Elec-Tro: 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-Tro
Largest movements
- Receivables within one year +€31,348
up €31,348 (+46.9%), from €66,845 to €98,193
of which Other amounts receivable: +€23,427
- Cash +€15,489
up €15,489 (+195.7%), from €7,915 to €23,404
mainly Net result for the year (+€44,284) and Depreciation (+€11,696)
- Tangible fixed assets -€11,894
down €11,894 (-43.6%), from €27,300 to €15,405
- Profit (loss) carried forward +€44,284
up €44,284 (+67.0%), from €66,097 to €110,380
- Trade debts -€5,867
down €5,867 (-43.5%), from €13,500 to €7,633
- Advances received -€2,600
no longer reported in 2025 (was €2,600)
- Gross operating margin +€43,342
up €43,342 (+183.7%), from €23,598 to €66,939
- Taxes +€9,764
up €9,764 (+235.8%), from €4,141 to €13,905
- Financial income +€3,607
up €3,607 (+114.3%), from €3,155 to €6,761
- Other operating charges +€1,680
up €1,680 (+216.9%), from €775 to €2,455
- Depreciation -€1,253
down €1,253 (-9.7%), from €12,949 to €11,696
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 | €111,949 | €146,723 | +€34,774 | +31.1% |
| Fixed assets | 21/28 | €36,970 | €25,075 | -€11,894 | -32.2% |
| Tangible fixed assets | 22/27 | €27,300 | €15,405 | -€11,894 | -43.6% |
| Furniture and vehicles | 24 | €27,300 | €15,405 | -€11,894 | -43.6% |
| Financial fixed assets | 28 | €9,670 | €9,670 | = | 0.0% |
| Current assets | 29/58 | €74,980 | €121,648 | +€46,668 | +62.2% |
| Amounts receivable within one year | 40/41 | €66,845 | €98,193 | +€31,348 | +46.9% |
| Trade receivables | 40 | €2,950 | €10,871 | +€7,921 | +268.5% |
| Other amounts receivable | 41 | €63,895 | €87,322 | +€23,427 | +36.7% |
| Cash at bank and in hand | 54/58 | €7,915 | €23,404 | +€15,489 | +195.7% |
| Deferred charges and accrued income | 490/1 | €219 | €50 | -€168 | -77.0% |
| Total equity and liabilities | 10/49 | €111,949 | €146,723 | +€34,774 | +31.1% |
| Equity | 10/15 | €68,097 | €112,380 | +€44,284 | +65.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,097 | €110,380 | +€44,284 | +67.0% |
| Amounts payable | 17/49 | €43,853 | €34,343 | -€9,510 | -21.7% |
| Amounts payable within one year | 42/48 | €43,853 | €34,343 | -€9,510 | -21.7% |
| Trade debts | 44 | €13,500 | €7,633 | -€5,867 | -43.5% |
| Suppliers | 440/4 | €13,500 | €7,633 | -€5,867 | -43.5% |
| Advances received on contracts in progress | 46 | €2,600 | - | -€2,600 | |
| Taxes, remuneration and social security | 45 | €27,752 | €26,709 | -€1,043 | -3.8% |
| Taxes | 450/3 | €25,752 | €22,209 | -€3,543 | -13.8% |
| Remuneration and social security | 454/9 | €2,000 | €4,500 | +€2,500 | +125.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,949 | €11,696 | -€1,253 | -9.7% |
| Other operating charges | 640/8 | €775 | €2,455 | +€1,680 | +216.9% |
| Gross operating margin | 9900 | €23,598 | €66,939 | +€43,342 | +183.7% |
| Operating profit (loss) | 9901 | €9,874 | €52,788 | +€42,914 | +434.6% |
| Financial income | 75/76B | €3,155 | €6,761 | +€3,607 | +114.3% |
| Recurring financial income | 75 | €3,155 | €6,761 | +€3,607 | +114.3% |
| Financial charges | 65/66B | €507 | €1,361 | +€854 | +168.4% |
| Recurring financial charges | 65 | €507 | €1,361 | +€854 | +168.4% |
| Profit (loss) for the period before taxes | 9903 | €12,521 | €58,188 | +€45,667 | +364.7% |
| Income taxes | 67/77 | €4,141 | €13,905 | +€9,764 | +235.8% |
| Profit (loss) for the period | 9904 | €8,381 | €44,284 | +€35,903 | +428.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,381 | €44,284 | +€35,903 | +428.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.