Elleno: 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.
Elleno
Largest movements
- Tangible fixed assets -€19,440
down €19,440 (-1.2%), from €1.6m to €1.6m
of which Land and buildings: -€18,265
- Debts after one year -€27,517
down €27,517 (-10.1%), from €273,514 to €245,997
- Gross operating margin +€3,007
up €3,007 (+5.4%), from €55,312 to €58,319
- Other operating charges +€1,564
up €1,564 (+24.5%), from €6,376 to €7,941
- Depreciation +€1,533
up €1,533 (+3.7%), from €41,835 to €43,368
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 | €1,805,363 | €1,782,308 | -€23,056 | -1.3% |
| Fixed assets | 21/28 | €1,610,793 | €1,591,353 | -€19,440 | -1.2% |
| Tangible fixed assets | 22/27 | €1,610,793 | €1,591,353 | -€19,440 | -1.2% |
| Land and buildings | 22 | €1,606,594 | €1,588,329 | -€18,265 | -1.1% |
| Plant, machinery and equipment | 23 | - | €1,014 | +€1,014 | |
| Furniture and vehicles | 24 | €4,199 | €2,009 | -€2,189 | -52.1% |
| Current assets | 29/58 | €194,571 | €190,955 | -€3,616 | -1.9% |
| Cash at bank and in hand | 54/58 | €193,814 | €189,510 | -€4,303 | -2.2% |
| Deferred charges and accrued income | 490/1 | €757 | €1,445 | +€687 | +90.8% |
| Total equity and liabilities | 10/49 | €1,805,363 | €1,782,308 | -€23,056 | -1.3% |
| Equity | 10/15 | €1,034,185 | €1,016,752 | -€17,432 | -1.7% |
| Contributions | 10/11 | €1,125,000 | €1,125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,816 | -€108,248 | -€17,432 | -19.2% |
| Amounts payable | 17/49 | €771,179 | €765,556 | -€5,623 | -0.7% |
| Amounts payable after more than one year | 17 | €273,514 | €245,997 | -€27,517 | -10.1% |
| Financial debts | 170/4 | €273,514 | €245,997 | -€27,517 | -10.1% |
| Amounts payable within one year | 42/48 | €497,665 | €519,559 | +€21,894 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €29,185 | €29,785 | +€599 | +2.1% |
| Trade debts | 44 | - | €2,451 | +€2,451 | |
| Suppliers | 440/4 | - | €2,451 | +€2,451 | |
| Taxes, remuneration and social security | 45 | €5,406 | €10,964 | +€5,559 | +102.8% |
| Taxes | 450/3 | €5,406 | €10,964 | +€5,559 | +102.8% |
| Other amounts payable | 47/48 | €463,074 | €476,359 | +€13,284 | +2.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,835 | €43,368 | +€1,533 | +3.7% |
| Other operating charges | 640/8 | €6,376 | €7,941 | +€1,564 | +24.5% |
| Gross operating margin | 9900 | €55,312 | €58,319 | +€3,007 | +5.4% |
| Operating profit (loss) | 9901 | €7,100 | €7,010 | -€90 | -1.3% |
| Financial charges | 65/66B | €23,929 | €24,443 | +€514 | +2.1% |
| Recurring financial charges | 65 | €23,929 | €24,443 | +€514 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,829 | -€17,432 | -€604 | -3.6% |
| Profit (loss) for the period | 9904 | -€16,829 | -€17,432 | -€604 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,829 | -€17,432 | -€604 | -3.6% |
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 6 October 2026 via checked.be.