ELECTRONS LIBRES CORP: 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.
ELECTRONS LIBRES CORP
Largest movements
- Tangible fixed assets +€53,302
up €53,302 (+51.6%), from €103,220 to €156,521
of which Furniture and vehicles: +€76,000
- Cash -€43,360
down €43,360 (-93.5%), from €46,359 to €2,998
mainly Investment in fixed assets (net) (-€93,867) and Other debts (-€65,761)
- Receivables within one year -€22,936
down €22,936 (-64.4%), from €35,632 to €12,695
of which Trade receivables: -€26,436
- Intangible fixed assets -€4,000
down €4,000 (-23.5%), from €17,000 to €13,000
- Other debts -€65,761
down €65,761 (-64.9%), from €101,292 to €35,531
- Debts after one year +€21,877
new in 2025: €21,877
- Contributions +€12,000
up €12,000 (+300%), from €4,000 to €16,000
- Tax, wage and social debts +€10,750
up €10,750 (+28.3%), from €38,000 to €48,749
of which Remuneration and social security: +€13,324
- Current portion of long-term debt +€7,436
new in 2025: €7,436
- Staff costs +€83,927
up €83,927 (+268%), from €31,347 to €115,274
- Gross operating margin +€58,474
up €58,474 (+53.1%), from €110,029 to €168,503
- Depreciation +€22,812
up €22,812 (+109%), from €20,916 to €43,728
- Taxes -€7,152
down €7,152 (-62.2%), from €11,500 to €4,348
- Financial charges +€1,721
up €1,721 (+796%), from €216 to €1,937
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 | €203,156 | €187,427 | -€15,730 | -7.7% |
| Fixed assets | 21/28 | €121,166 | €171,305 | +€50,139 | +41.4% |
| Intangible fixed assets | 21 | €17,000 | €13,000 | -€4,000 | -23.5% |
| Tangible fixed assets | 22/27 | €103,220 | €156,521 | +€53,302 | +51.6% |
| Plant, machinery and equipment | 23 | €103,220 | €80,521 | -€22,699 | -22.0% |
| Furniture and vehicles | 24 | - | €76,000 | +€76,000 | |
| Financial fixed assets | 28 | €946 | €1,784 | +€838 | +88.5% |
| Current assets | 29/58 | €81,990 | €16,122 | -€65,869 | -80.3% |
| Amounts receivable within one year | 40/41 | €35,632 | €12,695 | -€22,936 | -64.4% |
| Trade receivables | 40 | €35,632 | €9,195 | -€26,436 | -74.2% |
| Other amounts receivable | 41 | - | €3,500 | +€3,500 | |
| Cash at bank and in hand | 54/58 | €46,359 | €2,998 | -€43,360 | -93.5% |
| Deferred charges and accrued income | 490/1 | - | €428 | +€428 | |
| Total equity and liabilities | 10/49 | €203,156 | €187,427 | -€15,730 | -7.7% |
| Equity | 10/15 | €46,366 | €58,850 | +€12,484 | +26.9% |
| Contributions | 10/11 | €4,000 | €16,000 | +€12,000 | +300% |
| Profit (loss) carried forward | 14 | €42,366 | €42,850 | +€484 | +1.1% |
| Amounts payable | 17/49 | €156,791 | €128,577 | -€28,214 | -18.0% |
| Amounts payable after more than one year | 17 | - | €21,877 | +€21,877 | |
| Financial debts | 170/4 | - | €21,877 | +€21,877 | |
| Amounts payable within one year | 42/48 | €156,791 | €106,699 | -€50,091 | -31.9% |
| Current portion of amounts payable after more than one year | 42 | - | €7,436 | +€7,436 | |
| Trade debts | 44 | €17,498 | €14,983 | -€2,516 | -14.4% |
| Suppliers | 440/4 | €13,781 | €14,983 | +€1,201 | +8.7% |
| Bills of exchange payable | 441 | €3,717 | - | -€3,717 | |
| Taxes, remuneration and social security | 45 | €38,000 | €48,749 | +€10,750 | +28.3% |
| Taxes | 450/3 | €22,651 | €20,076 | -€2,575 | -11.4% |
| Remuneration and social security | 454/9 | €15,349 | €28,673 | +€13,324 | +86.8% |
| Other amounts payable | 47/48 | €101,292 | €35,531 | -€65,761 | -64.9% |
| Remuneration, social security and pensions | 62 | €31,347 | €115,274 | +€83,927 | +268% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,916 | €43,728 | +€22,812 | +109% |
| Other operating charges | 640/8 | - | €993 | +€993 | |
| Gross operating margin | 9900 | €110,029 | €168,503 | +€58,474 | +53.1% |
| Operating profit (loss) | 9901 | €57,766 | €8,509 | -€49,258 | -85.3% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €216 | €1,937 | +€1,721 | +796% |
| Recurring financial charges | 65 | €216 | €1,937 | +€1,721 | +796% |
| Profit (loss) for the period before taxes | 9903 | €57,550 | €6,573 | -€50,977 | -88.6% |
| Income taxes | 67/77 | €11,500 | €4,348 | -€7,152 | -62.2% |
| Profit (loss) for the period | 9904 | €46,050 | €2,225 | -€43,825 | -95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €46,050 | €2,225 | -€43,825 | -95.2% |
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 17 October 2026 via checked.be.