Elmos & Partners: 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.
Elmos & Partners
Largest movements
- Receivables within one year +€155,225
up €155,225 (+54.1%), from €286,789 to €442,014
of which Trade receivables: +€122,225
- Cash -€152,852
down €152,852 (-66.7%), from €229,186 to €76,334
mainly Receivables within one year (-€155,225) and Trade debts (-€56,330)
- Reserves +€85,000
up €85,000 (+26.9%), from €316,150 to €401,150
of which Distributable reserves: +€85,000
- Trade debts -€56,330
down €56,330 (-11.9%), from €473,167 to €416,837
- Debts after one year -€37,400
down €37,400 (-6.2%), from €606,900 to €569,500
- Short-term financial debts -€35,000
no longer reported in 2025 (was €35,000)
- Tax, wage and social debts +€28,300
up €28,300 (+4,325%), from €654 to €28,955
- Turnover -€3.2m
no longer reported in 2025 (was €3.2m)
- Purchases and services -€3.1m
no longer reported in 2025 (was €3.1m)
- Financial income +€48,942
up €48,942 (+392%), from €12,475 to €61,416
of which Financial income: +€43,942
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 | €1,504,761 | €1,502,173 | -€2,588 | -0.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €986,900 | €983,825 | -€3,075 | -0.3% |
| Financial fixed assets | 28 | €986,900 | €983,825 | -€3,075 | -0.3% |
| Current assets | 29/58 | €517,861 | €518,348 | +€487 | +0.1% |
| Amounts receivable within one year | 40/41 | €286,789 | €442,014 | +€155,225 | +54.1% |
| Trade receivables | 40 | €274,789 | €397,014 | +€122,225 | +44.5% |
| Other amounts receivable | 41 | €12,000 | €45,000 | +€33,000 | +275% |
| Cash at bank and in hand | 54/58 | €229,186 | €76,334 | -€152,852 | -66.7% |
| Deferred charges and accrued income | 490/1 | €1,885 | - | -€1,885 | |
| Total equity and liabilities | 10/49 | €1,504,761 | €1,502,173 | -€2,588 | -0.2% |
| Equity | 10/15 | €389,040 | €475,325 | +€86,285 | +22.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €316,150 | €401,150 | +€85,000 | +26.9% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €310,000 | €395,000 | +€85,000 | +27.4% |
| Profit (loss) carried forward | 14 | €11,390 | €12,675 | +€1,285 | +11.3% |
| Amounts payable | 17/49 | €1,115,721 | €1,026,848 | -€88,873 | -8.0% |
| Amounts payable after more than one year | 17 | €606,900 | €569,500 | -€37,400 | -6.2% |
| Financial debts | 170/4 | €606,900 | €569,500 | -€37,400 | -6.2% |
| Amounts payable within one year | 42/48 | €508,821 | €445,792 | -€63,029 | -12.4% |
| Financial debts | 43 | €35,000 | - | -€35,000 | |
| Credit institutions | 430/8 | €35,000 | - | -€35,000 | |
| Trade debts | 44 | €473,167 | €416,837 | -€56,330 | -11.9% |
| Suppliers | 440/4 | €473,167 | €416,837 | -€56,330 | -11.9% |
| Taxes, remuneration and social security | 45 | €654 | €28,955 | +€28,300 | +4,325% |
| Taxes | 450/3 | €654 | €28,955 | +€28,300 | +4,325% |
| Accrued charges and deferred income | 492/3 | - | €11,556 | +€11,556 | |
| Turnover | 70 | €3,178,663 | - | -€3.2m | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,116,541 | - | -€3.1m | |
| Other operating charges | 640/8 | €1,116 | €1,148 | +€33 | +3.0% |
| Gross operating margin | 9900 | €62,123 | €65,397 | +€3,274 | +5.3% |
| Operating profit (loss) | 9901 | €61,007 | €64,248 | +€3,241 | +5.3% |
| Financial income | 75/76B | €12,475 | €61,416 | +€48,942 | +392% |
| Recurring financial income | 75 | €2,475 | €46,416 | +€43,942 | +1,776% |
| Non-recurring financial income | 76B | €10,000 | €15,000 | +€5,000 | +50.0% |
| Financial charges | 65/66B | €27,221 | €24,814 | -€2,407 | -8.8% |
| Recurring financial charges | 65 | €27,221 | €24,814 | -€2,407 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €46,261 | €100,850 | +€54,590 | +118% |
| Income taxes | 67/77 | €13,024 | €14,565 | +€1,542 | +11.8% |
| Profit (loss) for the period | 9904 | €33,237 | €86,285 | +€53,048 | +160% |
| Profit (loss) for the period to be appropriated | 9905 | €33,237 | €86,285 | +€53,048 | +160% |
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 24 October 2026 via checked.be.