ELECTRO TECHNICS: 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 TECHNICS
Largest movements
- Stocks and contracts -€9,253
down €9,253 (-14.3%), from €64,583 to €55,330
- Tangible fixed assets -€8,105
down €8,105 (-38.2%), from €21,221 to €13,116
of which Furniture and vehicles: -€5,886
- Deferred charges and accrued income +€7,613
up €7,613 (+649.3%), from €1,173 to €8,786
- Cash -€2,870
down €2,870 (-7.3%), from €39,216 to €36,345
mainly Net result for the year (-€14,432) and Deferred charges and accrued income (-€7,613)
- Profit (loss) carried forward -€14,432
down €14,432 (-11.4%), from €127,108 to €112,677
- Trade debts +€3,551
up €3,551 (+238.9%), from €1,487 to €5,038
- Gross operating margin -€12,763
down €12,763, from €9,680 to -€3,083
- Depreciation -€1,598
down €1,598 (-16.5%), from €9,702 to €8,104
- Financial charges -€843
down €843 (-45.5%), from €1,852 to €1,009
- Taxes +€280
up €280, from €0 to €280
- Other operating charges +€267
up €267 (+9.2%), from €2,896 to €3,163
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 | €173,030 | €161,931 | -€11,099 | -6.4% |
| Fixed assets | 21/28 | €21,221 | €13,116 | -€8,105 | -38.2% |
| Tangible fixed assets | 22/27 | €21,221 | €13,116 | -€8,105 | -38.2% |
| Land and buildings | 22 | €12,840 | €10,894 | -€1,945 | -15.2% |
| Plant, machinery and equipment | 23 | €1,917 | €1,643 | -€274 | -14.3% |
| Furniture and vehicles | 24 | €6,464 | €578 | -€5,886 | -91.1% |
| Current assets | 29/58 | €151,809 | €148,815 | -€2,994 | -2.0% |
| Amounts receivable after more than one year | 29 | €41,189 | €42,361 | +€1,173 | +2.8% |
| Other amounts receivable | 291 | €41,189 | €42,361 | +€1,173 | +2.8% |
| Stocks and contracts in progress | 3 | €64,583 | €55,330 | -€9,253 | -14.3% |
| Stocks | 30/36 | €64,583 | €55,330 | -€9,253 | -14.3% |
| Amounts receivable within one year | 40/41 | €5,649 | €5,993 | +€344 | +6.1% |
| Trade receivables | 40 | €5,493 | €5,993 | +€500 | +9.1% |
| Other amounts receivable | 41 | €156 | €0 | -€156 | -100.0% |
| Cash at bank and in hand | 54/58 | €39,216 | €36,345 | -€2,870 | -7.3% |
| Deferred charges and accrued income | 490/1 | €1,173 | €8,786 | +€7,613 | +649.3% |
| Total equity and liabilities | 10/49 | €173,030 | €161,931 | -€11,099 | -6.4% |
| Equity | 10/15 | €168,754 | €154,323 | -€14,432 | -8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,046 | €23,046 | = | 0.0% |
| Distributable reserves | 133 | €23,046 | €23,046 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,108 | €112,677 | -€14,432 | -11.4% |
| Amounts payable | 17/49 | €4,276 | €7,609 | +€3,333 | +77.9% |
| Amounts payable within one year | 42/48 | €4,276 | €7,609 | +€3,333 | +77.9% |
| Trade debts | 44 | €1,487 | €5,038 | +€3,551 | +238.9% |
| Suppliers | 440/4 | €1,487 | €5,038 | +€3,551 | +238.9% |
| Taxes, remuneration and social security | 45 | €2,789 | €2,571 | -€218 | -7.8% |
| Taxes | 450/3 | €2,789 | €2,571 | -€218 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,702 | €8,104 | -€1,598 | -16.5% |
| Other operating charges | 640/8 | €2,896 | €3,163 | +€267 | +9.2% |
| Gross operating margin | 9900 | €9,680 | -€3,083 | -€12,763 | |
| Operating profit (loss) | 9901 | -€2,919 | -€14,351 | -€11,432 | -391.6% |
| Financial income | 75/76B | €1,183 | €1,208 | +€25 | +2.2% |
| Recurring financial income | 75 | €1,183 | €1,208 | +€25 | +2.2% |
| Financial charges | 65/66B | €1,852 | €1,009 | -€843 | -45.5% |
| Recurring financial charges | 65 | €1,852 | €1,009 | -€843 | -45.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,588 | -€14,151 | -€10,563 | -294.4% |
| Income taxes | 67/77 | €0 | €280 | +€280 | |
| Profit (loss) for the period | 9904 | -€3,588 | -€14,432 | -€10,843 | -302.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,588 | -€14,432 | -€10,843 | -302.2% |
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 12 October 2026 via checked.be.