ELOY IMMO: 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.
What changed
ELOY IMMO
NACE 68.121, Development of residential building projects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€64,361
2024 · -€405,874+€341,513
Equity
€925,639
2024 · -€263,550+€1.2m
Cash
-
not filed
Balance sheet total
€10.3m
2024 · €10.9m-€575,989
Largest movements
Assets
- Stocks and contracts -€653,579
down €653,579 (-6.1%), from €10.7m to €10.0m
Equity and liabilities
- Debts after one year -€5.6m
down €5.6m (-97.3%), from €5.7m to €157,709
- Short-term financial debts +€4.0m
up €4.0m (+78.6%), from €5.1m to €9.0m
- Contributions +€1.3m
up €1.3m (+2,038%), from €61,500 to €1.3m
- Current portion of long-term debt -€134,396
down €134,396 (-42.5%), from €316,184 to €181,787
Income statement
- Financial charges -€171,586
down €171,586 (-34.3%), from €499,896 to €328,310
- Goods and materials +€122,570
up €122,570 (+24.3%), from €505,228 to €627,798
of which Change in stocks: decrease (increase): +€240,977
- Staff costs -€117,462
down €117,462 (-96.0%), from €122,409 to €4,947
- Turnover +€99,709
up €99,709 (+13.6%), from €733,591 to €833,300
- Write-downs -€17,607
down €17,607 (-40.6%), from €43,387 to €25,780
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.
Result 2024
-€405,874
Turnover
+€99,709
Other operating income
+€7,628
Goods and materials
-€122,570
Services and other goods
-€2,491
Staff costs
+€117,462
Write-downs
+€17,607
Provisions
+€4,469
Other operating charges
-€137
Other operating items
+€48,732
Financial income
+€19
Financial charges
+€171,586
Taxes
-€501
Result 2025
-€64,361
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,882,743 | €10,306,753 | -€575,989 | -5.3% |
| Current assets | 29/58 | €10,882,743 | €10,306,753 | -€575,989 | -5.3% |
| Stocks and contracts in progress | 3 | €10,658,034 | €10,004,455 | -€653,579 | -6.1% |
| Stocks | 30/36 | €10,658,034 | €10,004,455 | -€653,579 | -6.1% |
| Property held for sale | 35 | €10,658,034 | €10,004,455 | -€653,579 | -6.1% |
| Amounts receivable within one year | 40/41 | €212,187 | €278,259 | +€66,073 | +31.1% |
| Trade receivables | 40 | €152,034 | €277,113 | +€125,078 | +82.3% |
| Other amounts receivable | 41 | €60,153 | €1,147 | -€59,006 | -98.1% |
| Deferred charges and accrued income | 490/1 | €12,522 | €24,039 | +€11,517 | +92.0% |
| Total equity and liabilities | 10/49 | €10,882,743 | €10,306,753 | -€575,989 | -5.3% |
| Equity | 10/15 | -€263,550 | €925,639 | +€1.2m | |
| Contributions | 10/11 | €61,500 | €1,315,050 | +€1.3m | +2,038% |
| Capital | 10 | €61,500 | €1,315,050 | +€1.3m | +2,038% |
| Issued capital | 100 | €61,500 | €1,315,050 | +€1.3m | +2,038% |
| Reserves | 13 | €74,888 | €74,888 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,378 | €1,378 | = | 0.0% |
| Distributable reserves | 133 | €67,360 | €67,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€399,938 | -€464,299 | -€64,361 | -16.1% |
| Provisions and deferred taxes | 16 | €5,344 | €710 | -€4,635 | -86.7% |
| Provisions for liabilities and charges | 160/5 | €4,635 | €0 | -€4,635 | -100% |
| Other liabilities and charges | 164/5 | €4,635 | €0 | -€4,635 | -100% |
| Deferred taxes | 168 | €710 | €710 | = | 0.0% |
| Amounts payable | 17/49 | €11,140,948 | €9,380,405 | -€1.8m | -15.8% |
| Amounts payable after more than one year | 17 | €5,743,795 | €157,709 | -€5.6m | -97.3% |
| Financial debts | 170/4 | €5,743,795 | €157,709 | -€5.6m | -97.3% |
| Credit institutions | 173 | €5,743,795 | €157,709 | -€5.6m | -97.3% |
| Amounts payable within one year | 42/48 | €5,388,608 | €9,222,201 | +€3.8m | +71.1% |
| Current portion of amounts payable after more than one year | 42 | €316,184 | €181,787 | -€134,396 | -42.5% |
| Financial debts | 43 | €5,056,129 | €9,029,591 | +€4.0m | +78.6% |
| Credit institutions | 430/8 | €5,056,129 | €9,029,591 | +€4.0m | +78.6% |
| Trade debts | 44 | €6,864 | €8,365 | +€1,501 | +21.9% |
| Suppliers | 440/4 | €6,864 | €8,365 | +€1,501 | +21.9% |
| Taxes, remuneration and social security | 45 | €9,431 | €2,458 | -€6,973 | -73.9% |
| Taxes | 450/3 | €6 | €2,458 | +€2,453 | +42,953% |
| Remuneration and social security | 454/9 | €9,425 | €0 | -€9,425 | -100% |
| Accrued charges and deferred income | 492/3 | €8,545 | €495 | -€8,051 | -94.2% |
| Operating income | 70/76A | €837,584 | €983,124 | +€145,540 | +17.4% |
| Turnover | 70 | €733,591 | €833,300 | +€99,709 | +13.6% |
| Other operating income | 74 | €6,791 | €14,419 | +€7,628 | +112% |
| Non-recurring operating income | 76A | €97,202 | €135,405 | +€38,203 | +39.3% |
| Operating charges | 60/66A | €743,194 | €718,325 | -€24,870 | -3.3% |
| Goods for resale, raw materials and consumables | 60 | €505,228 | €627,798 | +€122,570 | +24.3% |
| Purchases | 600/8 | €118,408 | €0 | -€118,408 | -100% |
| Change in stocks: decrease (increase) | 609 | €386,821 | €627,798 | +€240,977 | +62.3% |
| Services and other goods | 61 | €54,131 | €56,622 | +€2,491 | +4.6% |
| Remuneration, social security and pensions | 62 | €122,409 | €4,947 | -€117,462 | -96.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €43,387 | €25,780 | -€17,607 | -40.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€166 | -€4,635 | -€4,469 | -2,698% |
| Other operating charges | 640/8 | €6,363 | €6,500 | +€137 | +2.2% |
| Non-recurring operating charges | 66A | €11,841 | €1,312 | -€10,529 | -88.9% |
| Operating profit (loss) | 9901 | €94,390 | €264,799 | +€170,409 | +181% |
| Financial income | 75/76B | €1 | €20 | +€19 | +1,983% |
| Recurring financial income | 75 | €1 | €20 | +€19 | +1,983% |
| Other financial income | 752/9 | €1 | €20 | +€19 | +1,983% |
| Financial charges | 65/66B | €499,896 | €328,310 | -€171,586 | -34.3% |
| Recurring financial charges | 65 | €499,896 | €328,310 | -€171,586 | -34.3% |
| Debt charges | 650 | €479,324 | €303,414 | -€175,910 | -36.7% |
| Other financial charges | 652/9 | €20,572 | €24,896 | +€4,324 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | -€405,505 | -€63,491 | +€342,014 | +84.3% |
| Income taxes | 67/77 | €369 | €871 | +€501 | +136% |
| Taxes | 670/3 | €369 | €871 | +€501 | +136% |
| Profit (loss) for the period | 9904 | -€405,874 | -€64,361 | +€341,513 | +84.1% |
| Transfer from tax-exempt reserves | 789 | €67,360 | €0 | -€67,360 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€338,514 | -€64,361 | +€274,153 | +81.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.