ElmosData: 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.
ElmosData
Largest movements
- Receivables within one year -€42,931
down €42,931 (-9.5%), from €452,466 to €409,535
of which Trade receivables: -€39,631
- Cash +€35,924
up €35,924 (+130.5%), from €27,535 to €63,459
mainly Accrued charges and deferred income (+€63,183) and Net result for the year (+€56,787)
- Trade debts -€109,700
down €109,700 (-34.9%), from €314,435 to €204,735
of which Suppliers: -€109,700
- Accrued charges and deferred income +€63,183
new in 2025: €63,183
- Reserves +€50,000
up €50,000 (+89.0%), from €56,150 to €106,150
of which Distributable reserves: +€50,000
- Short-term financial debts -€30,000
no longer reported in 2025 (was €30,000)
- Debts after one year +€13,275
new in 2025: €13,275
- Gross operating margin -€77,362
down €77,362 (-29.2%), from €264,626 to €187,264
- Staff costs -€75,048
down €75,048 (-42.1%), from €178,158 to €103,109
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 | €482,896 | €477,571 | -€5,325 | -1.1% |
| Fixed assets | 21/28 | €2,344 | €1,068 | -€1,276 | -54.4% |
| Tangible fixed assets | 22/27 | €2,244 | €968 | -€1,276 | -56.9% |
| Plant, machinery and equipment | 23 | €2,244 | €968 | -€1,276 | -56.9% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €480,553 | €476,503 | -€4,050 | -0.8% |
| Amounts receivable within one year | 40/41 | €452,466 | €409,535 | -€42,931 | -9.5% |
| Trade receivables | 40 | €433,816 | €394,185 | -€39,631 | -9.1% |
| Other amounts receivable | 41 | €18,650 | €15,350 | -€3,300 | -17.7% |
| Cash at bank and in hand | 54/58 | €27,535 | €63,459 | +€35,924 | +130.5% |
| Deferred charges and accrued income | 490/1 | €552 | €3,510 | +€2,958 | +536.1% |
| Total equity and liabilities | 10/49 | €482,896 | €477,571 | -€5,325 | -1.1% |
| Equity | 10/15 | €121,375 | €178,162 | +€56,787 | +46.8% |
| 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 | €56,150 | €106,150 | +€50,000 | +89.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €100,000 | +€50,000 | +100.0% |
| Profit (loss) carried forward | 14 | €3,725 | €10,512 | +€6,787 | +182.2% |
| Amounts payable | 17/49 | €361,521 | €299,409 | -€62,112 | -17.2% |
| Amounts payable after more than one year | 17 | - | €13,275 | +€13,275 | |
| Financial debts | 170/4 | - | €13,275 | +€13,275 | |
| Amounts payable within one year | 42/48 | €361,521 | €222,951 | -€138,570 | -38.3% |
| Financial debts | 43 | €30,000 | - | -€30,000 | |
| Other loans | 439 | €30,000 | - | -€30,000 | |
| Trade debts | 44 | €314,435 | €204,735 | -€109,700 | -34.9% |
| Suppliers | 440/4 | €314,435 | €204,735 | -€109,700 | -34.9% |
| Bills of exchange payable | 441 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €17,087 | €18,217 | +€1,130 | +6.6% |
| Taxes | 450/3 | - | €7,400 | +€7,400 | |
| Remuneration and social security | 454/9 | €17,087 | €10,817 | -€6,270 | -36.7% |
| Accrued charges and deferred income | 492/3 | - | €63,183 | +€63,183 | |
| Remuneration, social security and pensions | 62 | €178,158 | €103,109 | -€75,048 | -42.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €874 | €1,276 | +€401 | +45.9% |
| Other operating charges | 640/8 | €148 | €150 | +€2 | +1.4% |
| Gross operating margin | 9900 | €264,626 | €187,264 | -€77,362 | -29.2% |
| Operating profit (loss) | 9901 | €85,446 | €82,728 | -€2,717 | -3.2% |
| Financial charges | 65/66B | €3,071 | €3,344 | +€273 | +8.9% |
| Recurring financial charges | 65 | €3,071 | €3,344 | +€273 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €82,375 | €79,385 | -€2,990 | -3.6% |
| Income taxes | 67/77 | €22,500 | €22,598 | +€98 | +0.4% |
| Profit (loss) for the period | 9904 | €59,875 | €56,787 | -€3,088 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,875 | €56,787 | -€3,088 | -5.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.