ELMES CONSULTING: 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.
ELMES CONSULTING
Largest movements
- Cash +€29,257
up €29,257 (+45.6%), from €64,166 to €93,422
mainly Other debts (+€48,165) and Net result for the year (+€20,885)
- Tangible fixed assets -€7,356
down €7,356 (-65.9%), from €11,169 to €3,813
of which Furniture and vehicles: -€6,722
- Other debts +€48,165
up €48,165 (+28,549%), from €169 to €48,334
- Profit (loss) carried forward -€39,115
down €39,115 (-57.0%), from €68,679 to €29,564
- Tax, wage and social debts +€10,670
up €10,670 (+57.7%), from €18,507 to €29,177
of which Taxes: +€8,996
- Trade debts +€2,305
up €2,305 (+452%), from €510 to €2,814
- Staff costs +€14,654
up €14,654 (+105%), from €13,920 to €28,573
- Taxes -€3,084
down €3,084 (-30.6%), from €10,066 to €6,982
- Gross operating margin -€708
down €708 (-1.1%), from €64,905 to €64,197
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 | €89,414 | €111,440 | +€22,025 | +24.6% |
| Fixed assets | 21/28 | €11,169 | €3,813 | -€7,356 | -65.9% |
| Tangible fixed assets | 22/27 | €11,169 | €3,813 | -€7,356 | -65.9% |
| Plant, machinery and equipment | 23 | €1,757 | €1,123 | -€634 | -36.1% |
| Furniture and vehicles | 24 | €9,412 | €2,690 | -€6,722 | -71.4% |
| Current assets | 29/58 | €78,245 | €107,627 | +€29,381 | +37.6% |
| Amounts receivable within one year | 40/41 | €14,080 | €14,205 | +€125 | +0.9% |
| Trade receivables | 40 | €13,976 | €14,205 | +€229 | +1.6% |
| Other amounts receivable | 41 | €104 | - | -€104 | |
| Cash at bank and in hand | 54/58 | €64,166 | €93,422 | +€29,257 | +45.6% |
| Total equity and liabilities | 10/49 | €89,414 | €111,440 | +€22,025 | +24.6% |
| Equity | 10/15 | €70,229 | €31,114 | -€39,115 | -55.7% |
| Contributions | 10/11 | €1,550 | €1,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,679 | €29,564 | -€39,115 | -57.0% |
| Amounts payable | 17/49 | €19,185 | €80,325 | +€61,140 | +319% |
| Amounts payable within one year | 42/48 | €19,185 | €80,325 | +€61,140 | +319% |
| Trade debts | 44 | €510 | €2,814 | +€2,305 | +452% |
| Suppliers | 440/4 | €510 | €2,814 | +€2,305 | +452% |
| Taxes, remuneration and social security | 45 | €18,507 | €29,177 | +€10,670 | +57.7% |
| Taxes | 450/3 | €16,698 | €25,694 | +€8,996 | +53.9% |
| Remuneration and social security | 454/9 | €1,809 | €3,484 | +€1,674 | +92.6% |
| Other amounts payable | 47/48 | €169 | €48,334 | +€48,165 | +28,549% |
| Remuneration, social security and pensions | 62 | €13,920 | €28,573 | +€14,654 | +105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,869 | €7,356 | +€488 | +7.1% |
| Other operating charges | 640/8 | €176 | €184 | +€8 | +4.7% |
| Gross operating margin | 9900 | €64,905 | €64,197 | -€708 | -1.1% |
| Operating profit (loss) | 9901 | €43,941 | €28,083 | -€15,858 | -36.1% |
| Financial income | 75/76B | €1 | €1 | +€1 | +156% |
| Recurring financial income | 75 | €1 | €1 | +€1 | +156% |
| Financial charges | 65/66B | €57 | €217 | +€160 | +280% |
| Recurring financial charges | 65 | €57 | €217 | +€160 | +280% |
| Profit (loss) for the period before taxes | 9903 | €43,884 | €27,867 | -€16,017 | -36.5% |
| Income taxes | 67/77 | €10,066 | €6,982 | -€3,084 | -30.6% |
| Profit (loss) for the period | 9904 | €33,818 | €20,885 | -€12,933 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,818 | €20,885 | -€12,933 | -38.2% |
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 23 October 2026 via checked.be.