ELEC PLUS: what changed
Two fiscal 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 PLUS
Largest movements
- Cash +€8,455
up €8,455 (+65.4%), from €12,923 to €21,378
mainly Net result for the year (+€22,140) and Depreciation (+€2,434)
- Current investments +€3,000
new in 2024: €3,000
- Tangible fixed assets -€801
down €801 (-1.9%), from €42,958 to €42,157
of which Plant, machinery and equipment: -€2,371
- Profit (loss) carried forward +€22,140
up €22,140 (+16.6%), from -€133,126 to -€110,986
- Debts after one year -€7,058
down €7,058 (-7.0%), from €101,084 to €94,026
of which Financial debts: -€7,058
- Trade debts -€2,772
down €2,772 (-83.0%), from €3,338 to €566
- Other debts -€1,656
down €1,656 (-12.1%), from €13,656 to €12,000
- Gross operating margin +€12,933
up €12,933 (+67.5%), from €19,160 to €32,093
- Other operating charges +€1,184
up €1,184 (+19.3%), from €6,144 to €7,328
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,881 | €66,535 | +€10,654 | +19.1% |
| Fixed assets | 21/28 | €42,958 | €42,157 | -€801 | -1.9% |
| Tangible fixed assets | 22/27 | €42,958 | €42,157 | -€801 | -1.9% |
| Land and buildings | 22 | €28,681 | €28,681 | = | 0.0% |
| Plant, machinery and equipment | 23 | €14,277 | €11,905 | -€2,371 | -16.6% |
| Furniture and vehicles | 24 | - | €1,571 | +€1,571 | |
| Current assets | 29/58 | €12,923 | €24,378 | +€11,455 | +88.6% |
| Current investments | 50/53 | - | €3,000 | +€3,000 | |
| Cash at bank and in hand | 54/58 | €12,923 | €21,378 | +€8,455 | +65.4% |
| Total equity and liabilities | 10/49 | €55,881 | €66,535 | +€10,654 | +19.1% |
| Equity | 10/15 | -€62,197 | -€40,057 | +€22,140 | +35.6% |
| Contributions | 10/11 | €57,016 | €57,016 | = | 0.0% |
| Capital | 10 | €57,016 | - | -€57,016 | |
| Issued capital | 100 | €57,016 | - | -€57,016 | |
| Outside capital | 11 | - | €57,016 | +€57,016 | |
| Other | 1109/19 | - | €57,016 | +€57,016 | |
| Reserves | 13 | €13,913 | €13,913 | = | 0.0% |
| Non-distributable reserves | 130/1 | €913 | - | -€913 | |
| Legal reserve | 130 | €913 | - | -€913 | |
| Distributable reserves | 133 | €13,000 | €13,913 | +€913 | +7.0% |
| Profit (loss) carried forward | 14 | -€133,126 | -€110,986 | +€22,140 | +16.6% |
| Amounts payable | 17/49 | €118,078 | €106,592 | -€11,486 | -9.7% |
| Amounts payable after more than one year | 17 | €101,084 | €94,026 | -€7,058 | -7.0% |
| Financial debts | 170/4 | €98,084 | €91,026 | -€7,058 | -7.2% |
| Other amounts payable | 178/9 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,994 | €12,566 | -€4,428 | -26.1% |
| Trade debts | 44 | €3,338 | €566 | -€2,772 | -83.0% |
| Suppliers | 440/4 | €3,338 | €566 | -€2,772 | -83.0% |
| Other amounts payable | 47/48 | €13,656 | €12,000 | -€1,656 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,222 | €2,434 | +€211 | +9.5% |
| Other operating charges | 640/8 | €6,144 | €7,328 | +€1,184 | +19.3% |
| Gross operating margin | 9900 | €19,160 | €32,093 | +€12,933 | +67.5% |
| Operating profit (loss) | 9901 | €10,793 | €22,331 | +€11,538 | +106.9% |
| Financial income | 75/76B | €1 | €6 | +€5 | +496.0% |
| Recurring financial income | 75 | €1 | €6 | +€5 | +496.0% |
| Financial charges | 65/66B | €271 | €196 | -€75 | -27.5% |
| Recurring financial charges | 65 | €271 | €196 | -€75 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €10,523 | €22,140 | +€11,617 | +110.4% |
| Profit (loss) for the period | 9904 | €10,523 | €22,140 | +€11,617 | +110.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,523 | €22,140 | +€11,617 | +110.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.