ELKOMA: 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.
ELKOMA
Largest movements
- Cash +€194,133
up €194,133 (+5,882%), from €3,300 to €197,434
mainly Stocks and contracts (+€168,843) and Net result for the year (+€69,049)
- Stocks and contracts -€168,843
down €168,843 (-99.4%), from €169,853 to €1,009
- Receivables within one year +€50,040
up €50,040 (+585%), from €8,551 to €58,591
of which Trade receivables: +€50,040
- Profit (loss) carried forward +€69,049
up €69,049 (+47.8%), from €144,559 to €213,607
- Tax, wage and social debts +€14,231
up €14,231 (+66.0%), from €21,561 to €35,792
- Trade debts -€7,234
down €7,234 (-81.6%), from €8,863 to €1,629
- Gross operating margin +€28,234
up €28,234 (+45.1%), from €62,585 to €90,819
- Taxes +€7,355
up €7,355 (+59.8%), from €12,295 to €19,650
- Financial charges -€6,790
down €6,790 (-94.1%), from €7,218 to €428
- Depreciation -€1,936
down €1,936 (-69.7%), from €2,776 to €840
- Other operating charges -€1,051
down €1,051 (-54.8%), from €1,919 to €868
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 | €184,445 | €259,878 | +€75,433 | +40.9% |
| Fixed assets | 21/28 | €2,441 | €2,410 | -€31 | -1.3% |
| Tangible fixed assets | 22/27 | €2,441 | €2,410 | -€31 | -1.3% |
| Land and buildings | 22 | €469 | €183 | -€286 | -60.9% |
| Plant, machinery and equipment | 23 | - | €733 | +€733 | |
| Furniture and vehicles | 24 | €1,972 | €1,494 | -€478 | -24.2% |
| Current assets | 29/58 | €182,004 | €257,468 | +€75,464 | +41.5% |
| Stocks and contracts in progress | 3 | €169,853 | €1,009 | -€168,843 | -99.4% |
| Stocks | 30/36 | €169,853 | €1,009 | -€168,843 | -99.4% |
| Amounts receivable within one year | 40/41 | €8,551 | €58,591 | +€50,040 | +585% |
| Trade receivables | 40 | €8,536 | €58,576 | +€50,040 | +586% |
| Other amounts receivable | 41 | €15 | €15 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,300 | €197,434 | +€194,133 | +5,882% |
| Deferred charges and accrued income | 490/1 | €300 | €434 | +€134 | +44.5% |
| Total equity and liabilities | 10/49 | €184,445 | €259,878 | +€75,433 | +40.9% |
| Equity | 10/15 | €152,619 | €221,667 | +€69,049 | +45.2% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,559 | €213,607 | +€69,049 | +47.8% |
| Amounts payable | 17/49 | €31,826 | €38,211 | +€6,384 | +20.1% |
| Amounts payable within one year | 42/48 | €31,826 | €38,211 | +€6,384 | +20.1% |
| Trade debts | 44 | €8,863 | €1,629 | -€7,234 | -81.6% |
| Suppliers | 440/4 | €8,863 | €1,629 | -€7,234 | -81.6% |
| Taxes, remuneration and social security | 45 | €21,561 | €35,792 | +€14,231 | +66.0% |
| Taxes | 450/3 | €21,561 | €35,792 | +€14,231 | +66.0% |
| Other amounts payable | 47/48 | €1,402 | €789 | -€613 | -43.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,776 | €840 | -€1,936 | -69.7% |
| Other operating charges | 640/8 | €1,919 | €868 | -€1,051 | -54.8% |
| Gross operating margin | 9900 | €62,585 | €90,819 | +€28,234 | +45.1% |
| Operating profit (loss) | 9901 | €57,890 | €89,111 | +€31,221 | +53.9% |
| Financial income | 75/76B | €0 | €16 | +€16 | +5,230% |
| Recurring financial income | 75 | €0 | €16 | +€16 | +5,230% |
| Financial charges | 65/66B | €7,218 | €428 | -€6,790 | -94.1% |
| Recurring financial charges | 65 | €7,218 | €428 | -€6,790 | -94.1% |
| Profit (loss) for the period before taxes | 9903 | €50,672 | €88,699 | +€38,027 | +75.0% |
| Income taxes | 67/77 | €12,295 | €19,650 | +€7,355 | +59.8% |
| Profit (loss) for the period | 9904 | €38,377 | €69,049 | +€30,672 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €38,377 | €69,049 | +€30,672 | +79.9% |
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 20 October 2026 via checked.be.