ELYSIS BELGIQUE: what changed
What changed
ELYSIS BELGIQUE
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
filed annual accounts (NBB)
Net result for the year
€165,279
2024 · €18,175+€147,104
Equity
€201,298
2024 · €36,019+€165,279
Cash
€1.4m
2024 · €54,428+€1.3m
Balance sheet total
€1.9m
2024 · €527,831+€1.4m
Largest movements
Assets
- Cash +€1.3m
up €1.3m (+2,404%), from €54,428 to €1.4m
mainly Other debts (+€896,363) and Trade debts (+€229,697)
- Receivables within one year +€56,836
up €56,836 (+12.3%), from €463,533 to €520,370
of which Trade receivables: +€57,401
Equity and liabilities
- Other debts +€896,363
up €896,363 (+747%), from €120,000 to €1.0m
- Trade debts +€229,697
up €229,697 (+183%), from €125,254 to €354,950
- Profit (loss) carried forward +€165,279
up €165,279, from €0 to €165,279
- Tax, wage and social debts +€100,030
up €100,030 (+56.0%), from €178,502 to €278,532
of which Remuneration and social security: +€104,981
- Debts after one year -€30,350
down €30,350 (-84.4%), from €35,957 to €5,607
Income statement
- Staff costs -€95,033
down €95,033 (-9.1%), from €1.0m to €946,209
- Gross operating margin +€68,568
up €68,568 (+6.2%), from €1.1m to €1.2m
- Financial charges +€12,199
up €12,199 (+341%), from €3,574 to €15,772
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.
Result 2024
€18,175
Gross operating margin
+€68,568
Staff costs
+€95,033
Depreciation
+€199
Other operating charges
+€7,348
Financial income
-€241
Financial charges
-€12,199
Taxes
-€11,604
Result 2025
€165,279
raises the resultlowers the result
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.
From operations
+€1.3m
Investment
+€383
Financing
-€30,350
Cash 2024
€54,428
From operations (derived)
+€1.3m
Net result for the year
+€165,279
Depreciation
+€913
Receivables within one year
-€56,836
Deferred charges and accrued income
+€4,705
Trade debts
+€229,697
Tax, wage and social debts
+€100,030
Other debts
+€896,363
Accrued charges and deferred income
-€1,750
Investment (derived)
+€383
Investment in fixed assets (net)
+€383
Financing
-€30,350
Debts after one year
-€30,350
Cash 2025
€1.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €527,831 | €1,887,100 | +€1.4m | +258% |
| Fixed assets | 21/28 | €2,273 | €977 | -€1,296 | -57.0% |
| Intangible fixed assets | 21 | €383 | €0 | -€383 | -100% |
| Tangible fixed assets | 22/27 | €1,527 | €614 | -€913 | -59.8% |
| Furniture and vehicles | 24 | €1,527 | €614 | -€913 | -59.8% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €525,558 | €1,886,123 | +€1.4m | +259% |
| Amounts receivable within one year | 40/41 | €463,533 | €520,370 | +€56,836 | +12.3% |
| Trade receivables | 40 | €444,857 | €502,258 | +€57,401 | +12.9% |
| Other amounts receivable | 41 | €18,676 | €18,112 | -€564 | -3.0% |
| Cash at bank and in hand | 54/58 | €54,428 | €1,362,862 | +€1.3m | +2,404% |
| Deferred charges and accrued income | 490/1 | €7,597 | €2,892 | -€4,705 | -61.9% |
| Total equity and liabilities | 10/49 | €527,831 | €1,887,100 | +€1.4m | +258% |
| Equity | 10/15 | €36,019 | €201,298 | +€165,279 | +459% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €16,019 | €16,019 | = | 0.0% |
| Distributable reserves | 133 | €16,019 | €16,019 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €165,279 | +€165,279 | |
| Amounts payable | 17/49 | €491,812 | €1,685,802 | +€1.2m | +243% |
| Amounts payable after more than one year | 17 | €35,957 | €5,607 | -€30,350 | -84.4% |
| Financial debts | 170/4 | €35,957 | €5,607 | -€30,350 | -84.4% |
| Amounts payable within one year | 42/48 | €454,106 | €1,680,196 | +€1.2m | +270% |
| Current portion of amounts payable after more than one year | 42 | €30,350 | €30,350 | = | 0.0% |
| Trade debts | 44 | €125,254 | €354,950 | +€229,697 | +183% |
| Suppliers | 440/4 | €125,254 | €354,950 | +€229,697 | +183% |
| Taxes, remuneration and social security | 45 | €178,502 | €278,532 | +€100,030 | +56.0% |
| Taxes | 450/3 | €103,264 | €98,313 | -€4,951 | -4.8% |
| Remuneration and social security | 454/9 | €75,238 | €180,219 | +€104,981 | +140% |
| Other amounts payable | 47/48 | €120,000 | €1,016,363 | +€896,363 | +747% |
| Accrued charges and deferred income | 492/3 | €1,750 | €0 | -€1,750 | -100% |
| Remuneration, social security and pensions | 62 | €1,041,242 | €946,209 | -€95,033 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,112 | €913 | -€199 | -17.9% |
| Other operating charges | 640/8 | €7,348 | €0 | -€7,348 | -100% |
| Gross operating margin | 9900 | €1,103,569 | €1,172,137 | +€68,568 | +6.2% |
| Operating profit (loss) | 9901 | €53,867 | €225,015 | +€171,148 | +318% |
| Financial income | 75/76B | €241 | €0 | -€241 | -100% |
| Recurring financial income | 75 | €241 | €0 | -€241 | -100% |
| Financial charges | 65/66B | €3,574 | €15,772 | +€12,199 | +341% |
| Recurring financial charges | 65 | €3,574 | €15,772 | +€12,199 | +341% |
| Profit (loss) for the period before taxes | 9903 | €50,534 | €209,242 | +€158,708 | +314% |
| Income taxes | 67/77 | €32,359 | €43,963 | +€11,604 | +35.9% |
| Profit (loss) for the period | 9904 | €18,175 | €165,279 | +€147,104 | +809% |
| Profit (loss) for the period to be appropriated | 9905 | €18,175 | €165,279 | +€147,104 | +809% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 4 November 2026 via checked.be.