ELEKTRO LINDEN: what changed
What changed
ELEKTRO LINDEN
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€50,022
2024 · €56,135-€6,113
Equity
€576,666
2024 · €557,237+€19,430
Cash
€15,763
2024 · €26,965-€11,201
Balance sheet total
€1.2m
2024 · €1.1m+€98,769
Largest movements
Assets
- Tangible fixed assets +€111,297
up €111,297 (+24.3%), from €458,837 to €570,134
of which Furniture and vehicles: +€83,023
Equity and liabilities
- Debts after one year +€98,716
up €98,716 (+54.8%), from €180,041 to €278,757
- Short-term financial debts -€44,500
down €44,500 (-100%), from €44,500 to €0
- Other debts +€28,096
up €28,096 (+263%), from €10,701 to €38,796
- Profit (loss) carried forward +€20,022
up €20,022 (+7.5%), from €266,364 to €286,386
- Accrued charges and deferred income -€17,471
no longer reported in 2025 (was €17,471)
Income statement
- Turnover -€2.0m
no longer reported in 2025 (was €2.0m)
- Purchases and services -€1.6m
no longer reported in 2025 (was €1.6m)
- Staff costs -€41,933
down €41,933 (-14.0%), from €299,952 to €258,018
- Gross operating margin -€40,322
down €40,322 (-8.6%), from €466,956 to €426,635
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
€56,135
Gross operating margin
-€40,322
Staff costs
+€41,933
Depreciation
-€3,230
Write-downs
-€4,242
Other operating charges
-€4,241
Other operating items
+€68
Financial income
-€557
Financial charges
+€3,506
Taxes
+€972
Result 2025
€50,022
raises the resultlowers the resultnot broken down further in the accounts
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
+€123,634
Investment
-€175,210
Financing
+€40,375
Cash 2024
€26,965
From operations (derived)
+€123,634
Net result for the year
+€50,022
Depreciation
+€62,394
Stocks and contracts
+€5,259
Receivables within one year
-€4,869
Deferred charges and accrued income
+€2,456
Provisions
-€305
Trade debts
+€16,755
Tax, wage and social debts
-€13,298
Advances received
-€5,404
Other debts
+€28,096
Accrued charges and deferred income
-€17,471
Investment (derived)
-€175,210
Investment in fixed assets (net)
-€175,210
Financing
+€40,375
Debts after one year
+€98,716
Current portion of long-term debt
+€16,751
Short-term financial debts
-€44,500
Contributions, distributions and other
-€30,593
Cash 2025
€15,763
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,079,686 | €1,178,455 | +€98,769 | +9.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €459,457 | €572,273 | +€112,816 | +24.6% |
| Intangible fixed assets | 21 | €0 | €1,519 | +€1,519 | |
| Tangible fixed assets | 22/27 | €458,837 | €570,134 | +€111,297 | +24.3% |
| Land and buildings | 22 | €384,714 | €424,683 | +€39,969 | +10.4% |
| Plant, machinery and equipment | 23 | €39,845 | €32,586 | -€7,259 | -18.2% |
| Furniture and vehicles | 24 | €29,843 | €112,866 | +€83,023 | +278% |
| Leasing and similar rights | 25 | €4,435 | - | -€4,435 | |
| Financial fixed assets | 28 | €620 | €620 | = | 0.0% |
| Current assets | 29/58 | €620,229 | €606,182 | -€14,047 | -2.3% |
| Stocks and contracts in progress | 3 | €481,987 | €476,728 | -€5,259 | -1.1% |
| Stocks | 30/36 | €481,987 | €476,728 | -€5,259 | -1.1% |
| Amounts receivable within one year | 40/41 | €108,138 | €113,007 | +€4,869 | +4.5% |
| Trade receivables | 40 | €92,747 | €97,435 | +€4,688 | +5.1% |
| Other amounts receivable | 41 | €15,390 | €15,572 | +€182 | +1.2% |
| Cash at bank and in hand | 54/58 | €26,965 | €15,763 | -€11,201 | -41.5% |
| Deferred charges and accrued income | 490/1 | €3,140 | €684 | -€2,456 | -78.2% |
| Total equity and liabilities | 10/49 | €1,079,686 | €1,178,455 | +€98,769 | +9.1% |
| Equity | 10/15 | €557,237 | €576,666 | +€19,430 | +3.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | - | -€100,000 | |
| Issued capital | 100 | €100,000 | - | -€100,000 | |
| Reserves | 13 | €184,008 | €184,008 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | - | -€10,000 | |
| Reserves not available under the articles | 1311 | - | €10,000 | +€10,000 | |
| Tax-exempt reserves | 132 | €64,008 | €64,008 | = | 0.0% |
| Distributable reserves | 133 | €110,000 | €110,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €266,364 | €286,386 | +€20,022 | +7.5% |
| Investment grants | 15 | €6,865 | €6,272 | -€593 | -8.6% |
| Provisions and deferred taxes | 16 | €3,534 | €3,229 | -€305 | -8.6% |
| Deferred taxes | 168 | €3,534 | €3,229 | -€305 | -8.6% |
| Amounts payable | 17/49 | €518,915 | €598,559 | +€79,644 | +15.3% |
| Amounts payable after more than one year | 17 | €180,041 | €278,757 | +€98,716 | +54.8% |
| Financial debts | 170/4 | €180,041 | €278,757 | +€98,716 | +54.8% |
| Amounts payable within one year | 42/48 | €321,403 | €319,802 | -€1,601 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €45,993 | €62,744 | +€16,751 | +36.4% |
| Financial debts | 43 | €44,500 | €0 | -€44,500 | -100% |
| Credit institutions | 430/8 | €44,500 | €0 | -€44,500 | -100% |
| Trade debts | 44 | €156,854 | €173,609 | +€16,755 | +10.7% |
| Suppliers | 440/4 | €156,854 | €173,609 | +€16,755 | +10.7% |
| Advances received on contracts in progress | 46 | €5,404 | - | -€5,404 | |
| Taxes, remuneration and social security | 45 | €57,951 | €44,652 | -€13,298 | -22.9% |
| Taxes | 450/3 | €22,951 | €10,679 | -€12,272 | -53.5% |
| Remuneration and social security | 454/9 | €35,000 | €33,973 | -€1,027 | -2.9% |
| Other amounts payable | 47/48 | €10,701 | €38,796 | +€28,096 | +263% |
| Accrued charges and deferred income | 492/3 | €17,471 | - | -€17,471 | |
| Turnover | 70 | €2,049,607 | - | -€2.0m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,596,092 | - | -€1.6m | |
| Remuneration, social security and pensions | 62 | €299,952 | €258,018 | -€41,933 | -14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,164 | €62,394 | +€3,230 | +5.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €193 | €4,435 | +€4,242 | +2,193% |
| Other operating charges | 640/8 | €15,916 | €20,157 | +€4,241 | +26.6% |
| Non-recurring operating charges | 66A | €206 | €138 | -€68 | -32.9% |
| Gross operating margin | 9900 | €466,956 | €426,635 | -€40,322 | -8.6% |
| Operating profit (loss) | 9901 | €91,526 | €81,492 | -€10,034 | -11.0% |
| Financial income | 75/76B | €8,527 | €7,970 | -€557 | -6.5% |
| Recurring financial income | 75 | €8,527 | €7,970 | -€557 | -6.5% |
| Financial charges | 65/66B | €25,825 | €22,318 | -€3,506 | -13.6% |
| Recurring financial charges | 65 | €25,825 | €22,318 | -€3,506 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €74,229 | €67,144 | -€7,085 | -9.5% |
| Transfer from deferred taxes | 780 | €305 | €305 | = | 0.0% |
| Income taxes | 67/77 | €18,398 | €17,426 | -€972 | -5.3% |
| Profit (loss) for the period | 9904 | €56,135 | €50,022 | -€6,113 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,135 | €50,022 | -€6,113 | -10.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.