ELEM Consult: 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.
ELEM Consult
Largest movements
- Cash +€35,747
up €35,747 (+13.0%), from €274,192 to €309,939
mainly Net result for the year (+€189,116) and Other debts (+€107,185)
- Deferred charges and accrued income -€3,961
down €3,961 (-73.8%), from €5,367 to €1,406
- Tangible fixed assets -€3,611
down €3,611 (-38.1%), from €9,485 to €5,875
of which Furniture and vehicles: -€3,007
- Other debts +€107,185
up €107,185 (+77.7%), from €137,970 to €245,156
- Reserves -€82,359
down €82,359 (-85.4%), from €96,475 to €14,116
- Tax, wage and social debts +€7,267
up €7,267 (+17.9%), from €40,618 to €47,885
of which Taxes: +€4,405
- Accrued charges and deferred income -€4,116
down €4,116 (-74.2%), from €5,551 to €1,434
- Gross operating margin +€29,997
up €29,997 (+13.3%), from €225,222 to €255,219
- Taxes +€9,123
up €9,123 (+18.5%), from €49,234 to €58,356
- Financial charges -€6,467
down €6,467 (-67.5%), from €9,574 to €3,107
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 | €289,045 | €319,763 | +€30,719 | +10.6% |
| Fixed assets | 21/28 | €9,485 | €5,875 | -€3,611 | -38.1% |
| Tangible fixed assets | 22/27 | €9,485 | €5,875 | -€3,611 | -38.1% |
| Plant, machinery and equipment | 23 | €2,413 | €1,810 | -€604 | -25.0% |
| Furniture and vehicles | 24 | €7,072 | €4,065 | -€3,007 | -42.5% |
| Current assets | 29/58 | €279,560 | €313,889 | +€34,329 | +12.3% |
| Amounts receivable within one year | 40/41 | €0 | €2,544 | +€2,544 | |
| Other amounts receivable | 41 | €0 | €2,544 | +€2,544 | |
| Cash at bank and in hand | 54/58 | €274,192 | €309,939 | +€35,747 | +13.0% |
| Deferred charges and accrued income | 490/1 | €5,367 | €1,406 | -€3,961 | -73.8% |
| Total equity and liabilities | 10/49 | €289,045 | €319,763 | +€30,719 | +10.6% |
| Equity | 10/15 | €101,475 | €19,116 | -€82,359 | -81.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €96,475 | €14,116 | -€82,359 | -85.4% |
| Distributable reserves | 133 | €96,475 | €14,116 | -€82,359 | -85.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €187,570 | €300,648 | +€113,078 | +60.3% |
| Amounts payable within one year | 42/48 | €182,020 | €299,213 | +€117,194 | +64.4% |
| Trade debts | 44 | €3,431 | €6,173 | +€2,742 | +79.9% |
| Suppliers | 440/4 | €3,431 | €6,173 | +€2,742 | +79.9% |
| Taxes, remuneration and social security | 45 | €40,618 | €47,885 | +€7,267 | +17.9% |
| Taxes | 450/3 | €40,618 | €45,022 | +€4,405 | +10.8% |
| Remuneration and social security | 454/9 | - | €2,862 | +€2,862 | |
| Other amounts payable | 47/48 | €137,970 | €245,156 | +€107,185 | +77.7% |
| Accrued charges and deferred income | 492/3 | €5,551 | €1,434 | -€4,116 | -74.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,686 | €3,611 | -€75 | -2.0% |
| Other operating charges | 640/8 | €1,458 | €1,030 | -€428 | -29.4% |
| Gross operating margin | 9900 | €225,222 | €255,219 | +€29,997 | +13.3% |
| Operating profit (loss) | 9901 | €220,078 | €250,579 | +€30,501 | +13.9% |
| Financial income | 75/76B | €54 | €1 | -€53 | -98.6% |
| Recurring financial income | 75 | €54 | €1 | -€53 | -98.6% |
| Financial charges | 65/66B | €9,574 | €3,107 | -€6,467 | -67.5% |
| Recurring financial charges | 65 | €9,574 | €3,107 | -€6,467 | -67.5% |
| Profit (loss) for the period before taxes | 9903 | €210,558 | €247,472 | +€36,914 | +17.5% |
| Income taxes | 67/77 | €49,234 | €58,356 | +€9,123 | +18.5% |
| Profit (loss) for the period | 9904 | €161,324 | €189,116 | +€27,792 | +17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €161,324 | €189,116 | +€27,792 | +17.2% |
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 13 October 2026 via checked.be.