ELECTRA-TECH: 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.
ELECTRA-TECH
Largest movements
- Receivables within one year +€17,548
up €17,548 (+274.2%), from €6,399 to €23,947
of which Trade receivables: +€9,702
- Tangible fixed assets +€10,236
new in 2024: €10,236
- Cash +€6,857
up €6,857 (+3814.3%), from €180 to €7,036
mainly Net result for the year (+€17,013) and Tax, wage and social debts (+€8,370)
- Profit (loss) carried forward +€17,013
up €17,013 (+955.2%), from €1,781 to €18,795
- Tax, wage and social debts +€8,370
up €8,370 (+479.5%), from €1,745 to €10,115
of which Taxes: +€5,978
- Contributions +€3,000
new in 2024: €3,000
- Current portion of long-term debt +€2,923
new in 2024: €2,923
- Debts after one year +€2,811
new in 2024: €2,811
- Gross operating margin +€21,537
up €21,537 (+505.1%), from €4,264 to €25,802
- Taxes +€5,532
up €5,532 (+1242.1%), from €445 to €5,978
- Other operating charges +€1,355
up €1,355 (+855.7%), from €158 to €1,513
- Depreciation -€1,115
down €1,115 (-59.4%), from €1,879 to €764
- Staff costs +€447
new in 2024: €447
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,579 | €41,219 | +€34,641 | +526.5% |
| Fixed assets | 21/28 | - | €10,236 | +€10,236 | |
| Tangible fixed assets | 22/27 | - | €10,236 | +€10,236 | |
| Furniture and vehicles | 24 | - | €10,236 | +€10,236 | |
| Current assets | 29/58 | €6,579 | €30,983 | +€24,404 | +371.0% |
| Amounts receivable within one year | 40/41 | €6,399 | €23,947 | +€17,548 | +274.2% |
| Trade receivables | 40 | €5,992 | €15,694 | +€9,702 | +161.9% |
| Other amounts receivable | 41 | €407 | €8,253 | +€7,845 | +1926.8% |
| Cash at bank and in hand | 54/58 | €180 | €7,036 | +€6,857 | +3814.3% |
| Total equity and liabilities | 10/49 | €6,579 | €41,219 | +€34,641 | +526.5% |
| Equity | 10/15 | €1,781 | €21,795 | +€20,013 | +1123.6% |
| Contributions | 10/11 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | €1,781 | €18,795 | +€17,013 | +955.2% |
| Amounts payable | 17/49 | €4,798 | €19,425 | +€14,627 | +304.9% |
| Amounts payable after more than one year | 17 | - | €2,811 | +€2,811 | |
| Financial debts | 170/4 | - | €2,811 | +€2,811 | |
| Amounts payable within one year | 42/48 | €4,798 | €16,613 | +€11,816 | +246.3% |
| Current portion of amounts payable after more than one year | 42 | - | €2,923 | +€2,923 | |
| Trade debts | 44 | €3,052 | €3,575 | +€523 | +17.1% |
| Suppliers | 440/4 | €3,052 | €3,575 | +€523 | +17.1% |
| Taxes, remuneration and social security | 45 | €1,745 | €10,115 | +€8,370 | +479.5% |
| Taxes | 450/3 | €445 | €6,423 | +€5,978 | +1342.1% |
| Remuneration and social security | 454/9 | €1,300 | €3,692 | +€2,392 | +184.0% |
| Remuneration, social security and pensions | 62 | - | €447 | +€447 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,879 | €764 | -€1,115 | -59.4% |
| Other operating charges | 640/8 | €158 | €1,513 | +€1,355 | +855.7% |
| Gross operating margin | 9900 | €4,264 | €25,802 | +€21,537 | +505.1% |
| Operating profit (loss) | 9901 | €2,227 | €23,078 | +€20,852 | +936.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €87 | +€87 | |
| Recurring financial charges | 65 | - | €87 | +€87 | |
| Profit (loss) for the period before taxes | 9903 | €2,227 | €22,991 | +€20,765 | +932.6% |
| Income taxes | 67/77 | €445 | €5,978 | +€5,532 | +1242.1% |
| Profit (loss) for the period | 9904 | €1,781 | €17,013 | +€15,232 | +855.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,781 | €17,013 | +€15,232 | +855.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.