ELMA CONSTRUCT: 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.
ELMA CONSTRUCT
Largest movements
- Receivables within one year -€63,930
down €63,930 (-64.3%), from €99,446 to €35,517
of which Trade receivables: -€96,677
- Cash -€4,449
down €4,449 (-13.5%), from €32,856 to €28,408
mainly Trade debts (-€83,572) and Deferred charges and accrued income (-€837)
- Trade debts -€83,572
down €83,572 (-85.4%), from €97,916 to €14,344
- Profit (loss) carried forward +€15,944
up €15,944 (+60.4%), from €26,418 to €42,362
- Purchases and services -€365,517
no longer reported in 2024 (was €365,517)
- Gross operating margin +€6,662
up €6,662 (+34.6%), from €19,272 to €25,934
- Taxes +€1,899
up €1,899 (+58.4%), from €3,254 to €5,153
- Financial charges +€1,421
up €1,421 (+41.6%), from €3,417 to €4,838
- Other operating charges -€390
no longer reported in 2024 (was €390)
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.
Cash bridge derived
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 | €132,745 | €65,204 | -€67,541 | -50.9% |
| Current assets | 29/58 | €132,745 | €65,204 | -€67,541 | -50.9% |
| Amounts receivable within one year | 40/41 | €99,446 | €35,517 | -€63,930 | -64.3% |
| Trade receivables | 40 | €96,677 | - | -€96,677 | |
| Other amounts receivable | 41 | €2,769 | €35,517 | +€32,748 | +1182.6% |
| Cash at bank and in hand | 54/58 | €32,856 | €28,408 | -€4,449 | -13.5% |
| Deferred charges and accrued income | 490/1 | €442 | €1,280 | +€837 | +189.3% |
| Total equity and liabilities | 10/49 | €132,745 | €65,204 | -€67,541 | -50.9% |
| Equity | 10/15 | €27,418 | €43,362 | +€15,944 | +58.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,418 | €42,362 | +€15,944 | +60.4% |
| Amounts payable | 17/49 | €105,327 | €21,842 | -€83,485 | -79.3% |
| Amounts payable within one year | 42/48 | €105,327 | €21,842 | -€83,485 | -79.3% |
| Trade debts | 44 | €97,916 | €14,344 | -€83,572 | -85.4% |
| Suppliers | 440/4 | €97,916 | €14,344 | -€83,572 | -85.4% |
| Taxes, remuneration and social security | 45 | €7,412 | €7,499 | +€87 | +1.2% |
| Taxes | 450/3 | €4,652 | €6,473 | +€1,821 | +39.1% |
| Remuneration and social security | 454/9 | €2,760 | €1,026 | -€1,734 | -62.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €365,517 | - | -€365,517 | |
| Other operating charges | 640/8 | €390 | - | -€390 | |
| Gross operating margin | 9900 | €19,272 | €25,934 | +€6,662 | +34.6% |
| Operating profit (loss) | 9901 | €18,883 | €25,934 | +€7,052 | +37.3% |
| Financial charges | 65/66B | €3,417 | €4,838 | +€1,421 | +41.6% |
| Recurring financial charges | 65 | €3,417 | €4,838 | +€1,421 | +41.6% |
| Profit (loss) for the period before taxes | 9903 | €15,466 | €21,097 | +€5,631 | +36.4% |
| Income taxes | 67/77 | €3,254 | €5,153 | +€1,899 | +58.4% |
| Profit (loss) for the period | 9904 | €12,212 | €15,944 | +€3,732 | +30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,212 | €15,944 | +€3,732 | +30.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.