IMMO ELKA: 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.
IMMO ELKA
Largest movements
- Tangible fixed assets -€2,793
down €2,793 (-4.6%), from €60,485 to €57,692
of which Land and buildings: -€2,782
- Cash -€2,191
down €2,191 (-67.9%), from €3,227 to €1,036
mainly Other debts (-€5,481)
- Other debts -€5,481
down €5,481 (-10.3%), from €53,027 to €47,546
- Gross operating margin -€1,305
down €1,305 (-22.6%), from €5,776 to €4,471
- Depreciation -€124
down €124 (-4.2%), from €2,916 to €2,793
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 | €64,269 | €59,082 | -€5,187 | -8.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €60,485 | €57,692 | -€2,793 | -4.6% |
| Tangible fixed assets | 22/27 | €60,485 | €57,692 | -€2,793 | -4.6% |
| Land and buildings | 22 | €60,475 | €57,692 | -€2,782 | -4.6% |
| Plant, machinery and equipment | 23 | €10 | €0 | -€10 | -100% |
| Current assets | 29/58 | €3,784 | €1,389 | -€2,394 | -63.3% |
| Cash at bank and in hand | 54/58 | €3,227 | €1,036 | -€2,191 | -67.9% |
| Deferred charges and accrued income | 490/1 | €557 | €354 | -€203 | -36.5% |
| Total equity and liabilities | 10/49 | €64,269 | €59,082 | -€5,187 | -8.1% |
| Equity | 10/15 | €10,241 | €10,535 | +€294 | +2.9% |
| Contributions | 10/11 | €133,863 | €133,863 | = | 0.0% |
| Capital | 10 | €133,863 | €133,863 | = | 0.0% |
| Issued capital | 100 | €133,863 | €133,863 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€123,621 | -€123,327 | +€294 | +0.2% |
| Amounts payable | 17/49 | €54,027 | €48,546 | -€5,481 | -10.1% |
| Amounts payable within one year | 42/48 | €53,027 | €47,546 | -€5,481 | -10.3% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €53,027 | €47,546 | -€5,481 | -10.3% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,916 | €2,793 | -€124 | -4.2% |
| Other operating charges | 640/8 | €1,273 | €1,312 | +€39 | +3.1% |
| Gross operating margin | 9900 | €5,776 | €4,471 | -€1,305 | -22.6% |
| Operating profit (loss) | 9901 | €1,587 | €366 | -€1,220 | -76.9% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €1,519 | €294 | -€1,225 | -80.7% |
| Profit (loss) for the period | 9904 | €1,519 | €294 | -€1,225 | -80.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,519 | €294 | -€1,225 | -80.7% |
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 15 October 2026 via checked.be.