ELEKTRO LESAFFRE: what changed
What changed
ELEKTRO LESAFFRE
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€30,807
2024 · €112,256-€81,449
Equity
€334,464
2024 · €304,490+€29,974
Cash
€93,312
2024 · €56,549+€36,762
Balance sheet total
€717,815
2024 · €709,017+€8,799
Largest movements
Assets
- Cash +€36,762
up €36,762 (+65.0%), from €56,549 to €93,312
mainly Depreciation (+€43,574) and Net result for the year (+€30,807)
- Tangible fixed assets -€21,952
down €21,952 (-4.1%), from €534,468 to €512,516
of which Land and buildings: -€21,115
Equity and liabilities
- Debts after one year -€31,526
down €31,526 (-8.9%), from €354,730 to €323,204
- Reserves +€29,974
up €29,974 (+10.5%), from €285,890 to €315,864
- Trade debts +€8,222
up €8,222 (+96.9%), from €8,489 to €16,711
Income statement
- Gross operating margin -€126,844
down €126,844 (-56.3%), from €225,125 to €98,280
- Taxes -€32,531
down €32,531 (-71.7%), from €45,390 to €12,858
- Other operating charges -€25,025
down €25,025 (-88.0%), from €28,447 to €3,422
- Depreciation +€10,981
up €10,981 (+33.7%), from €32,593 to €43,574
- Financial charges +€2,540
up €2,540 (+27.1%), from €9,362 to €11,902
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€112,256
Gross operating margin
-€126,844
Depreciation
-€10,981
Other operating charges
+€25,025
Financial income
+€1,360
Financial charges
-€2,540
Taxes
+€32,531
Result 2025
€30,807
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€89,914
Investment
-€21,621
Financing
-€31,531
Cash 2024
€56,549
From operations (derived)
+€89,914
Net result for the year
+€30,807
Depreciation
+€43,574
Stocks and contracts
+€400
Receivables within one year
+€5,611
Trade debts
+€8,222
Other debts
+€1,277
Accrued charges and deferred income
+€23
Investment (derived)
-€21,621
Investment in fixed assets (net)
-€21,621
Financing
-€31,531
Debts after one year
-€31,526
Current portion of long-term debt
+€829
Contributions, distributions and other
-€833
Cash 2025
€93,312
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €709,017 | €717,815 | +€8,799 | +1.2% |
| Fixed assets | 21/28 | €534,468 | €512,516 | -€21,952 | -4.1% |
| Tangible fixed assets | 22/27 | €534,468 | €512,516 | -€21,952 | -4.1% |
| Land and buildings | 22 | €464,311 | €443,196 | -€21,115 | -4.5% |
| Plant, machinery and equipment | 23 | €10,206 | €8,260 | -€1,946 | -19.1% |
| Furniture and vehicles | 24 | €8,170 | €21,775 | +€13,605 | +167% |
| Leasing and similar rights | 25 | €51,781 | €39,285 | -€12,496 | -24.1% |
| Current assets | 29/58 | €174,549 | €205,300 | +€30,751 | +17.6% |
| Stocks and contracts in progress | 3 | €20,358 | €19,959 | -€400 | -2.0% |
| Stocks | 30/36 | €20,358 | €19,959 | -€400 | -2.0% |
| Amounts receivable within one year | 40/41 | €97,641 | €92,030 | -€5,611 | -5.7% |
| Trade receivables | 40 | €75,249 | €50,768 | -€24,481 | -32.5% |
| Other amounts receivable | 41 | €22,392 | €41,261 | +€18,870 | +84.3% |
| Cash at bank and in hand | 54/58 | €56,549 | €93,312 | +€36,762 | +65.0% |
| Total equity and liabilities | 10/49 | €709,017 | €717,815 | +€8,799 | +1.2% |
| Equity | 10/15 | €304,490 | €334,464 | +€29,974 | +9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €285,890 | €315,864 | +€29,974 | +10.5% |
| Distributable reserves | 133 | €285,890 | €315,864 | +€29,974 | +10.5% |
| Amounts payable | 17/49 | €404,526 | €383,351 | -€21,175 | -5.2% |
| Amounts payable after more than one year | 17 | €354,730 | €323,204 | -€31,526 | -8.9% |
| Financial debts | 170/4 | €354,730 | €323,204 | -€31,526 | -8.9% |
| Amounts payable within one year | 42/48 | €49,130 | €59,458 | +€10,328 | +21.0% |
| Current portion of amounts payable after more than one year | 42 | €30,698 | €31,526 | +€829 | +2.7% |
| Trade debts | 44 | €8,489 | €16,711 | +€8,222 | +96.9% |
| Suppliers | 440/4 | €8,489 | €16,711 | +€8,222 | +96.9% |
| Other amounts payable | 47/48 | €9,944 | €11,221 | +€1,277 | +12.8% |
| Accrued charges and deferred income | 492/3 | €666 | €689 | +€23 | +3.5% |
| Non-recurring operating income | 76A | €9,500 | - | -€9,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,593 | €43,574 | +€10,981 | +33.7% |
| Other operating charges | 640/8 | €28,447 | €3,422 | -€25,025 | -88.0% |
| Gross operating margin | 9900 | €225,125 | €98,280 | -€126,844 | -56.3% |
| Operating profit (loss) | 9901 | €164,086 | €51,285 | -€112,800 | -68.7% |
| Financial income | 75/76B | €2,922 | €4,281 | +€1,360 | +46.5% |
| Recurring financial income | 75 | €2,922 | €4,281 | +€1,360 | +46.5% |
| Financial charges | 65/66B | €9,362 | €11,902 | +€2,540 | +27.1% |
| Recurring financial charges | 65 | €9,362 | €11,902 | +€2,540 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €157,645 | €43,665 | -€113,980 | -72.3% |
| Income taxes | 67/77 | €45,390 | €12,858 | -€32,531 | -71.7% |
| Profit (loss) for the period | 9904 | €112,256 | €30,807 | -€81,449 | -72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €112,256 | €30,807 | -€81,449 | -72.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.