Elec Lab: 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 Lab
Largest movements
- Receivables within one year -€17,557
down €17,557 (-63.1%), from €27,809 to €10,251
of which Other amounts receivable: -€9,675
- Tangible fixed assets +€13,275
new in 2025: €13,275
- Cash -€12,179
down €12,179 (-33.9%), from €35,964 to €23,784
mainly Trade debts (-€13,418) and Investment in fixed assets (net) (-€13,400)
- Trade debts -€13,418
down €13,418 (-99.9%), from €13,425 to €8
- Other debts -€1,931
down €1,931 (-24.4%), from €7,899 to €5,969
- Tax, wage and social debts -€1,007
down €1,007 (-83.4%), from €1,209 to €201
- Turnover +€215,974
new in 2025: €215,974
- Purchases and services +€193,576
new in 2025: €193,576
- Staff costs +€20,400
new in 2025: €20,400
- Gross operating margin +€10,375
up €10,375 (+86.3%), from €12,023 to €22,398
- Other operating charges -€5,482
down €5,482 (-79.0%), from €6,939 to €1,457
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 | €63,772 | €47,311 | -€16,462 | -25.8% |
| Fixed assets | 21/28 | - | €13,275 | +€13,275 | |
| Tangible fixed assets | 22/27 | - | €13,275 | +€13,275 | |
| Furniture and vehicles | 24 | - | €13,275 | +€13,275 | |
| Current assets | 29/58 | €63,772 | €34,036 | -€29,737 | -46.6% |
| Amounts receivable within one year | 40/41 | €27,809 | €10,251 | -€17,557 | -63.1% |
| Trade receivables | 40 | €14,359 | €6,476 | -€7,882 | -54.9% |
| Other amounts receivable | 41 | €13,450 | €3,775 | -€9,675 | -71.9% |
| Cash at bank and in hand | 54/58 | €35,964 | €23,784 | -€12,179 | -33.9% |
| Total equity and liabilities | 10/49 | €63,772 | €47,311 | -€16,462 | -25.8% |
| Equity | 10/15 | €41,239 | €41,133 | -€106 | -0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,639 | €22,533 | -€106 | -0.5% |
| Amounts payable | 17/49 | €22,533 | €6,178 | -€16,356 | -72.6% |
| Amounts payable within one year | 42/48 | €22,533 | €6,178 | -€16,356 | -72.6% |
| Trade debts | 44 | €13,425 | €8 | -€13,418 | -99.9% |
| Suppliers | 440/4 | €13,425 | €8 | -€13,418 | -99.9% |
| Taxes, remuneration and social security | 45 | €1,209 | €201 | -€1,007 | -83.4% |
| Taxes | 450/3 | €1,209 | €201 | -€1,007 | -83.4% |
| Other amounts payable | 47/48 | €7,899 | €5,969 | -€1,931 | -24.4% |
| Turnover | 70 | - | €215,974 | +€215,974 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €193,576 | +€193,576 | |
| Remuneration, social security and pensions | 62 | - | €20,400 | +€20,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €125 | +€125 | |
| Other operating charges | 640/8 | €6,939 | €1,457 | -€5,482 | -79.0% |
| Gross operating margin | 9900 | €12,023 | €22,398 | +€10,375 | +86.3% |
| Operating profit (loss) | 9901 | €5,084 | €416 | -€4,668 | -91.8% |
| Financial income | 75/76B | €311 | €58 | -€253 | -81.3% |
| Recurring financial income | 75 | €274 | €58 | -€217 | -78.9% |
| Non-recurring financial income | 76B | €36 | - | -€36 | |
| Financial charges | 65/66B | €1,496 | €580 | -€916 | -61.2% |
| Recurring financial charges | 65 | €44 | €580 | +€536 | +1,233% |
| Non-recurring financial charges | 66B | €1,453 | - | -€1,453 | |
| Profit (loss) for the period before taxes | 9903 | €3,899 | -€106 | -€4,005 | |
| Income taxes | 67/77 | €2,434 | - | -€2,434 | |
| Profit (loss) for the period | 9904 | €1,465 | -€106 | -€1,570 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,465 | -€106 | -€1,570 |
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 17 October 2026 via checked.be.