ELECTROMATIC: 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.
ELECTROMATIC
Largest movements
- Receivables within one year +€164,376
up €164,376 (+36.6%), from €449,359 to €613,735
of which Other amounts receivable: +€95,453
- Current investments +€100,150
up €100,150 (+24.3%), from €412,758 to €512,908
- Stocks and contracts +€91,887
up €91,887 (+46.6%), from €197,302 to €289,189
- Tangible fixed assets -€87,936
down €87,936 (-8.1%), from €1.1m to €1.0m
of which Land and buildings: -€65,470
- Cash +€42,847
up €42,847 (+22.1%), from €193,811 to €236,657
mainly Other debts (+€365,770) and Depreciation (+€90,436)
- Other debts +€365,770
up €365,770 (+81.4%), from €449,347 to €815,117
- Debts after one year -€116,844
down €116,844 (-17.5%), from €667,402 to €550,557
- Tax, wage and social debts +€44,216
up €44,216 (+42.9%), from €103,006 to €147,222
of which Remuneration and social security: +€30,808
- Reserves +€30,913
up €30,913 (+2.5%), from €1.2m to €1.3m
- Financial income -€969,178
down €969,178 (-98.6%), from €983,374 to €14,196
- Taxes -€82,832
down €82,832 (-84.8%), from €97,629 to €14,798
- Financial charges -€20,198
down €20,198 (-58.0%), from €34,829 to €14,631
- Staff costs +€2,741
up €2,741 (+2.8%), from €98,716 to €101,457
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 | €2,596,709 | €2,912,501 | +€315,792 | +12.2% |
| Fixed assets | 21/28 | €1,337,522 | €1,249,587 | -€87,936 | -6.6% |
| Tangible fixed assets | 22/27 | €1,088,476 | €1,000,540 | -€87,936 | -8.1% |
| Land and buildings | 22 | €1,022,313 | €956,842 | -€65,470 | -6.4% |
| Plant, machinery and equipment | 23 | €765 | €97 | -€668 | -87.3% |
| Furniture and vehicles | 24 | €65,399 | €43,601 | -€21,798 | -33.3% |
| Financial fixed assets | 28 | €249,046 | €249,046 | = | 0.0% |
| Current assets | 29/58 | €1,259,187 | €1,662,914 | +€403,727 | +32.1% |
| Stocks and contracts in progress | 3 | €197,302 | €289,189 | +€91,887 | +46.6% |
| Stocks | 30/36 | €197,302 | €289,189 | +€91,887 | +46.6% |
| Amounts receivable within one year | 40/41 | €449,359 | €613,735 | +€164,376 | +36.6% |
| Trade receivables | 40 | €331,597 | €400,520 | +€68,923 | +20.8% |
| Other amounts receivable | 41 | €117,762 | €213,215 | +€95,453 | +81.1% |
| Current investments | 50/53 | €412,758 | €512,908 | +€100,150 | +24.3% |
| Cash at bank and in hand | 54/58 | €193,811 | €236,657 | +€42,847 | +22.1% |
| Deferred charges and accrued income | 490/1 | €5,957 | €10,424 | +€4,468 | +75.0% |
| Total equity and liabilities | 10/49 | €2,596,709 | €2,912,501 | +€315,792 | +12.2% |
| Equity | 10/15 | €1,238,280 | €1,269,193 | +€30,913 | +2.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,225,880 | €1,256,793 | +€30,913 | +2.5% |
| Distributable reserves | 133 | €1,225,880 | €1,256,793 | +€30,913 | +2.5% |
| Amounts payable | 17/49 | €1,358,429 | €1,643,308 | +€284,879 | +21.0% |
| Amounts payable after more than one year | 17 | €667,402 | €550,557 | -€116,844 | -17.5% |
| Financial debts | 170/4 | €667,402 | €550,557 | -€116,844 | -17.5% |
| Amounts payable within one year | 42/48 | €691,028 | €1,092,751 | +€401,723 | +58.1% |
| Current portion of amounts payable after more than one year | 42 | €131,590 | €116,874 | -€14,715 | -11.2% |
| Trade debts | 44 | €7,086 | €13,538 | +€6,452 | +91.0% |
| Suppliers | 440/4 | €7,086 | €13,538 | +€6,452 | +91.0% |
| Taxes, remuneration and social security | 45 | €103,006 | €147,222 | +€44,216 | +42.9% |
| Taxes | 450/3 | €92,441 | €105,849 | +€13,408 | +14.5% |
| Remuneration and social security | 454/9 | €10,565 | €41,373 | +€30,808 | +291.6% |
| Other amounts payable | 47/48 | €449,347 | €815,117 | +€365,770 | +81.4% |
| Remuneration, social security and pensions | 62 | €98,716 | €101,457 | +€2,741 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,803 | €90,436 | +€633 | +0.7% |
| Other operating charges | 640/8 | €11,538 | €11,532 | -€7 | -0.1% |
| Gross operating margin | 9900 | €247,875 | €249,570 | +€1,695 | +0.7% |
| Operating profit (loss) | 9901 | €47,818 | €46,146 | -€1,672 | -3.5% |
| Financial income | 75/76B | €983,374 | €14,196 | -€969,178 | -98.6% |
| Recurring financial income | 75 | €983,374 | €14,196 | -€969,178 | -98.6% |
| Financial charges | 65/66B | €34,829 | €14,631 | -€20,198 | -58.0% |
| Recurring financial charges | 65 | €34,829 | €14,631 | -€20,198 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | €996,363 | €45,711 | -€950,652 | -95.4% |
| Income taxes | 67/77 | €97,629 | €14,798 | -€82,832 | -84.8% |
| Profit (loss) for the period | 9904 | €898,733 | €30,913 | -€867,820 | -96.6% |
| Profit (loss) for the period to be appropriated | 9905 | €898,733 | €30,913 | -€867,820 | -96.6% |
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.