ELLEM SERVICES & CONSEILS: 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.
ELLEM SERVICES & CONSEILS
Largest movements
- Receivables within one year +€17,671
up €17,671 (+78.8%), from €22,425 to €40,096
of which Trade receivables: +€9,500
- Cash -€13,472
down €13,472 (-45.6%), from €29,545 to €16,074
mainly Receivables within one year (-€17,671) and Other debts (-€9,277)
- Tangible fixed assets -€9,886
down €9,886 (-26.7%), from €37,097 to €27,210
of which Other tangible fixed assets: -€5,891
- Stocks and contracts +€2,515
up €2,515 (+17.6%), from €14,328 to €16,843
- Profit (loss) carried forward +€9,688
up €9,688 (+16.7%), from €58,049 to €67,736
- Other debts -€9,277
down €9,277 (-98.0%), from €9,467 to €189
- Trade debts -€7,482
no longer reported in 2025 (was €7,482)
- Tax, wage and social debts +€6,072
up €6,072 (+50.0%), from €12,134 to €18,206
of which Taxes: +€6,341
- Current portion of long-term debt -€2,171
no longer reported in 2025 (was €2,171)
- Gross operating margin -€19,480
down €19,480 (-17.0%), from €114,477 to €94,997
- Taxes -€5,875
down €5,875 (-68.6%), from €8,565 to €2,690
- Staff costs +€3,203
up €3,203 (+4.9%), from €65,466 to €68,669
- Depreciation -€1,594
down €1,594 (-13.9%), from €11,480 to €9,886
- Other operating charges -€1,570
down €1,570 (-54.5%), from €2,880 to €1,310
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 | €108,485 | €105,313 | -€3,172 | -2.9% |
| Fixed assets | 21/28 | €42,187 | €32,300 | -€9,886 | -23.4% |
| Tangible fixed assets | 22/27 | €37,097 | €27,210 | -€9,886 | -26.7% |
| Plant, machinery and equipment | 23 | €9,687 | €7,019 | -€2,668 | -27.5% |
| Furniture and vehicles | 24 | €5,198 | €3,871 | -€1,327 | -25.5% |
| Other tangible fixed assets | 26 | €22,211 | €16,320 | -€5,891 | -26.5% |
| Financial fixed assets | 28 | €5,090 | €5,090 | = | 0.0% |
| Current assets | 29/58 | €66,298 | €73,013 | +€6,715 | +10.1% |
| Stocks and contracts in progress | 3 | €14,328 | €16,843 | +€2,515 | +17.6% |
| Stocks | 30/36 | €14,328 | €16,843 | +€2,515 | +17.6% |
| Amounts receivable within one year | 40/41 | €22,425 | €40,096 | +€17,671 | +78.8% |
| Trade receivables | 40 | €4,278 | €13,778 | +€9,500 | +222% |
| Other amounts receivable | 41 | €18,147 | €26,318 | +€8,171 | +45.0% |
| Cash at bank and in hand | 54/58 | €29,545 | €16,074 | -€13,472 | -45.6% |
| Total equity and liabilities | 10/49 | €108,485 | €105,313 | -€3,172 | -2.9% |
| Equity | 10/15 | €77,231 | €86,918 | +€9,688 | +12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €582 | €582 | = | 0.0% |
| Distributable reserves | 133 | €582 | €582 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,049 | €67,736 | +€9,688 | +16.7% |
| Amounts payable | 17/49 | €31,254 | €18,395 | -€12,859 | -41.1% |
| Amounts payable within one year | 42/48 | €31,254 | €18,395 | -€12,859 | -41.1% |
| Current portion of amounts payable after more than one year | 42 | €2,171 | - | -€2,171 | |
| Trade debts | 44 | €7,482 | - | -€7,482 | |
| Suppliers | 440/4 | €7,482 | - | -€7,482 | |
| Taxes, remuneration and social security | 45 | €12,134 | €18,206 | +€6,072 | +50.0% |
| Taxes | 450/3 | €11,601 | €17,942 | +€6,341 | +54.7% |
| Remuneration and social security | 454/9 | €533 | €264 | -€269 | -50.5% |
| Other amounts payable | 47/48 | €9,467 | €189 | -€9,277 | -98.0% |
| Remuneration, social security and pensions | 62 | €65,466 | €68,669 | +€3,203 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,480 | €9,886 | -€1,594 | -13.9% |
| Other operating charges | 640/8 | €2,880 | €1,310 | -€1,570 | -54.5% |
| Gross operating margin | 9900 | €114,477 | €94,997 | -€19,480 | -17.0% |
| Operating profit (loss) | 9901 | €34,652 | €15,132 | -€19,520 | -56.3% |
| Financial income | 75/76B | €2 | €2 | -€1 | -30.3% |
| Recurring financial income | 75 | €2 | €2 | -€1 | -30.3% |
| Financial charges | 65/66B | €2,780 | €2,756 | -€24 | -0.9% |
| Recurring financial charges | 65 | €2,780 | €2,756 | -€24 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €31,874 | €12,377 | -€19,497 | -61.2% |
| Income taxes | 67/77 | €8,565 | €2,690 | -€5,875 | -68.6% |
| Profit (loss) for the period | 9904 | €23,309 | €9,687 | -€13,622 | -58.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,309 | €9,687 | -€13,622 | -58.4% |
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 28 October 2026 via checked.be.