ELYS GROUPE: what changed
ELYS GROUPE
Largest movements
- Receivables within one year -€68,603
down €68,603 (-77.6%), from €88,461 to €19,859
of which Other amounts receivable: -€53,297
- Cash +€51,868
up €51,868 (+262%), from €19,765 to €71,633
mainly Net result for the year (+€88,021) and Receivables within one year (+€68,603)
- Tangible fixed assets -€22,084
down €22,084 (-18.6%), from €118,637 to €96,552
of which Leasing and similar rights: -€20,995
- Reserves +€88,000
up €88,000 (+45.1%), from €195,000 to €283,000
- Other debts -€74,393
down €74,393 (-30.9%), from €240,615 to €166,222
- Debts after one year -€73,381
down €73,381 (-31.3%), from €234,260 to €160,879
- Tax, wage and social debts +€26,782
up €26,782 (+85.2%), from €31,430 to €58,212
of which Taxes: +€24,778
- Financial income +€56,993
up €56,993 (+61.9%), from €92,008 to €149,000
- Gross operating margin -€45,621
down €45,621 (-47.8%), from €95,466 to €49,845
- Staff costs +€8,018
up €8,018 (+18.5%), from €43,420 to €51,438
- Depreciation +€5,488
up €5,488 (+18.7%), from €29,416 to €34,904
- Financial charges -€5,444
down €5,444 (-34.4%), from €15,833 to €10,389
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
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,029,540 | €991,075 | -€38,465 | -3.7% |
| Fixed assets | 21/28 | €918,637 | €896,552 | -€22,084 | -2.4% |
| Tangible fixed assets | 22/27 | €118,637 | €96,552 | -€22,084 | -18.6% |
| Plant, machinery and equipment | 23 | €1,190 | €1,056 | -€134 | -11.2% |
| Furniture and vehicles | 24 | €35,744 | €34,788 | -€956 | -2.7% |
| Leasing and similar rights | 25 | €81,703 | €60,708 | -€20,995 | -25.7% |
| Financial fixed assets | 28 | €800,000 | €800,000 | = | 0.0% |
| Current assets | 29/58 | €110,903 | €94,522 | -€16,381 | -14.8% |
| Amounts receivable within one year | 40/41 | €88,461 | €19,859 | -€68,603 | -77.6% |
| Trade receivables | 40 | €29,934 | €14,628 | -€15,306 | -51.1% |
| Other amounts receivable | 41 | €58,527 | €5,230 | -€53,297 | -91.1% |
| Cash at bank and in hand | 54/58 | €19,765 | €71,633 | +€51,868 | +262% |
| Deferred charges and accrued income | 490/1 | €2,677 | €3,030 | +€353 | +13.2% |
| Total equity and liabilities | 10/49 | €1,029,540 | €991,075 | -€38,465 | -3.7% |
| Equity | 10/15 | €418,008 | €506,030 | +€88,021 | +21.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €195,000 | €283,000 | +€88,000 | +45.1% |
| Distributable reserves | 133 | €195,000 | €283,000 | +€88,000 | +45.1% |
| Profit (loss) carried forward | 14 | €3,008 | €3,030 | +€21 | +0.7% |
| Amounts payable | 17/49 | €611,532 | €485,045 | -€126,487 | -20.7% |
| Amounts payable after more than one year | 17 | €234,260 | €160,879 | -€73,381 | -31.3% |
| Financial debts | 170/4 | €234,260 | €160,879 | -€73,381 | -31.3% |
| Amounts payable within one year | 42/48 | €377,272 | €324,166 | -€53,106 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €72,352 | €73,381 | +€1,029 | +1.4% |
| Trade debts | 44 | €32,875 | €26,351 | -€6,524 | -19.8% |
| Suppliers | 440/4 | €32,875 | €26,351 | -€6,524 | -19.8% |
| Taxes, remuneration and social security | 45 | €31,430 | €58,212 | +€26,782 | +85.2% |
| Taxes | 450/3 | €26,509 | €51,287 | +€24,778 | +93.5% |
| Remuneration and social security | 454/9 | €4,921 | €6,925 | +€2,004 | +40.7% |
| Other amounts payable | 47/48 | €240,615 | €166,222 | -€74,393 | -30.9% |
| Remuneration, social security and pensions | 62 | €43,420 | €51,438 | +€8,018 | +18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,416 | €34,904 | +€5,488 | +18.7% |
| Other operating charges | 640/8 | €3,298 | €4,691 | +€1,393 | +42.2% |
| Gross operating margin | 9900 | €95,466 | €49,845 | -€45,621 | -47.8% |
| Operating profit (loss) | 9901 | €19,331 | -€41,189 | -€60,520 | |
| Financial income | 75/76B | €92,008 | €149,000 | +€56,993 | +61.9% |
| Recurring financial income | 75 | €92,008 | €149,000 | +€56,993 | +61.9% |
| Financial charges | 65/66B | €15,833 | €10,389 | -€5,444 | -34.4% |
| Recurring financial charges | 65 | €15,833 | €10,389 | -€5,444 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | €95,506 | €97,423 | +€1,916 | +2.0% |
| Income taxes | 67/77 | €9,602 | €9,401 | -€201 | -2.1% |
| Profit (loss) for the period | 9904 | €85,904 | €88,021 | +€2,118 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €85,904 | €88,021 | +€2,118 | +2.5% |
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 8 November 2026 via checked.be.