ELLIEN: 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.
ELLIEN
Largest movements
- Tangible fixed assets -€13,977
down €13,977 (-5.2%), from €270,271 to €256,295
of which Land and buildings: -€15,584
- Debts after one year -€24,363
down €24,363 (-9.0%), from €270,016 to €245,654
of which Financial debts: -€24,363
- Profit (loss) carried forward +€10,816
up €10,816 (+19.6%), from -€55,187 to -€44,372
- Financial charges -€3,907
down €3,907 (-69.8%), from €5,598 to €1,691
- Gross operating margin -€1,239
down €1,239 (-3.8%), from €32,435 to €31,195
- Other operating charges +€546
up €546 (+21.3%), from €2,565 to €3,111
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 | €300,333 | €285,435 | -€14,898 | -5.0% |
| Fixed assets | 21/28 | €270,271 | €256,295 | -€13,977 | -5.2% |
| Tangible fixed assets | 22/27 | €270,271 | €256,295 | -€13,977 | -5.2% |
| Land and buildings | 22 | €270,271 | €254,688 | -€15,584 | -5.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | €1,607 | +€1,607 | |
| Current assets | 29/58 | €30,061 | €29,140 | -€921 | -3.1% |
| Amounts receivable within one year | 40/41 | €288 | €0 | -€288 | -100.0% |
| Trade receivables | 40 | €288 | €0 | -€288 | -100.0% |
| Cash at bank and in hand | 54/58 | €28,604 | €27,930 | -€675 | -2.4% |
| Deferred charges and accrued income | 490/1 | €1,169 | €1,210 | +€41 | +3.5% |
| Total equity and liabilities | 10/49 | €300,333 | €285,435 | -€14,898 | -5.0% |
| Equity | 10/15 | €3,905 | €14,720 | +€10,816 | +277.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €46,692 | €46,692 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €44,832 | €46,692 | +€1,860 | +4.1% |
| Profit (loss) carried forward | 14 | -€55,187 | -€44,372 | +€10,816 | +19.6% |
| Amounts payable | 17/49 | €296,428 | €270,715 | -€25,713 | -8.7% |
| Amounts payable after more than one year | 17 | €270,016 | €245,654 | -€24,363 | -9.0% |
| Financial debts | 170/4 | €66,447 | €42,084 | -€24,363 | -36.7% |
| Other amounts payable | 178/9 | €203,570 | €203,570 | = | 0.0% |
| Amounts payable within one year | 42/48 | €26,412 | €25,061 | -€1,351 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €25,762 | €24,363 | -€1,399 | -5.4% |
| Trade debts | 44 | - | €48 | +€48 | |
| Suppliers | 440/4 | - | €48 | +€48 | |
| Other amounts payable | 47/48 | €650 | €650 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,075 | €15,856 | -€220 | -1.4% |
| Other operating charges | 640/8 | €2,565 | €3,111 | +€546 | +21.3% |
| Gross operating margin | 9900 | €32,435 | €31,195 | -€1,239 | -3.8% |
| Operating profit (loss) | 9901 | €13,795 | €12,229 | -€1,566 | -11.3% |
| Financial income | 75/76B | €287 | €411 | +€124 | +43.2% |
| Recurring financial income | 75 | €287 | €411 | +€124 | +43.2% |
| Financial charges | 65/66B | €5,598 | €1,691 | -€3,907 | -69.8% |
| Recurring financial charges | 65 | €5,598 | €1,691 | -€3,907 | -69.8% |
| Profit (loss) for the period before taxes | 9903 | €8,484 | €10,949 | +€2,465 | +29.1% |
| Income taxes | 67/77 | - | €133 | +€133 | |
| Profit (loss) for the period | 9904 | €8,484 | €10,816 | +€2,332 | +27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,484 | €10,816 | +€2,332 | +27.5% |
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.