ELECTRACOM: 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.
ELECTRACOM
Largest movements
- Receivables within one year -€25,412
down €25,412 (-16.9%), from €150,427 to €125,015
of which Other amounts receivable: -€14,919
- Stocks and contracts +€15,756
up €15,756 (+46.0%), from €34,244 to €50,000
of which Contracts in progress: +€50,000
- Cash +€5,929
up €5,929 (+33.1%), from €17,900 to €23,829
mainly Receivables within one year (+€25,412) and Depreciation (+€5,091)
- Other debts -€14,500
down €14,500 (-90.5%), from €16,016 to €1,516
- Trade debts +€5,068
up €5,068 (+67.3%), from €7,532 to €12,600
- Tax, wage and social debts +€4,957
up €4,957 (+875%), from €567 to €5,524
- Gross operating margin +€7,061
up €7,061 (+47.9%), from €14,738 to €21,800
- Depreciation +€1,171
up €1,171 (+29.9%), from €3,920 to €5,091
- Taxes +€955
up €955 (+148%), from €644 to €1,599
- Financial income +€284
up €284 (+8,205%), from €3 to €287
- Staff costs -€220
no longer reported in 2025 (was €220)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €224,540 | €221,480 | -€3,061 | -1.4% |
| Fixed assets | 21/28 | €21,570 | €21,349 | -€221 | -1.0% |
| Tangible fixed assets | 22/27 | €21,219 | €20,998 | -€221 | -1.0% |
| Furniture and vehicles | 24 | €21,219 | €20,998 | -€221 | -1.0% |
| Financial fixed assets | 28 | €351 | €351 | = | 0.0% |
| Current assets | 29/58 | €202,971 | €200,131 | -€2,840 | -1.4% |
| Stocks and contracts in progress | 3 | €34,244 | €50,000 | +€15,756 | +46.0% |
| Stocks | 30/36 | €34,244 | - | -€34,244 | |
| Contracts in progress | 37 | - | €50,000 | +€50,000 | |
| Amounts receivable within one year | 40/41 | €150,427 | €125,015 | -€25,412 | -16.9% |
| Trade receivables | 40 | €30,526 | €20,033 | -€10,492 | -34.4% |
| Other amounts receivable | 41 | €119,901 | €104,982 | -€14,919 | -12.4% |
| Cash at bank and in hand | 54/58 | €17,900 | €23,829 | +€5,929 | +33.1% |
| Deferred charges and accrued income | 490/1 | €401 | €1,287 | +€887 | +221% |
| Total equity and liabilities | 10/49 | €224,540 | €221,480 | -€3,061 | -1.4% |
| Equity | 10/15 | €200,379 | €201,841 | +€1,461 | +0.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €139,283 | €139,867 | +€584 | +0.4% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €133,086 | €133,670 | +€584 | +0.4% |
| Profit (loss) carried forward | 14 | -€878 | - | +€878 | |
| Amounts payable | 17/49 | €24,161 | €19,639 | -€4,522 | -18.7% |
| Amounts payable within one year | 42/48 | €24,114 | €19,639 | -€4,475 | -18.6% |
| Trade debts | 44 | €7,532 | €12,600 | +€5,068 | +67.3% |
| Suppliers | 440/4 | €7,532 | €12,600 | +€5,068 | +67.3% |
| Taxes, remuneration and social security | 45 | €567 | €5,524 | +€4,957 | +875% |
| Taxes | 450/3 | €567 | €5,524 | +€4,957 | +875% |
| Other amounts payable | 47/48 | €16,016 | €1,516 | -€14,500 | -90.5% |
| Accrued charges and deferred income | 492/3 | €47 | - | -€47 | |
| Remuneration, social security and pensions | 62 | €220 | - | -€220 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,920 | €5,091 | +€1,171 | +29.9% |
| Other operating charges | 640/8 | €3,036 | €2,942 | -€94 | -3.1% |
| Non-recurring operating charges | 66A | - | €10,755 | +€10,755 | |
| Gross operating margin | 9900 | €14,738 | €21,800 | +€7,061 | +47.9% |
| Operating profit (loss) | 9901 | €7,562 | €3,011 | -€4,551 | -60.2% |
| Financial income | 75/76B | €3 | €287 | +€284 | +8,205% |
| Recurring financial income | 75 | €3 | €287 | +€284 | +8,205% |
| Financial charges | 65/66B | €233 | €239 | +€6 | +2.5% |
| Recurring financial charges | 65 | €233 | €239 | +€6 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €7,333 | €3,060 | -€4,273 | -58.3% |
| Income taxes | 67/77 | €644 | €1,599 | +€955 | +148% |
| Profit (loss) for the period | 9904 | €6,689 | €1,461 | -€5,228 | -78.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,689 | €1,461 | -€5,228 | -78.2% |
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 24 October 2026 via checked.be.