ELYZA: what changed
Two fiscal 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.
ELYZA
Largest movements
- Tangible fixed assets -€13,265
down €13,265 (-2.4%), from €545,690 to €532,425
of which Land and buildings: -€18,728
- Debts after one year -€26,436
down €26,436 (-6.0%), from €442,080 to €415,644
- Other debts +€12,458
up €12,458 (+18.3%), from €68,154 to €80,612
- Depreciation -€5,433
down €5,433 (-20.0%), from €27,109 to €21,676
- Staff costs -€2,005
down €2,005 (-8.2%), from €24,319 to €22,313
- Gross operating margin -€1,961
down €1,961 (-3.2%), from €61,442 to €59,481
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.
Cash bridge derived
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 | €556,687 | €547,036 | -€9,651 | -1.7% |
| Formation expenses | 20 | €35 | €0 | -€35 | -100.0% |
| Fixed assets | 21/28 | €545,690 | €532,425 | -€13,265 | -2.4% |
| Tangible fixed assets | 22/27 | €545,690 | €532,425 | -€13,265 | -2.4% |
| Land and buildings | 22 | €534,322 | €515,594 | -€18,728 | -3.5% |
| Plant, machinery and equipment | 23 | €9,305 | €13,522 | +€4,217 | +45.3% |
| Furniture and vehicles | 24 | €2,063 | €3,309 | +€1,246 | +60.4% |
| Current assets | 29/58 | €10,962 | €14,611 | +€3,649 | +33.3% |
| Amounts receivable within one year | 40/41 | €3,866 | €8,078 | +€4,212 | +108.9% |
| Trade receivables | 40 | €1,992 | €6,284 | +€4,292 | +215.4% |
| Other amounts receivable | 41 | €1,874 | €1,794 | -€80 | -4.3% |
| Cash at bank and in hand | 54/58 | €2,218 | €1,486 | -€732 | -33.0% |
| Deferred charges and accrued income | 490/1 | €4,878 | €5,046 | +€169 | +3.5% |
| Total equity and liabilities | 10/49 | €556,687 | €547,036 | -€9,651 | -1.7% |
| Equity | 10/15 | €2,635 | €5,425 | +€2,789 | +105.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Capital | 10 | €18,550 | - | -€18,550 | |
| Issued capital | 100 | €18,550 | - | -€18,550 | |
| Profit (loss) carried forward | 14 | -€15,915 | -€13,126 | +€2,789 | +17.5% |
| Amounts payable | 17/49 | €554,052 | €541,611 | -€12,441 | -2.2% |
| Amounts payable after more than one year | 17 | €442,080 | €415,644 | -€26,436 | -6.0% |
| Financial debts | 170/4 | €442,080 | €415,644 | -€26,436 | -6.0% |
| Amounts payable within one year | 42/48 | €111,972 | €125,967 | +€13,995 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €25,945 | €26,436 | +€491 | +1.9% |
| Trade debts | 44 | €13,437 | €15,994 | +€2,557 | +19.0% |
| Suppliers | 440/4 | €13,437 | €15,994 | +€2,557 | +19.0% |
| Taxes, remuneration and social security | 45 | €4,436 | €2,926 | -€1,510 | -34.0% |
| Taxes | 450/3 | €622 | - | -€622 | |
| Remuneration and social security | 454/9 | €3,814 | €2,926 | -€888 | -23.3% |
| Other amounts payable | 47/48 | €68,154 | €80,612 | +€12,458 | +18.3% |
| Remuneration, social security and pensions | 62 | €24,319 | €22,313 | -€2,005 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,109 | €21,676 | -€5,433 | -20.0% |
| Other operating charges | 640/8 | €4,493 | €4,010 | -€483 | -10.7% |
| Gross operating margin | 9900 | €61,442 | €59,481 | -€1,961 | -3.2% |
| Operating profit (loss) | 9901 | €5,522 | €11,482 | +€5,960 | +107.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +3400.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +3400.0% |
| Financial charges | 65/66B | €9,193 | €8,693 | -€501 | -5.4% |
| Recurring financial charges | 65 | €9,193 | €8,693 | -€501 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,672 | €2,789 | +€6,461 | |
| Profit (loss) for the period | 9904 | -€3,672 | €2,789 | +€6,461 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,672 | €2,789 | +€6,461 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.