Elektro World: 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 World
Largest movements
- Stocks and contracts +€4,700
up €4,700 (+68.1%), from €6,904 to €11,604
- Receivables within one year -€3,316
down €3,316 (-99.9%), from €3,320 to €4
of which Trade receivables: -€3,303
- Cash -€2,686
down €2,686 (-34.9%), from €7,699 to €5,013
mainly Trade debts (-€6,582) and Stocks and contracts (-€4,700)
- Trade debts -€6,582
down €6,582 (-21.3%), from €30,953 to €24,371
- Profit (loss) carried forward +€2,582
up €2,582 (+9.6%), from -€26,807 to -€24,224
- Other debts +€1,849
up €1,849 (+20.0%), from €9,230 to €11,079
- Tax, wage and social debts +€848
up €848 (+106%), from €798 to €1,646
- Gross operating margin +€18,447
up €18,447, from -€14,736 to €3,711
- Other operating charges +€822
up €822 (+596%), from €138 to €960
- Purchases and services +€506
up €506 (+1.9%), from €26,249 to €26,754
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.
Derived cash bridge
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 | €19,173 | €17,872 | -€1,302 | -6.8% |
| Formation expenses | 20 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €17,923 | €16,622 | -€1,302 | -7.3% |
| Stocks and contracts in progress | 3 | €6,904 | €11,604 | +€4,700 | +68.1% |
| Stocks | 30/36 | €6,904 | €11,604 | +€4,700 | +68.1% |
| Amounts receivable within one year | 40/41 | €3,320 | €4 | -€3,316 | -99.9% |
| Trade receivables | 40 | €3,303 | - | -€3,303 | |
| Other amounts receivable | 41 | €17 | €4 | -€13 | -75.1% |
| Cash at bank and in hand | 54/58 | €7,699 | €5,013 | -€2,686 | -34.9% |
| Total equity and liabilities | 10/49 | €19,173 | €17,872 | -€1,302 | -6.8% |
| Equity | 10/15 | -€21,807 | -€19,224 | +€2,582 | +11.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,807 | -€24,224 | +€2,582 | +9.6% |
| Amounts payable | 17/49 | €40,980 | €37,096 | -€3,884 | -9.5% |
| Amounts payable within one year | 42/48 | €40,980 | €37,096 | -€3,884 | -9.5% |
| Trade debts | 44 | €30,953 | €24,371 | -€6,582 | -21.3% |
| Suppliers | 440/4 | €30,953 | €24,371 | -€6,582 | -21.3% |
| Taxes, remuneration and social security | 45 | €798 | €1,646 | +€848 | +106% |
| Taxes | 450/3 | €798 | €1,646 | +€848 | +106% |
| Other amounts payable | 47/48 | €9,230 | €11,079 | +€1,849 | +20.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €26,249 | €26,754 | +€506 | +1.9% |
| Other operating charges | 640/8 | €138 | €960 | +€822 | +596% |
| Gross operating margin | 9900 | -€14,736 | €3,711 | +€18,447 | |
| Operating profit (loss) | 9901 | -€14,873 | €2,751 | +€17,625 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €285 | €170 | -€115 | -40.5% |
| Recurring financial charges | 65 | €285 | €170 | -€115 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,158 | €2,582 | +€17,741 | |
| Profit (loss) for the period | 9904 | -€15,158 | €2,582 | +€17,741 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,158 | €2,582 | +€17,741 |
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 16 October 2026 via checked.be.