ELEC.RIGO: 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.RIGO
Largest movements
- Cash +€63,520
up €63,520 (+21.7%), from €292,179 to €355,698
mainly Other debts (+€131,031) and Net result for the year (+€109,749)
- Receivables within one year +€30,617
up €30,617 (+36.6%), from €83,760 to €114,377
of which Trade receivables: +€32,546
- Stocks and contracts -€29,138
down €29,138 (-56.6%), from €51,500 to €22,362
- Tangible fixed assets +€17,200
up €17,200 (+13.7%), from €125,118 to €142,318
of which Furniture and vehicles: +€26,822
- Deferred charges and accrued income +€11,752
up €11,752 (+285%), from €4,120 to €15,872
- Profit (loss) carried forward -€152,941
down €152,941 (-47.4%), from €322,636 to €169,694
- Other debts +€131,031
up €131,031 (+925%), from €14,160 to €145,191
- Reserves +€109,749
up €109,749 (+36,583%), from €300 to €110,049
of which Distributable reserves: +€110,049
- Tax, wage and social debts -€42,517
down €42,517 (-44.1%), from €96,500 to €53,983
of which Remuneration and social security: -€82,025
- Trade debts +€32,275
up €32,275 (+60.9%), from €52,982 to €85,257
- Gross operating margin +€124,558
up €124,558 (+143%), from €87,167 to €211,725
- Taxes +€42,748
up €42,748 (+415%), from €10,294 to €53,042
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 | €556,677 | €650,627 | +€93,950 | +16.9% |
| Fixed assets | 21/28 | €125,118 | €142,318 | +€17,200 | +13.7% |
| Tangible fixed assets | 22/27 | €125,118 | €142,318 | +€17,200 | +13.7% |
| Land and buildings | 22 | €19,471 | €16,929 | -€2,542 | -13.1% |
| Plant, machinery and equipment | 23 | €16,569 | €9,489 | -€7,079 | -42.7% |
| Furniture and vehicles | 24 | €89,078 | €115,900 | +€26,822 | +30.1% |
| Current assets | 29/58 | €431,559 | €508,309 | +€76,750 | +17.8% |
| Stocks and contracts in progress | 3 | €51,500 | €22,362 | -€29,138 | -56.6% |
| Stocks | 30/36 | €51,500 | €22,362 | -€29,138 | -56.6% |
| Amounts receivable within one year | 40/41 | €83,760 | €114,377 | +€30,617 | +36.6% |
| Trade receivables | 40 | €54,632 | €87,178 | +€32,546 | +59.6% |
| Other amounts receivable | 41 | €29,129 | €27,199 | -€1,930 | -6.6% |
| Cash at bank and in hand | 54/58 | €292,179 | €355,698 | +€63,520 | +21.7% |
| Deferred charges and accrued income | 490/1 | €4,120 | €15,872 | +€11,752 | +285% |
| Total equity and liabilities | 10/49 | €556,677 | €650,627 | +€93,950 | +16.9% |
| Equity | 10/15 | €325,936 | €282,743 | -€43,193 | -13.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | - | -€3,000 | |
| Issued capital | 100 | €3,000 | - | -€3,000 | |
| Reserves | 13 | €300 | €110,049 | +€109,749 | +36,583% |
| Non-distributable reserves | 130/1 | €300 | €0 | -€300 | -100% |
| Legal reserve | 130 | €300 | - | -€300 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Distributable reserves | 133 | - | €110,049 | +€110,049 | |
| Profit (loss) carried forward | 14 | €322,636 | €169,694 | -€152,941 | -47.4% |
| Amounts payable | 17/49 | €230,741 | €367,884 | +€137,143 | +59.4% |
| Amounts payable after more than one year | 17 | €45,837 | €60,548 | +€14,711 | +32.1% |
| Financial debts | 170/4 | €45,837 | €60,548 | +€14,711 | +32.1% |
| Amounts payable within one year | 42/48 | €184,904 | €305,436 | +€120,532 | +65.2% |
| Current portion of amounts payable after more than one year | 42 | €21,262 | €21,005 | -€257 | -1.2% |
| Trade debts | 44 | €52,982 | €85,257 | +€32,275 | +60.9% |
| Suppliers | 440/4 | €52,982 | €85,257 | +€32,275 | +60.9% |
| Taxes, remuneration and social security | 45 | €96,500 | €53,983 | -€42,517 | -44.1% |
| Taxes | 450/3 | €14,475 | €53,983 | +€39,508 | +273% |
| Remuneration and social security | 454/9 | €82,025 | €0 | -€82,025 | -100% |
| Other amounts payable | 47/48 | €14,160 | €145,191 | +€131,031 | +925% |
| Accrued charges and deferred income | 492/3 | - | €1,900 | +€1,900 | |
| Non-recurring operating income | 76A | - | €21,882 | +€21,882 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,037 | €43,466 | -€571 | -1.3% |
| Other operating charges | 640/8 | €674 | €1,979 | +€1,305 | +194% |
| Gross operating margin | 9900 | €87,167 | €211,725 | +€124,558 | +143% |
| Operating profit (loss) | 9901 | €42,455 | €166,280 | +€123,825 | +292% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €2,236 | €3,492 | +€1,256 | +56.1% |
| Recurring financial charges | 65 | €2,236 | €3,492 | +€1,256 | +56.1% |
| Profit (loss) for the period before taxes | 9903 | €40,219 | €162,791 | +€122,572 | +305% |
| Income taxes | 67/77 | €10,294 | €53,042 | +€42,748 | +415% |
| Profit (loss) for the period | 9904 | €29,926 | €109,749 | +€79,823 | +267% |
| Profit (loss) for the period to be appropriated | 9905 | €29,926 | €109,749 | +€79,823 | +267% |
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 21 October 2026 via checked.be.