ELEC2LIFE: 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.
ELEC2LIFE
Largest movements
- Cash -€10,056
down €10,056 (-22.4%), from €44,842 to €34,786
mainly Investment in fixed assets (net) (-€16,743) and Receivables within one year (-€8,759)
- Receivables within one year +€8,759
up €8,759 (+37.1%), from €23,622 to €32,381
of which Trade receivables: +€11,578
- Tangible fixed assets +€6,998
up €6,998 (+43.0%), from €16,287 to €23,285
of which Furniture and vehicles: +€6,724
- Debts after one year +€7,581
up €7,581 (+95.7%), from €7,921 to €15,502
- Profit (loss) carried forward -€2,764
down €2,764 (-11.4%), from €24,148 to €21,384
- Trade debts +€2,182
up €2,182 (+68.6%), from €3,181 to €5,363
- Tax, wage and social debts -€2,092
down €2,092 (-48.6%), from €4,301 to €2,209
- Current portion of long-term debt +€1,708
up €1,708 (+19.0%), from €9,005 to €10,713
- Depreciation +€2,822
up €2,822 (+40.8%), from €6,923 to €9,745
- Financial income +€1,938
up €1,938 (+956%), from €203 to €2,140
- Other operating charges +€481
up €481 (+39.0%), from €1,235 to €1,716
- Financial charges +€263
up €263 (+28.7%), from €916 to €1,178
- Taxes -€158
no longer reported in 2025 (was €158)
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 | €89,361 | €95,062 | +€5,701 | +6.4% |
| Fixed assets | 21/28 | €17,087 | €24,085 | +€6,998 | +41.0% |
| Tangible fixed assets | 22/27 | €16,287 | €23,285 | +€6,998 | +43.0% |
| Plant, machinery and equipment | 23 | €884 | €1,158 | +€274 | +31.0% |
| Furniture and vehicles | 24 | €15,403 | €22,127 | +€6,724 | +43.7% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €72,274 | €70,977 | -€1,297 | -1.8% |
| Stocks and contracts in progress | 3 | €3,810 | €3,810 | = | 0.0% |
| Stocks | 30/36 | €3,810 | €3,810 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,622 | €32,381 | +€8,759 | +37.1% |
| Trade receivables | 40 | €9,987 | €21,565 | +€11,578 | +116% |
| Other amounts receivable | 41 | €13,636 | €10,817 | -€2,819 | -20.7% |
| Cash at bank and in hand | 54/58 | €44,842 | €34,786 | -€10,056 | -22.4% |
| Total equity and liabilities | 10/49 | €89,361 | €95,062 | +€5,701 | +6.4% |
| Equity | 10/15 | €63,778 | €61,013 | -€2,764 | -4.3% |
| Contributions | 10/11 | €16,860 | €16,860 | = | 0.0% |
| Reserves | 13 | €22,769 | €22,769 | = | 0.0% |
| Distributable reserves | 133 | €22,769 | €22,769 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,148 | €21,384 | -€2,764 | -11.4% |
| Amounts payable | 17/49 | €25,583 | €34,048 | +€8,465 | +33.1% |
| Amounts payable after more than one year | 17 | €7,921 | €15,502 | +€7,581 | +95.7% |
| Financial debts | 170/4 | €7,921 | €15,502 | +€7,581 | +95.7% |
| Amounts payable within one year | 42/48 | €16,487 | €18,285 | +€1,798 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €9,005 | €10,713 | +€1,708 | +19.0% |
| Trade debts | 44 | €3,181 | €5,363 | +€2,182 | +68.6% |
| Suppliers | 440/4 | €3,181 | €5,363 | +€2,182 | +68.6% |
| Taxes, remuneration and social security | 45 | €4,301 | €2,209 | -€2,092 | -48.6% |
| Taxes | 450/3 | €4,301 | €2,209 | -€2,092 | -48.6% |
| Accrued charges and deferred income | 492/3 | €1,175 | €261 | -€914 | -77.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,923 | €9,745 | +€2,822 | +40.8% |
| Other operating charges | 640/8 | €1,235 | €1,716 | +€481 | +39.0% |
| Gross operating margin | 9900 | €7,855 | €7,735 | -€121 | -1.5% |
| Operating profit (loss) | 9901 | -€303 | -€3,726 | -€3,424 | -1,131% |
| Financial income | 75/76B | €203 | €2,140 | +€1,938 | +956% |
| Recurring financial income | 75 | €203 | €2,140 | +€1,938 | +956% |
| Financial charges | 65/66B | €916 | €1,178 | +€263 | +28.7% |
| Recurring financial charges | 65 | €916 | €1,178 | +€263 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,016 | -€2,764 | -€1,749 | -172% |
| Income taxes | 67/77 | €158 | - | -€158 | |
| Profit (loss) for the period | 9904 | -€1,174 | -€2,764 | -€1,590 | -135% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,174 | -€2,764 | -€1,590 | -135% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.