ELECTRO-TEC SERVICES: 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-TEC SERVICES
Largest movements
- Receivables within one year -€12,086
down €12,086 (-17.7%), from €68,136 to €56,050
of which Other amounts receivable: -€11,489
- Cash -€912
down €912 (-56.6%), from €1,611 to €700
mainly Net result for the year (-€13,755) and Deferred charges and accrued income (-€524)
- Profit (loss) carried forward -€13,755
down €13,755 (-21.7%), from €63,461 to €49,706
- Trade debts +€1,168
up €1,168 (+324%), from €360 to €1,528
- Gross operating margin -€10,282
down €10,282 (-356%), from -€2,887 to -€13,169
- Financial income -€1,374
down €1,374 (-100.0%), from €1,375 to €0
- Other operating charges -€248
down €248 (-61.6%), from €402 to €154
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 | €71,881 | €59,294 | -€12,587 | -17.5% |
| Fixed assets | 21/28 | €1,811 | €1,698 | -€113 | -6.3% |
| Tangible fixed assets | 22/27 | €311 | €198 | -€113 | -36.4% |
| Plant, machinery and equipment | 23 | €311 | €198 | -€113 | -36.4% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €70,070 | €57,596 | -€12,474 | -17.8% |
| Amounts receivable within one year | 40/41 | €68,136 | €56,050 | -€12,086 | -17.7% |
| Trade receivables | 40 | €9,310 | €8,713 | -€598 | -6.4% |
| Other amounts receivable | 41 | €58,825 | €47,337 | -€11,489 | -19.5% |
| Cash at bank and in hand | 54/58 | €1,611 | €700 | -€912 | -56.6% |
| Deferred charges and accrued income | 490/1 | €323 | €847 | +€524 | +162% |
| Total equity and liabilities | 10/49 | €71,881 | €59,294 | -€12,587 | -17.5% |
| Equity | 10/15 | €71,521 | €57,766 | -€13,755 | -19.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,461 | €49,706 | -€13,755 | -21.7% |
| Amounts payable | 17/49 | €360 | €1,528 | +€1,168 | +324% |
| Amounts payable within one year | 42/48 | €360 | €1,528 | +€1,168 | +324% |
| Trade debts | 44 | €360 | €1,528 | +€1,168 | +324% |
| Suppliers | 440/4 | €360 | €1,528 | +€1,168 | +324% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29 | €113 | +€84 | +292% |
| Other operating charges | 640/8 | €402 | €154 | -€248 | -61.6% |
| Gross operating margin | 9900 | -€2,887 | -€13,169 | -€10,282 | -356% |
| Operating profit (loss) | 9901 | -€3,318 | -€13,437 | -€10,119 | -305% |
| Financial income | 75/76B | €1,375 | €0 | -€1,374 | -100.0% |
| Recurring financial income | 75 | €1,375 | €0 | -€1,374 | -100.0% |
| Financial charges | 65/66B | €287 | €318 | +€31 | +10.7% |
| Recurring financial charges | 65 | €287 | €318 | +€31 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,231 | -€13,755 | -€11,524 | -517% |
| Profit (loss) for the period | 9904 | -€2,231 | -€13,755 | -€11,524 | -517% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,231 | -€13,755 | -€11,524 | -517% |
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 22 October 2026 via checked.be.