Elektro Concept: 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.
Elektro Concept
Largest movements
- Tangible fixed assets +€73,843
up €73,843 (+398.7%), from €18,522 to €92,365
of which Furniture and vehicles: +€75,168
- Cash -€24,907
down €24,907 (-95.5%), from €26,071 to €1,164
mainly Investment in fixed assets (net) (-€77,420) and Trade debts (-€41,138)
- Receivables within one year -€10,226
down €10,226 (-5.4%), from €190,206 to €179,980
of which Trade receivables: -€8,646
- Debts after one year +€64,181
new in 2025: €64,181
- Trade debts -€41,138
down €41,138 (-33.5%), from €122,856 to €81,718
- Current portion of long-term debt +€15,410
new in 2025: €15,410
- Tax, wage and social debts -€11,459
down €11,459 (-63.6%), from €18,017 to €6,558
of which Taxes: -€6,709
- Reserves +€9,083
up €9,083 (+8.4%), from €108,276 to €117,359
- Gross operating margin -€12,815
down €12,815 (-35.2%), from €36,411 to €23,595
- Depreciation -€7,026
down €7,026 (-66.3%), from €10,602 to €3,577
- Taxes -€2,991
down €2,991 (-48.7%), from €6,138 to €3,147
- Other operating charges +€1,675
up €1,675 (+167.4%), from €1,000 to €2,675
- Financial charges -€1,408
down €1,408 (-26.3%), from €5,361 to €3,953
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 | €263,634 | €304,965 | +€41,332 | +15.7% |
| Fixed assets | 21/28 | €18,522 | €92,365 | +€73,843 | +398.7% |
| Tangible fixed assets | 22/27 | €18,522 | €92,365 | +€73,843 | +398.7% |
| Land and buildings | 22 | €8,694 | €8,296 | -€397 | -4.6% |
| Plant, machinery and equipment | 23 | €4,328 | €3,401 | -€927 | -21.4% |
| Furniture and vehicles | 24 | €5,500 | €80,668 | +€75,168 | +1366.7% |
| Current assets | 29/58 | €245,112 | €212,600 | -€32,511 | -13.3% |
| Stocks and contracts in progress | 3 | €27,550 | €27,550 | = | 0.0% |
| Stocks | 30/36 | €27,550 | €27,550 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €190,206 | €179,980 | -€10,226 | -5.4% |
| Trade receivables | 40 | €156,745 | €148,099 | -€8,646 | -5.5% |
| Other amounts receivable | 41 | €33,461 | €31,882 | -€1,580 | -4.7% |
| Cash at bank and in hand | 54/58 | €26,071 | €1,164 | -€24,907 | -95.5% |
| Deferred charges and accrued income | 490/1 | €1,285 | €3,906 | +€2,621 | +204.0% |
| Total equity and liabilities | 10/49 | €263,634 | €304,965 | +€41,332 | +15.7% |
| Equity | 10/15 | €109,276 | €118,359 | +€9,083 | +8.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €108,276 | €117,359 | +€9,083 | +8.4% |
| Distributable reserves | 133 | €108,276 | €117,359 | +€9,083 | +8.4% |
| Amounts payable | 17/49 | €154,358 | €186,606 | +€32,249 | +20.9% |
| Amounts payable after more than one year | 17 | - | €64,181 | +€64,181 | |
| Financial debts | 170/4 | - | €64,181 | +€64,181 | |
| Amounts payable within one year | 42/48 | €154,358 | €122,425 | -€31,932 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | - | €15,410 | +€15,410 | |
| Trade debts | 44 | €122,856 | €81,718 | -€41,138 | -33.5% |
| Suppliers | 440/4 | €122,856 | €81,718 | -€41,138 | -33.5% |
| Advances received on contracts in progress | 46 | €298 | €298 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €18,017 | €6,558 | -€11,459 | -63.6% |
| Taxes | 450/3 | €12,042 | €5,333 | -€6,709 | -55.7% |
| Remuneration and social security | 454/9 | €5,975 | €1,225 | -€4,750 | -79.5% |
| Other amounts payable | 47/48 | €13,186 | €18,441 | +€5,255 | +39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,602 | €3,577 | -€7,026 | -66.3% |
| Other operating charges | 640/8 | €1,000 | €2,675 | +€1,675 | +167.4% |
| Gross operating margin | 9900 | €36,411 | €23,595 | -€12,815 | -35.2% |
| Operating profit (loss) | 9901 | €24,808 | €17,343 | -€7,465 | -30.1% |
| Financial income | 75/76B | €629 | €558 | -€71 | -11.3% |
| Recurring financial income | 75 | €629 | €558 | -€71 | -11.3% |
| Financial charges | 65/66B | €5,361 | €3,953 | -€1,408 | -26.3% |
| Recurring financial charges | 65 | €5,361 | €3,953 | -€1,408 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €20,075 | €13,948 | -€6,128 | -30.5% |
| Income taxes | 67/77 | €6,138 | €3,147 | -€2,991 | -48.7% |
| Profit (loss) for the period | 9904 | €13,938 | €10,801 | -€3,137 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,938 | €10,801 | -€3,137 | -22.5% |
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 10 October 2026 via checked.be.