Vloerwerken Elmo: what changed
Vloerwerken Elmo
Largest movements
- Receivables within one year +€37,891
up €37,891 (+29.4%), from €128,855 to €166,746
of which Trade receivables: +€67,168
- Stocks and contracts +€23,574
new in 2026: €23,574
- Tangible fixed assets -€16,181
down €16,181 (-29.3%), from €55,292 to €39,111
of which Furniture and vehicles: -€14,369
- Cash +€13,935
up €13,935 (+20.1%), from €69,254 to €83,189
mainly Net result for the year (+€128,213) and Depreciation (+€14,354)
- Reserves +€126,213
up €126,213 (+116%), from €108,944 to €235,157
of which Distributable reserves: +€126,213
- Other debts -€35,294
down €35,294 (-93.8%), from €37,611 to €2,317
- Trade debts -€27,926
down €27,926 (-39.8%), from €70,082 to €42,156
- Gross operating margin +€98,443
up €98,443 (+45.5%), from €216,488 to €314,931
- Taxes +€24,716
up €24,716 (+173%), from €14,289 to €39,005
- Other operating charges +€15,130
up €15,130 (+817%), from €1,851 to €16,981
- Staff costs -€14,778
down €14,778 (-12.3%), from €120,119 to €105,342
- Financial charges +€4,899
up €4,899 (+62.1%), from €7,890 to €12,789
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €253,400 | €314,347 | +€60,947 | +24.1% |
| Fixed assets | 21/28 | €55,292 | €39,111 | -€16,181 | -29.3% |
| Tangible fixed assets | 22/27 | €55,292 | €39,111 | -€16,181 | -29.3% |
| Land and buildings | 22 | €12,537 | €11,251 | -€1,286 | -10.3% |
| Plant, machinery and equipment | 23 | €745 | €220 | -€526 | -70.5% |
| Furniture and vehicles | 24 | €42,009 | €27,640 | -€14,369 | -34.2% |
| Current assets | 29/58 | €198,108 | €275,236 | +€77,128 | +38.9% |
| Stocks and contracts in progress | 3 | - | €23,574 | +€23,574 | |
| Contracts in progress | 37 | - | €23,574 | +€23,574 | |
| Amounts receivable within one year | 40/41 | €128,855 | €166,746 | +€37,891 | +29.4% |
| Trade receivables | 40 | €9,100 | €76,268 | +€67,168 | +738% |
| Other amounts receivable | 41 | €119,754 | €90,478 | -€29,277 | -24.4% |
| Cash at bank and in hand | 54/58 | €69,254 | €83,189 | +€13,935 | +20.1% |
| Deferred charges and accrued income | 490/1 | - | €1,727 | +€1,727 | |
| Total equity and liabilities | 10/49 | €253,400 | €314,347 | +€60,947 | +24.1% |
| Equity | 10/15 | €115,144 | €241,357 | +€126,213 | +110% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €108,944 | €235,157 | +€126,213 | +116% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €107,084 | €233,297 | +€126,213 | +118% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €138,255 | €72,989 | -€65,266 | -47.2% |
| Amounts payable within one year | 42/48 | €138,255 | €72,989 | -€65,266 | -47.2% |
| Trade debts | 44 | €70,082 | €42,156 | -€27,926 | -39.8% |
| Suppliers | 440/4 | €70,082 | €42,156 | -€27,926 | -39.8% |
| Taxes, remuneration and social security | 45 | €30,563 | €28,517 | -€2,045 | -6.7% |
| Taxes | 450/3 | €24,600 | €25,352 | +€752 | +3.1% |
| Remuneration and social security | 454/9 | €5,963 | €3,165 | -€2,797 | -46.9% |
| Other amounts payable | 47/48 | €37,611 | €2,317 | -€35,294 | -93.8% |
| Non-recurring operating income | 76A | - | €4,413 | +€4,413 | |
| Remuneration, social security and pensions | 62 | €120,119 | €105,342 | -€14,778 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,123 | €14,354 | -€770 | -5.1% |
| Other operating charges | 640/8 | €1,851 | €16,981 | +€15,130 | +817% |
| Gross operating margin | 9900 | €216,488 | €314,931 | +€98,443 | +45.5% |
| Operating profit (loss) | 9901 | €79,394 | €178,254 | +€98,860 | +125% |
| Financial income | 75/76B | €3,089 | €1,753 | -€1,336 | -43.2% |
| Recurring financial income | 75 | €3,089 | €1,753 | -€1,336 | -43.2% |
| Financial charges | 65/66B | €7,890 | €12,789 | +€4,899 | +62.1% |
| Recurring financial charges | 65 | €7,890 | €12,789 | +€4,899 | +62.1% |
| Profit (loss) for the period before taxes | 9903 | €74,593 | €167,218 | +€92,625 | +124% |
| Income taxes | 67/77 | €14,289 | €39,005 | +€24,716 | +173% |
| Profit (loss) for the period | 9904 | €60,304 | €128,213 | +€67,909 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €60,304 | €128,213 | +€67,909 | +113% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.