ELEKTRO MIRKO: 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 MIRKO
Largest movements
- Cash +€95,273
up €95,273 (+33.2%), from €287,043 to €382,316
mainly Net result for the year (+€65,153) and Trade debts (+€36,296)
- Intangible fixed assets -€15,000
down €15,000 (-25.0%), from €60,000 to €45,000
- Reserves +€65,000
up €65,000 (+30.4%), from €213,860 to €278,860
- Trade debts +€36,296
up €36,296 (+11.6%), from €313,480 to €349,777
- Short-term financial debts -€30,142
down €30,142 (-80.0%), from €37,689 to €7,547
- Tax, wage and social debts +€14,767
up €14,767 (+50.3%), from €29,342 to €44,109
of which Taxes: +€15,172
- Gross operating margin -€28,074
down €28,074 (-10.4%), from €270,822 to €242,749
- Staff costs +€8,078
up €8,078 (+6.2%), from €130,020 to €138,097
- Taxes -€7,635
down €7,635 (-22.2%), from €34,321 to €26,686
- Financial income +€3,255
up €3,255 (+73.4%), from €4,431 to €7,686
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 | €941,619 | €1,028,299 | +€86,680 | +9.2% |
| Fixed assets | 21/28 | €62,239 | €46,148 | -€16,091 | -25.9% |
| Intangible fixed assets | 21 | €60,000 | €45,000 | -€15,000 | -25.0% |
| Tangible fixed assets | 22/27 | €2,239 | €1,148 | -€1,091 | -48.7% |
| Furniture and vehicles | 24 | €2,239 | €1,148 | -€1,091 | -48.7% |
| Current assets | 29/58 | €879,380 | €982,151 | +€102,771 | +11.7% |
| Stocks and contracts in progress | 3 | €271,345 | €273,470 | +€2,125 | +0.8% |
| Stocks | 30/36 | €271,345 | €273,470 | +€2,125 | +0.8% |
| Amounts receivable within one year | 40/41 | €313,065 | €319,358 | +€6,294 | +2.0% |
| Trade receivables | 40 | €296,411 | €318,695 | +€22,285 | +7.5% |
| Other amounts receivable | 41 | €16,654 | €663 | -€15,991 | -96.0% |
| Cash at bank and in hand | 54/58 | €287,043 | €382,316 | +€95,273 | +33.2% |
| Deferred charges and accrued income | 490/1 | €7,927 | €7,006 | -€921 | -11.6% |
| Total equity and liabilities | 10/49 | €941,619 | €1,028,299 | +€86,680 | +9.2% |
| Equity | 10/15 | €399,850 | €465,003 | +€65,153 | +16.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €213,860 | €278,860 | +€65,000 | +30.4% |
| Distributable reserves | 133 | €213,860 | €278,860 | +€65,000 | +30.4% |
| Profit (loss) carried forward | 14 | €173,590 | €173,743 | +€153 | +0.1% |
| Amounts payable | 17/49 | €541,768 | €563,295 | +€21,527 | +4.0% |
| Amounts payable within one year | 42/48 | €541,768 | €562,822 | +€21,054 | +3.9% |
| Financial debts | 43 | €37,689 | €7,547 | -€30,142 | -80.0% |
| Credit institutions | 430/8 | €37,689 | €7,547 | -€30,142 | -80.0% |
| Trade debts | 44 | €313,480 | €349,777 | +€36,296 | +11.6% |
| Suppliers | 440/4 | €313,480 | €349,777 | +€36,296 | +11.6% |
| Advances received on contracts in progress | 46 | €10,588 | €11,390 | +€802 | +7.6% |
| Taxes, remuneration and social security | 45 | €29,342 | €44,109 | +€14,767 | +50.3% |
| Taxes | 450/3 | €9,396 | €24,569 | +€15,172 | +161% |
| Remuneration and social security | 454/9 | €19,946 | €19,540 | -€406 | -2.0% |
| Other amounts payable | 47/48 | €150,669 | €150,000 | -€669 | -0.4% |
| Accrued charges and deferred income | 492/3 | - | €473 | +€473 | |
| Remuneration, social security and pensions | 62 | €130,020 | €138,097 | +€8,078 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,349 | €16,091 | -€258 | -1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,452 | €112 | -€1,340 | -92.3% |
| Other operating charges | 640/8 | €3,997 | €1,535 | -€2,462 | -61.6% |
| Gross operating margin | 9900 | €270,822 | €242,749 | -€28,074 | -10.4% |
| Operating profit (loss) | 9901 | €119,004 | €86,913 | -€32,091 | -27.0% |
| Financial income | 75/76B | €4,431 | €7,686 | +€3,255 | +73.4% |
| Recurring financial income | 75 | €4,431 | €7,686 | +€3,255 | +73.4% |
| Financial charges | 65/66B | €2,716 | €2,760 | +€44 | +1.6% |
| Recurring financial charges | 65 | €2,716 | €2,760 | +€44 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €120,719 | €91,839 | -€28,880 | -23.9% |
| Income taxes | 67/77 | €34,321 | €26,686 | -€7,635 | -22.2% |
| Profit (loss) for the period | 9904 | €86,399 | €65,153 | -€21,246 | -24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €86,399 | €65,153 | -€21,246 | -24.6% |
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 24 October 2026 via checked.be.