ELIMAX: 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.
ELIMAX
Largest movements
- Receivables within one year +€6,125
up €6,125 (+263.4%), from €2,325 to €8,450
of which Trade receivables: +€5,300
- Cash +€4,372
up €4,372 (+894.6%), from €489 to €4,861
mainly Other debts (+€5,093) and Net result for the year (+€4,161)
- Other debts +€5,093
up €5,093 (+23.6%), from €21,612 to €26,705
- Profit (loss) carried forward +€4,161
up €4,161 (+10.3%), from -€40,403 to -€36,242
- Tax, wage and social debts +€1,302
new in 2025: €1,302
- Gross operating margin +€14,291
up €14,291, from -€5,398 to €8,892
- Taxes +€5,110
up €5,110, from -€809 to €4,301
- Other operating charges -€128
down €128 (-24.3%), from €528 to €400
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 | €2,814 | €13,311 | +€10,497 | +373.1% |
| Current assets | 29/58 | €2,814 | €13,311 | +€10,497 | +373.1% |
| Amounts receivable within one year | 40/41 | €2,325 | €8,450 | +€6,125 | +263.4% |
| Trade receivables | 40 | €1,500 | €6,800 | +€5,300 | +353.3% |
| Other amounts receivable | 41 | €825 | €1,650 | +€825 | +100.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €489 | €4,861 | +€4,372 | +894.6% |
| Total equity and liabilities | 10/49 | €2,814 | €13,311 | +€10,497 | +373.1% |
| Equity | 10/15 | -€19,943 | -€15,782 | +€4,161 | +20.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,403 | -€36,242 | +€4,161 | +10.3% |
| Amounts payable | 17/49 | €22,757 | €29,093 | +€6,336 | +27.8% |
| Amounts payable within one year | 42/48 | €22,757 | €29,093 | +€6,336 | +27.8% |
| Trade debts | 44 | €1,145 | €1,086 | -€59 | -5.2% |
| Suppliers | 440/4 | €1,145 | €1,086 | -€59 | -5.2% |
| Taxes, remuneration and social security | 45 | - | €1,302 | +€1,302 | |
| Taxes | 450/3 | - | €1,302 | +€1,302 | |
| Other amounts payable | 47/48 | €21,612 | €26,705 | +€5,093 | +23.6% |
| Other operating charges | 640/8 | €528 | €400 | -€128 | -24.3% |
| Gross operating margin | 9900 | -€5,398 | €8,892 | +€14,291 | |
| Operating profit (loss) | 9901 | -€5,926 | €8,492 | +€14,419 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,956 | €8,462 | +€14,419 | |
| Income taxes | 67/77 | -€809 | €4,301 | +€5,110 | |
| Profit (loss) for the period | 9904 | -€5,147 | €4,161 | +€9,309 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,147 | €4,161 | +€9,309 |
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.