ELEMOS: 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.
ELEMOS
Largest movements
- Tangible fixed assets -€14,872
down €14,872 (-13.5%), from €110,022 to €95,150
of which Other tangible fixed assets: -€13,127
- Receivables within one year -€1,825
down €1,825 (-3.1%), from €59,336 to €57,511
of which Other amounts receivable: -€2,625
- Debts after one year -€19,129
down €19,129 (-21.5%), from €89,091 to €69,962
- Reserves +€10,007
up €10,007 (+28.1%), from €35,650 to €45,657
of which Distributable reserves: +€10,007
- Tax, wage and social debts -€2,637
down €2,637 (-23.3%), from €11,343 to €8,705
- Current portion of long-term debt -€2,431
down €2,431 (-11.4%), from €21,259 to €18,829
- Gross operating margin +€9,251
up €9,251 (+23.9%), from €38,769 to €48,020
- Taxes +€2,172
up €2,172 (+37.5%), from €5,786 to €7,959
- Purchases and services +€1,781
up €1,781 (+1.7%), from €104,618 to €106,399
- Depreciation +€1,120
up €1,120 (+6.1%), from €18,371 to €19,491
- Other operating charges -€812
down €812 (-30.1%), from €2,698 to €1,886
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 | €172,818 | €157,331 | -€15,487 | -9.0% |
| Fixed assets | 21/28 | €110,022 | €95,150 | -€14,872 | -13.5% |
| Tangible fixed assets | 22/27 | €110,022 | €95,150 | -€14,872 | -13.5% |
| Land and buildings | 22 | €21,684 | €20,061 | -€1,623 | -7.5% |
| Furniture and vehicles | 24 | €2,240 | €2,117 | -€123 | -5.5% |
| Other tangible fixed assets | 26 | €86,099 | €72,972 | -€13,127 | -15.2% |
| Current assets | 29/58 | €62,795 | €62,181 | -€614 | -1.0% |
| Amounts receivable within one year | 40/41 | €59,336 | €57,511 | -€1,825 | -3.1% |
| Trade receivables | 40 | €10,000 | €10,800 | +€800 | +8.0% |
| Other amounts receivable | 41 | €49,336 | €46,711 | -€2,625 | -5.3% |
| Cash at bank and in hand | 54/58 | €3,033 | €3,466 | +€434 | +14.3% |
| Deferred charges and accrued income | 490/1 | €426 | €1,203 | +€777 | +182% |
| Total equity and liabilities | 10/49 | €172,818 | €157,331 | -€15,487 | -9.0% |
| Equity | 10/15 | €48,050 | €58,057 | +€10,007 | +20.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €35,650 | €45,657 | +€10,007 | +28.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €33,790 | €43,797 | +€10,007 | +29.6% |
| Amounts payable | 17/49 | €124,767 | €99,274 | -€25,494 | -20.4% |
| Amounts payable after more than one year | 17 | €89,091 | €69,962 | -€19,129 | -21.5% |
| Financial debts | 170/4 | €89,091 | €69,962 | -€19,129 | -21.5% |
| Amounts payable within one year | 42/48 | €35,676 | €29,311 | -€6,365 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €21,259 | €18,829 | -€2,431 | -11.4% |
| Trade debts | 44 | €3,074 | €1,777 | -€1,297 | -42.2% |
| Suppliers | 440/4 | €3,074 | €1,777 | -€1,297 | -42.2% |
| Taxes, remuneration and social security | 45 | €11,343 | €8,705 | -€2,637 | -23.3% |
| Taxes | 450/3 | €11,343 | €8,705 | -€2,637 | -23.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €104,618 | €106,399 | +€1,781 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,371 | €19,491 | +€1,120 | +6.1% |
| Other operating charges | 640/8 | €2,698 | €1,886 | -€812 | -30.1% |
| Gross operating margin | 9900 | €38,769 | €48,020 | +€9,251 | +23.9% |
| Operating profit (loss) | 9901 | €17,699 | €26,643 | +€8,944 | +50.5% |
| Financial income | 75/76B | €90 | - | -€90 | |
| Recurring financial income | 75 | €90 | - | -€90 | |
| Financial charges | 65/66B | €2,422 | €2,131 | -€291 | -12.0% |
| Recurring financial charges | 65 | €2,422 | €2,131 | -€291 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €15,367 | €24,512 | +€9,145 | +59.5% |
| Income taxes | 67/77 | €5,786 | €7,959 | +€2,172 | +37.5% |
| Profit (loss) for the period | 9904 | €9,581 | €16,554 | +€6,973 | +72.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,581 | €16,554 | +€6,973 | +72.8% |
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 28 October 2026 via checked.be.