  • Tax, wage and social debts -€7,205

    down €7,205 (-58.6%), from €12,285 to €5,080

    of which Taxes: -€7,205

  • Other debts -€2,925

    down €2,925 (-28.1%), from €10,394 to €7,469

  • Trade debts +€1,896

    up €1,896 (+722.6%), from €262 to €2,159

Income statement
  • Gross operating margin -€5,174

    down €5,174 (-5.0%), from €102,645 to €97,471

  • Depreciation +€3,501

    up €3,501 (+38.6%), from €9,071 to €12,572

  • Taxes -€2,289

    down €2,289 (-9.1%), from €25,205 to €22,916

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €66,830
Gross operating margin -€5,174
Depreciation -€3,501
Financial charges -€76
Taxes +€2,289
Result 2025 €60,367

Cash bridge derived

cash 2024 to 2025

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.

From operations +€63,571
Investment -€6,633
Financing -€10,489
Cash 2024 €55,493
Net result for the year +€60,367
Depreciation +€12,572
Receivables within one year -€1,084
Smaller working-capital items -€50
Trade debts +€1,896
Tax, wage and social debts -€7,205
Other debts -€2,925
Investment in fixed assets (net) -€6,633
Debts after one year -€10,852
Current portion of long-term debt +€363
Cash 2025 €101,942
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €138,104 €179,754 +€41,649 +30.2%
Fixed assets 21/28 €49,843 €43,904 -€5,939 -11.9%
Tangible fixed assets 22/27 €49,843 €43,904 -€5,939 -11.9%
Plant, machinery and equipment 23 €1,982 €7,887 +€5,905 +297.9%
Furniture and vehicles 24 €47,861 €36,017 -€11,844 -24.7%
Current assets 29/58 €88,262 €135,850 +€47,588 +53.9%
Amounts receivable within one year 40/41 €32,000 €33,084 +€1,084 +3.4%
Trade receivables 40 €32,000 €32,000 = 0.0%
Other amounts receivable 41 - €1,084 +€1,084
Cash at bank and in hand 54/58 €55,493 €101,942 +€46,449 +83.7%
Deferred charges and accrued income 490/1 €769 €825 +€56 +7.3%
Total equity and liabilities 10/49 €138,104 €179,754 +€41,649 +30.2%
Equity 10/15 €67,830 €128,197 +€60,367 +89.0%
Contributions 10/11 €1,000 €1,000 = 0.0%
Reserves 13 €66,830 €127,197 +€60,367 +90.3%
Distributable reserves 133 €66,830 €127,197 +€60,367 +90.3%
Amounts payable 17/49 €70,274 €51,557 -€18,717 -26.6%
Amounts payable after more than one year 17 €36,660 €25,808 -€10,852 -29.6%
Financial debts 170/4 €36,660 €25,808 -€10,852 -29.6%
Amounts payable within one year 42/48 €33,431 €25,560 -€7,871 -23.5%
Current portion of amounts payable after more than one year 42 €10,489 €10,852 +€363 +3.5%
Trade debts 44 €262 €2,159 +€1,896 +722.6%
Suppliers 440/4 €262 €2,159 +€1,896 +722.6%
Taxes, remuneration and social security 45 €12,285 €5,080 -€7,205 -58.6%
Taxes 450/3 €9,305 €2,100 -€7,205 -77.4%
Remuneration and social security 454/9 €2,980 €2,980 = 0.0%
Other amounts payable 47/48 €10,394 €7,469 -€2,925 -28.1%
Accrued charges and deferred income 492/3 €183 €189 +€6 +3.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €9,071 €12,572 +€3,501 +38.6%
Gross operating margin 9900 €102,645 €97,471 -€5,174 -5.0%
Operating profit (loss) 9901 €93,575 €84,899 -€8,676 -9.3%
Financial charges 65/66B €1,539 €1,616 +€76 +5.0%
Recurring financial charges 65 €1,539 €1,616 +€76 +5.0%
Profit (loss) for the period before taxes 9903 €92,035 €83,283 -€8,752 -9.5%
Income taxes 67/77 €25,205 €22,916 -€2,289 -9.1%
Profit (loss) for the period 9904 €66,830 €60,367 -€6,464 -9.7%
Profit (loss) for the period to be appropriated 9905 €66,830 €60,367 -€6,464 -9.7%

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 30 September 2026 via checked.be.