ELEKTRO LINK: 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 LINK
Largest movements
- Cash -€5,533
down €5,533 (-39.5%), from €13,996 to €8,464
mainly Tax, wage and social debts (-€4,204) and Deferred charges and accrued income (-€1,579)
- Deferred charges and accrued income +€1,579
up €1,579 (+138.9%), from €1,136 to €2,715
- Receivables within one year +€706
up €706 (+2.5%), from €28,189 to €28,895
of which Other amounts receivable: +€9,203
- Tax, wage and social debts -€4,204
down €4,204 (-29.7%), from €14,154 to €9,950
of which Taxes: -€7,059
- Trade debts +€1,767
up €1,767 (+194.7%), from €908 to €2,674
- Profit (loss) carried forward -€1,000
down €1,000 (-4.8%), from €20,870 to €19,870
- Staff costs +€848
up €848 (+1.8%), from €48,229 to €49,077
- Financial income +€588
up €588 (+114.6%), from €513 to €1,101
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,321 | €41,898 | -€3,423 | -7.6% |
| Fixed assets | 21/28 | €2,000 | €1,825 | -€175 | -8.8% |
| Tangible fixed assets | 22/27 | €2,000 | €1,825 | -€175 | -8.8% |
| Furniture and vehicles | 24 | €2,000 | €1,825 | -€175 | -8.8% |
| Current assets | 29/58 | €43,321 | €40,074 | -€3,248 | -7.5% |
| Amounts receivable within one year | 40/41 | €28,189 | €28,895 | +€706 | +2.5% |
| Trade receivables | 40 | €12,837 | €4,340 | -€8,497 | -66.2% |
| Other amounts receivable | 41 | €15,352 | €24,555 | +€9,203 | +60.0% |
| Cash at bank and in hand | 54/58 | €13,996 | €8,464 | -€5,533 | -39.5% |
| Deferred charges and accrued income | 490/1 | €1,136 | €2,715 | +€1,579 | +138.9% |
| Total equity and liabilities | 10/49 | €45,321 | €41,898 | -€3,423 | -7.6% |
| Equity | 10/15 | €30,260 | €29,260 | -€1,000 | -3.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €7,891 | €7,891 | = | 0.0% |
| Distributable reserves | 133 | €7,891 | €7,891 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,870 | €19,870 | -€1,000 | -4.8% |
| Amounts payable | 17/49 | €15,061 | €12,638 | -€2,423 | -16.1% |
| Amounts payable within one year | 42/48 | €15,061 | €12,638 | -€2,423 | -16.1% |
| Financial debts | 43 | - | €14 | +€14 | |
| Credit institutions | 430/8 | - | €14 | +€14 | |
| Trade debts | 44 | €908 | €2,674 | +€1,767 | +194.7% |
| Suppliers | 440/4 | €908 | €2,674 | +€1,767 | +194.7% |
| Taxes, remuneration and social security | 45 | €14,154 | €9,950 | -€4,204 | -29.7% |
| Taxes | 450/3 | €10,994 | €3,936 | -€7,059 | -64.2% |
| Remuneration and social security | 454/9 | €3,159 | €6,014 | +€2,855 | +90.4% |
| Non-recurring operating income | 76A | - | €2,415 | +€2,415 | |
| Remuneration, social security and pensions | 62 | €48,229 | €49,077 | +€848 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €825 | -€175 | -17.5% |
| Other operating charges | 640/8 | €625 | €115 | -€510 | -81.6% |
| Non-recurring operating charges | 66A | - | €1,793 | +€1,793 | |
| Gross operating margin | 9900 | €51,696 | €51,281 | -€415 | -0.8% |
| Operating profit (loss) | 9901 | €1,842 | -€529 | -€2,371 | |
| Financial income | 75/76B | €513 | €1,101 | +€588 | +114.6% |
| Recurring financial income | 75 | €513 | €1,101 | +€588 | +114.6% |
| Financial charges | 65/66B | €812 | €849 | +€37 | +4.5% |
| Recurring financial charges | 65 | €812 | €849 | +€37 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €1,544 | -€276 | -€1,820 | |
| Income taxes | 67/77 | €1,216 | €724 | -€493 | -40.5% |
| Profit (loss) for the period | 9904 | €327 | -€1,000 | -€1,327 | |
| Profit (loss) for the period to be appropriated | 9905 | €327 | -€1,000 | -€1,327 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.