ELLA Consult: 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.
ELLA Consult
Largest movements
- Tangible fixed assets -€61,103
down €61,103 (-2.6%), from €2.4m to €2.3m
of which Land and buildings: -€55,030
- Debts after one year -€141,464
down €141,464 (-7.9%), from €1.8m to €1.6m
- Other debts +€33,000
up €33,000 (+131%), from €25,159 to €58,159
- Gross operating margin +€32,986
up €32,986 (+24.3%), from €135,676 to €168,661
- Depreciation +€7,923
up €7,923 (+14.9%), from €53,180 to €61,103
- Financial income -€5,145
down €5,145 (-100%), from €5,145 to €0
- Taxes +€4,674
up €4,674 (+274%), from €1,704 to €6,378
- Other operating charges +€2,559
up €2,559 (+60.2%), from €4,252 to €6,812
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 | €2,417,573 | €2,330,606 | -€86,966 | -3.6% |
| Fixed assets | 21/28 | €2,377,131 | €2,316,029 | -€61,103 | -2.6% |
| Tangible fixed assets | 22/27 | €2,377,131 | €2,316,029 | -€61,103 | -2.6% |
| Land and buildings | 22 | €2,277,043 | €2,222,013 | -€55,030 | -2.4% |
| Plant, machinery and equipment | 23 | €100,088 | €94,016 | -€6,073 | -6.1% |
| Current assets | 29/58 | €40,441 | €14,577 | -€25,864 | -64.0% |
| Amounts receivable within one year | 40/41 | €15,875 | €14 | -€15,861 | -99.9% |
| Trade receivables | 40 | €15,875 | €0 | -€15,875 | -100% |
| Other amounts receivable | 41 | - | €14 | +€14 | |
| Cash at bank and in hand | 54/58 | €23,566 | €14,564 | -€9,002 | -38.2% |
| Deferred charges and accrued income | 490/1 | €1,000 | €0 | -€1,000 | -100% |
| Total equity and liabilities | 10/49 | €2,417,573 | €2,330,606 | -€86,966 | -3.6% |
| Equity | 10/15 | €449,736 | €468,269 | +€18,533 | +4.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €443,536 | €462,069 | +€18,533 | +4.2% |
| Distributable reserves | 133 | €443,536 | €462,069 | +€18,533 | +4.2% |
| Amounts payable | 17/49 | €1,967,837 | €1,862,337 | -€105,499 | -5.4% |
| Amounts payable after more than one year | 17 | €1,783,113 | €1,641,650 | -€141,464 | -7.9% |
| Financial debts | 170/4 | €1,783,113 | €1,641,650 | -€141,464 | -7.9% |
| Amounts payable within one year | 42/48 | €184,723 | €220,688 | +€35,965 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €140,051 | €141,464 | +€1,413 | +1.0% |
| Financial debts | 43 | - | €6,000 | +€6,000 | |
| Other loans | 439 | - | €6,000 | +€6,000 | |
| Trade debts | 44 | €3,821 | €4,462 | +€640 | +16.8% |
| Suppliers | 440/4 | €3,821 | €4,462 | +€640 | +16.8% |
| Taxes, remuneration and social security | 45 | €15,692 | €10,603 | -€5,089 | -32.4% |
| Taxes | 450/3 | €15,692 | €10,603 | -€5,089 | -32.4% |
| Other amounts payable | 47/48 | €25,159 | €58,159 | +€33,000 | +131% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,180 | €61,103 | +€7,923 | +14.9% |
| Other operating charges | 640/8 | €4,252 | €6,812 | +€2,559 | +60.2% |
| Gross operating margin | 9900 | €135,676 | €168,661 | +€32,986 | +24.3% |
| Operating profit (loss) | 9901 | €78,244 | €100,747 | +€22,503 | +28.8% |
| Financial income | 75/76B | €5,145 | €0 | -€5,145 | -100% |
| Recurring financial income | 75 | €5,145 | €0 | -€5,145 | -100% |
| Financial charges | 65/66B | €77,135 | €75,836 | -€1,299 | -1.7% |
| Recurring financial charges | 65 | €77,135 | €75,836 | -€1,299 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €6,254 | €24,911 | +€18,658 | +298% |
| Income taxes | 67/77 | €1,704 | €6,378 | +€4,674 | +274% |
| Profit (loss) for the period | 9904 | €4,550 | €18,533 | +€13,984 | +307% |
| Profit (loss) for the period to be appropriated | 9905 | €4,550 | €18,533 | +€13,984 | +307% |
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 24 October 2026 via checked.be.