ELLE-C: what changed
Two fiscal 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.
ELLE-C
Largest movements
- Tangible fixed assets -€9,286
down €9,286 (-53.2%), from €17,462 to €8,175
- Debts after one year -€7,632
down €7,632 (-51.7%), from €14,761 to €7,129
- Profit (loss) carried forward +€6,323
up €6,323 (+47.1%), from -€13,420 to -€7,097
- Other debts -€5,156
down €5,156 (-76.1%), from €6,772 to €1,616
- Short-term financial debts -€3,063
down €3,063 (-46.4%), from €6,607 to €3,544
- Trade debts -€1,944
no longer reported in 2025 (was €1,944)
- Gross operating margin +€13,038
up €13,038 (+144.1%), from €9,047 to €22,085
- Taxes +€3,883
up €3,883 (+306.0%), from €1,269 to €5,152
- Depreciation +€325
up €325 (+3.6%), from €8,961 to €9,286
- Financial charges -€279
down €279 (-23.2%), from €1,203 to €924
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,400 | €30,828 | -€9,572 | -23.7% |
| Fixed assets | 21/28 | €19,837 | €10,550 | -€9,286 | -46.8% |
| Tangible fixed assets | 22/27 | €17,462 | €8,175 | -€9,286 | -53.2% |
| Furniture and vehicles | 24 | €17,462 | €8,175 | -€9,286 | -53.2% |
| Financial fixed assets | 28 | €2,375 | €2,375 | = | 0.0% |
| Current assets | 29/58 | €20,564 | €20,278 | -€286 | -1.4% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 291 | €20,000 | €20,000 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €564 | €278 | -€286 | -50.7% |
| Total equity and liabilities | 10/49 | €40,400 | €30,828 | -€9,572 | -23.7% |
| Equity | 10/15 | €840 | €7,163 | +€6,323 | +753.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,420 | -€7,097 | +€6,323 | +47.1% |
| Amounts payable | 17/49 | €39,560 | €23,665 | -€15,895 | -40.2% |
| Amounts payable after more than one year | 17 | €14,761 | €7,129 | -€7,632 | -51.7% |
| Financial debts | 170/4 | €14,761 | €7,129 | -€7,632 | -51.7% |
| Amounts payable within one year | 42/48 | €23,299 | €15,036 | -€8,263 | -35.5% |
| Current portion of amounts payable after more than one year | 42 | €7,477 | €7,626 | +€149 | +2.0% |
| Financial debts | 43 | €6,607 | €3,544 | -€3,063 | -46.4% |
| Credit institutions | 430/8 | €6,607 | €3,544 | -€3,063 | -46.4% |
| Trade debts | 44 | €1,944 | - | -€1,944 | |
| Suppliers | 440/4 | €1,944 | - | -€1,944 | |
| Taxes, remuneration and social security | 45 | €500 | €2,250 | +€1,750 | +350.0% |
| Taxes | 450/3 | €500 | €2,250 | +€1,750 | +350.0% |
| Other amounts payable | 47/48 | €6,772 | €1,616 | -€5,156 | -76.1% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,961 | €9,286 | +€325 | +3.6% |
| Other operating charges | 640/8 | €480 | €400 | -€81 | -16.8% |
| Gross operating margin | 9900 | €9,047 | €22,085 | +€13,038 | +144.1% |
| Operating profit (loss) | 9901 | -€395 | €12,399 | +€12,794 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,203 | €924 | -€279 | -23.2% |
| Recurring financial charges | 65 | €1,203 | €924 | -€279 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,598 | €11,475 | +€13,072 | |
| Income taxes | 67/77 | €1,269 | €5,152 | +€3,883 | +306.0% |
| Profit (loss) for the period | 9904 | -€2,866 | €6,323 | +€9,190 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,866 | €6,323 | +€9,190 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.