ELEKTRO-CH: what changed
ELEKTRO-CH
Largest movements
- Cash +€14,645
up €14,645 (+539%), from €2,719 to €17,364
mainly Net result for the year (+€33,392) and Short-term financial debts (+€7,681)
- Receivables within one year +€14,640
up €14,640 (+91.3%), from €16,035 to €30,675
of which Other amounts receivable: +€18,819
- Tangible fixed assets +€10,391
up €10,391 (+224%), from €4,647 to €15,038
of which Furniture and vehicles: +€9,042
- Deferred charges and accrued income +€2,822
up €2,822 (+10,933%), from €26 to €2,848
- Profit (loss) carried forward +€32,851
up €32,851 (+6,078%), from €540 to €33,392
- Short-term financial debts +€7,681
new in 2025: €7,681
- Tax, wage and social debts +€2,130
up €2,130 (+87.3%), from €2,440 to €4,570
of which Taxes: +€1,672
- Accrued charges and deferred income -€833
no longer reported in 2025 (was €833)
- Gross operating margin +€47,760
up €47,760 (+569%), from €8,399 to €56,159
- Taxes +€8,310
up €8,310 (+799%), from €1,040 to €9,350
- Staff costs +€6,081
new in 2025: €6,081
- Depreciation +€918
up €918 (+53.2%), from €1,726 to €2,645
- Financial charges -€640
down €640 (-15.4%), from €4,156 to €3,516
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,427 | €65,925 | +€42,498 | +181% |
| Fixed assets | 21/28 | €4,647 | €15,038 | +€10,391 | +224% |
| Tangible fixed assets | 22/27 | €4,647 | €15,038 | +€10,391 | +224% |
| Plant, machinery and equipment | 23 | €1,106 | €2,456 | +€1,350 | +122% |
| Furniture and vehicles | 24 | €3,541 | €12,582 | +€9,042 | +255% |
| Current assets | 29/58 | €18,780 | €50,887 | +€32,107 | +171% |
| Amounts receivable within one year | 40/41 | €16,035 | €30,675 | +€14,640 | +91.3% |
| Trade receivables | 40 | €11,980 | €7,801 | -€4,179 | -34.9% |
| Other amounts receivable | 41 | €4,054 | €22,874 | +€18,819 | +464% |
| Cash at bank and in hand | 54/58 | €2,719 | €17,364 | +€14,645 | +539% |
| Deferred charges and accrued income | 490/1 | €26 | €2,848 | +€2,822 | +10,933% |
| Total equity and liabilities | 10/49 | €23,427 | €65,925 | +€42,498 | +181% |
| Equity | 10/15 | €13,086 | €46,478 | +€33,392 | +255% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,546 | €8,086 | +€540 | +7.2% |
| Distributable reserves | 133 | €7,546 | €8,086 | +€540 | +7.2% |
| Profit (loss) carried forward | 14 | €540 | €33,392 | +€32,851 | +6,078% |
| Amounts payable | 17/49 | €10,340 | €19,447 | +€9,106 | +88.1% |
| Amounts payable within one year | 42/48 | €9,507 | €19,447 | +€9,939 | +105% |
| Financial debts | 43 | - | €7,681 | +€7,681 | |
| Credit institutions | 430/8 | - | €7,681 | +€7,681 | |
| Trade debts | 44 | €7,068 | €7,195 | +€128 | +1.8% |
| Suppliers | 440/4 | €7,068 | €7,195 | +€128 | +1.8% |
| Taxes, remuneration and social security | 45 | €2,440 | €4,570 | +€2,130 | +87.3% |
| Taxes | 450/3 | €2,440 | €4,112 | +€1,672 | +68.5% |
| Remuneration and social security | 454/9 | - | €458 | +€458 | |
| Accrued charges and deferred income | 492/3 | €833 | - | -€833 | |
| Remuneration, social security and pensions | 62 | - | €6,081 | +€6,081 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,726 | €2,645 | +€918 | +53.2% |
| Other operating charges | 640/8 | €937 | €1,175 | +€239 | +25.5% |
| Gross operating margin | 9900 | €8,399 | €56,159 | +€47,760 | +569% |
| Operating profit (loss) | 9901 | €5,736 | €46,258 | +€40,522 | +706% |
| Financial income | 75/76B | €0 | €0 | +€0 | +300% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +300% |
| Financial charges | 65/66B | €4,156 | €3,516 | -€640 | -15.4% |
| Recurring financial charges | 65 | €4,156 | €3,516 | -€640 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €1,580 | €42,742 | +€41,162 | +2,605% |
| Income taxes | 67/77 | €1,040 | €9,350 | +€8,310 | +799% |
| Profit (loss) for the period | 9904 | €540 | €33,392 | +€32,851 | +6,078% |
| Profit (loss) for the period to be appropriated | 9905 | €540 | €33,392 | +€32,851 | +6,078% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.