Electro Mac: 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 Mac
Largest movements
- Cash +€90,596
up €90,596 (+81.4%), from €111,299 to €201,895
mainly Net result for the year (+€80,225) and Trade debts (+€25,356)
- Receivables within one year +€36,087
up €36,087 (+24.9%), from €145,083 to €181,171
of which Trade receivables: +€32,936
- Profit (loss) carried forward +€80,225
up €80,225 (+240.6%), from €33,346 to €113,572
- Trade debts +€25,356
up €25,356 (+1133.6%), from €2,237 to €27,593
- Tax, wage and social debts +€20,434
up €20,434 (+533.1%), from €3,833 to €24,267
of which Taxes: +€24,267
- Gross operating margin +€102,551
up €102,551, from -€755 to €101,796
- Taxes +€21,586
new in 2025: €21,586
- Depreciation -€10,831
down €10,831 (-85.5%), from €12,666 to €1,835
- Other operating charges -€4,396
down €4,396 (-84.8%), from €5,183 to €788
- Financial charges +€3,252
up €3,252 (+259.4%), from €1,254 to €4,506
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 | €453,931 | €581,139 | +€127,208 | +28.0% |
| Fixed assets | 21/28 | €5,940 | €8,396 | +€2,456 | +41.3% |
| Tangible fixed assets | 22/27 | €4,353 | €6,809 | +€2,456 | +56.4% |
| Land and buildings | 22 | €697 | €358 | -€340 | -48.7% |
| Plant, machinery and equipment | 23 | €3,656 | €6,451 | +€2,795 | +76.5% |
| Financial fixed assets | 28 | €1,587 | €1,587 | = | 0.0% |
| Current assets | 29/58 | €447,991 | €572,743 | +€124,752 | +27.8% |
| Stocks and contracts in progress | 3 | €189,909 | €189,677 | -€232 | -0.1% |
| Stocks | 30/36 | €189,909 | €189,677 | -€232 | -0.1% |
| Amounts receivable within one year | 40/41 | €145,083 | €181,171 | +€36,087 | +24.9% |
| Trade receivables | 40 | €141,596 | €174,533 | +€32,936 | +23.3% |
| Other amounts receivable | 41 | €3,487 | €6,638 | +€3,151 | +90.4% |
| Cash at bank and in hand | 54/58 | €111,299 | €201,895 | +€90,596 | +81.4% |
| Deferred charges and accrued income | 490/1 | €1,699 | - | -€1,699 | |
| Total equity and liabilities | 10/49 | €453,931 | €581,139 | +€127,208 | +28.0% |
| Equity | 10/15 | €205,634 | €285,860 | +€80,225 | +39.0% |
| Contributions | 10/11 | €13,634 | €13,634 | = | 0.0% |
| Capital | 10 | €13,634 | €13,634 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €4,958 | €4,958 | = | 0.0% |
| Reserves | 13 | €158,654 | €158,654 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €156,795 | €156,795 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,346 | €113,572 | +€80,225 | +240.6% |
| Amounts payable | 17/49 | €248,297 | €295,279 | +€46,982 | +18.9% |
| Amounts payable within one year | 42/48 | €248,297 | €295,279 | +€46,982 | +18.9% |
| Trade debts | 44 | €2,237 | €27,593 | +€25,356 | +1133.6% |
| Suppliers | 440/4 | €2,237 | €27,593 | +€25,356 | +1133.6% |
| Taxes, remuneration and social security | 45 | €3,833 | €24,267 | +€20,434 | +533.1% |
| Taxes | 450/3 | - | €24,267 | +€24,267 | |
| Remuneration and social security | 454/9 | €3,833 | - | -€3,833 | |
| Other amounts payable | 47/48 | €242,228 | €243,420 | +€1,192 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,666 | €1,835 | -€10,831 | -85.5% |
| Other operating charges | 640/8 | €5,183 | €788 | -€4,396 | -84.8% |
| Gross operating margin | 9900 | -€755 | €101,796 | +€102,551 | |
| Operating profit (loss) | 9901 | -€18,604 | €99,174 | +€117,778 | |
| Financial income | 75/76B | €5,690 | €7,143 | +€1,453 | +25.5% |
| Recurring financial income | 75 | €5,690 | €7,143 | +€1,453 | +25.5% |
| Financial charges | 65/66B | €1,254 | €4,506 | +€3,252 | +259.4% |
| Recurring financial charges | 65 | €1,254 | €4,506 | +€3,252 | +259.4% |
| Profit (loss) for the period before taxes | 9903 | -€14,168 | €101,811 | +€115,979 | |
| Income taxes | 67/77 | - | €21,586 | +€21,586 | |
| Profit (loss) for the period | 9904 | -€14,168 | €80,225 | +€94,393 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,168 | €80,225 | +€94,393 |
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.