EDJ 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.
EDJ ELEKTRO
Largest movements
- Current investments +€75,000
new in 2025: €75,000
- Cash -€63,736
down €63,736 (-56.6%), from €112,613 to €48,877
mainly Current investments (-€75,000) and Receivables within one year (-€53,372)
- Receivables within one year +€53,372
up €53,372 (+117%), from €45,709 to €99,081
of which Trade receivables: +€50,255
- Stocks and contracts +€17,742
up €17,742 (+133%), from €13,326 to €31,067
of which Contracts in progress: +€16,100
- Tangible fixed assets -€10,966
down €10,966 (-33.9%), from €32,332 to €21,366
of which Furniture and vehicles: -€12,356
- Trade debts +€62,561
up €62,561 (+136%), from €45,872 to €108,433
- Reserves +€43,622
up €43,622 (+62.5%), from €69,773 to €113,395
- Current portion of long-term debt -€18,000
no longer reported in 2025 (was €18,000)
- Debts after one year -€17,500
down €17,500 (-35.0%), from €50,000 to €32,500
- Gross operating margin -€31,217
down €31,217 (-27.9%), from €111,971 to €80,754
- Financial charges +€11,926
up €11,926 (+12,433%), from €96 to €12,022
of which Non-recurring financial charges: +€8,152
- Write-downs -€8,417
no longer reported in 2025 (was €8,417)
- Taxes -€6,657
down €6,657 (-37.2%), from €17,908 to €11,252
- Depreciation -€1,498
down €1,498 (-9.8%), from €15,243 to €13,745
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 | €204,220 | €276,009 | +€71,789 | +35.2% |
| Fixed assets | 21/28 | €32,333 | €21,685 | -€10,648 | -32.9% |
| Intangible fixed assets | 21 | €1 | €1 | -€0 | -11.1% |
| Tangible fixed assets | 22/27 | €32,332 | €21,366 | -€10,966 | -33.9% |
| Plant, machinery and equipment | 23 | €2,003 | €3,394 | +€1,391 | +69.4% |
| Furniture and vehicles | 24 | €30,329 | €17,973 | -€12,356 | -40.7% |
| Financial fixed assets | 28 | - | €318 | +€318 | |
| Current assets | 29/58 | €171,887 | €254,324 | +€82,437 | +48.0% |
| Stocks and contracts in progress | 3 | €13,326 | €31,067 | +€17,742 | +133% |
| Stocks | 30/36 | €7,926 | €9,567 | +€1,642 | +20.7% |
| Contracts in progress | 37 | €5,400 | €21,500 | +€16,100 | +298% |
| Amounts receivable within one year | 40/41 | €45,709 | €99,081 | +€53,372 | +117% |
| Trade receivables | 40 | €26,278 | €76,533 | +€50,255 | +191% |
| Other amounts receivable | 41 | €19,431 | €22,548 | +€3,116 | +16.0% |
| Current investments | 50/53 | - | €75,000 | +€75,000 | |
| Cash at bank and in hand | 54/58 | €112,613 | €48,877 | -€63,736 | -56.6% |
| Deferred charges and accrued income | 490/1 | €239 | €299 | +€60 | +24.9% |
| Total equity and liabilities | 10/49 | €204,220 | €276,009 | +€71,789 | +35.2% |
| Equity | 10/15 | €74,773 | €118,395 | +€43,622 | +58.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €69,773 | €113,395 | +€43,622 | +62.5% |
| Distributable reserves | 133 | €69,773 | €113,395 | +€43,622 | +62.5% |
| Amounts payable | 17/49 | €129,447 | €157,614 | +€28,166 | +21.8% |
| Amounts payable after more than one year | 17 | €50,000 | €32,500 | -€17,500 | -35.0% |
| Financial debts | 170/4 | €50,000 | €32,500 | -€17,500 | -35.0% |
| Amounts payable within one year | 42/48 | €78,697 | €124,364 | +€45,666 | +58.0% |
| Current portion of amounts payable after more than one year | 42 | €18,000 | - | -€18,000 | |
| Trade debts | 44 | €45,872 | €108,433 | +€62,561 | +136% |
| Suppliers | 440/4 | €45,872 | €108,433 | +€62,561 | +136% |
| Taxes, remuneration and social security | 45 | €13,938 | €13,399 | -€539 | -3.9% |
| Taxes | 450/3 | €13,938 | €13,399 | -€539 | -3.9% |
| Other amounts payable | 47/48 | €888 | €2,532 | +€1,644 | +185% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,243 | €13,745 | -€1,498 | -9.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,417 | - | -€8,417 | |
| Other operating charges | 640/8 | €748 | €1,020 | +€272 | +36.3% |
| Gross operating margin | 9900 | €111,971 | €80,754 | -€31,217 | -27.9% |
| Operating profit (loss) | 9901 | €87,562 | €65,988 | -€21,574 | -24.6% |
| Financial income | 75/76B | €215 | €908 | +€693 | +322% |
| Recurring financial income | 75 | €215 | €908 | +€693 | +322% |
| Financial charges | 65/66B | €96 | €12,022 | +€11,926 | +12,433% |
| Recurring financial charges | 65 | €96 | €3,870 | +€3,774 | +3,934% |
| Non-recurring financial charges | 66B | - | €8,152 | +€8,152 | |
| Profit (loss) for the period before taxes | 9903 | €87,681 | €54,874 | -€32,807 | -37.4% |
| Income taxes | 67/77 | €17,908 | €11,252 | -€6,657 | -37.2% |
| Profit (loss) for the period | 9904 | €69,773 | €43,622 | -€26,150 | -37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €69,773 | €43,622 | -€26,150 | -37.5% |
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 18 October 2026 via checked.be.