ELECTROLINE: 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.
ELECTROLINE
Largest movements
- Cash -€35,315
down €35,315 (-71.3%), from €49,555 to €14,241
mainly Net result for the year (-€69,207) and Investment in fixed assets (net) (-€5,177)
- Tangible fixed assets -€8,453
down €8,453 (-92.5%), from €9,138 to €685
of which Furniture and vehicles: -€5,943
- Receivables within one year -€4,583
down €4,583 (-3.9%), from €116,841 to €112,258
of which Trade receivables: -€3,947
- Profit (loss) carried forward -€69,207
down €69,207 (-44.4%), from €155,895 to €86,688
- Tax, wage and social debts +€21,572
up €21,572 (+37,913%), from €57 to €21,629
of which Remuneration and social security: +€19,976
- Gross operating margin -€93,572
down €93,572, from €23,355 to -€70,217
- Write-downs -€32,961
down €32,961, from €16,480 to -€16,480
- Depreciation +€3,993
up €3,993 (+41.4%), from €9,637 to €13,630
- Staff costs -€1,135
no longer reported in 2025 (was €1,135)
- Financial charges -€974
down €974 (-93.5%), from €1,042 to €68
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 | €179,966 | €131,860 | -€48,106 | -26.7% |
| Fixed assets | 21/28 | €11,988 | €3,535 | -€8,453 | -70.5% |
| Tangible fixed assets | 22/27 | €9,138 | €685 | -€8,453 | -92.5% |
| Plant, machinery and equipment | 23 | €3,193 | €684 | -€2,510 | -78.6% |
| Furniture and vehicles | 24 | €5,944 | €1 | -€5,943 | -100.0% |
| Financial fixed assets | 28 | €2,850 | €2,850 | = | 0.0% |
| Current assets | 29/58 | €167,979 | €128,325 | -€39,654 | -23.6% |
| Amounts receivable within one year | 40/41 | €116,841 | €112,258 | -€4,583 | -3.9% |
| Trade receivables | 40 | €114,610 | €110,663 | -€3,947 | -3.4% |
| Other amounts receivable | 41 | €2,231 | €1,595 | -€636 | -28.5% |
| Cash at bank and in hand | 54/58 | €49,555 | €14,241 | -€35,315 | -71.3% |
| Deferred charges and accrued income | 490/1 | €1,582 | €1,826 | +€244 | +15.4% |
| Total equity and liabilities | 10/49 | €179,966 | €131,860 | -€48,106 | -26.7% |
| Equity | 10/15 | €176,355 | €107,148 | -€69,207 | -39.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €155,895 | €86,688 | -€69,207 | -44.4% |
| Amounts payable | 17/49 | €3,611 | €24,712 | +€21,100 | +584% |
| Amounts payable within one year | 42/48 | €3,611 | €24,712 | +€21,100 | +584% |
| Current portion of amounts payable after more than one year | 42 | €1,079 | - | -€1,079 | |
| Trade debts | 44 | €2,475 | €3,082 | +€607 | +24.5% |
| Suppliers | 440/4 | €2,475 | €3,082 | +€607 | +24.5% |
| Taxes, remuneration and social security | 45 | €57 | €21,629 | +€21,572 | +37,913% |
| Taxes | 450/3 | €57 | €1,653 | +€1,596 | +2,805% |
| Remuneration and social security | 454/9 | - | €19,976 | +€19,976 | |
| Remuneration, social security and pensions | 62 | €1,135 | - | -€1,135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,637 | €13,630 | +€3,993 | +41.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,480 | -€16,480 | -€32,961 | |
| Other operating charges | 640/8 | €1,667 | €1,671 | +€4 | +0.2% |
| Gross operating margin | 9900 | €23,355 | -€70,217 | -€93,572 | |
| Operating profit (loss) | 9901 | -€5,564 | -€69,037 | -€63,473 | -1,141% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,042 | €68 | -€974 | -93.5% |
| Recurring financial charges | 65 | €1,042 | €68 | -€974 | -93.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,607 | -€69,106 | -€62,499 | -946% |
| Income taxes | 67/77 | €895 | €101 | -€793 | -88.7% |
| Profit (loss) for the period | 9904 | -€7,501 | -€69,207 | -€61,706 | -823% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,501 | -€69,207 | -€61,706 | -823% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.