ELLE & TATI: what changed
What changed
ELLE & TATI
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€51,586
2024 · €40,127+€11,459
Equity
€246,742
2024 · €195,155+€51,586
Cash
€179,401
2024 · €176,741+€2,660
Balance sheet total
€355,807
2024 · €366,273-€10,465
Largest movements
Assets
- Tangible fixed assets -€6,214
down €6,214 (-10.0%), from €62,313 to €56,099
of which Other tangible fixed assets: -€8,195
Equity and liabilities
- Reserves +€51,586
up €51,586 (+28.6%), from €180,155 to €231,742
- Trade debts -€29,882
down €29,882 (-82.4%), from €36,260 to €6,378
- Other debts -€28,845
down €28,845 (-95.0%), from €30,354 to €1,509
- Tax, wage and social debts -€4,616
down €4,616 (-15.6%), from €29,504 to €24,888
of which Remuneration and social security: -€3,211
Income statement
- Staff costs -€15,954
down €15,954 (-11.3%), from €141,765 to €125,810
- Taxes +€9,266
up €9,266 (+84.4%), from €10,981 to €20,247
- Gross operating margin +€5,206
up €5,206 (+2.5%), from €207,692 to €212,898
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.
Result 2024
€40,127
Gross operating margin
+€5,206
Staff costs
+€15,954
Depreciation
-€887
Other operating charges
-€85
Financial income
-€58
Financial charges
+€595
Taxes
-€9,266
Result 2025
€51,586
raises the resultlowers the result
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.
From operations
+€7,735
Investment
-€5,075
Financing
€0
Cash 2024
€176,741
From operations (derived)
+€7,735
Net result for the year
+€51,586
Depreciation
+€11,219
Stocks and contracts
+€3,274
Receivables within one year
+€3,340
Deferred charges and accrued income
+€368
Trade debts
-€29,882
Tax, wage and social debts
-€4,616
Other debts
-€28,845
Accrued charges and deferred income
+€1,291
Investment (derived)
-€5,075
Investment in fixed assets (net)
-€5,075
Cash 2025
€179,401
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €366,273 | €355,807 | -€10,465 | -2.9% |
| Fixed assets | 21/28 | €76,008 | €69,864 | -€6,144 | -8.1% |
| Tangible fixed assets | 22/27 | €62,313 | €56,099 | -€6,214 | -10.0% |
| Furniture and vehicles | 24 | €3,046 | €5,027 | +€1,981 | +65.0% |
| Other tangible fixed assets | 26 | €59,266 | €51,072 | -€8,195 | -13.8% |
| Financial fixed assets | 28 | €13,695 | €13,765 | +€70 | +0.5% |
| Current assets | 29/58 | €290,265 | €285,943 | -€4,322 | -1.5% |
| Stocks and contracts in progress | 3 | €100,327 | €97,053 | -€3,274 | -3.3% |
| Stocks | 30/36 | €100,327 | €97,053 | -€3,274 | -3.3% |
| Amounts receivable within one year | 40/41 | €10,920 | €7,580 | -€3,340 | -30.6% |
| Trade receivables | 40 | €861 | €1,006 | +€145 | +16.8% |
| Other amounts receivable | 41 | €10,058 | €6,574 | -€3,485 | -34.6% |
| Cash at bank and in hand | 54/58 | €176,741 | €179,401 | +€2,660 | +1.5% |
| Deferred charges and accrued income | 490/1 | €2,277 | €1,909 | -€368 | -16.2% |
| Total equity and liabilities | 10/49 | €366,273 | €355,807 | -€10,465 | -2.9% |
| Equity | 10/15 | €195,155 | €246,742 | +€51,586 | +26.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €180,155 | €231,742 | +€51,586 | +28.6% |
| Distributable reserves | 133 | €180,155 | €231,742 | +€51,586 | +28.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €171,118 | €109,066 | -€62,052 | -36.3% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 170/4 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €96,118 | €32,775 | -€63,342 | -65.9% |
| Trade debts | 44 | €36,260 | €6,378 | -€29,882 | -82.4% |
| Suppliers | 440/4 | €36,260 | €6,378 | -€29,882 | -82.4% |
| Taxes, remuneration and social security | 45 | €29,504 | €24,888 | -€4,616 | -15.6% |
| Taxes | 450/3 | €11,488 | €10,082 | -€1,405 | -12.2% |
| Remuneration and social security | 454/9 | €18,016 | €14,805 | -€3,211 | -17.8% |
| Other amounts payable | 47/48 | €30,354 | €1,509 | -€28,845 | -95.0% |
| Accrued charges and deferred income | 492/3 | €0 | €1,291 | +€1,291 | |
| Remuneration, social security and pensions | 62 | €141,765 | €125,810 | -€15,954 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,332 | €11,219 | +€887 | +8.6% |
| Other operating charges | 640/8 | €1,465 | €1,550 | +€85 | +5.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €207,692 | €212,898 | +€5,206 | +2.5% |
| Operating profit (loss) | 9901 | €54,131 | €74,319 | +€20,188 | +37.3% |
| Financial income | 75/76B | €77 | €20 | -€58 | -74.6% |
| Recurring financial income | 75 | €77 | €20 | -€58 | -74.6% |
| Financial charges | 65/66B | €3,100 | €2,505 | -€595 | -19.2% |
| Recurring financial charges | 65 | €3,100 | €2,505 | -€595 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €51,108 | €71,833 | +€20,725 | +40.6% |
| Income taxes | 67/77 | €10,981 | €20,247 | +€9,266 | +84.4% |
| Profit (loss) for the period | 9904 | €40,127 | €51,586 | +€11,459 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,127 | €51,586 | +€11,459 | +28.6% |
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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 1 November 2026 via checked.be.