ELLESIS: 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.
What changed
ELLESIS
NACE 87.101, Residential care activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€951,083
2024 · -€575,637-€375,446
Equity
-€2.4m
2024 · -€1.4m-€951,083
Cash
€110,674
2024 · €203,620-€92,945
Balance sheet total
€4.3m
2024 · €4.1m+€119,800
Largest movements
Assets
- Tangible fixed assets +€784,729
up €784,729 (+1,008%), from €77,839 to €862,567
of which Furniture and vehicles: +€566,307
- Receivables within one year -€503,980
down €503,980 (-55.5%), from €907,666 to €403,687
of which Other amounts receivable: -€449,081
- Cash -€92,945
down €92,945 (-45.6%), from €203,620 to €110,674
mainly Net result for the year (-€951,083) and Investment in fixed assets (net) (-€813,275)
Equity and liabilities
- Profit (loss) carried forward -€951,083
down €951,083 (-66.0%), from -€1.4m to -€2.4m
- Trade debts +€360,817
up €360,817 (+265%), from €136,271 to €497,088
- Tax, wage and social debts +€355,226
up €355,226 (+21.3%), from €1.7m to €2.0m
of which Remuneration and social security: +€230,043
- Debts after one year +€305,009
up €305,009 (+15.2%), from €2.0m to €2.3m
of which Other amounts payable: +€387,436
- Accrued charges and deferred income +€47,009
up €47,009 (+51.8%), from €90,766 to €137,774
Income statement
- Staff costs +€1.1m
up €1.1m (+48.4%), from €2.3m to €3.5m
- Turnover +€428,842
up €428,842 (+17.0%), from €2.5m to €2.9m
- Other operating income +€315,440
up €315,440 (+55.9%), from €564,362 to €879,803
- Provisions -€300,000
no longer reported in 2025 (was €300,000)
- Services and other goods +€225,893
up €225,893 (+40.6%), from €556,665 to €782,558
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.
Result 2024
-€575,637
Turnover
+€428,842
Other operating income
+€315,440
Goods and materials
-€46,124
Services and other goods
-€225,893
Staff costs
-€1.1m
Depreciation
+€50,416
Write-downs
-€22,801
Provisions
+€300,000
Other operating charges
-€60,957
Other operating items
+€11,270
Financial income
-€10,945
Financial charges
+€21,385
Taxes
-€51
Result 2025
-€951,083
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€412,500
Investment
-€813,275
Financing
+€307,831
Cash 2024
€203,620
From operations (derived)
+€412,500
Net result for the year
-€951,083
Depreciation
+€63,321
Stocks and contracts
-€711
Receivables within one year
+€503,980
Deferred charges and accrued income
+€33,940
Trade debts
+€360,817
Tax, wage and social debts
+€355,226
Accrued charges and deferred income
+€47,009
Investment (derived)
-€813,275
Investment in fixed assets (net)
-€813,275
Financing
+€307,831
Debts after one year
+€305,009
Current portion of long-term debt
+€2,821
Cash 2025
€110,674
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,148,227 | €4,268,027 | +€119,800 | +2.9% |
| Fixed assets | 21/28 | €2,983,759 | €3,733,713 | +€749,954 | +25.1% |
| Intangible fixed assets | 21 | €110,007 | €75,233 | -€34,774 | -31.6% |
| Tangible fixed assets | 22/27 | €77,839 | €862,567 | +€784,729 | +1,008% |
| Plant, machinery and equipment | 23 | €70,077 | €264,549 | +€194,472 | +278% |
| Furniture and vehicles | 24 | €597 | €566,904 | +€566,307 | +94,841% |
| Other tangible fixed assets | 26 | €7,165 | €31,114 | +€23,950 | +334% |
| Financial fixed assets | 28 | €2,795,913 | €2,795,913 | = | 0.0% |
| Affiliated companies | 280/1 | €2,795,913 | €2,795,913 | = | 0.0% |
| Participating interests | 280 | €2,795,913 | €2,795,913 | = | 0.0% |
| Current assets | 29/58 | €1,164,468 | €534,314 | -€630,154 | -54.1% |
| Stocks and contracts in progress | 3 | €1,421 | €2,132 | +€711 | +50.0% |
| Stocks | 30/36 | €1,421 | €2,132 | +€711 | +50.0% |
| Goods purchased for resale | 34 | €1,421 | €2,132 | +€711 | +50.0% |
| Amounts receivable within one year | 40/41 | €907,666 | €403,687 | -€503,980 | -55.5% |
| Trade receivables | 40 | €312,817 | €257,918 | -€54,899 | -17.5% |
| Other amounts receivable | 41 | €594,849 | €145,769 | -€449,081 | -75.5% |
| Cash at bank and in hand | 54/58 | €203,620 | €110,674 | -€92,945 | -45.6% |
| Deferred charges and accrued income | 490/1 | €51,761 | €17,821 | -€33,940 | -65.6% |
| Total equity and liabilities | 10/49 | €4,148,227 | €4,268,027 | +€119,800 | +2.9% |
| Equity | 10/15 | -€1,423,317 | -€2,374,400 | -€951,083 | -66.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€1,441,917 | -€2,393,000 | -€951,083 | -66.0% |
| Provisions and deferred taxes | 16 | €300,000 | €300,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €300,000 | €300,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable | 17/49 | €5,271,544 | €6,342,427 | +€1.1m | +20.3% |
| Amounts payable after more than one year | 17 | €2,006,352 | €2,311,362 | +€305,009 | +15.2% |
| Financial debts | 170/4 | €2,006,352 | €1,923,926 | -€82,427 | -4.1% |
| Credit institutions | 173 | €973,024 | €796,562 | -€176,462 | -18.1% |
| Other loans | 174 | €1,033,328 | €1,127,364 | +€94,036 | +9.1% |
| Other amounts payable | 178/9 | - | €387,436 | +€387,436 | |
| Amounts payable within one year | 42/48 | €3,174,426 | €3,893,290 | +€718,865 | +22.6% |
| Current portion of amounts payable after more than one year | 42 | €173,641 | €176,462 | +€2,821 | +1.6% |
| Financial debts | 43 | €1,200,000 | €1,200,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,200,000 | €1,200,000 | = | 0.0% |
| Trade debts | 44 | €136,271 | €497,088 | +€360,817 | +265% |
| Suppliers | 440/4 | €136,271 | €497,088 | +€360,817 | +265% |
| Taxes, remuneration and social security | 45 | €1,664,514 | €2,019,740 | +€355,226 | +21.3% |
| Taxes | 450/3 | €401,277 | €526,460 | +€125,183 | +31.2% |
| Remuneration and social security | 454/9 | €1,263,237 | €1,493,280 | +€230,043 | +18.2% |
| Accrued charges and deferred income | 492/3 | €90,766 | €137,774 | +€47,009 | +51.8% |
| Operating income | 70/76A | €3,093,062 | €3,865,029 | +€771,967 | +25.0% |
| Turnover | 70 | €2,515,874 | €2,944,716 | +€428,842 | +17.0% |
| Other operating income | 74 | €564,362 | €879,803 | +€315,440 | +55.9% |
| Non-recurring operating income | 76A | €12,825 | €40,509 | +€27,684 | +216% |
| Operating charges | 60/66A | €3,530,881 | €4,688,684 | +€1.2m | +32.8% |
| Goods for resale, raw materials and consumables | 60 | €200,278 | €246,402 | +€46,124 | +23.0% |
| Purchases | 600/8 | €201,435 | €247,113 | +€45,678 | +22.7% |
| Change in stocks: decrease (increase) | 609 | -€1,157 | -€711 | +€446 | +38.6% |
| Services and other goods | 61 | €556,665 | €782,558 | +€225,893 | +40.6% |
| Remuneration, social security and pensions | 62 | €2,345,408 | €3,481,437 | +€1.1m | +48.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,738 | €63,321 | -€50,416 | -44.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€22,801 | - | +€22,801 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €300,000 | - | -€300,000 | |
| Other operating charges | 640/8 | €37,594 | €98,552 | +€60,957 | +162% |
| Non-recurring operating charges | 66A | - | €16,414 | +€16,414 | |
| Operating profit (loss) | 9901 | -€437,820 | -€823,655 | -€385,836 | -88.1% |
| Financial income | 75/76B | €13,601 | €2,657 | -€10,945 | -80.5% |
| Recurring financial income | 75 | €13,601 | €2,657 | -€10,945 | -80.5% |
| Income from financial fixed assets | 750 | €13,447 | €2,656 | -€10,791 | -80.2% |
| Other financial income | 752/9 | €154 | €0 | -€154 | -99.7% |
| Financial charges | 65/66B | €151,128 | €129,743 | -€21,385 | -14.2% |
| Recurring financial charges | 65 | €151,128 | €129,743 | -€21,385 | -14.2% |
| Debt charges | 650 | €150,122 | €127,744 | -€22,378 | -14.9% |
| Other financial charges | 652/9 | €1,006 | €1,999 | +€993 | +98.7% |
| Profit (loss) for the period before taxes | 9903 | -€575,347 | -€950,742 | -€375,395 | -65.2% |
| Income taxes | 67/77 | €291 | €341 | +€51 | +17.4% |
| Taxes | 670/3 | €291 | €341 | +€51 | +17.4% |
| Profit (loss) for the period | 9904 | -€575,637 | -€951,083 | -€375,446 | -65.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€575,637 | -€951,083 | -€375,446 | -65.2% |
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 19 October 2026 via checked.be.