ELLEZÉ: 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.
ELLEZÉ
Largest movements
- Tangible fixed assets +€1.8m
up €1.8m (+118.9%), from €1.5m to €3.3m
of which Land and buildings: +€2.8m
- Current assets -€434,621
down €434,621 (-36.9%), from €1.2m to €742,448
of which Cash: -€451,808
- Financial fixed assets +€379,003
up €379,003 (+385.0%), from €98,440 to €477,443
- Debts +€1.3m
up €1.3m (+237.4%), from €553,321 to €1.9m
of which Debts after one year: +€1.2m
- Equity +€401,586
up €401,586 (+18.2%), from €2.2m to €2.6m
of which Reserves: +€401,586
- Gross operating margin +€359,703
up €359,703 (+39.5%), from €910,569 to €1.3m
- Depreciation +€193,958
up €193,958 (+108.3%), from €179,038 to €372,995
- Financial charges +€68,377
new in 2022: €68,377
- Taxes +€36,172
up €36,172 (+18.2%), from €198,551 to €234,723
- Other operating charges +€32,220
new in 2022: €32,220
From the 2021 result to the 2022 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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,764,717 | €4,479,995 | +€1.7m | +62.0% |
| Fixed assets | 21/28 | €1,587,648 | €3,737,547 | +€2.1m | +135.4% |
| Tangible fixed assets | 22/27 | €1,489,208 | €3,260,105 | +€1.8m | +118.9% |
| Land and buildings | 22 | - | €2,757,603 | +€2.8m | |
| Plant, machinery and equipment | 23 | - | €57,455 | +€57,455 | |
| Furniture and vehicles | 24 | - | €141,388 | +€141,388 | |
| Other tangible fixed assets | 26 | - | €303,659 | +€303,659 | |
| Financial fixed assets | 28 | €98,440 | €477,443 | +€379,003 | +385.0% |
| Current assets | 29/58 | €1,177,069 | €742,448 | -€434,621 | -36.9% |
| Amounts receivable within one year | 40/41 | €86,537 | €151,586 | +€65,049 | +75.2% |
| Trade receivables | 40 | - | €145,131 | +€145,131 | |
| Other amounts receivable | 41 | - | €6,455 | +€6,455 | |
| Cash at bank and in hand | 54/58 | €1,036,635 | €584,827 | -€451,808 | -43.6% |
| Deferred charges and accrued income | 490/1 | - | €6,035 | +€6,035 | |
| Total equity and liabilities | 10/49 | €2,764,717 | €4,479,995 | +€1.7m | +62.0% |
| Equity | 10/15 | €2,211,397 | €2,612,983 | +€401,586 | +18.2% |
| Contributions | 10/11 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €2,198,997 | €2,600,583 | +€401,586 | +18.3% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | - | €777,000 | +€777,000 | |
| Distributable reserves | 133 | - | €1,821,723 | +€1.8m | |
| Amounts payable | 17/49 | €553,321 | €1,867,012 | +€1.3m | +237.4% |
| Amounts payable after more than one year | 17 | €112,100 | €1,292,858 | +€1.2m | +1053.3% |
| Financial debts | 170/4 | - | €1,292,858 | +€1.3m | |
| Amounts payable within one year | 42/48 | €433,556 | €562,679 | +€129,124 | +29.8% |
| Current portion of amounts payable after more than one year | 42 | - | €171,982 | +€171,982 | |
| Trade debts | 44 | €5,194 | €17,057 | +€11,863 | +228.4% |
| Suppliers | 440/4 | - | €17,057 | +€17,057 | |
| Taxes, remuneration and social security | 45 | - | €117,335 | +€117,335 | |
| Taxes | 450/3 | - | €116,932 | +€116,932 | |
| Remuneration and social security | 454/9 | - | €403 | +€403 | |
| Other amounts payable | 47/48 | - | €256,305 | +€256,305 | |
| Accrued charges and deferred income | 492/3 | - | €11,475 | +€11,475 | |
| Remuneration, social security and pensions | 62 | - | €5,690 | +€5,690 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179,038 | €372,995 | +€193,958 | +108.3% |
| Other operating charges | 640/8 | - | €32,220 | +€32,220 | |
| Non-recurring operating charges | 66A | - | €1,874 | +€1,874 | |
| Gross operating margin | 9900 | €910,569 | €1,270,273 | +€359,703 | +39.5% |
| Operating profit (loss) | 9901 | €701,496 | €857,494 | +€155,997 | +22.2% |
| Financial income | 75/76B | - | €3,252 | +€3,252 | |
| Recurring financial income | 75 | €3,274 | €3,252 | -€22 | -0.7% |
| Financial charges | 65/66B | - | €68,377 | +€68,377 | |
| Recurring financial charges | 65 | €58,358 | €68,377 | +€10,018 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €646,412 | €792,369 | +€145,957 | +22.6% |
| Income taxes | 67/77 | €198,551 | €234,723 | +€36,172 | +18.2% |
| Profit (loss) for the period | 9904 | €447,861 | €557,646 | +€109,785 | +24.5% |
| Transfer from tax-exempt reserves | 789 | - | €35,650 | +€35,650 | |
| Transfer to tax-exempt reserves | 689 | - | €210,500 | +€210,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €403,211 | €382,796 | -€20,415 | -5.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2021 and 30 September 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.