Elytra: 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.
Elytra
Largest movements
- Tangible fixed assets -€22,922
down €22,922 (-19.7%), from €116,641 to €93,720
of which Furniture and vehicles: -€16,273
- Cash +€21,079
up €21,079 (+227%), from €9,304 to €30,384
mainly Net result for the year (+€51,024) and Other debts (+€36,768)
- Receivables within one year +€2,756
up €2,756 (+35.0%), from €7,874 to €10,630
of which Other amounts receivable: +€1,551
- Deferred charges and accrued income -€1,825
down €1,825 (-50.1%), from €3,642 to €1,817
- Other debts +€36,768
up €36,768 (+141%), from €26,047 to €62,815
- Debts after one year -€16,000
down €16,000 (-28.6%), from €56,000 to €40,000
- Reserves -€10,695
down €10,695 (-88.2%), from €12,122 to €1,427
of which Distributable reserves: -€10,695
- Current portion of long-term debt -€7,909
no longer reported in 2025 (was €7,909)
- Trade debts -€2,695
down €2,695 (-54.7%), from €4,928 to €2,232
- Gross operating margin +€20,952
up €20,952 (+22.1%), from €94,609 to €115,561
- Depreciation +€7,490
up €7,490 (+48.2%), from €15,550 to €23,041
- Taxes -€2,642
down €2,642 (-19.4%), from €13,591 to €10,949
- Staff costs +€1,245
up €1,245 (+4.5%), from €27,836 to €29,080
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 | €137,462 | €136,550 | -€912 | -0.7% |
| Fixed assets | 21/28 | €116,641 | €93,720 | -€22,922 | -19.7% |
| Tangible fixed assets | 22/27 | €116,641 | €93,720 | -€22,922 | -19.7% |
| Land and buildings | 22 | €90,714 | €84,641 | -€6,073 | -6.7% |
| Plant, machinery and equipment | 23 | €1,205 | €988 | -€217 | -18.0% |
| Furniture and vehicles | 24 | €24,363 | €8,091 | -€16,273 | -66.8% |
| Leasing and similar rights | 25 | €359 | - | -€359 | |
| Current assets | 29/58 | €20,821 | €42,831 | +€22,010 | +106% |
| Amounts receivable within one year | 40/41 | €7,874 | €10,630 | +€2,756 | +35.0% |
| Trade receivables | 40 | €7,874 | €9,079 | +€1,204 | +15.3% |
| Other amounts receivable | 41 | - | €1,551 | +€1,551 | |
| Cash at bank and in hand | 54/58 | €9,304 | €30,384 | +€21,079 | +227% |
| Deferred charges and accrued income | 490/1 | €3,642 | €1,817 | -€1,825 | -50.1% |
| Total equity and liabilities | 10/49 | €137,462 | €136,550 | -€912 | -0.7% |
| Equity | 10/15 | €30,672 | €19,977 | -€10,695 | -34.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €12,122 | €1,427 | -€10,695 | -88.2% |
| Tax-exempt reserves | 132 | €1,427 | €1,427 | = | 0.0% |
| Distributable reserves | 133 | €10,695 | - | -€10,695 | |
| Amounts payable | 17/49 | €106,790 | €116,573 | +€9,783 | +9.2% |
| Amounts payable after more than one year | 17 | €56,000 | €40,000 | -€16,000 | -28.6% |
| Other amounts payable | 178/9 | €56,000 | €40,000 | -€16,000 | -28.6% |
| Amounts payable within one year | 42/48 | €50,790 | €76,573 | +€25,783 | +50.8% |
| Current portion of amounts payable after more than one year | 42 | €7,909 | - | -€7,909 | |
| Financial debts | 43 | €4,231 | €4,216 | -€15 | -0.4% |
| Credit institutions | 430/8 | €4,231 | €4,216 | -€15 | -0.4% |
| Trade debts | 44 | €4,928 | €2,232 | -€2,695 | -54.7% |
| Suppliers | 440/4 | €4,928 | €2,232 | -€2,695 | -54.7% |
| Taxes, remuneration and social security | 45 | €7,676 | €7,310 | -€366 | -4.8% |
| Taxes | 450/3 | €3,359 | €2,824 | -€535 | -15.9% |
| Remuneration and social security | 454/9 | €4,317 | €4,486 | +€169 | +3.9% |
| Other amounts payable | 47/48 | €26,047 | €62,815 | +€36,768 | +141% |
| Remuneration, social security and pensions | 62 | €27,836 | €29,080 | +€1,245 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,550 | €23,041 | +€7,490 | +48.2% |
| Other operating charges | 640/8 | €808 | €830 | +€22 | +2.7% |
| Gross operating margin | 9900 | €94,609 | €115,561 | +€20,952 | +22.1% |
| Operating profit (loss) | 9901 | €50,414 | €62,609 | +€12,195 | +24.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,128 | €636 | -€492 | -43.6% |
| Recurring financial charges | 65 | €1,128 | €636 | -€492 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | €49,286 | €61,973 | +€12,687 | +25.7% |
| Income taxes | 67/77 | €13,591 | €10,949 | -€2,642 | -19.4% |
| Profit (loss) for the period | 9904 | €35,695 | €51,024 | +€15,330 | +42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,695 | €51,024 | +€15,330 | +42.9% |
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 13 October 2026 via checked.be.