ELEKTRION1907: 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.
ELEKTRION1907
Largest movements
- Stocks and contracts +€257,583
up €257,583 (+98.4%), from €261,803 to €519,386
- Tangible fixed assets -€97,590
down €97,590 (-21.0%), from €465,283 to €367,693
of which Leasing and similar rights: -€62,405
- Cash -€39,001
down €39,001 (-40.5%), from €96,232 to €57,231
mainly Stocks and contracts (-€257,583) and Net result for the year (-€155,755)
- Receivables within one year -€27,483
down €27,483 (-2.0%), from €1.4m to €1.3m
of which Other amounts receivable: -€66,116
- Trade debts +€254,065
up €254,065 (+19.0%), from €1.3m to €1.6m
- Profit (loss) carried forward -€155,755
down €155,755 (-11.7%), from -€1.3m to -€1.5m
- Turnover -€248,980
down €248,980 (-16.0%), from €1.6m to €1.3m
- Gross operating margin -€183,142
down €183,142 (-42.7%), from €428,720 to €245,578
- Staff costs +€117,358
up €117,358 (+144%), from €81,415 to €198,773
- Provisions +€88,175
no longer reported in 2025 (was -€88,175)
- Purchases and services -€38,080
down €38,080 (-3.2%), from €1.2m to €1.1m
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 | €2,264,986 | €2,362,089 | +€97,102 | +4.3% |
| Fixed assets | 21/28 | €503,833 | €406,243 | -€97,590 | -19.4% |
| Tangible fixed assets | 22/27 | €465,283 | €367,693 | -€97,590 | -21.0% |
| Land and buildings | 22 | €20,446 | €20,434 | -€13 | -0.1% |
| Plant, machinery and equipment | 23 | €37,508 | €19,252 | -€18,256 | -48.7% |
| Furniture and vehicles | 24 | €32,902 | €15,985 | -€16,917 | -51.4% |
| Leasing and similar rights | 25 | €374,427 | €312,023 | -€62,405 | -16.7% |
| Financial fixed assets | 28 | €38,550 | €38,550 | = | 0.0% |
| Current assets | 29/58 | €1,761,153 | €1,955,846 | +€194,692 | +11.1% |
| Amounts receivable after more than one year | 29 | €35,425 | €35,425 | = | 0.0% |
| Trade receivables | 290 | €35,425 | €35,425 | = | 0.0% |
| Stocks and contracts in progress | 3 | €261,803 | €519,386 | +€257,583 | +98.4% |
| Stocks | 30/36 | €261,803 | €519,386 | +€257,583 | +98.4% |
| Amounts receivable within one year | 40/41 | €1,353,985 | €1,326,502 | -€27,483 | -2.0% |
| Trade receivables | 40 | €274,788 | €313,421 | +€38,633 | +14.1% |
| Other amounts receivable | 41 | €1,079,197 | €1,013,081 | -€66,116 | -6.1% |
| Cash at bank and in hand | 54/58 | €96,232 | €57,231 | -€39,001 | -40.5% |
| Deferred charges and accrued income | 490/1 | €13,708 | €17,301 | +€3,593 | +26.2% |
| Total equity and liabilities | 10/49 | €2,264,986 | €2,362,089 | +€97,102 | +4.3% |
| Equity | 10/15 | -€626,139 | -€781,894 | -€155,755 | -24.9% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Capital | 10 | €700,000 | €700,000 | = | 0.0% |
| Issued capital | 100 | €700,000 | €700,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,326,139 | -€1,481,894 | -€155,755 | -11.7% |
| Provisions and deferred taxes | 16 | €1,331,887 | €1,331,887 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,331,887 | €1,331,887 | = | 0.0% |
| Other liabilities and charges | 164/5 | €1,331,887 | €1,331,887 | = | 0.0% |
| Amounts payable | 17/49 | €1,559,239 | €1,812,096 | +€252,857 | +16.2% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,359,239 | €1,612,096 | +€252,857 | +18.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | -€0 | |
| Trade debts | 44 | €1,339,401 | €1,593,466 | +€254,065 | +19.0% |
| Suppliers | 440/4 | €1,339,401 | €1,593,466 | +€254,065 | +19.0% |
| Taxes, remuneration and social security | 45 | €19,838 | €18,630 | -€1,208 | -6.1% |
| Taxes | 450/3 | €1,416 | €3 | -€1,412 | -99.8% |
| Remuneration and social security | 454/9 | €18,422 | €18,626 | +€204 | +1.1% |
| Turnover | 70 | €1,556,485 | €1,307,505 | -€248,980 | -16.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,179,809 | €1,141,729 | -€38,080 | -3.2% |
| Remuneration, social security and pensions | 62 | €81,415 | €198,773 | +€117,358 | +144% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139,468 | €110,311 | -€29,157 | -20.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€88,175 | - | +€88,175 | |
| Other operating charges | 640/8 | €21,726 | €22,468 | +€742 | +3.4% |
| Gross operating margin | 9900 | €428,720 | €245,578 | -€183,142 | -42.7% |
| Operating profit (loss) | 9901 | €274,285 | -€85,975 | -€360,260 | |
| Financial income | 75/76B | €18,162 | €13,641 | -€4,521 | -24.9% |
| Recurring financial income | 75 | €18,162 | €13,641 | -€4,521 | -24.9% |
| Financial charges | 65/66B | €96,445 | €83,421 | -€13,025 | -13.5% |
| Recurring financial charges | 65 | €96,445 | €83,421 | -€13,025 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €196,002 | -€155,755 | -€351,757 | |
| Profit (loss) for the period | 9904 | €196,002 | -€155,755 | -€351,757 | |
| Profit (loss) for the period to be appropriated | 9905 | €196,002 | -€155,755 | -€351,757 |
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 27 October 2026 via checked.be.