ELLO IMMOS: 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 IMMOS
Largest movements
- Cash +€74,791
up €74,791 (+190.1%), from €39,343 to €114,134
mainly Other debts (+€93,734) and Depreciation (+€50,831)
- Other debts +€93,734
up €93,734 (+93.2%), from €100,539 to €194,273
- Trade debts -€23,907
no longer reported in 2025 (was €23,907)
- Debts after one year +€22,923
up €22,923 (+2.4%), from €946,712 to €969,635
of which Financial debts: +€22,923
- Gross operating margin +€12,061
up €12,061 (+18.8%), from €64,232 to €76,293
- Depreciation -€7,017
down €7,017 (-12.1%), from €57,848 to €50,831
- Financial income -€5,211
no longer reported in 2025 (was €5,211)
- Financial charges -€4,438
down €4,438 (-24.8%), from €17,924 to €13,487
- Taxes +€1,634
up €1,634 (+71.8%), from €2,274 to €3,908
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.
Cash bridge derived
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 | €1,763,418 | €1,864,754 | +€101,335 | +5.7% |
| Fixed assets | 21/28 | €1,710,943 | €1,719,129 | +€8,186 | +0.5% |
| Tangible fixed assets | 22/27 | €1,710,943 | €1,719,129 | +€8,186 | +0.5% |
| Land and buildings | 22 | €1,402,779 | €1,413,037 | +€10,258 | +0.7% |
| Plant, machinery and equipment | 23 | €1,690 | €6,276 | +€4,585 | +271.3% |
| Assets under construction and advance payments | 27 | €306,474 | €299,817 | -€6,657 | -2.2% |
| Current assets | 29/58 | €52,475 | €145,624 | +€93,149 | +177.5% |
| Amounts receivable within one year | 40/41 | €10,694 | €28,461 | +€17,767 | +166.1% |
| Trade receivables | 40 | €10,000 | €27,767 | +€17,767 | +177.7% |
| Other amounts receivable | 41 | €694 | €694 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €39,343 | €114,134 | +€74,791 | +190.1% |
| Deferred charges and accrued income | 490/1 | €2,438 | €3,029 | +€591 | +24.2% |
| Total equity and liabilities | 10/49 | €1,763,418 | €1,864,754 | +€101,335 | +5.7% |
| Equity | 10/15 | €653,831 | €658,488 | +€4,657 | +0.7% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Revaluation surpluses | 12 | €628,795 | €628,795 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,965 | -€5,307 | +€4,657 | +46.7% |
| Amounts payable | 17/49 | €1,109,588 | €1,206,266 | +€96,678 | +8.7% |
| Amounts payable after more than one year | 17 | €946,712 | €969,635 | +€22,923 | +2.4% |
| Financial debts | 170/4 | €939,082 | €962,005 | +€22,923 | +2.4% |
| Advances received on contracts in progress | 176 | €7,630 | €7,630 | = | 0.0% |
| Amounts payable within one year | 42/48 | €162,876 | €236,630 | +€73,755 | +45.3% |
| Current portion of amounts payable after more than one year | 42 | €35,500 | €36,177 | +€676 | +1.9% |
| Trade debts | 44 | €23,907 | - | -€23,907 | |
| Suppliers | 440/4 | €23,907 | - | -€23,907 | |
| Taxes, remuneration and social security | 45 | €2,929 | €6,180 | +€3,251 | +111.0% |
| Taxes | 450/3 | €2,929 | €6,180 | +€3,251 | +111.0% |
| Other amounts payable | 47/48 | €100,539 | €194,273 | +€93,734 | +93.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,848 | €50,831 | -€7,017 | -12.1% |
| Other operating charges | 640/8 | €4,379 | €3,410 | -€969 | -22.1% |
| Gross operating margin | 9900 | €64,232 | €76,293 | +€12,061 | +18.8% |
| Operating profit (loss) | 9901 | €2,005 | €22,052 | +€20,048 | +1000.1% |
| Financial income | 75/76B | €5,211 | - | -€5,211 | |
| Recurring financial income | 75 | €5,211 | - | -€5,211 | |
| Financial charges | 65/66B | €17,924 | €13,487 | -€4,438 | -24.8% |
| Recurring financial charges | 65 | €17,924 | €13,487 | -€4,438 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,709 | €8,565 | +€19,274 | |
| Income taxes | 67/77 | €2,274 | €3,908 | +€1,634 | +71.8% |
| Profit (loss) for the period | 9904 | -€12,983 | €4,657 | +€17,641 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,983 | €4,657 | +€17,641 |
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 11 October 2026 via checked.be.