ELEKTRO THYS: 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 THYS
Largest movements
- Tangible fixed assets +€288,625
up €288,625 (+1,212%), from €23,811 to €312,436
of which Land and buildings: +€267,082
- Cash +€113,762
up €113,762 (+96.6%), from €117,795 to €231,557
mainly Debts after one year (+€228,649) and Net result for the year (+€83,480)
- Receivables within one year -€16,913
down €16,913 (-70.4%), from €24,025 to €7,112
of which Trade receivables: -€18,779
- Deferred charges and accrued income +€5,958
up €5,958 (+5,619%), from €106 to €6,064
- Debts after one year +€228,649
new in 2025: €228,649
- Reserves +€83,480
up €83,480 (+67.6%), from €123,534 to €207,014
- Trade debts +€49,093
up €49,093 (+174%), from €28,236 to €77,329
- Tax, wage and social debts +€21,489
up €21,489 (+397%), from €5,409 to €26,898
- Current portion of long-term debt +€12,981
new in 2025: €12,981
- Gross operating margin +€72,334
up €72,334 (+116%), from €62,595 to €134,929
- Financial charges +€10,112
up €10,112, from -€189 to €9,922
- Depreciation +€9,328
up €9,328 (+131%), from €7,099 to €16,427
- Taxes +€8,840
up €8,840 (+57.3%), from €15,425 to €24,266
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 | €165,738 | €557,169 | +€391,431 | +236% |
| Fixed assets | 21/28 | €23,811 | €312,436 | +€288,625 | +1,212% |
| Tangible fixed assets | 22/27 | €23,811 | €312,436 | +€288,625 | +1,212% |
| Land and buildings | 22 | - | €267,082 | +€267,082 | |
| Plant, machinery and equipment | 23 | €21,438 | €23,148 | +€1,711 | +8.0% |
| Furniture and vehicles | 24 | €2,374 | €22,206 | +€19,832 | +836% |
| Current assets | 29/58 | €141,927 | €244,733 | +€102,806 | +72.4% |
| Amounts receivable within one year | 40/41 | €24,025 | €7,112 | -€16,913 | -70.4% |
| Trade receivables | 40 | €24,025 | €5,246 | -€18,779 | -78.2% |
| Other amounts receivable | 41 | - | €1,866 | +€1,866 | |
| Cash at bank and in hand | 54/58 | €117,795 | €231,557 | +€113,762 | +96.6% |
| Deferred charges and accrued income | 490/1 | €106 | €6,064 | +€5,958 | +5,619% |
| Total equity and liabilities | 10/49 | €165,738 | €557,169 | +€391,431 | +236% |
| Equity | 10/15 | €126,534 | €210,014 | +€83,480 | +66.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €123,534 | €207,014 | +€83,480 | +67.6% |
| Distributable reserves | 133 | €123,534 | €207,014 | +€83,480 | +67.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €39,204 | €347,155 | +€307,951 | +786% |
| Amounts payable after more than one year | 17 | - | €228,649 | +€228,649 | |
| Financial debts | 170/4 | - | €228,649 | +€228,649 | |
| Amounts payable within one year | 42/48 | €34,968 | €117,207 | +€82,240 | +235% |
| Current portion of amounts payable after more than one year | 42 | - | €12,981 | +€12,981 | |
| Trade debts | 44 | €28,236 | €77,329 | +€49,093 | +174% |
| Suppliers | 440/4 | €28,236 | €77,329 | +€49,093 | +174% |
| Taxes, remuneration and social security | 45 | €5,409 | €26,898 | +€21,489 | +397% |
| Taxes | 450/3 | €5,409 | €26,898 | +€21,489 | +397% |
| Other amounts payable | 47/48 | €1,323 | €0 | -€1,323 | -100% |
| Accrued charges and deferred income | 492/3 | €4,236 | €1,299 | -€2,937 | -69.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,099 | €16,427 | +€9,328 | +131% |
| Other operating charges | 640/8 | €1,128 | €976 | -€152 | -13.5% |
| Gross operating margin | 9900 | €62,595 | €134,929 | +€72,334 | +116% |
| Operating profit (loss) | 9901 | €54,368 | €117,526 | +€63,158 | +116% |
| Financial income | 75/76B | €465 | €142 | -€323 | -69.5% |
| Recurring financial income | 75 | €465 | €142 | -€323 | -69.5% |
| Financial charges | 65/66B | -€189 | €9,922 | +€10,112 | |
| Recurring financial charges | 65 | -€189 | €9,922 | +€10,112 | |
| Profit (loss) for the period before taxes | 9903 | €55,023 | €107,746 | +€52,723 | +95.8% |
| Income taxes | 67/77 | €15,425 | €24,266 | +€8,840 | +57.3% |
| Profit (loss) for the period | 9904 | €39,598 | €83,480 | +€43,883 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €39,598 | €83,480 | +€43,883 | +111% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.