ELYSIUM GROUP: 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.
ELYSIUM GROUP
Largest movements
- Receivables within one year +€247,145
up €247,145 (+63.9%), from €386,477 to €633,622
of which Trade receivables: +€152,852
- Cash +€134,666
up €134,666 (+4,231%), from €3,183 to €137,849
mainly Net result for the year (+€344,314) and Other debts (+€236,677)
- Tangible fixed assets -€41,604
down €41,604 (-4.1%), from €1.0m to €964,320
of which Land and buildings: -€26,154
- Other debts +€236,677
up €236,677 (+1,253%), from €18,891 to €255,568
- Debts after one year +€118,421
up €118,421 (+15.8%), from €750,594 to €869,016
- Reserves -€94,634
down €94,634 (-20.9%), from €452,941 to €358,307
of which Distributable reserves: -€94,634
- Tax, wage and social debts +€52,265
up €52,265 (+53.7%), from €97,407 to €149,672
of which Taxes: +€52,038
- Current portion of long-term debt +€38,608
up €38,608 (+89.8%), from €42,970 to €81,579
- Financial charges +€53,022
up €53,022 (+149%), from €35,477 to €88,499
- Gross operating margin -€33,313
down €33,313 (-5.0%), from €671,673 to €638,360
- Taxes -€24,299
down €24,299 (-17.4%), from €139,356 to €115,058
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 | €1,398,374 | €1,738,104 | +€339,729 | +24.3% |
| Fixed assets | 21/28 | €1,005,924 | €964,320 | -€41,604 | -4.1% |
| Tangible fixed assets | 22/27 | €1,005,924 | €964,320 | -€41,604 | -4.1% |
| Land and buildings | 22 | €957,102 | €930,949 | -€26,154 | -2.7% |
| Plant, machinery and equipment | 23 | €4,436 | €3,158 | -€1,278 | -28.8% |
| Furniture and vehicles | 24 | €44,386 | €30,214 | -€14,172 | -31.9% |
| Current assets | 29/58 | €392,451 | €773,783 | +€381,333 | +97.2% |
| Amounts receivable within one year | 40/41 | €386,477 | €633,622 | +€247,145 | +63.9% |
| Trade receivables | 40 | €318,804 | €471,656 | +€152,852 | +47.9% |
| Other amounts receivable | 41 | €67,673 | €161,966 | +€94,293 | +139% |
| Current investments | 50/53 | €1,047 | €69 | -€978 | -93.5% |
| Cash at bank and in hand | 54/58 | €3,183 | €137,849 | +€134,666 | +4,231% |
| Deferred charges and accrued income | 490/1 | €1,744 | €2,244 | +€500 | +28.7% |
| Total equity and liabilities | 10/49 | €1,398,374 | €1,738,104 | +€339,729 | +24.3% |
| Equity | 10/15 | €459,778 | €365,144 | -€94,634 | -20.6% |
| Contributions | 10/11 | €6,837 | €6,837 | = | 0.0% |
| Reserves | 13 | €452,941 | €358,307 | -€94,634 | -20.9% |
| Tax-exempt reserves | 132 | €13,993 | €13,993 | = | 0.0% |
| Distributable reserves | 133 | €438,948 | €344,314 | -€94,634 | -21.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €938,597 | €1,372,960 | +€434,363 | +46.3% |
| Amounts payable after more than one year | 17 | €750,594 | €869,016 | +€118,421 | +15.8% |
| Financial debts | 170/4 | €750,594 | €869,016 | +€118,421 | +15.8% |
| Amounts payable within one year | 42/48 | €188,002 | €503,944 | +€315,942 | +168% |
| Current portion of amounts payable after more than one year | 42 | €42,970 | €81,579 | +€38,608 | +89.8% |
| Financial debts | 43 | €27,244 | €14,659 | -€12,584 | -46.2% |
| Credit institutions | 430/8 | €27,244 | €14,659 | -€12,584 | -46.2% |
| Trade debts | 44 | €1,490 | €2,465 | +€975 | +65.4% |
| Suppliers | 440/4 | €1,490 | €2,465 | +€975 | +65.4% |
| Taxes, remuneration and social security | 45 | €97,407 | €149,672 | +€52,265 | +53.7% |
| Taxes | 450/3 | €91,317 | €143,355 | +€52,038 | +57.0% |
| Remuneration and social security | 454/9 | €6,090 | €6,317 | +€228 | +3.7% |
| Other amounts payable | 47/48 | €18,891 | €255,568 | +€236,677 | +1,253% |
| Remuneration, social security and pensions | 62 | €45,236 | €48,038 | +€2,802 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,488 | €41,604 | +€116 | +0.3% |
| Other operating charges | 640/8 | €2,206 | €4,450 | +€2,245 | +102% |
| Gross operating margin | 9900 | €671,673 | €638,360 | -€33,313 | -5.0% |
| Operating profit (loss) | 9901 | €582,743 | €544,268 | -€38,475 | -6.6% |
| Financial income | 75/76B | €1,657 | €3,602 | +€1,945 | +117% |
| Recurring financial income | 75 | €1,657 | €3,602 | +€1,945 | +117% |
| Financial charges | 65/66B | €35,477 | €88,499 | +€53,022 | +149% |
| Recurring financial charges | 65 | €35,477 | €88,499 | +€53,022 | +149% |
| Profit (loss) for the period before taxes | 9903 | €548,924 | €459,372 | -€89,552 | -16.3% |
| Income taxes | 67/77 | €139,356 | €115,058 | -€24,299 | -17.4% |
| Profit (loss) for the period | 9904 | €409,567 | €344,314 | -€65,253 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €409,567 | €344,314 | -€65,253 | -15.9% |
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 16 October 2026 via checked.be.