ELÉMENT TERRE CHAUDOIR: 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.
ELÉMENT TERRE CHAUDOIR
Largest movements
- Cash +€22,497
up €22,497 (+36.1%), from €62,387 to €84,884
mainly Net result for the year (+€39,020) and Depreciation (+€18,655)
- Receivables within one year +€12,801
up €12,801 (+107%), from €11,918 to €24,719
of which Trade receivables: +€7,395
- Tangible fixed assets -€6,147
down €6,147 (-14.4%), from €42,578 to €36,431
of which Plant, machinery and equipment: -€6,540
- Profit (loss) carried forward +€38,187
up €38,187 (+39.2%), from €97,335 to €135,522
- Other debts -€7,670
down €7,670 (-90.2%), from €8,503 to €833
- Trade debts -€4,521
down €4,521 (-88.5%), from €5,106 to €585
- Tax, wage and social debts +€4,391
up €4,391 (+159%), from €2,763 to €7,154
of which Remuneration and social security: +€2,602
- Accrued charges and deferred income -€2,005
down €2,005 (-100%), from €2,005 to €0
- Gross operating margin -€61,015
down €61,015 (-44.6%), from €136,798 to €75,783
- Taxes -€15,427
down €15,427 (-59.5%), from €25,931 to €10,504
- Depreciation +€8,787
up €8,787 (+89.0%), from €9,869 to €18,655
- Staff costs +€6,567
up €6,567 (+918%), from €716 to €7,283
- Financial charges -€1,933
down €1,933 (-91.3%), from €2,116 to €184
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 | €118,211 | €146,594 | +€28,383 | +24.0% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €42,578 | €36,431 | -€6,147 | -14.4% |
| Tangible fixed assets | 22/27 | €42,578 | €36,431 | -€6,147 | -14.4% |
| Plant, machinery and equipment | 23 | €23,937 | €17,398 | -€6,540 | -27.3% |
| Furniture and vehicles | 24 | €18,641 | €19,034 | +€393 | +2.1% |
| Current assets | 29/58 | €75,633 | €110,163 | +€34,530 | +45.7% |
| Amounts receivable within one year | 40/41 | €11,918 | €24,719 | +€12,801 | +107% |
| Trade receivables | 40 | €8,537 | €15,932 | +€7,395 | +86.6% |
| Other amounts receivable | 41 | €3,381 | €8,787 | +€5,406 | +160% |
| Cash at bank and in hand | 54/58 | €62,387 | €84,884 | +€22,497 | +36.1% |
| Deferred charges and accrued income | 490/1 | €1,328 | €560 | -€768 | -57.8% |
| Total equity and liabilities | 10/49 | €118,211 | €146,594 | +€28,383 | +24.0% |
| Equity | 10/15 | €99,835 | €138,022 | +€38,187 | +38.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,335 | €135,522 | +€38,187 | +39.2% |
| Amounts payable | 17/49 | €18,377 | €8,572 | -€9,804 | -53.4% |
| Amounts payable within one year | 42/48 | €16,372 | €8,572 | -€7,799 | -47.6% |
| Trade debts | 44 | €5,106 | €585 | -€4,521 | -88.5% |
| Suppliers | 440/4 | €5,106 | €585 | -€4,521 | -88.5% |
| Taxes, remuneration and social security | 45 | €2,763 | €7,154 | +€4,391 | +159% |
| Taxes | 450/3 | €2,696 | €4,485 | +€1,789 | +66.4% |
| Remuneration and social security | 454/9 | €67 | €2,669 | +€2,602 | +3,894% |
| Other amounts payable | 47/48 | €8,503 | €833 | -€7,670 | -90.2% |
| Accrued charges and deferred income | 492/3 | €2,005 | €0 | -€2,005 | -100% |
| Remuneration, social security and pensions | 62 | €716 | €7,283 | +€6,567 | +918% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,869 | €18,655 | +€8,787 | +89.0% |
| Other operating charges | 640/8 | - | €214 | +€214 | |
| Gross operating margin | 9900 | €136,798 | €75,783 | -€61,015 | -44.6% |
| Operating profit (loss) | 9901 | €126,214 | €49,631 | -€76,583 | -60.7% |
| Financial income | 75/76B | €0 | €77 | +€76 | +25,460% |
| Recurring financial income | 75 | €0 | €77 | +€76 | +25,460% |
| Financial charges | 65/66B | €2,116 | €184 | -€1,933 | -91.3% |
| Recurring financial charges | 65 | €2,116 | €184 | -€1,933 | -91.3% |
| Profit (loss) for the period before taxes | 9903 | €124,098 | €49,524 | -€74,574 | -60.1% |
| Income taxes | 67/77 | €25,931 | €10,504 | -€15,427 | -59.5% |
| Profit (loss) for the period | 9904 | €98,168 | €39,020 | -€59,147 | -60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €98,168 | €39,020 | -€59,147 | -60.3% |
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 26 October 2026 via checked.be.