ELEKTRO DERMO: 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 DERMO
Largest movements
- Cash +€96,423
up €96,423 (+258%), from €37,368 to €133,790
mainly Trade debts (+€85,420) and Stocks and contracts (+€73,720)
- Stocks and contracts -€73,720
down €73,720 (-17.6%), from €419,420 to €345,700
of which Stocks: -€93,700
- Receivables within one year +€67,630
up €67,630 (+12.8%), from €527,614 to €595,244
of which Trade receivables: +€64,248
- Trade debts +€85,420
up €85,420 (+20.8%), from €410,154 to €495,574
- Reserves +€19,786
up €19,786 (+7.5%), from €264,529 to €284,314
of which Distributable reserves: +€19,786
- Short-term financial debts -€13,626
down €13,626 (-7.9%), from €173,093 to €159,466
- Staff costs -€82,001
down €82,001 (-16.1%), from €510,099 to €428,098
- Gross operating margin -€56,257
down €56,257 (-10.2%), from €554,178 to €497,921
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 | €1,021,425 | €1,118,333 | +€96,909 | +9.5% |
| Fixed assets | 21/28 | €37,024 | €43,599 | +€6,576 | +17.8% |
| Tangible fixed assets | 22/27 | €37,024 | €43,599 | +€6,576 | +17.8% |
| Plant, machinery and equipment | 23 | - | €17,108 | +€17,108 | |
| Furniture and vehicles | 24 | €1,426 | - | -€1,426 | |
| Other tangible fixed assets | 26 | €35,598 | €26,492 | -€9,106 | -25.6% |
| Current assets | 29/58 | €984,401 | €1,074,734 | +€90,333 | +9.2% |
| Stocks and contracts in progress | 3 | €419,420 | €345,700 | -€73,720 | -17.6% |
| Stocks | 30/36 | €289,400 | €195,700 | -€93,700 | -32.4% |
| Contracts in progress | 37 | €130,020 | €150,000 | +€19,980 | +15.4% |
| Amounts receivable within one year | 40/41 | €527,614 | €595,244 | +€67,630 | +12.8% |
| Trade receivables | 40 | €509,815 | €574,063 | +€64,248 | +12.6% |
| Other amounts receivable | 41 | €17,799 | €21,181 | +€3,382 | +19.0% |
| Cash at bank and in hand | 54/58 | €37,368 | €133,790 | +€96,423 | +258% |
| Total equity and liabilities | 10/49 | €1,021,425 | €1,118,333 | +€96,909 | +9.5% |
| Equity | 10/15 | €324,529 | €344,314 | +€19,786 | +6.1% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €264,529 | €284,314 | +€19,786 | +7.5% |
| Tax-exempt reserves | 132 | €33,858 | €33,858 | = | 0.0% |
| Distributable reserves | 133 | €230,671 | €250,456 | +€19,786 | +8.6% |
| Amounts payable | 17/49 | €696,896 | €774,019 | +€77,123 | +11.1% |
| Amounts payable after more than one year | 17 | €9,442 | €13,599 | +€4,157 | +44.0% |
| Financial debts | 170/4 | €9,442 | €13,599 | +€4,157 | +44.0% |
| Amounts payable within one year | 42/48 | €687,454 | €760,420 | +€72,966 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €11,183 | €9,442 | -€1,741 | -15.6% |
| Financial debts | 43 | €173,093 | €159,466 | -€13,626 | -7.9% |
| Credit institutions | 430/8 | €173,093 | €159,466 | -€13,626 | -7.9% |
| Trade debts | 44 | €410,154 | €495,574 | +€85,420 | +20.8% |
| Suppliers | 440/4 | €410,154 | €495,574 | +€85,420 | +20.8% |
| Taxes, remuneration and social security | 45 | €93,025 | €95,938 | +€2,913 | +3.1% |
| Taxes | 450/3 | €33,520 | €51,077 | +€17,557 | +52.4% |
| Remuneration and social security | 454/9 | €59,505 | €44,861 | -€14,644 | -24.6% |
| Remuneration, social security and pensions | 62 | €510,099 | €428,098 | -€82,001 | -16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,069 | €13,723 | +€655 | +5.0% |
| Other operating charges | 640/8 | €6,012 | €11,127 | +€5,115 | +85.1% |
| Gross operating margin | 9900 | €554,178 | €497,921 | -€56,257 | -10.2% |
| Operating profit (loss) | 9901 | €24,999 | €44,973 | +€19,974 | +79.9% |
| Financial income | 75/76B | €865 | €1 | -€864 | -99.9% |
| Recurring financial income | 75 | €865 | €1 | -€864 | -99.9% |
| Financial charges | 65/66B | €10,201 | €15,328 | +€5,127 | +50.3% |
| Recurring financial charges | 65 | €10,201 | €15,328 | +€5,127 | +50.3% |
| Profit (loss) for the period before taxes | 9903 | €15,662 | €29,646 | +€13,984 | +89.3% |
| Income taxes | 67/77 | €5,914 | €9,861 | +€3,947 | +66.7% |
| Profit (loss) for the period | 9904 | €9,748 | €19,786 | +€10,037 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €9,748 | €19,786 | +€10,037 | +103% |
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 18 October 2026 via checked.be.