ELLEVELD: 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.
ELLEVELD
Largest movements
- Cash +€7,357
up €7,357 (+601.9%), from €1,222 to €8,579
mainly Other debts (+€12,401) and Receivables within one year (+€7,261)
- Receivables within one year -€7,261
down €7,261 (-31.3%), from €23,191 to €15,930
of which Trade receivables: -€14,690
- Tangible fixed assets -€2,080
down €2,080 (-25.1%), from €8,300 to €6,220
of which Furniture and vehicles: -€2,355
- Deferred charges and accrued income -€714
down €714 (-11.8%), from €6,038 to €5,324
- Profit (loss) carried forward -€13,696
no longer reported in 2025 (was €13,696)
- Other debts +€12,401
up €12,401 (+1488.7%), from €833 to €13,234
- Tax, wage and social debts -€5,614
down €5,614 (-51.8%), from €10,830 to €5,217
- Trade debts +€4,136
up €4,136 (+184.0%), from €2,248 to €6,384
- Debts after one year -€2,397
down €2,397 (-62.4%), from €3,839 to €1,443
- Gross operating margin -€16,715
down €16,715 (-67.6%), from €24,726 to €8,011
- Taxes -€3,614
down €3,614 (-71.9%), from €5,025 to €1,410
- Other operating charges +€1,309
up €1,309 (+113.8%), from €1,150 to €2,460
- Financial income -€863
down €863 (-100.0%), from €863 to €0
- Financial charges -€486
down €486 (-21.6%), from €2,245 to €1,759
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 | €38,751 | €36,053 | -€2,698 | -7.0% |
| Fixed assets | 21/28 | €8,300 | €6,220 | -€2,080 | -25.1% |
| Tangible fixed assets | 22/27 | €8,300 | €6,220 | -€2,080 | -25.1% |
| Plant, machinery and equipment | 23 | - | €276 | +€276 | |
| Furniture and vehicles | 24 | €8,300 | €5,945 | -€2,355 | -28.4% |
| Current assets | 29/58 | €30,451 | €29,833 | -€618 | -2.0% |
| Amounts receivable within one year | 40/41 | €23,191 | €15,930 | -€7,261 | -31.3% |
| Trade receivables | 40 | €22,055 | €7,366 | -€14,690 | -66.6% |
| Other amounts receivable | 41 | €1,136 | €8,564 | +€7,428 | +654.1% |
| Cash at bank and in hand | 54/58 | €1,222 | €8,579 | +€7,357 | +601.9% |
| Deferred charges and accrued income | 490/1 | €6,038 | €5,324 | -€714 | -11.8% |
| Total equity and liabilities | 10/49 | €38,751 | €36,053 | -€2,698 | -7.0% |
| Equity | 10/15 | €18,696 | €5,000 | -€13,696 | -73.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,696 | - | -€13,696 | |
| Amounts payable | 17/49 | €20,055 | €31,053 | +€10,999 | +54.8% |
| Amounts payable after more than one year | 17 | €3,839 | €1,443 | -€2,397 | -62.4% |
| Financial debts | 170/4 | €3,839 | €1,443 | -€2,397 | -62.4% |
| Amounts payable within one year | 42/48 | €16,215 | €28,721 | +€12,506 | +77.1% |
| Current portion of amounts payable after more than one year | 42 | €2,304 | €2,196 | -€109 | -4.7% |
| Financial debts | 43 | - | €1,692 | +€1,692 | |
| Credit institutions | 430/8 | - | €1,692 | +€1,692 | |
| Trade debts | 44 | €2,248 | €6,384 | +€4,136 | +184.0% |
| Suppliers | 440/4 | €2,248 | €6,384 | +€4,136 | +184.0% |
| Taxes, remuneration and social security | 45 | €10,830 | €5,217 | -€5,614 | -51.8% |
| Taxes | 450/3 | €10,830 | €5,217 | -€5,614 | -51.8% |
| Other amounts payable | 47/48 | €833 | €13,234 | +€12,401 | +1488.7% |
| Accrued charges and deferred income | 492/3 | - | €889 | +€889 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,640 | €2,844 | +€204 | +7.7% |
| Other operating charges | 640/8 | €1,150 | €2,460 | +€1,309 | +113.8% |
| Gross operating margin | 9900 | €24,726 | €8,011 | -€16,715 | -67.6% |
| Operating profit (loss) | 9901 | €20,936 | €2,707 | -€18,229 | -87.1% |
| Financial income | 75/76B | €863 | €0 | -€863 | -100.0% |
| Recurring financial income | 75 | €863 | €0 | -€863 | -100.0% |
| Financial charges | 65/66B | €2,245 | €1,759 | -€486 | -21.6% |
| Recurring financial charges | 65 | €2,245 | €1,759 | -€486 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €19,554 | €948 | -€18,606 | -95.2% |
| Income taxes | 67/77 | €5,025 | €1,410 | -€3,614 | -71.9% |
| Profit (loss) for the period | 9904 | €14,529 | -€463 | -€14,992 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,529 | -€463 | -€14,992 |
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 11 October 2026 via checked.be.