ELTRAMEC: what changed
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
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 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% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.