ELECTRO GREEN: 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 GREEN
Largest movements
- Cash -€48,350
down €48,350 (-70.3%), from €68,800 to €20,449
mainly Contributions, distributions and other (-€30,000) and Tax, wage and social debts (-€24,102)
- Receivables within one year +€13,827
up €13,827 (+130%), from €10,634 to €24,461
of which Trade receivables: +€15,155
- Tangible fixed assets -€1,841
down €1,841 (-5.0%), from €36,946 to €35,104
of which Leasing and similar rights: -€16,710
- Tax, wage and social debts -€24,102
down €24,102 (-54.4%), from €44,323 to €20,220
of which Taxes: -€26,701
- Debts after one year -€11,702
down €11,702 (-48.4%), from €24,186 to €12,484
- Trade debts +€7,094
up €7,094 (+643%), from €1,104 to €8,198
- Profit (loss) carried forward -€5,700
down €5,700 (-25.3%), from €22,540 to €16,840
- Gross operating margin +€30,013
up €30,013 (+64.9%), from €46,272 to €76,285
- Staff costs +€24,137
new in 2025: €24,137
- Depreciation +€4,235
up €4,235 (+32.2%), from €13,155 to €17,389
- Financial charges -€795
down €795 (-31.5%), from €2,525 to €1,730
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 | €116,379 | €80,937 | -€35,442 | -30.5% |
| Fixed assets | 21/28 | €36,946 | €35,104 | -€1,841 | -5.0% |
| Tangible fixed assets | 22/27 | €36,946 | €35,104 | -€1,841 | -5.0% |
| Land and buildings | 22 | - | €14,108 | +€14,108 | |
| Plant, machinery and equipment | 23 | €598 | €1,439 | +€841 | +141% |
| Furniture and vehicles | 24 | €80 | - | -€80 | |
| Leasing and similar rights | 25 | €36,267 | €19,557 | -€16,710 | -46.1% |
| Current assets | 29/58 | €79,434 | €45,833 | -€33,601 | -42.3% |
| Amounts receivable within one year | 40/41 | €10,634 | €24,461 | +€13,827 | +130% |
| Trade receivables | 40 | - | €15,155 | +€15,155 | |
| Other amounts receivable | 41 | €10,634 | €9,306 | -€1,328 | -12.5% |
| Cash at bank and in hand | 54/58 | €68,800 | €20,449 | -€48,350 | -70.3% |
| Deferred charges and accrued income | 490/1 | - | €923 | +€923 | |
| Total equity and liabilities | 10/49 | €116,379 | €80,937 | -€35,442 | -30.5% |
| Equity | 10/15 | €34,033 | €28,334 | -€5,700 | -16.7% |
| Contributions | 10/11 | €2,493 | €2,493 | = | 0.0% |
| Reserves | 13 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,540 | €16,840 | -€5,700 | -25.3% |
| Amounts payable | 17/49 | €82,346 | €52,604 | -€29,742 | -36.1% |
| Amounts payable after more than one year | 17 | €24,186 | €12,484 | -€11,702 | -48.4% |
| Financial debts | 170/4 | €24,186 | €12,484 | -€11,702 | -48.4% |
| Amounts payable within one year | 42/48 | €58,160 | €40,120 | -€18,040 | -31.0% |
| Current portion of amounts payable after more than one year | 42 | €12,734 | €11,702 | -€1,032 | -8.1% |
| Trade debts | 44 | €1,104 | €8,198 | +€7,094 | +643% |
| Suppliers | 440/4 | €1,104 | €8,198 | +€7,094 | +643% |
| Taxes, remuneration and social security | 45 | €44,323 | €20,220 | -€24,102 | -54.4% |
| Taxes | 450/3 | €44,323 | €17,622 | -€26,701 | -60.2% |
| Remuneration and social security | 454/9 | - | €2,598 | +€2,598 | |
| Remuneration, social security and pensions | 62 | - | €24,137 | +€24,137 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,155 | €17,389 | +€4,235 | +32.2% |
| Other operating charges | 640/8 | €201 | €128 | -€73 | -36.6% |
| Gross operating margin | 9900 | €46,272 | €76,285 | +€30,013 | +64.9% |
| Operating profit (loss) | 9901 | €32,917 | €34,632 | +€1,715 | +5.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,525 | €1,730 | -€795 | -31.5% |
| Recurring financial charges | 65 | €2,525 | €1,730 | -€795 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | €30,393 | €32,902 | +€2,510 | +8.3% |
| Income taxes | 67/77 | €8,622 | €8,602 | -€20 | -0.2% |
| Profit (loss) for the period | 9904 | €21,771 | €24,300 | +€2,530 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,771 | €24,300 | +€2,530 | +11.6% |
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 14 October 2026 via checked.be.