ELLICO ADVICE: 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.
ELLICO ADVICE
Largest movements
- Tangible fixed assets +€13,438
up €13,438 (+1,117%), from €1,203 to €14,641
of which Furniture and vehicles: +€13,851
- Receivables within one year +€9,616
up €9,616 (+522%), from €1,843 to €11,459
of which Other amounts receivable: +€9,085
- Cash +€5,064
up €5,064 (+50.9%), from €9,950 to €15,014
mainly Trade debts (+€11,987) and Net result for the year (+€11,058)
- Trade debts +€11,987
up €11,987 (+786%), from €1,524 to €13,511
- Profit (loss) carried forward +€11,058
up €11,058 (+184%), from €6,004 to €17,062
- Tax, wage and social debts +€5,124
up €5,124 (+103%), from €4,968 to €10,092
of which Taxes: +€5,124
- Turnover -€15,317
no longer reported in 2025 (was €15,317)
- Gross operating margin +€13,018
up €13,018 (+166%), from €7,824 to €20,842
- Purchases and services -€9,444
no longer reported in 2025 (was €9,444)
- Depreciation +€4,527
up €4,527 (+12,729%), from €36 to €4,562
- Taxes +€2,376
up €2,376 (+133%), from €1,786 to €4,163
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 | €12,996 | €41,165 | +€28,168 | +217% |
| Fixed assets | 21/28 | €1,203 | €14,691 | +€13,488 | +1,121% |
| Tangible fixed assets | 22/27 | €1,203 | €14,641 | +€13,438 | +1,117% |
| Plant, machinery and equipment | 23 | €1,203 | €790 | -€413 | -34.3% |
| Furniture and vehicles | 24 | - | €13,851 | +€13,851 | |
| Financial fixed assets | 28 | - | €50 | +€50 | |
| Current assets | 29/58 | €11,793 | €26,473 | +€14,680 | +124% |
| Amounts receivable within one year | 40/41 | €1,843 | €11,459 | +€9,616 | +522% |
| Trade receivables | 40 | - | €531 | +€531 | |
| Other amounts receivable | 41 | €1,843 | €10,928 | +€9,085 | +493% |
| Cash at bank and in hand | 54/58 | €9,950 | €15,014 | +€5,064 | +50.9% |
| Total equity and liabilities | 10/49 | €12,996 | €41,165 | +€28,168 | +217% |
| Equity | 10/15 | €6,504 | €17,562 | +€11,058 | +170% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,004 | €17,062 | +€11,058 | +184% |
| Amounts payable | 17/49 | €6,492 | €23,603 | +€17,110 | +264% |
| Amounts payable within one year | 42/48 | €6,492 | €23,603 | +€17,110 | +264% |
| Trade debts | 44 | €1,524 | €13,511 | +€11,987 | +786% |
| Suppliers | 440/4 | €1,524 | €13,511 | +€11,987 | +786% |
| Taxes, remuneration and social security | 45 | €4,968 | €10,092 | +€5,124 | +103% |
| Taxes | 450/3 | €3,948 | €9,072 | +€5,124 | +130% |
| Remuneration and social security | 454/9 | €1,020 | €1,020 | = | 0.0% |
| Turnover | 70 | €15,317 | - | -€15,317 | |
| Goods, raw materials, services and sundry goods | 60/61 | €9,444 | - | -€9,444 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36 | €4,562 | +€4,527 | +12,729% |
| Other operating charges | 640/8 | - | €904 | +€904 | |
| Gross operating margin | 9900 | €7,824 | €20,842 | +€13,018 | +166% |
| Operating profit (loss) | 9901 | €7,788 | €15,375 | +€7,587 | +97.4% |
| Financial income | 75/76B | €17 | €407 | +€390 | +2,342% |
| Recurring financial income | 75 | €17 | €407 | +€390 | +2,342% |
| Financial charges | 65/66B | €15 | €562 | +€547 | +3,690% |
| Recurring financial charges | 65 | €15 | €562 | +€547 | +3,690% |
| Profit (loss) for the period before taxes | 9903 | €7,790 | €15,220 | +€7,430 | +95.4% |
| Income taxes | 67/77 | €1,786 | €4,163 | +€2,376 | +133% |
| Profit (loss) for the period | 9904 | €6,004 | €11,058 | +€5,054 | +84.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,004 | €11,058 | +€5,054 | +84.2% |
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 21 October 2026 via checked.be.