EL-TECH: 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.
EL-TECH
Largest movements
- Cash -€37,717
down €37,717 (-69.6%), from €54,223 to €16,506
mainly Trade debts (-€23,423) and Net result for the year (-€7,714)
- Receivables within one year +€6,777
up €6,777 (+5.4%), from €126,169 to €132,946
of which Other amounts receivable: +€10,501
- Trade debts -€23,423
down €23,423 (-86.7%), from €27,029 to €3,606
- Profit (loss) carried forward -€7,714
down €7,714 (-3.6%), from €216,895 to €209,180
- Gross operating margin +€11,124
up €11,124 (+64.5%), from -€17,246 to -€6,121
- Other operating charges +€612
up €612 (+158.1%), from €387 to €1,000
- Financial income +€420
up €420 (+24.5%), from €1,718 to €2,138
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 | €252,111 | €220,988 | -€31,123 | -12.3% |
| Fixed assets | 21/28 | €70,000 | €70,000 | = | 0.0% |
| Financial fixed assets | 28 | €70,000 | €70,000 | = | 0.0% |
| Current assets | 29/58 | €182,111 | €150,988 | -€31,123 | -17.1% |
| Amounts receivable within one year | 40/41 | €126,169 | €132,946 | +€6,777 | +5.4% |
| Trade receivables | 40 | €21,382 | €17,658 | -€3,724 | -17.4% |
| Other amounts receivable | 41 | €104,787 | €115,288 | +€10,501 | +10.0% |
| Cash at bank and in hand | 54/58 | €54,223 | €16,506 | -€37,717 | -69.6% |
| Deferred charges and accrued income | 490/1 | €1,718 | €1,536 | -€182 | -10.6% |
| Total equity and liabilities | 10/49 | €252,111 | €220,988 | -€31,123 | -12.3% |
| Equity | 10/15 | €224,955 | €217,240 | -€7,714 | -3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €216,895 | €209,180 | -€7,714 | -3.6% |
| Amounts payable | 17/49 | €27,156 | €3,748 | -€23,408 | -86.2% |
| Amounts payable within one year | 42/48 | €27,156 | €3,748 | -€23,408 | -86.2% |
| Trade debts | 44 | €27,029 | €3,606 | -€23,423 | -86.7% |
| Suppliers | 440/4 | €27,029 | €3,606 | -€23,423 | -86.7% |
| Taxes, remuneration and social security | 45 | €102 | €141 | +€40 | +39.3% |
| Taxes | 450/3 | €102 | €141 | +€40 | +39.3% |
| Other amounts payable | 47/48 | €25 | - | -€25 | |
| Other operating charges | 640/8 | €387 | €1,000 | +€612 | +158.1% |
| Gross operating margin | 9900 | -€17,246 | -€6,121 | +€11,124 | +64.5% |
| Operating profit (loss) | 9901 | -€17,633 | -€7,121 | +€10,512 | +59.6% |
| Financial income | 75/76B | €1,718 | €2,138 | +€420 | +24.5% |
| Recurring financial income | 75 | €1,718 | €2,138 | +€420 | +24.5% |
| Financial charges | 65/66B | €2,577 | €2,597 | +€19 | +0.8% |
| Recurring financial charges | 65 | €2,577 | €2,597 | +€19 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,492 | -€7,579 | +€10,913 | +59.0% |
| Income taxes | 67/77 | €150 | €135 | -€15 | -10.2% |
| Profit (loss) for the period | 9904 | -€18,642 | -€7,714 | +€10,928 | +58.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,642 | -€7,714 | +€10,928 | +58.6% |
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 10 October 2026 via checked.be.