AlterElectra: 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.
AlterElectra
Largest movements
- Stocks and contracts -€119,603
down €119,603 (-73.3%), from €163,197 to €43,594
- Cash +€113,342
up €113,342 (+280%), from €40,515 to €153,857
mainly Stocks and contracts (+€119,603) and Trade debts (+€58,135)
- Receivables within one year +€51,046
up €51,046 (+16.5%), from €308,613 to €359,658
of which Trade receivables: +€33,143
- Tangible fixed assets -€13,104
down €13,104 (-26.0%), from €50,469 to €37,365
of which Furniture and vehicles: -€12,549
- Deferred charges and accrued income +€6,417
up €6,417 (+71.2%), from €9,014 to €15,431
- Tax, wage and social debts -€79,338
down €79,338 (-90.2%), from €87,911 to €8,573
of which Remuneration and social security: -€82,939
- Trade debts +€58,135
up €58,135 (+42.2%), from €137,845 to €195,980
- Other debts +€52,867
up €52,867 (+11.6%), from €454,290 to €507,157
- Profit (loss) carried forward +€6,432
up €6,432 (+3.8%), from -€171,213 to -€164,781
- Staff costs +€108,791
up €108,791 (+1,062%), from €10,240 to €119,031
- Gross operating margin +€86,039
up €86,039 (+153%), from €56,103 to €142,142
- Financial income -€14,696
down €14,696 (-74.5%), from €19,729 to €5,032
- Depreciation +€7,554
up €7,554 (+80.9%), from €9,342 to €16,896
- Other operating charges -€6,831
down €6,831 (-78.2%), from €8,731 to €1,900
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €573,058 | €611,155 | +€38,097 | +6.6% |
| Fixed assets | 21/28 | €51,719 | €38,615 | -€13,104 | -25.3% |
| Tangible fixed assets | 22/27 | €50,469 | €37,365 | -€13,104 | -26.0% |
| Land and buildings | 22 | €817 | €632 | -€185 | -22.6% |
| Plant, machinery and equipment | 23 | €1,040 | €670 | -€371 | -35.6% |
| Furniture and vehicles | 24 | €48,612 | €36,063 | -€12,549 | -25.8% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €521,339 | €572,540 | +€51,202 | +9.8% |
| Stocks and contracts in progress | 3 | €163,197 | €43,594 | -€119,603 | -73.3% |
| Stocks | 30/36 | €163,197 | €43,594 | -€119,603 | -73.3% |
| Amounts receivable within one year | 40/41 | €308,613 | €359,658 | +€51,046 | +16.5% |
| Trade receivables | 40 | €303,408 | €336,550 | +€33,143 | +10.9% |
| Other amounts receivable | 41 | €5,205 | €23,108 | +€17,903 | +344% |
| Cash at bank and in hand | 54/58 | €40,515 | €153,857 | +€113,342 | +280% |
| Deferred charges and accrued income | 490/1 | €9,014 | €15,431 | +€6,417 | +71.2% |
| Total equity and liabilities | 10/49 | €573,058 | €611,155 | +€38,097 | +6.6% |
| Equity | 10/15 | -€107,140 | -€100,708 | +€6,432 | +6.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €51,674 | €51,674 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,447 | €2,447 | = | 0.0% |
| Legal reserve | 130 | €1,274 | €1,274 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,173 | €1,173 | = | 0.0% |
| Distributable reserves | 133 | €49,227 | €49,227 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€171,213 | -€164,781 | +€6,432 | +3.8% |
| Amounts payable | 17/49 | €680,198 | €711,863 | +€31,665 | +4.7% |
| Amounts payable within one year | 42/48 | €680,046 | €711,711 | +€31,665 | +4.7% |
| Trade debts | 44 | €137,845 | €195,980 | +€58,135 | +42.2% |
| Suppliers | 440/4 | €137,845 | €195,980 | +€58,135 | +42.2% |
| Taxes, remuneration and social security | 45 | €87,911 | €8,573 | -€79,338 | -90.2% |
| Taxes | 450/3 | €580 | €4,181 | +€3,601 | +621% |
| Remuneration and social security | 454/9 | €87,331 | €4,392 | -€82,939 | -95.0% |
| Other amounts payable | 47/48 | €454,290 | €507,157 | +€52,867 | +11.6% |
| Accrued charges and deferred income | 492/3 | €151 | €152 | +€1 | +0.3% |
| Remuneration, social security and pensions | 62 | €10,240 | €119,031 | +€108,791 | +1,062% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,342 | €16,896 | +€7,554 | +80.9% |
| Other operating charges | 640/8 | €8,731 | €1,900 | -€6,831 | -78.2% |
| Non-recurring operating charges | 66A | €2,780 | €1,867 | -€913 | -32.8% |
| Gross operating margin | 9900 | €56,103 | €142,142 | +€86,039 | +153% |
| Operating profit (loss) | 9901 | €25,009 | €2,447 | -€22,562 | -90.2% |
| Financial income | 75/76B | €19,729 | €5,032 | -€14,696 | -74.5% |
| Recurring financial income | 75 | €19,729 | €5,032 | -€14,696 | -74.5% |
| Financial charges | 65/66B | €1,088 | €520 | -€567 | -52.2% |
| Recurring financial charges | 65 | €1,088 | €520 | -€567 | -52.2% |
| Profit (loss) for the period before taxes | 9903 | €43,650 | €6,959 | -€36,691 | -84.1% |
| Income taxes | 67/77 | €550 | €527 | -€23 | -4.2% |
| Profit (loss) for the period | 9904 | €43,100 | €6,432 | -€36,667 | -85.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,100 | €6,432 | -€36,667 | -85.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.