ELYD: what changed
ELYD
Largest movements
- Receivables within one year +€30,680
up €30,680 (+64.2%), from €47,781 to €78,461
of which Trade receivables: +€24,796
- Deferred charges and accrued income +€10,590
up €10,590 (+2,358%), from €449 to €11,039
- Financial fixed assets +€2,750
up €2,750 (+59.6%), from €4,613 to €7,363
- Profit (loss) carried forward +€64,019
up €64,019 (+2,587%), from €2,475 to €66,493
- Trade debts -€8,679
down €8,679 (-73.2%), from €11,851 to €3,171
- Current portion of long-term debt -€4,300
no longer reported in 2025 (was €4,300)
- Tax, wage and social debts -€3,575
down €3,575 (-20.0%), from €17,868 to €14,293
of which Taxes: -€3,153
- Accrued charges and deferred income -€1,238
no longer reported in 2025 (was €1,238)
- Gross operating margin +€99,883
up €99,883, from -€13,950 to €85,933
- Staff costs -€8,181
no longer reported in 2025 (was €8,181)
- Financial charges +€5,929
up €5,929 (+81.7%), from €7,261 to €13,190
of which Financial charges: +€5,779
- Taxes +€5,316
new in 2025: €5,316
- Depreciation -€1,273
down €1,273 (-38.5%), from €3,307 to €2,034
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,120 | €99,895 | +€44,775 | +81.2% |
| Fixed assets | 21/28 | €6,890 | €10,395 | +€3,505 | +50.9% |
| Tangible fixed assets | 22/27 | €2,277 | €3,032 | +€755 | +33.2% |
| Plant, machinery and equipment | 23 | €1,598 | €1,160 | -€438 | -27.4% |
| Furniture and vehicles | 24 | €678 | €1,872 | +€1,193 | +176% |
| Financial fixed assets | 28 | €4,613 | €7,363 | +€2,750 | +59.6% |
| Current assets | 29/58 | €48,230 | €89,500 | +€41,270 | +85.6% |
| Amounts receivable within one year | 40/41 | €47,781 | €78,461 | +€30,680 | +64.2% |
| Trade receivables | 40 | €47,781 | €72,577 | +€24,796 | +51.9% |
| Other amounts receivable | 41 | - | €5,884 | +€5,884 | |
| Deferred charges and accrued income | 490/1 | €449 | €11,039 | +€10,590 | +2,358% |
| Total equity and liabilities | 10/49 | €55,120 | €99,895 | +€44,775 | +81.2% |
| Equity | 10/15 | €4,475 | €68,493 | +€64,019 | +1,431% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,475 | €66,493 | +€64,019 | +2,587% |
| Amounts payable | 17/49 | €50,645 | €31,402 | -€19,243 | -38.0% |
| Amounts payable within one year | 42/48 | €49,408 | €31,402 | -€18,006 | -36.4% |
| Current portion of amounts payable after more than one year | 42 | €4,300 | - | -€4,300 | |
| Financial debts | 43 | €14,517 | €13,938 | -€580 | -4.0% |
| Credit institutions | 430/8 | €14,517 | €13,938 | -€580 | -4.0% |
| Trade debts | 44 | €11,851 | €3,171 | -€8,679 | -73.2% |
| Suppliers | 440/4 | €11,851 | €3,171 | -€8,679 | -73.2% |
| Taxes, remuneration and social security | 45 | €17,868 | €14,293 | -€3,575 | -20.0% |
| Taxes | 450/3 | €8,961 | €5,808 | -€3,153 | -35.2% |
| Remuneration and social security | 454/9 | €8,907 | €8,485 | -€422 | -4.7% |
| Other amounts payable | 47/48 | €872 | - | -€872 | |
| Accrued charges and deferred income | 492/3 | €1,238 | - | -€1,238 | |
| Non-recurring operating income | 76A | €2,232 | - | -€2,232 | |
| Remuneration, social security and pensions | 62 | €8,181 | - | -€8,181 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,307 | €2,034 | -€1,273 | -38.5% |
| Other operating charges | 640/8 | €680 | €1,374 | +€694 | +102% |
| Non-recurring operating charges | 66A | €250 | - | -€250 | |
| Gross operating margin | 9900 | -€13,950 | €85,933 | +€99,883 | |
| Operating profit (loss) | 9901 | -€26,367 | €82,525 | +€108,892 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €7,261 | €13,190 | +€5,929 | +81.7% |
| Recurring financial charges | 65 | €7,261 | €13,040 | +€5,779 | +79.6% |
| Non-recurring financial charges | 66B | - | €150 | +€150 | |
| Profit (loss) for the period before taxes | 9903 | -€33,628 | €69,335 | +€102,963 | |
| Income taxes | 67/77 | - | €5,316 | +€5,316 | |
| Profit (loss) for the period | 9904 | -€33,628 | €64,019 | +€97,647 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,628 | €64,019 | +€97,647 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.