Automation Control Electronics: 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.
Automation Control Electronics
Largest movements
- Cash +€66,814
up €66,814 (+68.0%), from €98,259 to €165,074
mainly Depreciation (+€54,762) and Net result for the year (+€43,353)
- Receivables within one year -€13,261
down €13,261 (-9.1%), from €146,085 to €132,824
of which Trade receivables: -€17,925
- Reserves +€43,353
up €43,353 (+14.9%), from €291,474 to €334,828
- Investment grants +€19,949
new in 2025: €19,949
- Other debts -€16,274
down €16,274 (-100.0%), from €16,274 to €0
- Gross operating margin +€37,486
up €37,486 (+37.1%), from €101,150 to €138,636
- Depreciation +€13,143
up €13,143 (+31.6%), from €41,620 to €54,762
- Taxes +€7,702
up €7,702 (+57.3%), from €13,450 to €21,152
- Financial charges +€3,628
up €3,628 (+27.4%), from €13,254 to €16,882
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 | €986,381 | €1,045,146 | +€58,765 | +6.0% |
| Fixed assets | 21/28 | €722,110 | €722,551 | +€441 | +0.1% |
| Tangible fixed assets | 22/27 | €721,300 | €721,741 | +€441 | +0.1% |
| Land and buildings | 22 | €598,212 | €567,719 | -€30,493 | -5.1% |
| Plant, machinery and equipment | 23 | €123,088 | €154,022 | +€30,934 | +25.1% |
| Financial fixed assets | 28 | €810 | €810 | = | 0.0% |
| Current assets | 29/58 | €264,271 | €322,595 | +€58,324 | +22.1% |
| Stocks and contracts in progress | 3 | €18,251 | €24,385 | +€6,134 | +33.6% |
| Stocks | 30/36 | €18,251 | €24,385 | +€6,134 | +33.6% |
| Amounts receivable within one year | 40/41 | €146,085 | €132,824 | -€13,261 | -9.1% |
| Trade receivables | 40 | €146,085 | €128,160 | -€17,925 | -12.3% |
| Other amounts receivable | 41 | - | €4,664 | +€4,664 | |
| Cash at bank and in hand | 54/58 | €98,259 | €165,074 | +€66,814 | +68.0% |
| Deferred charges and accrued income | 490/1 | €1,676 | €312 | -€1,364 | -81.4% |
| Total equity and liabilities | 10/49 | €986,381 | €1,045,146 | +€58,765 | +6.0% |
| Equity | 10/15 | €313,997 | €377,299 | +€63,302 | +20.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €291,474 | €334,828 | +€43,353 | +14.9% |
| Distributable reserves | 133 | €291,474 | €334,828 | +€43,353 | +14.9% |
| Profit (loss) carried forward | 14 | €2,063 | €2,063 | = | 0.0% |
| Investment grants | 15 | - | €19,949 | +€19,949 | |
| Amounts payable | 17/49 | €672,384 | €667,847 | -€4,537 | -0.7% |
| Amounts payable after more than one year | 17 | €523,952 | €532,711 | +€8,759 | +1.7% |
| Financial debts | 170/4 | €523,952 | €532,711 | +€8,759 | +1.7% |
| Amounts payable within one year | 42/48 | €148,432 | €135,136 | -€13,296 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €33,149 | €38,180 | +€5,031 | +15.2% |
| Trade debts | 44 | €42,469 | €35,089 | -€7,380 | -17.4% |
| Suppliers | 440/4 | €42,469 | €35,089 | -€7,380 | -17.4% |
| Taxes, remuneration and social security | 45 | €56,540 | €61,866 | +€5,326 | +9.4% |
| Taxes | 450/3 | €56,540 | €61,866 | +€5,326 | +9.4% |
| Other amounts payable | 47/48 | €16,274 | €0 | -€16,274 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,620 | €54,762 | +€13,143 | +31.6% |
| Other operating charges | 640/8 | €1,681 | €2,487 | +€806 | +47.9% |
| Gross operating margin | 9900 | €101,150 | €138,636 | +€37,486 | +37.1% |
| Operating profit (loss) | 9901 | €57,849 | €81,387 | +€23,538 | +40.7% |
| Financial income | 75/76B | €144 | €1 | -€143 | -99.6% |
| Recurring financial income | 75 | €144 | €1 | -€143 | -99.6% |
| Financial charges | 65/66B | €13,254 | €16,882 | +€3,628 | +27.4% |
| Recurring financial charges | 65 | €13,254 | €16,882 | +€3,628 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | €44,738 | €64,505 | +€19,767 | +44.2% |
| Income taxes | 67/77 | €13,450 | €21,152 | +€7,702 | +57.3% |
| Profit (loss) for the period | 9904 | €31,288 | €43,353 | +€12,065 | +38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,288 | €43,353 | +€12,065 | +38.6% |
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 4 October 2026 via checked.be.