Elektro-DS: 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-DS
Largest movements
- Cash +€13,449
up €13,449 (+359%), from €3,750 to €17,199
mainly Depreciation (+€12,169) and Debts after one year (+€11,892)
- Tangible fixed assets -€12,731
down €12,731 (-11.6%), from €110,177 to €97,447
of which Furniture and vehicles: -€6,985
- Receivables within one year -€4,449
down €4,449 (-24.5%), from €18,151 to €13,701
of which Trade receivables: -€6,214
- Short-term financial debts -€16,000
no longer reported in 2025 (was €16,000)
- Debts after one year +€11,892
up €11,892 (+12.5%), from €95,280 to €107,172
of which Financial debts: +€15,922
- Gross operating margin -€1,617
down €1,617 (-8.8%), from €18,442 to €16,825
- Taxes -€571
down €571 (-58.3%), from €979 to €409
- Depreciation +€209
up €209 (+1.8%), from €11,960 to €12,169
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 | €140,960 | €138,229 | -€2,730 | -1.9% |
| Fixed assets | 21/28 | €110,376 | €97,495 | -€12,881 | -11.7% |
| Intangible fixed assets | 21 | €199 | €49 | -€150 | -75.4% |
| Tangible fixed assets | 22/27 | €110,177 | €97,447 | -€12,731 | -11.6% |
| Land and buildings | 22 | €88,391 | €83,116 | -€5,275 | -6.0% |
| Plant, machinery and equipment | 23 | €1,593 | €1,123 | -€470 | -29.5% |
| Furniture and vehicles | 24 | €20,193 | €13,208 | -€6,985 | -34.6% |
| Current assets | 29/58 | €30,583 | €40,734 | +€10,150 | +33.2% |
| Stocks and contracts in progress | 3 | €6,597 | €7,748 | +€1,150 | +17.4% |
| Stocks | 30/36 | €6,597 | €7,748 | +€1,150 | +17.4% |
| Amounts receivable within one year | 40/41 | €18,151 | €13,701 | -€4,449 | -24.5% |
| Trade receivables | 40 | €15,667 | €9,453 | -€6,214 | -39.7% |
| Other amounts receivable | 41 | €2,484 | €4,249 | +€1,765 | +71.1% |
| Cash at bank and in hand | 54/58 | €3,750 | €17,199 | +€13,449 | +359% |
| Deferred charges and accrued income | 490/1 | €2,085 | €2,086 | +€1 | 0.0% |
| Total equity and liabilities | 10/49 | €140,960 | €138,229 | -€2,730 | -1.9% |
| Equity | 10/15 | €11,856 | €11,743 | -€113 | -0.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,856 | €1,743 | -€113 | -6.1% |
| Distributable reserves | 133 | €1,856 | €1,743 | -€113 | -6.1% |
| Amounts payable | 17/49 | €129,104 | €126,486 | -€2,618 | -2.0% |
| Amounts payable after more than one year | 17 | €95,280 | €107,172 | +€11,892 | +12.5% |
| Financial debts | 170/4 | €46,439 | €62,361 | +€15,922 | +34.3% |
| Other amounts payable | 178/9 | €48,841 | €44,812 | -€4,029 | -8.2% |
| Amounts payable within one year | 42/48 | €33,824 | €19,314 | -€14,510 | -42.9% |
| Current portion of amounts payable after more than one year | 42 | €9,225 | €9,078 | -€147 | -1.6% |
| Financial debts | 43 | €16,000 | - | -€16,000 | |
| Credit institutions | 430/8 | €16,000 | - | -€16,000 | |
| Trade debts | 44 | €7,158 | €8,407 | +€1,249 | +17.4% |
| Suppliers | 440/4 | €7,158 | €8,407 | +€1,249 | +17.4% |
| Taxes, remuneration and social security | 45 | €1,440 | €1,828 | +€388 | +26.9% |
| Taxes | 450/3 | €1,440 | €1,828 | +€388 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,960 | €12,169 | +€209 | +1.8% |
| Other operating charges | 640/8 | €1,715 | €1,765 | +€50 | +2.9% |
| Gross operating margin | 9900 | €18,442 | €16,825 | -€1,617 | -8.8% |
| Operating profit (loss) | 9901 | €4,767 | €2,890 | -€1,877 | -39.4% |
| Financial charges | 65/66B | €2,747 | €2,594 | -€153 | -5.6% |
| Recurring financial charges | 65 | €2,747 | €2,594 | -€153 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €2,020 | €296 | -€1,724 | -85.3% |
| Income taxes | 67/77 | €979 | €409 | -€571 | -58.3% |
| Profit (loss) for the period | 9904 | €1,041 | -€113 | -€1,153 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,041 | -€113 | -€1,153 |
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 17 October 2026 via checked.be.