GROUPE ELAN: 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.
GROUPE ELAN
Largest movements
- Tangible fixed assets -€12,529
down €12,529 (-1.9%), from €657,825 to €645,295
- Other debts +€26,165
up €26,165 (+101%), from €25,860 to €52,025
- Debts after one year -€22,857
down €22,857 (-5.7%), from €400,724 to €377,867
- Tax, wage and social debts -€9,724
no longer reported in 2025 (was €9,724)
- Gross operating margin -€11,981
down €11,981 (-29.1%), from €41,116 to €29,135
- Taxes -€9,724
no longer reported in 2025 (was €9,724)
- Financial charges +€4,056
up €4,056 (+28.0%), from €14,473 to €18,529
- Other operating charges +€822
new in 2025: €822
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 | €657,826 | €645,318 | -€12,509 | -1.9% |
| Fixed assets | 21/28 | €657,825 | €645,295 | -€12,529 | -1.9% |
| Tangible fixed assets | 22/27 | €657,825 | €645,295 | -€12,529 | -1.9% |
| Land and buildings | 22 | €657,825 | €645,295 | -€12,529 | -1.9% |
| Current assets | 29/58 | €2 | €22 | +€21 | +1,201% |
| Cash at bank and in hand | 54/58 | €2 | €22 | +€21 | +1,201% |
| Total equity and liabilities | 10/49 | €657,826 | €645,318 | -€12,509 | -1.9% |
| Equity | 10/15 | €195,314 | €192,569 | -€2,746 | -1.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Revaluation surpluses | 12 | €236,000 | €236,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,946 | -€57,691 | -€2,746 | -5.0% |
| Amounts payable | 17/49 | €462,512 | €452,749 | -€9,763 | -2.1% |
| Amounts payable after more than one year | 17 | €400,724 | €377,867 | -€22,857 | -5.7% |
| Financial debts | 170/4 | €400,724 | €377,867 | -€22,857 | -5.7% |
| Amounts payable within one year | 42/48 | €61,788 | €74,882 | +€13,093 | +21.2% |
| Current portion of amounts payable after more than one year | 42 | €26,204 | €22,857 | -€3,348 | -12.8% |
| Taxes, remuneration and social security | 45 | €9,724 | - | -€9,724 | |
| Taxes | 450/3 | €9,724 | - | -€9,724 | |
| Other amounts payable | 47/48 | €25,860 | €52,025 | +€26,165 | +101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,529 | €12,529 | = | 0.0% |
| Other operating charges | 640/8 | - | €822 | +€822 | |
| Gross operating margin | 9900 | €41,116 | €29,135 | -€11,981 | -29.1% |
| Operating profit (loss) | 9901 | €28,586 | €15,783 | -€12,803 | -44.8% |
| Financial charges | 65/66B | €14,473 | €18,529 | +€4,056 | +28.0% |
| Recurring financial charges | 65 | €14,473 | €18,529 | +€4,056 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | €14,114 | -€2,746 | -€16,859 | |
| Income taxes | 67/77 | €9,724 | - | -€9,724 | |
| Profit (loss) for the period | 9904 | €4,390 | -€2,746 | -€7,135 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,390 | -€2,746 | -€7,135 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.