ELECTRO - CANDOTTI: 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.
ELECTRO - CANDOTTI
Largest movements
- Stocks and contracts -€1,750
down €1,750 (-59.1%), from €2,961 to €1,211
- Cash -€1,616
down €1,616 (-30.2%), from €5,342 to €3,727
mainly Tax, wage and social debts (-€2,397) and Receivables within one year (-€957)
- Receivables within one year +€957
up €957 (+36.2%), from €2,644 to €3,600
of which Other amounts receivable: +€694
- Tangible fixed assets -€398
down €398 (-51.4%), from €774 to €376
- Tax, wage and social debts -€2,397
down €2,397 (-15.1%), from €15,869 to €13,472
of which Remuneration and social security: -€3,536
- Trade debts -€529
down €529 (-10.0%), from €5,281 to €4,752
- Profit (loss) carried forward +€137
up €137 (+0.1%), from -€110,784 to -€110,646
- Staff costs -€5,402
down €5,402, from €5,299 to -€103
- Gross operating margin -€279
down €279 (-19.6%), from €1,423 to €1,144
- Other operating charges +€207
up €207 (+187.8%), from €110 to €317
- Depreciation -€67
down €67 (-14.4%), from €465 to €398
- Financial charges -€44
down €44 (-9.9%), from €439 to €396
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 | €13,254 | €10,466 | -€2,788 | -21.0% |
| Fixed assets | 21/28 | €1,766 | €1,367 | -€398 | -22.6% |
| Tangible fixed assets | 22/27 | €774 | €376 | -€398 | -51.4% |
| Plant, machinery and equipment | 23 | €774 | €376 | -€398 | -51.4% |
| Financial fixed assets | 28 | €992 | €992 | = | 0.0% |
| Current assets | 29/58 | €11,488 | €9,098 | -€2,390 | -20.8% |
| Stocks and contracts in progress | 3 | €2,961 | €1,211 | -€1,750 | -59.1% |
| Stocks | 30/36 | €2,961 | €1,211 | -€1,750 | -59.1% |
| Amounts receivable within one year | 40/41 | €2,644 | €3,600 | +€957 | +36.2% |
| Trade receivables | 40 | €1,947 | €2,210 | +€263 | +13.5% |
| Other amounts receivable | 41 | €697 | €1,390 | +€694 | +99.6% |
| Cash at bank and in hand | 54/58 | €5,342 | €3,727 | -€1,616 | -30.2% |
| Deferred charges and accrued income | 490/1 | €542 | €560 | +€19 | +3.4% |
| Total equity and liabilities | 10/49 | €13,254 | €10,466 | -€2,788 | -21.0% |
| Equity | 10/15 | -€71,158 | -€71,020 | +€137 | +0.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €21,034 | €21,034 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €19,175 | €19,175 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,784 | -€110,646 | +€137 | +0.1% |
| Amounts payable | 17/49 | €84,412 | €81,486 | -€2,926 | -3.5% |
| Amounts payable within one year | 42/48 | €84,412 | €81,486 | -€2,926 | -3.5% |
| Trade debts | 44 | €5,281 | €4,752 | -€529 | -10.0% |
| Suppliers | 440/4 | €5,281 | €4,752 | -€529 | -10.0% |
| Taxes, remuneration and social security | 45 | €15,869 | €13,472 | -€2,397 | -15.1% |
| Taxes | 450/3 | €44 | €1,183 | +€1,140 | +2617.4% |
| Remuneration and social security | 454/9 | €15,826 | €12,289 | -€3,536 | -22.3% |
| Other amounts payable | 47/48 | €63,262 | €63,262 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €5,299 | -€103 | -€5,402 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €465 | €398 | -€67 | -14.4% |
| Other operating charges | 640/8 | €110 | €317 | +€207 | +187.8% |
| Gross operating margin | 9900 | €1,423 | €1,144 | -€279 | -19.6% |
| Operating profit (loss) | 9901 | -€4,451 | €532 | +€4,984 | |
| Financial income | 75/76B | €1 | €1 | -€0 | -31.0% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -31.0% |
| Financial charges | 65/66B | €439 | €396 | -€44 | -9.9% |
| Recurring financial charges | 65 | €439 | €396 | -€44 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,890 | €137 | +€5,027 | |
| Profit (loss) for the period | 9904 | -€4,890 | €137 | +€5,027 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,890 | €137 | +€5,027 |
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 7 October 2026 via checked.be.