ELYSE: 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.
ELYSE
Largest movements
- Cash +€6,573
up €6,573 (+1379.0%), from €477 to €7,050
mainly Net result for the year (+€8,844) and Other debts (+€7,814)
- Receivables within one year +€1,959
up €1,959 (+237.0%), from €826 to €2,785
of which Trade receivables: +€1,959
- Deferred charges and accrued income +€818
new in 2025: €818
- Tangible fixed assets +€600
up €600 (+60.9%), from €984 to €1,584
- Advances received -€10,000
down €10,000 (-100.0%), from €10,000 to €0
- Profit (loss) carried forward +€8,844
up €8,844 (+27.9%), from -€31,756 to -€22,912
- Other debts +€7,814
up €7,814 (+61.9%), from €12,627 to €20,441
- Trade debts +€5,113
up €5,113 (+130.7%), from €3,913 to €9,026
- Tax, wage and social debts -€1,821
down €1,821 (-52.0%), from €3,502 to €1,681
of which Taxes: -€1,821
- Gross operating margin +€20,613
up €20,613 (+622.5%), from €3,311 to €23,924
- Other operating charges +€10,233
up €10,233 (+1102.9%), from €928 to €11,161
- Financial charges +€2,249
up €2,249 (+7027.8%), from €32 to €2,281
- Taxes +€1,073
new in 2025: €1,073
- Depreciation +€524
up €524 (+1276.4%), from €41 to €565
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 | €2,288 | €12,236 | +€9,949 | +434.9% |
| Fixed assets | 21/28 | €984 | €1,584 | +€600 | +60.9% |
| Tangible fixed assets | 22/27 | €984 | €1,584 | +€600 | +60.9% |
| Furniture and vehicles | 24 | €984 | €1,584 | +€600 | +60.9% |
| Current assets | 29/58 | €1,303 | €10,652 | +€9,349 | +717.4% |
| Amounts receivable within one year | 40/41 | €826 | €2,785 | +€1,959 | +237.0% |
| Trade receivables | 40 | €826 | €2,785 | +€1,959 | +237.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €477 | €7,050 | +€6,573 | +1379.0% |
| Deferred charges and accrued income | 490/1 | - | €818 | +€818 | |
| Total equity and liabilities | 10/49 | €2,288 | €12,236 | +€9,949 | +434.9% |
| Equity | 10/15 | -€27,756 | -€18,912 | +€8,844 | +31.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,756 | -€22,912 | +€8,844 | +27.9% |
| Amounts payable | 17/49 | €30,044 | €31,148 | +€1,104 | +3.7% |
| Amounts payable within one year | 42/48 | €30,044 | €31,148 | +€1,104 | +3.7% |
| Financial debts | 43 | €2 | €0 | -€2 | -100.0% |
| Credit institutions | 430/8 | €2 | €0 | -€2 | -100.0% |
| Trade debts | 44 | €3,913 | €9,026 | +€5,113 | +130.7% |
| Suppliers | 440/4 | €3,913 | €9,026 | +€5,113 | +130.7% |
| Advances received on contracts in progress | 46 | €10,000 | €0 | -€10,000 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,502 | €1,681 | -€1,821 | -52.0% |
| Taxes | 450/3 | €3,502 | €1,681 | -€1,821 | -52.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €12,627 | €20,441 | +€7,814 | +61.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41 | €565 | +€524 | +1276.4% |
| Other operating charges | 640/8 | €928 | €11,161 | +€10,233 | +1102.9% |
| Gross operating margin | 9900 | €3,311 | €23,924 | +€20,613 | +622.5% |
| Operating profit (loss) | 9901 | €2,343 | €12,198 | +€9,855 | +420.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €32 | €2,281 | +€2,249 | +7027.8% |
| Recurring financial charges | 65 | €32 | €2,281 | +€2,249 | +7027.8% |
| Profit (loss) for the period before taxes | 9903 | €2,311 | €9,917 | +€7,607 | +329.2% |
| Income taxes | 67/77 | - | €1,073 | +€1,073 | |
| Profit (loss) for the period | 9904 | €2,311 | €8,844 | +€6,534 | +282.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,311 | €8,844 | +€6,534 | +282.8% |
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 12 October 2026 via checked.be.