ELMEYCO: 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.
ELMEYCO
Largest movements
- Receivables within one year +€48,535
up €48,535 (+24.5%), from €198,244 to €246,779
of which Trade receivables: +€35,000
- Other debts +€58,904
up €58,904 (+804%), from €7,324 to €66,228
- Tax, wage and social debts -€12,197
down €12,197 (-29.4%), from €41,476 to €29,279
- Gross operating margin +€9,982
up €9,982 (+17.7%), from €56,511 to €66,493
- Taxes +€4,460
up €4,460 (+23.1%), from €19,308 to €23,769
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 | €202,064 | €249,612 | +€47,548 | +23.5% |
| Fixed assets | 21/28 | €591 | €258 | -€333 | -56.4% |
| Tangible fixed assets | 22/27 | €591 | €258 | -€333 | -56.4% |
| Furniture and vehicles | 24 | €591 | €258 | -€333 | -56.4% |
| Current assets | 29/58 | €201,473 | €249,354 | +€47,881 | +23.8% |
| Amounts receivable within one year | 40/41 | €198,244 | €246,779 | +€48,535 | +24.5% |
| Trade receivables | 40 | €0 | €35,000 | +€35,000 | |
| Other amounts receivable | 41 | €198,244 | €211,779 | +€13,535 | +6.8% |
| Cash at bank and in hand | 54/58 | €745 | €154 | -€591 | -79.3% |
| Deferred charges and accrued income | 490/1 | €2,484 | €2,421 | -€63 | -2.6% |
| Total equity and liabilities | 10/49 | €202,064 | €249,612 | +€47,548 | +23.5% |
| Equity | 10/15 | €149,624 | €149,724 | +€100 | +0.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €137,224 | €137,324 | +€100 | +0.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €137,224 | €137,324 | +€100 | +0.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €52,440 | €99,888 | +€47,448 | +90.5% |
| Amounts payable within one year | 42/48 | €51,915 | €99,018 | +€47,103 | +90.7% |
| Trade debts | 44 | €3,115 | €3,510 | +€395 | +12.7% |
| Suppliers | 440/4 | €3,115 | €3,510 | +€395 | +12.7% |
| Taxes, remuneration and social security | 45 | €41,476 | €29,279 | -€12,197 | -29.4% |
| Taxes | 450/3 | €41,476 | €29,279 | -€12,197 | -29.4% |
| Other amounts payable | 47/48 | €7,324 | €66,228 | +€58,904 | +804% |
| Accrued charges and deferred income | 492/3 | €525 | €870 | +€345 | +65.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €333 | €333 | = | 0.0% |
| Other operating charges | 640/8 | €3,802 | €3,370 | -€432 | -11.4% |
| Gross operating margin | 9900 | €56,511 | €66,493 | +€9,982 | +17.7% |
| Operating profit (loss) | 9901 | €52,375 | €62,790 | +€10,414 | +19.9% |
| Financial charges | 65/66B | €726 | €860 | +€134 | +18.4% |
| Recurring financial charges | 65 | €726 | €860 | +€134 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | €51,649 | €61,930 | +€10,281 | +19.9% |
| Income taxes | 67/77 | €19,308 | €23,769 | +€4,460 | +23.1% |
| Profit (loss) for the period | 9904 | €32,341 | €38,161 | +€5,820 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,341 | €38,161 | +€5,820 | +18.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.