AR Elektro: 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.
AR Elektro
Largest movements
- Receivables within one year +€29,032
up €29,032 (+140%), from €20,665 to €49,697
of which Trade receivables: +€21,433
- Deferred charges and accrued income +€19,448
up €19,448 (+157%), from €12,354 to €31,802
- Cash -€13,803
down €13,803 (-14.3%), from €96,634 to €82,831
mainly Receivables within one year (-€29,032) and Deferred charges and accrued income (-€19,448)
- Tangible fixed assets -€11,841
down €11,841 (-18.4%), from €64,303 to €52,461
of which Furniture and vehicles: -€12,549
- Stocks and contracts +€4,153
up €4,153 (+39.5%), from €10,520 to €14,673
- Reserves +€42,823
up €42,823 (+39.4%), from €108,713 to €151,536
- Trade debts -€12,971
down €12,971 (-21.6%), from €60,048 to €47,076
- Debts after one year -€8,047
down €8,047 (-43.0%), from €18,731 to €10,684
- Tax, wage and social debts +€4,866
up €4,866 (+158%), from €3,085 to €7,951
- Depreciation +€3,834
up €3,834 (+37.4%), from €10,249 to €14,082
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 | €204,506 | €231,495 | +€26,989 | +13.2% |
| Fixed assets | 21/28 | €64,333 | €52,491 | -€11,841 | -18.4% |
| Tangible fixed assets | 22/27 | €64,303 | €52,461 | -€11,841 | -18.4% |
| Plant, machinery and equipment | 23 | €7,992 | €4,498 | -€3,495 | -43.7% |
| Furniture and vehicles | 24 | €43,441 | €30,893 | -€12,549 | -28.9% |
| Other tangible fixed assets | 26 | €12,869 | €17,071 | +€4,202 | +32.7% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €140,173 | €179,003 | +€38,830 | +27.7% |
| Stocks and contracts in progress | 3 | €10,520 | €14,673 | +€4,153 | +39.5% |
| Stocks | 30/36 | €10,520 | €14,673 | +€4,153 | +39.5% |
| Amounts receivable within one year | 40/41 | €20,665 | €49,697 | +€29,032 | +140% |
| Trade receivables | 40 | €8,750 | €30,183 | +€21,433 | +245% |
| Other amounts receivable | 41 | €11,915 | €19,514 | +€7,599 | +63.8% |
| Cash at bank and in hand | 54/58 | €96,634 | €82,831 | -€13,803 | -14.3% |
| Deferred charges and accrued income | 490/1 | €12,354 | €31,802 | +€19,448 | +157% |
| Total equity and liabilities | 10/49 | €204,506 | €231,495 | +€26,989 | +13.2% |
| Equity | 10/15 | €114,913 | €157,736 | +€42,823 | +37.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €108,713 | €151,536 | +€42,823 | +39.4% |
| Distributable reserves | 133 | €108,713 | €151,536 | +€42,823 | +39.4% |
| Amounts payable | 17/49 | €89,593 | €73,759 | -€15,834 | -17.7% |
| Amounts payable after more than one year | 17 | €18,731 | €10,684 | -€8,047 | -43.0% |
| Financial debts | 170/4 | €18,731 | €10,684 | -€8,047 | -43.0% |
| Amounts payable within one year | 42/48 | €70,862 | €63,075 | -€7,787 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €7,729 | €8,047 | +€319 | +4.1% |
| Trade debts | 44 | €60,048 | €47,076 | -€12,971 | -21.6% |
| Suppliers | 440/4 | €60,048 | €47,076 | -€12,971 | -21.6% |
| Taxes, remuneration and social security | 45 | €3,085 | €7,951 | +€4,866 | +158% |
| Taxes | 450/3 | €3,085 | €7,951 | +€4,866 | +158% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,249 | €14,082 | +€3,834 | +37.4% |
| Other operating charges | 640/8 | €1,864 | €1,189 | -€675 | -36.2% |
| Gross operating margin | 9900 | €75,373 | €75,278 | -€95 | -0.1% |
| Operating profit (loss) | 9901 | €63,260 | €60,006 | -€3,254 | -5.1% |
| Financial income | 75/76B | €12 | €160 | +€147 | +1,215% |
| Recurring financial income | 75 | €12 | €160 | +€147 | +1,215% |
| Financial charges | 65/66B | €1,421 | €1,079 | -€342 | -24.1% |
| Recurring financial charges | 65 | €1,421 | €1,079 | -€342 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €61,851 | €59,086 | -€2,765 | -4.5% |
| Income taxes | 67/77 | €16,494 | €16,263 | -€231 | -1.4% |
| Profit (loss) for the period | 9904 | €45,357 | €42,823 | -€2,534 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,357 | €42,823 | -€2,534 | -5.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.