ELECTRO NINO: 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 NINO
Largest movements
- Tangible fixed assets -€10,219
down €10,219 (-35.0%), from €29,193 to €18,974
of which Leasing and similar rights: -€5,655
- Cash -€5,697
down €5,697 (-24.0%), from €23,703 to €18,006
mainly Trade debts (-€13,398) and Net result for the year (-€4,856)
- Stocks and contracts -€4,999
down €4,999 (-71.4%), from €6,999 to €2,000
- Trade debts -€13,398
down €13,398 (-63.5%), from €21,084 to €7,686
- Profit (loss) carried forward -€4,856
down €4,856 (-77.7%), from €6,252 to €1,396
- Debts after one year -€4,317
down €4,317 (-34.8%), from €12,397 to €8,080
- Gross operating margin -€7,086
down €7,086 (-47.4%), from €14,960 to €7,874
- Financial charges -€1,340
down €1,340 (-55.4%), from €2,421 to €1,080
- Other operating charges -€457
down €457 (-26.6%), from €1,714 to €1,257
- Depreciation -€383
down €383 (-3.6%), from €10,602 to €10,219
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,481 | €49,660 | -€21,821 | -30.5% |
| Fixed assets | 21/28 | €29,193 | €18,974 | -€10,219 | -35.0% |
| Tangible fixed assets | 22/27 | €29,193 | €18,974 | -€10,219 | -35.0% |
| Plant, machinery and equipment | 23 | €2,077 | €511 | -€1,566 | -75.4% |
| Furniture and vehicles | 24 | €1,156 | €383 | -€772 | -66.8% |
| Leasing and similar rights | 25 | €20,780 | €15,126 | -€5,655 | -27.2% |
| Other tangible fixed assets | 26 | €5,180 | €2,954 | -€2,226 | -43.0% |
| Current assets | 29/58 | €42,288 | €30,685 | -€11,603 | -27.4% |
| Stocks and contracts in progress | 3 | €6,999 | €2,000 | -€4,999 | -71.4% |
| Stocks | 30/36 | €6,999 | €2,000 | -€4,999 | -71.4% |
| Amounts receivable within one year | 40/41 | €8,939 | €8,674 | -€264 | -3.0% |
| Trade receivables | 40 | €3,264 | €6,829 | +€3,565 | +109% |
| Other amounts receivable | 41 | €5,675 | €1,846 | -€3,829 | -67.5% |
| Cash at bank and in hand | 54/58 | €23,703 | €18,006 | -€5,697 | -24.0% |
| Deferred charges and accrued income | 490/1 | €2,647 | €2,005 | -€642 | -24.3% |
| Total equity and liabilities | 10/49 | €71,481 | €49,660 | -€21,821 | -30.5% |
| Equity | 10/15 | €31,357 | €26,501 | -€4,856 | -15.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €24,605 | €24,605 | = | 0.0% |
| Distributable reserves | 133 | €24,605 | €24,605 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,252 | €1,396 | -€4,856 | -77.7% |
| Amounts payable | 17/49 | €40,124 | €23,159 | -€16,965 | -42.3% |
| Amounts payable after more than one year | 17 | €12,397 | €8,080 | -€4,317 | -34.8% |
| Financial debts | 170/4 | €12,397 | €8,080 | -€4,317 | -34.8% |
| Amounts payable within one year | 42/48 | €27,728 | €15,079 | -€12,648 | -45.6% |
| Current portion of amounts payable after more than one year | 42 | €4,059 | €4,317 | +€258 | +6.4% |
| Trade debts | 44 | €21,084 | €7,686 | -€13,398 | -63.5% |
| Suppliers | 440/4 | €21,084 | €7,686 | -€13,398 | -63.5% |
| Taxes, remuneration and social security | 45 | €260 | €556 | +€296 | +114% |
| Taxes | 450/3 | €260 | €556 | +€296 | +114% |
| Other amounts payable | 47/48 | €2,325 | €2,520 | +€195 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,602 | €10,219 | -€383 | -3.6% |
| Other operating charges | 640/8 | €1,714 | €1,257 | -€457 | -26.6% |
| Gross operating margin | 9900 | €14,960 | €7,874 | -€7,086 | -47.4% |
| Operating profit (loss) | 9901 | €2,644 | -€3,602 | -€6,246 | |
| Financial income | 75/76B | €4 | €122 | +€118 | +3,056% |
| Recurring financial income | 75 | €4 | €122 | +€118 | +3,056% |
| Financial charges | 65/66B | €2,421 | €1,080 | -€1,340 | -55.4% |
| Recurring financial charges | 65 | €2,421 | €1,080 | -€1,340 | -55.4% |
| Profit (loss) for the period before taxes | 9903 | €228 | -€4,560 | -€4,787 | |
| Income taxes | 67/77 | €260 | €296 | +€37 | +14.2% |
| Profit (loss) for the period | 9904 | -€32 | -€4,856 | -€4,824 | -15,065% |
| Profit (loss) for the period to be appropriated | 9905 | -€32 | -€4,856 | -€4,824 | -15,065% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.