ELECTRO SOFT: 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 SOFT
Largest movements
- Receivables within one year +€16,894
up €16,894 (+53.0%), from €31,904 to €48,798
of which Trade receivables: +€15,798
- Tangible fixed assets -€6,962
down €6,962 (-23.7%), from €29,333 to €22,371
- Reserves +€33,951
up €33,951 (+24.4%), from €139,300 to €173,251
of which Distributable reserves: +€35,811
- Other debts -€13,075
down €13,075 (-100%), from €13,075 to €0
- Debts after one year -€10,189
down €10,189 (-79.5%), from €12,815 to €2,625
- Gross operating margin +€16,422
up €16,422 (+39.6%), from €41,491 to €57,913
- Taxes +€7,078
up €7,078 (+76.8%), from €9,219 to €16,298
- Depreciation +€1,484
up €1,484 (+27.1%), from €5,479 to €6,962
- Other operating charges -€1,447
down €1,447 (-67.2%), from €2,153 to €705
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 | €197,737 | €207,111 | +€9,373 | +4.7% |
| Fixed assets | 21/28 | €29,333 | €22,371 | -€6,962 | -23.7% |
| Tangible fixed assets | 22/27 | €29,333 | €22,371 | -€6,962 | -23.7% |
| Furniture and vehicles | 24 | €29,333 | €22,371 | -€6,962 | -23.7% |
| Current assets | 29/58 | €168,404 | €184,740 | +€16,336 | +9.7% |
| Amounts receivable within one year | 40/41 | €31,904 | €48,798 | +€16,894 | +53.0% |
| Trade receivables | 40 | €15,018 | €30,816 | +€15,798 | +105% |
| Other amounts receivable | 41 | €16,886 | €17,982 | +€1,096 | +6.5% |
| Cash at bank and in hand | 54/58 | €136,500 | €135,720 | -€780 | -0.6% |
| Deferred charges and accrued income | 490/1 | €0 | €221 | +€221 | |
| Total equity and liabilities | 10/49 | €197,737 | €207,111 | +€9,373 | +4.7% |
| Equity | 10/15 | €149,500 | €183,451 | +€33,951 | +22.7% |
| Contributions | 10/11 | €10,200 | €10,200 | = | 0.0% |
| Reserves | 13 | €139,300 | €173,251 | +€33,951 | +24.4% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €137,440 | €173,251 | +€35,811 | +26.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €48,237 | €23,659 | -€24,578 | -51.0% |
| Amounts payable after more than one year | 17 | €12,815 | €2,625 | -€10,189 | -79.5% |
| Financial debts | 170/4 | €12,815 | €2,625 | -€10,189 | -79.5% |
| Amounts payable within one year | 42/48 | €35,423 | €21,034 | -€14,389 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | €9,707 | €10,189 | +€482 | +5.0% |
| Trade debts | 44 | €1,711 | €439 | -€1,271 | -74.3% |
| Suppliers | 440/4 | €1,711 | €439 | -€1,271 | -74.3% |
| Taxes, remuneration and social security | 45 | €10,929 | €10,405 | -€524 | -4.8% |
| Taxes | 450/3 | €10,929 | €10,405 | -€524 | -4.8% |
| Other amounts payable | 47/48 | €13,075 | €0 | -€13,075 | -100% |
| Non-recurring operating income | 76A | €8,000 | €0 | -€8,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,479 | €6,962 | +€1,484 | +27.1% |
| Other operating charges | 640/8 | €2,153 | €705 | -€1,447 | -67.2% |
| Gross operating margin | 9900 | €41,491 | €57,913 | +€16,422 | +39.6% |
| Operating profit (loss) | 9901 | €33,860 | €50,245 | +€16,386 | +48.4% |
| Financial income | 75/76B | €579 | €1,049 | +€470 | +81.2% |
| Recurring financial income | 75 | €579 | €1,049 | +€470 | +81.2% |
| Financial charges | 65/66B | €1,253 | €1,045 | -€208 | -16.6% |
| Recurring financial charges | 65 | €1,253 | €1,045 | -€208 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €33,186 | €50,249 | +€17,063 | +51.4% |
| Income taxes | 67/77 | €9,219 | €16,298 | +€7,078 | +76.8% |
| Profit (loss) for the period | 9904 | €23,966 | €33,951 | +€9,985 | +41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,966 | €33,951 | +€9,985 | +41.7% |
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.