Elecoo: 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.
Elecoo
Largest movements
- Cash +€23,632
up €23,632 (+26.4%), from €89,554 to €113,185
mainly Contributions, distributions and other (+€32,750) and Depreciation (+€7,971)
- Tangible fixed assets -€7,471
down €7,471 (-6.8%), from €109,696 to €102,226
- Stocks and contracts -€3,311
down €3,311 (-12.3%), from €26,959 to €23,648
- Contributions +€32,750
up €32,750 (+10.6%), from €309,250 to €342,000
- Trade debts -€13,153
down €13,153 (-80.6%), from €16,314 to €3,161
- Profit (loss) carried forward -€6,897
down €6,897 (-17.9%), from -€38,481 to -€45,377
- Gross operating margin +€8,304
up €8,304, from -€6,623 to €1,681
- Other operating charges +€229
up €229 (+54.0%), from €424 to €654
- Depreciation +€136
up €136 (+1.7%), from €7,835 to €7,971
- Financial income -€122
down €122 (-41.2%), from €296 to €174
- Financial charges -€77
down €77 (-37.8%), from €205 to €127
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 | €287,419 | €301,249 | +€13,830 | +4.8% |
| Formation expenses | 20 | €798 | €399 | -€399 | -50.0% |
| Fixed assets | 21/28 | €109,797 | €102,226 | -€7,572 | -6.9% |
| Intangible fixed assets | 21 | €101 | €0 | -€101 | -100.0% |
| Tangible fixed assets | 22/27 | €109,696 | €102,226 | -€7,471 | -6.8% |
| Plant, machinery and equipment | 23 | €109,696 | €102,226 | -€7,471 | -6.8% |
| Current assets | 29/58 | €176,824 | €198,624 | +€21,800 | +12.3% |
| Amounts receivable after more than one year | 29 | €31,500 | €31,500 | = | 0.0% |
| Other amounts receivable | 291 | €31,500 | €31,500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €26,959 | €23,648 | -€3,311 | -12.3% |
| Stocks | 30/36 | €26,959 | €23,648 | -€3,311 | -12.3% |
| Amounts receivable within one year | 40/41 | €28,466 | €29,597 | +€1,130 | +4.0% |
| Trade receivables | 40 | €15,317 | €15,954 | +€637 | +4.2% |
| Other amounts receivable | 41 | €13,149 | €13,643 | +€494 | +3.8% |
| Cash at bank and in hand | 54/58 | €89,554 | €113,185 | +€23,632 | +26.4% |
| Deferred charges and accrued income | 490/1 | €345 | €694 | +€349 | +101.3% |
| Total equity and liabilities | 10/49 | €287,419 | €301,249 | +€13,830 | +4.8% |
| Equity | 10/15 | €270,769 | €296,623 | +€25,853 | +9.5% |
| Contributions | 10/11 | €309,250 | €342,000 | +€32,750 | +10.6% |
| Profit (loss) carried forward | 14 | -€38,481 | -€45,377 | -€6,897 | -17.9% |
| Amounts payable | 17/49 | €16,650 | €4,626 | -€12,024 | -72.2% |
| Amounts payable within one year | 42/48 | €16,650 | €4,626 | -€12,024 | -72.2% |
| Trade debts | 44 | €16,314 | €3,161 | -€13,153 | -80.6% |
| Suppliers | 440/4 | €16,314 | €3,161 | -€13,153 | -80.6% |
| Taxes, remuneration and social security | 45 | €336 | €1,147 | +€812 | +241.9% |
| Taxes | 450/3 | €336 | €1,147 | +€812 | +241.9% |
| Other amounts payable | 47/48 | - | €318 | +€318 | |
| Non-recurring operating income | 76A | €0 | - | -€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,835 | €7,971 | +€136 | +1.7% |
| Other operating charges | 640/8 | €424 | €654 | +€229 | +54.0% |
| Gross operating margin | 9900 | -€6,623 | €1,681 | +€8,304 | |
| Operating profit (loss) | 9901 | -€14,882 | -€6,943 | +€7,939 | +53.3% |
| Financial income | 75/76B | €296 | €174 | -€122 | -41.2% |
| Recurring financial income | 75 | €296 | €174 | -€122 | -41.2% |
| Financial charges | 65/66B | €205 | €127 | -€77 | -37.8% |
| Recurring financial charges | 65 | €205 | €127 | -€77 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,791 | -€6,897 | +€7,894 | +53.4% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€14,791 | -€6,897 | +€7,894 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,791 | -€6,897 | +€7,894 | +53.4% |
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.