Elektro4u: 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.
Elektro4u
Largest movements
- Receivables within one year +€48,621
up €48,621 (+69.4%), from €70,062 to €118,683
of which Other amounts receivable: +€49,234
- Tangible fixed assets -€5,061
down €5,061 (-36.7%), from €13,795 to €8,735
of which Leasing and similar rights: -€4,273
- Stocks and contracts -€3,843
down €3,843 (-100%), from €3,843 to €0
of which Contracts in progress: -€3,843
- Cash +€2,165
up €2,165 (+96.5%), from €2,244 to €4,409
mainly Net result for the year (+€47,936) and Tax, wage and social debts (+€8,342)
- Reserves +€47,936
up €47,936 (+87.7%), from €54,667 to €102,603
- Trade debts -€8,756
down €8,756 (-91.6%), from €9,556 to €801
- Tax, wage and social debts +€8,342
up €8,342 (+51.9%), from €16,079 to €24,421
- Current portion of long-term debt -€4,138
down €4,138 (-73.4%), from €5,641 to €1,502
- Debts after one year -€1,502
down €1,502 (-100%), from €1,502 to €0
- Gross operating margin +€13,287
up €13,287 (+27.9%), from €47,625 to €60,912
- Financial income +€2,556
up €2,556 (+104%), from €2,452 to €5,008
- Financial charges -€2,010
down €2,010 (-80.8%), from €2,489 to €479
- Other operating charges -€922
down €922 (-88.5%), from €1,042 to €120
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 | €89,945 | €131,826 | +€41,882 | +46.6% |
| Fixed assets | 21/28 | €13,795 | €8,735 | -€5,061 | -36.7% |
| Tangible fixed assets | 22/27 | €13,795 | €8,735 | -€5,061 | -36.7% |
| Plant, machinery and equipment | 23 | €2,077 | €665 | -€1,412 | -68.0% |
| Furniture and vehicles | 24 | - | €625 | +€625 | |
| Leasing and similar rights | 25 | €11,718 | €7,445 | -€4,273 | -36.5% |
| Current assets | 29/58 | €76,149 | €123,092 | +€46,942 | +61.6% |
| Stocks and contracts in progress | 3 | €3,843 | €0 | -€3,843 | -100% |
| Stocks | 30/36 | - | €0 | = | |
| Contracts in progress | 37 | €3,843 | - | -€3,843 | |
| Amounts receivable within one year | 40/41 | €70,062 | €118,683 | +€48,621 | +69.4% |
| Trade receivables | 40 | €2,035 | €1,422 | -€613 | -30.1% |
| Other amounts receivable | 41 | €68,027 | €117,261 | +€49,234 | +72.4% |
| Cash at bank and in hand | 54/58 | €2,244 | €4,409 | +€2,165 | +96.5% |
| Total equity and liabilities | 10/49 | €89,945 | €131,826 | +€41,882 | +46.6% |
| Equity | 10/15 | €57,167 | €105,103 | +€47,936 | +83.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €54,667 | €102,603 | +€47,936 | +87.7% |
| Distributable reserves | 133 | €54,667 | €102,603 | +€47,936 | +87.7% |
| Amounts payable | 17/49 | €32,778 | €26,724 | -€6,054 | -18.5% |
| Amounts payable after more than one year | 17 | €1,502 | €0 | -€1,502 | -100% |
| Financial debts | 170/4 | €1,502 | €0 | -€1,502 | -100% |
| Amounts payable within one year | 42/48 | €31,276 | €26,724 | -€4,552 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €5,641 | €1,502 | -€4,138 | -73.4% |
| Trade debts | 44 | €9,556 | €801 | -€8,756 | -91.6% |
| Suppliers | 440/4 | €9,556 | €801 | -€8,756 | -91.6% |
| Taxes, remuneration and social security | 45 | €16,079 | €24,421 | +€8,342 | +51.9% |
| Taxes | 450/3 | €16,079 | €24,421 | +€8,342 | +51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,559 | €5,061 | +€502 | +11.0% |
| Other operating charges | 640/8 | €1,042 | €120 | -€922 | -88.5% |
| Gross operating margin | 9900 | €47,625 | €60,912 | +€13,287 | +27.9% |
| Operating profit (loss) | 9901 | €42,024 | €55,731 | +€13,707 | +32.6% |
| Financial income | 75/76B | €2,452 | €5,008 | +€2,556 | +104% |
| Recurring financial income | 75 | €2,452 | €5,008 | +€2,556 | +104% |
| Financial charges | 65/66B | €2,489 | €479 | -€2,010 | -80.8% |
| Recurring financial charges | 65 | €2,489 | €479 | -€2,010 | -80.8% |
| Profit (loss) for the period before taxes | 9903 | €41,986 | €60,260 | +€18,274 | +43.5% |
| Income taxes | 67/77 | €12,082 | €12,324 | +€242 | +2.0% |
| Profit (loss) for the period | 9904 | €29,904 | €47,936 | +€18,032 | +60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,904 | €47,936 | +€18,032 | +60.3% |
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 21 October 2026 via checked.be.