ELECTHOR: 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.
ELECTHOR
Largest movements
- Receivables within one year -€3,228
down €3,228 (-7.8%), from €41,562 to €38,334
of which Trade receivables: -€4,368
- Cash +€2,187
up €2,187 (+51.2%), from €4,272 to €6,459
mainly Receivables within one year (+€3,228) and Trade debts (+€619)
- Accrued charges and deferred income -€863
no longer reported in 2025 (was €863)
- Profit (loss) carried forward -€800
down €800 (-6.7%), from €11,963 to €11,163
- Trade debts +€619
up €619 (+2.9%), from €21,168 to €21,787
- Gross operating margin -€5,957
down €5,957 (-88.5%), from €6,729 to €772
- Other operating charges +€1,013
up €1,013 (+261.8%), from €387 to €1,400
- Taxes -€204
no longer reported in 2025 (was €204)
- Financial charges +€99
up €99 (+135.6%), from €73 to €172
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 | €45,834 | €44,793 | -€1,041 | -2.3% |
| Current assets | 29/58 | €45,834 | €44,793 | -€1,041 | -2.3% |
| Amounts receivable within one year | 40/41 | €41,562 | €38,334 | -€3,228 | -7.8% |
| Trade receivables | 40 | €41,302 | €36,934 | -€4,368 | -10.6% |
| Other amounts receivable | 41 | €260 | €1,400 | +€1,140 | +438.5% |
| Cash at bank and in hand | 54/58 | €4,272 | €6,459 | +€2,187 | +51.2% |
| Total equity and liabilities | 10/49 | €45,834 | €44,793 | -€1,041 | -2.3% |
| Equity | 10/15 | €22,963 | €22,163 | -€800 | -3.5% |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,963 | €11,163 | -€800 | -6.7% |
| Amounts payable | 17/49 | €22,871 | €22,630 | -€241 | -1.1% |
| Amounts payable within one year | 42/48 | €22,008 | €22,630 | +€622 | +2.8% |
| Trade debts | 44 | €21,168 | €21,787 | +€619 | +2.9% |
| Suppliers | 440/4 | €21,168 | €21,787 | +€619 | +2.9% |
| Advances received on contracts in progress | 46 | €291 | €291 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €204 | €204 | = | 0.0% |
| Taxes | 450/3 | €204 | €204 | = | 0.0% |
| Other amounts payable | 47/48 | €345 | €348 | +€3 | +0.9% |
| Accrued charges and deferred income | 492/3 | €863 | - | -€863 | |
| Other operating charges | 640/8 | €387 | €1,400 | +€1,013 | +261.8% |
| Gross operating margin | 9900 | €6,729 | €772 | -€5,957 | -88.5% |
| Operating profit (loss) | 9901 | €6,342 | -€628 | -€6,970 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €73 | €172 | +€99 | +135.6% |
| Recurring financial charges | 65 | €73 | €172 | +€99 | +135.6% |
| Profit (loss) for the period before taxes | 9903 | €6,271 | -€800 | -€7,071 | |
| Income taxes | 67/77 | €204 | - | -€204 | |
| Profit (loss) for the period | 9904 | €6,067 | -€800 | -€6,867 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,067 | -€800 | -€6,867 |
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 4 October 2026 via checked.be.