Electro-tech CL: 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-tech CL
Largest movements
- Receivables within one year -€150,641
down €150,641 (-42.6%), from €353,898 to €203,257
of which Trade receivables: -€145,797
- Tangible fixed assets +€22,970
up €22,970 (+43.8%), from €52,471 to €75,442
of which Furniture and vehicles: +€25,323
- Cash -€19,319
down €19,319 (-10.0%), from €194,044 to €174,725
mainly Contributions, distributions and other (-€200,086) and Other debts (-€119,712)
- Deferred charges and accrued income +€15,687
up €15,687 (+2,815%), from €557 to €16,244
- Other debts -€119,712
down €119,712 (-31.0%), from €386,589 to €266,877
- Tax, wage and social debts -€13,942
down €13,942 (-12.8%), from €108,764 to €94,821
- Trade debts +€13,383
up €13,383 (+16.3%), from €82,325 to €95,707
- Debts after one year -€6,608
down €6,608 (-27.9%), from €23,665 to €17,056
- Gross operating margin +€22,713
up €22,713 (+8.9%), from €254,895 to €277,608
- Depreciation +€5,256
up €5,256 (+67.0%), from €7,848 to €13,104
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 | €614,881 | €487,792 | -€127,089 | -20.7% |
| Fixed assets | 21/28 | €52,471 | €75,442 | +€22,970 | +43.8% |
| Tangible fixed assets | 22/27 | €52,471 | €75,442 | +€22,970 | +43.8% |
| Plant, machinery and equipment | 23 | €6,183 | €4,831 | -€1,352 | -21.9% |
| Furniture and vehicles | 24 | €37,556 | €62,879 | +€25,323 | +67.4% |
| Other tangible fixed assets | 26 | €8,732 | €7,731 | -€1,001 | -11.5% |
| Current assets | 29/58 | €562,410 | €412,351 | -€150,060 | -26.7% |
| Stocks and contracts in progress | 3 | €13,911 | €18,125 | +€4,213 | +30.3% |
| Stocks | 30/36 | €13,911 | €18,125 | +€4,213 | +30.3% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €353,898 | €203,257 | -€150,641 | -42.6% |
| Trade receivables | 40 | €345,287 | €199,491 | -€145,797 | -42.2% |
| Other amounts receivable | 41 | €8,610 | €3,766 | -€4,844 | -56.3% |
| Cash at bank and in hand | 54/58 | €194,044 | €174,725 | -€19,319 | -10.0% |
| Deferred charges and accrued income | 490/1 | €557 | €16,244 | +€15,687 | +2,815% |
| Total equity and liabilities | 10/49 | €614,881 | €487,792 | -€127,089 | -20.7% |
| Equity | 10/15 | €6,200 | €6,200 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €608,681 | €481,592 | -€127,089 | -20.9% |
| Amounts payable after more than one year | 17 | €23,665 | €17,056 | -€6,608 | -27.9% |
| Financial debts | 170/4 | €23,665 | €17,056 | -€6,608 | -27.9% |
| Amounts payable within one year | 42/48 | €584,037 | €464,014 | -€120,023 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €6,360 | €6,608 | +€249 | +3.9% |
| Trade debts | 44 | €82,325 | €95,707 | +€13,383 | +16.3% |
| Suppliers | 440/4 | €82,325 | €95,707 | +€13,383 | +16.3% |
| Taxes, remuneration and social security | 45 | €108,764 | €94,821 | -€13,942 | -12.8% |
| Taxes | 450/3 | €108,764 | €94,821 | -€13,942 | -12.8% |
| Other amounts payable | 47/48 | €386,589 | €266,877 | -€119,712 | -31.0% |
| Accrued charges and deferred income | 492/3 | €980 | €522 | -€458 | -46.7% |
| Non-recurring operating income | 76A | - | €15,606 | +€15,606 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,848 | €13,104 | +€5,256 | +67.0% |
| Other operating charges | 640/8 | €1,081 | €1,049 | -€32 | -3.0% |
| Gross operating margin | 9900 | €254,895 | €277,608 | +€22,713 | +8.9% |
| Operating profit (loss) | 9901 | €245,966 | €263,454 | +€17,489 | +7.1% |
| Financial income | 75/76B | €2,022 | €319 | -€1,704 | -84.2% |
| Recurring financial income | 75 | €2,022 | €319 | -€1,704 | -84.2% |
| Financial charges | 65/66B | €2,393 | €2,871 | +€478 | +20.0% |
| Recurring financial charges | 65 | €2,393 | €2,871 | +€478 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €245,595 | €260,902 | +€15,307 | +6.2% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €62,132 | €60,816 | -€1,316 | -2.1% |
| Profit (loss) for the period | 9904 | €183,464 | €200,086 | +€16,623 | +9.1% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €183,464 | €200,086 | +€16,623 | +9.1% |
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 25 October 2026 via checked.be.