ELEC SERVICES: 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 SERVICES
Largest movements
- Tangible fixed assets +€33,906
up €33,906 (+2045.6%), from €1,658 to €35,564
of which Furniture and vehicles: +€34,437
- Receivables within one year -€23,571
down €23,571 (-48.3%), from €48,797 to €25,226
of which Trade receivables: -€38,498
- Cash +€1,418
up €1,418 (+25.5%), from €5,553 to €6,971
mainly Debts after one year (+€27,512) and Receivables within one year (+€23,571)
- Debts after one year +€27,512
new in 2025: €27,512
- Trade debts -€17,879
down €17,879 (-77.8%), from €22,989 to €5,110
- Current portion of long-term debt +€14,711
new in 2025: €14,711
- Advances received -€4,900
no longer reported in 2025 (was €4,900)
- Tax, wage and social debts -€4,202
down €4,202 (-61.4%), from €6,843 to €2,641
- Gross operating margin -€6,809
down €6,809 (-90.2%), from €7,547 to €738
- Taxes -€1,264
no longer reported in 2025 (was €1,264)
- Financial charges +€660
up €660 (+569.3%), from €116 to €775
- Other operating charges -€498
down €498 (-43.0%), from €1,157 to €660
- Depreciation +€449
up €449 (+15.5%), from €2,904 to €3,353
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 | €56,028 | €67,956 | +€11,927 | +21.3% |
| Fixed assets | 21/28 | €1,658 | €35,564 | +€33,906 | +2045.6% |
| Tangible fixed assets | 22/27 | €1,658 | €35,564 | +€33,906 | +2045.6% |
| Plant, machinery and equipment | 23 | €1,163 | €632 | -€531 | -45.6% |
| Furniture and vehicles | 24 | €495 | €34,932 | +€34,437 | +6956.9% |
| Current assets | 29/58 | €54,371 | €32,392 | -€21,979 | -40.4% |
| Amounts receivable within one year | 40/41 | €48,797 | €25,226 | -€23,571 | -48.3% |
| Trade receivables | 40 | €39,168 | €670 | -€38,498 | -98.3% |
| Other amounts receivable | 41 | €9,629 | €24,556 | +€14,927 | +155.0% |
| Cash at bank and in hand | 54/58 | €5,553 | €6,971 | +€1,418 | +25.5% |
| Deferred charges and accrued income | 490/1 | €21 | €195 | +€174 | +845.2% |
| Total equity and liabilities | 10/49 | €56,028 | €67,956 | +€11,927 | +21.3% |
| Equity | 10/15 | €21,297 | €17,982 | -€3,315 | -15.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,297 | €14,982 | -€3,315 | -18.1% |
| Amounts payable | 17/49 | €34,732 | €49,974 | +€15,242 | +43.9% |
| Amounts payable after more than one year | 17 | - | €27,512 | +€27,512 | |
| Financial debts | 170/4 | - | €27,512 | +€27,512 | |
| Amounts payable within one year | 42/48 | €34,732 | €22,462 | -€12,270 | -35.3% |
| Current portion of amounts payable after more than one year | 42 | - | €14,711 | +€14,711 | |
| Trade debts | 44 | €22,989 | €5,110 | -€17,879 | -77.8% |
| Suppliers | 440/4 | €22,989 | €5,110 | -€17,879 | -77.8% |
| Advances received on contracts in progress | 46 | €4,900 | - | -€4,900 | |
| Taxes, remuneration and social security | 45 | €6,843 | €2,641 | -€4,202 | -61.4% |
| Taxes | 450/3 | €6,843 | €2,641 | -€4,202 | -61.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,904 | €3,353 | +€449 | +15.5% |
| Other operating charges | 640/8 | €1,157 | €660 | -€498 | -43.0% |
| Gross operating margin | 9900 | €7,547 | €738 | -€6,809 | -90.2% |
| Operating profit (loss) | 9901 | €3,485 | -€3,275 | -€6,760 | |
| Financial income | 75/76B | €396 | €736 | +€340 | +85.8% |
| Recurring financial income | 75 | €396 | €736 | +€340 | +85.8% |
| Financial charges | 65/66B | €116 | €775 | +€660 | +569.3% |
| Recurring financial charges | 65 | €116 | €775 | +€660 | +569.3% |
| Profit (loss) for the period before taxes | 9903 | €3,766 | -€3,315 | -€7,080 | |
| Income taxes | 67/77 | €1,264 | - | -€1,264 | |
| Profit (loss) for the period | 9904 | €2,502 | -€3,315 | -€5,816 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,502 | -€3,315 | -€5,816 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.