ELUCIDE: 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.
ELUCIDE
Largest movements
- Current investments -€3,051
down €3,051 (-1.4%), from €213,232 to €210,181
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€299
up €299 (+155%), from €193 to €492
- Taxes +€77
new in 2024: €77
- Gross operating margin -€68
down €68 (-3.3%), from -€2,077 to -€2,145
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.
Derived cash bridge
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 | €218,406 | €216,777 | -€1,629 | -0.7% |
| Current assets | 29/58 | €218,406 | €216,777 | -€1,629 | -0.7% |
| Amounts receivable within one year | 40/41 | €3,739 | €3,972 | +€234 | +6.2% |
| Other amounts receivable | 41 | €3,739 | €3,972 | +€234 | +6.2% |
| Current investments | 50/53 | €213,232 | €210,181 | -€3,051 | -1.4% |
| Cash at bank and in hand | 54/58 | €1,436 | €2,624 | +€1,188 | +82.7% |
| Total equity and liabilities | 10/49 | €218,406 | €216,777 | -€1,629 | -0.7% |
| Equity | 10/15 | €218,270 | €216,495 | -€1,776 | -0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €193,470 | €191,695 | -€1,776 | -0.9% |
| Amounts payable | 17/49 | €136 | €282 | +€147 | +108% |
| Amounts payable within one year | 42/48 | €136 | €282 | +€147 | +108% |
| Trade debts | 44 | €136 | €282 | +€147 | +108% |
| Suppliers | 440/4 | €136 | €282 | +€147 | +108% |
| Gross operating margin | 9900 | -€2,077 | -€2,145 | -€68 | -3.3% |
| Operating profit (loss) | 9901 | -€2,077 | -€2,145 | -€68 | -3.3% |
| Financial income | 75/76B | €193 | €492 | +€299 | +155% |
| Recurring financial income | 75 | €193 | €492 | +€299 | +155% |
| Financial charges | 65/66B | €47 | €45 | -€2 | -4.6% |
| Recurring financial charges | 65 | €47 | €45 | -€2 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,932 | -€1,698 | +€233 | +12.1% |
| Income taxes | 67/77 | - | €77 | +€77 | |
| Profit (loss) for the period | 9904 | -€1,932 | -€1,776 | +€156 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,932 | -€1,776 | +€156 | +8.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.