ELLAAN: 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.
ELLAAN
Largest movements
- Cash +€46,775
up €46,775 (+568%), from €8,230 to €55,005
mainly Net result for the year (+€48,031) and Tax, wage and social debts (+€7,030)
- Receivables within one year +€13,310
new in 2025: €13,310
- Reserves +€48,031
up €48,031 (+26.6%), from €180,640 to €228,672
- Financial income -€419,320
down €419,320 (-100.0%), from €419,323 to €2
- Gross operating margin +€56,818
up €56,818, from -€3,738 to €53,080
- Taxes -€13,261
down €13,261 (-73.4%), from €18,064 to €4,803
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 | €971,230 | €1,032,815 | +€61,585 | +6.3% |
| Fixed assets | 21/28 | €963,000 | €963,000 | = | 0.0% |
| Financial fixed assets | 28 | €963,000 | €963,000 | = | 0.0% |
| Current assets | 29/58 | €8,230 | €69,815 | +€61,585 | +748% |
| Amounts receivable within one year | 40/41 | - | €13,310 | +€13,310 | |
| Trade receivables | 40 | - | €13,310 | +€13,310 | |
| Cash at bank and in hand | 54/58 | €8,230 | €55,005 | +€46,775 | +568% |
| Deferred charges and accrued income | 490/1 | - | €1,500 | +€1,500 | |
| Total equity and liabilities | 10/49 | €971,230 | €1,032,815 | +€61,585 | +6.3% |
| Equity | 10/15 | €950,640 | €998,672 | +€48,031 | +5.1% |
| Contributions | 10/11 | €770,000 | €770,000 | = | 0.0% |
| Reserves | 13 | €180,640 | €228,672 | +€48,031 | +26.6% |
| Distributable reserves | 133 | €180,640 | €228,672 | +€48,031 | +26.6% |
| Amounts payable | 17/49 | €20,590 | €34,143 | +€13,553 | +65.8% |
| Amounts payable within one year | 42/48 | €20,590 | €30,543 | +€9,953 | +48.3% |
| Trade debts | 44 | €496 | €962 | +€466 | +93.9% |
| Suppliers | 440/4 | €496 | €962 | +€466 | +93.9% |
| Taxes, remuneration and social security | 45 | €18,064 | €25,094 | +€7,030 | +38.9% |
| Taxes | 450/3 | €18,064 | €25,094 | +€7,030 | +38.9% |
| Other amounts payable | 47/48 | €2,030 | €4,487 | +€2,457 | +121% |
| Accrued charges and deferred income | 492/3 | - | €3,600 | +€3,600 | |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | -€3,738 | €53,080 | +€56,818 | |
| Operating profit (loss) | 9901 | -€3,800 | €53,018 | +€56,818 | |
| Financial income | 75/76B | €419,323 | €2 | -€419,320 | -100.0% |
| Recurring financial income | 75 | €419,323 | €2 | -€419,320 | -100.0% |
| Financial charges | 65/66B | €146 | €186 | +€40 | +27.1% |
| Recurring financial charges | 65 | €146 | €186 | +€40 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €415,376 | €52,834 | -€362,542 | -87.3% |
| Income taxes | 67/77 | €18,064 | €4,803 | -€13,261 | -73.4% |
| Profit (loss) for the period | 9904 | €397,312 | €48,031 | -€349,281 | -87.9% |
| Profit (loss) for the period to be appropriated | 9905 | €397,312 | €48,031 | -€349,281 | -87.9% |
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.