ELYOS: 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.
ELYOS
Largest movements
- Receivables within one year -€162,759
down €162,759 (-58.2%), from €279,420 to €116,660
of which Trade receivables: -€128,309
- Cash -€111,932
down €111,932 (-65.7%), from €170,421 to €58,489
mainly Net result for the year (-€175,471) and Investment in fixed assets (net) (-€132,930)
- Tangible fixed assets +€102,519
up €102,519 (+38.2%), from €268,091 to €370,610
of which Land and buildings: +€295,076
- Deferred charges and accrued income +€10,978
up €10,978 (+375%), from €2,926 to €13,905
- Profit (loss) carried forward -€175,471
down €175,471, from €130,161 to -€45,311
- Other debts +€38,573
up €38,573 (+39.7%), from €97,254 to €135,827
- Debts after one year -€20,698
down €20,698 (-9.4%), from €219,343 to €198,645
- Gross operating margin -€149,252
down €149,252 (-65.1%), from €229,366 to €80,115
- Financial charges +€69,836
up €69,836 (+87.4%), from €79,872 to €149,708
- Taxes -€15,948
down €15,948 (-85.9%), from €18,577 to €2,628
- Depreciation +€12,840
up €12,840 (+73.1%), from €17,570 to €30,410
- Other operating charges +€8,704
up €8,704 (+365%), from €2,384 to €11,089
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 | €720,858 | €559,664 | -€161,194 | -22.4% |
| Fixed assets | 21/28 | €268,091 | €370,610 | +€102,519 | +38.2% |
| Tangible fixed assets | 22/27 | €268,091 | €370,610 | +€102,519 | +38.2% |
| Land and buildings | 22 | €60,977 | €356,053 | +€295,076 | +484% |
| Plant, machinery and equipment | 23 | €5,396 | €1,606 | -€3,789 | -70.2% |
| Furniture and vehicles | 24 | €22,095 | €12,951 | -€9,144 | -41.4% |
| Assets under construction and advance payments | 27 | €179,624 | - | -€179,624 | |
| Current assets | 29/58 | €452,767 | €189,054 | -€263,713 | -58.2% |
| Amounts receivable within one year | 40/41 | €279,420 | €116,660 | -€162,759 | -58.2% |
| Trade receivables | 40 | €234,608 | €106,299 | -€128,309 | -54.7% |
| Other amounts receivable | 41 | €44,812 | €10,362 | -€34,450 | -76.9% |
| Cash at bank and in hand | 54/58 | €170,421 | €58,489 | -€111,932 | -65.7% |
| Deferred charges and accrued income | 490/1 | €2,926 | €13,905 | +€10,978 | +375% |
| Total equity and liabilities | 10/49 | €720,858 | €559,664 | -€161,194 | -22.4% |
| Equity | 10/15 | €262,421 | €86,949 | -€175,471 | -66.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €119,860 | €119,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €118,000 | €118,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,161 | -€45,311 | -€175,471 | |
| Amounts payable | 17/49 | €458,437 | €472,714 | +€14,277 | +3.1% |
| Amounts payable after more than one year | 17 | €219,343 | €198,645 | -€20,698 | -9.4% |
| Financial debts | 170/4 | €219,343 | €198,645 | -€20,698 | -9.4% |
| Amounts payable within one year | 42/48 | €239,094 | €274,070 | +€34,975 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | €27,279 | €22,122 | -€5,157 | -18.9% |
| Trade debts | 44 | €107,864 | €105,965 | -€1,898 | -1.8% |
| Suppliers | 440/4 | €107,864 | €105,965 | -€1,898 | -1.8% |
| Taxes, remuneration and social security | 45 | €6,698 | €10,156 | +€3,457 | +51.6% |
| Taxes | 450/3 | €2,069 | €2,698 | +€628 | +30.4% |
| Remuneration and social security | 454/9 | €4,629 | €7,458 | +€2,829 | +61.1% |
| Other amounts payable | 47/48 | €97,254 | €135,827 | +€38,573 | +39.7% |
| Remuneration, social security and pensions | 62 | €64,845 | €61,762 | -€3,083 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,570 | €30,410 | +€12,840 | +73.1% |
| Other operating charges | 640/8 | €2,384 | €11,089 | +€8,704 | +365% |
| Gross operating margin | 9900 | €229,366 | €80,115 | -€149,252 | -65.1% |
| Operating profit (loss) | 9901 | €144,566 | -€23,147 | -€167,713 | |
| Financial income | 75/76B | €21 | €13 | -€8 | -39.8% |
| Recurring financial income | 75 | €21 | €13 | -€8 | -39.8% |
| Financial charges | 65/66B | €79,872 | €149,708 | +€69,836 | +87.4% |
| Recurring financial charges | 65 | €79,872 | €149,708 | +€69,836 | +87.4% |
| Profit (loss) for the period before taxes | 9903 | €64,715 | -€172,843 | -€237,557 | |
| Income taxes | 67/77 | €18,577 | €2,628 | -€15,948 | -85.9% |
| Profit (loss) for the period | 9904 | €46,138 | -€175,471 | -€221,609 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,138 | -€175,471 | -€221,609 |
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 18 October 2026 via checked.be.