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ELECTRO-KLIMA: 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.

What changed

ELECTRO-KLIMA

BE 0818.017.232
NACE 43.211, General electrical installation work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€30,304
2024 · €29,851+€453
Equity
€150,608
2024 · €150,363+€245
Cash
€49,763
2024 · €51,938-€2,175
Balance sheet total
€358,838
2024 · €293,203+€65,634

Largest movements

2024 to 2025
Assets
  • Stocks and contracts +€36,883

    up €36,883 (+82.2%), from €44,854 to €81,736

  • Tangible fixed assets +€30,157

    up €30,157 (+51.9%), from €58,100 to €88,256

    of which Furniture and vehicles: +€24,077

Equity and liabilities
  • Trade debts +€36,278

    up €36,278 (+36.9%), from €98,269 to €134,547

  • Debts after one year +€22,230

    up €22,230 (+166.8%), from €13,329 to €35,560

  • Current portion of long-term debt +€6,451

    up €6,451 (+92.3%), from €6,991 to €13,441

Income statement
  • Gross operating margin +€16,054

    up €16,054 (+7.2%), from €223,848 to €239,902

  • Staff costs +€5,454

    up €5,454 (+3.5%), from €156,633 to €162,086

  • Other operating charges +€3,976

    up €3,976 (+86.8%), from €4,583 to €8,558

  • Depreciation +€3,932

    up €3,932 (+21.8%), from €18,022 to €21,954

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €29,851
Gross operating margin +€16,054
Staff costs -€5,454
Depreciation -€3,932
Other operating charges -€3,976
Other operating items -€354
Financial income -€161
Financial charges -€304
Taxes -€1,420
Result 2025 €30,304

Cash bridge derived

cash 2024 to 2025

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.

From operations +€51,314
Investment -€52,110
Financing -€1,378
Cash 2024 €51,938
Net result for the year +€30,304
Depreciation +€21,954
Stocks and contracts -€36,883
Receivables within one year -€3,202
Deferred charges and accrued income +€2,433
Trade debts +€36,278
Tax, wage and social debts +€2,418
Other debts -€1,987
Investment in fixed assets (net) -€52,110
Debts after one year +€22,230
Current portion of long-term debt +€6,451
Contributions, distributions and other -€30,059
Cash 2025 €49,763
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €293,203 €358,838 +€65,634 +22.4%
Fixed assets 21/28 €58,100 €88,256 +€30,157 +51.9%
Tangible fixed assets 22/27 €58,100 €88,256 +€30,157 +51.9%
Land and buildings 22 - €1,628 +€1,628
Plant, machinery and equipment 23 €26,746 €31,198 +€4,452 +16.6%
Furniture and vehicles 24 €31,354 €55,431 +€24,077 +76.8%
Current assets 29/58 €235,104 €270,581 +€35,478 +15.1%
Stocks and contracts in progress 3 €44,854 €81,736 +€36,883 +82.2%
Stocks 30/36 €44,854 €81,736 +€36,883 +82.2%
Amounts receivable within one year 40/41 €133,844 €137,046 +€3,202 +2.4%
Trade receivables 40 €79,369 €82,176 +€2,807 +3.5%
Other amounts receivable 41 €54,474 €54,870 +€396 +0.7%
Cash at bank and in hand 54/58 €51,938 €49,763 -€2,175 -4.2%
Deferred charges and accrued income 490/1 €4,469 €2,036 -€2,433 -54.4%
Total equity and liabilities 10/49 €293,203 €358,838 +€65,634 +22.4%
Equity 10/15 €150,363 €150,608 +€245 +0.2%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €112,956 €113,201 +€245 +0.2%
Distributable reserves 133 €112,956 €113,201 +€245 +0.2%
Profit (loss) carried forward 14 €31,207 €31,207 = 0.0%
Amounts payable 17/49 €142,840 €208,230 +€65,390 +45.8%
Amounts payable after more than one year 17 €13,329 €35,560 +€22,230 +166.8%
Financial debts 170/4 €13,329 €35,560 +€22,230 +166.8%
Amounts payable within one year 42/48 €129,511 €172,670 +€43,159 +33.3%
Current portion of amounts payable after more than one year 42 €6,991 €13,441 +€6,451 +92.3%
Trade debts 44 €98,269 €134,547 +€36,278 +36.9%
Suppliers 440/4 €98,269 €134,547 +€36,278 +36.9%
Taxes, remuneration and social security 45 €22,264 €24,681 +€2,418 +10.9%
Taxes 450/3 €8,138 €9,618 +€1,480 +18.2%
Remuneration and social security 454/9 €14,125 €15,063 +€938 +6.6%
Other amounts payable 47/48 €1,987 - -€1,987
Non-recurring operating income 76A - €20,069 +€20,069
Remuneration, social security and pensions 62 €156,633 €162,086 +€5,454 +3.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,022 €21,954 +€3,932 +21.8%
Other operating charges 640/8 €4,583 €8,558 +€3,976 +86.8%
Non-recurring operating charges 66A - €354 +€354
Gross operating margin 9900 €223,848 €239,902 +€16,054 +7.2%
Operating profit (loss) 9901 €44,611 €46,950 +€2,338 +5.2%
Financial income 75/76B €1,087 €926 -€161 -14.8%
Recurring financial income 75 €1,087 €926 -€161 -14.8%
Financial charges 65/66B €2,163 €2,467 +€304 +14.1%
Recurring financial charges 65 €2,163 €2,467 +€304 +14.1%
Profit (loss) for the period before taxes 9903 €43,535 €45,409 +€1,873 +4.3%
Income taxes 67/77 €13,685 €15,105 +€1,420 +10.4%
Profit (loss) for the period 9904 €29,851 €30,304 +€453 +1.5%
Profit (loss) for the period to be appropriated 9905 €29,851 €30,304 +€453 +1.5%

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 30 September 2026 via checked.be.