ELLAS BV: 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.
ELLAS BV
Largest movements
- Tangible fixed assets -€4,648
down €4,648 (-94.3%), from €4,930 to €282
- Stocks and contracts +€3,226
up €3,226 (+10.4%), from €31,004 to €34,230
- Cash +€2,320
up €2,320 (+6.5%), from €35,973 to €38,293
mainly Depreciation (+€4,648) and Other debts (+€3,088)
- Other debts +€3,088
up €3,088 (+55.8%), from €5,536 to €8,624
- Reserves -€1,971
down €1,971 (-3.8%), from €51,261 to €49,290
- Gross operating margin +€50,522
up €50,522, from -€19,561 to €30,960
- Other operating charges +€24,912
up €24,912 (+3,445%), from €723 to €25,635
- Taxes +€368
new in 2025: €368
- Financial charges -€332
down €332 (-40.6%), from €816 to €485
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 | €81,444 | €82,112 | +€668 | +0.8% |
| Fixed assets | 21/28 | €4,930 | €282 | -€4,648 | -94.3% |
| Tangible fixed assets | 22/27 | €4,930 | €282 | -€4,648 | -94.3% |
| Furniture and vehicles | 24 | €4,930 | €282 | -€4,648 | -94.3% |
| Current assets | 29/58 | €76,514 | €81,830 | +€5,316 | +6.9% |
| Stocks and contracts in progress | 3 | €31,004 | €34,230 | +€3,226 | +10.4% |
| Stocks | 30/36 | €31,004 | €34,230 | +€3,226 | +10.4% |
| Amounts receivable within one year | 40/41 | €8,712 | €8,761 | +€49 | +0.6% |
| Trade receivables | 40 | €8,712 | €7,836 | -€876 | -10.1% |
| Other amounts receivable | 41 | - | €925 | +€925 | |
| Cash at bank and in hand | 54/58 | €35,973 | €38,293 | +€2,320 | +6.5% |
| Deferred charges and accrued income | 490/1 | €825 | €545 | -€279 | -33.9% |
| Total equity and liabilities | 10/49 | €81,444 | €82,112 | +€668 | +0.8% |
| Equity | 10/15 | €52,761 | €50,790 | -€1,971 | -3.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Capital | 10 | €1,500 | €1,500 | = | 0.0% |
| Issued capital | 100 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €51,261 | €49,290 | -€1,971 | -3.8% |
| Distributable reserves | 133 | €51,261 | €49,290 | -€1,971 | -3.8% |
| Amounts payable | 17/49 | €28,683 | €31,322 | +€2,639 | +9.2% |
| Amounts payable within one year | 42/48 | €28,683 | €31,322 | +€2,639 | +9.2% |
| Trade debts | 44 | €23,015 | €22,698 | -€317 | -1.4% |
| Suppliers | 440/4 | €23,015 | €22,698 | -€317 | -1.4% |
| Taxes, remuneration and social security | 45 | €131 | - | -€131 | |
| Taxes | 450/3 | €131 | - | -€131 | |
| Other amounts payable | 47/48 | €5,536 | €8,624 | +€3,088 | +55.8% |
| Remuneration, social security and pensions | 62 | €2,112 | €1,936 | -€176 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,695 | €4,648 | -€47 | -1.0% |
| Other operating charges | 640/8 | €723 | €25,635 | +€24,912 | +3,445% |
| Gross operating margin | 9900 | -€19,561 | €30,960 | +€50,522 | |
| Operating profit (loss) | 9901 | -€27,091 | -€1,259 | +€25,833 | +95.4% |
| Financial income | 75/76B | - | €140 | +€140 | |
| Recurring financial income | 75 | - | €140 | +€140 | |
| Financial charges | 65/66B | €816 | €485 | -€332 | -40.6% |
| Recurring financial charges | 65 | €816 | €485 | -€332 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | -€27,908 | -€1,603 | +€26,305 | +94.3% |
| Income taxes | 67/77 | - | €368 | +€368 | |
| Profit (loss) for the period | 9904 | -€27,908 | -€1,971 | +€25,937 | +92.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,908 | -€1,971 | +€25,937 | +92.9% |
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 15 October 2026 via checked.be.