ELMAR IMMO: 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.
ELMAR IMMO
Largest movements
- Receivables within one year +€294,794
up €294,794 (+14.7%), from €2.0m to €2.3m
- Profit (loss) carried forward +€282,689
up €282,689 (+23.9%), from -€1.2m to -€898,332
- Gross operating margin +€14,992
up €14,992 (+4.0%), from €375,074 to €390,066
- Financial income +€10,909
up €10,909 (+8.1%), from €133,884 to €144,794
- Other operating charges -€6,038
down €6,038 (-7.0%), from €86,050 to €80,011
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 | €6,813,717 | €7,125,277 | +€311,561 | +4.6% |
| Fixed assets | 21/28 | €4,759,718 | €4,724,271 | -€35,447 | -0.7% |
| Tangible fixed assets | 22/27 | €4,759,718 | €4,724,271 | -€35,447 | -0.7% |
| Land and buildings | 22 | €4,758,227 | €4,720,185 | -€38,042 | -0.8% |
| Plant, machinery and equipment | 23 | - | €3,040 | +€3,040 | |
| Other tangible fixed assets | 26 | €1,492 | €1,047 | -€445 | -29.8% |
| Current assets | 29/58 | €2,053,998 | €2,401,006 | +€347,008 | +16.9% |
| Amounts receivable within one year | 40/41 | €2,005,557 | €2,300,350 | +€294,794 | +14.7% |
| Other amounts receivable | 41 | €2,005,557 | €2,300,350 | +€294,794 | +14.7% |
| Cash at bank and in hand | 54/58 | €41,968 | €84,486 | +€42,518 | +101.3% |
| Deferred charges and accrued income | 490/1 | €6,473 | €16,170 | +€9,697 | +149.8% |
| Total equity and liabilities | 10/49 | €6,813,717 | €7,125,277 | +€311,561 | +4.6% |
| Equity | 10/15 | €5,248,286 | €5,530,975 | +€282,689 | +5.4% |
| Contributions | 10/11 | €6,416,000 | €6,416,000 | = | 0.0% |
| Reserves | 13 | €13,307 | €13,307 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,347 | €11,347 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,347 | €11,347 | = | 0.0% |
| Distributable reserves | 133 | €1,960 | €1,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,181,021 | -€898,332 | +€282,689 | +23.9% |
| Amounts payable | 17/49 | €1,565,430 | €1,594,302 | +€28,872 | +1.8% |
| Amounts payable within one year | 42/48 | €1,565,430 | €1,565,885 | +€455 | 0.0% |
| Trade debts | 44 | €4,309 | €4,763 | +€455 | +10.6% |
| Suppliers | 440/4 | €4,309 | €4,763 | +€455 | +10.6% |
| Other amounts payable | 47/48 | €1,561,122 | €1,561,122 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €28,417 | +€28,417 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €168,630 | €172,164 | +€3,534 | +2.1% |
| Other operating charges | 640/8 | €86,050 | €80,011 | -€6,038 | -7.0% |
| Gross operating margin | 9900 | €375,074 | €390,066 | +€14,992 | +4.0% |
| Operating profit (loss) | 9901 | €120,394 | €137,890 | +€17,496 | +14.5% |
| Financial income | 75/76B | €133,884 | €144,794 | +€10,909 | +8.1% |
| Recurring financial income | 75 | €133,884 | €144,794 | +€10,909 | +8.1% |
| Financial charges | 65/66B | €115 | -€5 | -€120 | |
| Recurring financial charges | 65 | €115 | -€5 | -€120 | |
| Profit (loss) for the period before taxes | 9903 | €254,163 | €282,689 | +€28,526 | +11.2% |
| Profit (loss) for the period | 9904 | €254,163 | €282,689 | +€28,526 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €254,163 | €282,689 | +€28,526 | +11.2% |
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 10 October 2026 via checked.be.