ALL - 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.
ALL - ELEC
Largest movements
- Cash +€57,741
up €57,741 (+20.5%), from €281,442 to €339,184
mainly Trade debts (+€44,366) and Net result for the year (+€26,373)
- Receivables within one year +€11,482
up €11,482 (+4.7%), from €244,138 to €255,620
of which Other amounts receivable: +€9,725
- Trade debts +€44,366
up €44,366 (+517%), from €8,586 to €52,951
- Reserves +€26,373
up €26,373 (+5.9%), from €443,952 to €470,325
of which Distributable reserves: +€26,373
- Tax, wage and social debts -€6,533
down €6,533 (-68.6%), from €9,517 to €2,984
of which Remuneration and social security: -€6,641
- Gross operating margin -€44,152
down €44,152 (-52.0%), from €84,862 to €40,710
- Taxes -€6,924
down €6,924 (-42.0%), from €16,483 to €9,560
- Other operating charges -€2,228
down €2,228 (-46.9%), from €4,747 to €2,519
- Financial charges -€1,758
down €1,758 (-47.1%), from €3,729 to €1,971
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 | €540,734 | €609,564 | +€68,830 | +12.7% |
| Fixed assets | 21/28 | €4,244 | €3,041 | -€1,203 | -28.3% |
| Tangible fixed assets | 22/27 | €4,244 | €3,041 | -€1,203 | -28.3% |
| Plant, machinery and equipment | 23 | €418 | €223 | -€195 | -46.6% |
| Furniture and vehicles | 24 | €530 | €269 | -€261 | -49.3% |
| Other tangible fixed assets | 26 | €3,297 | €2,550 | -€747 | -22.7% |
| Current assets | 29/58 | €536,490 | €606,523 | +€70,033 | +13.1% |
| Stocks and contracts in progress | 3 | €7,824 | €7,949 | +€125 | +1.6% |
| Stocks | 30/36 | €7,824 | €7,949 | +€125 | +1.6% |
| Amounts receivable within one year | 40/41 | €244,138 | €255,620 | +€11,482 | +4.7% |
| Trade receivables | 40 | €116,816 | €118,572 | +€1,757 | +1.5% |
| Other amounts receivable | 41 | €127,322 | €137,048 | +€9,725 | +7.6% |
| Cash at bank and in hand | 54/58 | €281,442 | €339,184 | +€57,741 | +20.5% |
| Deferred charges and accrued income | 490/1 | €3,085 | €3,770 | +€685 | +22.2% |
| Total equity and liabilities | 10/49 | €540,734 | €609,564 | +€68,830 | +12.7% |
| Equity | 10/15 | €506,452 | €532,825 | +€26,373 | +5.2% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €443,952 | €470,325 | +€26,373 | +5.9% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €437,702 | €464,075 | +€26,373 | +6.0% |
| Amounts payable | 17/49 | €34,282 | €76,739 | +€42,457 | +124% |
| Amounts payable within one year | 42/48 | €34,282 | €76,739 | +€42,457 | +124% |
| Financial debts | 43 | €8,378 | €8,408 | +€31 | +0.4% |
| Credit institutions | 430/8 | €8,378 | €8,408 | +€31 | +0.4% |
| Trade debts | 44 | €8,586 | €52,951 | +€44,366 | +517% |
| Suppliers | 440/4 | €8,586 | €52,951 | +€44,366 | +517% |
| Advances received on contracts in progress | 46 | - | €175 | +€175 | |
| Taxes, remuneration and social security | 45 | €9,517 | €2,984 | -€6,533 | -68.6% |
| Taxes | 450/3 | €2,876 | €2,984 | +€108 | +3.8% |
| Remuneration and social security | 454/9 | €6,641 | €0 | -€6,641 | -100% |
| Other amounts payable | 47/48 | €7,802 | €12,220 | +€4,418 | +56.6% |
| Non-recurring operating income | 76A | €1,580 | €0 | -€1,580 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €895 | €1,203 | +€308 | +34.4% |
| Other operating charges | 640/8 | €4,747 | €2,519 | -€2,228 | -46.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €84,862 | €40,710 | -€44,152 | -52.0% |
| Operating profit (loss) | 9901 | €79,220 | €36,988 | -€42,232 | -53.3% |
| Financial income | 75/76B | €1,078 | €916 | -€162 | -15.1% |
| Recurring financial income | 75 | €1,078 | €916 | -€162 | -15.1% |
| Financial charges | 65/66B | €3,729 | €1,971 | -€1,758 | -47.1% |
| Recurring financial charges | 65 | €3,729 | €1,971 | -€1,758 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | €76,569 | €35,933 | -€40,636 | -53.1% |
| Income taxes | 67/77 | €16,483 | €9,560 | -€6,924 | -42.0% |
| Profit (loss) for the period | 9904 | €60,086 | €26,373 | -€33,712 | -56.1% |
| Profit (loss) for the period to be appropriated | 9905 | €60,086 | €26,373 | -€33,712 | -56.1% |
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 20 October 2026 via checked.be.