ELECTROMETAL: what changed
Two fiscal 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.
ELECTROMETAL
Largest movements
- Cash +€8,187
up €8,187 (+150.6%), from €5,437 to €13,625
mainly Depreciation (+€7,303) and Tax, wage and social debts (+€4,981)
- Tangible fixed assets -€5,694
down €5,694 (-70.1%), from €8,118 to €2,424
- Receivables within one year +€1,242
up €1,242 (+2.1%), from €60,429 to €61,672
of which Other amounts receivable: +€7,334
- Tax, wage and social debts +€4,981
up €4,981 (+58.4%), from €8,525 to €13,506
- Profit (loss) carried forward -€1,722
down €1,722 (-24.0%), from €7,180 to €5,458
- Gross operating margin +€15,499
up €15,499, from -€983 to €14,516
- Taxes +€4,878
new in 2023: €4,878
- Depreciation +€1,377
up €1,377 (+23.2%), from €5,925 to €7,303
- Financial charges +€1,202
up €1,202 (+147.2%), from €817 to €2,019
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,984 | €78,106 | +€4,122 | +5.6% |
| Fixed assets | 21/28 | €8,118 | €2,424 | -€5,694 | -70.1% |
| Tangible fixed assets | 22/27 | €8,118 | €2,424 | -€5,694 | -70.1% |
| Furniture and vehicles | 24 | €8,118 | €2,424 | -€5,694 | -70.1% |
| Current assets | 29/58 | €65,867 | €75,682 | +€9,816 | +14.9% |
| Amounts receivable within one year | 40/41 | €60,429 | €61,672 | +€1,242 | +2.1% |
| Trade receivables | 40 | €58,076 | €51,985 | -€6,091 | -10.5% |
| Other amounts receivable | 41 | €2,353 | €9,687 | +€7,334 | +311.7% |
| Cash at bank and in hand | 54/58 | €5,437 | €13,625 | +€8,187 | +150.6% |
| Deferred charges and accrued income | 490/1 | - | €386 | +€386 | |
| Total equity and liabilities | 10/49 | €73,984 | €78,106 | +€4,122 | +5.6% |
| Equity | 10/15 | €17,180 | €15,458 | -€1,722 | -10.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,180 | €5,458 | -€1,722 | -24.0% |
| Amounts payable | 17/49 | €56,804 | €62,648 | +€5,844 | +10.3% |
| Amounts payable within one year | 42/48 | €56,804 | €62,648 | +€5,844 | +10.3% |
| Trade debts | 44 | €16,014 | €16,352 | +€338 | +2.1% |
| Suppliers | 440/4 | €16,014 | €16,352 | +€338 | +2.1% |
| Taxes, remuneration and social security | 45 | €8,525 | €13,506 | +€4,981 | +58.4% |
| Taxes | 450/3 | €8,525 | €13,506 | +€4,981 | +58.4% |
| Other amounts payable | 47/48 | €32,265 | €32,790 | +€524 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,925 | €7,303 | +€1,377 | +23.2% |
| Other operating charges | 640/8 | €2,144 | €2,067 | -€77 | -3.6% |
| Gross operating margin | 9900 | -€983 | €14,516 | +€15,499 | |
| Operating profit (loss) | 9901 | -€9,052 | €5,146 | +€14,198 | |
| Financial income | 75/76B | €14 | €29 | +€15 | +104.9% |
| Recurring financial income | 75 | €14 | €29 | +€15 | +104.9% |
| Financial charges | 65/66B | €817 | €2,019 | +€1,202 | +147.2% |
| Recurring financial charges | 65 | €817 | €2,019 | +€1,202 | +147.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,855 | €3,156 | +€13,011 | |
| Income taxes | 67/77 | - | €4,878 | +€4,878 | |
| Profit (loss) for the period | 9904 | -€9,855 | -€1,722 | +€8,133 | +82.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,855 | -€1,722 | +€8,133 | +82.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.