ALL-ELEC: 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.
ALL-ELEC
Largest movements
- Stocks and contracts -€52,605
down €52,605 (-50.2%), from €104,859 to €52,254
of which Contracts in progress: -€54,327
- Receivables within one year +€37,058
up €37,058 (+168.2%), from €22,035 to €59,092
of which Trade receivables: +€38,934
- Tangible fixed assets -€27,831
down €27,831 (-11.8%), from €236,822 to €208,992
of which Leasing and similar rights: -€14,031
- Debts after one year -€16,894
down €16,894 (-32.5%), from €51,954 to €35,061
- Tax, wage and social debts -€10,683
down €10,683 (-53.6%), from €19,916 to €9,233
of which Remuneration and social security: -€7,589
- Other debts -€6,897
down €6,897 (-9.3%), from €74,432 to €67,535
- Current portion of long-term debt -€5,674
down €5,674 (-25.1%), from €22,568 to €16,894
- Staff costs -€38,738
down €38,738 (-35.4%), from €109,341 to €70,603
- Gross operating margin -€35,950
down €35,950 (-24.9%), from €144,116 to €108,166
- Depreciation +€4,774
up €4,774 (+20.7%), from €23,057 to €27,831
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 | €387,909 | €349,185 | -€38,724 | -10.0% |
| Fixed assets | 21/28 | €236,822 | €208,992 | -€27,831 | -11.8% |
| Tangible fixed assets | 22/27 | €236,822 | €208,992 | -€27,831 | -11.8% |
| Land and buildings | 22 | €150,655 | €144,450 | -€6,205 | -4.1% |
| Plant, machinery and equipment | 23 | €17,503 | €14,589 | -€2,914 | -16.6% |
| Furniture and vehicles | 24 | €7,198 | €2,517 | -€4,681 | -65.0% |
| Leasing and similar rights | 25 | €61,466 | €47,436 | -€14,031 | -22.8% |
| Current assets | 29/58 | €151,086 | €140,193 | -€10,893 | -7.2% |
| Stocks and contracts in progress | 3 | €104,859 | €52,254 | -€52,605 | -50.2% |
| Stocks | 30/36 | €40,532 | €42,254 | +€1,722 | +4.2% |
| Contracts in progress | 37 | €64,327 | €10,000 | -€54,327 | -84.5% |
| Amounts receivable within one year | 40/41 | €22,035 | €59,092 | +€37,058 | +168.2% |
| Trade receivables | 40 | €11,401 | €50,335 | +€38,934 | +341.5% |
| Other amounts receivable | 41 | €10,633 | €8,757 | -€1,876 | -17.6% |
| Cash at bank and in hand | 54/58 | €18,444 | €21,333 | +€2,889 | +15.7% |
| Deferred charges and accrued income | 490/1 | €5,749 | €7,514 | +€1,766 | +30.7% |
| Total equity and liabilities | 10/49 | €387,909 | €349,185 | -€38,724 | -10.0% |
| Equity | 10/15 | €184,388 | €185,037 | +€649 | +0.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €165,796 | €166,445 | +€649 | +0.4% |
| Distributable reserves | 133 | €165,796 | €166,445 | +€649 | +0.4% |
| Amounts payable | 17/49 | €203,520 | €164,147 | -€39,373 | -19.3% |
| Amounts payable after more than one year | 17 | €51,954 | €35,061 | -€16,894 | -32.5% |
| Financial debts | 170/4 | €51,954 | €35,061 | -€16,894 | -32.5% |
| Amounts payable within one year | 42/48 | €151,446 | €129,046 | -€22,400 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €22,568 | €16,894 | -€5,674 | -25.1% |
| Trade debts | 44 | €34,530 | €35,385 | +€854 | +2.5% |
| Suppliers | 440/4 | €34,530 | €35,385 | +€854 | +2.5% |
| Taxes, remuneration and social security | 45 | €19,916 | €9,233 | -€10,683 | -53.6% |
| Taxes | 450/3 | €4,864 | €1,769 | -€3,094 | -63.6% |
| Remuneration and social security | 454/9 | €15,053 | €7,464 | -€7,589 | -50.4% |
| Other amounts payable | 47/48 | €74,432 | €67,535 | -€6,897 | -9.3% |
| Accrued charges and deferred income | 492/3 | €120 | €41 | -€79 | -65.8% |
| Non-recurring operating income | 76A | €5,561 | - | -€5,561 | |
| Remuneration, social security and pensions | 62 | €109,341 | €70,603 | -€38,738 | -35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,057 | €27,831 | +€4,774 | +20.7% |
| Other operating charges | 640/8 | €2,744 | €2,739 | -€5 | -0.2% |
| Gross operating margin | 9900 | €144,116 | €108,166 | -€35,950 | -24.9% |
| Operating profit (loss) | 9901 | €8,974 | €6,993 | -€1,981 | -22.1% |
| Financial income | 75/76B | €63 | €1 | -€62 | -98.4% |
| Recurring financial income | 75 | €63 | €1 | -€62 | -98.4% |
| Financial charges | 65/66B | €3,758 | €4,565 | +€808 | +21.5% |
| Recurring financial charges | 65 | €3,758 | €4,565 | +€808 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | €5,280 | €2,429 | -€2,851 | -54.0% |
| Income taxes | 67/77 | €1,957 | €1,779 | -€177 | -9.1% |
| Profit (loss) for the period | 9904 | €3,323 | €649 | -€2,674 | -80.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,323 | €649 | -€2,674 | -80.5% |
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.