ELLIA: 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.
ELLIA
Largest movements
- Tangible fixed assets +€2,528
up €2,528 (+3.9%), from €65,440 to €67,969
of which Other tangible fixed assets: +€29,146
- Cash +€2,222
up €2,222 (+141%), from €1,574 to €3,796
mainly Depreciation (+€16,472) and Net result for the year (+€8,801)
- Deferred charges and accrued income +€916
up €916 (+10.5%), from €8,748 to €9,664
- Other debts +€8,090
up €8,090 (+236%), from €3,426 to €11,516
- Tax, wage and social debts -€6,903
down €6,903 (-98.6%), from €7,004 to €102
- Debts after one year +€5,774
up €5,774 (+106%), from €5,442 to €11,216
- Current portion of long-term debt -€2,129
down €2,129 (-16.3%), from €13,083 to €10,955
- Staff costs -€5,859
no longer reported in 2025 (was €5,859)
- Gross operating margin -€5,408
down €5,408 (-14.4%), from €37,565 to €32,157
- Depreciation +€1,165
up €1,165 (+7.6%), from €15,307 to €16,472
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.
Derived cash bridge
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 | €82,567 | €88,183 | +€5,616 | +6.8% |
| Fixed assets | 21/28 | €68,566 | €70,469 | +€1,903 | +2.8% |
| Tangible fixed assets | 22/27 | €65,440 | €67,969 | +€2,528 | +3.9% |
| Plant, machinery and equipment | 23 | €43,805 | €8,623 | -€35,181 | -80.3% |
| Furniture and vehicles | 24 | €21,636 | €30,200 | +€8,564 | +39.6% |
| Other tangible fixed assets | 26 | - | €29,146 | +€29,146 | |
| Financial fixed assets | 28 | €3,125 | €2,500 | -€625 | -20.0% |
| Current assets | 29/58 | €14,001 | €17,715 | +€3,713 | +26.5% |
| Amounts receivable within one year | 40/41 | €3,679 | €4,254 | +€575 | +15.6% |
| Trade receivables | 40 | €3,300 | €3,550 | +€250 | +7.6% |
| Other amounts receivable | 41 | €379 | €704 | +€325 | +85.8% |
| Cash at bank and in hand | 54/58 | €1,574 | €3,796 | +€2,222 | +141% |
| Deferred charges and accrued income | 490/1 | €8,748 | €9,664 | +€916 | +10.5% |
| Total equity and liabilities | 10/49 | €82,567 | €88,183 | +€5,616 | +6.8% |
| Equity | 10/15 | €53,611 | €53,052 | -€559 | -1.0% |
| Contributions | 10/11 | €12,480 | €12,480 | = | 0.0% |
| Reserves | 13 | €41,131 | €40,572 | -€559 | -1.4% |
| Distributable reserves | 133 | €41,131 | €40,572 | -€559 | -1.4% |
| Amounts payable | 17/49 | €28,956 | €35,131 | +€6,175 | +21.3% |
| Amounts payable after more than one year | 17 | €5,442 | €11,216 | +€5,774 | +106% |
| Financial debts | 170/4 | €5,442 | €11,216 | +€5,774 | +106% |
| Amounts payable within one year | 42/48 | €23,514 | €23,415 | -€99 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €13,083 | €10,955 | -€2,129 | -16.3% |
| Trade debts | 44 | - | €843 | +€843 | |
| Suppliers | 440/4 | - | €843 | +€843 | |
| Taxes, remuneration and social security | 45 | €7,004 | €102 | -€6,903 | -98.6% |
| Taxes | 450/3 | €7,004 | €102 | -€6,903 | -98.6% |
| Other amounts payable | 47/48 | €3,426 | €11,516 | +€8,090 | +236% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Remuneration, social security and pensions | 62 | €5,859 | - | -€5,859 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,307 | €16,472 | +€1,165 | +7.6% |
| Other operating charges | 640/8 | €785 | €1,148 | +€363 | +46.2% |
| Non-recurring operating charges | 66A | - | €263 | +€263 | |
| Gross operating margin | 9900 | €37,565 | €32,157 | -€5,408 | -14.4% |
| Operating profit (loss) | 9901 | €15,614 | €14,274 | -€1,340 | -8.6% |
| Financial income | 75/76B | €25 | €82 | +€57 | +226% |
| Recurring financial income | 75 | €25 | €82 | +€57 | +226% |
| Financial charges | 65/66B | €407 | €398 | -€9 | -2.1% |
| Recurring financial charges | 65 | €407 | €398 | -€9 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €15,232 | €13,957 | -€1,275 | -8.4% |
| Income taxes | 67/77 | €5,012 | €5,156 | +€144 | +2.9% |
| Profit (loss) for the period | 9904 | €10,220 | €8,801 | -€1,419 | -13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,220 | €8,801 | -€1,419 | -13.9% |
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 14 October 2026 via checked.be.