ELSYS ENGINEERING: 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.
ELSYS ENGINEERING
Largest movements
- Cash +€24,153
up €24,153 (+117%), from €20,680 to €44,833
mainly Net result for the year (+€21,969) and Receivables after one year (+€5,247)
- Receivables after one year -€5,247
down €5,247 (-8.7%), from €60,235 to €54,989
of which Trade receivables: -€9,119
- Profit (loss) carried forward +€21,969
up €21,969 (+79.6%), from €27,608 to €49,577
- Debts after one year -€3,062
down €3,062 (-14.3%), from €21,427 to €18,365
- Other operating charges -€5,353
down €5,353 (-7.4%), from €72,595 to €67,243
- Gross operating margin +€3,458
up €3,458 (+4.0%), from €85,754 to €89,211
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 | €84,584 | €103,491 | +€18,907 | +22.4% |
| Fixed assets | 21/28 | €3,669 | €3,669 | = | 0.0% |
| Tangible fixed assets | 22/27 | €3,669 | €3,669 | = | 0.0% |
| Land and buildings | 22 | €3,669 | €3,669 | = | 0.0% |
| Current assets | 29/58 | €80,915 | €99,822 | +€18,907 | +23.4% |
| Amounts receivable after more than one year | 29 | €60,235 | €54,989 | -€5,247 | -8.7% |
| Trade receivables | 290 | €58,539 | €49,420 | -€9,119 | -15.6% |
| Other amounts receivable | 291 | €1,696 | €5,568 | +€3,872 | +228% |
| Cash at bank and in hand | 54/58 | €20,680 | €44,833 | +€24,153 | +117% |
| Total equity and liabilities | 10/49 | €84,584 | €103,491 | +€18,907 | +22.4% |
| Equity | 10/15 | €63,157 | €85,126 | +€21,969 | +34.8% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €4,562 | €4,562 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €1,463 | €1,463 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,608 | €49,577 | +€21,969 | +79.6% |
| Amounts payable | 17/49 | €21,427 | €18,365 | -€3,062 | -14.3% |
| Amounts payable after more than one year | 17 | €21,427 | €18,365 | -€3,062 | -14.3% |
| Trade debts | 175 | €21,427 | €18,365 | -€3,062 | -14.3% |
| Non-recurring operating income | 76A | - | €89,211 | +€89,211 | |
| Other operating charges | 640/8 | €72,595 | €67,243 | -€5,353 | -7.4% |
| Gross operating margin | 9900 | €85,754 | €89,211 | +€3,458 | +4.0% |
| Operating profit (loss) | 9901 | €13,158 | €21,969 | +€8,810 | +67.0% |
| Profit (loss) for the period before taxes | 9903 | €13,158 | €21,969 | +€8,810 | +67.0% |
| Profit (loss) for the period | 9904 | €13,158 | €21,969 | +€8,810 | +67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,158 | €21,969 | +€8,810 | +67.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.