ELECTROSOLUTIONS: 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.
ELECTROSOLUTIONS
Largest movements
- Cash +€26,014
up €26,014 (+292%), from €8,923 to €34,936
mainly Depreciation (+€18,071) and Current portion of long-term debt (+€17,500)
- Tangible fixed assets -€17,651
down €17,651 (-17.1%), from €103,121 to €85,470
of which Furniture and vehicles: -€15,619
- Stocks and contracts +€4,126
up €4,126 (+80.5%), from €5,128 to €9,255
- Receivables within one year -€3,286
down €3,286 (-7.6%), from €43,117 to €39,831
of which Trade receivables: -€8,951
- Debts after one year -€27,853
down €27,853 (-75.3%), from €36,980 to €9,127
- Current portion of long-term debt +€17,500
up €17,500 (+49.5%), from €35,333 to €52,833
- Reserves +€16,470
up €16,470 (+53.8%), from €30,595 to €47,065
- Trade debts +€9,205
up €9,205 (+28.2%), from €32,661 to €41,867
- Tax, wage and social debts -€3,234
no longer reported in 2025 (was €3,234)
- Gross operating margin -€17,996
down €17,996 (-28.5%), from €63,218 to €45,222
- Taxes -€6,347
down €6,347 (-48.0%), from €13,234 to €6,887
- Depreciation +€5,893
up €5,893 (+48.4%), from €12,178 to €18,071
- Financial income -€1,547
no longer reported in 2025 (was €1,547)
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 | €160,289 | €169,492 | +€9,203 | +5.7% |
| Fixed assets | 21/28 | €103,121 | €85,470 | -€17,651 | -17.1% |
| Tangible fixed assets | 22/27 | €103,121 | €85,470 | -€17,651 | -17.1% |
| Plant, machinery and equipment | 23 | €3,167 | €1,135 | -€2,031 | -64.1% |
| Furniture and vehicles | 24 | €99,954 | €84,334 | -€15,619 | -15.6% |
| Current assets | 29/58 | €57,168 | €84,022 | +€26,854 | +47.0% |
| Stocks and contracts in progress | 3 | €5,128 | €9,255 | +€4,126 | +80.5% |
| Stocks | 30/36 | €5,128 | €9,255 | +€4,126 | +80.5% |
| Amounts receivable within one year | 40/41 | €43,117 | €39,831 | -€3,286 | -7.6% |
| Trade receivables | 40 | €35,755 | €26,804 | -€8,951 | -25.0% |
| Other amounts receivable | 41 | €7,363 | €13,027 | +€5,665 | +76.9% |
| Cash at bank and in hand | 54/58 | €8,923 | €34,936 | +€26,014 | +292% |
| Total equity and liabilities | 10/49 | €160,289 | €169,492 | +€9,203 | +5.7% |
| Equity | 10/15 | €49,195 | €65,665 | +€16,470 | +33.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,595 | €47,065 | +€16,470 | +53.8% |
| Distributable reserves | 133 | €30,595 | €47,065 | +€16,470 | +53.8% |
| Amounts payable | 17/49 | €111,094 | €103,827 | -€7,267 | -6.5% |
| Amounts payable after more than one year | 17 | €36,980 | €9,127 | -€27,853 | -75.3% |
| Financial debts | 170/4 | €36,980 | €9,127 | -€27,853 | -75.3% |
| Amounts payable within one year | 42/48 | €74,114 | €94,700 | +€20,586 | +27.8% |
| Current portion of amounts payable after more than one year | 42 | €35,333 | €52,833 | +€17,500 | +49.5% |
| Trade debts | 44 | €32,661 | €41,867 | +€9,205 | +28.2% |
| Suppliers | 440/4 | €32,661 | €41,867 | +€9,205 | +28.2% |
| Taxes, remuneration and social security | 45 | €3,234 | - | -€3,234 | |
| Taxes | 450/3 | €3,234 | - | -€3,234 | |
| Other amounts payable | 47/48 | €2,885 | - | -€2,885 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,178 | €18,071 | +€5,893 | +48.4% |
| Other operating charges | 640/8 | €1,328 | €1,320 | -€8 | -0.6% |
| Gross operating margin | 9900 | €63,218 | €45,222 | -€17,996 | -28.5% |
| Operating profit (loss) | 9901 | €49,712 | €25,831 | -€23,882 | -48.0% |
| Financial income | 75/76B | €1,547 | - | -€1,547 | |
| Recurring financial income | 75 | €1,547 | - | -€1,547 | |
| Financial charges | 65/66B | €2,954 | €2,474 | -€480 | -16.2% |
| Recurring financial charges | 65 | €2,954 | €2,474 | -€480 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €48,306 | €23,357 | -€24,949 | -51.6% |
| Income taxes | 67/77 | €13,234 | €6,887 | -€6,347 | -48.0% |
| Profit (loss) for the period | 9904 | €35,072 | €16,470 | -€18,602 | -53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,072 | €16,470 | -€18,602 | -53.0% |
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 13 October 2026 via checked.be.