Ellima: 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.
Ellima
Largest movements
- Current investments -€72,064
down €72,064 (-100.0%), from €72,064 to €0
- Receivables within one year +€30,018
up €30,018 (+10.4%), from €288,997 to €319,015
of which Trade receivables: +€33,692
- Tangible fixed assets -€17,723
down €17,723 (-17.9%), from €99,212 to €81,489
of which Other tangible fixed assets: -€15,212
- Cash -€13,919
down €13,919 (-11.3%), from €123,223 to €109,304
mainly Contributions, distributions and other (-€254,000) and Receivables within one year (-€30,018)
- Reserves -€76,000
down €76,000 (-29.9%), from €254,000 to €178,000
- Gross operating margin +€15,846
up €15,846 (+6.2%), from €256,313 to €272,159
- Staff costs +€8,768
up €8,768 (+67.1%), from €13,057 to €21,825
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 | €589,495 | €515,808 | -€73,688 | -12.5% |
| Fixed assets | 21/28 | €105,212 | €87,489 | -€17,723 | -16.8% |
| Tangible fixed assets | 22/27 | €99,212 | €81,489 | -€17,723 | -17.9% |
| Furniture and vehicles | 24 | €4,172 | €1,661 | -€2,512 | -60.2% |
| Other tangible fixed assets | 26 | €95,039 | €79,828 | -€15,212 | -16.0% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €484,284 | €428,319 | -€55,965 | -11.6% |
| Amounts receivable within one year | 40/41 | €288,997 | €319,015 | +€30,018 | +10.4% |
| Trade receivables | 40 | €0 | €33,692 | +€33,692 | |
| Other amounts receivable | 41 | €288,997 | €285,323 | -€3,675 | -1.3% |
| Current investments | 50/53 | €72,064 | €0 | -€72,064 | -100.0% |
| Cash at bank and in hand | 54/58 | €123,223 | €109,304 | -€13,919 | -11.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €589,495 | €515,808 | -€73,688 | -12.5% |
| Equity | 10/15 | €273,409 | €197,138 | -€76,271 | -27.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €254,000 | €178,000 | -€76,000 | -29.9% |
| Distributable reserves | 133 | €254,000 | €178,000 | -€76,000 | -29.9% |
| Profit (loss) carried forward | 14 | €809 | €538 | -€271 | -33.5% |
| Amounts payable | 17/49 | €316,086 | €318,669 | +€2,583 | +0.8% |
| Amounts payable after more than one year | 17 | €285,040 | €285,040 | = | 0.0% |
| Financial debts | 170/4 | €285,040 | €285,040 | = | 0.0% |
| Amounts payable within one year | 42/48 | €31,047 | €33,630 | +€2,583 | +8.3% |
| Trade debts | 44 | €1,468 | €2,593 | +€1,126 | +76.7% |
| Suppliers | 440/4 | €1,468 | €2,593 | +€1,126 | +76.7% |
| Taxes, remuneration and social security | 45 | €27,820 | €26,956 | -€864 | -3.1% |
| Taxes | 450/3 | €20,235 | €22,354 | +€2,119 | +10.5% |
| Remuneration and social security | 454/9 | €7,585 | €4,602 | -€2,983 | -39.3% |
| Other amounts payable | 47/48 | €1,759 | €4,080 | +€2,321 | +132.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €13,057 | €21,825 | +€8,768 | +67.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,763 | €17,723 | -€2,040 | -10.3% |
| Other operating charges | 640/8 | €516 | €1,108 | +€592 | +114.7% |
| Gross operating margin | 9900 | €256,313 | €272,159 | +€15,846 | +6.2% |
| Operating profit (loss) | 9901 | €222,977 | €231,503 | +€8,526 | +3.8% |
| Financial income | 75/76B | €1,792 | €2,449 | +€657 | +36.7% |
| Recurring financial income | 75 | €1,792 | €2,449 | +€657 | +36.7% |
| Financial charges | 65/66B | €889 | €2,435 | +€1,546 | +173.9% |
| Recurring financial charges | 65 | €889 | €2,435 | +€1,546 | +173.9% |
| Profit (loss) for the period before taxes | 9903 | €223,881 | €231,517 | +€7,637 | +3.4% |
| Income taxes | 67/77 | €51,579 | €53,788 | +€2,209 | +4.3% |
| Profit (loss) for the period | 9904 | €172,302 | €177,729 | +€5,427 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €172,302 | €177,729 | +€5,427 | +3.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.