ELLPHI DEVELOPMENT: what changed
Two fiscal 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.
ELLPHI DEVELOPMENT
Largest movements
- Receivables within one year +€44,888
up €44,888 (+416.2%), from €10,785 to €55,673
of which Trade receivables: +€45,496
- Cash -€6,698
down €6,698 (-27.9%), from €24,003 to €17,305
mainly Receivables within one year (-€44,888)
- Reserves +€15,000
up €15,000 (+2142.9%), from €700 to €15,700
of which Distributable reserves: +€15,000
- Tax, wage and social debts +€11,293
up €11,293, from €0 to €11,293
- Trade debts +€6,611
up €6,611 (+256.4%), from €2,578 to €9,190
- Other debts +€5,000
new in 2025: €5,000
- Gross operating margin +€11,298
up €11,298 (+165.7%), from €6,820 to €18,118
- Taxes +€2,627
new in 2025: €2,627
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 | €35,105 | €72,978 | +€37,873 | +107.9% |
| Current assets | 29/58 | €35,105 | €72,978 | +€37,873 | +107.9% |
| Amounts receivable within one year | 40/41 | €10,785 | €55,673 | +€44,888 | +416.2% |
| Trade receivables | 40 | €9,800 | €55,296 | +€45,496 | +464.3% |
| Other amounts receivable | 41 | €985 | €377 | -€608 | -61.7% |
| Cash at bank and in hand | 54/58 | €24,003 | €17,305 | -€6,698 | -27.9% |
| Deferred charges and accrued income | 490/1 | €317 | €0 | -€317 | -100.0% |
| Total equity and liabilities | 10/49 | €35,105 | €72,978 | +€37,873 | +107.9% |
| Equity | 10/15 | €32,527 | €47,496 | +€14,969 | +46.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €700 | €15,700 | +€15,000 | +2142.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €700 | €15,700 | +€15,000 | +2142.9% |
| Profit (loss) carried forward | 14 | €6,827 | €6,796 | -€31 | -0.5% |
| Amounts payable | 17/49 | €2,578 | €25,482 | +€22,904 | +888.4% |
| Amounts payable within one year | 42/48 | €2,578 | €25,482 | +€22,904 | +888.4% |
| Trade debts | 44 | €2,578 | €9,190 | +€6,611 | +256.4% |
| Suppliers | 440/4 | €2,578 | €9,190 | +€6,611 | +256.4% |
| Taxes, remuneration and social security | 45 | €0 | €11,293 | +€11,293 | |
| Taxes | 450/3 | €0 | €11,293 | +€11,293 | |
| Other amounts payable | 47/48 | - | €5,000 | +€5,000 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Other operating charges | 640/8 | €501 | €483 | -€19 | -3.7% |
| Gross operating margin | 9900 | €6,820 | €18,118 | +€11,298 | +165.7% |
| Operating profit (loss) | 9901 | €6,319 | €17,635 | +€11,317 | +179.1% |
| Financial charges | 65/66B | €131 | €39 | -€92 | -70.1% |
| Recurring financial charges | 65 | €131 | €39 | -€92 | -70.1% |
| Non-recurring financial charges | 66B | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €6,188 | €17,596 | +€11,408 | +184.4% |
| Income taxes | 67/77 | - | €2,627 | +€2,627 | |
| Profit (loss) for the period | 9904 | €6,188 | €14,969 | +€8,781 | +141.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,188 | €14,969 | +€8,781 | +141.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.