ELLVICO: 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.
ELLVICO
Largest movements
- Cash +€106,199
up €106,199 (+761.5%), from €13,947 to €120,145
mainly Other debts (+€60,358) and Net result for the year (+€47,718)
- Receivables within one year +€2,309
up €2,309 (+26.6%), from €8,676 to €10,985
of which Other amounts receivable: +€1,305
- Other debts +€60,358
up €60,358 (+12214.2%), from €494 to €60,852
- Reserves +€47,718
up €47,718 (+327.7%), from €14,563 to €62,281
- Gross operating margin +€42,504
up €42,504 (+223.0%), from €19,064 to €61,567
- Taxes +€8,846
up €8,846 (+229.8%), from €3,849 to €12,695
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,883 | €133,691 | +€107,807 | +416.5% |
| Fixed assets | 21/28 | €3,260 | €2,560 | -€700 | -21.5% |
| Tangible fixed assets | 22/27 | €3,260 | €2,560 | -€700 | -21.5% |
| Furniture and vehicles | 24 | €3,260 | €2,560 | -€700 | -21.5% |
| Current assets | 29/58 | €22,623 | €131,130 | +€108,507 | +479.6% |
| Amounts receivable within one year | 40/41 | €8,676 | €10,985 | +€2,309 | +26.6% |
| Trade receivables | 40 | €8,676 | €9,680 | +€1,004 | +11.6% |
| Other amounts receivable | 41 | - | €1,305 | +€1,305 | |
| Cash at bank and in hand | 54/58 | €13,947 | €120,145 | +€106,199 | +761.5% |
| Total equity and liabilities | 10/49 | €25,883 | €133,691 | +€107,807 | +416.5% |
| Equity | 10/15 | €19,563 | €67,281 | +€47,718 | +243.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €14,563 | €62,281 | +€47,718 | +327.7% |
| Distributable reserves | 133 | €14,563 | €62,281 | +€47,718 | +327.7% |
| Amounts payable | 17/49 | €6,320 | €66,409 | +€60,089 | +950.7% |
| Amounts payable within one year | 42/48 | €6,320 | €66,409 | +€60,089 | +950.7% |
| Trade debts | 44 | €330 | €726 | +€396 | +119.9% |
| Suppliers | 440/4 | €330 | €726 | +€396 | +119.9% |
| Taxes, remuneration and social security | 45 | €5,496 | €4,832 | -€664 | -12.1% |
| Taxes | 450/3 | €5,496 | €4,832 | -€664 | -12.1% |
| Other amounts payable | 47/48 | €494 | €60,852 | +€60,358 | +12214.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €240 | €700 | +€460 | +192.0% |
| Other operating charges | 640/8 | €397 | €358 | -€39 | -9.9% |
| Gross operating margin | 9900 | €19,064 | €61,567 | +€42,504 | +223.0% |
| Operating profit (loss) | 9901 | €18,427 | €60,509 | +€42,083 | +228.4% |
| Financial charges | 65/66B | €15 | €96 | +€82 | +559.7% |
| Recurring financial charges | 65 | €15 | €96 | +€82 | +559.7% |
| Profit (loss) for the period before taxes | 9903 | €18,412 | €60,413 | +€42,001 | +228.1% |
| Income taxes | 67/77 | €3,849 | €12,695 | +€8,846 | +229.8% |
| Profit (loss) for the period | 9904 | €14,563 | €47,718 | +€33,155 | +227.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,563 | €47,718 | +€33,155 | +227.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.