ELECAA: 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.
ELECAA
Largest movements
- Cash -€40,288
down €40,288 (-63.6%), from €63,359 to €23,071
mainly Receivables within one year (-€36,304) and Tax, wage and social debts (-€6,970)
- Receivables within one year +€36,304
up €36,304 (+15.6%), from €232,922 to €269,227
of which Trade receivables: +€66,353
- Tangible fixed assets -€3,340
down €3,340 (-14.3%), from €23,418 to €20,078
of which Furniture and vehicles: -€3,452
- Tax, wage and social debts -€6,970
down €6,970 (-83.1%), from €8,392 to €1,422
of which Taxes: -€4,835
- Staff costs +€14,347
up €14,347 (+60.5%), from €23,727 to €38,073
- Gross operating margin -€11,007
down €11,007 (-19.5%), from €56,363 to €45,355
- Taxes -€4,835
down €4,835 (-77.3%), from €6,257 to €1,422
- Depreciation -€740
down €740 (-15.2%), from €4,869 to €4,129
- Financial income +€698
up €698 (+28.5%), from €2,454 to €3,152
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 | €321,155 | €314,013 | -€7,143 | -2.2% |
| Fixed assets | 21/28 | €24,874 | €21,715 | -€3,159 | -12.7% |
| Intangible fixed assets | 21 | €757 | €359 | -€398 | -52.6% |
| Tangible fixed assets | 22/27 | €23,418 | €20,078 | -€3,340 | -14.3% |
| Plant, machinery and equipment | 23 | €2,027 | €3,419 | +€1,392 | +68.7% |
| Furniture and vehicles | 24 | €10,834 | €7,382 | -€3,452 | -31.9% |
| Other tangible fixed assets | 26 | €10,557 | €9,277 | -€1,280 | -12.1% |
| Financial fixed assets | 28 | €700 | €1,279 | +€579 | +82.7% |
| Current assets | 29/58 | €296,281 | €292,298 | -€3,983 | -1.3% |
| Amounts receivable within one year | 40/41 | €232,922 | €269,227 | +€36,304 | +15.6% |
| Trade receivables | 40 | €150,196 | €216,549 | +€66,353 | +44.2% |
| Other amounts receivable | 41 | €82,726 | €52,678 | -€30,049 | -36.3% |
| Cash at bank and in hand | 54/58 | €63,359 | €23,071 | -€40,288 | -63.6% |
| Total equity and liabilities | 10/49 | €321,155 | €314,013 | -€7,143 | -2.2% |
| Equity | 10/15 | €95,125 | €97,785 | +€2,660 | +2.8% |
| Profit (loss) carried forward | 14 | €95,125 | €97,785 | +€2,660 | +2.8% |
| Amounts payable | 17/49 | €226,030 | €216,228 | -€9,802 | -4.3% |
| Amounts payable within one year | 42/48 | €226,030 | €216,228 | -€9,802 | -4.3% |
| Trade debts | 44 | €217,638 | €214,806 | -€2,832 | -1.3% |
| Suppliers | 440/4 | €217,638 | €214,806 | -€2,832 | -1.3% |
| Taxes, remuneration and social security | 45 | €8,392 | €1,422 | -€6,970 | -83.1% |
| Taxes | 450/3 | €6,257 | €1,422 | -€4,835 | -77.3% |
| Remuneration and social security | 454/9 | €2,136 | - | -€2,136 | |
| Non-recurring operating income | 76A | - | €2,919 | +€2,919 | |
| Remuneration, social security and pensions | 62 | €23,727 | €38,073 | +€14,347 | +60.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,869 | €4,129 | -€740 | -15.2% |
| Other operating charges | 640/8 | €1,536 | €1,401 | -€135 | -8.8% |
| Gross operating margin | 9900 | €56,363 | €45,355 | -€11,007 | -19.5% |
| Operating profit (loss) | 9901 | €26,231 | €1,752 | -€24,479 | -93.3% |
| Financial income | 75/76B | €2,454 | €3,152 | +€698 | +28.5% |
| Recurring financial income | 75 | €2,454 | €3,152 | +€698 | +28.5% |
| Financial charges | 65/66B | €1,171 | €822 | -€349 | -29.8% |
| Recurring financial charges | 65 | €1,171 | €822 | -€349 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €27,513 | €4,081 | -€23,432 | -85.2% |
| Income taxes | 67/77 | €6,257 | €1,422 | -€4,835 | -77.3% |
| Profit (loss) for the period | 9904 | €21,257 | €2,660 | -€18,597 | -87.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,257 | €2,660 | -€18,597 | -87.5% |
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 5 October 2026 via checked.be.