ELEKTEC: 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.
ELEKTEC
Largest movements
- Tangible fixed assets +€32,920
up €32,920 (+85.6%), from €38,477 to €71,397
of which Furniture and vehicles: +€35,503
- Cash -€7,735
down €7,735 (-70.8%), from €10,924 to €3,189
mainly Investment in fixed assets (net) (-€47,273) and Net result for the year (-€21,400)
- Receivables within one year -€1,756
down €1,756 (-6.8%), from €25,643 to €23,887
of which Other amounts receivable: -€3,675
- Debts after one year +€36,782
new in 2025: €36,782
- Profit (loss) carried forward -€21,400
down €21,400 (-40.2%), from €53,190 to €31,790
- Current portion of long-term debt +€12,219
new in 2025: €12,219
- Trade debts -€11,586
down €11,586 (-77.8%), from €14,895 to €3,309
- Other debts +€5,000
up €5,000 (+100%), from €5,000 to €10,000
- Gross operating margin -€59,925
down €59,925 (-77.5%), from €77,328 to €17,403
- Staff costs -€36,724
down €36,724 (-96.6%), from €38,021 to €1,297
- Taxes +€11,264
up €11,264 (+175%), from €6,438 to €17,702
- Depreciation -€4,043
down €4,043 (-22.0%), from €18,396 to €14,353
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 | €86,797 | €109,989 | +€23,191 | +26.7% |
| Fixed assets | 21/28 | €47,477 | €80,397 | +€32,920 | +69.3% |
| Tangible fixed assets | 22/27 | €38,477 | €71,397 | +€32,920 | +85.6% |
| Plant, machinery and equipment | 23 | €5,066 | €2,484 | -€2,582 | -51.0% |
| Furniture and vehicles | 24 | €33,411 | €68,913 | +€35,503 | +106% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €39,320 | €29,591 | -€9,729 | -24.7% |
| Amounts receivable within one year | 40/41 | €25,643 | €23,887 | -€1,756 | -6.8% |
| Trade receivables | 40 | €21,968 | €23,887 | +€1,919 | +8.7% |
| Other amounts receivable | 41 | €3,675 | - | -€3,675 | |
| Cash at bank and in hand | 54/58 | €10,924 | €3,189 | -€7,735 | -70.8% |
| Deferred charges and accrued income | 490/1 | €2,753 | €2,515 | -€238 | -8.6% |
| Total equity and liabilities | 10/49 | €86,797 | €109,989 | +€23,191 | +26.7% |
| Equity | 10/15 | €58,190 | €36,790 | -€21,400 | -36.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,190 | €31,790 | -€21,400 | -40.2% |
| Amounts payable | 17/49 | €28,607 | €73,198 | +€44,591 | +156% |
| Amounts payable after more than one year | 17 | - | €36,782 | +€36,782 | |
| Financial debts | 170/4 | - | €36,782 | +€36,782 | |
| Amounts payable within one year | 42/48 | €28,607 | €36,416 | +€7,809 | +27.3% |
| Current portion of amounts payable after more than one year | 42 | - | €12,219 | +€12,219 | |
| Trade debts | 44 | €14,895 | €3,309 | -€11,586 | -77.8% |
| Suppliers | 440/4 | €14,895 | €3,309 | -€11,586 | -77.8% |
| Taxes, remuneration and social security | 45 | €8,712 | €10,889 | +€2,177 | +25.0% |
| Taxes | 450/3 | €6,438 | €10,889 | +€4,451 | +69.1% |
| Remuneration and social security | 454/9 | €2,274 | - | -€2,274 | |
| Other amounts payable | 47/48 | €5,000 | €10,000 | +€5,000 | +100% |
| Remuneration, social security and pensions | 62 | €38,021 | €1,297 | -€36,724 | -96.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,396 | €14,353 | -€4,043 | -22.0% |
| Other operating charges | 640/8 | €3,587 | €3,394 | -€194 | -5.4% |
| Non-recurring operating charges | 66A | €4,364 | - | -€4,364 | |
| Gross operating margin | 9900 | €77,328 | €17,403 | -€59,925 | -77.5% |
| Operating profit (loss) | 9901 | €12,960 | -€1,641 | -€14,601 | |
| Financial income | 75/76B | €1 | €12 | +€11 | +1,553% |
| Recurring financial income | 75 | €1 | €12 | +€11 | +1,553% |
| Financial charges | 65/66B | €2,110 | €2,070 | -€41 | -1.9% |
| Recurring financial charges | 65 | €2,110 | €2,070 | -€41 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €10,850 | -€3,698 | -€14,548 | |
| Income taxes | 67/77 | €6,438 | €17,702 | +€11,264 | +175% |
| Profit (loss) for the period | 9904 | €4,412 | -€21,400 | -€25,812 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,412 | -€21,400 | -€25,812 |
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.