ELECTROHM: 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.
ELECTROHM
Largest movements
- Tangible fixed assets -€7,058
down €7,058 (-59.9%), from €11,776 to €4,718
- Current assets -€4,566
down €4,566 (-7.8%), from €58,860 to €54,294
of which Receivables within one year: -€6,523
- Debts within one year -€7,149
down €7,149 (-11.2%), from €63,589 to €56,441
- Debts after one year -€4,620
no longer reported in 2019 (was €4,620)
- Taxes +€704
up €704 (+410%), from €171 to €875
- Gross operating margin +€681
up €681 (+3.1%), from €22,196 to €22,877
From the 2018 result to the 2019 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,636 | €59,012 | -€11,624 | -16.5% |
| Fixed assets | 21/28 | €11,776 | €4,718 | -€7,058 | -59.9% |
| Tangible fixed assets | 22/27 | €11,776 | €4,718 | -€7,058 | -59.9% |
| Current assets | 29/58 | €58,860 | €54,294 | -€4,566 | -7.8% |
| Stocks and contracts in progress | 3 | €5,388 | €2,711 | -€2,677 | -49.7% |
| Amounts receivable within one year | 40/41 | €52,671 | €46,148 | -€6,523 | -12.4% |
| Cash at bank and in hand | 54/58 | €801 | €3,954 | +€3,153 | +393% |
| Total equity and liabilities | 10/49 | €70,636 | €59,012 | -€11,624 | -16.5% |
| Equity | 10/15 | €2,426 | €2,571 | +€145 | +6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,174 | -€16,029 | +€145 | +0.9% |
| Amounts payable | 17/49 | €68,209 | €56,441 | -€11,769 | -17.3% |
| Amounts payable after more than one year | 17 | €4,620 | - | -€4,620 | |
| Amounts payable within one year | 42/48 | €63,589 | €56,441 | -€7,149 | -11.2% |
| Trade debts | 44 | €27,526 | €37,133 | +€9,607 | +34.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,058 | €7,058 | -€0 | 0.0% |
| Gross operating margin | 9900 | €22,196 | €22,877 | +€681 | +3.1% |
| Operating profit (loss) | 9901 | €5,630 | €1,636 | -€3,994 | -70.9% |
| Recurring financial income | 75 | €2,082 | €835 | -€1,247 | -59.9% |
| Recurring financial charges | 65 | €2,928 | €1,367 | -€1,561 | -53.3% |
| Profit (loss) for the period before taxes | 9903 | €4,784 | €1,104 | -€3,680 | -76.9% |
| Income taxes | 67/77 | €171 | €875 | +€704 | +410% |
| Profit (loss) for the period | 9904 | €4,612 | €229 | -€4,383 | -95.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,612 | €229 | -€4,383 | -95.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.