e-llis Business Development: 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.
e-llis Business Development
Largest movements
- Cash +€24,608
up €24,608 (+34.7%), from €70,843 to €95,452
mainly Net result for the year (+€34,649) and Tax, wage and social debts (+€6,959)
- Tangible fixed assets +€9,045
up €9,045 (+2,144%), from €422 to €9,467
- Deferred charges and accrued income +€3,423
up €3,423, from €0 to €3,423
- Receivables within one year +€2,164
up €2,164 (+44.7%), from €4,843 to €7,006
of which Other amounts receivable: +€2,845
- Reserves +€34,649
up €34,649 (+53.3%), from €64,967 to €99,616
- Tax, wage and social debts +€6,959
up €6,959 (+105%), from €6,646 to €13,605
of which Taxes: +€8,274
- Other debts -€3,721
down €3,721 (-3.6%), from €103,481 to €99,760
- Gross operating margin +€4,590
up €4,590 (+8.8%), from €51,902 to €56,492
- Depreciation +€4,317
up €4,317 (+1,090%), from €396 to €4,713
- Taxes +€1,349
up €1,349 (+8.8%), from €15,416 to €16,766
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 | €176,108 | €215,348 | +€39,240 | +22.3% |
| Fixed assets | 21/28 | €100,422 | €109,467 | +€9,045 | +9.0% |
| Tangible fixed assets | 22/27 | €422 | €9,467 | +€9,045 | +2,144% |
| Furniture and vehicles | 24 | €422 | €9,467 | +€9,045 | +2,144% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €75,686 | €105,881 | +€30,195 | +39.9% |
| Amounts receivable within one year | 40/41 | €4,843 | €7,006 | +€2,164 | +44.7% |
| Trade receivables | 40 | €681 | €0 | -€681 | -100% |
| Other amounts receivable | 41 | €4,162 | €7,006 | +€2,845 | +68.4% |
| Cash at bank and in hand | 54/58 | €70,843 | €95,452 | +€24,608 | +34.7% |
| Deferred charges and accrued income | 490/1 | €0 | €3,423 | +€3,423 | |
| Total equity and liabilities | 10/49 | €176,108 | €215,348 | +€39,240 | +22.3% |
| Equity | 10/15 | €65,967 | €100,616 | +€34,649 | +52.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €64,967 | €99,616 | +€34,649 | +53.3% |
| Distributable reserves | 133 | €64,967 | €99,616 | +€34,649 | +53.3% |
| Amounts payable | 17/49 | €110,141 | €114,732 | +€4,591 | +4.2% |
| Amounts payable within one year | 42/48 | €110,141 | €114,732 | +€4,591 | +4.2% |
| Financial debts | 43 | €14 | €1,266 | +€1,252 | +8,694% |
| Credit institutions | 430/8 | €14 | €1,266 | +€1,252 | +8,694% |
| Trade debts | 44 | €0 | €101 | +€101 | |
| Suppliers | 440/4 | €0 | €101 | +€101 | |
| Taxes, remuneration and social security | 45 | €6,646 | €13,605 | +€6,959 | +105% |
| Taxes | 450/3 | €1,904 | €10,178 | +€8,274 | +435% |
| Remuneration and social security | 454/9 | €4,742 | €3,427 | -€1,315 | -27.7% |
| Other amounts payable | 47/48 | €103,481 | €99,760 | -€3,721 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €396 | €4,713 | +€4,317 | +1,090% |
| Other operating charges | 640/8 | €449 | €549 | +€100 | +22.3% |
| Gross operating margin | 9900 | €51,902 | €56,492 | +€4,590 | +8.8% |
| Operating profit (loss) | 9901 | €51,057 | €51,230 | +€173 | +0.3% |
| Financial income | 75/76B | €42 | €241 | +€199 | +476% |
| Recurring financial income | 75 | €42 | €241 | +€199 | +476% |
| Financial charges | 65/66B | €224 | €55 | -€169 | -75.3% |
| Recurring financial charges | 65 | €224 | €55 | -€169 | -75.3% |
| Profit (loss) for the period before taxes | 9903 | €50,874 | €51,415 | +€541 | +1.1% |
| Income taxes | 67/77 | €15,416 | €16,766 | +€1,349 | +8.8% |
| Profit (loss) for the period | 9904 | €35,458 | €34,649 | -€808 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,458 | €34,649 | -€808 | -2.3% |
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.