A.B. ELECTRO: what changed
Two fiscal 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. ELECTRO
Largest movements
- Cash +€146,766
up €146,766 (+1257.1%), from €11,675 to €158,441
mainly Net result for the year (+€121,780) and Tax, wage and social debts (+€78,284)
- Receivables within one year +€33,940
up €33,940 (+5.0%), from €685,229 to €719,169
- Stocks and contracts +€13,665
up €13,665 (+4.9%), from €277,626 to €291,291
- Profit (loss) carried forward +€121,780
up €121,780 (+30.2%), from €403,903 to €525,683
- Tax, wage and social debts +€78,284
up €78,284 (+142.0%), from €55,117 to €133,401
of which Taxes: +€68,006
- Gross operating margin +€184,475
up €184,475 (+48.7%), from €379,059 to €563,535
- Staff costs +€75,604
up €75,604 (+24.9%), from €304,187 to €379,790
- Taxes +€28,639
up €28,639 (+158.9%), from €18,023 to €46,662
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.
Cash bridge derived
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 | €981,585 | €1,184,088 | +€202,503 | +20.6% |
| Fixed assets | 21/28 | €7,055 | €15,187 | +€8,132 | +115.3% |
| Tangible fixed assets | 22/27 | €1,064 | €9,229 | +€8,165 | +767.5% |
| Plant, machinery and equipment | 23 | - | €9,091 | +€9,091 | |
| Furniture and vehicles | 24 | €1,064 | €138 | -€926 | -87.0% |
| Financial fixed assets | 28 | €5,991 | €5,958 | -€33 | -0.6% |
| Current assets | 29/58 | €974,530 | €1,168,901 | +€194,371 | +19.9% |
| Stocks and contracts in progress | 3 | €277,626 | €291,291 | +€13,665 | +4.9% |
| Stocks | 30/36 | €277,626 | €291,291 | +€13,665 | +4.9% |
| Amounts receivable within one year | 40/41 | €685,229 | €719,169 | +€33,940 | +5.0% |
| Trade receivables | 40 | €685,229 | €719,169 | +€33,940 | +5.0% |
| Cash at bank and in hand | 54/58 | €11,675 | €158,441 | +€146,766 | +1257.1% |
| Total equity and liabilities | 10/49 | €981,585 | €1,184,088 | +€202,503 | +20.6% |
| Equity | 10/15 | €424,354 | €546,134 | +€121,780 | +28.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €403,903 | €525,683 | +€121,780 | +30.2% |
| Amounts payable | 17/49 | €557,231 | €637,954 | +€80,723 | +14.5% |
| Amounts payable within one year | 42/48 | €557,231 | €637,954 | +€80,723 | +14.5% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €369,669 | €373,185 | +€3,515 | +1.0% |
| Suppliers | 440/4 | €369,669 | €373,185 | +€3,515 | +1.0% |
| Taxes, remuneration and social security | 45 | €55,117 | €133,401 | +€78,284 | +142.0% |
| Taxes | 450/3 | €21,991 | €89,997 | +€68,006 | +309.2% |
| Remuneration and social security | 454/9 | €33,126 | €43,404 | +€10,278 | +31.0% |
| Other amounts payable | 47/48 | €57,444 | €56,368 | -€1,076 | -1.9% |
| Remuneration, social security and pensions | 62 | €304,187 | €379,790 | +€75,604 | +24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,975 | €3,199 | +€1,224 | +62.0% |
| Other operating charges | 640/8 | €5,171 | €6,225 | +€1,055 | +20.4% |
| Gross operating margin | 9900 | €379,059 | €563,535 | +€184,475 | +48.7% |
| Operating profit (loss) | 9901 | €67,728 | €174,320 | +€106,593 | +157.4% |
| Financial income | 75/76B | €48 | €74 | +€26 | +53.3% |
| Recurring financial income | 75 | €48 | €74 | +€26 | +53.3% |
| Financial charges | 65/66B | €7,452 | €5,952 | -€1,501 | -20.1% |
| Recurring financial charges | 65 | €7,452 | €5,952 | -€1,501 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €60,323 | €168,442 | +€108,119 | +179.2% |
| Income taxes | 67/77 | €18,023 | €46,662 | +€28,639 | +158.9% |
| Profit (loss) for the period | 9904 | €42,300 | €121,780 | +€79,480 | +187.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,300 | €121,780 | +€79,480 | +187.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.