ELEKTRION: 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.
ELEKTRION
Largest movements
- Current assets -€4.4m
down €4.4m (-66.0%), from €6.7m to €2.3m
of which Receivables within one year: -€2.3m
- Tangible fixed assets -€291,309
down €291,309 (-12.2%), from €2.4m to €2.1m
- Provisions -€2.4m
down €2.4m (-69.6%), from €3.4m to €1.0m
- Profit (loss) carried forward -€2.3m
down €2.3m (-305.3%), from -€737,635 to -€3.0m
- Debts after one year -€149,275
down €149,275 (-8.2%), from €1.8m to €1.7m
- Debts within one year +€125,396
up €125,396 (+4.6%), from €2.7m to €2.8m
- Turnover +€3.6m
new in 2016: €3.6m
- Gross operating margin -€59,190
down €59,190 (-7.1%), from €832,819 to €773,629
From the 2015 result to the 2016 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2015 | 2016 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,213,980 | €4,570,730 | -€4.6m | -50.4% |
| Fixed assets | 21/28 | €2,549,335 | €2,306,161 | -€243,174 | -9.5% |
| Intangible fixed assets | 21 | €168,000 | €216,000 | +€48,000 | +28.6% |
| Tangible fixed assets | 22/27 | €2,381,335 | €2,090,026 | -€291,309 | -12.2% |
| Financial fixed assets | 28 | - | €135 | +€135 | |
| Current assets | 29/58 | €6,664,644 | €2,264,568 | -€4.4m | -66.0% |
| Stocks and contracts in progress | 3 | €3,269,934 | €1,036,767 | -€2.2m | -68.3% |
| Amounts receivable within one year | 40/41 | €3,381,438 | €1,122,573 | -€2.3m | -66.8% |
| Cash at bank and in hand | 54/58 | €5,480 | €88,118 | +€82,638 | +1508.1% |
| Total equity and liabilities | 10/49 | €9,213,980 | €4,570,730 | -€4.6m | -50.4% |
| Equity | 10/15 | €1,289,915 | -€961,808 | -€2.3m | |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €27,550 | €27,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€737,635 | -€2,989,358 | -€2.3m | -305.3% |
| Provisions and deferred taxes | 16 | €3,404,012 | €1,036,365 | -€2.4m | -69.6% |
| Amounts payable | 17/49 | €4,520,052 | €4,496,173 | -€23,880 | -0.5% |
| Amounts payable after more than one year | 17 | €1,809,441 | €1,660,166 | -€149,275 | -8.2% |
| Amounts payable within one year | 42/48 | €2,710,611 | €2,836,007 | +€125,396 | +4.6% |
| Trade debts | 44 | €530,220 | €2,635,407 | +€2.1m | +397.0% |
| Turnover | 70 | - | €3,622,778 | +€3.6m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €650,956 | €679,267 | +€28,311 | +4.3% |
| Gross operating margin | 9900 | €832,819 | €773,629 | -€59,190 | -7.1% |
| Operating profit (loss) | 9901 | €98,468 | -€2,151,895 | -€2.3m | |
| Recurring financial income | 75 | €19,368 | €112,009 | +€92,641 | +478.3% |
| Recurring financial charges | 65 | €211,854 | €211,939 | +€84 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,039,889 | -€2,251,825 | -€1.2m | -116.5% |
| Income taxes | 67/77 | €1 | -€101 | -€102 | |
| Profit (loss) for the period | 9904 | -€1,039,890 | -€2,251,723 | -€1.2m | -116.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,039,890 | -€2,251,723 | -€1.2m | -116.5% |
Source: filed annual accounts (NBB), financial years ended 30 November 2015 and 30 November 2016. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.