ELMEC: 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.
ELMEC
Largest movements
- Tangible fixed assets -€5,000
down €5,000 (-4.0%), from €125,000 to €120,000
- Debts after one year -€7,907
down €7,907 (-16.2%), from €48,762 to €40,855
- Other debts +€7,780
up €7,780 (+10.4%), from €75,152 to €82,932
- Profit (loss) carried forward -€4,141
down €4,141 (-12.8%), from -€32,239 to -€36,380
- Other operating charges -€810
down €810 (-26.5%), from €3,058 to €2,248
- Financial charges +€424
up €424 (+24.6%), from €1,724 to €2,148
- Gross operating margin -€96
down €96 (-1.8%), from €5,351 to €5,255
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 | €130,817 | €126,107 | -€4,710 | -3.6% |
| Fixed assets | 21/28 | €130,790 | €125,791 | -€4,999 | -3.8% |
| Intangible fixed assets | 21 | €5,740 | €5,741 | +€1 | 0.0% |
| Tangible fixed assets | 22/27 | €125,000 | €120,000 | -€5,000 | -4.0% |
| Land and buildings | 22 | €125,000 | €120,000 | -€5,000 | -4.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €27 | €316 | +€289 | +1069.3% |
| Cash at bank and in hand | 54/58 | €27 | €316 | +€289 | +1069.3% |
| Total equity and liabilities | 10/49 | €130,817 | €126,107 | -€4,710 | -3.6% |
| Equity | 10/15 | -€2,345 | -€6,486 | -€4,141 | -176.6% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Reserves | 13 | €11,302 | €11,302 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €9,443 | €9,443 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€32,239 | -€36,380 | -€4,141 | -12.8% |
| Amounts payable | 17/49 | €133,162 | €132,593 | -€569 | -0.4% |
| Amounts payable after more than one year | 17 | €48,762 | €40,855 | -€7,907 | -16.2% |
| Financial debts | 170/4 | €48,762 | €40,855 | -€7,907 | -16.2% |
| Amounts payable within one year | 42/48 | €84,400 | €91,737 | +€7,337 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €7,661 | €7,929 | +€268 | +3.5% |
| Trade debts | 44 | €1,587 | €876 | -€711 | -44.8% |
| Suppliers | 440/4 | €1,587 | €876 | -€711 | -44.8% |
| Other amounts payable | 47/48 | €75,152 | €82,932 | +€7,780 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,000 | €5,000 | = | 0.0% |
| Other operating charges | 640/8 | €3,058 | €2,248 | -€810 | -26.5% |
| Gross operating margin | 9900 | €5,351 | €5,255 | -€96 | -1.8% |
| Operating profit (loss) | 9901 | -€2,707 | -€1,993 | +€714 | +26.4% |
| Financial charges | 65/66B | €1,724 | €2,148 | +€424 | +24.6% |
| Recurring financial charges | 65 | €1,724 | €2,148 | +€424 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,431 | -€4,141 | +€290 | +6.5% |
| Profit (loss) for the period | 9904 | -€4,431 | -€4,141 | +€290 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,431 | -€4,141 | +€290 | +6.5% |
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 12 October 2026 via checked.be.