ELLENNOMIE: 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.
ELLENNOMIE
Largest movements
- Cash +€32,795
up €32,795 (+18.6%), from €176,544 to €209,339
mainly Net result for the year (+€21,769) and Tax, wage and social debts (+€5,857)
- Receivables within one year -€4,661
down €4,661 (-10.5%), from €44,233 to €39,573
of which Trade receivables: -€14,087
- Profit (loss) carried forward +€21,769
up €21,769 (+12.5%), from €174,518 to €196,287
- Tax, wage and social debts +€5,857
up €5,857 (+19.7%), from €29,656 to €35,512
of which Remuneration and social security: +€3,031
- Trade debts +€3,864
up €3,864 (+13.1%), from €29,600 to €33,464
- Gross operating margin -€53,139
down €53,139 (-16.8%), from €317,065 to €263,926
- Staff costs -€33,805
down €33,805 (-12.4%), from €272,223 to €238,418
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 | €247,834 | €280,647 | +€32,813 | +13.2% |
| Fixed assets | 21/28 | €9,452 | €10,661 | +€1,209 | +12.8% |
| Tangible fixed assets | 22/27 | €9,452 | €10,661 | +€1,209 | +12.8% |
| Plant, machinery and equipment | 23 | €8,704 | €9,918 | +€1,213 | +13.9% |
| Furniture and vehicles | 24 | €748 | €743 | -€4 | -0.6% |
| Current assets | 29/58 | €238,382 | €269,987 | +€31,605 | +13.3% |
| Stocks and contracts in progress | 3 | €13,875 | €16,473 | +€2,598 | +18.7% |
| Stocks | 30/36 | €13,875 | €16,473 | +€2,598 | +18.7% |
| Amounts receivable within one year | 40/41 | €44,233 | €39,573 | -€4,661 | -10.5% |
| Trade receivables | 40 | €38,021 | €23,934 | -€14,087 | -37.1% |
| Other amounts receivable | 41 | €6,212 | €15,639 | +€9,426 | +152% |
| Cash at bank and in hand | 54/58 | €176,544 | €209,339 | +€32,795 | +18.6% |
| Deferred charges and accrued income | 490/1 | €3,729 | €4,602 | +€872 | +23.4% |
| Total equity and liabilities | 10/49 | €247,834 | €280,647 | +€32,813 | +13.2% |
| Equity | 10/15 | €182,584 | €204,353 | +€21,769 | +11.9% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,518 | €196,287 | +€21,769 | +12.5% |
| Amounts payable | 17/49 | €65,251 | €76,295 | +€11,044 | +16.9% |
| Amounts payable within one year | 42/48 | €65,251 | €76,295 | +€11,044 | +16.9% |
| Trade debts | 44 | €29,600 | €33,464 | +€3,864 | +13.1% |
| Suppliers | 440/4 | €29,600 | €33,464 | +€3,864 | +13.1% |
| Taxes, remuneration and social security | 45 | €29,656 | €35,512 | +€5,857 | +19.7% |
| Taxes | 450/3 | €1,443 | €4,269 | +€2,825 | +196% |
| Remuneration and social security | 454/9 | €28,213 | €31,244 | +€3,031 | +10.7% |
| Other amounts payable | 47/48 | €5,995 | €7,318 | +€1,323 | +22.1% |
| Remuneration, social security and pensions | 62 | €272,223 | €238,418 | -€33,805 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,033 | €2,898 | -€136 | -4.5% |
| Other operating charges | 640/8 | €1,863 | €2,214 | +€352 | +18.9% |
| Gross operating margin | 9900 | €317,065 | €263,926 | -€53,139 | -16.8% |
| Operating profit (loss) | 9901 | €39,946 | €20,396 | -€19,550 | -48.9% |
| Financial income | 75/76B | €12 | €2,717 | +€2,705 | +22,468% |
| Recurring financial income | 75 | €12 | €2,717 | +€2,705 | +22,468% |
| Financial charges | 65/66B | €1,483 | €1,344 | -€139 | -9.4% |
| Recurring financial charges | 65 | €1,483 | €1,344 | -€139 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €38,475 | €21,769 | -€16,706 | -43.4% |
| Profit (loss) for the period | 9904 | €38,475 | €21,769 | -€16,706 | -43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,475 | €21,769 | -€16,706 | -43.4% |
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 20 October 2026 via checked.be.