Elnichma: 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.
Elnichma
Largest movements
- Tangible fixed assets -€8,383
down €8,383 (-71.3%), from €11,754 to €3,371
of which Furniture and vehicles: -€7,010
- Cash +€584
up €584 (+50.5%), from €1,157 to €1,741
mainly Investment in fixed assets (net) (+€6,497) and Net result for the year (+€5,947)
- Deferred charges and accrued income -€305
down €305 (-57.4%), from €532 to €227
- Other debts -€14,974
down €14,974 (-77.8%), from €19,237 to €4,263
- Profit (loss) carried forward +€5,947
up €5,947 (+22.3%), from -€26,647 to -€20,700
- Tax, wage and social debts +€802
up €802 (+345%), from €233 to €1,035
- Depreciation -€13,383
down €13,383 (-87.6%), from €15,269 to €1,886
- Gross operating margin -€5,864
down €5,864 (-38.2%), from €15,366 to €9,502
- Taxes +€832
up €832 (+411%), from €202 to €1,035
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 | €13,741 | €5,636 | -€8,104 | -59.0% |
| Fixed assets | 21/28 | €11,754 | €3,371 | -€8,383 | -71.3% |
| Tangible fixed assets | 22/27 | €11,754 | €3,371 | -€8,383 | -71.3% |
| Land and buildings | 22 | €1,673 | €1,254 | -€418 | -25.0% |
| Plant, machinery and equipment | 23 | €2,896 | €1,941 | -€955 | -33.0% |
| Furniture and vehicles | 24 | €7,185 | €175 | -€7,010 | -97.6% |
| Current assets | 29/58 | €1,987 | €2,265 | +€279 | +14.0% |
| Amounts receivable within one year | 40/41 | €298 | €298 | = | 0.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €298 | €298 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,157 | €1,741 | +€584 | +50.5% |
| Deferred charges and accrued income | 490/1 | €532 | €227 | -€305 | -57.4% |
| Total equity and liabilities | 10/49 | €13,741 | €5,636 | -€8,104 | -59.0% |
| Equity | 10/15 | -€6,306 | -€359 | +€5,947 | +94.3% |
| Contributions | 10/11 | €18,492 | €18,492 | = | 0.0% |
| Reserves | 13 | €1,849 | €1,849 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,849 | €1,849 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,647 | -€20,700 | +€5,947 | +22.3% |
| Amounts payable | 17/49 | €20,046 | €5,995 | -€14,051 | -70.1% |
| Amounts payable within one year | 42/48 | €20,046 | €5,995 | -€14,051 | -70.1% |
| Trade debts | 44 | €577 | €697 | +€120 | +20.9% |
| Suppliers | 440/4 | €577 | €697 | +€120 | +20.9% |
| Taxes, remuneration and social security | 45 | €233 | €1,035 | +€802 | +345% |
| Taxes | 450/3 | €233 | €1,035 | +€802 | +345% |
| Other amounts payable | 47/48 | €19,237 | €4,263 | -€14,974 | -77.8% |
| Non-recurring operating income | 76A | - | €8,503 | +€8,503 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,269 | €1,886 | -€13,383 | -87.6% |
| Other operating charges | 640/8 | €676 | €528 | -€149 | -22.0% |
| Gross operating margin | 9900 | €15,366 | €9,502 | -€5,864 | -38.2% |
| Operating profit (loss) | 9901 | -€579 | €7,088 | +€7,667 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €161 | €107 | -€54 | -33.6% |
| Recurring financial charges | 65 | €161 | €107 | -€54 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | -€740 | €6,982 | +€7,721 | |
| Income taxes | 67/77 | €202 | €1,035 | +€832 | +411% |
| Profit (loss) for the period | 9904 | -€942 | €5,947 | +€6,889 | |
| Profit (loss) for the period to be appropriated | 9905 | -€942 | €5,947 | +€6,889 |
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 15 October 2026 via checked.be.