ELEKTRO CONSTRUCTIE GYS: 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 CONSTRUCTIE GYS
Largest movements
- Receivables within one year -€113,044
down €113,044 (-28.5%), from €396,470 to €283,426
of which Trade receivables: -€113,044
- Current investments +€50,000
up €50,000 (+24,541%), from €204 to €50,204
- Stocks and contracts +€28,579
up €28,579 (+23.0%), from €124,187 to €152,766
of which Stocks: +€49,753
- Tangible fixed assets -€27,239
down €27,239 (-20.5%), from €132,949 to €105,711
of which Furniture and vehicles: -€27,359
- Reserves +€73,805
up €73,805 (+31.8%), from €231,959 to €305,764
of which Distributable reserves: +€73,805
- Trade debts -€54,194
down €54,194 (-30.9%), from €175,210 to €121,017
- Short-term financial debts -€40,000
down €40,000 (-100%), from €40,000 to €0
- Tax, wage and social debts -€22,467
down €22,467 (-34.6%), from €64,982 to €42,515
of which Taxes: -€22,176
- Debts after one year -€21,711
down €21,711 (-26.5%), from €81,992 to €60,281
- Gross operating margin +€70,118
up €70,118 (+22.5%), from €311,413 to €381,531
- Taxes +€31,688
up €31,688 (+138%), from €22,895 to €54,583
- Staff costs -€13,384
down €13,384 (-7.5%), from €179,053 to €165,669
- Financial charges -€5,328
down €5,328 (-41.6%), from €12,799 to €7,471
- Depreciation +€4,305
up €4,305 (+14.9%), from €28,850 to €33,155
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 | €689,843 | €629,099 | -€60,744 | -8.8% |
| Fixed assets | 21/28 | €132,949 | €105,711 | -€27,239 | -20.5% |
| Tangible fixed assets | 22/27 | €132,949 | €105,711 | -€27,239 | -20.5% |
| Land and buildings | 22 | €23,616 | €23,737 | +€121 | +0.5% |
| Furniture and vehicles | 24 | €109,333 | €81,974 | -€27,359 | -25.0% |
| Current assets | 29/58 | €556,894 | €523,389 | -€33,506 | -6.0% |
| Stocks and contracts in progress | 3 | €124,187 | €152,766 | +€28,579 | +23.0% |
| Stocks | 30/36 | €59,203 | €108,956 | +€49,753 | +84.0% |
| Contracts in progress | 37 | €64,984 | €43,810 | -€21,174 | -32.6% |
| Amounts receivable within one year | 40/41 | €396,470 | €283,426 | -€113,044 | -28.5% |
| Trade receivables | 40 | €385,957 | €272,913 | -€113,044 | -29.3% |
| Other amounts receivable | 41 | €10,513 | €10,513 | = | 0.0% |
| Current investments | 50/53 | €204 | €50,204 | +€50,000 | +24,541% |
| Cash at bank and in hand | 54/58 | €30,334 | €31,294 | +€960 | +3.2% |
| Deferred charges and accrued income | 490/1 | €5,699 | €5,699 | = | 0.0% |
| Total equity and liabilities | 10/49 | €689,843 | €629,099 | -€60,744 | -8.8% |
| Equity | 10/15 | €297,764 | €371,569 | +€73,805 | +24.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €231,959 | €305,764 | +€73,805 | +31.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,400 | €3,400 | = | 0.0% |
| Distributable reserves | 133 | €222,359 | €296,164 | +€73,805 | +33.2% |
| Profit (loss) carried forward | 14 | €3,805 | €3,805 | = | 0.0% |
| Amounts payable | 17/49 | €392,080 | €257,530 | -€134,549 | -34.3% |
| Amounts payable after more than one year | 17 | €81,992 | €60,281 | -€21,711 | -26.5% |
| Financial debts | 170/4 | €81,992 | €60,281 | -€21,711 | -26.5% |
| Amounts payable within one year | 42/48 | €310,088 | €197,249 | -€112,839 | -36.4% |
| Current portion of amounts payable after more than one year | 42 | €20,765 | €21,711 | +€946 | +4.6% |
| Financial debts | 43 | €40,000 | €0 | -€40,000 | -100% |
| Credit institutions | 430/8 | €40,000 | €0 | -€40,000 | -100% |
| Trade debts | 44 | €175,210 | €121,017 | -€54,194 | -30.9% |
| Suppliers | 440/4 | €175,210 | €121,017 | -€54,194 | -30.9% |
| Taxes, remuneration and social security | 45 | €64,982 | €42,515 | -€22,467 | -34.6% |
| Taxes | 450/3 | €49,095 | €26,919 | -€22,176 | -45.2% |
| Remuneration and social security | 454/9 | €15,887 | €15,596 | -€291 | -1.8% |
| Other amounts payable | 47/48 | €9,131 | €12,007 | +€2,876 | +31.5% |
| Remuneration, social security and pensions | 62 | €179,053 | €165,669 | -€13,384 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,850 | €33,155 | +€4,305 | +14.9% |
| Other operating charges | 640/8 | €4,549 | €4,353 | -€196 | -4.3% |
| Gross operating margin | 9900 | €311,413 | €381,531 | +€70,118 | +22.5% |
| Operating profit (loss) | 9901 | €98,962 | €178,354 | +€79,392 | +80.2% |
| Financial income | 75/76B | €1,838 | €5 | -€1,832 | -99.7% |
| Recurring financial income | 75 | €1,838 | €5 | -€1,832 | -99.7% |
| Financial charges | 65/66B | €12,799 | €7,471 | -€5,328 | -41.6% |
| Recurring financial charges | 65 | €12,799 | €7,471 | -€5,328 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €88,001 | €170,889 | +€82,888 | +94.2% |
| Income taxes | 67/77 | €22,895 | €54,583 | +€31,688 | +138% |
| Profit (loss) for the period | 9904 | €65,105 | €116,305 | +€51,200 | +78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €65,105 | €116,305 | +€51,200 | +78.6% |
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 23 October 2026 via checked.be.