ELECTRO - CENTRE: 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 - CENTRE
Largest movements
- Cash -€45,938
down €45,938 (-46.6%), from €98,512 to €52,574
mainly Contributions, distributions and other (-€74,102) and Net result for the year (-€10,572)
- Receivables within one year -€34,291
down €34,291 (-54.6%), from €62,759 to €28,469
of which Other amounts receivable: -€34,291
- Tangible fixed assets -€5,669
down €5,669 (-13.9%), from €40,650 to €34,981
of which Land and buildings: -€3,588
- Contributions -€56,000
no longer reported in 2025 (was €56,000)
- Profit (loss) carried forward -€23,073
down €23,073, from €12,502 to -€10,572
- Reserves -€5,600
down €5,600 (-4.4%), from €126,616 to €121,016
of which Non-distributable reserves: -€5,600
- Gross operating margin +€6,419
up €6,419 (+258.9%), from €2,480 to €8,898
- Other operating charges +€3,660
up €3,660 (+40.1%), from €9,136 to €12,796
- Financial charges +€464
up €464 (+157.3%), from €295 to €759
- Depreciation -€202
down €202 (-3.4%), from €5,871 to €5,669
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 | €202,067 | €116,502 | -€85,565 | -42.3% |
| Fixed assets | 21/28 | €40,650 | €34,981 | -€5,669 | -13.9% |
| Tangible fixed assets | 22/27 | €40,650 | €34,981 | -€5,669 | -13.9% |
| Land and buildings | 22 | €31,416 | €27,828 | -€3,588 | -11.4% |
| Plant, machinery and equipment | 23 | €8,723 | €7,153 | -€1,571 | -18.0% |
| Furniture and vehicles | 24 | €511 | - | -€511 | |
| Current assets | 29/58 | €161,417 | €81,521 | -€79,896 | -49.5% |
| Amounts receivable within one year | 40/41 | €62,759 | €28,469 | -€34,291 | -54.6% |
| Trade receivables | 40 | €21,241 | €21,241 | = | 0.0% |
| Other amounts receivable | 41 | €41,518 | €7,227 | -€34,291 | -82.6% |
| Cash at bank and in hand | 54/58 | €98,512 | €52,574 | -€45,938 | -46.6% |
| Deferred charges and accrued income | 490/1 | €145 | €479 | +€333 | +229.3% |
| Total equity and liabilities | 10/49 | €202,067 | €116,502 | -€85,565 | -42.3% |
| Equity | 10/15 | €195,118 | €110,444 | -€84,673 | -43.4% |
| Contributions | 10/11 | €56,000 | - | -€56,000 | |
| Reserves | 13 | €126,616 | €121,016 | -€5,600 | -4.4% |
| Non-distributable reserves | 130/1 | €5,600 | - | -€5,600 | |
| Own shares acquired | 1312 | €5,600 | - | -€5,600 | |
| Distributable reserves | 133 | €121,016 | €121,016 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,502 | -€10,572 | -€23,073 | |
| Amounts payable | 17/49 | €6,949 | €6,058 | -€891 | -12.8% |
| Amounts payable within one year | 42/48 | €6,949 | €6,058 | -€891 | -12.8% |
| Trade debts | 44 | €1,440 | €531 | -€909 | -63.1% |
| Suppliers | 440/4 | €1,440 | €531 | -€909 | -63.1% |
| Taxes, remuneration and social security | 45 | €467 | €484 | +€17 | +3.7% |
| Taxes | 450/3 | €467 | €484 | +€17 | +3.7% |
| Other amounts payable | 47/48 | €5,042 | €5,042 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,871 | €5,669 | -€202 | -3.4% |
| Other operating charges | 640/8 | €9,136 | €12,796 | +€3,660 | +40.1% |
| Gross operating margin | 9900 | €2,480 | €8,898 | +€6,419 | +258.9% |
| Operating profit (loss) | 9901 | -€12,528 | -€9,567 | +€2,961 | +23.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €295 | €759 | +€464 | +157.3% |
| Recurring financial charges | 65 | €295 | €759 | +€464 | +157.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,823 | -€10,326 | +€2,497 | +19.5% |
| Income taxes | 67/77 | €238 | €246 | +€8 | +3.3% |
| Profit (loss) for the period | 9904 | -€13,061 | -€10,572 | +€2,489 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,061 | -€10,572 | +€2,489 | +19.1% |
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 3 October 2026 via checked.be.