ELLNET MULTISERVICES: 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.
ELLNET MULTISERVICES
Largest movements
- Cash +€9,309
up €9,309 (+106%), from €8,761 to €18,071
mainly Net result for the year (+€8,264) and Tax, wage and social debts (+€658)
- Receivables within one year -€450
down €450 (-36.2%), from €1,241 to €791
of which Trade receivables: -€438
- Profit (loss) carried forward +€8,264
up €8,264 (+135%), from €6,131 to €14,395
- Tax, wage and social debts +€658
up €658 (+43.0%), from €1,533 to €2,191
- Gross operating margin +€2,603
up €2,603 (+33.5%), from €7,772 to €10,375
- Taxes +€533
up €533 (+34.8%), from €1,533 to €2,066
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 | €10,342 | €19,272 | +€8,930 | +86.3% |
| Current assets | 29/58 | €10,342 | €19,272 | +€8,930 | +86.3% |
| Amounts receivable within one year | 40/41 | €1,241 | €791 | -€450 | -36.2% |
| Trade receivables | 40 | €1,224 | €786 | -€438 | -35.8% |
| Other amounts receivable | 41 | €17 | €6 | -€11 | -67.2% |
| Cash at bank and in hand | 54/58 | €8,761 | €18,071 | +€9,309 | +106% |
| Deferred charges and accrued income | 490/1 | €340 | €410 | +€70 | +20.7% |
| Total equity and liabilities | 10/49 | €10,342 | €19,272 | +€8,930 | +86.3% |
| Equity | 10/15 | €8,631 | €16,895 | +€8,264 | +95.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,131 | €14,395 | +€8,264 | +135% |
| Amounts payable | 17/49 | €1,711 | €2,377 | +€666 | +38.9% |
| Amounts payable within one year | 42/48 | €1,711 | €2,377 | +€666 | +38.9% |
| Trade debts | 44 | - | €8 | +€8 | |
| Suppliers | 440/4 | - | €8 | +€8 | |
| Taxes, remuneration and social security | 45 | €1,533 | €2,191 | +€658 | +43.0% |
| Taxes | 450/3 | €1,533 | €2,191 | +€658 | +43.0% |
| Other amounts payable | 47/48 | €178 | €178 | = | 0.0% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Gross operating margin | 9900 | €7,772 | €10,375 | +€2,603 | +33.5% |
| Operating profit (loss) | 9901 | €7,722 | €10,375 | +€2,653 | +34.4% |
| Financial charges | 65/66B | €58 | €45 | -€13 | -22.5% |
| Recurring financial charges | 65 | €58 | €45 | -€13 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €7,664 | €10,330 | +€2,666 | +34.8% |
| Income taxes | 67/77 | €1,533 | €2,066 | +€533 | +34.8% |
| Profit (loss) for the period | 9904 | €6,131 | €8,264 | +€2,133 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,131 | €8,264 | +€2,133 | +34.8% |
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 31 October 2026 via checked.be.