Elydo: 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.
Elydo
Largest movements
- Tangible fixed assets +€258,759
up €258,759 (+25888.3%), from €1,000 to €259,758
of which Land and buildings: +€259,199
- Receivables within one year +€73,649
up €73,649 (+148.5%), from €49,581 to €123,231
of which Other amounts receivable: +€67,599
- Current investments +€37,018
up €37,018 (+185.1%), from €20,000 to €57,018
- Cash +€28,572
up €28,572 (+154.4%), from €18,504 to €47,075
mainly Debts after one year (+€227,001) and Other debts (+€194,167)
- Debts after one year +€227,001
up €227,001 (+210.0%), from €108,093 to €335,094
- Other debts +€194,167
up €194,167 (+23309.4%), from €833 to €195,000
- Reserves -€35,500
down €35,500 (-21.1%), from €168,000 to €132,500
- Current portion of long-term debt +€10,122
up €10,122 (+45.7%), from €22,132 to €32,254
- Financial income -€146,201
down €146,201 (-94.9%), from €154,102 to €7,902
- Gross operating margin -€35,619
down €35,619, from €32,825 to -€2,794
- Depreciation +€32,121
up €32,121 (+10015.2%), from €321 to €32,441
- Taxes -€5,787
down €5,787 (-100.0%), from €5,787 to €0
- Financial charges -€4,979
down €4,979 (-42.5%), from €11,708 to €6,729
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.
Cash bridge derived
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 | €314,983 | €712,082 | +€397,100 | +126.1% |
| Fixed assets | 21/28 | €226,000 | €484,758 | +€258,759 | +114.5% |
| Tangible fixed assets | 22/27 | €1,000 | €259,758 | +€258,759 | +25888.3% |
| Land and buildings | 22 | - | €259,199 | +€259,199 | |
| Furniture and vehicles | 24 | €1,000 | €559 | -€440 | -44.0% |
| Financial fixed assets | 28 | €225,000 | €225,000 | = | 0.0% |
| Current assets | 29/58 | €88,983 | €227,324 | +€138,341 | +155.5% |
| Amounts receivable within one year | 40/41 | €49,581 | €123,231 | +€73,649 | +148.5% |
| Trade receivables | 40 | - | €6,050 | +€6,050 | |
| Other amounts receivable | 41 | €49,581 | €117,181 | +€67,599 | +136.3% |
| Current investments | 50/53 | €20,000 | €57,018 | +€37,018 | +185.1% |
| Cash at bank and in hand | 54/58 | €18,504 | €47,075 | +€28,572 | +154.4% |
| Deferred charges and accrued income | 490/1 | €898 | €0 | -€898 | -100.0% |
| Total equity and liabilities | 10/49 | €314,983 | €712,082 | +€397,100 | +126.1% |
| Equity | 10/15 | €173,152 | €137,705 | -€35,447 | -20.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €168,000 | €132,500 | -€35,500 | -21.1% |
| Distributable reserves | 133 | €168,000 | €132,500 | -€35,500 | -21.1% |
| Profit (loss) carried forward | 14 | €152 | €205 | +€53 | +34.7% |
| Amounts payable | 17/49 | €141,830 | €574,377 | +€432,547 | +305.0% |
| Amounts payable after more than one year | 17 | €108,093 | €335,094 | +€227,001 | +210.0% |
| Financial debts | 170/4 | €108,093 | €335,094 | +€227,001 | +210.0% |
| Amounts payable within one year | 42/48 | €31,448 | €234,968 | +€203,520 | +647.2% |
| Current portion of amounts payable after more than one year | 42 | €22,132 | €32,254 | +€10,122 | +45.7% |
| Trade debts | 44 | €1,024 | €1,034 | +€9 | +0.9% |
| Suppliers | 440/4 | €1,024 | €1,034 | +€9 | +0.9% |
| Taxes, remuneration and social security | 45 | €7,459 | €6,681 | -€778 | -10.4% |
| Taxes | 450/3 | €5,409 | €4,631 | -€778 | -14.4% |
| Remuneration and social security | 454/9 | €2,050 | €2,050 | = | 0.0% |
| Other amounts payable | 47/48 | €833 | €195,000 | +€194,167 | +23309.4% |
| Accrued charges and deferred income | 492/3 | €2,289 | €4,314 | +€2,026 | +88.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €321 | €32,441 | +€32,121 | +10015.2% |
| Other operating charges | 640/8 | €126 | €1,384 | +€1,258 | +998.8% |
| Gross operating margin | 9900 | €32,825 | -€2,794 | -€35,619 | |
| Operating profit (loss) | 9901 | €32,378 | -€36,620 | -€68,998 | |
| Financial income | 75/76B | €154,102 | €7,902 | -€146,201 | -94.9% |
| Recurring financial income | 75 | €154,102 | €7,902 | -€146,201 | -94.9% |
| Financial charges | 65/66B | €11,708 | €6,729 | -€4,979 | -42.5% |
| Recurring financial charges | 65 | €11,708 | €6,729 | -€4,979 | -42.5% |
| Profit (loss) for the period before taxes | 9903 | €174,773 | -€35,447 | -€210,220 | |
| Income taxes | 67/77 | €5,787 | €0 | -€5,787 | -100.0% |
| Profit (loss) for the period | 9904 | €168,985 | -€35,447 | -€204,432 | |
| Profit (loss) for the period to be appropriated | 9905 | €168,985 | -€35,447 | -€204,432 |
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 10 October 2026 via checked.be.