Elektro Eagle: 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 Eagle
Largest movements
- Receivables within one year -€30,423
down €30,423 (-60.1%), from €50,626 to €20,202
of which Trade receivables: -€41,652
- Cash +€7,702
up €7,702 (+7.9%), from €97,157 to €104,859
mainly Net result for the year (+€31,266) and Receivables within one year (+€30,423)
- Tangible fixed assets -€4,071
down €4,071 (-13.4%), from €30,293 to €26,222
of which Furniture and vehicles: -€4,807
- Other debts -€42,183
down €42,183 (-100%), from €42,183 to €0
- Profit (loss) carried forward +€30,766
up €30,766 (+32.8%), from €93,899 to €124,665
- Tax, wage and social debts -€17,881
down €17,881 (-48.3%), from €37,012 to €19,132
of which Taxes: -€17,083
- Trade debts +€3,516
up €3,516 (+177%), from €1,981 to €5,497
- Gross operating margin -€68,696
down €68,696 (-38.1%), from €180,217 to €111,520
- Taxes -€17,069
down €17,069 (-57.1%), from €29,901 to €12,833
- Staff costs +€10,962
up €10,962 (+22.6%), from €48,610 to €59,573
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 | €178,076 | €152,294 | -€25,782 | -14.5% |
| Fixed assets | 21/28 | €30,293 | €26,222 | -€4,071 | -13.4% |
| Tangible fixed assets | 22/27 | €30,293 | €26,222 | -€4,071 | -13.4% |
| Plant, machinery and equipment | 23 | €893 | €1,629 | +€736 | +82.4% |
| Furniture and vehicles | 24 | €29,400 | €24,593 | -€4,807 | -16.4% |
| Current assets | 29/58 | €147,783 | €126,072 | -€21,711 | -14.7% |
| Amounts receivable within one year | 40/41 | €50,626 | €20,202 | -€30,423 | -60.1% |
| Trade receivables | 40 | €41,652 | €0 | -€41,652 | -100% |
| Other amounts receivable | 41 | €8,974 | €20,202 | +€11,229 | +125% |
| Cash at bank and in hand | 54/58 | €97,157 | €104,859 | +€7,702 | +7.9% |
| Deferred charges and accrued income | 490/1 | - | €1,011 | +€1,011 | |
| Total equity and liabilities | 10/49 | €178,076 | €152,294 | -€25,782 | -14.5% |
| Equity | 10/15 | €96,899 | €127,665 | +€30,766 | +31.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,899 | €124,665 | +€30,766 | +32.8% |
| Amounts payable | 17/49 | €81,177 | €24,629 | -€56,548 | -69.7% |
| Amounts payable within one year | 42/48 | €81,177 | €24,629 | -€56,548 | -69.7% |
| Trade debts | 44 | €1,981 | €5,497 | +€3,516 | +177% |
| Suppliers | 440/4 | €1,981 | €5,497 | +€3,516 | +177% |
| Taxes, remuneration and social security | 45 | €37,012 | €19,132 | -€17,881 | -48.3% |
| Taxes | 450/3 | €30,100 | €13,017 | -€17,083 | -56.8% |
| Remuneration and social security | 454/9 | €6,913 | €6,115 | -€798 | -11.5% |
| Other amounts payable | 47/48 | €42,183 | €0 | -€42,183 | -100% |
| Remuneration, social security and pensions | 62 | €48,610 | €59,573 | +€10,962 | +22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,137 | €7,619 | +€1,483 | +24.2% |
| Other operating charges | 640/8 | €1,358 | €1,716 | +€357 | +26.3% |
| Gross operating margin | 9900 | €180,217 | €111,520 | -€68,696 | -38.1% |
| Operating profit (loss) | 9901 | €124,112 | €42,613 | -€81,499 | -65.7% |
| Financial income | 75/76B | €0 | €1,696 | +€1,696 | +5,651,733% |
| Recurring financial income | 75 | €0 | €1,696 | +€1,696 | +5,651,733% |
| Financial charges | 65/66B | €312 | €210 | -€102 | -32.6% |
| Recurring financial charges | 65 | €312 | €210 | -€102 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €123,800 | €44,098 | -€79,702 | -64.4% |
| Income taxes | 67/77 | €29,901 | €12,833 | -€17,069 | -57.1% |
| Profit (loss) for the period | 9904 | €93,899 | €31,266 | -€62,633 | -66.7% |
| Profit (loss) for the period to be appropriated | 9905 | €93,899 | €31,266 | -€62,633 | -66.7% |
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 25 October 2026 via checked.be.