ELNIMMO: 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.
ELNIMMO
Largest movements
- Tangible fixed assets -€117,062
down €117,062 (-3.5%), from €3.4m to €3.3m
of which Other tangible fixed assets: -€69,149
- Receivables within one year +€54,868
up €54,868 (+28.5%), from €192,648 to €247,516
of which Trade receivables: +€28,930
- Other debts +€376,064
up €376,064 (+25.3%), from €1.5m to €1.9m
- Debts after one year -€171,868
down €171,868 (-9.3%), from €1.9m to €1.7m
of which Financial debts: -€171,868
- Profit (loss) carried forward -€171,373
down €171,373 (-14.3%), from -€1.2m to -€1.4m
- Current portion of long-term debt -€67,575
down €67,575 (-27.5%), from €245,816 to €178,241
- Gross operating margin +€32,272
up €32,272 (+54.5%), from €59,194 to €91,466
- Financial charges -€17,807
down €17,807 (-11.8%), from €151,224 to €133,416
- Depreciation +€6,409
up €6,409 (+5.8%), from €110,653 to €117,062
- Other operating charges -€4,225
down €4,225 (-19.1%), from €22,079 to €17,854
- Financial income -€3,647
down €3,647 (-39.9%), from €9,140 to €5,493
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 | €5,133,808 | €5,045,312 | -€88,496 | -1.7% |
| Fixed assets | 21/28 | €4,368,681 | €4,249,878 | -€118,803 | -2.7% |
| Tangible fixed assets | 22/27 | €3,368,990 | €3,251,928 | -€117,062 | -3.5% |
| Land and buildings | 22 | €1,060,945 | €1,013,726 | -€47,219 | -4.5% |
| Plant, machinery and equipment | 23 | €13,969 | €13,275 | -€694 | -5.0% |
| Other tangible fixed assets | 26 | €2,294,077 | €2,224,928 | -€69,149 | -3.0% |
| Financial fixed assets | 28 | €999,691 | €997,950 | -€1,741 | -0.2% |
| Current assets | 29/58 | €765,127 | €795,434 | +€30,307 | +4.0% |
| Amounts receivable after more than one year | 29 | €59,780 | €34,456 | -€25,324 | -42.4% |
| Other amounts receivable | 291 | €59,780 | €34,456 | -€25,324 | -42.4% |
| Amounts receivable within one year | 40/41 | €192,648 | €247,516 | +€54,868 | +28.5% |
| Trade receivables | 40 | €148,913 | €177,842 | +€28,930 | +19.4% |
| Other amounts receivable | 41 | €43,735 | €69,673 | +€25,938 | +59.3% |
| Current investments | 50/53 | €500,696 | €504,913 | +€4,217 | +0.8% |
| Cash at bank and in hand | 54/58 | €8,162 | €4,497 | -€3,665 | -44.9% |
| Deferred charges and accrued income | 490/1 | €3,841 | €4,052 | +€211 | +5.5% |
| Total equity and liabilities | 10/49 | €5,133,808 | €5,045,312 | -€88,496 | -1.7% |
| Equity | 10/15 | €1,233,167 | €1,061,794 | -€171,373 | -13.9% |
| Contributions | 10/11 | €2,371,950 | €2,371,950 | = | 0.0% |
| Capital | 10 | €2,371,950 | €2,371,950 | = | 0.0% |
| Issued capital | 100 | €2,971,950 | €2,971,950 | = | 0.0% |
| Uncalled capital | 101 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €56,200 | €56,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €56,200 | €56,200 | = | 0.0% |
| Legal reserve | 130 | €56,200 | €56,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,194,983 | -€1,366,356 | -€171,373 | -14.3% |
| Amounts payable | 17/49 | €3,900,640 | €3,983,518 | +€82,878 | +2.1% |
| Amounts payable after more than one year | 17 | €1,852,724 | €1,680,856 | -€171,868 | -9.3% |
| Financial debts | 170/4 | €1,852,509 | €1,680,641 | -€171,868 | -9.3% |
| Other amounts payable | 178/9 | €215 | €215 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,044,718 | €2,300,128 | +€255,409 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €245,816 | €178,241 | -€67,575 | -27.5% |
| Trade debts | 44 | €281,150 | €232,605 | -€48,545 | -17.3% |
| Suppliers | 440/4 | €281,150 | €232,605 | -€48,545 | -17.3% |
| Taxes, remuneration and social security | 45 | €30,031 | €25,496 | -€4,534 | -15.1% |
| Taxes | 450/3 | €30,031 | €25,496 | -€4,534 | -15.1% |
| Other amounts payable | 47/48 | €1,487,721 | €1,863,785 | +€376,064 | +25.3% |
| Accrued charges and deferred income | 492/3 | €3,198 | €2,534 | -€664 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,653 | €117,062 | +€6,409 | +5.8% |
| Other operating charges | 640/8 | €22,079 | €17,854 | -€4,225 | -19.1% |
| Gross operating margin | 9900 | €59,194 | €91,466 | +€32,272 | +54.5% |
| Operating profit (loss) | 9901 | -€73,537 | -€43,449 | +€30,088 | +40.9% |
| Financial income | 75/76B | €9,140 | €5,493 | -€3,647 | -39.9% |
| Recurring financial income | 75 | €9,140 | €5,493 | -€3,647 | -39.9% |
| Financial charges | 65/66B | €151,224 | €133,416 | -€17,807 | -11.8% |
| Recurring financial charges | 65 | €151,224 | €133,416 | -€17,807 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | -€215,621 | -€171,372 | +€44,249 | +20.5% |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | -€215,621 | -€171,373 | +€44,248 | +20.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€215,621 | -€171,373 | +€44,248 | +20.5% |
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 18 October 2026 via checked.be.