ELECTRIBO: 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.
ELECTRIBO
Largest movements
- Cash -€136,475
down €136,475 (-58.2%), from €234,383 to €97,907
mainly Contributions, distributions and other (-€230,000) and Receivables within one year (-€100,110)
- Receivables within one year +€100,110
up €100,110 (+72.3%), from €138,484 to €238,594
of which Other amounts receivable: +€52,810
- Tangible fixed assets -€18,820
down €18,820 (-30.0%), from €62,699 to €43,879
of which Leasing and similar rights: -€12,120
- Profit (loss) carried forward -€235,497
down €235,497 (-70.6%), from €333,576 to €98,079
- Other debts +€195,500
new in 2025: €195,500
- Trade debts -€11,583
down €11,583 (-84.2%), from €13,754 to €2,171
- Tax, wage and social debts +€11,551
up €11,551 (+17.1%), from €67,548 to €79,100
of which Remuneration and social security: +€7,422
- Current portion of long-term debt -€8,309
down €8,309 (-80.8%), from €10,289 to €1,981
- Purchases and services +€493,013
new in 2025: €493,013
- Staff costs +€104,095
up €104,095 (+35.3%), from €295,151 to €399,246
- Gross operating margin +€86,555
up €86,555 (+25.4%), from €341,427 to €427,982
- Turnover +€28,172
up €28,172 (+3.2%), from €892,823 to €920,995
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.
Cash bridge derived
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 | €441,728 | €387,012 | -€54,716 | -12.4% |
| Fixed assets | 21/28 | €63,209 | €44,389 | -€18,820 | -29.8% |
| Tangible fixed assets | 22/27 | €62,699 | €43,879 | -€18,820 | -30.0% |
| Plant, machinery and equipment | 23 | €1,897 | €697 | -€1,200 | -63.2% |
| Furniture and vehicles | 24 | €35,093 | €29,593 | -€5,500 | -15.7% |
| Leasing and similar rights | 25 | €25,709 | €13,589 | -€12,120 | -47.1% |
| Financial fixed assets | 28 | €510 | €510 | = | 0.0% |
| Current assets | 29/58 | €378,519 | €342,624 | -€35,896 | -9.5% |
| Stocks and contracts in progress | 3 | €3,500 | €3,350 | -€150 | -4.3% |
| Stocks | 30/36 | €3,500 | €3,350 | -€150 | -4.3% |
| Amounts receivable within one year | 40/41 | €138,484 | €238,594 | +€100,110 | +72.3% |
| Trade receivables | 40 | €84,505 | €131,806 | +€47,301 | +56.0% |
| Other amounts receivable | 41 | €53,979 | €106,788 | +€52,810 | +97.8% |
| Cash at bank and in hand | 54/58 | €234,383 | €97,907 | -€136,475 | -58.2% |
| Deferred charges and accrued income | 490/1 | €2,153 | €2,772 | +€620 | +28.8% |
| Total equity and liabilities | 10/49 | €441,728 | €387,012 | -€54,716 | -12.4% |
| Equity | 10/15 | €335,576 | €100,079 | -€235,497 | -70.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €333,576 | €98,079 | -€235,497 | -70.6% |
| Amounts payable | 17/49 | €106,152 | €286,933 | +€180,781 | +170.3% |
| Amounts payable after more than one year | 17 | €14,560 | €8,182 | -€6,378 | -43.8% |
| Financial debts | 170/4 | €14,560 | €8,182 | -€6,378 | -43.8% |
| Amounts payable within one year | 42/48 | €91,592 | €278,752 | +€187,159 | +204.3% |
| Current portion of amounts payable after more than one year | 42 | €10,289 | €1,981 | -€8,309 | -80.8% |
| Trade debts | 44 | €13,754 | €2,171 | -€11,583 | -84.2% |
| Suppliers | 440/4 | €13,754 | €2,171 | -€11,583 | -84.2% |
| Taxes, remuneration and social security | 45 | €67,548 | €79,100 | +€11,551 | +17.1% |
| Taxes | 450/3 | €43,793 | €47,922 | +€4,129 | +9.4% |
| Remuneration and social security | 454/9 | €23,755 | €31,178 | +€7,422 | +31.2% |
| Other amounts payable | 47/48 | - | €195,500 | +€195,500 | |
| Turnover | 70 | €892,823 | €920,995 | +€28,172 | +3.2% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €493,013 | +€493,013 | |
| Remuneration, social security and pensions | 62 | €295,151 | €399,246 | +€104,095 | +35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,498 | €25,636 | +€2,138 | +9.1% |
| Other operating charges | 640/8 | €11,095 | €6,022 | -€5,073 | -45.7% |
| Gross operating margin | 9900 | €341,427 | €427,982 | +€86,555 | +25.4% |
| Operating profit (loss) | 9901 | €11,682 | -€2,923 | -€14,605 | |
| Financial income | 75/76B | €2,020 | €2,917 | +€897 | +44.4% |
| Recurring financial income | 75 | €2,020 | €2,917 | +€897 | +44.4% |
| Financial charges | 65/66B | €4,870 | €4,364 | -€505 | -10.4% |
| Recurring financial charges | 65 | €4,870 | €4,364 | -€505 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €8,833 | -€4,371 | -€13,203 | |
| Income taxes | 67/77 | €3,057 | €1,126 | -€1,931 | -63.2% |
| Profit (loss) for the period | 9904 | €5,775 | -€5,497 | -€11,272 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,775 | -€5,497 | -€11,272 |
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 9 October 2026 via checked.be.