Ellis en Van Loo: 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.
Ellis en Van Loo
Largest movements
- Cash +€90,603
up €90,603 (+107%), from €84,297 to €174,900
mainly Tax, wage and social debts (+€71,724) and Net result for the year (+€44,096)
- Deferred charges and accrued income -€28,183
down €28,183 (-100%), from €28,183 to €0
- Tangible fixed assets -€19,548
down €19,548 (-21.3%), from €91,990 to €72,442
of which Leasing and similar rights: -€15,696
- Receivables within one year +€11,543
up €11,543 (+6.9%), from €168,481 to €180,024
of which Trade receivables: +€51,403
- Tax, wage and social debts +€71,724
up €71,724 (+135%), from €52,993 to €124,717
of which Remuneration and social security: +€62,456
- Reserves +€44,096
up €44,096 (+24.0%), from €183,825 to €227,921
- Other debts -€42,416
down €42,416 (-62.3%), from €68,093 to €25,677
- Debts after one year -€11,034
down €11,034 (-37.3%), from €29,602 to €18,568
- Gross operating margin +€135,920
up €135,920 (+32.0%), from €425,117 to €561,037
- Staff costs +€116,980
up €116,980 (+35.2%), from €332,182 to €449,162
- Depreciation +€7,338
up €7,338 (+20.9%), from €35,127 to €42,464
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 | €372,951 | €427,366 | +€54,416 | +14.6% |
| Fixed assets | 21/28 | €91,990 | €72,442 | -€19,548 | -21.3% |
| Tangible fixed assets | 22/27 | €91,990 | €72,442 | -€19,548 | -21.3% |
| Land and buildings | 22 | €42,687 | €27,016 | -€15,670 | -36.7% |
| Plant, machinery and equipment | 23 | €3,210 | €1,664 | -€1,546 | -48.2% |
| Furniture and vehicles | 24 | - | €13,364 | +€13,364 | |
| Leasing and similar rights | 25 | €46,094 | €30,398 | -€15,696 | -34.1% |
| Current assets | 29/58 | €280,961 | €354,925 | +€73,964 | +26.3% |
| Amounts receivable within one year | 40/41 | €168,481 | €180,024 | +€11,543 | +6.9% |
| Trade receivables | 40 | €128,001 | €179,404 | +€51,403 | +40.2% |
| Other amounts receivable | 41 | €40,480 | €620 | -€39,860 | -98.5% |
| Cash at bank and in hand | 54/58 | €84,297 | €174,900 | +€90,603 | +107% |
| Deferred charges and accrued income | 490/1 | €28,183 | €0 | -€28,183 | -100% |
| Total equity and liabilities | 10/49 | €372,951 | €427,366 | +€54,416 | +14.6% |
| Equity | 10/15 | €185,825 | €229,921 | +€44,096 | +23.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €183,825 | €227,921 | +€44,096 | +24.0% |
| Distributable reserves | 133 | €183,825 | €227,921 | +€44,096 | +24.0% |
| Amounts payable | 17/49 | €187,125 | €197,445 | +€10,320 | +5.5% |
| Amounts payable after more than one year | 17 | €29,602 | €18,568 | -€11,034 | -37.3% |
| Financial debts | 170/4 | €29,602 | €18,568 | -€11,034 | -37.3% |
| Amounts payable within one year | 42/48 | €157,524 | €178,877 | +€21,354 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | €11,854 | €11,034 | -€820 | -6.9% |
| Trade debts | 44 | €18,508 | €14,244 | -€4,264 | -23.0% |
| Suppliers | 440/4 | €18,508 | €14,244 | -€4,264 | -23.0% |
| Advances received on contracts in progress | 46 | €6,076 | €3,205 | -€2,870 | -47.2% |
| Taxes, remuneration and social security | 45 | €52,993 | €124,717 | +€71,724 | +135% |
| Taxes | 450/3 | €461 | €9,730 | +€9,269 | +2,009% |
| Remuneration and social security | 454/9 | €52,532 | €114,987 | +€62,456 | +119% |
| Other amounts payable | 47/48 | €68,093 | €25,677 | -€42,416 | -62.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €332,182 | €449,162 | +€116,980 | +35.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,127 | €42,464 | +€7,338 | +20.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,140 | €247 | -€893 | -78.3% |
| Other operating charges | 640/8 | €2,099 | €2,759 | +€661 | +31.5% |
| Gross operating margin | 9900 | €425,117 | €561,037 | +€135,920 | +32.0% |
| Operating profit (loss) | 9901 | €54,570 | €66,405 | +€11,835 | +21.7% |
| Financial income | 75/76B | €80 | €1,117 | +€1,038 | +1,305% |
| Recurring financial income | 75 | €80 | €1,117 | +€1,038 | +1,305% |
| Financial charges | 65/66B | €8,456 | €7,194 | -€1,262 | -14.9% |
| Recurring financial charges | 65 | €8,456 | €7,194 | -€1,262 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €46,193 | €60,328 | +€14,135 | +30.6% |
| Income taxes | 67/77 | €12,184 | €16,232 | +€4,048 | +33.2% |
| Profit (loss) for the period | 9904 | €34,009 | €44,096 | +€10,087 | +29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,009 | €44,096 | +€10,087 | +29.7% |
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 22 October 2026 via checked.be.