ELECTROSANI: 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.
ELECTROSANI
Largest movements
- Receivables within one year +€140,217
up €140,217 (+19.9%), from €705,540 to €845,757
of which Trade receivables: +€131,923
- Cash -€48,288
down €48,288 (-88.8%), from €54,390 to €6,102
mainly Receivables within one year (-€140,217) and Trade debts (-€94,010)
- Short-term financial debts +€146,179
up €146,179 (+1,090,076%), from €13 to €146,193
- Trade debts -€94,010
down €94,010 (-31.5%), from €298,604 to €204,595
of which Bills of exchange payable: -€285,478
- Profit (loss) carried forward +€62,463
up €62,463 (+21.8%), from €286,269 to €348,732
- Tax, wage and social debts -€26,628
down €26,628 (-30.6%), from €87,008 to €60,380
of which Taxes: -€23,718
- Current portion of long-term debt +€10,452
up €10,452 (+284%), from €3,678 to €14,130
- Purchases and services +€311,109
up €311,109 (+23.4%), from €1.3m to €1.6m
- Turnover +€151,104
up €151,104 (+9.1%), from €1.7m to €1.8m
- Gross operating margin -€147,569
down €147,569 (-43.8%), from €337,170 to €189,601
- Taxes -€52,097
down €52,097 (-76.4%), from €68,226 to €16,129
- Staff costs +€32,592
up €32,592 (+52.1%), from €62,546 to €95,138
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 | €770,094 | €868,550 | +€98,456 | +12.8% |
| Fixed assets | 21/28 | €10,164 | €16,691 | +€6,528 | +64.2% |
| Tangible fixed assets | 22/27 | €7,373 | €11,397 | +€4,024 | +54.6% |
| Plant, machinery and equipment | 23 | €2,355 | €1,946 | -€409 | -17.4% |
| Furniture and vehicles | 24 | €5,017 | €9,451 | +€4,433 | +88.4% |
| Financial fixed assets | 28 | €2,791 | €5,295 | +€2,504 | +89.7% |
| Current assets | 29/58 | €759,930 | €851,859 | +€91,929 | +12.1% |
| Amounts receivable within one year | 40/41 | €705,540 | €845,757 | +€140,217 | +19.9% |
| Trade receivables | 40 | €685,804 | €817,727 | +€131,923 | +19.2% |
| Other amounts receivable | 41 | €19,736 | €28,030 | +€8,294 | +42.0% |
| Cash at bank and in hand | 54/58 | €54,390 | €6,102 | -€48,288 | -88.8% |
| Total equity and liabilities | 10/49 | €770,094 | €868,550 | +€98,456 | +12.8% |
| Equity | 10/15 | €380,791 | €443,253 | +€62,463 | +16.4% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Contributions outside capital | 11 | €7,000 | €7,000 | = | 0.0% |
| Other | 1109/19 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €87,521 | €87,521 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,549 | €5,549 | = | 0.0% |
| Legal reserve | 130 | €3,689 | €3,689 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €81,972 | €81,972 | = | 0.0% |
| Profit (loss) carried forward | 14 | €286,269 | €348,732 | +€62,463 | +21.8% |
| Amounts payable | 17/49 | €389,303 | €425,297 | +€35,994 | +9.2% |
| Amounts payable within one year | 42/48 | €389,303 | €425,297 | +€35,994 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €3,678 | €14,130 | +€10,452 | +284% |
| Financial debts | 43 | €13 | €146,193 | +€146,179 | +1,090,076% |
| Credit institutions | 430/8 | €13 | €146,193 | +€146,179 | +1,090,076% |
| Trade debts | 44 | €298,604 | €204,595 | -€94,010 | -31.5% |
| Suppliers | 440/4 | €13,126 | €204,595 | +€191,468 | +1,459% |
| Bills of exchange payable | 441 | €285,478 | - | -€285,478 | |
| Taxes, remuneration and social security | 45 | €87,008 | €60,380 | -€26,628 | -30.6% |
| Taxes | 450/3 | €83,073 | €59,355 | -€23,718 | -28.6% |
| Remuneration and social security | 454/9 | €3,935 | €1,024 | -€2,910 | -74.0% |
| Turnover | 70 | €1,658,403 | €1,809,507 | +€151,104 | +9.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,329,496 | €1,640,605 | +€311,109 | +23.4% |
| Remuneration, social security and pensions | 62 | €62,546 | €95,138 | +€32,592 | +52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,416 | €6,051 | -€365 | -5.7% |
| Other operating charges | 640/8 | €5,451 | €8,428 | +€2,977 | +54.6% |
| Gross operating margin | 9900 | €337,170 | €189,601 | -€147,569 | -43.8% |
| Operating profit (loss) | 9901 | €262,757 | €79,983 | -€182,774 | -69.6% |
| Financial income | 75/76B | €3 | €9 | +€6 | +242% |
| Recurring financial income | 75 | €3 | €9 | +€6 | +242% |
| Financial charges | 65/66B | €681 | €1,400 | +€719 | +106% |
| Recurring financial charges | 65 | €681 | €1,400 | +€719 | +106% |
| Profit (loss) for the period before taxes | 9903 | €262,078 | €78,592 | -€183,487 | -70.0% |
| Income taxes | 67/77 | €68,226 | €16,129 | -€52,097 | -76.4% |
| Profit (loss) for the period | 9904 | €193,852 | €62,463 | -€131,389 | -67.8% |
| Profit (loss) for the period to be appropriated | 9905 | €193,852 | €62,463 | -€131,389 | -67.8% |
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 15 October 2026 via checked.be.