ELAM'S IMMO: 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.
ELAM'S IMMO
Largest movements
- Deferred charges and accrued income +€14,452
up €14,452 (+231.7%), from €6,238 to €20,689
- Other debts +€43,741
up €43,741 (+19.8%), from €220,927 to €264,669
- Debts after one year -€40,000
down €40,000 (-33.3%), from €120,000 to €80,000
- Profit (loss) carried forward +€12,559
up €12,559 (+55.4%), from -€22,669 to -€10,110
- Gross operating margin +€31,725
up €31,725 (+291.3%), from €10,892 to €42,617
- Depreciation -€3,828
down €3,828 (-13.2%), from €29,009 to €25,181
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 | €360,259 | €378,478 | +€18,220 | +5.1% |
| Fixed assets | 21/28 | €353,703 | €357,311 | +€3,607 | +1.0% |
| Tangible fixed assets | 22/27 | €353,703 | €357,311 | +€3,607 | +1.0% |
| Land and buildings | 22 | €353,703 | €357,311 | +€3,607 | +1.0% |
| Current assets | 29/58 | €6,555 | €21,168 | +€14,612 | +222.9% |
| Cash at bank and in hand | 54/58 | €317 | €478 | +€161 | +50.6% |
| Deferred charges and accrued income | 490/1 | €6,238 | €20,689 | +€14,452 | +231.7% |
| Total equity and liabilities | 10/49 | €360,259 | €378,478 | +€18,220 | +5.1% |
| Equity | 10/15 | -€22,169 | -€9,610 | +€12,559 | +56.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,669 | -€10,110 | +€12,559 | +55.4% |
| Amounts payable | 17/49 | €382,428 | €388,088 | +€5,661 | +1.5% |
| Amounts payable after more than one year | 17 | €120,000 | €80,000 | -€40,000 | -33.3% |
| Other amounts payable | 178/9 | €120,000 | €80,000 | -€40,000 | -33.3% |
| Amounts payable within one year | 42/48 | €262,428 | €308,088 | +€45,661 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €40,000 | €40,000 | = | 0.0% |
| Trade debts | 44 | €1,500 | €3,420 | +€1,919 | +127.9% |
| Suppliers | 440/4 | €1,500 | €3,420 | +€1,919 | +127.9% |
| Other amounts payable | 47/48 | €220,927 | €264,669 | +€43,741 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,009 | €25,181 | -€3,828 | -13.2% |
| Other operating charges | 640/8 | €2,263 | €2,588 | +€325 | +14.4% |
| Gross operating margin | 9900 | €10,892 | €42,617 | +€31,725 | +291.3% |
| Operating profit (loss) | 9901 | -€20,380 | €14,848 | +€35,228 | |
| Financial charges | 65/66B | €2,289 | €2,289 | +€0 | 0.0% |
| Recurring financial charges | 65 | €2,289 | €2,289 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€22,669 | €12,559 | +€35,228 | |
| Profit (loss) for the period | 9904 | -€22,669 | €12,559 | +€35,228 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,669 | €12,559 | +€35,228 |
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 10 October 2026 via checked.be.