ELLLE: 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.
ELLLE
Largest movements
- Cash -€288
down €288 (-91.4%), from €315 to €27
mainly Short-term financial debts (-€3,622) and Net result for the year (-€3,244)
- Receivables within one year -€24
down €24 (-4.0%), from €602 to €578
- Debts after one year +€3,622
up €3,622 (+2.7%), from €133,450 to €137,072
- Short-term financial debts -€3,622
no longer reported in 2026 (was €3,622)
- Profit (loss) carried forward -€3,244
down €3,244 (-2.0%), from -€160,867 to -€164,111
- Other debts +€2,340
new in 2026: €2,340
- Trade debts +€592
new in 2026: €592
- Financial charges -€3,521
down €3,521 (-98.4%), from €3,579 to €58
- Depreciation -€788
no longer reported in 2026 (was €788)
- Gross operating margin +€28
up €28 (+1.0%), from -€2,734 to -€2,706
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,205 | €893 | -€312 | -25.9% |
| Fixed assets | 21/28 | €288 | €288 | = | 0.0% |
| Financial fixed assets | 28 | €288 | €288 | = | 0.0% |
| Current assets | 29/58 | €917 | €605 | -€312 | -34.0% |
| Amounts receivable within one year | 40/41 | €602 | €578 | -€24 | -4.0% |
| Other amounts receivable | 41 | €602 | €578 | -€24 | -4.0% |
| Cash at bank and in hand | 54/58 | €315 | €27 | -€288 | -91.4% |
| Total equity and liabilities | 10/49 | €1,205 | €893 | -€312 | -25.9% |
| Equity | 10/15 | -€135,867 | -€139,111 | -€3,244 | -2.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€160,867 | -€164,111 | -€3,244 | -2.0% |
| Amounts payable | 17/49 | €137,072 | €140,004 | +€2,932 | +2.1% |
| Amounts payable after more than one year | 17 | €133,450 | €137,072 | +€3,622 | +2.7% |
| Other amounts payable | 178/9 | €133,450 | €137,072 | +€3,622 | +2.7% |
| Amounts payable within one year | 42/48 | €3,622 | €2,932 | -€690 | -19.1% |
| Financial debts | 43 | €3,622 | - | -€3,622 | |
| Credit institutions | 430/8 | €3,622 | - | -€3,622 | |
| Trade debts | 44 | - | €592 | +€592 | |
| Suppliers | 440/4 | - | €592 | +€592 | |
| Other amounts payable | 47/48 | - | €2,340 | +€2,340 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €788 | - | -€788 | |
| Other operating charges | 640/8 | €503 | €480 | -€23 | -4.6% |
| Gross operating margin | 9900 | -€2,734 | -€2,706 | +€28 | +1.0% |
| Operating profit (loss) | 9901 | -€4,025 | -€3,186 | +€839 | +20.8% |
| Financial charges | 65/66B | €3,579 | €58 | -€3,521 | -98.4% |
| Recurring financial charges | 65 | €3,579 | €58 | -€3,521 | -98.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,604 | -€3,244 | +€4,360 | +57.3% |
| Profit (loss) for the period | 9904 | -€7,604 | -€3,244 | +€4,360 | +57.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,604 | -€3,244 | +€4,360 | +57.3% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.