ELECSOLUTION: 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.
ELECSOLUTION
Largest movements
- Receivables within one year -€37,593
down €37,593 (-64.3%), from €58,463 to €20,870
of which Trade receivables: -€40,089
- Cash +€13,097
up €13,097 (+45.8%), from €28,581 to €41,678
mainly Receivables within one year (+€37,593) and Net result for the year (+€8,826)
- Trade debts -€40,175
down €40,175 (-95.6%), from €42,045 to €1,871
- Profit (loss) carried forward +€8,826
up €8,826 (+25.4%), from €34,738 to €43,564
- Tax, wage and social debts +€5,936
up €5,936 (+66.9%), from €8,869 to €14,805
of which Remuneration and social security: +€3,472
- Other debts +€917
up €917 (+96.3%), from €952 to €1,868
- Turnover -€116,414
no longer reported in 2025 (was €116,414)
- Purchases and services -€69,517
no longer reported in 2025 (was €69,517)
- Gross operating margin -€36,881
down €36,881 (-76.3%), from €48,316 to €11,435
- Taxes -€6,245
down €6,245 (-71.7%), from €8,709 to €2,464
- Other operating charges -€4,241
down €4,241 (-99.0%), from €4,285 to €44
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 | €87,104 | €62,608 | -€24,496 | -28.1% |
| Fixed assets | 21/28 | €60 | €60 | = | 0.0% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €87,044 | €62,548 | -€24,496 | -28.1% |
| Amounts receivable within one year | 40/41 | €58,463 | €20,870 | -€37,593 | -64.3% |
| Trade receivables | 40 | €58,199 | €18,110 | -€40,089 | -68.9% |
| Other amounts receivable | 41 | €264 | €2,759 | +€2,496 | +945.5% |
| Cash at bank and in hand | 54/58 | €28,581 | €41,678 | +€13,097 | +45.8% |
| Total equity and liabilities | 10/49 | €87,104 | €62,608 | -€24,496 | -28.1% |
| Equity | 10/15 | €35,238 | €44,064 | +€8,826 | +25.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,738 | €43,564 | +€8,826 | +25.4% |
| Amounts payable | 17/49 | €51,865 | €18,544 | -€33,322 | -64.2% |
| Amounts payable within one year | 42/48 | €51,865 | €18,544 | -€33,322 | -64.2% |
| Trade debts | 44 | €42,045 | €1,871 | -€40,175 | -95.6% |
| Suppliers | 440/4 | €42,045 | €1,871 | -€40,175 | -95.6% |
| Taxes, remuneration and social security | 45 | €8,869 | €14,805 | +€5,936 | +66.9% |
| Taxes | 450/3 | €8,709 | €11,172 | +€2,464 | +28.3% |
| Remuneration and social security | 454/9 | €160 | €3,632 | +€3,472 | +2170.2% |
| Other amounts payable | 47/48 | €952 | €1,868 | +€917 | +96.3% |
| Turnover | 70 | €116,414 | - | -€116,414 | |
| Goods, raw materials, services and sundry goods | 60/61 | €69,517 | - | -€69,517 | |
| Other operating charges | 640/8 | €4,285 | €44 | -€4,241 | -99.0% |
| Gross operating margin | 9900 | €48,316 | €11,435 | -€36,881 | -76.3% |
| Operating profit (loss) | 9901 | €44,031 | €11,391 | -€32,640 | -74.1% |
| Financial income | 75/76B | €321 | €264 | -€57 | -17.8% |
| Recurring financial income | 75 | €321 | €264 | -€57 | -17.8% |
| Financial charges | 65/66B | €905 | €365 | -€540 | -59.7% |
| Recurring financial charges | 65 | €905 | €365 | -€540 | -59.7% |
| Profit (loss) for the period before taxes | 9903 | €43,447 | €11,290 | -€32,157 | -74.0% |
| Income taxes | 67/77 | €8,709 | €2,464 | -€6,245 | -71.7% |
| Profit (loss) for the period | 9904 | €34,738 | €8,826 | -€25,912 | -74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €34,738 | €8,826 | -€25,912 | -74.6% |
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.