ELLLE: what changed
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
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it 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% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.