ELLIE'S: 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.
ELLIE'S
Largest movements
- Tangible fixed assets -€16,468
down €16,468 (-2.3%), from €709,767 to €693,299
of which Land and buildings: -€15,879
- Other debts +€73,728
up €73,728 (+49.2%), from €149,914 to €223,642
- Debts after one year -€65,000
down €65,000 (-12.2%), from €533,986 to €468,986
- Profit (loss) carried forward -€42,727
down €42,727 (-742%), from -€5,755 to -€48,482
- Trade debts +€14,520
up €14,520 (+292%), from €4,974 to €19,494
- Gross operating margin -€48,684
down €48,684, from €33,593 to -€15,091
- Financial charges -€7,536
down €7,536 (-40.3%), from €18,704 to €11,168
- Other operating charges -€6,097
down €6,097 (-100%), from €6,097 to €0
- Depreciation +€4,610
up €4,610 (+38.9%), from €11,858 to €16,468
- Staff costs -€2,703
down €2,703 (-100%), from €2,703 to €0
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 | €714,756 | €697,087 | -€17,669 | -2.5% |
| Fixed assets | 21/28 | €709,767 | €693,299 | -€16,468 | -2.3% |
| Tangible fixed assets | 22/27 | €709,767 | €693,299 | -€16,468 | -2.3% |
| Land and buildings | 22 | €707,546 | €691,668 | -€15,879 | -2.2% |
| Plant, machinery and equipment | 23 | €2,221 | €1,632 | -€589 | -26.5% |
| Current assets | 29/58 | €4,989 | €3,788 | -€1,201 | -24.1% |
| Amounts receivable within one year | 40/41 | €1,500 | €3,788 | +€2,288 | +153% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,500 | €3,788 | +€2,288 | +153% |
| Cash at bank and in hand | 54/58 | €3,489 | €0 | -€3,489 | -100% |
| Total equity and liabilities | 10/49 | €714,756 | €697,087 | -€17,669 | -2.5% |
| Equity | 10/15 | €958 | -€41,769 | -€42,727 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,713 | €1,713 | = | 0.0% |
| Distributable reserves | 133 | €1,713 | €1,713 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,755 | -€48,482 | -€42,727 | -742% |
| Amounts payable | 17/49 | €713,798 | €738,856 | +€25,058 | +3.5% |
| Amounts payable after more than one year | 17 | €533,986 | €468,986 | -€65,000 | -12.2% |
| Financial debts | 170/4 | €533,986 | €468,986 | -€65,000 | -12.2% |
| Amounts payable within one year | 42/48 | €179,813 | €269,870 | +€90,058 | +50.1% |
| Current portion of amounts payable after more than one year | 42 | €21,823 | €25,697 | +€3,873 | +17.7% |
| Trade debts | 44 | €4,974 | €19,494 | +€14,520 | +292% |
| Suppliers | 440/4 | €4,974 | €19,494 | +€14,520 | +292% |
| Taxes, remuneration and social security | 45 | €3,102 | €1,038 | -€2,064 | -66.5% |
| Taxes | 450/3 | €3,102 | €1,038 | -€2,064 | -66.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €149,914 | €223,642 | +€73,728 | +49.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €2,703 | €0 | -€2,703 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,858 | €16,468 | +€4,610 | +38.9% |
| Other operating charges | 640/8 | €6,097 | €0 | -€6,097 | -100% |
| Gross operating margin | 9900 | €33,593 | -€15,091 | -€48,684 | |
| Operating profit (loss) | 9901 | €12,936 | -€31,559 | -€44,495 | |
| Financial income | 75/76B | €13 | €0 | -€13 | -100% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -100% |
| Financial charges | 65/66B | €18,704 | €11,168 | -€7,536 | -40.3% |
| Recurring financial charges | 65 | €18,704 | €11,168 | -€7,536 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,755 | -€42,727 | -€36,972 | -642% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€5,755 | -€42,727 | -€36,972 | -642% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,755 | -€42,727 | -€36,972 | -642% |
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 22 October 2026 via checked.be.