ELECTROSOFT: 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.
ELECTROSOFT
Largest movements
- Cash +€192,458
up €192,458 (+189.5%), from €101,574 to €294,032
mainly Depreciation (+€300,175) and Trade debts (+€183,410)
- Tangible fixed assets +€137,280
up €137,280 (+3.7%), from €3.7m to €3.8m
of which Land and buildings: +€149,810
- Receivables within one year -€45,890
down €45,890 (-18.0%), from €254,822 to €208,931
of which Other amounts receivable: -€116,795
- Debts after one year -€206,635
down €206,635 (-8.7%), from €2.4m to €2.2m
- Trade debts +€183,410
up €183,410 (+277.4%), from €66,115 to €249,525
- Profit (loss) carried forward +€108,569
up €108,569 (+37.0%), from -€293,280 to -€184,711
- Other debts +€76,038
up €76,038 (+7.3%), from €1.0m to €1.1m
- Tax, wage and social debts +€74,753
up €74,753 (+270.1%), from €27,673 to €102,426
of which Taxes: +€60,341
- Gross operating margin -€58,270
down €58,270 (-7.6%), from €764,257 to €705,987
- Depreciation +€22,421
up €22,421 (+8.1%), from €277,754 to €300,175
- Taxes -€17,575
down €17,575 (-99.0%), from €17,753 to €178
- Staff costs +€15,526
up €15,526 (+11.7%), from €132,418 to €147,943
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 | €4,154,173 | €4,394,956 | +€240,783 | +5.8% |
| Fixed assets | 21/28 | €3,693,029 | €3,830,109 | +€137,080 | +3.7% |
| Intangible fixed assets | 21 | €242 | €42 | -€200 | -82.8% |
| Tangible fixed assets | 22/27 | €3,692,738 | €3,830,018 | +€137,280 | +3.7% |
| Land and buildings | 22 | €3,664,016 | €3,813,827 | +€149,810 | +4.1% |
| Plant, machinery and equipment | 23 | €19,574 | €14,497 | -€5,077 | -25.9% |
| Furniture and vehicles | 24 | €9,147 | €1,694 | -€7,454 | -81.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €461,144 | €564,847 | +€103,703 | +22.5% |
| Stocks and contracts in progress | 3 | €92,075 | €55,688 | -€36,387 | -39.5% |
| Stocks | 30/36 | €92,075 | €55,688 | -€36,387 | -39.5% |
| Amounts receivable within one year | 40/41 | €254,822 | €208,931 | -€45,890 | -18.0% |
| Trade receivables | 40 | €136,197 | €207,101 | +€70,905 | +52.1% |
| Other amounts receivable | 41 | €118,625 | €1,830 | -€116,795 | -98.5% |
| Cash at bank and in hand | 54/58 | €101,574 | €294,032 | +€192,458 | +189.5% |
| Deferred charges and accrued income | 490/1 | €12,673 | €6,196 | -€6,477 | -51.1% |
| Total equity and liabilities | 10/49 | €4,154,173 | €4,394,956 | +€240,783 | +5.8% |
| Equity | 10/15 | €447,733 | €556,302 | +€108,569 | +24.2% |
| Contributions | 10/11 | €739,153 | €739,153 | = | 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 | -€293,280 | -€184,711 | +€108,569 | +37.0% |
| Amounts payable | 17/49 | €3,706,441 | €3,838,655 | +€132,214 | +3.6% |
| Amounts payable after more than one year | 17 | €2,364,449 | €2,157,814 | -€206,635 | -8.7% |
| Financial debts | 170/4 | €2,364,449 | €2,157,814 | -€206,635 | -8.7% |
| Amounts payable within one year | 42/48 | €1,340,982 | €1,679,152 | +€338,170 | +25.2% |
| Current portion of amounts payable after more than one year | 42 | €206,640 | €209,079 | +€2,439 | +1.2% |
| Financial debts | 43 | €20 | €20 | = | 0.0% |
| Credit institutions | 430/8 | €20 | €20 | = | 0.0% |
| Trade debts | 44 | €66,115 | €249,525 | +€183,410 | +277.4% |
| Suppliers | 440/4 | €66,115 | €249,525 | +€183,410 | +277.4% |
| Advances received on contracts in progress | 46 | - | €1,529 | +€1,529 | |
| Taxes, remuneration and social security | 45 | €27,673 | €102,426 | +€74,753 | +270.1% |
| Taxes | 450/3 | €10,376 | €70,717 | +€60,341 | +581.5% |
| Remuneration and social security | 454/9 | €17,297 | €31,709 | +€14,412 | +83.3% |
| Other amounts payable | 47/48 | €1,040,534 | €1,116,573 | +€76,038 | +7.3% |
| Accrued charges and deferred income | 492/3 | €1,010 | €1,689 | +€679 | +67.2% |
| Non-recurring operating income | 76A | €54,098 | €0 | -€54,098 | -100.0% |
| Remuneration, social security and pensions | 62 | €132,418 | €147,943 | +€15,526 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €277,754 | €300,175 | +€22,421 | +8.1% |
| Other operating charges | 640/8 | €27,026 | €26,774 | -€251 | -0.9% |
| Non-recurring operating charges | 66A | - | €72,073 | +€72,073 | |
| Gross operating margin | 9900 | €764,257 | €705,987 | -€58,270 | -7.6% |
| Operating profit (loss) | 9901 | €327,060 | €159,021 | -€168,039 | -51.4% |
| Financial income | 75/76B | €1,126 | €596 | -€530 | -47.1% |
| Recurring financial income | 75 | €1,126 | €596 | -€530 | -47.1% |
| Financial charges | 65/66B | €48,571 | €50,870 | +€2,298 | +4.7% |
| Recurring financial charges | 65 | €48,571 | €50,870 | +€2,298 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €279,615 | €108,747 | -€170,867 | -61.1% |
| Income taxes | 67/77 | €17,753 | €178 | -€17,575 | -99.0% |
| Profit (loss) for the period | 9904 | €261,861 | €108,569 | -€153,292 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €261,861 | €108,569 | -€153,292 | -58.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.