ELYPSE: what changed
Two fiscal 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.
ELYPSE
Largest movements
- Receivables within one year -€43,560
down €43,560 (-45.6%), from €95,473 to €51,913
of which Trade receivables: -€57,536
- Tangible fixed assets +€22,917
up €22,917 (+23.8%), from €96,174 to €119,092
of which Furniture and vehicles: +€30,228
- Cash +€14,968
up €14,968 (+8.5%), from €176,215 to €191,184
mainly Receivables within one year (+€43,560) and Depreciation (+€10,125)
- Reserves -€46,955
down €46,955 (-15.6%), from €300,618 to €253,663
of which Distributable reserves: -€46,955
- Profit (loss) carried forward +€41,442
new in 2025: €41,442
- Tax, wage and social debts -€7,847
down €7,847 (-29.2%), from €26,916 to €19,069
of which Taxes: -€4,928
- Turnover -€605,383
no longer reported in 2025 (was €605,383)
- Purchases and services -€392,916
no longer reported in 2025 (was €392,916)
- Gross operating margin -€93,006
down €93,006 (-38.7%), from €240,230 to €147,224
- Taxes -€21,440
down €21,440 (-99.4%), from €21,576 to €136
- Staff costs -€10,946
down €10,946 (-7.5%), from €146,377 to €135,431
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 | €380,202 | €368,770 | -€11,432 | -3.0% |
| Fixed assets | 21/28 | €96,224 | €119,142 | +€22,917 | +23.8% |
| Tangible fixed assets | 22/27 | €96,174 | €119,092 | +€22,917 | +23.8% |
| Land and buildings | 22 | €92,521 | €86,544 | -€5,978 | -6.5% |
| Plant, machinery and equipment | 23 | €3,459 | €2,126 | -€1,333 | -38.5% |
| Furniture and vehicles | 24 | €194 | €30,422 | +€30,228 | +15609.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €283,978 | €249,629 | -€34,349 | -12.1% |
| Stocks and contracts in progress | 3 | €6,892 | €4,476 | -€2,416 | -35.1% |
| Stocks | 30/36 | €6,892 | €4,476 | -€2,416 | -35.1% |
| Amounts receivable within one year | 40/41 | €95,473 | €51,913 | -€43,560 | -45.6% |
| Trade receivables | 40 | €86,061 | €28,525 | -€57,536 | -66.9% |
| Other amounts receivable | 41 | €9,412 | €23,388 | +€13,976 | +148.5% |
| Cash at bank and in hand | 54/58 | €176,215 | €191,184 | +€14,968 | +8.5% |
| Deferred charges and accrued income | 490/1 | €5,398 | €2,056 | -€3,342 | -61.9% |
| Total equity and liabilities | 10/49 | €380,202 | €368,770 | -€11,432 | -3.0% |
| Equity | 10/15 | €306,818 | €301,305 | -€5,513 | -1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €300,618 | €253,663 | -€46,955 | -15.6% |
| Non-distributable reserves | 130/1 | €251,803 | €251,803 | = | 0.0% |
| Reserves not available under the articles | 1311 | €251,803 | €251,803 | = | 0.0% |
| Distributable reserves | 133 | €48,815 | €1,860 | -€46,955 | -96.2% |
| Profit (loss) carried forward | 14 | - | €41,442 | +€41,442 | |
| Amounts payable | 17/49 | €73,384 | €67,465 | -€5,919 | -8.1% |
| Amounts payable within one year | 42/48 | €73,384 | €67,465 | -€5,919 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €20,385 | €20,000 | -€385 | -1.9% |
| Trade debts | 44 | €11,022 | €13,385 | +€2,363 | +21.4% |
| Suppliers | 440/4 | €11,022 | €13,385 | +€2,363 | +21.4% |
| Taxes, remuneration and social security | 45 | €26,916 | €19,069 | -€7,847 | -29.2% |
| Taxes | 450/3 | €6,998 | €2,070 | -€4,928 | -70.4% |
| Remuneration and social security | 454/9 | €19,918 | €16,998 | -€2,920 | -14.7% |
| Other amounts payable | 47/48 | €15,062 | €15,012 | -€50 | -0.3% |
| Turnover | 70 | €605,383 | - | -€605,383 | |
| Goods, raw materials, services and sundry goods | 60/61 | €392,916 | - | -€392,916 | |
| Remuneration, social security and pensions | 62 | €146,377 | €135,431 | -€10,946 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,619 | €10,125 | -€1,494 | -12.9% |
| Other operating charges | 640/8 | €3,223 | €3,328 | +€105 | +3.3% |
| Non-recurring operating charges | 66A | €697 | €652 | -€45 | -6.4% |
| Gross operating margin | 9900 | €240,230 | €147,224 | -€93,006 | -38.7% |
| Operating profit (loss) | 9901 | €78,313 | -€2,313 | -€80,626 | |
| Financial income | 75/76B | €175 | €1,202 | +€1,027 | +585.3% |
| Recurring financial income | 75 | €175 | €1,202 | +€1,027 | +585.3% |
| Financial charges | 65/66B | €4,448 | €4,267 | -€182 | -4.1% |
| Recurring financial charges | 65 | €4,448 | €4,267 | -€182 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €74,040 | -€5,377 | -€79,417 | |
| Income taxes | 67/77 | €21,576 | €136 | -€21,440 | -99.4% |
| Profit (loss) for the period | 9904 | €52,464 | -€5,513 | -€57,978 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,464 | -€5,513 | -€57,978 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.