Ellenida: 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.
Ellenida
Largest movements
- Receivables within one year +€45,794
up €45,794 (+170.5%), from €26,855 to €72,649
of which Trade receivables: +€29,280
- Tangible fixed assets +€18,231
up €18,231 (+343.8%), from €5,302 to €23,533
- Deferred charges and accrued income +€2,923
up €2,923 (+85.0%), from €3,438 to €6,361
- Other debts +€165,750
new in 2025: €165,750
- Reserves -€130,295
down €130,295 (-96.5%), from €134,957 to €4,662
- Trade debts +€20,092
up €20,092 (+4110.6%), from €489 to €20,581
- Tax, wage and social debts +€12,490
up €12,490 (+22.7%), from €54,974 to €67,465
- Gross operating margin +€6,882
up €6,882 (+8.2%), from €84,255 to €91,137
- Taxes -€2,930
down €2,930 (-16.3%), from €18,029 to €15,099
- Depreciation +€2,325
up €2,325 (+42.6%), from €5,462 to €7,787
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
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 | €195,853 | €263,549 | +€67,696 | +34.6% |
| Fixed assets | 21/28 | €5,302 | €23,533 | +€18,231 | +343.8% |
| Tangible fixed assets | 22/27 | €5,302 | €23,533 | +€18,231 | +343.8% |
| Furniture and vehicles | 24 | €5,302 | €23,533 | +€18,231 | +343.8% |
| Current assets | 29/58 | €190,551 | €240,016 | +€49,465 | +26.0% |
| Amounts receivable within one year | 40/41 | €26,855 | €72,649 | +€45,794 | +170.5% |
| Trade receivables | 40 | €26,101 | €55,380 | +€29,280 | +112.2% |
| Other amounts receivable | 41 | €754 | €17,269 | +€16,514 | +2189.0% |
| Cash at bank and in hand | 54/58 | €160,258 | €161,006 | +€749 | +0.5% |
| Deferred charges and accrued income | 490/1 | €3,438 | €6,361 | +€2,923 | +85.0% |
| Total equity and liabilities | 10/49 | €195,853 | €263,549 | +€67,696 | +34.6% |
| Equity | 10/15 | €139,957 | €9,662 | -€130,295 | -93.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | - | €5,000 | +€5,000 | |
| Issued capital | 100 | - | €5,000 | +€5,000 | |
| Outside capital | 11 | €5,000 | - | -€5,000 | |
| Other | 1109/19 | €5,000 | - | -€5,000 | |
| Reserves | 13 | €134,957 | €4,662 | -€130,295 | -96.5% |
| Distributable reserves | 133 | €134,957 | €4,662 | -€130,295 | -96.5% |
| Amounts payable | 17/49 | €55,896 | €253,887 | +€197,991 | +354.2% |
| Amounts payable within one year | 42/48 | €55,463 | €253,795 | +€198,332 | +357.6% |
| Trade debts | 44 | €489 | €20,581 | +€20,092 | +4110.6% |
| Suppliers | 440/4 | €489 | €20,581 | +€20,092 | +4110.6% |
| Taxes, remuneration and social security | 45 | €54,974 | €67,465 | +€12,490 | +22.7% |
| Taxes | 450/3 | €54,974 | €67,465 | +€12,490 | +22.7% |
| Other amounts payable | 47/48 | - | €165,750 | +€165,750 | |
| Accrued charges and deferred income | 492/3 | €432 | €91 | -€341 | -78.9% |
| Remuneration, social security and pensions | 62 | €1,920 | €1,600 | -€320 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,462 | €7,787 | +€2,325 | +42.6% |
| Other operating charges | 640/8 | €985 | €1,778 | +€793 | +80.5% |
| Gross operating margin | 9900 | €84,255 | €91,137 | +€6,882 | +8.2% |
| Operating profit (loss) | 9901 | €75,888 | €79,972 | +€4,084 | +5.4% |
| Financial income | 75/76B | €27 | - | -€27 | |
| Recurring financial income | 75 | €27 | - | -€27 | |
| Financial charges | 65/66B | €117 | €168 | +€52 | +44.2% |
| Recurring financial charges | 65 | €117 | €168 | +€52 | +44.2% |
| Profit (loss) for the period before taxes | 9903 | €75,798 | €79,804 | +€4,006 | +5.3% |
| Income taxes | 67/77 | €18,029 | €15,099 | -€2,930 | -16.3% |
| Profit (loss) for the period | 9904 | €57,769 | €64,705 | +€6,936 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,769 | €64,705 | +€6,936 | +12.0% |
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 9 October 2026 via checked.be.