CELECTRICS: 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.
CELECTRICS
Largest movements
- Tangible fixed assets -€9,890
down €9,890 (-21.1%), from €46,852 to €36,962
of which Furniture and vehicles: -€7,740
- Receivables within one year -€9,249
down €9,249 (-14.4%), from €64,353 to €55,104
of which Trade receivables: -€10,652
- Cash -€4,984
down €4,984 (-98.2%), from €5,075 to €91
mainly Trade debts (-€14,593) and Debts after one year (-€9,722)
- Trade debts -€14,593
down €14,593 (-47.3%), from €30,837 to €16,245
- Debts after one year -€9,722
down €9,722 (-34.4%), from €28,292 to €18,569
- Other debts +€7,498
up €7,498, from €0 to €7,498
- Tax, wage and social debts -€4,678
down €4,678 (-82.5%), from €5,672 to €994
of which Taxes: -€2,481
- Profit (loss) carried forward -€3,718
down €3,718 (-26.7%), from €13,930 to €10,213
- Gross operating margin -€14,504
down €14,504 (-38.0%), from €38,210 to €23,706
- Taxes -€3,052
down €3,052 (-100%), from €3,052 to €0
- Staff costs -€2,555
down €2,555 (-22.4%), from €11,388 to €8,833
- Other operating charges +€1,797
up €1,797 (+137%), from €1,307 to €3,104
- Depreciation +€1,006
up €1,006 (+8.0%), from €12,617 to €13,623
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 | €132,134 | €108,117 | -€24,017 | -18.2% |
| Fixed assets | 21/28 | €46,852 | €36,962 | -€9,890 | -21.1% |
| Tangible fixed assets | 22/27 | €46,852 | €36,962 | -€9,890 | -21.1% |
| Land and buildings | 22 | €1,799 | €1,399 | -€400 | -22.3% |
| Plant, machinery and equipment | 23 | €12,080 | €10,330 | -€1,750 | -14.5% |
| Furniture and vehicles | 24 | €32,973 | €25,233 | -€7,740 | -23.5% |
| Current assets | 29/58 | €85,283 | €71,156 | -€14,127 | -16.6% |
| Stocks and contracts in progress | 3 | €14,281 | €15,010 | +€729 | +5.1% |
| Stocks | 30/36 | €14,281 | €15,010 | +€729 | +5.1% |
| Amounts receivable within one year | 40/41 | €64,353 | €55,104 | -€9,249 | -14.4% |
| Trade receivables | 40 | €45,610 | €34,958 | -€10,652 | -23.4% |
| Other amounts receivable | 41 | €18,743 | €20,147 | +€1,403 | +7.5% |
| Cash at bank and in hand | 54/58 | €5,075 | €91 | -€4,984 | -98.2% |
| Deferred charges and accrued income | 490/1 | €1,574 | €951 | -€624 | -39.6% |
| Total equity and liabilities | 10/49 | €132,134 | €108,117 | -€24,017 | -18.2% |
| Equity | 10/15 | €55,436 | €51,719 | -€3,718 | -6.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35,306 | €35,306 | = | 0.0% |
| Distributable reserves | 133 | €35,306 | €35,306 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,930 | €10,213 | -€3,718 | -26.7% |
| Amounts payable | 17/49 | €76,698 | €56,399 | -€20,299 | -26.5% |
| Amounts payable after more than one year | 17 | €28,292 | €18,569 | -€9,722 | -34.4% |
| Financial debts | 170/4 | €28,292 | €18,569 | -€9,722 | -34.4% |
| Amounts payable within one year | 42/48 | €48,406 | €37,829 | -€10,577 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €11,897 | €13,093 | +€1,196 | +10.1% |
| Trade debts | 44 | €30,837 | €16,245 | -€14,593 | -47.3% |
| Suppliers | 440/4 | €30,837 | €16,245 | -€14,593 | -47.3% |
| Taxes, remuneration and social security | 45 | €5,672 | €994 | -€4,678 | -82.5% |
| Taxes | 450/3 | €2,710 | €229 | -€2,481 | -91.6% |
| Remuneration and social security | 454/9 | €2,962 | €765 | -€2,197 | -74.2% |
| Other amounts payable | 47/48 | €0 | €7,498 | +€7,498 | |
| Remuneration, social security and pensions | 62 | €11,388 | €8,833 | -€2,555 | -22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,617 | €13,623 | +€1,006 | +8.0% |
| Other operating charges | 640/8 | €1,307 | €3,104 | +€1,797 | +137% |
| Gross operating margin | 9900 | €38,210 | €23,706 | -€14,504 | -38.0% |
| Operating profit (loss) | 9901 | €12,898 | -€1,854 | -€14,752 | |
| Financial income | 75/76B | €93 | €60 | -€33 | -35.3% |
| Recurring financial income | 75 | €93 | €60 | -€33 | -35.3% |
| Financial charges | 65/66B | €2,555 | €1,924 | -€631 | -24.7% |
| Recurring financial charges | 65 | €2,555 | €1,924 | -€631 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €10,436 | -€3,718 | -€14,154 | |
| Income taxes | 67/77 | €3,052 | €0 | -€3,052 | -100% |
| Profit (loss) for the period | 9904 | €7,384 | -€3,718 | -€11,101 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,384 | -€3,718 | -€11,101 |
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 14 October 2026 via checked.be.