ELMY: 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.
ELMY
Largest movements
- Receivables within one year +€4,095
up €4,095 (+62.9%), from €6,507 to €10,602
of which Trade receivables: +€6,171
- Debts after one year -€16,188
down €16,188 (-19.9%), from €81,303 to €65,115
- Advances received +€13,826
up €13,826, from €0 to €13,826
- Other debts +€12,181
up €12,181 (+23.5%), from €51,942 to €64,124
- Current portion of long-term debt -€9,167
down €9,167 (-36.2%), from €25,307 to €16,140
- Profit (loss) carried forward +€2,468
up €2,468 (+3.6%), from -€67,767 to -€65,298
- Gross operating margin -€10,783
down €10,783 (-42.2%), from €25,525 to €14,742
- Taxes -€1,679
down €1,679 (-46.0%), from €3,653 to €1,974
- Other operating charges +€1,471
up €1,471 (+57.8%), from €2,544 to €4,015
- Financial charges +€1,399
up €1,399 (+46.9%), from €2,985 to €4,384
- Depreciation -€1,043
down €1,043 (-35.4%), from €2,951 to €1,907
From the 31-12-2024 result to the 31-12-2025 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,280 | €148,352 | +€5,072 | +3.5% |
| Fixed assets | 21/28 | €136,773 | €136,849 | +€76 | +0.1% |
| Tangible fixed assets | 22/27 | €136,773 | €136,849 | +€76 | +0.1% |
| Land and buildings | 22 | €131,559 | €131,559 | = | 0.0% |
| Plant, machinery and equipment | 23 | €5,214 | €5,290 | +€76 | +1.5% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €6,507 | €11,503 | +€4,996 | +76.8% |
| Amounts receivable within one year | 40/41 | €6,507 | €10,602 | +€4,095 | +62.9% |
| Trade receivables | 40 | €4,428 | €10,600 | +€6,171 | +139% |
| Other amounts receivable | 41 | €2,078 | €2 | -€2,077 | -99.9% |
| Deferred charges and accrued income | 490/1 | - | €901 | +€901 | |
| Total equity and liabilities | 10/49 | €143,280 | €148,352 | +€5,072 | +3.5% |
| Equity | 10/15 | -€36,507 | -€34,038 | +€2,468 | +6.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,660 | €12,660 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,800 | €10,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,767 | -€65,298 | +€2,468 | +3.6% |
| Amounts payable | 17/49 | €179,787 | €182,390 | +€2,603 | +1.4% |
| Amounts payable after more than one year | 17 | €81,303 | €65,115 | -€16,188 | -19.9% |
| Financial debts | 170/4 | €81,303 | €65,115 | -€16,188 | -19.9% |
| Amounts payable within one year | 42/48 | €98,484 | €117,275 | +€18,791 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €25,307 | €16,140 | -€9,167 | -36.2% |
| Financial debts | 43 | €9,517 | €10,000 | +€483 | +5.1% |
| Credit institutions | 430/8 | €9,517 | €10,000 | +€483 | +5.1% |
| Trade debts | 44 | €6,559 | €6,221 | -€338 | -5.2% |
| Suppliers | 440/4 | €6,559 | €6,221 | -€338 | -5.2% |
| Advances received on contracts in progress | 46 | €0 | €13,826 | +€13,826 | |
| Taxes, remuneration and social security | 45 | €5,158 | €6,964 | +€1,807 | +35.0% |
| Taxes | 450/3 | €5,158 | €6,964 | +€1,807 | +35.0% |
| Other amounts payable | 47/48 | €51,942 | €64,124 | +€12,181 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,951 | €1,907 | -€1,043 | -35.4% |
| Other operating charges | 640/8 | €2,544 | €4,015 | +€1,471 | +57.8% |
| Gross operating margin | 9900 | €25,525 | €14,742 | -€10,783 | -42.2% |
| Operating profit (loss) | 9901 | €20,031 | €8,820 | -€11,211 | -56.0% |
| Financial income | 75/76B | €91 | €6 | -€85 | -93.7% |
| Recurring financial income | 75 | €91 | €6 | -€85 | -93.7% |
| Financial charges | 65/66B | €2,985 | €4,384 | +€1,399 | +46.9% |
| Recurring financial charges | 65 | €2,985 | €4,384 | +€1,399 | +46.9% |
| Profit (loss) for the period before taxes | 9903 | €17,136 | €4,442 | -€12,694 | -74.1% |
| Income taxes | 67/77 | €3,653 | €1,974 | -€1,679 | -46.0% |
| Profit (loss) for the period | 9904 | €13,484 | €2,468 | -€11,015 | -81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,484 | €2,468 | -€11,015 | -81.7% |
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 17 October 2026 via checked.be.