Something Ellis: what changed
Two fiscal 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.
Something Ellis
Largest movements
- Cash +€14,374
up €14,374 (+37.1%), from €38,702 to €53,076
mainly Other debts (+€49,383) and Net result for the year (+€14,419)
- Receivables within one year -€6,192
down €6,192 (-25.4%), from €24,408 to €18,217
of which Trade receivables: -€5,124
- Intangible fixed assets -€6,000
down €6,000 (-28.6%), from €21,000 to €15,000
- Current investments +€5,941
new in 2025: €5,941
- Other debts +€49,383
up €49,383 (+231.0%), from €21,377 to €70,760
- Reserves -€41,617
down €41,617 (-74.3%), from €56,036 to €14,419
- Trade debts -€1,621
down €1,621 (-45.8%), from €3,540 to €1,920
- Tax, wage and social debts +€1,591
up €1,591 (+33.2%), from €4,785 to €6,376
- Short-term financial debts -€1,276
no longer reported in 2025 (was €1,276)
- Depreciation -€4,493
down €4,493 (-28.2%), from €15,917 to €11,424
- Taxes +€1,102
up €1,102 (+35.8%), from €3,074 to €4,176
- Gross operating margin +€443
up €443 (+1.4%), from €32,184 to €32,627
- Financial charges -€396
down €396 (-17.8%), from €2,222 to €1,826
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.
Cash bridge derived
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 | €95,453 | €102,765 | +€7,312 | +7.7% |
| Fixed assets | 21/28 | €29,171 | €22,211 | -€6,960 | -23.9% |
| Intangible fixed assets | 21 | €21,000 | €15,000 | -€6,000 | -28.6% |
| Tangible fixed assets | 22/27 | €8,171 | €7,211 | -€960 | -11.7% |
| Plant, machinery and equipment | 23 | €5,875 | €3,781 | -€2,094 | -35.6% |
| Furniture and vehicles | 24 | €2,297 | €3,430 | +€1,134 | +49.4% |
| Current assets | 29/58 | €66,282 | €80,554 | +€14,272 | +21.5% |
| Amounts receivable after more than one year | 29 | €2,500 | €2,500 | = | 0.0% |
| Other amounts receivable | 291 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,408 | €18,217 | -€6,192 | -25.4% |
| Trade receivables | 40 | €22,483 | €17,359 | -€5,124 | -22.8% |
| Other amounts receivable | 41 | €1,926 | €858 | -€1,068 | -55.5% |
| Current investments | 50/53 | - | €5,941 | +€5,941 | |
| Cash at bank and in hand | 54/58 | €38,702 | €53,076 | +€14,374 | +37.1% |
| Deferred charges and accrued income | 490/1 | €671 | €821 | +€150 | +22.3% |
| Total equity and liabilities | 10/49 | €95,453 | €102,765 | +€7,312 | +7.7% |
| Equity | 10/15 | €61,036 | €19,419 | -€41,617 | -68.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €56,036 | €14,419 | -€41,617 | -74.3% |
| Distributable reserves | 133 | €56,036 | €14,419 | -€41,617 | -74.3% |
| Amounts payable | 17/49 | €34,417 | €83,346 | +€48,929 | +142.2% |
| Amounts payable within one year | 42/48 | €30,979 | €79,055 | +€48,077 | +155.2% |
| Financial debts | 43 | €1,276 | - | -€1,276 | |
| Credit institutions | 430/8 | €1,276 | - | -€1,276 | |
| Trade debts | 44 | €3,540 | €1,920 | -€1,621 | -45.8% |
| Suppliers | 440/4 | €3,540 | €1,920 | -€1,621 | -45.8% |
| Taxes, remuneration and social security | 45 | €4,785 | €6,376 | +€1,591 | +33.2% |
| Taxes | 450/3 | €4,785 | €6,376 | +€1,591 | +33.2% |
| Other amounts payable | 47/48 | €21,377 | €70,760 | +€49,383 | +231.0% |
| Accrued charges and deferred income | 492/3 | €3,438 | €4,291 | +€853 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,917 | €11,424 | -€4,493 | -28.2% |
| Other operating charges | 640/8 | €828 | €894 | +€66 | +7.9% |
| Gross operating margin | 9900 | €32,184 | €32,627 | +€443 | +1.4% |
| Operating profit (loss) | 9901 | €15,439 | €20,310 | +€4,871 | +31.5% |
| Financial income | 75/76B | €0 | €112 | +€112 | +140462.5% |
| Recurring financial income | 75 | €0 | €112 | +€112 | +140462.5% |
| Financial charges | 65/66B | €2,222 | €1,826 | -€396 | -17.8% |
| Recurring financial charges | 65 | €2,222 | €1,826 | -€396 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €13,217 | €18,596 | +€5,379 | +40.7% |
| Income taxes | 67/77 | €3,074 | €4,176 | +€1,102 | +35.8% |
| Profit (loss) for the period | 9904 | €10,142 | €14,419 | +€4,277 | +42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,142 | €14,419 | +€4,277 | +42.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.