Ely: 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.
Ely
Largest movements
- Cash -€45,938
down €45,938 (-73.0%), from €62,932 to €16,993
mainly Contributions, distributions and other (-€48,900) and Current portion of long-term debt (-€13,453)
- Tangible fixed assets -€11,335
down €11,335 (-46.2%), from €24,554 to €13,219
of which Land and buildings: -€10,436
- Receivables within one year +€4,451
up €4,451 (+56.4%), from €7,896 to €12,347
of which Trade receivables: +€6,971
- Reserves -€27,900
down €27,900 (-39.5%), from €70,625 to €42,725
of which Distributable reserves: -€27,900
- Current portion of long-term debt -€13,453
down €13,453 (-91.6%), from €14,690 to €1,237
- Tax, wage and social debts -€6,761
down €6,761 (-38.3%), from €17,667 to €10,907
of which Remuneration and social security: -€7,517
- Trade debts -€3,510
down €3,510 (-21.4%), from €16,381 to €12,871
- Debts after one year -€1,237
down €1,237 (-100%), from €1,237 to €0
- Gross operating margin +€34,226
up €34,226 (+21.7%), from €157,858 to €192,084
- Staff costs +€17,368
up €17,368 (+12.8%), from €135,200 to €152,568
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 | €123,242 | €70,208 | -€53,033 | -43.0% |
| Fixed assets | 21/28 | €28,516 | €17,182 | -€11,335 | -39.7% |
| Tangible fixed assets | 22/27 | €24,554 | €13,219 | -€11,335 | -46.2% |
| Land and buildings | 22 | €12,748 | €2,312 | -€10,436 | -81.9% |
| Plant, machinery and equipment | 23 | €10,533 | €8,277 | -€2,255 | -21.4% |
| Furniture and vehicles | 24 | €1,273 | €2,630 | +€1,357 | +107% |
| Financial fixed assets | 28 | €3,962 | €3,962 | = | 0.0% |
| Current assets | 29/58 | €94,725 | €53,026 | -€41,699 | -44.0% |
| Stocks and contracts in progress | 3 | €22,424 | €22,716 | +€292 | +1.3% |
| Stocks | 30/36 | €22,424 | €22,716 | +€292 | +1.3% |
| Amounts receivable within one year | 40/41 | €7,896 | €12,347 | +€4,451 | +56.4% |
| Trade receivables | 40 | €3,225 | €10,196 | +€6,971 | +216% |
| Other amounts receivable | 41 | €4,671 | €2,151 | -€2,520 | -53.9% |
| Cash at bank and in hand | 54/58 | €62,932 | €16,993 | -€45,938 | -73.0% |
| Deferred charges and accrued income | 490/1 | €1,474 | €970 | -€504 | -34.2% |
| Total equity and liabilities | 10/49 | €123,242 | €70,208 | -€53,033 | -43.0% |
| Equity | 10/15 | €72,930 | €45,193 | -€27,737 | -38.0% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €70,625 | €42,725 | -€27,900 | -39.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €85 | €85 | = | 0.0% |
| Distributable reserves | 133 | €68,680 | €40,780 | -€27,900 | -40.6% |
| Profit (loss) carried forward | 14 | €2,306 | €2,468 | +€163 | +7.1% |
| Amounts payable | 17/49 | €50,311 | €25,015 | -€25,296 | -50.3% |
| Amounts payable after more than one year | 17 | €1,237 | €0 | -€1,237 | -100% |
| Financial debts | 170/4 | €1,237 | €0 | -€1,237 | -100% |
| Amounts payable within one year | 42/48 | €49,074 | €25,015 | -€24,059 | -49.0% |
| Current portion of amounts payable after more than one year | 42 | €14,690 | €1,237 | -€13,453 | -91.6% |
| Trade debts | 44 | €16,381 | €12,871 | -€3,510 | -21.4% |
| Suppliers | 440/4 | €16,381 | €12,871 | -€3,510 | -21.4% |
| Taxes, remuneration and social security | 45 | €17,667 | €10,907 | -€6,761 | -38.3% |
| Taxes | 450/3 | €2,903 | €3,660 | +€757 | +26.1% |
| Remuneration and social security | 454/9 | €14,764 | €7,247 | -€7,517 | -50.9% |
| Other amounts payable | 47/48 | €335 | €0 | -€335 | -100% |
| Non-recurring operating income | 76A | - | €3,066 | +€3,066 | |
| Remuneration, social security and pensions | 62 | €135,200 | €152,568 | +€17,368 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,669 | €15,460 | -€210 | -1.3% |
| Other operating charges | 640/8 | €945 | €1,136 | +€191 | +20.2% |
| Gross operating margin | 9900 | €157,858 | €192,084 | +€34,226 | +21.7% |
| Operating profit (loss) | 9901 | €6,043 | €22,920 | +€16,877 | +279% |
| Financial income | 75/76B | €1,132 | €806 | -€325 | -28.7% |
| Recurring financial income | 75 | €1,132 | €806 | -€325 | -28.7% |
| Financial charges | 65/66B | €3,204 | €1,888 | -€1,316 | -41.1% |
| Recurring financial charges | 65 | €3,204 | €1,888 | -€1,316 | -41.1% |
| Profit (loss) for the period before taxes | 9903 | €3,971 | €21,839 | +€17,868 | +450% |
| Income taxes | 67/77 | €661 | €676 | +€15 | +2.3% |
| Profit (loss) for the period | 9904 | €3,310 | €21,163 | +€17,853 | +539% |
| Transfer from tax-exempt reserves | 789 | €15,000 | €0 | -€15,000 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €18,310 | €21,163 | +€2,853 | +15.6% |
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 14 October 2026 via checked.be.