ELIOS: what changed
What changed
ELIOS
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
-€29,480
2024 · -€44,934+€15,454
Equity
€675,030
2024 · €704,510-€29,480
Cash
€51,786
2024 · €29,956+€21,829
Balance sheet total
€892,272
2024 · €923,172-€30,900
Largest movements
Assets
- Tangible fixed assets -€45,904
down €45,904 (-5.3%), from €870,537 to €824,632
of which Land and buildings: -€45,328
- Cash +€21,829
up €21,829 (+72.9%), from €29,956 to €51,786
mainly Depreciation (+€52,739) and Trade debts (+€9,671)
Equity and liabilities
- Reserves -€18,313
down €18,313 (-5.0%), from €366,914 to €348,601
of which Tax-exempt reserves: -€18,313
- Profit (loss) carried forward -€11,167
down €11,167 (-3.5%), from €318,997 to €307,830
- Provisions -€11,008
down €11,008 (-6.0%), from €183,915 to €172,907
of which Deferred taxes: -€11,008
- Trade debts +€9,671
up €9,671 (+57.5%), from €16,827 to €26,498
Income statement
- Gross operating margin +€17,883
up €17,883 (+223%), from €8,005 to €25,887
- Other operating charges +€1,387
up €1,387 (+11.4%), from €12,205 to €13,592
- Depreciation +€1,078
up €1,078 (+2.1%), from €51,661 to €52,739
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€44,934
Gross operating margin
+€17,883
Depreciation
-€1,078
Other operating charges
-€1,387
Financial income
+€55
Financial charges
+€9
Taxes
-€28
Result 2025
-€29,480
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€28,727
Investment
-€6,897
Financing
€0
Cash 2024
€29,956
From operations (derived)
+€28,727
Net result for the year
-€29,480
Depreciation
+€52,739
Receivables within one year
+€7,000
Smaller working-capital items
-€6
Provisions
-€11,008
Trade debts
+€9,671
Tax, wage and social debts
-€189
Investment (derived)
-€6,897
Investment in fixed assets (net)
-€6,834
Current investments
-€63
Cash 2025
€51,786
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €923,172 | €892,272 | -€30,900 | -3.3% |
| Fixed assets | 21/28 | €870,537 | €824,632 | -€45,904 | -5.3% |
| Tangible fixed assets | 22/27 | €870,537 | €824,632 | -€45,904 | -5.3% |
| Land and buildings | 22 | €869,960 | €824,632 | -€45,328 | -5.2% |
| Furniture and vehicles | 24 | €577 | - | -€577 | |
| Current assets | 29/58 | €52,635 | €67,640 | +€15,005 | +28.5% |
| Amounts receivable within one year | 40/41 | €7,000 | - | -€7,000 | |
| Other amounts receivable | 41 | €7,000 | - | -€7,000 | |
| Current investments | 50/53 | €13,146 | €13,209 | +€63 | +0.5% |
| Cash at bank and in hand | 54/58 | €29,956 | €51,786 | +€21,829 | +72.9% |
| Deferred charges and accrued income | 490/1 | €2,532 | €2,645 | +€112 | +4.4% |
| Total equity and liabilities | 10/49 | €923,172 | €892,272 | -€30,900 | -3.3% |
| Equity | 10/15 | €704,510 | €675,030 | -€29,480 | -4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €366,914 | €348,601 | -€18,313 | -5.0% |
| Non-distributable reserves | 130/1 | €3,045 | €3,045 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,045 | €3,045 | = | 0.0% |
| Tax-exempt reserves | 132 | €201,175 | €182,862 | -€18,313 | -9.1% |
| Distributable reserves | 133 | €162,694 | €162,694 | = | 0.0% |
| Profit (loss) carried forward | 14 | €318,997 | €307,830 | -€11,167 | -3.5% |
| Provisions and deferred taxes | 16 | €183,915 | €172,907 | -€11,008 | -6.0% |
| Provisions for liabilities and charges | 160/5 | €61,230 | €61,230 | = | 0.0% |
| Other liabilities and charges | 164/5 | €61,230 | €61,230 | = | 0.0% |
| Deferred taxes | 168 | €122,685 | €111,677 | -€11,008 | -9.0% |
| Amounts payable | 17/49 | €34,747 | €44,335 | +€9,589 | +27.6% |
| Amounts payable after more than one year | 17 | €10,730 | €10,730 | = | 0.0% |
| Other amounts payable | 178/9 | €10,730 | €10,730 | = | 0.0% |
| Amounts payable within one year | 42/48 | €24,017 | €33,605 | +€9,589 | +39.9% |
| Trade debts | 44 | €16,827 | €26,498 | +€9,671 | +57.5% |
| Suppliers | 440/4 | €16,827 | €26,498 | +€9,671 | +57.5% |
| Taxes, remuneration and social security | 45 | €233 | €43 | -€189 | -81.4% |
| Taxes | 450/3 | €233 | €43 | -€189 | -81.4% |
| Other amounts payable | 47/48 | €6,957 | €7,064 | +€107 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,661 | €52,739 | +€1,078 | +2.1% |
| Other operating charges | 640/8 | €12,205 | €13,592 | +€1,387 | +11.4% |
| Gross operating margin | 9900 | €8,005 | €25,887 | +€17,883 | +223% |
| Operating profit (loss) | 9901 | -€55,861 | -€40,443 | +€15,418 | +27.6% |
| Financial income | 75/76B | €49 | €104 | +€55 | +113% |
| Recurring financial income | 75 | €49 | €104 | +€55 | +113% |
| Financial charges | 65/66B | €129 | €120 | -€9 | -7.0% |
| Recurring financial charges | 65 | €129 | €120 | -€9 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | -€55,942 | -€40,460 | +€15,482 | +27.7% |
| Transfer from deferred taxes | 780 | €11,008 | €11,008 | = | 0.0% |
| Income taxes | 67/77 | €0 | €28 | +€28 | +9,721% |
| Profit (loss) for the period | 9904 | -€44,934 | -€29,480 | +€15,454 | +34.4% |
| Transfer from tax-exempt reserves | 789 | €18,313 | €18,313 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,621 | -€11,167 | +€15,454 | +58.1% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.