Electro Center: 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.
Electro Center
Largest movements
- Receivables within one year +€168,160
up €168,160 (+77.5%), from €216,863 to €385,023
of which Trade receivables: +€189,630
- Cash -€126,291
down €126,291 (-84.1%), from €150,138 to €23,847
mainly Receivables within one year (-€168,160) and Stocks and contracts (-€126,260)
- Stocks and contracts +€126,260
up €126,260 (+22.7%), from €557,310 to €683,569
of which Contracts in progress: +€76,190
- Tangible fixed assets -€36,292
down €36,292 (-28.2%), from €128,660 to €92,368
of which Furniture and vehicles: -€24,618
- Trade debts +€178,755
up €178,755 (+107.2%), from €166,756 to €345,511
- Advances received -€75,000
down €75,000 (-100.0%), from €75,000 to €0
- Short-term financial debts +€50,297
up €50,297 (+20.1%), from €250,688 to €300,985
- Debts after one year -€27,590
down €27,590 (-39.7%), from €69,536 to €41,947
- Gross operating margin +€65,648
up €65,648 (+18.4%), from €356,190 to €421,838
- Depreciation -€24,118
down €24,118 (-32.5%), from €74,200 to €50,083
- Staff costs -€11,755
down €11,755 (-3.2%), from €365,312 to €353,557
- Financial income +€6,038
up €6,038 (+32.8%), from €18,434 to €24,472
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 | €1,710,659 | €1,838,428 | +€127,769 | +7.5% |
| Fixed assets | 21/28 | €776,615 | €737,951 | -€38,665 | -5.0% |
| Intangible fixed assets | 21 | €643,889 | €641,517 | -€2,372 | -0.4% |
| Tangible fixed assets | 22/27 | €128,660 | €92,368 | -€36,292 | -28.2% |
| Land and buildings | 22 | €0 | €1,092 | +€1,092 | |
| Plant, machinery and equipment | 23 | €18,748 | €16,542 | -€2,206 | -11.8% |
| Furniture and vehicles | 24 | €63,601 | €38,984 | -€24,618 | -38.7% |
| Leasing and similar rights | 25 | €46,311 | €35,751 | -€10,560 | -22.8% |
| Financial fixed assets | 28 | €4,066 | €4,066 | = | 0.0% |
| Current assets | 29/58 | €934,044 | €1,100,477 | +€166,433 | +17.8% |
| Stocks and contracts in progress | 3 | €557,310 | €683,569 | +€126,260 | +22.7% |
| Stocks | 30/36 | €497,264 | €547,333 | +€50,069 | +10.1% |
| Contracts in progress | 37 | €60,046 | €136,236 | +€76,190 | +126.9% |
| Amounts receivable within one year | 40/41 | €216,863 | €385,023 | +€168,160 | +77.5% |
| Trade receivables | 40 | €179,532 | €369,163 | +€189,630 | +105.6% |
| Other amounts receivable | 41 | €37,331 | €15,861 | -€21,471 | -57.5% |
| Cash at bank and in hand | 54/58 | €150,138 | €23,847 | -€126,291 | -84.1% |
| Deferred charges and accrued income | 490/1 | €9,733 | €8,038 | -€1,695 | -17.4% |
| Total equity and liabilities | 10/49 | €1,710,659 | €1,838,428 | +€127,769 | +7.5% |
| Equity | 10/15 | €854,259 | €854,301 | +€42 | 0.0% |
| Contributions | 10/11 | €624,000 | €624,000 | = | 0.0% |
| Reserves | 13 | €230,259 | €230,301 | +€42 | 0.0% |
| Distributable reserves | 133 | €230,259 | €230,301 | +€42 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €856,400 | €984,126 | +€127,727 | +14.9% |
| Amounts payable after more than one year | 17 | €69,536 | €41,947 | -€27,590 | -39.7% |
| Financial debts | 170/4 | €69,536 | €41,947 | -€27,590 | -39.7% |
| Amounts payable within one year | 42/48 | €786,863 | €942,180 | +€155,316 | +19.7% |
| Current portion of amounts payable after more than one year | 42 | €33,203 | €27,590 | -€5,614 | -16.9% |
| Financial debts | 43 | €250,688 | €300,985 | +€50,297 | +20.1% |
| Credit institutions | 430/8 | €250,688 | €300,985 | +€50,297 | +20.1% |
| Trade debts | 44 | €166,756 | €345,511 | +€178,755 | +107.2% |
| Suppliers | 440/4 | €166,756 | €345,511 | +€178,755 | +107.2% |
| Advances received on contracts in progress | 46 | €75,000 | €0 | -€75,000 | -100.0% |
| Taxes, remuneration and social security | 45 | €17,515 | €11,843 | -€5,672 | -32.4% |
| Taxes | 450/3 | €11,327 | €2,947 | -€8,379 | -74.0% |
| Remuneration and social security | 454/9 | €6,189 | €8,896 | +€2,707 | +43.7% |
| Other amounts payable | 47/48 | €243,701 | €256,252 | +€12,550 | +5.1% |
| Remuneration, social security and pensions | 62 | €365,312 | €353,557 | -€11,755 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,200 | €50,083 | -€24,118 | -32.5% |
| Other operating charges | 640/8 | €6,888 | €5,041 | -€1,847 | -26.8% |
| Gross operating margin | 9900 | €356,190 | €421,838 | +€65,648 | +18.4% |
| Operating profit (loss) | 9901 | -€90,209 | €13,158 | +€103,368 | |
| Financial income | 75/76B | €18,434 | €24,472 | +€6,038 | +32.8% |
| Recurring financial income | 75 | €18,434 | €24,472 | +€6,038 | +32.8% |
| Financial charges | 65/66B | €24,851 | €23,482 | -€1,369 | -5.5% |
| Recurring financial charges | 65 | €24,851 | €23,482 | -€1,369 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | -€96,627 | €14,148 | +€110,774 | |
| Income taxes | 67/77 | €2,180 | €605 | -€1,574 | -72.2% |
| Profit (loss) for the period | 9904 | -€98,807 | €13,542 | +€112,349 | |
| Profit (loss) for the period to be appropriated | 9905 | -€98,807 | €13,542 | +€112,349 |
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 11 October 2026 via checked.be.