ELLIMMO VASTGOED: 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.
What changed
ELLIMMO VASTGOED
NACE 68.310, Real estate agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€262,536
2024 · €193,212+€69,325
Equity
€942,416
2024 · €699,549+€242,866
Cash
€822,025
2024 · €545,887+€276,138
Balance sheet total
€1.2m
2024 · €874,565+€286,609
Largest movements
Assets
- Cash +€276,138
up €276,138 (+50.6%), from €545,887 to €822,025
mainly Net result for the year (+€262,536) and Tax, wage and social debts (+€38,932)
Equity and liabilities
- Reserves +€226,746
up €226,746 (+32.4%), from €699,499 to €926,245
- Tax, wage and social debts +€38,932
up €38,932 (+517%), from €7,525 to €46,457
- Short-term financial debts +€22,500
new in 2025: €22,500
- Profit (loss) carried forward +€16,120
new in 2025: €16,120
Income statement
- Gross operating margin +€107,688
up €107,688 (+36.7%), from €293,745 to €401,433
- Taxes +€33,367
up €33,367 (+38.7%), from €86,299 to €119,667
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.
Result 2024
€193,212
Gross operating margin
+€107,688
Staff costs
-€1,135
Depreciation
-€439
Other operating charges
+€503
Other operating items
-€1,444
Financial income
+€316
Financial charges
-€2,796
Taxes
-€33,367
Result 2025
€262,536
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€294,712
Investment
-€10,473
Financing
-€8,101
Cash 2024
€545,887
From operations (derived)
+€294,712
Net result for the year
+€262,536
Depreciation
+€7,165
Receivables within one year
-€7,162
Trade debts
-€6,874
Tax, wage and social debts
+€38,932
Other debts
+€116
Investment (derived)
-€10,473
Investment in fixed assets (net)
-€10,473
Financing
-€8,101
Debts after one year
-€11,041
Current portion of long-term debt
+€110
Short-term financial debts
+€22,500
Contributions, distributions and other
-€19,670
Cash 2025
€822,025
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €874,565 | €1,161,174 | +€286,609 | +32.8% |
| Fixed assets | 21/28 | €250,682 | €253,991 | +€3,309 | +1.3% |
| Tangible fixed assets | 22/27 | €250,682 | €253,991 | +€3,309 | +1.3% |
| Land and buildings | 22 | €244,348 | €240,096 | -€4,252 | -1.7% |
| Plant, machinery and equipment | 23 | €912 | €764 | -€148 | -16.2% |
| Furniture and vehicles | 24 | €5,423 | €9,819 | +€4,396 | +81.1% |
| Assets under construction and advance payments | 27 | - | €3,313 | +€3,313 | |
| Current assets | 29/58 | €623,882 | €907,183 | +€283,301 | +45.4% |
| Amounts receivable within one year | 40/41 | €77,995 | €85,158 | +€7,162 | +9.2% |
| Trade receivables | 40 | €73,008 | €84,958 | +€11,949 | +16.4% |
| Other amounts receivable | 41 | €4,987 | €200 | -€4,787 | -96.0% |
| Cash at bank and in hand | 54/58 | €545,887 | €822,025 | +€276,138 | +50.6% |
| Total equity and liabilities | 10/49 | €874,565 | €1,161,174 | +€286,609 | +32.8% |
| Equity | 10/15 | €699,549 | €942,416 | +€242,866 | +34.7% |
| Contributions | 10/11 | €50 | €50 | = | 0.0% |
| Reserves | 13 | €699,499 | €926,245 | +€226,746 | +32.4% |
| Distributable reserves | 133 | €699,499 | €926,245 | +€226,746 | +32.4% |
| Profit (loss) carried forward | 14 | - | €16,120 | +€16,120 | |
| Amounts payable | 17/49 | €175,015 | €218,758 | +€43,743 | +25.0% |
| Amounts payable after more than one year | 17 | €121,665 | €110,624 | -€11,041 | -9.1% |
| Financial debts | 170/4 | €121,665 | €110,624 | -€11,041 | -9.1% |
| Amounts payable within one year | 42/48 | €53,350 | €108,135 | +€54,784 | +103% |
| Current portion of amounts payable after more than one year | 42 | €10,931 | €11,041 | +€110 | +1.0% |
| Financial debts | 43 | - | €22,500 | +€22,500 | |
| Credit institutions | 430/8 | - | €22,500 | +€22,500 | |
| Trade debts | 44 | €34,895 | €28,021 | -€6,874 | -19.7% |
| Suppliers | 440/4 | €34,895 | €28,021 | -€6,874 | -19.7% |
| Taxes, remuneration and social security | 45 | €7,525 | €46,457 | +€38,932 | +517% |
| Taxes | 450/3 | €7,525 | €46,457 | +€38,932 | +517% |
| Other amounts payable | 47/48 | - | €116 | +€116 | |
| Remuneration, social security and pensions | 62 | - | €1,135 | +€1,135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,726 | €7,165 | +€439 | +6.5% |
| Other operating charges | 640/8 | €4,058 | €3,556 | -€503 | -12.4% |
| Non-recurring operating charges | 66A | - | €1,444 | +€1,444 | |
| Gross operating margin | 9900 | €293,745 | €401,433 | +€107,688 | +36.7% |
| Operating profit (loss) | 9901 | €282,961 | €388,134 | +€105,173 | +37.2% |
| Financial income | 75/76B | €0 | €316 | +€316 | +631,060% |
| Recurring financial income | 75 | €0 | €316 | +€316 | +631,060% |
| Financial charges | 65/66B | €3,450 | €6,246 | +€2,796 | +81.0% |
| Recurring financial charges | 65 | €3,450 | €6,246 | +€2,796 | +81.0% |
| Profit (loss) for the period before taxes | 9903 | €279,511 | €382,203 | +€102,692 | +36.7% |
| Income taxes | 67/77 | €86,299 | €119,667 | +€33,367 | +38.7% |
| Profit (loss) for the period | 9904 | €193,212 | €262,536 | +€69,325 | +35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €193,212 | €262,536 | +€69,325 | +35.9% |
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 30 October 2026 via checked.be.