ELLO CONSULT: 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.
ELLO CONSULT
Largest movements
- Tangible fixed assets -€96,260
down €96,260 (-39.4%), from €244,479 to €148,220
of which Land and buildings: -€94,500
- Cash -€40,113
down €40,113 (-35.2%), from €113,897 to €73,784
mainly Debts after one year (-€120,000) and Receivables within one year (-€38,624)
- Receivables within one year +€38,624
up €38,624 (+24.6%), from €156,853 to €195,477
of which Trade receivables: +€30,596
- Debts after one year -€120,000
down €120,000 (-52.6%), from €228,000 to €108,000
- Reserves +€60,000
up €60,000 (+39.2%), from €153,000 to €213,000
- Trade debts -€32,965
down €32,965 (-39.9%), from €82,554 to €49,589
- Other debts -€12,866
no longer reported in 2025 (was €12,866)
- Tax, wage and social debts +€6,463
up €6,463 (+19.6%), from €33,053 to €39,516
- Financial income +€55,733
up €55,733 (+1,416%), from €3,935 to €59,668
of which Non-recurring financial income: +€57,000
- Gross operating margin -€34,415
down €34,415 (-40.8%), from €84,380 to €49,965
- Other operating charges -€32,151
down €32,151 (-95.5%), from €33,660 to €1,509
- Taxes +€14,789
up €14,789 (+113%), from €13,073 to €27,862
- Financial charges +€8,624
up €8,624 (+1,513%), from €570 to €9,194
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 | €518,102 | €419,805 | -€98,297 | -19.0% |
| Fixed assets | 21/28 | €244,479 | €148,220 | -€96,260 | -39.4% |
| Tangible fixed assets | 22/27 | €244,479 | €148,220 | -€96,260 | -39.4% |
| Land and buildings | 22 | €224,938 | €130,438 | -€94,500 | -42.0% |
| Plant, machinery and equipment | 23 | €10,510 | €10,799 | +€289 | +2.8% |
| Furniture and vehicles | 24 | €9,031 | €6,983 | -€2,049 | -22.7% |
| Current assets | 29/58 | €273,623 | €271,586 | -€2,037 | -0.7% |
| Stocks and contracts in progress | 3 | €1,722 | €1,722 | = | 0.0% |
| Stocks | 30/36 | €1,722 | €1,722 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €156,853 | €195,477 | +€38,624 | +24.6% |
| Trade receivables | 40 | €105,467 | €136,063 | +€30,596 | +29.0% |
| Other amounts receivable | 41 | €51,386 | €59,414 | +€8,028 | +15.6% |
| Cash at bank and in hand | 54/58 | €113,897 | €73,784 | -€40,113 | -35.2% |
| Deferred charges and accrued income | 490/1 | €1,151 | €604 | -€548 | -47.6% |
| Total equity and liabilities | 10/49 | €518,102 | €419,805 | -€98,297 | -19.0% |
| Equity | 10/15 | €161,597 | €222,701 | +€61,103 | +37.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €153,000 | €213,000 | +€60,000 | +39.2% |
| Distributable reserves | 133 | €153,000 | €213,000 | +€60,000 | +39.2% |
| Profit (loss) carried forward | 14 | €3,597 | €4,701 | +€1,103 | +30.7% |
| Amounts payable | 17/49 | €356,505 | €197,105 | -€159,400 | -44.7% |
| Amounts payable after more than one year | 17 | €228,000 | €108,000 | -€120,000 | -52.6% |
| Financial debts | 170/4 | €228,000 | €108,000 | -€120,000 | -52.6% |
| Amounts payable within one year | 42/48 | €128,505 | €89,105 | -€39,400 | -30.7% |
| Financial debts | 43 | €32 | - | -€32 | |
| Credit institutions | 430/8 | €32 | - | -€32 | |
| Trade debts | 44 | €82,554 | €49,589 | -€32,965 | -39.9% |
| Suppliers | 440/4 | €82,554 | €49,589 | -€32,965 | -39.9% |
| Taxes, remuneration and social security | 45 | €33,053 | €39,516 | +€6,463 | +19.6% |
| Taxes | 450/3 | €33,053 | €39,516 | +€6,463 | +19.6% |
| Other amounts payable | 47/48 | €12,866 | - | -€12,866 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,508 | €9,965 | +€6,457 | +184% |
| Other operating charges | 640/8 | €33,660 | €1,509 | -€32,151 | -95.5% |
| Gross operating margin | 9900 | €84,380 | €49,965 | -€34,415 | -40.8% |
| Operating profit (loss) | 9901 | €47,211 | €38,491 | -€8,720 | -18.5% |
| Financial income | 75/76B | €3,935 | €59,668 | +€55,733 | +1,416% |
| Recurring financial income | 75 | €3,935 | €2,668 | -€1,267 | -32.2% |
| Non-recurring financial income | 76B | - | €57,000 | +€57,000 | |
| Financial charges | 65/66B | €570 | €9,194 | +€8,624 | +1,513% |
| Recurring financial charges | 65 | €570 | €9,194 | +€8,624 | +1,513% |
| Profit (loss) for the period before taxes | 9903 | €50,577 | €88,966 | +€38,389 | +75.9% |
| Income taxes | 67/77 | €13,073 | €27,862 | +€14,789 | +113% |
| Profit (loss) for the period | 9904 | €37,504 | €61,104 | +€23,600 | +62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,504 | €61,104 | +€23,600 | +62.9% |
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.