Electra Technics: what changed
Electra Technics
Largest movements
- Receivables within one year -€165,346
down €165,346 (-42.4%), from €389,575 to €224,229
of which Trade receivables: -€158,356
- Cash -€119,631
down €119,631 (-35.0%), from €342,096 to €222,465
mainly Other debts (-€150,000) and Contributions, distributions and other (-€100,000)
- Tangible fixed assets -€8,242
down €8,242 (-27.2%), from €30,271 to €22,029
- Other debts -€150,000
down €150,000 (-60.0%), from €250,000 to €100,000
- Trade debts -€99,731
down €99,731 (-44.2%), from €225,684 to €125,953
- Accrued charges and deferred income -€69,563
down €69,563 (-88.2%), from €78,900 to €9,337
- Reserves +€27,131
up €27,131 (+45.8%), from €59,180 to €86,312
of which Distributable reserves: +€27,131
- Tax, wage and social debts +€7,733
up €7,733 (+18.6%), from €41,588 to €49,322
of which Remuneration and social security: +€4,154
- Gross operating margin +€96,048
up €96,048 (+18.1%), from €530,188 to €626,235
- Staff costs +€45,680
up €45,680 (+11.3%), from €403,559 to €449,239
- Other operating charges -€14,998
down €14,998 (-89.7%), from €16,718 to €1,720
- Taxes +€11,265
up €11,265 (+45.9%), from €24,534 to €35,799
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €766,813 | €470,045 | -€296,768 | -38.7% |
| Fixed assets | 21/28 | €30,271 | €22,029 | -€8,242 | -27.2% |
| Tangible fixed assets | 22/27 | €30,271 | €22,029 | -€8,242 | -27.2% |
| Furniture and vehicles | 24 | €30,271 | €22,029 | -€8,242 | -27.2% |
| Current assets | 29/58 | €736,542 | €448,016 | -€288,526 | -39.2% |
| Amounts receivable within one year | 40/41 | €389,575 | €224,229 | -€165,346 | -42.4% |
| Trade receivables | 40 | €336,806 | €178,450 | -€158,356 | -47.0% |
| Other amounts receivable | 41 | €52,768 | €45,779 | -€6,990 | -13.2% |
| Cash at bank and in hand | 54/58 | €342,096 | €222,465 | -€119,631 | -35.0% |
| Deferred charges and accrued income | 490/1 | €4,871 | €1,323 | -€3,549 | -72.8% |
| Total equity and liabilities | 10/49 | €766,813 | €470,045 | -€296,768 | -38.7% |
| Equity | 10/15 | €144,180 | €171,312 | +€27,131 | +18.8% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €59,180 | €86,312 | +€27,131 | +45.8% |
| Non-distributable reserves | 130/1 | €8,500 | €8,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,500 | €8,500 | = | 0.0% |
| Distributable reserves | 133 | €50,680 | €77,812 | +€27,131 | +53.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €622,633 | €298,734 | -€323,899 | -52.0% |
| Amounts payable after more than one year | 17 | €9,124 | €1,644 | -€7,480 | -82.0% |
| Financial debts | 170/4 | €9,124 | €1,644 | -€7,480 | -82.0% |
| Amounts payable within one year | 42/48 | €534,609 | €287,753 | -€246,856 | -46.2% |
| Current portion of amounts payable after more than one year | 42 | €12,387 | €7,480 | -€4,907 | -39.6% |
| Financial debts | 43 | €4,949 | €4,998 | +€49 | +1.0% |
| Credit institutions | 430/8 | €4,949 | €4,998 | +€49 | +1.0% |
| Trade debts | 44 | €225,684 | €125,953 | -€99,731 | -44.2% |
| Suppliers | 440/4 | €225,684 | €125,953 | -€99,731 | -44.2% |
| Taxes, remuneration and social security | 45 | €41,588 | €49,322 | +€7,733 | +18.6% |
| Taxes | 450/3 | €437 | €4,016 | +€3,579 | +819% |
| Remuneration and social security | 454/9 | €41,151 | €45,305 | +€4,154 | +10.1% |
| Other amounts payable | 47/48 | €250,000 | €100,000 | -€150,000 | -60.0% |
| Accrued charges and deferred income | 492/3 | €78,900 | €9,337 | -€69,563 | -88.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €403,559 | €449,239 | +€45,680 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,584 | €10,660 | -€924 | -8.0% |
| Other operating charges | 640/8 | €16,718 | €1,720 | -€14,998 | -89.7% |
| Gross operating margin | 9900 | €530,188 | €626,235 | +€96,048 | +18.1% |
| Operating profit (loss) | 9901 | €98,327 | €164,616 | +€66,289 | +67.4% |
| Financial income | 75/76B | - | €358 | +€358 | |
| Recurring financial income | 75 | - | €358 | +€358 | |
| Financial charges | 65/66B | €2,544 | €2,043 | -€501 | -19.7% |
| Recurring financial charges | 65 | €2,544 | €2,043 | -€501 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €95,782 | €162,930 | +€67,148 | +70.1% |
| Income taxes | 67/77 | €24,534 | €35,799 | +€11,265 | +45.9% |
| Profit (loss) for the period | 9904 | €71,248 | €127,131 | +€55,883 | +78.4% |
| Profit (loss) for the period to be appropriated | 9905 | €71,248 | €127,131 | +€55,883 | +78.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.