ELECOM TECHNICS: 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.
ELECOM TECHNICS
Largest movements
- Cash +€32,455
up €32,455 (+243.2%), from €13,343 to €45,798
mainly Trade debts (+€64,115) and Depreciation (+€15,360)
- Receivables within one year +€15,964
up €15,964 (+21.2%), from €75,353 to €91,317
of which Other amounts receivable: +€14,944
- Tangible fixed assets +€14,169
up €14,169 (+26.6%), from €53,300 to €67,468
of which Furniture and vehicles: +€13,097
- Trade debts +€64,115
up €64,115 (+294.0%), from €21,806 to €85,921
- Profit (loss) carried forward +€8,629
up €8,629 (+13.5%), from €63,922 to €72,551
- Tax, wage and social debts -€7,618
down €7,618 (-23.8%), from €31,944 to €24,326
of which Taxes: -€10,328
- Advances received -€2,520
down €2,520 (-63.1%), from €3,994 to €1,474
- Purchases and services +€112,413
up €112,413 (+113.4%), from €99,137 to €211,550
- Turnover +€89,410
up €89,410 (+60.7%), from €147,393 to €236,803
- Gross operating margin -€18,189
down €18,189 (-29.8%), from €61,093 to €42,904
- Depreciation +€11,732
up €11,732 (+323.3%), from €3,629 to €15,360
- Staff costs -€9,375
down €9,375 (-57.0%), from €16,461 to €7,086
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 | €142,126 | €204,732 | +€62,605 | +44.0% |
| Fixed assets | 21/28 | €53,430 | €67,598 | +€14,169 | +26.5% |
| Tangible fixed assets | 22/27 | €53,300 | €67,468 | +€14,169 | +26.6% |
| Land and buildings | 22 | €25,001 | €24,161 | -€840 | -3.4% |
| Plant, machinery and equipment | 23 | €326 | €2,996 | +€2,670 | +819.7% |
| Furniture and vehicles | 24 | €20,579 | €33,676 | +€13,097 | +63.6% |
| Other tangible fixed assets | 26 | €7,394 | €6,635 | -€759 | -10.3% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €88,696 | €137,133 | +€48,437 | +54.6% |
| Amounts receivable within one year | 40/41 | €75,353 | €91,317 | +€15,964 | +21.2% |
| Trade receivables | 40 | €61,625 | €62,644 | +€1,020 | +1.7% |
| Other amounts receivable | 41 | €13,729 | €28,673 | +€14,944 | +108.9% |
| Cash at bank and in hand | 54/58 | €13,343 | €45,798 | +€32,455 | +243.2% |
| Deferred charges and accrued income | 490/1 | - | €18 | +€18 | |
| Total equity and liabilities | 10/49 | €142,126 | €204,732 | +€62,605 | +44.0% |
| Equity | 10/15 | €84,382 | €93,011 | +€8,629 | +10.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,922 | €72,551 | +€8,629 | +13.5% |
| Amounts payable | 17/49 | €57,744 | €111,720 | +€53,976 | +93.5% |
| Amounts payable within one year | 42/48 | €57,744 | €111,720 | +€53,976 | +93.5% |
| Trade debts | 44 | €21,806 | €85,921 | +€64,115 | +294.0% |
| Suppliers | 440/4 | €21,806 | €85,921 | +€64,115 | +294.0% |
| Advances received on contracts in progress | 46 | €3,994 | €1,474 | -€2,520 | -63.1% |
| Taxes, remuneration and social security | 45 | €31,944 | €24,326 | -€7,618 | -23.8% |
| Taxes | 450/3 | €30,194 | €19,866 | -€10,328 | -34.2% |
| Remuneration and social security | 454/9 | €1,750 | €4,460 | +€2,710 | +154.9% |
| Turnover | 70 | €147,393 | €236,803 | +€89,410 | +60.7% |
| Non-recurring operating income | 76A | €4,959 | €11,080 | +€6,121 | +123.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €99,137 | €211,550 | +€112,413 | +113.4% |
| Remuneration, social security and pensions | 62 | €16,461 | €7,086 | -€9,375 | -57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,629 | €15,360 | +€11,732 | +323.3% |
| Other operating charges | 640/8 | €6,709 | €3,514 | -€3,195 | -47.6% |
| Gross operating margin | 9900 | €61,093 | €42,904 | -€18,189 | -29.8% |
| Operating profit (loss) | 9901 | €34,294 | €16,943 | -€17,351 | -50.6% |
| Financial income | 75/76B | €80 | €216 | +€136 | +171.1% |
| Recurring financial income | 75 | €80 | €216 | +€136 | +171.1% |
| Financial charges | 65/66B | €577 | €495 | -€82 | -14.2% |
| Recurring financial charges | 65 | €577 | €495 | -€82 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €33,797 | €16,664 | -€17,133 | -50.7% |
| Income taxes | 67/77 | €11,747 | €8,035 | -€3,712 | -31.6% |
| Profit (loss) for the period | 9904 | €22,050 | €8,629 | -€13,421 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,050 | €8,629 | -€13,421 | -60.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.