Electro E.R.S.: 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 E.R.S.
Largest movements
- Tangible fixed assets +€27,704
up €27,704 (+522%), from €5,307 to €33,011
of which Plant, machinery and equipment: +€27,836
- Receivables within one year -€26,916
down €26,916 (-56.5%), from €47,669 to €20,753
of which Other amounts receivable: -€34,321
- Cash -€7,120
down €7,120 (-87.8%), from €8,108 to €988
mainly Investment in fixed assets (net) (-€30,818) and Tax, wage and social debts (-€5,798)
- Tax, wage and social debts -€5,798
down €5,798 (-42.9%), from €13,523 to €7,725
of which Taxes: -€5,798
- Trade debts -€3,537
down €3,537 (-84.3%), from €4,194 to €657
- Other debts +€2,182
up €2,182 (+127%), from €1,718 to €3,900
- Reserves +€1,307
up €1,307 (+3.7%), from €35,788 to €37,095
- Staff costs -€7,248
no longer reported in 2025 (was €7,248)
- Financial income -€2,963
no longer reported in 2025 (was €2,963)
of which Non-recurring financial income: -€2,873
- Depreciation +€2,820
up €2,820 (+959%), from €294 to €3,114
- Financial charges -€1,903
down €1,903 (-90.1%), from €2,112 to €209
- Taxes +€1,744
up €1,744 (+87.2%), from €2,000 to €3,745
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.
Derived cash bridge
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 | €61,489 | €55,644 | -€5,845 | -9.5% |
| Fixed assets | 21/28 | €5,307 | €33,011 | +€27,704 | +522% |
| Tangible fixed assets | 22/27 | €5,307 | €33,011 | +€27,704 | +522% |
| Plant, machinery and equipment | 23 | €4,910 | €32,746 | +€27,836 | +567% |
| Furniture and vehicles | 24 | €397 | €264 | -€132 | -33.3% |
| Current assets | 29/58 | €56,182 | €22,633 | -€33,549 | -59.7% |
| Amounts receivable within one year | 40/41 | €47,669 | €20,753 | -€26,916 | -56.5% |
| Trade receivables | 40 | €8,000 | €15,405 | +€7,405 | +92.6% |
| Other amounts receivable | 41 | €39,669 | €5,348 | -€34,321 | -86.5% |
| Cash at bank and in hand | 54/58 | €8,108 | €988 | -€7,120 | -87.8% |
| Deferred charges and accrued income | 490/1 | €405 | €892 | +€487 | +120% |
| Total equity and liabilities | 10/49 | €61,489 | €55,644 | -€5,845 | -9.5% |
| Equity | 10/15 | €41,988 | €43,295 | +€1,307 | +3.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35,788 | €37,095 | +€1,307 | +3.7% |
| Distributable reserves | 133 | €35,788 | €37,095 | +€1,307 | +3.7% |
| Amounts payable | 17/49 | €19,501 | €12,349 | -€7,152 | -36.7% |
| Amounts payable within one year | 42/48 | €19,435 | €12,282 | -€7,153 | -36.8% |
| Trade debts | 44 | €4,194 | €657 | -€3,537 | -84.3% |
| Suppliers | 440/4 | €4,194 | €657 | -€3,537 | -84.3% |
| Taxes, remuneration and social security | 45 | €13,523 | €7,725 | -€5,798 | -42.9% |
| Taxes | 450/3 | €11,223 | €5,425 | -€5,798 | -51.7% |
| Remuneration and social security | 454/9 | €2,300 | €2,300 | = | 0.0% |
| Other amounts payable | 47/48 | €1,718 | €3,900 | +€2,182 | +127% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Non-recurring operating income | 76A | €20,778 | - | -€20,778 | |
| Remuneration, social security and pensions | 62 | €7,248 | - | -€7,248 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €294 | €3,114 | +€2,820 | +959% |
| Other operating charges | 640/8 | €2,282 | €1,507 | -€774 | -33.9% |
| Gross operating margin | 9900 | €13,077 | €11,548 | -€1,529 | -11.7% |
| Operating profit (loss) | 9901 | €3,253 | €6,927 | +€3,674 | +113% |
| Financial income | 75/76B | €2,963 | - | -€2,963 | |
| Recurring financial income | 75 | €90 | - | -€90 | |
| Non-recurring financial income | 76B | €2,873 | - | -€2,873 | |
| Financial charges | 65/66B | €2,112 | €209 | -€1,903 | -90.1% |
| Recurring financial charges | 65 | €2,112 | €209 | -€1,903 | -90.1% |
| Profit (loss) for the period before taxes | 9903 | €4,104 | €6,718 | +€2,614 | +63.7% |
| Income taxes | 67/77 | €2,000 | €3,745 | +€1,744 | +87.2% |
| Profit (loss) for the period | 9904 | €2,104 | €2,973 | +€869 | +41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,104 | €2,973 | +€869 | +41.3% |
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 18 October 2026 via checked.be.