ELLA SOLUTION: 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 SOLUTION
Largest movements
- Cash +€795,485
up €795,485 (+1325.5%), from €60,015 to €855,500
mainly Debts after one year (+€990,473) and Net result for the year (+€35,217)
- Tangible fixed assets +€258,283
up €258,283 (+4185.4%), from €6,171 to €264,454
of which Land and buildings: +€261,018
- Intangible fixed assets -€19,998
down €19,998 (-16.7%), from €120,006 to €100,008
- Deferred charges and accrued income -€17,817
down €17,817 (-50.3%), from €35,405 to €17,588
- Receivables within one year +€16,163
up €16,163 (+122.4%), from €13,200 to €29,363
of which Trade receivables: +€23,955
- Debts after one year +€990,473
up €990,473 (+1191.5%), from €83,130 to €1.1m
- Profit (loss) carried forward +€35,217
up €35,217 (+61.3%), from €57,485 to €92,702
- Other debts -€13,226
no longer reported in 2024 (was €13,226)
- Staff costs +€18,091
up €18,091 (+17.6%), from €102,857 to €120,948
- Gross operating margin +€11,905
up €11,905 (+6.1%), from €193,760 to €205,665
- Financial charges +€3,747
up €3,747 (+53.7%), from €6,982 to €10,729
of which Financial charges: +€5,442
- Taxes -€3,442
down €3,442 (-25.2%), from €13,681 to €10,239
- Other operating charges +€2,545
up €2,545 (+84.8%), from €3,002 to €5,548
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €235,197 | €1,267,312 | +€1.0m | +438.8% |
| Fixed assets | 21/28 | €126,577 | €364,862 | +€238,285 | +188.3% |
| Intangible fixed assets | 21 | €120,006 | €100,008 | -€19,998 | -16.7% |
| Tangible fixed assets | 22/27 | €6,171 | €264,454 | +€258,283 | +4185.4% |
| Land and buildings | 22 | - | €261,018 | +€261,018 | |
| Plant, machinery and equipment | 23 | €1,860 | €1,329 | -€531 | -28.5% |
| Furniture and vehicles | 24 | €4,311 | €2,107 | -€2,204 | -51.1% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €108,620 | €902,450 | +€793,830 | +730.8% |
| Amounts receivable within one year | 40/41 | €13,200 | €29,363 | +€16,163 | +122.4% |
| Trade receivables | 40 | - | €23,955 | +€23,955 | |
| Other amounts receivable | 41 | €13,200 | €5,407 | -€7,793 | -59.0% |
| Cash at bank and in hand | 54/58 | €60,015 | €855,500 | +€795,485 | +1325.5% |
| Deferred charges and accrued income | 490/1 | €35,405 | €17,588 | -€17,817 | -50.3% |
| Total equity and liabilities | 10/49 | €235,197 | €1,267,312 | +€1.0m | +438.8% |
| Equity | 10/15 | €62,485 | €97,702 | +€35,217 | +56.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,485 | €92,702 | +€35,217 | +61.3% |
| Amounts payable | 17/49 | €172,711 | €1,169,610 | +€996,899 | +577.2% |
| Amounts payable after more than one year | 17 | €83,130 | €1,073,603 | +€990,473 | +1191.5% |
| Financial debts | 170/4 | €83,130 | €1,073,603 | +€990,473 | +1191.5% |
| Amounts payable within one year | 42/48 | €89,581 | €96,007 | +€6,426 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €25,662 | €38,162 | +€12,500 | +48.7% |
| Financial debts | 43 | €7,152 | €9,692 | +€2,540 | +35.5% |
| Credit institutions | 430/8 | €7,152 | €9,692 | +€2,540 | +35.5% |
| Trade debts | 44 | €9,067 | €17,672 | +€8,604 | +94.9% |
| Suppliers | 440/4 | €9,067 | €17,672 | +€8,604 | +94.9% |
| Taxes, remuneration and social security | 45 | €34,474 | €30,481 | -€3,993 | -11.6% |
| Taxes | 450/3 | €19,975 | €13,675 | -€6,300 | -31.5% |
| Remuneration and social security | 454/9 | €14,499 | €16,807 | +€2,307 | +15.9% |
| Other amounts payable | 47/48 | €13,226 | - | -€13,226 | |
| Remuneration, social security and pensions | 62 | €102,857 | €120,948 | +€18,091 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,430 | €23,359 | +€928 | +4.1% |
| Other operating charges | 640/8 | €3,002 | €5,548 | +€2,545 | +84.8% |
| Gross operating margin | 9900 | €193,760 | €205,665 | +€11,905 | +6.1% |
| Operating profit (loss) | 9901 | €65,470 | €55,811 | -€9,660 | -14.8% |
| Financial income | 75/76B | €22 | €374 | +€353 | +1634.1% |
| Recurring financial income | 75 | €22 | €374 | +€353 | +1634.1% |
| Financial charges | 65/66B | €6,982 | €10,729 | +€3,747 | +53.7% |
| Recurring financial charges | 65 | €4,610 | €10,052 | +€5,442 | +118.0% |
| Non-recurring financial charges | 66B | €2,372 | €678 | -€1,695 | -71.4% |
| Profit (loss) for the period before taxes | 9903 | €58,510 | €45,456 | -€13,054 | -22.3% |
| Income taxes | 67/77 | €13,681 | €10,239 | -€3,442 | -25.2% |
| Profit (loss) for the period | 9904 | €44,828 | €35,217 | -€9,612 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,828 | €35,217 | -€9,612 | -21.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.