A&M ELECTRA: 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&M ELECTRA
Largest movements
- Cash +€45,999
up €45,999 (+58.2%), from €78,978 to €124,977
mainly Receivables within one year (+€35,304) and Trade debts (+€22,055)
- Receivables within one year -€35,304
down €35,304 (-42.3%), from €83,542 to €48,238
of which Trade receivables: -€36,240
- Tangible fixed assets -€2,410
down €2,410 (-22.2%), from €10,857 to €8,447
of which Furniture and vehicles: -€2,932
- Deferred charges and accrued income -€2,046
no longer reported in 2025 (was €2,046)
- Other debts -€31,506
no longer reported in 2025 (was €31,506)
- Trade debts +€22,055
up €22,055 (+82.7%), from €26,668 to €48,723
- Profit (loss) carried forward +€9,740
up €9,740 (+10.3%), from €94,758 to €104,498
- Tax, wage and social debts +€4,666
up €4,666 (+17.3%), from €27,033 to €31,699
of which Remuneration and social security: +€12,240
- Gross operating margin +€17,506
up €17,506 (+21.9%), from €79,760 to €97,266
- Taxes +€3,876
up €3,876 (+651%), from €595 to €4,471
- Staff costs +€2,339
up €2,339 (+3.1%), from €75,349 to €77,688
- Depreciation +€1,121
up €1,121 (+48.3%), from €2,322 to €3,443
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 | €182,969 | €187,924 | +€4,955 | +2.7% |
| Fixed assets | 21/28 | €10,957 | €8,547 | -€2,410 | -22.0% |
| Tangible fixed assets | 22/27 | €10,857 | €8,447 | -€2,410 | -22.2% |
| Plant, machinery and equipment | 23 | €309 | €831 | +€522 | +169% |
| Furniture and vehicles | 24 | €10,548 | €7,616 | -€2,932 | -27.8% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €172,012 | €179,377 | +€7,365 | +4.3% |
| Stocks and contracts in progress | 3 | €7,446 | €6,162 | -€1,284 | -17.2% |
| Stocks | 30/36 | €7,446 | €6,162 | -€1,284 | -17.2% |
| Amounts receivable within one year | 40/41 | €83,542 | €48,238 | -€35,304 | -42.3% |
| Trade receivables | 40 | €73,024 | €36,784 | -€36,240 | -49.6% |
| Other amounts receivable | 41 | €10,518 | €11,454 | +€936 | +8.9% |
| Cash at bank and in hand | 54/58 | €78,978 | €124,977 | +€45,999 | +58.2% |
| Deferred charges and accrued income | 490/1 | €2,046 | - | -€2,046 | |
| Total equity and liabilities | 10/49 | €182,969 | €187,924 | +€4,955 | +2.7% |
| Equity | 10/15 | €97,762 | €107,502 | +€9,740 | +10.0% |
| Contributions | 10/11 | €1,600 | €1,600 | = | 0.0% |
| Contributions outside capital | 11 | €1,600 | €1,600 | = | 0.0% |
| Other | 1109/19 | €1,600 | €1,600 | = | 0.0% |
| Reserves | 13 | €1,404 | €1,404 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,404 | €1,404 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,404 | €1,404 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,758 | €104,498 | +€9,740 | +10.3% |
| Amounts payable | 17/49 | €85,207 | €80,422 | -€4,785 | -5.6% |
| Amounts payable within one year | 42/48 | €85,207 | €80,422 | -€4,785 | -5.6% |
| Trade debts | 44 | €26,668 | €48,723 | +€22,055 | +82.7% |
| Suppliers | 440/4 | €26,668 | €48,723 | +€22,055 | +82.7% |
| Taxes, remuneration and social security | 45 | €27,033 | €31,699 | +€4,666 | +17.3% |
| Taxes | 450/3 | €12,066 | €4,492 | -€7,574 | -62.8% |
| Remuneration and social security | 454/9 | €14,967 | €27,207 | +€12,240 | +81.8% |
| Other amounts payable | 47/48 | €31,506 | - | -€31,506 | |
| Remuneration, social security and pensions | 62 | €75,349 | €77,688 | +€2,339 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,322 | €3,443 | +€1,121 | +48.3% |
| Other operating charges | 640/8 | €1,134 | €1,808 | +€674 | +59.4% |
| Gross operating margin | 9900 | €79,760 | €97,266 | +€17,506 | +21.9% |
| Operating profit (loss) | 9901 | €955 | €14,327 | +€13,372 | +1,400% |
| Financial charges | 65/66B | €62 | €116 | +€54 | +87.1% |
| Recurring financial charges | 65 | €62 | €116 | +€54 | +87.1% |
| Profit (loss) for the period before taxes | 9903 | €893 | €14,211 | +€13,318 | +1,491% |
| Income taxes | 67/77 | €595 | €4,471 | +€3,876 | +651% |
| Profit (loss) for the period | 9904 | €298 | €9,740 | +€9,442 | +3,168% |
| Profit (loss) for the period to be appropriated | 9905 | €298 | €9,740 | +€9,442 | +3,168% |
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 21 October 2026 via checked.be.