Elmo Consultancy: 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.
Elmo Consultancy
Largest movements
- Cash -€46,382
down €46,382 (-55.1%), from €84,116 to €37,734
mainly Contributions, distributions and other (-€118,900) and Receivables within one year (-€11,970)
- Receivables within one year +€11,970
up €11,970 (+71.7%), from €16,684 to €28,653
of which Trade receivables: +€13,231
- Tangible fixed assets -€11,885
down €11,885 (-26.0%), from €45,759 to €33,873
of which Furniture and vehicles: -€11,485
- Reserves -€82,415
down €82,415 (-69.9%), from €117,900 to €35,485
- Other debts +€31,360
up €31,360 (+179.1%), from €17,513 to €48,873
- Tax, wage and social debts +€5,270
up €5,270 (+55.7%), from €9,466 to €14,736
No income-statement line moved by more than 1% of the activity.
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 | €147,560 | €101,168 | -€46,392 | -31.4% |
| Fixed assets | 21/28 | €46,559 | €34,673 | -€11,885 | -25.5% |
| Tangible fixed assets | 22/27 | €45,759 | €33,873 | -€11,885 | -26.0% |
| Furniture and vehicles | 24 | €42,464 | €30,979 | -€11,485 | -27.0% |
| Other tangible fixed assets | 26 | €3,294 | €2,894 | -€400 | -12.1% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €101,001 | €66,494 | -€34,507 | -34.2% |
| Amounts receivable within one year | 40/41 | €16,684 | €28,653 | +€11,970 | +71.7% |
| Trade receivables | 40 | €14,422 | €27,653 | +€13,231 | +91.7% |
| Other amounts receivable | 41 | €2,262 | €1,000 | -€1,262 | -55.8% |
| Cash at bank and in hand | 54/58 | €84,116 | €37,734 | -€46,382 | -55.1% |
| Deferred charges and accrued income | 490/1 | €202 | €107 | -€95 | -47.0% |
| Total equity and liabilities | 10/49 | €147,560 | €101,168 | -€46,392 | -31.4% |
| Equity | 10/15 | €119,400 | €36,985 | -€82,415 | -69.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €117,900 | €35,485 | -€82,415 | -69.9% |
| Distributable reserves | 133 | €117,900 | €35,485 | -€82,415 | -69.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,160 | €64,183 | +€36,023 | +127.9% |
| Amounts payable within one year | 42/48 | €28,160 | €64,183 | +€36,023 | +127.9% |
| Trade debts | 44 | €1,181 | €574 | -€607 | -51.4% |
| Suppliers | 440/4 | €1,181 | €574 | -€607 | -51.4% |
| Taxes, remuneration and social security | 45 | €9,466 | €14,736 | +€5,270 | +55.7% |
| Taxes | 450/3 | €9,466 | €14,736 | +€5,270 | +55.7% |
| Other amounts payable | 47/48 | €17,513 | €48,873 | +€31,360 | +179.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,885 | €11,885 | = | 0.0% |
| Other operating charges | 640/8 | €809 | €875 | +€66 | +8.1% |
| Gross operating margin | 9900 | €59,735 | €59,381 | -€355 | -0.6% |
| Operating profit (loss) | 9901 | €47,041 | €46,621 | -€421 | -0.9% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €131 | €137 | +€6 | +4.6% |
| Recurring financial charges | 65 | €131 | €137 | +€6 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €46,910 | €46,485 | -€425 | -0.9% |
| Income taxes | 67/77 | €9,738 | €10,000 | +€262 | +2.7% |
| Profit (loss) for the period | 9904 | €37,172 | €36,485 | -€687 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,172 | €36,485 | -€687 | -1.8% |
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 11 October 2026 via checked.be.