Elec TC Consulting: what changed
Elec TC Consulting
Largest movements
- Financial fixed assets +€30,390
new in 2025: €30,390
- Receivables within one year +€18,194
up €18,194 (+161%), from €11,315 to €29,509
of which Trade receivables: +€17,087
- Cash -€9,627
down €9,627 (-8.2%), from €117,836 to €108,209
mainly Investment in fixed assets (net) (-€30,390) and Receivables within one year (-€18,194)
- Tangible fixed assets -€6,946
down €6,946 (-27.4%), from €25,331 to €18,385
of which Leasing and similar rights: -€5,719
- Profit (loss) carried forward +€40,937
up €40,937 (+32.5%), from €126,048 to €166,985
- Debts after one year -€6,395
no longer reported in 2025 (was €6,395)
- Gross operating margin -€27,079
down €27,079 (-31.0%), from €87,396 to €60,317
- Taxes -€5,433
down €5,433 (-33.8%), from €16,089 to €10,656
- Financial income +€1,223
new in 2025: €1,223
- Depreciation +€1,170
up €1,170 (+19.1%), from €6,139 to €7,309
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155,667 | €187,314 | +€31,647 | +20.3% |
| Formation expenses | 20 | €1,185 | €822 | -€363 | -30.6% |
| Fixed assets | 21/28 | €25,331 | €48,775 | +€23,444 | +92.5% |
| Tangible fixed assets | 22/27 | €25,331 | €18,385 | -€6,946 | -27.4% |
| Furniture and vehicles | 24 | €3,625 | €2,397 | -€1,227 | -33.9% |
| Leasing and similar rights | 25 | €21,707 | €15,987 | -€5,719 | -26.3% |
| Financial fixed assets | 28 | - | €30,390 | +€30,390 | |
| Current assets | 29/58 | €129,151 | €137,717 | +€8,567 | +6.6% |
| Amounts receivable within one year | 40/41 | €11,315 | €29,509 | +€18,194 | +161% |
| Trade receivables | 40 | €10,412 | €27,499 | +€17,087 | +164% |
| Other amounts receivable | 41 | €903 | €2,010 | +€1,107 | +123% |
| Cash at bank and in hand | 54/58 | €117,836 | €108,209 | -€9,627 | -8.2% |
| Total equity and liabilities | 10/49 | €155,667 | €187,314 | +€31,647 | +20.3% |
| Equity | 10/15 | €128,548 | €169,485 | +€40,937 | +31.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,048 | €166,985 | +€40,937 | +32.5% |
| Amounts payable | 17/49 | €27,119 | €17,829 | -€9,290 | -34.3% |
| Amounts payable after more than one year | 17 | €6,395 | - | -€6,395 | |
| Financial debts | 170/4 | €6,395 | - | -€6,395 | |
| Amounts payable within one year | 42/48 | €20,724 | €17,829 | -€2,895 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €8,193 | €6,395 | -€1,799 | -22.0% |
| Trade debts | 44 | €411 | - | -€411 | |
| Suppliers | 440/4 | €411 | - | -€411 | |
| Taxes, remuneration and social security | 45 | €12,120 | €11,434 | -€686 | -5.7% |
| Taxes | 450/3 | €12,120 | €11,434 | -€686 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,139 | €7,309 | +€1,170 | +19.1% |
| Other operating charges | 640/8 | €1,448 | €1,255 | -€193 | -13.3% |
| Gross operating margin | 9900 | €87,396 | €60,317 | -€27,079 | -31.0% |
| Operating profit (loss) | 9901 | €79,808 | €51,752 | -€28,056 | -35.2% |
| Financial income | 75/76B | - | €1,223 | +€1,223 | |
| Recurring financial income | 75 | - | €1,223 | +€1,223 | |
| Financial charges | 65/66B | €1,107 | €1,382 | +€274 | +24.8% |
| Recurring financial charges | 65 | €1,107 | €1,382 | +€274 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €78,701 | €51,593 | -€27,107 | -34.4% |
| Income taxes | 67/77 | €16,089 | €10,656 | -€5,433 | -33.8% |
| Profit (loss) for the period | 9904 | €62,611 | €40,937 | -€21,674 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €62,611 | €40,937 | -€21,674 | -34.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.