ELIRIS: 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.
ELIRIS
Largest movements
- Deferred charges and accrued income +€316,976
up €316,976 (+114%), from €278,569 to €595,545
- Receivables within one year +€242,530
up €242,530 (+61.6%), from €393,780 to €636,310
of which Other amounts receivable: +€263,058
- Cash -€61,318
down €61,318 (-78.3%), from €78,302 to €16,984
mainly Deferred charges and accrued income (-€316,976) and Receivables within one year (-€242,530)
- Reserves +€528,503
up €528,503 (+64.6%), from €818,132 to €1.3m
of which Distributable reserves: +€528,503
- Debts after one year -€88,691
down €88,691 (-19.5%), from €454,630 to €365,939
- Short-term financial debts +€60,000
up €60,000, from €0 to €60,000
- Financial income +€331,677
up €331,677 (+121%), from €273,035 to €604,712
- Gross operating margin -€166,179
down €166,179, from €164,707 to -€1,471
- Taxes -€12,402
down €12,402 (-19.0%), from €65,252 to €52,850
- Financial charges -€6,850
down €6,850 (-24.0%), from €28,544 to €21,694
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 | €1,498,819 | €1,980,875 | +€482,056 | +32.2% |
| Fixed assets | 21/28 | €748,168 | €732,036 | -€16,132 | -2.2% |
| Tangible fixed assets | 22/27 | €59,712 | €43,579 | -€16,132 | -27.0% |
| Furniture and vehicles | 24 | €59,712 | €43,579 | -€16,132 | -27.0% |
| Financial fixed assets | 28 | €688,457 | €688,457 | = | 0.0% |
| Current assets | 29/58 | €750,651 | €1,248,839 | +€498,188 | +66.4% |
| Amounts receivable within one year | 40/41 | €393,780 | €636,310 | +€242,530 | +61.6% |
| Trade receivables | 40 | €42,918 | €22,390 | -€20,528 | -47.8% |
| Other amounts receivable | 41 | €350,862 | €613,920 | +€263,058 | +75.0% |
| Cash at bank and in hand | 54/58 | €78,302 | €16,984 | -€61,318 | -78.3% |
| Deferred charges and accrued income | 490/1 | €278,569 | €595,545 | +€316,976 | +114% |
| Total equity and liabilities | 10/49 | €1,498,819 | €1,980,875 | +€482,056 | +32.2% |
| Equity | 10/15 | €830,632 | €1,359,136 | +€528,503 | +63.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €818,132 | €1,346,636 | +€528,503 | +64.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €816,272 | €1,344,776 | +€528,503 | +64.7% |
| Amounts payable | 17/49 | €668,187 | €621,739 | -€46,448 | -7.0% |
| Amounts payable after more than one year | 17 | €454,630 | €365,939 | -€88,691 | -19.5% |
| Financial debts | 170/4 | €454,630 | €365,939 | -€88,691 | -19.5% |
| Amounts payable within one year | 42/48 | €213,557 | €255,800 | +€42,244 | +19.8% |
| Current portion of amounts payable after more than one year | 42 | €85,167 | €88,691 | +€3,524 | +4.1% |
| Financial debts | 43 | €0 | €60,000 | +€60,000 | |
| Credit institutions | 430/8 | €0 | €60,000 | +€60,000 | |
| Trade debts | 44 | €17,327 | €0 | -€17,327 | -100% |
| Suppliers | 440/4 | €17,327 | €0 | -€17,327 | -100% |
| Taxes, remuneration and social security | 45 | €63,529 | €75,103 | +€11,574 | +18.2% |
| Taxes | 450/3 | €63,529 | €75,103 | +€11,574 | +18.2% |
| Other amounts payable | 47/48 | €47,533 | €32,006 | -€15,527 | -32.7% |
| Other operating charges | 640/8 | €191 | €194 | +€3 | +1.6% |
| Gross operating margin | 9900 | €164,707 | -€1,471 | -€166,179 | |
| Operating profit (loss) | 9901 | €164,517 | -€1,665 | -€166,182 | |
| Financial income | 75/76B | €273,035 | €604,712 | +€331,677 | +121% |
| Recurring financial income | 75 | €273,035 | €604,712 | +€331,677 | +121% |
| Financial charges | 65/66B | €28,544 | €21,694 | -€6,850 | -24.0% |
| Recurring financial charges | 65 | €28,544 | €21,694 | -€6,850 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €409,008 | €581,354 | +€172,345 | +42.1% |
| Income taxes | 67/77 | €65,252 | €52,850 | -€12,402 | -19.0% |
| Profit (loss) for the period | 9904 | €343,756 | €528,503 | +€184,748 | +53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €343,756 | €528,503 | +€184,748 | +53.7% |
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 27 October 2026 via checked.be.