ELEKTRION DEVELOPMENT: what changed
Two fiscal 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 DEVELOPMENT
Largest movements
- Cash +€1.1m
up €1.1m (+1515.9%), from €72,876 to €1.2m
mainly Stocks and contracts (+€872,400) and Tax, wage and social debts (+€170,974)
- Stocks and contracts -€872,400
down €872,400 (-100.0%), from €872,400 to €0
- Receivables within one year +€33,980
up €33,980 (+133.6%), from €25,441 to €59,421
of which Trade receivables: +€33,980
- Tax, wage and social debts +€170,974
up €170,974 (+4002.7%), from €4,271 to €175,246
- Profit (loss) carried forward +€94,927
up €94,927, from -€12,127 to €82,800
- Write-downs -€254,419
down €254,419 (-2198.7%), from -€11,571 to -€265,990
- Other operating charges +€133,070
up €133,070 (+11963.2%), from €1,112 to €134,182
- Gross operating margin -€47,704
down €47,704, from €11,469 to -€36,235
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 | €977,128 | €1,237,050 | +€259,922 | +26.6% |
| Current assets | 29/58 | €977,128 | €1,237,050 | +€259,922 | +26.6% |
| Stocks and contracts in progress | 3 | €872,400 | €0 | -€872,400 | -100.0% |
| Stocks | 30/36 | €872,400 | €0 | -€872,400 | -100.0% |
| Amounts receivable within one year | 40/41 | €25,441 | €59,421 | +€33,980 | +133.6% |
| Trade receivables | 40 | €25,441 | €59,421 | +€33,980 | +133.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €72,876 | €1,177,629 | +€1.1m | +1515.9% |
| Deferred charges and accrued income | 490/1 | €6,411 | €0 | -€6,411 | -100.0% |
| Total equity and liabilities | 10/49 | €977,128 | €1,237,050 | +€259,922 | +26.6% |
| Equity | 10/15 | -€5,927 | €89,000 | +€94,927 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,127 | €82,800 | +€94,927 | |
| Amounts payable | 17/49 | €983,056 | €1,148,050 | +€164,994 | +16.8% |
| Amounts payable after more than one year | 17 | €969,660 | €969,660 | = | 0.0% |
| Financial debts | 170/4 | €969,660 | €969,660 | = | 0.0% |
| Amounts payable within one year | 42/48 | €13,352 | €178,346 | +€164,994 | +1235.7% |
| Trade debts | 44 | €9,080 | €3,100 | -€5,980 | -65.9% |
| Suppliers | 440/4 | €9,080 | €3,100 | -€5,980 | -65.9% |
| Taxes, remuneration and social security | 45 | €4,271 | €175,246 | +€170,974 | +4002.7% |
| Taxes | 450/3 | €4,271 | €175,246 | +€170,974 | +4002.7% |
| Accrued charges and deferred income | 492/3 | €43 | €43 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€11,571 | -€265,990 | -€254,419 | -2198.7% |
| Other operating charges | 640/8 | €1,112 | €134,182 | +€133,070 | +11963.2% |
| Gross operating margin | 9900 | €11,469 | -€36,235 | -€47,704 | |
| Operating profit (loss) | 9901 | €21,928 | €95,572 | +€73,645 | +335.8% |
| Financial charges | 65/66B | €517 | €645 | +€128 | +24.8% |
| Recurring financial charges | 65 | €517 | €645 | +€128 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €21,411 | €94,927 | +€73,517 | +343.4% |
| Profit (loss) for the period | 9904 | €21,411 | €94,927 | +€73,517 | +343.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,411 | €94,927 | +€73,517 | +343.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.