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Electri Software: what changed

Two fiscal 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

Electri Software

BE 0864.049.769
NACE 43.211, General electrical installation work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€265,830
2024 · €474,014-€208,184
Equity
€884,773
2024 · €618,943+€265,830
Cash
€520,670
2024 · €539,679-€19,009
Balance sheet total
€2.5m
2024 · €1.7m+€790,330

Largest movements

2024 to 2025
Assets
  • Current investments +€500,000

    up €500,000 (+100.0%), from €500,000 to €1.0m

  • Receivables within one year +€214,352

    up €214,352 (+56.6%), from €378,756 to €593,107

    of which Trade receivables: +€203,699

  • Deferred charges and accrued income +€114,262

    up €114,262 (+52.3%), from €218,430 to €332,692

Equity and liabilities
  • Trade debts +€381,729

    up €381,729 (+107.7%), from €354,573 to €736,302

  • Reserves +€265,830

    up €265,830 (+43.8%), from €606,543 to €872,373

  • Accrued charges and deferred income +€236,468

    up €236,468 (+58.3%), from €405,442 to €641,910

  • Other debts -€150,000

    down €150,000 (-100.0%), from €150,000 to €0

  • Tax, wage and social debts +€56,304

    up €56,304 (+33.1%), from €170,254 to €226,558

    of which Taxes: +€54,358

Income statement
  • Gross operating margin -€159,218

    down €159,218 (-16.1%), from €991,637 to €832,419

  • Staff costs +€75,828

    up €75,828 (+19.7%), from €385,131 to €460,959

  • Taxes -€17,085

    down €17,085 (-15.5%), from €110,079 to €92,994

From the 2024 result to the 2025 result

effect on the 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 €474,014
Gross operating margin -€159,218
Staff costs -€75,828
Depreciation +€2,620
Other operating charges +€234
Financial income +€7,411
Financial charges -€488
Taxes +€17,085
Result 2025 €265,830

Cash bridge derived

cash 2024 to 2025

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 +€482,836
Investment -€501,845
Financing €0
Cash 2024 €539,679
Net result for the year +€265,830
Depreciation +€21,119
Receivables within one year -€214,352
Deferred charges and accrued income -€114,262
Trade debts +€381,729
Tax, wage and social debts +€56,304
Other debts -€150,000
Accrued charges and deferred income +€236,468
Investment in fixed assets (net) -€1,845
Current investments -€500,000
Cash 2025 €520,670
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,699,212 €2,489,542 +€790,330 +46.5%
Fixed assets 21/28 €62,346 €43,072 -€19,274 -30.9%
Tangible fixed assets 22/27 €56,346 €40,087 -€16,259 -28.9%
Plant, machinery and equipment 23 €1,098 €1,397 +€299 +27.3%
Furniture and vehicles 24 €55,249 €38,690 -€16,559 -30.0%
Financial fixed assets 28 €6,000 €2,985 -€3,015 -50.3%
Current assets 29/58 €1,636,865 €2,446,470 +€809,605 +49.5%
Amounts receivable within one year 40/41 €378,756 €593,107 +€214,352 +56.6%
Trade receivables 40 €378,756 €582,455 +€203,699 +53.8%
Other amounts receivable 41 €0 €10,653 +€10,653
Current investments 50/53 €500,000 €1,000,000 +€500,000 +100.0%
Cash at bank and in hand 54/58 €539,679 €520,670 -€19,009 -3.5%
Deferred charges and accrued income 490/1 €218,430 €332,692 +€114,262 +52.3%
Total equity and liabilities 10/49 €1,699,212 €2,489,542 +€790,330 +46.5%
Equity 10/15 €618,943 €884,773 +€265,830 +42.9%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €606,543 €872,373 +€265,830 +43.8%
Distributable reserves 133 €606,543 €872,373 +€265,830 +43.8%
Profit (loss) carried forward 14 €0 €0 =
Amounts payable 17/49 €1,080,268 €1,604,769 +€524,500 +48.6%
Amounts payable within one year 42/48 €674,827 €962,859 +€288,033 +42.7%
Trade debts 44 €354,573 €736,302 +€381,729 +107.7%
Suppliers 440/4 €354,573 €736,302 +€381,729 +107.7%
Taxes, remuneration and social security 45 €170,254 €226,558 +€56,304 +33.1%
Taxes 450/3 €103,442 €157,799 +€54,358 +52.5%
Remuneration and social security 454/9 €66,812 €68,759 +€1,946 +2.9%
Other amounts payable 47/48 €150,000 €0 -€150,000 -100.0%
Accrued charges and deferred income 492/3 €405,442 €641,910 +€236,468 +58.3%
Remuneration, social security and pensions 62 €385,131 €460,959 +€75,828 +19.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €23,739 €21,119 -€2,620 -11.0%
Other operating charges 640/8 €1,773 €1,539 -€234 -13.2%
Gross operating margin 9900 €991,637 €832,419 -€159,218 -16.1%
Operating profit (loss) 9901 €580,994 €348,802 -€232,192 -40.0%
Financial income 75/76B €4,755 €12,166 +€7,411 +155.9%
Recurring financial income 75 €4,755 €12,166 +€7,411 +155.9%
Financial charges 65/66B €1,657 €2,144 +€488 +29.4%
Recurring financial charges 65 €1,657 €2,144 +€488 +29.4%
Profit (loss) for the period before taxes 9903 €584,092 €358,824 -€225,269 -38.6%
Income taxes 67/77 €110,079 €92,994 -€17,085 -15.5%
Profit (loss) for the period 9904 €474,014 €265,830 -€208,184 -43.9%
Profit (loss) for the period to be appropriated 9905 €474,014 €265,830 -€208,184 -43.9%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.