ELECT-ONE: 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.
ELECT-ONE
Largest movements
- Tangible fixed assets +€139,870
up €139,870 (+242.8%), from €57,598 to €197,468
of which Furniture and vehicles: +€141,057
- Cash +€33,091
up €33,091 (+161.0%), from €20,558 to €53,650
mainly Debts after one year (+€80,047) and Net result for the year (+€41,065)
- Receivables within one year -€9,757
down €9,757 (-5.0%), from €195,605 to €185,848
of which Trade receivables: -€18,631
- Debts after one year +€80,047
up €80,047 (+215.4%), from €37,164 to €117,211
- Profit (loss) carried forward +€41,068
up €41,068 (+35.4%), from €116,056 to €157,124
- Trade debts +€27,047
up €27,047 (+36.5%), from €74,080 to €101,127
- Tax, wage and social debts +€8,825
up €8,825 (+24.7%), from €35,797 to €44,622
- Current portion of long-term debt +€6,216
up €6,216 (+109.7%), from €5,664 to €11,880
- Gross operating margin -€69,552
down €69,552 (-43.6%), from €159,486 to €89,934
- Depreciation +€27,571
up €27,571 (+539.2%), from €5,113 to €32,685
- Taxes -€26,971
down €26,971 (-75.3%), from €35,797 to €8,825
- Financial charges +€4,875
up €4,875 (+601.2%), from €811 to €5,686
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 | €273,761 | €436,965 | +€163,204 | +59.6% |
| Fixed assets | 21/28 | €57,598 | €197,468 | +€139,870 | +242.8% |
| Tangible fixed assets | 22/27 | €57,598 | €197,468 | +€139,870 | +242.8% |
| Plant, machinery and equipment | 23 | €5,693 | €4,506 | -€1,187 | -20.9% |
| Furniture and vehicles | 24 | €51,905 | €192,962 | +€141,057 | +271.8% |
| Current assets | 29/58 | €216,163 | €239,497 | +€23,334 | +10.8% |
| Amounts receivable within one year | 40/41 | €195,605 | €185,848 | -€9,757 | -5.0% |
| Trade receivables | 40 | €148,062 | €129,432 | -€18,631 | -12.6% |
| Other amounts receivable | 41 | €47,543 | €56,416 | +€8,873 | +18.7% |
| Cash at bank and in hand | 54/58 | €20,558 | €53,650 | +€33,091 | +161.0% |
| Total equity and liabilities | 10/49 | €273,761 | €436,965 | +€163,204 | +59.6% |
| Equity | 10/15 | €121,056 | €162,124 | +€41,068 | +33.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,056 | €157,124 | +€41,068 | +35.4% |
| Amounts payable | 17/49 | €152,705 | €274,841 | +€122,136 | +80.0% |
| Amounts payable after more than one year | 17 | €37,164 | €117,211 | +€80,047 | +215.4% |
| Financial debts | 170/4 | €37,164 | €117,211 | +€80,047 | +215.4% |
| Amounts payable within one year | 42/48 | €115,541 | €157,630 | +€42,089 | +36.4% |
| Current portion of amounts payable after more than one year | 42 | €5,664 | €11,880 | +€6,216 | +109.7% |
| Trade debts | 44 | €74,080 | €101,127 | +€27,047 | +36.5% |
| Suppliers | 440/4 | €74,080 | €101,127 | +€27,047 | +36.5% |
| Taxes, remuneration and social security | 45 | €35,797 | €44,622 | +€8,825 | +24.7% |
| Taxes | 450/3 | €35,797 | €44,622 | +€8,825 | +24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,113 | €32,685 | +€27,571 | +539.2% |
| Other operating charges | 640/8 | €1,709 | €1,674 | -€35 | -2.1% |
| Gross operating margin | 9900 | €159,486 | €89,934 | -€69,552 | -43.6% |
| Operating profit (loss) | 9901 | €152,664 | €55,576 | -€97,088 | -63.6% |
| Financial charges | 65/66B | €811 | €5,686 | +€4,875 | +601.2% |
| Recurring financial charges | 65 | €811 | €5,686 | +€4,875 | +601.2% |
| Profit (loss) for the period before taxes | 9903 | €151,853 | €49,890 | -€101,963 | -67.1% |
| Income taxes | 67/77 | €35,797 | €8,825 | -€26,971 | -75.3% |
| Profit (loss) for the period | 9904 | €116,056 | €41,065 | -€74,992 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €116,056 | €41,065 | -€74,992 | -64.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.