ELECON PROJECTS: what changed
ELECON PROJECTS
Largest movements
- Cash -€343,805
down €343,805 (-97.8%), from €351,581 to €7,776
mainly Stocks and contracts (-€167,016) and Tax, wage and social debts (-€142,892)
- Stocks and contracts +€167,016
up €167,016 (+39.2%), from €425,993 to €593,010
- Tangible fixed assets -€12,846
down €12,846 (-15.1%), from €85,101 to €72,255
- Tax, wage and social debts -€142,892
down €142,892 (-100%), from €142,892 to €0
- Trade debts -€21,129
down €21,129 (-72.4%), from €29,167 to €8,038
- Profit (loss) carried forward -€17,530
down €17,530 (-38.3%), from -€45,795 to -€63,325
- Gross operating margin -€84,971
down €84,971 (-99.6%), from €85,344 to €374
- Financial charges -€27,213
down €27,213 (-99.5%), from €27,352 to €140
- Depreciation -€2,917
down €2,917 (-14.1%), from €20,743 to €17,827
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €863,765 | €678,365 | -€185,400 | -21.5% |
| Fixed assets | 21/28 | €85,101 | €72,255 | -€12,846 | -15.1% |
| Tangible fixed assets | 22/27 | €85,101 | €72,255 | -€12,846 | -15.1% |
| Plant, machinery and equipment | 23 | €85,101 | €72,255 | -€12,846 | -15.1% |
| Current assets | 29/58 | €778,664 | €606,110 | -€172,554 | -22.2% |
| Stocks and contracts in progress | 3 | €425,993 | €593,010 | +€167,016 | +39.2% |
| Stocks | 30/36 | €425,993 | €593,010 | +€167,016 | +39.2% |
| Amounts receivable within one year | 40/41 | €825 | €4,940 | +€4,115 | +499% |
| Other amounts receivable | 41 | €825 | €4,940 | +€4,115 | +499% |
| Cash at bank and in hand | 54/58 | €351,581 | €7,776 | -€343,805 | -97.8% |
| Deferred charges and accrued income | 490/1 | €265 | €384 | +€119 | +45.1% |
| Total equity and liabilities | 10/49 | €863,765 | €678,365 | -€185,400 | -21.5% |
| Equity | 10/15 | -€27,195 | -€44,725 | -€17,530 | -64.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,795 | -€63,325 | -€17,530 | -38.3% |
| Amounts payable | 17/49 | €890,960 | €723,090 | -€167,870 | -18.8% |
| Amounts payable after more than one year | 17 | €191,000 | €191,000 | = | 0.0% |
| Financial debts | 170/4 | €70,000 | €70,000 | = | 0.0% |
| Other amounts payable | 178/9 | €121,000 | €121,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €699,960 | €532,090 | -€167,870 | -24.0% |
| Trade debts | 44 | €29,167 | €8,038 | -€21,129 | -72.4% |
| Suppliers | 440/4 | €29,167 | €8,038 | -€21,129 | -72.4% |
| Taxes, remuneration and social security | 45 | €142,892 | €0 | -€142,892 | -100% |
| Taxes | 450/3 | €142,892 | €0 | -€142,892 | -100% |
| Other amounts payable | 47/48 | €527,901 | €524,052 | -€3,849 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,743 | €17,827 | -€2,917 | -14.1% |
| Other operating charges | 640/8 | €884 | €1,186 | +€302 | +34.1% |
| Gross operating margin | 9900 | €85,344 | €374 | -€84,971 | -99.6% |
| Operating profit (loss) | 9901 | €63,717 | -€18,639 | -€82,356 | |
| Financial income | 75/76B | €82 | €408 | +€326 | +400% |
| Recurring financial income | 75 | €82 | €408 | +€326 | +400% |
| Financial charges | 65/66B | €27,352 | €140 | -€27,213 | -99.5% |
| Recurring financial charges | 65 | €27,352 | €140 | -€27,213 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | €36,446 | -€18,371 | -€54,817 | |
| Profit (loss) for the period | 9904 | €36,446 | -€18,371 | -€54,817 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,446 | -€18,371 | -€54,817 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.