EBS 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.
EBS ELEC
Largest movements
- Cash +€96,226
up €96,226 (+171%), from €56,392 to €152,618
mainly Net result for the year (+€77,217) and Receivables within one year (+€30,469)
- Receivables within one year -€30,469
down €30,469 (-53.5%), from €56,994 to €26,525
of which Trade receivables: -€27,003
- Tangible fixed assets +€3,609
up €3,609 (+398%), from €907 to €4,516
of which Plant, machinery and equipment: +€4,017
- Reserves +€77,217
new in 2025: €77,217
- Trade debts -€38,608
down €38,608 (-98.0%), from €39,398 to €791
- Tax, wage and social debts +€21,017
up €21,017 (+182%), from €11,519 to €32,536
of which Taxes: +€14,543
- Short-term financial debts +€9,000
up €9,000 (+56.3%), from €16,000 to €25,000
- Gross operating margin +€106,485
up €106,485 (+54.9%), from €193,943 to €300,428
- Staff costs +€42,308
up €42,308 (+29.3%), from €144,209 to €186,516
- Taxes +€22,070
up €22,070 (+176%), from €12,534 to €34,604
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 | €115,034 | €183,659 | +€68,626 | +59.7% |
| Fixed assets | 21/28 | €907 | €4,516 | +€3,609 | +398% |
| Tangible fixed assets | 22/27 | €907 | €4,516 | +€3,609 | +398% |
| Plant, machinery and equipment | 23 | - | €4,017 | +€4,017 | |
| Furniture and vehicles | 24 | €907 | €500 | -€407 | -44.9% |
| Current assets | 29/58 | €114,126 | €179,143 | +€65,017 | +57.0% |
| Amounts receivable within one year | 40/41 | €56,994 | €26,525 | -€30,469 | -53.5% |
| Trade receivables | 40 | €53,527 | €26,525 | -€27,003 | -50.4% |
| Other amounts receivable | 41 | €3,466 | - | -€3,466 | |
| Cash at bank and in hand | 54/58 | €56,392 | €152,618 | +€96,226 | +171% |
| Deferred charges and accrued income | 490/1 | €740 | - | -€740 | |
| Total equity and liabilities | 10/49 | €115,034 | €183,659 | +€68,626 | +59.7% |
| Equity | 10/15 | €48,117 | €125,333 | +€77,217 | +160% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €77,217 | +€77,217 | |
| Distributable reserves | 133 | - | €77,217 | +€77,217 | |
| Profit (loss) carried forward | 14 | €38,117 | €38,117 | = | 0.0% |
| Amounts payable | 17/49 | €66,917 | €58,326 | -€8,591 | -12.8% |
| Amounts payable within one year | 42/48 | €66,917 | €58,326 | -€8,591 | -12.8% |
| Financial debts | 43 | €16,000 | €25,000 | +€9,000 | +56.3% |
| Credit institutions | 430/8 | €16,000 | €25,000 | +€9,000 | +56.3% |
| Trade debts | 44 | €39,398 | €791 | -€38,608 | -98.0% |
| Suppliers | 440/4 | €39,398 | €791 | -€38,608 | -98.0% |
| Taxes, remuneration and social security | 45 | €11,519 | €32,536 | +€21,017 | +182% |
| Taxes | 450/3 | €6,311 | €20,855 | +€14,543 | +230% |
| Remuneration and social security | 454/9 | €5,208 | €11,681 | +€6,473 | +124% |
| Remuneration, social security and pensions | 62 | €144,209 | €186,516 | +€42,308 | +29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €315 | €714 | +€399 | +127% |
| Other operating charges | 640/8 | €442 | €859 | +€417 | +94.3% |
| Gross operating margin | 9900 | €193,943 | €300,428 | +€106,485 | +54.9% |
| Operating profit (loss) | 9901 | €48,977 | €112,338 | +€63,361 | +129% |
| Financial income | 75/76B | €1 | €0 | -€0 | -98.0% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -98.0% |
| Financial charges | 65/66B | €81 | €518 | +€437 | +539% |
| Recurring financial charges | 65 | €81 | €518 | +€437 | +539% |
| Profit (loss) for the period before taxes | 9903 | €48,896 | €111,820 | +€62,924 | +129% |
| Income taxes | 67/77 | €12,534 | €34,604 | +€22,070 | +176% |
| Profit (loss) for the period | 9904 | €36,363 | €77,217 | +€40,854 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €36,363 | €77,217 | +€40,854 | +112% |
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 16 October 2026 via checked.be.