ELEKTRO LEFEVRE: 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 LEFEVRE
Largest movements
- Receivables within one year +€47,450
up €47,450 (+52.4%), from €90,482 to €137,932
of which Trade receivables: +€58,116
- Stocks and contracts -€23,518
down €23,518 (-6.2%), from €377,178 to €353,661
- Tangible fixed assets -€22,578
down €22,578 (-9.6%), from €235,827 to €213,249
of which Other tangible fixed assets: -€19,128
- Debts after one year +€113,833
up €113,833 (+103%), from €110,955 to €224,788
of which Other amounts payable: +€156,173
- Trade debts -€103,057
down €103,057 (-72.2%), from €142,744 to €39,687
- Short-term financial debts +€44,829
up €44,829 (+17.9%), from €250,171 to €295,000
- Profit (loss) carried forward -€40,393
down €40,393 (-65.8%), from -€61,413 to -€101,805
- Tax, wage and social debts -€19,100
down €19,100 (-18.0%), from €105,880 to €86,780
of which Taxes: -€14,736
- Gross operating margin +€22,388
up €22,388 (+20.9%), from €107,060 to €129,448
- Taxes +€16,856
up €16,856 (+2,893%), from €583 to €17,439
- Financial charges -€8,672
down €8,672 (-30.2%), from €28,679 to €20,007
- Staff costs -€8,515
down €8,515 (-8.3%), from €102,448 to €93,933
- Other operating charges +€2,504
up €2,504 (+14.4%), from €17,435 to €19,939
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 | €716,029 | €708,983 | -€7,046 | -1.0% |
| Fixed assets | 21/28 | €240,717 | €216,835 | -€23,882 | -9.9% |
| Intangible fixed assets | 21 | €4,890 | €3,586 | -€1,304 | -26.7% |
| Tangible fixed assets | 22/27 | €235,827 | €213,249 | -€22,578 | -9.6% |
| Land and buildings | 22 | €105,500 | €102,050 | -€3,450 | -3.3% |
| Other tangible fixed assets | 26 | €130,327 | €111,199 | -€19,128 | -14.7% |
| Current assets | 29/58 | €475,312 | €492,148 | +€16,836 | +3.5% |
| Stocks and contracts in progress | 3 | €377,178 | €353,661 | -€23,518 | -6.2% |
| Stocks | 30/36 | €377,178 | €353,661 | -€23,518 | -6.2% |
| Amounts receivable within one year | 40/41 | €90,482 | €137,932 | +€47,450 | +52.4% |
| Trade receivables | 40 | €16,529 | €74,645 | +€58,116 | +352% |
| Other amounts receivable | 41 | €73,953 | €63,287 | -€10,666 | -14.4% |
| Cash at bank and in hand | 54/58 | €7,652 | €556 | -€7,096 | -92.7% |
| Total equity and liabilities | 10/49 | €716,029 | €708,983 | -€7,046 | -1.0% |
| Equity | 10/15 | €60,781 | €20,388 | -€40,393 | -66.5% |
| Contributions | 10/11 | €113,200 | €113,200 | = | 0.0% |
| Reserves | 13 | €8,994 | €8,994 | = | 0.0% |
| Distributable reserves | 133 | €8,994 | €8,994 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,413 | -€101,805 | -€40,393 | -65.8% |
| Amounts payable | 17/49 | €655,248 | €688,595 | +€33,347 | +5.1% |
| Amounts payable after more than one year | 17 | €110,955 | €224,788 | +€113,833 | +103% |
| Financial debts | 170/4 | €110,955 | €68,615 | -€42,340 | -38.2% |
| Other amounts payable | 178/9 | - | €156,173 | +€156,173 | |
| Amounts payable within one year | 42/48 | €544,293 | €463,807 | -€80,486 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €45,497 | €42,340 | -€3,158 | -6.9% |
| Financial debts | 43 | €250,171 | €295,000 | +€44,829 | +17.9% |
| Other loans | 439 | €250,171 | €295,000 | +€44,829 | +17.9% |
| Trade debts | 44 | €142,744 | €39,687 | -€103,057 | -72.2% |
| Suppliers | 440/4 | €142,744 | €39,687 | -€103,057 | -72.2% |
| Taxes, remuneration and social security | 45 | €105,880 | €86,780 | -€19,100 | -18.0% |
| Taxes | 450/3 | €78,873 | €64,138 | -€14,736 | -18.7% |
| Remuneration and social security | 454/9 | €27,007 | €22,643 | -€4,364 | -16.2% |
| Non-recurring operating income | 76A | €3,073 | €3,890 | +€817 | +26.6% |
| Remuneration, social security and pensions | 62 | €102,448 | €93,933 | -€8,515 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,882 | €23,882 | = | 0.0% |
| Other operating charges | 640/8 | €17,435 | €19,939 | +€2,504 | +14.4% |
| Non-recurring operating charges | 66A | €38 | - | -€38 | |
| Gross operating margin | 9900 | €107,060 | €129,448 | +€22,388 | +20.9% |
| Operating profit (loss) | 9901 | -€36,743 | -€8,305 | +€28,438 | +77.4% |
| Financial income | 75/76B | €4,592 | €5,358 | +€766 | +16.7% |
| Recurring financial income | 75 | €4,592 | €5,358 | +€766 | +16.7% |
| Financial charges | 65/66B | €28,679 | €20,007 | -€8,672 | -30.2% |
| Recurring financial charges | 65 | €28,679 | €20,007 | -€8,672 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | -€60,830 | -€22,954 | +€37,876 | +62.3% |
| Income taxes | 67/77 | €583 | €17,439 | +€16,856 | +2,893% |
| Profit (loss) for the period | 9904 | -€61,413 | -€40,393 | +€21,020 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,413 | -€40,393 | +€21,020 | +34.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.