ELYZIUM: 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.
ELYZIUM
Largest movements
- Receivables within one year +€7,426
up €7,426 (+59.3%), from €12,531 to €19,957
of which Trade receivables: +€4,504
- Cash -€5,491
down €5,491 (-17.9%), from €30,674 to €25,183
mainly Receivables within one year (-€7,426) and Stocks and contracts (-€5,185)
- Stocks and contracts +€5,185
up €5,185 (+171%), from €3,026 to €8,211
- Tangible fixed assets -€4,258
down €4,258 (-27.1%), from €15,698 to €11,440
of which Furniture and vehicles: -€2,143
- Other debts +€5,869
up €5,869 (+53.5%), from €10,969 to €16,837
- Trade debts -€3,325
down €3,325 (-76.8%), from €4,328 to €1,003
- Tax, wage and social debts +€1,837
up €1,837 (+34.9%), from €5,264 to €7,101
of which Taxes: +€1,837
- Reserves -€1,473
down €1,473 (-4.7%), from €31,471 to €29,997
- Gross operating margin -€20,363
down €20,363 (-78.8%), from €25,847 to €5,484
- Taxes -€4,523
down €4,523 (-79.2%), from €5,711 to €1,188
- Financial charges -€886
down €886 (-44.6%), from €1,986 to €1,100
- Other operating charges +€295
up €295 (+38.1%), from €773 to €1,068
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 | €62,731 | €65,639 | +€2,908 | +4.6% |
| Fixed assets | 21/28 | €15,698 | €11,440 | -€4,258 | -27.1% |
| Tangible fixed assets | 22/27 | €15,698 | €11,440 | -€4,258 | -27.1% |
| Plant, machinery and equipment | 23 | €1,117 | €743 | -€374 | -33.5% |
| Furniture and vehicles | 24 | €2,459 | €316 | -€2,143 | -87.1% |
| Other tangible fixed assets | 26 | €12,122 | €10,381 | -€1,741 | -14.4% |
| Current assets | 29/58 | €47,033 | €54,199 | +€7,165 | +15.2% |
| Stocks and contracts in progress | 3 | €3,026 | €8,211 | +€5,185 | +171% |
| Stocks | 30/36 | €3,026 | €8,211 | +€5,185 | +171% |
| Amounts receivable within one year | 40/41 | €12,531 | €19,957 | +€7,426 | +59.3% |
| Trade receivables | 40 | €10,280 | €14,784 | +€4,504 | +43.8% |
| Other amounts receivable | 41 | €2,251 | €5,173 | +€2,922 | +130% |
| Cash at bank and in hand | 54/58 | €30,674 | €25,183 | -€5,491 | -17.9% |
| Deferred charges and accrued income | 490/1 | €802 | €848 | +€46 | +5.8% |
| Total equity and liabilities | 10/49 | €62,731 | €65,639 | +€2,908 | +4.6% |
| Equity | 10/15 | €42,171 | €40,697 | -€1,473 | -3.5% |
| Contributions | 10/11 | €10,700 | €10,700 | = | 0.0% |
| Reserves | 13 | €31,471 | €29,997 | -€1,473 | -4.7% |
| Distributable reserves | 133 | €31,471 | €29,997 | -€1,473 | -4.7% |
| Amounts payable | 17/49 | €20,561 | €24,942 | +€4,381 | +21.3% |
| Amounts payable within one year | 42/48 | €20,561 | €24,942 | +€4,381 | +21.3% |
| Trade debts | 44 | €4,328 | €1,003 | -€3,325 | -76.8% |
| Suppliers | 440/4 | €4,328 | €1,003 | -€3,325 | -76.8% |
| Taxes, remuneration and social security | 45 | €5,264 | €7,101 | +€1,837 | +34.9% |
| Taxes | 450/3 | €3,021 | €4,858 | +€1,837 | +60.8% |
| Remuneration and social security | 454/9 | €2,243 | €2,243 | = | 0.0% |
| Other amounts payable | 47/48 | €10,969 | €16,837 | +€5,869 | +53.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,722 | €3,633 | -€89 | -2.4% |
| Other operating charges | 640/8 | €773 | €1,068 | +€295 | +38.1% |
| Non-recurring operating charges | 66A | - | €77 | +€77 | |
| Gross operating margin | 9900 | €25,847 | €5,484 | -€20,363 | -78.8% |
| Operating profit (loss) | 9901 | €21,352 | €706 | -€20,646 | -96.7% |
| Financial income | 75/76B | €132 | €108 | -€24 | -18.1% |
| Recurring financial income | 75 | €132 | €108 | -€24 | -18.1% |
| Financial charges | 65/66B | €1,986 | €1,100 | -€886 | -44.6% |
| Recurring financial charges | 65 | €1,986 | €1,100 | -€886 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | €19,498 | -€286 | -€19,784 | |
| Income taxes | 67/77 | €5,711 | €1,188 | -€4,523 | -79.2% |
| Profit (loss) for the period | 9904 | €13,787 | -€1,473 | -€15,261 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,787 | -€1,473 | -€15,261 |
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.