ELEC-CITY: 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.
ELEC-CITY
Largest movements
- Receivables within one year +€17,930
up €17,930 (+187%), from €9,565 to €27,495
of which Trade receivables: +€14,800
- Deferred charges and accrued income -€1,344
no longer reported in 2025 (was €1,344)
- Tangible fixed assets -€650
down €650 (-38.4%), from €1,692 to €1,043
- Profit (loss) carried forward -€35,195
down €35,195 (-265%), from -€13,263 to -€48,458
- Debts after one year +€12,194
new in 2025: €12,194
- Trade debts +€12,116
up €12,116 (+230%), from €5,263 to €17,379
- Other debts +€11,576
up €11,576 (+57.9%), from €19,984 to €31,560
- Advances received +€5,911
new in 2025: €5,911
- Staff costs +€28,288
up €28,288 (+489%), from €5,790 to €34,078
- Gross operating margin +€12,719
up €12,719, from -€11,370 to €1,348
- Financial charges +€998
up €998 (+1,130%), from €88 to €1,086
- Depreciation +€393
up €393 (+153%), from €256 to €650
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 | €15,828 | €31,569 | +€15,741 | +99.4% |
| Fixed assets | 21/28 | €4,192 | €3,543 | -€650 | -15.5% |
| Tangible fixed assets | 22/27 | €1,692 | €1,043 | -€650 | -38.4% |
| Furniture and vehicles | 24 | €1,692 | €1,043 | -€650 | -38.4% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €11,636 | €28,027 | +€16,391 | +141% |
| Amounts receivable within one year | 40/41 | €9,565 | €27,495 | +€17,930 | +187% |
| Trade receivables | 40 | €7,160 | €21,959 | +€14,800 | +207% |
| Other amounts receivable | 41 | €2,405 | €5,536 | +€3,131 | +130% |
| Cash at bank and in hand | 54/58 | €728 | €532 | -€196 | -27.0% |
| Deferred charges and accrued income | 490/1 | €1,344 | - | -€1,344 | |
| Total equity and liabilities | 10/49 | €15,828 | €31,569 | +€15,741 | +99.4% |
| Equity | 10/15 | -€11,763 | -€46,958 | -€35,195 | -299% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,263 | -€48,458 | -€35,195 | -265% |
| Amounts payable | 17/49 | €27,591 | €78,528 | +€50,936 | +185% |
| Amounts payable after more than one year | 17 | - | €12,194 | +€12,194 | |
| Financial debts | 170/4 | - | €12,194 | +€12,194 | |
| Amounts payable within one year | 42/48 | €27,591 | €65,934 | +€38,343 | +139% |
| Current portion of amounts payable after more than one year | 42 | - | €2,925 | +€2,925 | |
| Trade debts | 44 | €5,263 | €17,379 | +€12,116 | +230% |
| Suppliers | 440/4 | €5,263 | €17,379 | +€12,116 | +230% |
| Advances received on contracts in progress | 46 | - | €5,911 | +€5,911 | |
| Taxes, remuneration and social security | 45 | €2,345 | €8,159 | +€5,815 | +248% |
| Taxes | 450/3 | €1,524 | €326 | -€1,198 | -78.6% |
| Remuneration and social security | 454/9 | €820 | €7,833 | +€7,012 | +855% |
| Other amounts payable | 47/48 | €19,984 | €31,560 | +€11,576 | +57.9% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €5,790 | €34,078 | +€28,288 | +489% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €256 | €650 | +€393 | +153% |
| Other operating charges | 640/8 | €587 | €600 | +€12 | +2.1% |
| Gross operating margin | 9900 | -€11,370 | €1,348 | +€12,719 | |
| Operating profit (loss) | 9901 | -€18,004 | -€33,979 | -€15,975 | -88.7% |
| Financial income | 75/76B | €0 | €28 | +€28 | +69,925% |
| Recurring financial income | 75 | €0 | €28 | +€28 | +69,925% |
| Financial charges | 65/66B | €88 | €1,086 | +€998 | +1,130% |
| Recurring financial charges | 65 | €88 | €1,086 | +€998 | +1,130% |
| Profit (loss) for the period before taxes | 9903 | -€18,093 | -€35,037 | -€16,945 | -93.7% |
| Income taxes | 67/77 | €168 | €158 | -€10 | -6.1% |
| Profit (loss) for the period | 9904 | -€18,261 | -€35,195 | -€16,934 | -92.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,261 | -€35,195 | -€16,934 | -92.7% |
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 13 October 2026 via checked.be.