Elle is more: 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.
Elle is more
Largest movements
- Cash +€46,029
up €46,029 (+4,438%), from €1,037 to €47,066
mainly Net result for the year (+€63,329) and Tax, wage and social debts (+€25,027)
- Receivables within one year +€20,264
up €20,264 (+3,628%), from €559 to €20,822
of which Trade receivables: +€20,323
- Tangible fixed assets +€10,994
new in 2025: €10,994
of which Land and buildings: +€6,677
- Current investments +€5,904
new in 2025: €5,904
- Deferred charges and accrued income -€1,152
down €1,152 (-70.1%), from €1,644 to €492
- Reserves +€56,956
new in 2025: €56,956
- Tax, wage and social debts +€25,027
up €25,027 (+422,753%), from €6 to €25,033
of which Taxes: +€23,027
- Profit (loss) carried forward +€6,373
no longer reported in 2025 (was -€6,373)
- Trade debts -€3,380
down €3,380 (-92.1%), from €3,669 to €289
- Other debts -€2,938
no longer reported in 2025 (was €2,938)
- Gross operating margin +€86,384
up €86,384, from -€6,367 to €80,017
- Taxes +€14,965
up €14,965 (+252,786%), from €6 to €14,971
- Depreciation +€925
new in 2025: €925
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 | €3,240 | €85,278 | +€82,038 | +2,532% |
| Fixed assets | 21/28 | - | €10,994 | +€10,994 | |
| Tangible fixed assets | 22/27 | - | €10,994 | +€10,994 | |
| Land and buildings | 22 | - | €6,677 | +€6,677 | |
| Furniture and vehicles | 24 | - | €4,317 | +€4,317 | |
| Current assets | 29/58 | €3,240 | €74,284 | +€71,044 | +2,193% |
| Amounts receivable within one year | 40/41 | €559 | €20,822 | +€20,264 | +3,628% |
| Trade receivables | 40 | - | €20,323 | +€20,323 | |
| Other amounts receivable | 41 | €559 | €499 | -€60 | -10.7% |
| Current investments | 50/53 | - | €5,904 | +€5,904 | |
| Cash at bank and in hand | 54/58 | €1,037 | €47,066 | +€46,029 | +4,438% |
| Deferred charges and accrued income | 490/1 | €1,644 | €492 | -€1,152 | -70.1% |
| Total equity and liabilities | 10/49 | €3,240 | €85,278 | +€82,038 | +2,532% |
| Equity | 10/15 | -€3,373 | €59,956 | +€63,329 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €56,956 | +€56,956 | |
| Distributable reserves | 133 | - | €56,956 | +€56,956 | |
| Profit (loss) carried forward | 14 | -€6,373 | - | +€6,373 | |
| Amounts payable | 17/49 | €6,613 | €25,322 | +€18,709 | +283% |
| Amounts payable within one year | 42/48 | €6,613 | €25,322 | +€18,709 | +283% |
| Trade debts | 44 | €3,669 | €289 | -€3,380 | -92.1% |
| Suppliers | 440/4 | €3,669 | €289 | -€3,380 | -92.1% |
| Taxes, remuneration and social security | 45 | €6 | €25,033 | +€25,027 | +422,753% |
| Taxes | 450/3 | €6 | €23,033 | +€23,027 | +388,969% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €2,938 | - | -€2,938 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €925 | +€925 | |
| Other operating charges | 640/8 | - | €237 | +€237 | |
| Gross operating margin | 9900 | -€6,367 | €80,017 | +€86,384 | |
| Operating profit (loss) | 9901 | -€6,367 | €78,855 | +€85,222 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €556 | +€556 | |
| Recurring financial charges | 65 | - | €556 | +€556 | |
| Profit (loss) for the period before taxes | 9903 | -€6,367 | €78,300 | +€84,667 | |
| Income taxes | 67/77 | €6 | €14,971 | +€14,965 | +252,786% |
| Profit (loss) for the period | 9904 | -€6,373 | €63,329 | +€69,703 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,373 | €63,329 | +€69,703 |
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 29 October 2026 via checked.be.