ELKEMA: 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.
ELKEMA
Largest movements
- Receivables within one year +€6,150
up €6,150 (+52.5%), from €11,718 to €17,868
of which Other amounts receivable: +€8,201
- Intangible fixed assets -€4,500
down €4,500 (-34.3%), from €13,125 to €8,625
- Financial fixed assets +€1,250
new in 2024: €1,250
- Cash +€1,079
up €1,079 (+23.3%), from €4,640 to €5,719
mainly Depreciation (+€5,021) and Net result for the year (+€4,518)
- Tangible fixed assets +€1,042
new in 2024: €1,042
- Profit (loss) carried forward +€4,518
up €4,518 (+40.7%), from -€11,102 to -€6,584
- Trade debts -€3,459
down €3,459 (-10.6%), from €32,703 to €29,243
- Tax, wage and social debts +€2,455
up €2,455 (+99.4%), from €2,470 to €4,925
of which Taxes: +€1,255
- Accrued charges and deferred income +€1,165
new in 2024: €1,165
- Gross operating margin +€15,901
up €15,901 (+2,177%), from €730 to €16,631
- Depreciation -€3,015
down €3,015 (-37.5%), from €8,036 to €5,021
- Taxes +€1,693
up €1,693 (+991%), from €171 to €1,863
- Write-downs +€1,614
new in 2024: €1,614
- Other operating charges +€1,186
up €1,186 (+40.7%), from €2,917 to €4,103
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,125 | €36,804 | +€4,679 | +14.6% |
| Fixed assets | 21/28 | €13,125 | €10,917 | -€2,208 | -16.8% |
| Intangible fixed assets | 21 | €13,125 | €8,625 | -€4,500 | -34.3% |
| Tangible fixed assets | 22/27 | - | €1,042 | +€1,042 | |
| Plant, machinery and equipment | 23 | - | €1,042 | +€1,042 | |
| Financial fixed assets | 28 | - | €1,250 | +€1,250 | |
| Current assets | 29/58 | €19,000 | €25,887 | +€6,887 | +36.2% |
| Stocks and contracts in progress | 3 | €2,643 | €2,301 | -€342 | -12.9% |
| Stocks | 30/36 | €2,643 | €2,301 | -€342 | -12.9% |
| Amounts receivable within one year | 40/41 | €11,718 | €17,868 | +€6,150 | +52.5% |
| Trade receivables | 40 | €2,051 | - | -€2,051 | |
| Other amounts receivable | 41 | €9,667 | €17,868 | +€8,201 | +84.8% |
| Cash at bank and in hand | 54/58 | €4,640 | €5,719 | +€1,079 | +23.3% |
| Total equity and liabilities | 10/49 | €32,125 | €36,804 | +€4,679 | +14.6% |
| Equity | 10/15 | -€3,047 | €1,471 | +€4,518 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,102 | -€6,584 | +€4,518 | +40.7% |
| Amounts payable | 17/49 | €35,172 | €35,333 | +€161 | +0.5% |
| Amounts payable within one year | 42/48 | €35,172 | €34,168 | -€1,004 | -2.9% |
| Trade debts | 44 | €32,703 | €29,243 | -€3,459 | -10.6% |
| Suppliers | 440/4 | €32,703 | €29,243 | -€3,459 | -10.6% |
| Taxes, remuneration and social security | 45 | €2,470 | €4,925 | +€2,455 | +99.4% |
| Taxes | 450/3 | €2,470 | €3,725 | +€1,255 | +50.8% |
| Remuneration and social security | 454/9 | - | €1,200 | +€1,200 | |
| Accrued charges and deferred income | 492/3 | - | €1,165 | +€1,165 | |
| Non-recurring operating income | 76A | €42 | - | -€42 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,036 | €5,021 | -€3,015 | -37.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,614 | +€1,614 | |
| Other operating charges | 640/8 | €2,917 | €4,103 | +€1,186 | +40.7% |
| Gross operating margin | 9900 | €730 | €16,631 | +€15,901 | +2,177% |
| Operating profit (loss) | 9901 | -€10,222 | €5,893 | +€16,115 | |
| Financial income | 75/76B | €101 | €553 | +€452 | +448% |
| Recurring financial income | 75 | €101 | €553 | +€452 | +448% |
| Financial charges | 65/66B | €52 | €65 | +€13 | +24.3% |
| Recurring financial charges | 65 | €52 | €65 | +€13 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,173 | €6,382 | +€16,555 | |
| Income taxes | 67/77 | €171 | €1,863 | +€1,693 | +991% |
| Profit (loss) for the period | 9904 | -€10,344 | €4,518 | +€14,862 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,344 | €4,518 | +€14,862 |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.