ELEMAT ENGINEERING: 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.
ELEMAT ENGINEERING
Largest movements
- Receivables within one year -€21,628
down €21,628 (-73.9%), from €29,258 to €7,630
of which Trade receivables: -€25,226
- Cash +€17,372
up €17,372 (+75.4%), from €23,030 to €40,402
mainly Receivables within one year (+€21,628) and Depreciation (+€10,083)
- Tangible fixed assets -€8,754
down €8,754 (-34.3%), from €25,548 to €16,794
of which Land and buildings: -€4,846
- Deferred charges and accrued income -€845
down €845 (-64.8%), from €1,305 to €460
- Other debts -€9,474
down €9,474 (-53.5%), from €17,724 to €8,250
- Trade debts -€5,625
down €5,625 (-91.6%), from €6,139 to €514
- Profit (loss) carried forward -€1,805
down €1,805 (-8.6%), from -€20,966 to -€22,771
- Tax, wage and social debts +€1,527
up €1,527 (+19.0%), from €8,045 to €9,571
- Accrued charges and deferred income +€1,522
new in 2025: €1,522
- Gross operating margin -€9,500
down €9,500 (-46.5%), from €20,412 to €10,912
- Staff costs -€4,362
down €4,362 (-96.4%), from €4,524 to €162
- Depreciation -€3,452
down €3,452 (-25.5%), from €13,535 to €10,083
- Other operating charges -€1,240
down €1,240 (-58.3%), from €2,125 to €886
- Financial income +€473
up €473 (+77.3%), from €612 to €1,084
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 | €79,141 | €65,286 | -€13,855 | -17.5% |
| Fixed assets | 21/28 | €25,548 | €16,794 | -€8,754 | -34.3% |
| Tangible fixed assets | 22/27 | €25,548 | €16,794 | -€8,754 | -34.3% |
| Land and buildings | 22 | €18,553 | €13,707 | -€4,846 | -26.1% |
| Plant, machinery and equipment | 23 | €1,771 | €2,008 | +€238 | +13.4% |
| Furniture and vehicles | 24 | €5,224 | €1,079 | -€4,145 | -79.3% |
| Current assets | 29/58 | €53,593 | €48,491 | -€5,101 | -9.5% |
| Amounts receivable within one year | 40/41 | €29,258 | €7,630 | -€21,628 | -73.9% |
| Trade receivables | 40 | €29,121 | €3,894 | -€25,226 | -86.6% |
| Other amounts receivable | 41 | €137 | €3,735 | +€3,598 | +2617.2% |
| Cash at bank and in hand | 54/58 | €23,030 | €40,402 | +€17,372 | +75.4% |
| Deferred charges and accrued income | 490/1 | €1,305 | €460 | -€845 | -64.8% |
| Total equity and liabilities | 10/49 | €79,141 | €65,286 | -€13,855 | -17.5% |
| Equity | 10/15 | €47,234 | €45,429 | -€1,805 | -3.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,966 | -€22,771 | -€1,805 | -8.6% |
| Amounts payable | 17/49 | €31,907 | €19,857 | -€12,051 | -37.8% |
| Amounts payable within one year | 42/48 | €31,907 | €18,335 | -€13,573 | -42.5% |
| Trade debts | 44 | €6,139 | €514 | -€5,625 | -91.6% |
| Suppliers | 440/4 | €6,139 | €514 | -€5,625 | -91.6% |
| Taxes, remuneration and social security | 45 | €8,045 | €9,571 | +€1,527 | +19.0% |
| Taxes | 450/3 | €8,045 | €9,571 | +€1,527 | +19.0% |
| Other amounts payable | 47/48 | €17,724 | €8,250 | -€9,474 | -53.5% |
| Accrued charges and deferred income | 492/3 | - | €1,522 | +€1,522 | |
| Remuneration, social security and pensions | 62 | €4,524 | €162 | -€4,362 | -96.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,535 | €10,083 | -€3,452 | -25.5% |
| Other operating charges | 640/8 | €2,125 | €886 | -€1,240 | -58.3% |
| Gross operating margin | 9900 | €20,412 | €10,912 | -€9,500 | -46.5% |
| Operating profit (loss) | 9901 | €228 | -€219 | -€447 | |
| Financial income | 75/76B | €612 | €1,084 | +€473 | +77.3% |
| Recurring financial income | 75 | €612 | €1,084 | +€473 | +77.3% |
| Financial charges | 65/66B | €71 | €89 | +€18 | +24.6% |
| Recurring financial charges | 65 | €71 | €89 | +€18 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | €768 | €776 | +€8 | +1.1% |
| Income taxes | 67/77 | €2,560 | €2,581 | +€21 | +0.8% |
| Profit (loss) for the period | 9904 | -€1,792 | -€1,805 | -€13 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,792 | -€1,805 | -€13 | -0.7% |
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.