A.B. ELEC: 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.
A.B. ELEC
Largest movements
- Receivables within one year -€5,460
down €5,460 (-97.9%), from €5,579 to €119
of which Other amounts receivable: -€5,042
- Cash +€1,195
new in 2025: €1,195
mainly Receivables within one year (+€5,460) and Other debts (+€3,016)
- Tangible fixed assets -€247
down €247 (-100.0%), from €247 to €0
- Profit (loss) carried forward -€5,263
down €5,263 (-9.7%), from -€54,227 to -€59,491
- Other debts +€3,016
new in 2025: €3,016
- Trade debts -€1,496
no longer reported in 2025 (was €1,496)
- Short-term financial debts -€456
no longer reported in 2025 (was €456)
- Tax, wage and social debts -€313
down €313 (-48.8%), from €642 to €329
- Write-downs -€21,868
no longer reported in 2025 (was €21,868)
- Gross operating margin +€1,967
up €1,967 (+30.7%), from -€6,400 to -€4,433
- Taxes -€302
down €302 (-84.7%), from €357 to €55
- Financial income -€297
down €297 (-68.1%), from €436 to €139
- Other operating charges +€247
up €247 (+98.0%), from €252 to €499
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 | €5,827 | €1,314 | -€4,512 | -77.4% |
| Fixed assets | 21/28 | €247 | €0 | -€247 | -100.0% |
| Tangible fixed assets | 22/27 | €247 | €0 | -€247 | -100.0% |
| Plant, machinery and equipment | 23 | €247 | €0 | -€247 | -100.0% |
| Current assets | 29/58 | €5,579 | €1,314 | -€4,265 | -76.4% |
| Amounts receivable within one year | 40/41 | €5,579 | €119 | -€5,460 | -97.9% |
| Trade receivables | 40 | €418 | - | -€418 | |
| Other amounts receivable | 41 | €5,161 | €119 | -€5,042 | -97.7% |
| Cash at bank and in hand | 54/58 | - | €1,195 | +€1,195 | |
| Total equity and liabilities | 10/49 | €5,827 | €1,314 | -€4,512 | -77.4% |
| Equity | 10/15 | €3,233 | -€2,031 | -€5,263 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,860 | €38,860 | = | 0.0% |
| 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 | €37,000 | €37,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,227 | -€59,491 | -€5,263 | -9.7% |
| Amounts payable | 17/49 | €2,594 | €3,345 | +€751 | +28.9% |
| Amounts payable within one year | 42/48 | €2,594 | €3,345 | +€751 | +28.9% |
| Financial debts | 43 | €456 | - | -€456 | |
| Credit institutions | 430/8 | €456 | - | -€456 | |
| Trade debts | 44 | €1,496 | - | -€1,496 | |
| Suppliers | 440/4 | €1,496 | - | -€1,496 | |
| Taxes, remuneration and social security | 45 | €642 | €329 | -€313 | -48.8% |
| Taxes | 450/3 | €642 | €329 | -€313 | -48.8% |
| Other amounts payable | 47/48 | - | €3,016 | +€3,016 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €482 | €247 | -€235 | -48.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,868 | - | -€21,868 | |
| Other operating charges | 640/8 | €252 | €499 | +€247 | +98.0% |
| Gross operating margin | 9900 | -€6,400 | -€4,433 | +€1,967 | +30.7% |
| Operating profit (loss) | 9901 | -€29,002 | -€5,179 | +€23,822 | +82.1% |
| Financial income | 75/76B | €436 | €139 | -€297 | -68.1% |
| Recurring financial income | 75 | €436 | €139 | -€297 | -68.1% |
| Financial charges | 65/66B | €293 | €168 | -€125 | -42.5% |
| Recurring financial charges | 65 | €293 | €168 | -€125 | -42.5% |
| Profit (loss) for the period before taxes | 9903 | -€28,859 | -€5,208 | +€23,650 | +82.0% |
| Income taxes | 67/77 | €357 | €55 | -€302 | -84.7% |
| Profit (loss) for the period | 9904 | -€29,215 | -€5,263 | +€23,952 | +82.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,215 | -€5,263 | +€23,952 | +82.0% |
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 14 October 2026 via checked.be.