ELMAPRO: 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.
ELMAPRO
Largest movements
- Tangible fixed assets -€67,144
down €67,144 (-22.2%), from €302,995 to €235,851
of which Furniture and vehicles: -€56,829
- Cash +€14,202
up €14,202 (+12.0%), from €118,806 to €133,009
mainly Net result for the year (+€47,068) and Depreciation (+€39,032)
- Tax, wage and social debts -€57,711
down €57,711 (-74.5%), from €77,487 to €19,776
of which Taxes: -€53,144
- Other debts +€34,488
up €34,488 (+181.6%), from €18,996 to €53,485
- Debts after one year -€13,429
down €13,429 (-53.5%), from €25,105 to €11,676
- Reserves -€11,756
down €11,756 (-4.0%), from €294,046 to €282,290
- Trade debts -€7,339
down €7,339 (-23.4%), from €31,422 to €24,083
- Gross operating margin -€12,872
down €12,872 (-9.8%), from €131,975 to €119,104
- Staff costs -€8,190
no longer reported in 2024 (was €8,190)
- Other operating charges +€6,999
up €6,999 (+287.9%), from €2,431 to €9,430
- Depreciation +€6,344
up €6,344 (+19.4%), from €32,688 to €39,032
- Financial charges -€1,543
down €1,543 (-38.9%), from €3,967 to €2,423
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 | €474,871 | €419,738 | -€55,133 | -11.6% |
| Fixed assets | 21/28 | €303,038 | €235,894 | -€67,144 | -22.2% |
| Tangible fixed assets | 22/27 | €302,995 | €235,851 | -€67,144 | -22.2% |
| Land and buildings | 22 | €123,045 | €116,745 | -€6,300 | -5.1% |
| Plant, machinery and equipment | 23 | €33,167 | €28,513 | -€4,654 | -14.0% |
| Furniture and vehicles | 24 | €132,740 | €75,911 | -€56,829 | -42.8% |
| Other tangible fixed assets | 26 | €14,042 | €14,681 | +€639 | +4.6% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €171,833 | €183,844 | +€12,011 | +7.0% |
| Amounts receivable within one year | 40/41 | €50,026 | €46,895 | -€3,131 | -6.3% |
| Trade receivables | 40 | €49,966 | €42,885 | -€7,082 | -14.2% |
| Other amounts receivable | 41 | €60 | €4,011 | +€3,951 | +6584.8% |
| Cash at bank and in hand | 54/58 | €118,806 | €133,009 | +€14,202 | +12.0% |
| Deferred charges and accrued income | 490/1 | €3,001 | €3,940 | +€939 | +31.3% |
| Total equity and liabilities | 10/49 | €474,871 | €419,738 | -€55,133 | -11.6% |
| Equity | 10/15 | €309,046 | €297,290 | -€11,756 | -3.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €294,046 | €282,290 | -€11,756 | -4.0% |
| Distributable reserves | 133 | €294,046 | €282,290 | -€11,756 | -4.0% |
| Amounts payable | 17/49 | €165,826 | €122,448 | -€43,378 | -26.2% |
| Amounts payable after more than one year | 17 | €25,105 | €11,676 | -€13,429 | -53.5% |
| Financial debts | 170/4 | €25,105 | €11,676 | -€13,429 | -53.5% |
| Amounts payable within one year | 42/48 | €140,721 | €110,772 | -€29,949 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €12,817 | €13,429 | +€612 | +4.8% |
| Trade debts | 44 | €31,422 | €24,083 | -€7,339 | -23.4% |
| Suppliers | 440/4 | €31,422 | €24,083 | -€7,339 | -23.4% |
| Taxes, remuneration and social security | 45 | €77,487 | €19,776 | -€57,711 | -74.5% |
| Taxes | 450/3 | €72,919 | €19,776 | -€53,144 | -72.9% |
| Remuneration and social security | 454/9 | €4,567 | - | -€4,567 | |
| Other amounts payable | 47/48 | €18,996 | €53,485 | +€34,488 | +181.6% |
| Remuneration, social security and pensions | 62 | €8,190 | - | -€8,190 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,688 | €39,032 | +€6,344 | +19.4% |
| Other operating charges | 640/8 | €2,431 | €9,430 | +€6,999 | +287.9% |
| Gross operating margin | 9900 | €131,975 | €119,104 | -€12,872 | -9.8% |
| Operating profit (loss) | 9901 | €88,667 | €70,642 | -€18,025 | -20.3% |
| Financial charges | 65/66B | €3,967 | €2,423 | -€1,543 | -38.9% |
| Recurring financial charges | 65 | €3,967 | €2,423 | -€1,543 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | €84,700 | €68,219 | -€16,481 | -19.5% |
| Income taxes | 67/77 | €21,147 | €21,151 | +€4 | 0.0% |
| Profit (loss) for the period | 9904 | €63,553 | €47,068 | -€16,485 | -25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,553 | €47,068 | -€16,485 | -25.9% |
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 30 September 2026 via checked.be.