ELEKTROFLOW: 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.
ELEKTROFLOW
Largest movements
- Tangible fixed assets -€36,066
down €36,066 (-5.8%), from €621,661 to €585,595
- Receivables within one year +€12,951
up €12,951 (+37.6%), from €34,399 to €47,350
of which Trade receivables: +€9,988
- Debts after one year -€50,771
down €50,771 (-10.6%), from €477,728 to €426,957
- Profit (loss) carried forward +€21,097
up €21,097 (+30.7%), from -€68,826 to -€47,729
- Tax, wage and social debts -€13,252
down €13,252 (-99.2%), from €13,357 to €105
- Trade debts +€8,116
up €8,116 (+82.3%), from €9,860 to €17,976
- Other debts +€7,900
up €7,900, from €0 to €7,900
- Other operating charges -€35,321
down €35,321 (-91.8%), from €38,475 to €3,153
- Depreciation -€31,003
down €31,003 (-46.2%), from €67,068 to €36,066
- Gross operating margin +€13,595
up €13,595 (+23.2%), from €58,474 to €72,068
- Taxes -€3,038
down €3,038 (-89.1%), from €3,411 to €373
- Financial charges -€1,653
down €1,653 (-11.4%), from €14,473 to €12,819
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.
Cash bridge derived
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 | €695,587 | €669,863 | -€25,723 | -3.7% |
| Fixed assets | 21/28 | €621,661 | €585,595 | -€36,066 | -5.8% |
| Tangible fixed assets | 22/27 | €621,661 | €585,595 | -€36,066 | -5.8% |
| Land and buildings | 22 | €572,612 | €556,738 | -€15,875 | -2.8% |
| Plant, machinery and equipment | 23 | €83 | €0 | -€83 | -100.0% |
| Furniture and vehicles | 24 | €15,954 | €10,507 | -€5,447 | -34.1% |
| Leasing and similar rights | 25 | €29,315 | €15,029 | -€14,286 | -48.7% |
| Other tangible fixed assets | 26 | €3,697 | €3,321 | -€375 | -10.2% |
| Current assets | 29/58 | €73,926 | €84,268 | +€10,342 | +14.0% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,399 | €47,350 | +€12,951 | +37.6% |
| Trade receivables | 40 | €20,674 | €30,662 | +€9,988 | +48.3% |
| Other amounts receivable | 41 | €13,725 | €16,688 | +€2,963 | +21.6% |
| Cash at bank and in hand | 54/58 | €35,730 | €30,521 | -€5,209 | -14.6% |
| Deferred charges and accrued income | 490/1 | €1,297 | €3,897 | +€2,600 | +200.4% |
| Total equity and liabilities | 10/49 | €695,587 | €669,863 | -€25,723 | -3.7% |
| Equity | 10/15 | €145,058 | €166,154 | +€21,097 | +14.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €211,884 | €211,884 | = | 0.0% |
| Distributable reserves | 133 | €211,884 | €211,884 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,826 | -€47,729 | +€21,097 | +30.7% |
| Amounts payable | 17/49 | €550,529 | €503,709 | -€46,820 | -8.5% |
| Amounts payable after more than one year | 17 | €477,728 | €426,957 | -€50,771 | -10.6% |
| Financial debts | 170/4 | €477,728 | €426,957 | -€50,771 | -10.6% |
| Amounts payable within one year | 42/48 | €72,801 | €76,752 | +€3,951 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €49,585 | €50,771 | +€1,186 | +2.4% |
| Trade debts | 44 | €9,860 | €17,976 | +€8,116 | +82.3% |
| Suppliers | 440/4 | €9,860 | €17,976 | +€8,116 | +82.3% |
| Taxes, remuneration and social security | 45 | €13,357 | €105 | -€13,252 | -99.2% |
| Taxes | 450/3 | €13,357 | €105 | -€13,252 | -99.2% |
| Other amounts payable | 47/48 | €0 | €7,900 | +€7,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,068 | €36,066 | -€31,003 | -46.2% |
| Other operating charges | 640/8 | €38,475 | €3,153 | -€35,321 | -91.8% |
| Non-recurring operating charges | 66A | €3,952 | €0 | -€3,952 | -100.0% |
| Gross operating margin | 9900 | €58,474 | €72,068 | +€13,595 | +23.2% |
| Operating profit (loss) | 9901 | -€51,021 | €32,849 | +€83,870 | |
| Financial income | 75/76B | €78 | €1,440 | +€1,362 | +1735.1% |
| Recurring financial income | 75 | €78 | €1,440 | +€1,362 | +1735.1% |
| Financial charges | 65/66B | €14,473 | €12,819 | -€1,653 | -11.4% |
| Recurring financial charges | 65 | €14,473 | €12,819 | -€1,653 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | -€65,415 | €21,470 | +€86,885 | |
| Income taxes | 67/77 | €3,411 | €373 | -€3,038 | -89.1% |
| Profit (loss) for the period | 9904 | -€68,826 | €21,097 | +€89,923 | |
| Profit (loss) for the period to be appropriated | 9905 | -€68,826 | €21,097 | +€89,923 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.