ELECFLO: 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.
ELECFLO
Largest movements
- Tangible fixed assets +€8,816
up €8,816 (+86.8%), from €10,163 to €18,979
of which Furniture and vehicles: +€6,120
- Receivables within one year +€4,148
up €4,148 (+28.2%), from €14,700 to €18,848
of which Trade receivables: +€2,327
- Cash -€769
down €769 (-6.1%), from €12,633 to €11,863
mainly Investment in fixed assets (net) (-€12,373) and Trade debts (-€4,760)
- Profit (loss) carried forward +€14,963
up €14,963 (+52.5%), from €28,512 to €43,475
- Trade debts -€4,760
down €4,760 (-32.9%), from €14,475 to €9,715
- Tax, wage and social debts +€3,388
up €3,388 (+39.5%), from €8,582 to €11,970
of which Taxes: +€4,338
- Other debts -€1,912
down €1,912 (-70.5%), from €2,712 to €800
- Gross operating margin -€14,906
down €14,906 (-39.2%), from €38,043 to €23,136
- Taxes -€3,306
down €3,306 (-43.6%), from €7,582 to €4,276
- Depreciation +€2,304
up €2,304 (+183.9%), from €1,253 to €3,557
- Financial income +€548
up €548 (+140.3%), from €390 to €938
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 | €58,343 | €69,960 | +€11,617 | +19.9% |
| Fixed assets | 21/28 | €10,163 | €18,979 | +€8,816 | +86.8% |
| Tangible fixed assets | 22/27 | €10,163 | €18,979 | +€8,816 | +86.8% |
| Plant, machinery and equipment | 23 | - | €2,697 | +€2,697 | |
| Furniture and vehicles | 24 | €10,163 | €16,282 | +€6,120 | +60.2% |
| Current assets | 29/58 | €48,180 | €50,981 | +€2,801 | +5.8% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 291 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,700 | €18,848 | +€4,148 | +28.2% |
| Trade receivables | 40 | €10,422 | €12,749 | +€2,327 | +22.3% |
| Other amounts receivable | 41 | €4,278 | €6,099 | +€1,821 | +42.6% |
| Cash at bank and in hand | 54/58 | €12,633 | €11,863 | -€769 | -6.1% |
| Deferred charges and accrued income | 490/1 | €848 | €270 | -€578 | -68.1% |
| Total equity and liabilities | 10/49 | €58,343 | €69,960 | +€11,617 | +19.9% |
| Equity | 10/15 | €32,512 | €47,475 | +€14,963 | +46.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,512 | €43,475 | +€14,963 | +52.5% |
| Amounts payable | 17/49 | €25,831 | €22,485 | -€3,346 | -13.0% |
| Amounts payable within one year | 42/48 | €25,769 | €22,485 | -€3,284 | -12.7% |
| Trade debts | 44 | €14,475 | €9,715 | -€4,760 | -32.9% |
| Suppliers | 440/4 | €14,475 | €9,715 | -€4,760 | -32.9% |
| Taxes, remuneration and social security | 45 | €8,582 | €11,970 | +€3,388 | +39.5% |
| Taxes | 450/3 | €7,632 | €11,970 | +€4,338 | +56.8% |
| Remuneration and social security | 454/9 | €950 | - | -€950 | |
| Other amounts payable | 47/48 | €2,712 | €800 | -€1,912 | -70.5% |
| Accrued charges and deferred income | 492/3 | €62 | - | -€62 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,253 | €3,557 | +€2,304 | +183.9% |
| Other operating charges | 640/8 | €274 | €456 | +€182 | +66.3% |
| Gross operating margin | 9900 | €38,043 | €23,136 | -€14,906 | -39.2% |
| Operating profit (loss) | 9901 | €36,516 | €19,124 | -€17,392 | -47.6% |
| Financial income | 75/76B | €390 | €938 | +€548 | +140.3% |
| Recurring financial income | 75 | €390 | €938 | +€548 | +140.3% |
| Financial charges | 65/66B | €13 | €23 | +€10 | +73.2% |
| Recurring financial charges | 65 | €13 | €23 | +€10 | +73.2% |
| Profit (loss) for the period before taxes | 9903 | €36,893 | €20,039 | -€16,854 | -45.7% |
| Income taxes | 67/77 | €7,582 | €4,276 | -€3,306 | -43.6% |
| Profit (loss) for the period | 9904 | €29,312 | €15,763 | -€13,548 | -46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,312 | €15,763 | -€13,548 | -46.2% |
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.