ELUTERIA: 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.
ELUTERIA
Largest movements
- Cash -€44,139
down €44,139 (-33.5%), from €131,763 to €87,624
mainly Debts after one year (-€31,120) and Investment in fixed assets (net) (-€21,684)
- Receivables within one year +€11,657
up €11,657 (+32.7%), from €35,624 to €47,281
of which Trade receivables: +€11,504
- Debts after one year -€31,120
down €31,120 (-12.9%), from €241,677 to €210,558
- Reserves +€20,782
up €20,782 (+8.8%), from €235,768 to €256,549
- Other debts -€18,392
down €18,392 (-26.5%), from €69,495 to €51,104
- Gross operating margin -€19,668
down €19,668 (-23.2%), from €84,624 to €64,956
- Depreciation -€6,503
down €6,503 (-27.5%), from €23,643 to €17,140
- Taxes -€3,356
down €3,356 (-26.3%), from €12,756 to €9,400
- Financial charges -€1,105
down €1,105 (-10.8%), from €10,254 to €9,149
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 | €589,864 | €563,827 | -€26,037 | -4.4% |
| Fixed assets | 21/28 | €422,477 | €427,021 | +€4,545 | +1.1% |
| Tangible fixed assets | 22/27 | €422,477 | €427,021 | +€4,545 | +1.1% |
| Land and buildings | 22 | €417,568 | €403,760 | -€13,808 | -3.3% |
| Plant, machinery and equipment | 23 | €1,699 | €842 | -€857 | -50.4% |
| Furniture and vehicles | 24 | €3,164 | €1,698 | -€1,466 | -46.3% |
| Other tangible fixed assets | 26 | €46 | €20,722 | +€20,676 | +44,869% |
| Current assets | 29/58 | €167,387 | €136,805 | -€30,582 | -18.3% |
| Amounts receivable within one year | 40/41 | €35,624 | €47,281 | +€11,657 | +32.7% |
| Trade receivables | 40 | €30,176 | €41,680 | +€11,504 | +38.1% |
| Other amounts receivable | 41 | €5,448 | €5,601 | +€153 | +2.8% |
| Cash at bank and in hand | 54/58 | €131,763 | €87,624 | -€44,139 | -33.5% |
| Deferred charges and accrued income | 490/1 | - | €1,900 | +€1,900 | |
| Total equity and liabilities | 10/49 | €589,864 | €563,827 | -€26,037 | -4.4% |
| Equity | 10/15 | €243,236 | €264,017 | +€20,782 | +8.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €235,768 | €256,549 | +€20,782 | +8.8% |
| Distributable reserves | 133 | €235,768 | €256,549 | +€20,782 | +8.8% |
| Profit (loss) carried forward | 14 | €1,268 | €1,268 | +€0 | 0.0% |
| Amounts payable | 17/49 | €346,628 | €299,809 | -€46,819 | -13.5% |
| Amounts payable after more than one year | 17 | €241,677 | €210,558 | -€31,120 | -12.9% |
| Financial debts | 170/4 | €241,677 | €210,558 | -€31,120 | -12.9% |
| Amounts payable within one year | 42/48 | €104,951 | €89,252 | -€15,699 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €30,083 | €31,120 | +€1,037 | +3.4% |
| Trade debts | 44 | €2,116 | €2,929 | +€812 | +38.4% |
| Suppliers | 440/4 | €2,116 | €2,929 | +€812 | +38.4% |
| Taxes, remuneration and social security | 45 | €3,256 | €4,100 | +€844 | +25.9% |
| Taxes | 450/3 | €756 | €1,600 | +€844 | +112% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €69,495 | €51,104 | -€18,392 | -26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,643 | €17,140 | -€6,503 | -27.5% |
| Other operating charges | 640/8 | €8,623 | €9,106 | +€483 | +5.6% |
| Gross operating margin | 9900 | €84,624 | €64,956 | -€19,668 | -23.2% |
| Operating profit (loss) | 9901 | €52,358 | €38,710 | -€13,648 | -26.1% |
| Financial income | 75/76B | €0 | €619 | +€619 | +563,055% |
| Recurring financial income | 75 | €0 | €619 | +€619 | +563,055% |
| Financial charges | 65/66B | €10,254 | €9,149 | -€1,105 | -10.8% |
| Recurring financial charges | 65 | €10,254 | €9,149 | -€1,105 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €42,104 | €30,181 | -€11,923 | -28.3% |
| Income taxes | 67/77 | €12,756 | €9,400 | -€3,356 | -26.3% |
| Profit (loss) for the period | 9904 | €29,348 | €20,782 | -€8,567 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,348 | €20,782 | -€8,567 | -29.2% |
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 19 October 2026 via checked.be.