ELMAC
Annual accounts 2024
micro format, filed on 30-06-2025, 31 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €110,913 on 31-12-2024in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
110,913 | 126,783 | |
21/28 |
82,270 | 88,216 | |
22/27 |
82,270 | 88,216 | |
23 |
63,973 | 67,426 | |
24 |
1,483 | 1,898 | |
26 |
16,813 | 18,891 | |
29/58 |
28,643 | 38,567 | |
3 |
- | 3,250 | |
30/36 |
- | 3,250 | |
40/41 |
28,638 | 35,016 | |
40 |
26,678 | 28,453 | |
41 |
1,959 | 6,563 | |
54/58 |
6 | 301 | |
| Balance sheet: equity and liabilities | |||
10/49 |
110,913 | 126,783 | |
10/15 |
-197,137 | -107,282 | |
10/11 |
5,000 | 5,000 | |
14 |
-202,137 | -112,282 | |
17/49 |
308,050 | 234,065 | |
42/48 |
308,050 | 234,065 | |
44 |
27,482 | 1,623 | |
440/4 |
27,482 | 1,623 | |
46 |
- | 154 | |
47/48 |
280,569 | 232,288 | |
| Income statement | |||
9900 |
-65,802 | -85,016 | |
62 |
- | 8,573 | |
630 |
22,347 | 17,508 | |
640/8 |
1,441 | 1,065 | |
9901 |
-89,590 | -112,161 | |
75/76B |
884 | 23 | |
75 |
884 | 23 | |
65/66B |
1,149 | 144 | |
65 |
1,149 | 144 | |
9903 |
-89,855 | -112,282 | |
9904 |
-89,855 | -112,282 | |
9905 |
-89,855 | -112,282 | |
| Appropriation of the result | |||
9906 |
-202,137 | -112,282 | |
14P |
-112,282 | - | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 30-06-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| -67,243 | -94,653 | ||
| -67,508 | -94,775 | ||
| 16,401 | 105,723 | ||
| -295 | - | ||
| -279,407 | -195,498 | ||
| -177.7% | -84.6% | ||
| 0.09 | 0.16 | ||
| 0.09 | 0.15 | ||
| -81.0% | -88.6% | ||
| -58.51 | -655.63 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2024 | 2023 |
|---|---|---|
| Tangible fixed assets | €16,401 | €105,723 |
| €22,347 | €17,508 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
Insights on ELMAC
The operating result for 2024 is a loss of €89,590, smaller than the loss of €112,161 in 2023.
Equity is negative. Debt (€308,050) exceeds the balance-sheet total (€110,913).