Electra Lion AssetCo: 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.
What changed
Electra Lion AssetCo
NACE 27.120, Manufacture of electrical equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€5.6m
2024 · -€3.8m-€1.8m
Equity
€3.1m
2024 · -€3.7m+€6.8m
Cash
€7.3m
2024 · €8.6m-€1.3m
Balance sheet total
€74.6m
2024 · €65.9m+€8.7m
Largest movements
Assets
- Tangible fixed assets +€6.9m
up €6.9m (+13.6%), from €51.0m to €57.9m
- Deferred charges and accrued income -€3.3m
down €3.3m (-99.2%), from €3.3m to €24,974
- Formation expenses +€2.7m
new in 2025: €2.7m
- Current investments +€2.0m
new in 2025: €2.0m
- Receivables within one year +€1.7m
up €1.7m (+56.7%), from €3.0m to €4.7m
of which Other amounts receivable: +€968,556
Equity and liabilities
- Debts after one year +€18.2m
up €18.2m (+37.4%), from €48.6m to €66.8m
of which Financial debts: +€11.5m
- Trade debts -€16.2m
down €16.2m (-77.8%), from €20.9m to €4.6m
of which Suppliers: -€16.2m
- Contributions +€12.5m
up €12.5m (+1,250,000%), from €1,000 to €12.5m
- Profit (loss) carried forward -€5.6m
down €5.6m (-147%), from -€3.8m to -€9.5m
Income statement
- Turnover +€17.1m
new in 2025: €17.1m
- Goods and materials +€12.6m
new in 2025: €12.6m
- Financial charges +€4.0m
up €4.0m (+482%), from €832,750 to €4.8m
- Depreciation +€1.9m
up €1.9m (+59.9%), from €3.2m to €5.1m
- Gross operating margin -€215,146
no longer reported in 2025 (was €215,146)
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.
Result 2024
-€3.8m
Turnover
+€17.1m
Other operating income
+€6,804
Goods and materials
-€12.6m
Services and other goods
-€150,139
Depreciation
-€1.9m
Write-downs
+€49,108
Other operating charges
-€82,130
Other operating items
-€215,146
Financial income
-€5,431
Financial charges
-€4.0m
Result 2025
-€5.6m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
-€15.3m
Investment
-€16.8m
Financing
+€30.7m
Cash 2024
€8.6m
From operations (derived)
-€15.3m
Net result for the year
-€5.6m
Depreciation
+€5.1m
Receivables within one year
-€1.7m
Deferred charges and accrued income
+€3.3m
Trade debts
-€16.2m
Tax, wage and social debts
-€190,073
Other debts
+€254
Accrued charges and deferred income
+€80,568
Investment (derived)
-€16.8m
Investment in fixed assets (net)
-€14.7m
Current investments
-€2.0m
Financing
+€30.7m
Debts after one year
+€18.2m
Contributions, distributions and other
+€12.5m
Cash 2025
€7.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,870,851 | €74,572,062 | +€8.7m | +13.2% |
| Formation expenses | 20 | - | €2,663,479 | +€2.7m | |
| Fixed assets | 21/28 | €51,000,711 | €57,940,038 | +€6.9m | +13.6% |
| Tangible fixed assets | 22/27 | €50,993,410 | €57,928,272 | +€6.9m | +13.6% |
| Land and buildings | 22 | €50,993,410 | €57,928,272 | +€6.9m | +13.6% |
| Financial fixed assets | 28 | €7,301 | €11,765 | +€4,464 | +61.1% |
| Other financial fixed assets | 284/8 | - | €11,765 | +€11,765 | |
| Amounts receivable and cash guarantees | 285/8 | - | €11,765 | +€11,765 | |
| Current assets | 29/58 | €14,870,140 | €13,968,545 | -€901,594 | -6.1% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €2,974,827 | €4,662,583 | +€1.7m | +56.7% |
| Trade receivables | 40 | €2,873,650 | €3,592,850 | +€719,200 | +25.0% |
| Other amounts receivable | 41 | €101,177 | €1,069,733 | +€968,556 | +957% |
| Current investments | 50/53 | - | €2,007,360 | +€2.0m | |
| Other investments | 51/53 | - | €2,007,360 | +€2.0m | |
| Cash at bank and in hand | 54/58 | €8,603,156 | €7,273,629 | -€1.3m | -15.5% |
| Deferred charges and accrued income | 490/1 | €3,292,156 | €24,974 | -€3.3m | -99.2% |
| Total equity and liabilities | 10/49 | €65,870,851 | €74,572,062 | +€8.7m | +13.2% |
| Equity | 10/15 | -€3,748,486 | €3,099,910 | +€6.8m | |
| Contributions | 10/11 | €1,000 | €12,501,000 | +€12.5m | +1,250,000% |
| Profit (loss) carried forward | 14 | -€3,847,028 | -€9,488,652 | -€5.6m | -147% |
| Investment grants | 15 | €97,542 | €87,562 | -€9,980 | -10.2% |
| Amounts payable | 17/49 | €69,619,337 | €71,472,152 | +€1.9m | +2.7% |
| Amounts payable after more than one year | 17 | €48,575,251 | €66,761,447 | +€18.2m | +37.4% |
| Financial debts | 170/4 | €28,899,009 | €40,385,853 | +€11.5m | +39.7% |
| Credit institutions | 173 | - | €40,385,853 | +€40.4m | |
| Other amounts payable | 178/9 | €19,676,242 | €26,375,593 | +€6.7m | +34.0% |
| Amounts payable within one year | 42/48 | €21,044,086 | €4,630,137 | -€16.4m | -78.0% |
| Trade debts | 44 | €20,854,012 | €4,629,883 | -€16.2m | -77.8% |
| Suppliers | 440/4 | €20,848,972 | €4,617,113 | -€16.2m | -77.9% |
| Bills of exchange payable | 441 | €5,040 | €12,770 | +€7,730 | +153% |
| Taxes, remuneration and social security | 45 | €190,073 | €0 | -€190,073 | -100% |
| Taxes | 450/3 | €190,073 | €0 | -€190,073 | -100% |
| Other amounts payable | 47/48 | - | €254 | +€254 | |
| Accrued charges and deferred income | 492/3 | - | €80,568 | +€80,568 | |
| Operating income | 70/76A | - | €17,120,032 | +€17.1m | |
| Turnover | 70 | - | €17,113,228 | +€17.1m | |
| Other operating income | 74 | - | €6,804 | +€6,804 | |
| Operating charges | 60/66A | - | €17,947,769 | +€17.9m | |
| Goods for resale, raw materials and consumables | 60 | - | €12,572,557 | +€12.6m | |
| Purchases | 600/8 | - | €12,572,557 | +€12.6m | |
| Services and other goods | 61 | - | €150,139 | +€150,139 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,216,870 | €5,143,408 | +€1.9m | +59.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €48,610 | -€499 | -€49,108 | |
| Other operating charges | 640/8 | €34 | €82,164 | +€82,130 | +238,819% |
| Gross operating margin | 9900 | €215,146 | - | -€215,146 | |
| Operating profit (loss) | 9901 | -€3,050,369 | -€827,737 | +€2.2m | +72.9% |
| Financial income | 75/76B | €36,092 | €30,661 | -€5,431 | -15.0% |
| Recurring financial income | 75 | €36,092 | €30,661 | -€5,431 | -15.0% |
| Income from current assets | 751 | - | €19,781 | +€19,781 | |
| Other financial income | 752/9 | - | €10,880 | +€10,880 | |
| Financial charges | 65/66B | €832,750 | €4,844,548 | +€4.0m | +482% |
| Recurring financial charges | 65 | €832,750 | €4,844,548 | +€4.0m | +482% |
| Debt charges | 650 | - | €4,799,777 | +€4.8m | |
| Other financial charges | 652/9 | - | €44,771 | +€44,771 | |
| Profit (loss) for the period before taxes | 9903 | -€3,847,028 | -€5,641,624 | -€1.8m | -46.6% |
| Profit (loss) for the period | 9904 | -€3,847,028 | -€5,641,624 | -€1.8m | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,847,028 | -€5,641,624 | -€1.8m | -46.6% |
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 22 October 2026 via checked.be.