Electech: 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.
Electech
Largest movements
- Cash -€2,512
down €2,512 (-70.5%), from €3,560 to €1,049
mainly Net result for the year (-€2,766) and Receivables within one year (-€1,457)
- Receivables within one year +€1,457
up €1,457 (+174.0%), from €837 to €2,294
of which Trade receivables: +€1,895
- Tangible fixed assets -€1,374
down €1,374 (-54.2%), from €2,535 to €1,161
- Deferred charges and accrued income +€521
new in 2025: €521
- Profit (loss) carried forward -€2,766
down €2,766 (-57.5%), from €4,814 to €2,048
- Trade debts +€833
up €833 (+947.6%), from €88 to €921
- Turnover +€4,691
new in 2025: €4,691
- Gross operating margin -€4,532
down €4,532, from €3,484 to -€1,048
- Taxes -€481
no longer reported in 2025 (was €481)
- Depreciation +€425
up €425 (+44.7%), from €949 to €1,374
- Other operating charges +€225
up €225 (+300.0%), from €75 to €300
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 | €6,932 | €5,025 | -€1,908 | -27.5% |
| Fixed assets | 21/28 | €2,535 | €1,161 | -€1,374 | -54.2% |
| Tangible fixed assets | 22/27 | €2,535 | €1,161 | -€1,374 | -54.2% |
| Furniture and vehicles | 24 | €2,535 | €1,161 | -€1,374 | -54.2% |
| Current assets | 29/58 | €4,398 | €3,863 | -€534 | -12.1% |
| Amounts receivable within one year | 40/41 | €837 | €2,294 | +€1,457 | +174.0% |
| Trade receivables | 40 | €106 | €2,001 | +€1,895 | +1782.3% |
| Other amounts receivable | 41 | €731 | €293 | -€438 | -59.9% |
| Cash at bank and in hand | 54/58 | €3,560 | €1,049 | -€2,512 | -70.5% |
| Deferred charges and accrued income | 490/1 | - | €521 | +€521 | |
| Total equity and liabilities | 10/49 | €6,932 | €5,025 | -€1,908 | -27.5% |
| Equity | 10/15 | €6,314 | €3,548 | -€2,766 | -43.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,814 | €2,048 | -€2,766 | -57.5% |
| Amounts payable | 17/49 | €619 | €1,477 | +€859 | +138.8% |
| Amounts payable within one year | 42/48 | €619 | €1,477 | +€859 | +138.8% |
| Trade debts | 44 | €88 | €921 | +€833 | +947.6% |
| Suppliers | 440/4 | €88 | €921 | +€833 | +947.6% |
| Taxes, remuneration and social security | 45 | €531 | €494 | -€37 | -7.0% |
| Taxes | 450/3 | €531 | €494 | -€37 | -7.0% |
| Other amounts payable | 47/48 | - | €63 | +€63 | |
| Turnover | 70 | - | €4,691 | +€4,691 | |
| Goods, raw materials, services and sundry goods | 60/61 | €7,380 | €7,412 | +€32 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €949 | €1,374 | +€425 | +44.7% |
| Other operating charges | 640/8 | €75 | €300 | +€225 | +300.0% |
| Gross operating margin | 9900 | €3,484 | -€1,048 | -€4,532 | |
| Operating profit (loss) | 9901 | €2,460 | -€2,721 | -€5,181 | |
| Financial charges | 65/66B | €55 | €45 | -€10 | -18.0% |
| Recurring financial charges | 65 | €55 | €45 | -€10 | -18.0% |
| Non-recurring financial charges | 66B | €55 | - | -€55 | |
| Profit (loss) for the period before taxes | 9903 | €2,405 | -€2,766 | -€5,172 | |
| Income taxes | 67/77 | €481 | - | -€481 | |
| Profit (loss) for the period | 9904 | €1,924 | -€2,766 | -€4,690 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,924 | -€2,766 | -€4,690 |
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 10 October 2026 via checked.be.