ELYX 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.
ELYX GROUP
Largest movements
- Tangible fixed assets +€48,349
up €48,349 (+87.9%), from €55,000 to €103,349
of which Plant, machinery and equipment: +€40,430
- Receivables within one year +€19,712
up €19,712 (+13.6%), from €145,372 to €165,084
of which Other amounts receivable: +€33,382
- Cash +€16,134
up €16,134 (+188%), from €8,603 to €24,737
mainly Debts after one year (+€92,778) and Depreciation (+€30,112)
- Intangible fixed assets -€10,332
down €10,332 (-58.7%), from €17,588 to €7,256
- Financial fixed assets +€9,741
up €9,741 (+66.5%), from €14,647 to €24,388
- Debts after one year +€92,778
up €92,778 (+995%), from €9,324 to €102,103
- Profit (loss) carried forward +€22,228
up €22,228 (+36.8%), from €60,396 to €82,624
- Tax, wage and social debts +€15,797
up €15,797 (+211%), from €7,480 to €23,278
of which Taxes: +€8,056
- Current portion of long-term debt -€14,681
down €14,681 (-46.2%), from €31,776 to €17,095
- Trade debts -€12,378
down €12,378 (-78.2%), from €15,837 to €3,460
- Gross operating margin +€107,366
up €107,366 (+232%), from €46,289 to €153,654
- Staff costs +€53,293
up €53,293 (+752%), from €7,084 to €60,377
- Other operating charges +€18,832
up €18,832 (+1,803%), from €1,044 to €19,876
- Taxes +€12,646
up €12,646 (+867%), from €1,459 to €14,105
- Depreciation +€4,240
up €4,240 (+16.4%), from €25,873 to €30,112
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €245,879 | €332,774 | +€86,895 | +35.3% |
| Fixed assets | 21/28 | €87,235 | €134,992 | +€47,758 | +54.7% |
| Intangible fixed assets | 21 | €17,588 | €7,256 | -€10,332 | -58.7% |
| Tangible fixed assets | 22/27 | €55,000 | €103,349 | +€48,349 | +87.9% |
| Plant, machinery and equipment | 23 | €42,303 | €82,733 | +€40,430 | +95.6% |
| Furniture and vehicles | 24 | €1,768 | €15,529 | +€13,761 | +778% |
| Other tangible fixed assets | 26 | €10,929 | €5,087 | -€5,842 | -53.5% |
| Financial fixed assets | 28 | €14,647 | €24,388 | +€9,741 | +66.5% |
| Current assets | 29/58 | €158,645 | €197,782 | +€39,138 | +24.7% |
| Stocks and contracts in progress | 3 | €4,669 | €7,961 | +€3,292 | +70.5% |
| Stocks | 30/36 | €4,669 | €7,961 | +€3,292 | +70.5% |
| Amounts receivable within one year | 40/41 | €145,372 | €165,084 | +€19,712 | +13.6% |
| Trade receivables | 40 | €100,195 | €86,524 | -€13,671 | -13.6% |
| Other amounts receivable | 41 | €45,177 | €78,560 | +€33,382 | +73.9% |
| Cash at bank and in hand | 54/58 | €8,603 | €24,737 | +€16,134 | +188% |
| Total equity and liabilities | 10/49 | €245,879 | €332,774 | +€86,895 | +35.3% |
| Equity | 10/15 | €87,896 | €110,124 | +€22,228 | +25.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,396 | €82,624 | +€22,228 | +36.8% |
| Amounts payable | 17/49 | €157,984 | €222,651 | +€64,667 | +40.9% |
| Amounts payable after more than one year | 17 | €9,324 | €102,103 | +€92,778 | +995% |
| Financial debts | 170/4 | €9,324 | €102,103 | +€92,778 | +995% |
| Amounts payable within one year | 42/48 | €143,393 | €120,548 | -€22,845 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €31,776 | €17,095 | -€14,681 | -46.2% |
| Financial debts | 43 | €11,583 | - | -€11,583 | |
| Credit institutions | 430/8 | €11,583 | - | -€11,583 | |
| Trade debts | 44 | €15,837 | €3,460 | -€12,378 | -78.2% |
| Suppliers | 440/4 | €15,837 | €3,460 | -€12,378 | -78.2% |
| Advances received on contracts in progress | 46 | €76,716 | €76,716 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,480 | €23,278 | +€15,797 | +211% |
| Taxes | 450/3 | €7,268 | €15,324 | +€8,056 | +111% |
| Remuneration and social security | 454/9 | €212 | €7,953 | +€7,741 | +3,645% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €5,266 | - | -€5,266 | |
| Remuneration, social security and pensions | 62 | €7,084 | €60,377 | +€53,293 | +752% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,873 | €30,112 | +€4,240 | +16.4% |
| Other operating charges | 640/8 | €1,044 | €19,876 | +€18,832 | +1,803% |
| Gross operating margin | 9900 | €46,289 | €153,654 | +€107,366 | +232% |
| Operating profit (loss) | 9901 | €12,288 | €43,288 | +€31,001 | +252% |
| Financial income | 75/76B | €0 | €234 | +€234 | +584,925% |
| Recurring financial income | 75 | €0 | €234 | +€234 | +584,925% |
| Financial charges | 65/66B | €7,012 | €7,189 | +€177 | +2.5% |
| Recurring financial charges | 65 | €7,012 | €7,189 | +€177 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €5,276 | €36,333 | +€31,058 | +589% |
| Income taxes | 67/77 | €1,459 | €14,105 | +€12,646 | +867% |
| Profit (loss) for the period | 9904 | €3,816 | €22,228 | +€18,412 | +482% |
| Profit (loss) for the period to be appropriated | 9905 | €3,816 | €22,228 | +€18,412 | +482% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.