ELTRAMEC: 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.
ELTRAMEC
Largest movements
- Receivables within one year +€20,235
up €20,235 (+42.7%), from €47,338 to €67,573
of which Trade receivables: +€13,236
- Tangible fixed assets -€15,893
down €15,893 (-33.1%), from €48,060 to €32,167
of which Furniture and vehicles: -€13,771
- Cash -€7,070
down €7,070 (-70.7%), from €10,001 to €2,932
mainly Receivables within one year (-€20,235) and Other debts (-€14,497)
- Other debts -€14,497
down €14,497 (-37.0%), from €39,135 to €24,638
- Reserves +€12,604
up €12,604 (+165%), from €7,624 to €20,228
- Trade debts +€10,781
up €10,781 (+109%), from €9,867 to €20,648
- Debts after one year -€10,009
down €10,009 (-57.0%), from €17,564 to €7,555
- Tax, wage and social debts -€4,115
down €4,115 (-14.8%), from €27,851 to €23,736
of which Remuneration and social security: -€4,126
- Staff costs +€30,336
up €30,336 (+23.1%), from €131,145 to €161,481
- Gross operating margin +€22,829
up €22,829 (+13.2%), from €173,037 to €195,867
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 | €109,541 | €106,813 | -€2,727 | -2.5% |
| Fixed assets | 21/28 | €48,060 | €32,167 | -€15,893 | -33.1% |
| Tangible fixed assets | 22/27 | €48,060 | €32,167 | -€15,893 | -33.1% |
| Land and buildings | 22 | €11,810 | €10,418 | -€1,393 | -11.8% |
| Plant, machinery and equipment | 23 | €2,335 | €1,825 | -€510 | -21.8% |
| Furniture and vehicles | 24 | €33,695 | €19,924 | -€13,771 | -40.9% |
| Other tangible fixed assets | 26 | €219 | €0 | -€219 | -100% |
| Current assets | 29/58 | €61,481 | €74,646 | +€13,165 | +21.4% |
| Stocks and contracts in progress | 3 | €4,142 | €4,142 | = | 0.0% |
| Stocks | 30/36 | €4,142 | €4,142 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €47,338 | €67,573 | +€20,235 | +42.7% |
| Trade receivables | 40 | €36,787 | €50,023 | +€13,236 | +36.0% |
| Other amounts receivable | 41 | €10,551 | €17,550 | +€6,999 | +66.3% |
| Cash at bank and in hand | 54/58 | €10,001 | €2,932 | -€7,070 | -70.7% |
| Total equity and liabilities | 10/49 | €109,541 | €106,813 | -€2,727 | -2.5% |
| Equity | 10/15 | €5,187 | €20,228 | +€15,041 | +290% |
| Reserves | 13 | €7,624 | €20,228 | +€12,604 | +165% |
| Distributable reserves | 133 | €7,624 | €20,228 | +€12,604 | +165% |
| Profit (loss) carried forward | 14 | -€2,437 | - | +€2,437 | |
| Amounts payable | 17/49 | €104,354 | €86,585 | -€17,768 | -17.0% |
| Amounts payable after more than one year | 17 | €17,564 | €7,555 | -€10,009 | -57.0% |
| Financial debts | 170/4 | €17,564 | €7,555 | -€10,009 | -57.0% |
| Amounts payable within one year | 42/48 | €86,790 | €79,031 | -€7,759 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €9,938 | €10,009 | +€72 | +0.7% |
| Trade debts | 44 | €9,867 | €20,648 | +€10,781 | +109% |
| Suppliers | 440/4 | €9,867 | €20,648 | +€10,781 | +109% |
| Taxes, remuneration and social security | 45 | €27,851 | €23,736 | -€4,115 | -14.8% |
| Taxes | 450/3 | €200 | €212 | +€11 | +5.7% |
| Remuneration and social security | 454/9 | €27,650 | €23,524 | -€4,126 | -14.9% |
| Other amounts payable | 47/48 | €39,135 | €24,638 | -€14,497 | -37.0% |
| Remuneration, social security and pensions | 62 | €131,145 | €161,481 | +€30,336 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,758 | €15,893 | +€135 | +0.9% |
| Other operating charges | 640/8 | €1,360 | €735 | -€625 | -46.0% |
| Gross operating margin | 9900 | €173,037 | €195,867 | +€22,829 | +13.2% |
| Operating profit (loss) | 9901 | €24,775 | €17,759 | -€7,016 | -28.3% |
| Financial income | 75/76B | €41 | €10 | -€31 | -75.4% |
| Recurring financial income | 75 | €41 | €10 | -€31 | -75.4% |
| Financial charges | 65/66B | €924 | €352 | -€572 | -61.9% |
| Recurring financial charges | 65 | €924 | €352 | -€572 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | €23,891 | €17,417 | -€6,475 | -27.1% |
| Income taxes | 67/77 | €452 | €2,376 | +€1,924 | +426% |
| Profit (loss) for the period | 9904 | €23,440 | €15,041 | -€8,399 | -35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,440 | €15,041 | -€8,399 | -35.8% |
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.