AD Electra: 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.
AD Electra
Largest movements
- Cash -€103,781
down €103,781 (-81.1%), from €128,039 to €24,258
mainly Contributions, distributions and other (-€123,206) and Tax, wage and social debts (-€14,967)
- Receivables within one year -€10,333
down €10,333 (-26.3%), from €39,320 to €28,987
of which Other amounts receivable: -€5,592
- Profit (loss) carried forward -€121,983
down €121,983 (-86.8%), from €140,528 to €18,545
- Other debts +€24,000
new in 2025: €24,000
- Tax, wage and social debts -€14,967
down €14,967 (-42.0%), from €35,601 to €20,635
- Gross operating margin -€54,435
down €54,435 (-93.5%), from €58,191 to €3,756
- Taxes -€11,243
down €11,243 (-89.8%), from €12,513 to €1,271
- Financial income -€676
down €676 (-55.5%), from €1,217 to €541
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 | €180,946 | €66,821 | -€114,125 | -63.1% |
| Fixed assets | 21/28 | €339 | €3 | -€336 | -99.2% |
| Tangible fixed assets | 22/27 | €339 | €3 | -€336 | -99.2% |
| Furniture and vehicles | 24 | €339 | €3 | -€336 | -99.2% |
| Current assets | 29/58 | €180,607 | €66,818 | -€113,789 | -63.0% |
| Amounts receivable after more than one year | 29 | €13,000 | €13,000 | = | 0.0% |
| Other amounts receivable | 291 | €13,000 | €13,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €39,320 | €28,987 | -€10,333 | -26.3% |
| Trade receivables | 40 | €15,585 | €10,844 | -€4,741 | -30.4% |
| Other amounts receivable | 41 | €23,735 | €18,143 | -€5,592 | -23.6% |
| Cash at bank and in hand | 54/58 | €128,039 | €24,258 | -€103,781 | -81.1% |
| Deferred charges and accrued income | 490/1 | €249 | €574 | +€325 | +130.8% |
| Total equity and liabilities | 10/49 | €180,946 | €66,821 | -€114,125 | -63.1% |
| Equity | 10/15 | €142,528 | €20,545 | -€121,983 | -85.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,528 | €18,545 | -€121,983 | -86.8% |
| Amounts payable | 17/49 | €38,418 | €46,276 | +€7,858 | +20.5% |
| Amounts payable within one year | 42/48 | €37,418 | €45,276 | +€7,858 | +21.0% |
| Trade debts | 44 | €1,817 | €642 | -€1,175 | -64.7% |
| Suppliers | 440/4 | €1,817 | €642 | -€1,175 | -64.7% |
| Taxes, remuneration and social security | 45 | €35,601 | €20,635 | -€14,967 | -42.0% |
| Taxes | 450/3 | €35,601 | €20,635 | -€14,967 | -42.0% |
| Other amounts payable | 47/48 | - | €24,000 | +€24,000 | |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €336 | €336 | = | 0.0% |
| Other operating charges | 640/8 | €242 | €611 | +€369 | +152.4% |
| Gross operating margin | 9900 | €58,191 | €3,756 | -€54,435 | -93.5% |
| Operating profit (loss) | 9901 | €57,612 | €2,808 | -€54,804 | -95.1% |
| Financial income | 75/76B | €1,217 | €541 | -€676 | -55.5% |
| Recurring financial income | 75 | €1,217 | €541 | -€676 | -55.5% |
| Financial charges | 65/66B | €759 | €855 | +€96 | +12.7% |
| Recurring financial charges | 65 | €759 | €855 | +€96 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €58,070 | €2,494 | -€55,576 | -95.7% |
| Income taxes | 67/77 | €12,513 | €1,271 | -€11,243 | -89.8% |
| Profit (loss) for the period | 9904 | €45,557 | €1,223 | -€44,333 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,557 | €1,223 | -€44,333 | -97.3% |
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 8 October 2026 via checked.be.