ELLIXE development: 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.
ELLIXE development
Largest movements
- Stocks and contracts +€518,885
new in 2025: €518,885
- Receivables within one year -€9,344
down €9,344 (-54.9%), from €17,023 to €7,679
- Debts after one year +€385,686
new in 2025: €385,686
- Other debts +€90,421
new in 2025: €90,421
- Trade debts +€37,993
new in 2025: €37,993
- Financial charges +€2,756
up €2,756 (+5,247%), from €53 to €2,808
- Other operating charges +€645
new in 2025: €645
- Financial income +€404
up €404 (+54,654%), from €1 to €405
- Gross operating margin -€269
down €269 (-35.3%), from -€761 to -€1,030
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 | €18,744 | €528,336 | +€509,591 | +2,719% |
| Formation expenses | 20 | €1,714 | €1,283 | -€431 | -25.2% |
| Current assets | 29/58 | €17,031 | €527,053 | +€510,023 | +2,995% |
| Stocks and contracts in progress | 3 | - | €518,885 | +€518,885 | |
| Stocks | 30/36 | - | €518,885 | +€518,885 | |
| Amounts receivable within one year | 40/41 | €17,023 | €7,679 | -€9,344 | -54.9% |
| Other amounts receivable | 41 | €17,023 | €7,679 | -€9,344 | -54.9% |
| Current investments | 50/53 | €7 | - | -€7 | |
| Cash at bank and in hand | 54/58 | - | €489 | +€489 | |
| Total equity and liabilities | 10/49 | €18,744 | €528,336 | +€509,591 | +2,719% |
| Equity | 10/15 | €18,744 | €14,236 | -€4,509 | -24.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,256 | -€5,764 | -€4,509 | -359% |
| Amounts payable | 17/49 | - | €514,100 | +€514,100 | |
| Amounts payable after more than one year | 17 | - | €385,686 | +€385,686 | |
| Financial debts | 170/4 | - | €385,686 | +€385,686 | |
| Amounts payable within one year | 42/48 | - | €128,414 | +€128,414 | |
| Trade debts | 44 | - | €37,993 | +€37,993 | |
| Suppliers | 440/4 | - | €37,993 | +€37,993 | |
| Other amounts payable | 47/48 | - | €90,421 | +€90,421 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €431 | €431 | = | 0.0% |
| Other operating charges | 640/8 | - | €645 | +€645 | |
| Gross operating margin | 9900 | -€761 | -€1,030 | -€269 | -35.3% |
| Operating profit (loss) | 9901 | -€1,193 | -€2,106 | -€913 | -76.6% |
| Financial income | 75/76B | €1 | €405 | +€404 | +54,654% |
| Recurring financial income | 75 | €1 | €405 | +€404 | +54,654% |
| Financial charges | 65/66B | €53 | €2,808 | +€2,756 | +5,247% |
| Recurring financial charges | 65 | €53 | €2,808 | +€2,756 | +5,247% |
| Profit (loss) for the period before taxes | 9903 | -€1,244 | -€4,509 | -€3,264 | -262% |
| Profit (loss) for the period | 9904 | -€1,244 | -€4,509 | -€3,264 | -262% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,244 | -€4,509 | -€3,264 | -262% |
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 14 October 2026 via checked.be.