Electraflash 2000: 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.
Electraflash 2000
Largest movements
- Receivables within one year -€62,765
down €62,765 (-52.3%), from €120,011 to €57,246
of which Trade receivables: -€63,110
- Cash -€30,489
down €30,489 (-31.7%), from €96,249 to €65,760
mainly Investment in fixed assets (net) (-€61,046) and Net result for the year (-€59,655)
- Tangible fixed assets +€25,814
up €25,814 (+22.9%), from €112,941 to €138,756
of which Leasing and similar rights: +€35,064
- Profit (loss) carried forward -€59,655
down €59,655 (-62.9%), from €94,844 to €35,189
- Tax, wage and social debts -€49,168
down €49,168 (-78.3%), from €62,812 to €13,644
of which Remuneration and social security: -€43,453
- Debts after one year +€29,150
up €29,150 (+1,042%), from €2,797 to €31,947
- Trade debts +€16,364
up €16,364 (+58.0%), from €28,216 to €44,580
- Current portion of long-term debt -€6,861
down €6,861 (-27.6%), from €24,883 to €18,021
- Gross operating margin -€204,029
down €204,029 (-43.1%), from €473,279 to €269,250
- Staff costs -€122,485
down €122,485 (-30.3%), from €404,530 to €282,045
- Depreciation +€5,606
up €5,606 (+18.9%), from €29,625 to €35,232
- Other operating charges +€4,890
up €4,890 (+137%), from €3,564 to €8,454
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 | €341,990 | €271,419 | -€70,572 | -20.6% |
| Fixed assets | 21/28 | €114,938 | €140,752 | +€25,814 | +22.5% |
| Tangible fixed assets | 22/27 | €112,941 | €138,756 | +€25,814 | +22.9% |
| Land and buildings | 22 | €88,565 | €79,687 | -€8,878 | -10.0% |
| Plant, machinery and equipment | 23 | €687 | €526 | -€161 | -23.5% |
| Furniture and vehicles | 24 | €1,439 | €1,229 | -€210 | -14.6% |
| Leasing and similar rights | 25 | €22,250 | €57,314 | +€35,064 | +158% |
| Financial fixed assets | 28 | €1,997 | €1,997 | = | 0.0% |
| Current assets | 29/58 | €227,052 | €130,666 | -€96,386 | -42.5% |
| Stocks and contracts in progress | 3 | €2,000 | €1,000 | -€1,000 | -50.0% |
| Stocks | 30/36 | €2,000 | €1,000 | -€1,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €120,011 | €57,246 | -€62,765 | -52.3% |
| Trade receivables | 40 | €113,268 | €50,158 | -€63,110 | -55.7% |
| Other amounts receivable | 41 | €6,743 | €7,087 | +€345 | +5.1% |
| Cash at bank and in hand | 54/58 | €96,249 | €65,760 | -€30,489 | -31.7% |
| Deferred charges and accrued income | 490/1 | €8,793 | €6,661 | -€2,131 | -24.2% |
| Total equity and liabilities | 10/49 | €341,990 | €271,419 | -€70,572 | -20.6% |
| Equity | 10/15 | €205,968 | €146,313 | -€59,655 | -29.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €92,524 | €92,524 | = | 0.0% |
| Distributable reserves | 133 | €92,524 | €92,524 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,844 | €35,189 | -€59,655 | -62.9% |
| Amounts payable | 17/49 | €136,022 | €125,106 | -€10,917 | -8.0% |
| Amounts payable after more than one year | 17 | €2,797 | €31,947 | +€29,150 | +1,042% |
| Financial debts | 170/4 | €2,797 | €31,947 | +€29,150 | +1,042% |
| Amounts payable within one year | 42/48 | €133,225 | €93,158 | -€40,067 | -30.1% |
| Current portion of amounts payable after more than one year | 42 | €24,883 | €18,021 | -€6,861 | -27.6% |
| Trade debts | 44 | €28,216 | €44,580 | +€16,364 | +58.0% |
| Suppliers | 440/4 | €28,216 | €44,580 | +€16,364 | +58.0% |
| Taxes, remuneration and social security | 45 | €62,812 | €13,644 | -€49,168 | -78.3% |
| Taxes | 450/3 | €7,911 | €2,196 | -€5,715 | -72.2% |
| Remuneration and social security | 454/9 | €54,901 | €11,448 | -€43,453 | -79.1% |
| Other amounts payable | 47/48 | €17,314 | €16,913 | -€401 | -2.3% |
| Remuneration, social security and pensions | 62 | €404,530 | €282,045 | -€122,485 | -30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,625 | €35,232 | +€5,606 | +18.9% |
| Other operating charges | 640/8 | €3,564 | €8,454 | +€4,890 | +137% |
| Gross operating margin | 9900 | €473,279 | €269,250 | -€204,029 | -43.1% |
| Operating profit (loss) | 9901 | €35,560 | -€56,481 | -€92,040 | |
| Financial income | 75/76B | €566 | €431 | -€136 | -23.9% |
| Recurring financial income | 75 | €566 | €431 | -€136 | -23.9% |
| Financial charges | 65/66B | €2,388 | €2,830 | +€442 | +18.5% |
| Recurring financial charges | 65 | €2,388 | €2,830 | +€442 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €33,738 | -€58,880 | -€92,618 | |
| Income taxes | 67/77 | €3,879 | €774 | -€3,104 | -80.0% |
| Profit (loss) for the period | 9904 | €29,859 | -€59,655 | -€89,514 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,859 | -€59,655 | -€89,514 |
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 13 October 2026 via checked.be.