ELEC-DECO: 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-DECO
Largest movements
- Tangible fixed assets -€2,936
down €2,936 (-60.8%), from €4,830 to €1,894
of which Plant, machinery and equipment: -€2,262
- Stocks and contracts -€1,500
down €1,500 (-37.5%), from €4,000 to €2,500
- Receivables within one year -€971
no longer reported in 2025 (was €971)
of which Other amounts receivable: -€858
- Other debts -€7,249
down €7,249 (-92.3%), from €7,854 to €605
- Tax, wage and social debts +€2,561
up €2,561 (+661.5%), from €387 to €2,948
- Trade debts -€446
down €446 (-12.4%), from €3,597 to €3,151
- Profit (loss) carried forward -€258
down €258 (-5.1%), from -€5,033 to -€5,292
- Gross operating margin +€3,188
up €3,188, from -€345 to €2,843
- Financial charges -€806
down €806 (-81.7%), from €987 to €180
- Depreciation -€533
down €533 (-15.4%), from €3,470 to €2,936
- Taxes -€116
down €116, from €101 to -€15
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 | €9,804 | €4,412 | -€5,392 | -55.0% |
| Fixed assets | 21/28 | €4,830 | €1,894 | -€2,936 | -60.8% |
| Tangible fixed assets | 22/27 | €4,830 | €1,894 | -€2,936 | -60.8% |
| Land and buildings | 22 | €1,117 | €849 | -€268 | -24.0% |
| Plant, machinery and equipment | 23 | €3,307 | €1,045 | -€2,262 | -68.4% |
| Furniture and vehicles | 24 | €406 | - | -€406 | |
| Current assets | 29/58 | €4,974 | €2,518 | -€2,456 | -49.4% |
| Stocks and contracts in progress | 3 | €4,000 | €2,500 | -€1,500 | -37.5% |
| Stocks | 30/36 | €4,000 | €2,500 | -€1,500 | -37.5% |
| Amounts receivable within one year | 40/41 | €971 | - | -€971 | |
| Trade receivables | 40 | €114 | - | -€114 | |
| Other amounts receivable | 41 | €858 | - | -€858 | |
| Cash at bank and in hand | 54/58 | €3 | €18 | +€15 | +500.3% |
| Total equity and liabilities | 10/49 | €9,804 | €4,412 | -€5,392 | -55.0% |
| Equity | 10/15 | -€2,033 | -€2,292 | -€258 | -12.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,033 | -€5,292 | -€258 | -5.1% |
| Amounts payable | 17/49 | €11,838 | €6,704 | -€5,134 | -43.4% |
| Amounts payable within one year | 42/48 | €11,838 | €6,704 | -€5,134 | -43.4% |
| Trade debts | 44 | €3,597 | €3,151 | -€446 | -12.4% |
| Suppliers | 440/4 | €3,597 | €3,151 | -€446 | -12.4% |
| Taxes, remuneration and social security | 45 | €387 | €2,948 | +€2,561 | +661.5% |
| Taxes | 450/3 | €387 | €2,948 | +€2,561 | +661.5% |
| Other amounts payable | 47/48 | €7,854 | €605 | -€7,249 | -92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,470 | €2,936 | -€533 | -15.4% |
| Gross operating margin | 9900 | -€345 | €2,843 | +€3,188 | |
| Operating profit (loss) | 9901 | -€3,814 | -€93 | +€3,722 | +97.6% |
| Financial charges | 65/66B | €987 | €180 | -€806 | -81.7% |
| Recurring financial charges | 65 | €987 | €180 | -€806 | -81.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,801 | -€273 | +€4,528 | +94.3% |
| Income taxes | 67/77 | €101 | -€15 | -€116 | |
| Profit (loss) for the period | 9904 | -€4,902 | -€258 | +€4,643 | +94.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,902 | -€258 | +€4,643 | +94.7% |
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 12 October 2026 via checked.be.