Ellalou: what changed
Ellalou
Largest movements
- Tangible fixed assets -€71,261
down €71,261 (-59.0%), from €120,697 to €49,436
of which Furniture and vehicles: -€66,779
- Receivables within one year +€5,507
up €5,507 (+53.6%), from €10,275 to €15,781
of which Other amounts receivable: +€14,507
- Cash +€4,973
up €4,973 (+72.0%), from €6,910 to €11,883
mainly Investment in fixed assets (net) (+€53,556) and Depreciation (+€17,705)
- Reserves -€43,802
down €43,802 (-99.1%), from €44,218 to €416
- Other debts -€24,701
down €24,701 (-29.7%), from €83,201 to €58,500
- Tax, wage and social debts +€10,569
up €10,569 (+169%), from €6,239 to €16,808
- Current portion of long-term debt -€2,574
down €2,574 (-100%), from €2,574 to €0
- Gross operating margin +€39,285
up €39,285 (+163%), from €24,058 to €63,343
- Other operating charges +€23,989
up €23,989 (+1,607%), from €1,493 to €25,481
- Taxes +€3,263
up €3,263 (+158%), from €2,066 to €5,329
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,731 | €78,224 | -€60,508 | -43.6% |
| Fixed assets | 21/28 | €120,697 | €49,436 | -€71,261 | -59.0% |
| Tangible fixed assets | 22/27 | €120,697 | €49,436 | -€71,261 | -59.0% |
| Furniture and vehicles | 24 | €97,236 | €30,457 | -€66,779 | -68.7% |
| Other tangible fixed assets | 26 | €23,461 | €18,978 | -€4,482 | -19.1% |
| Current assets | 29/58 | €18,035 | €28,788 | +€10,753 | +59.6% |
| Amounts receivable within one year | 40/41 | €10,275 | €15,781 | +€5,507 | +53.6% |
| Trade receivables | 40 | €9,000 | €0 | -€9,000 | -100% |
| Other amounts receivable | 41 | €1,275 | €15,781 | +€14,507 | +1,138% |
| Cash at bank and in hand | 54/58 | €6,910 | €11,883 | +€4,973 | +72.0% |
| Deferred charges and accrued income | 490/1 | €850 | €1,123 | +€274 | +32.2% |
| Total equity and liabilities | 10/49 | €138,731 | €78,224 | -€60,508 | -43.6% |
| Equity | 10/15 | €46,718 | €2,916 | -€43,802 | -93.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €44,218 | €416 | -€43,802 | -99.1% |
| Distributable reserves | 133 | €44,218 | €416 | -€43,802 | -99.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €92,013 | €75,308 | -€16,706 | -18.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €92,013 | €75,308 | -€16,706 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €2,574 | €0 | -€2,574 | -100% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €6,239 | €16,808 | +€10,569 | +169% |
| Taxes | 450/3 | €6,239 | €16,808 | +€10,569 | +169% |
| Other amounts payable | 47/48 | €83,201 | €58,500 | -€24,701 | -29.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,694 | €17,705 | +€12 | +0.1% |
| Other operating charges | 640/8 | €1,493 | €25,481 | +€23,989 | +1,607% |
| Gross operating margin | 9900 | €24,058 | €63,343 | +€39,285 | +163% |
| Operating profit (loss) | 9901 | €4,872 | €20,156 | +€15,285 | +314% |
| Financial income | 75/76B | €107 | €71 | -€37 | -34.3% |
| Recurring financial income | 75 | €107 | €71 | -€37 | -34.3% |
| Financial charges | 65/66B | €177 | €199 | +€23 | +12.8% |
| Recurring financial charges | 65 | €177 | €199 | +€23 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | €4,803 | €20,028 | +€15,225 | +317% |
| Income taxes | 67/77 | €2,066 | €5,329 | +€3,263 | +158% |
| Profit (loss) for the period | 9904 | €2,736 | €14,698 | +€11,962 | +437% |
| Profit (loss) for the period to be appropriated | 9905 | €2,736 | €14,698 | +€11,962 | +437% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.