Ellen Life: 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.
Ellen Life
Largest movements
- Stocks and contracts +€50,000
up €50,000 (+234%), from €21,373 to €71,373
- Cash +€19,440
up €19,440 (+447%), from €4,350 to €23,790
mainly Other debts (+€81,302) and Depreciation (+€8,698)
- Tangible fixed assets -€8,698
down €8,698 (-25.8%), from €33,703 to €25,005
- Receivables within one year +€6,954
up €6,954 (+59.0%), from €11,780 to €18,734
- Other debts +€81,302
up €81,302 (+1,008%), from €8,068 to €89,370
- Tax, wage and social debts -€6,955
down €6,955 (-29.7%), from €23,409 to €16,454
of which Remuneration and social security: -€6,711
- Debts after one year -€6,775
down €6,775 (-32.9%), from €20,602 to €13,827
- Staff costs +€17,792
up €17,792 (+28.2%), from €63,161 to €80,953
- Gross operating margin +€6,804
up €6,804 (+7.8%), from €87,017 to €93,822
- Taxes -€2,866
down €2,866 (-91.7%), from €3,125 to €259
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 | €71,472 | €138,902 | +€67,430 | +94.3% |
| Fixed assets | 21/28 | €33,703 | €25,005 | -€8,698 | -25.8% |
| Tangible fixed assets | 22/27 | €33,703 | €25,005 | -€8,698 | -25.8% |
| Leasing and similar rights | 25 | €33,703 | €25,005 | -€8,698 | -25.8% |
| Current assets | 29/58 | €37,769 | €113,896 | +€76,127 | +202% |
| Stocks and contracts in progress | 3 | €21,373 | €71,373 | +€50,000 | +234% |
| Stocks | 30/36 | €21,373 | €71,373 | +€50,000 | +234% |
| Amounts receivable within one year | 40/41 | €11,780 | €18,734 | +€6,954 | +59.0% |
| Trade receivables | 40 | €11,780 | €18,734 | +€6,954 | +59.0% |
| Cash at bank and in hand | 54/58 | €4,350 | €23,790 | +€19,440 | +447% |
| Deferred charges and accrued income | 490/1 | €266 | - | -€266 | |
| Total equity and liabilities | 10/49 | €71,472 | €138,902 | +€67,430 | +94.3% |
| Equity | 10/15 | €12,201 | €12,476 | +€274 | +2.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,201 | €10,476 | +€274 | +2.7% |
| Amounts payable | 17/49 | €59,270 | €126,426 | +€67,156 | +113% |
| Amounts payable after more than one year | 17 | €20,602 | €13,827 | -€6,775 | -32.9% |
| Financial debts | 170/4 | €20,602 | €13,827 | -€6,775 | -32.9% |
| Amounts payable within one year | 42/48 | €38,668 | €112,599 | +€73,931 | +191% |
| Current portion of amounts payable after more than one year | 42 | €6,931 | €6,775 | -€156 | -2.3% |
| Trade debts | 44 | €260 | - | -€260 | |
| Suppliers | 440/4 | €260 | - | -€260 | |
| Taxes, remuneration and social security | 45 | €23,409 | €16,454 | -€6,955 | -29.7% |
| Taxes | 450/3 | €13,753 | €13,509 | -€244 | -1.8% |
| Remuneration and social security | 454/9 | €9,656 | €2,945 | -€6,711 | -69.5% |
| Other amounts payable | 47/48 | €8,068 | €89,370 | +€81,302 | +1,008% |
| Remuneration, social security and pensions | 62 | €63,161 | €80,953 | +€17,792 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,698 | €8,698 | = | 0.0% |
| Other operating charges | 640/8 | €961 | €1,351 | +€390 | +40.5% |
| Gross operating margin | 9900 | €87,017 | €93,822 | +€6,804 | +7.8% |
| Operating profit (loss) | 9901 | €14,197 | €2,820 | -€11,377 | -80.1% |
| Financial income | 75/76B | €30 | €33 | +€3 | +8.5% |
| Recurring financial income | 75 | €30 | €33 | +€3 | +8.5% |
| Financial charges | 65/66B | €2,759 | €2,319 | -€440 | -15.9% |
| Recurring financial charges | 65 | €2,759 | €2,319 | -€440 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €11,468 | €533 | -€10,935 | -95.4% |
| Income taxes | 67/77 | €3,125 | €259 | -€2,866 | -91.7% |
| Profit (loss) for the period | 9904 | €8,343 | €274 | -€8,069 | -96.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,343 | €274 | -€8,069 | -96.7% |
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 16 October 2026 via checked.be.