ELMO STUDIOS: what changed
Two fiscal 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 STUDIOS
Largest movements
- Receivables within one year -€47,331
down €47,331 (-86.7%), from €54,591 to €7,260
- Cash +€25,187
up €25,187 (+234.1%), from €10,761 to €35,947
mainly Receivables within one year (+€47,331) and Net result for the year (+€2,272)
- Debts after one year -€10,072
no longer reported in 2025 (was €10,072)
- Current portion of long-term debt -€6,569
down €6,569 (-39.5%), from €16,642 to €10,072
- Tax, wage and social debts -€6,313
down €6,313 (-44.2%), from €14,272 to €7,958
of which Taxes: -€6,516
- Profit (loss) carried forward +€2,272
up €2,272 (+18.4%), from -€12,346 to -€10,073
- Trade debts -€1,603
down €1,603 (-26.8%), from €5,973 to €4,371
- Other operating charges -€11,847
down €11,847 (-96.2%), from €12,315 to €467
- Purchases and services +€9,092
up €9,092 (+54.7%), from €16,618 to €25,710
- Gross operating margin -€8,221
down €8,221 (-14.6%), from €56,128 to €47,908
- Turnover +€4,500
up €4,500 (+6.5%), from €69,000 to €73,500
- Financial charges -€2,152
down €2,152 (-67.6%), from €3,181 to €1,029
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 | €66,389 | €44,103 | -€22,285 | -33.6% |
| Fixed assets | 21/28 | €1,037 | €664 | -€373 | -35.9% |
| Tangible fixed assets | 22/27 | €1,037 | €664 | -€373 | -35.9% |
| Plant, machinery and equipment | 23 | €1,037 | €664 | -€373 | -35.9% |
| Current assets | 29/58 | €65,352 | €43,439 | -€21,913 | -33.5% |
| Amounts receivable within one year | 40/41 | €54,591 | €7,260 | -€47,331 | -86.7% |
| Trade receivables | 40 | €54,591 | €7,260 | -€47,331 | -86.7% |
| Cash at bank and in hand | 54/58 | €10,761 | €35,947 | +€25,187 | +234.1% |
| Deferred charges and accrued income | 490/1 | - | €231 | +€231 | |
| Total equity and liabilities | 10/49 | €66,389 | €44,103 | -€22,285 | -33.6% |
| Equity | 10/15 | €7,654 | €9,927 | +€2,272 | +29.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,346 | -€10,073 | +€2,272 | +18.4% |
| Amounts payable | 17/49 | €58,734 | €34,177 | -€24,558 | -41.8% |
| Amounts payable after more than one year | 17 | €10,072 | - | -€10,072 | |
| Financial debts | 170/4 | €10,072 | - | -€10,072 | |
| Amounts payable within one year | 42/48 | €48,662 | €34,177 | -€14,485 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | €16,642 | €10,072 | -€6,569 | -39.5% |
| Trade debts | 44 | €5,973 | €4,371 | -€1,603 | -26.8% |
| Suppliers | 440/4 | €5,973 | €4,371 | -€1,603 | -26.8% |
| Taxes, remuneration and social security | 45 | €14,272 | €7,958 | -€6,313 | -44.2% |
| Taxes | 450/3 | €9,094 | €2,578 | -€6,516 | -71.6% |
| Remuneration and social security | 454/9 | €5,177 | €5,380 | +€203 | +3.9% |
| Other amounts payable | 47/48 | €11,775 | €11,775 | = | 0.0% |
| Turnover | 70 | €69,000 | €73,500 | +€4,500 | +6.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €16,618 | €25,710 | +€9,092 | +54.7% |
| Remuneration, social security and pensions | 62 | €45,517 | €43,790 | -€1,726 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €955 | €373 | -€582 | -61.0% |
| Other operating charges | 640/8 | €12,315 | €467 | -€11,847 | -96.2% |
| Gross operating margin | 9900 | €56,128 | €47,908 | -€8,221 | -14.6% |
| Operating profit (loss) | 9901 | -€2,658 | €3,277 | +€5,935 | |
| Financial income | 75/76B | - | €24 | +€24 | |
| Recurring financial income | 75 | - | €24 | +€24 | |
| Financial charges | 65/66B | €3,181 | €1,029 | -€2,152 | -67.6% |
| Recurring financial charges | 65 | €3,181 | €1,029 | -€2,152 | -67.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,839 | €2,272 | +€8,111 | |
| Income taxes | 67/77 | €383 | - | -€383 | |
| Profit (loss) for the period | 9904 | -€6,221 | €2,272 | +€8,494 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,221 | €2,272 | +€8,494 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.