ELEKTROLINE: 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.
ELEKTROLINE
Largest movements
- Cash -€46,266
down €46,266 (-48.8%), from €94,888 to €48,622
mainly Net result for the year (-€56,200) and Contributions, distributions and other (-€21,161)
- Tangible fixed assets -€31,799
down €31,799 (-64.7%), from €49,177 to €17,378
of which Furniture and vehicles: -€31,799
- Receivables within one year +€5,692
up €5,692 (+13.7%), from €41,400 to €47,092
of which Other amounts receivable: +€15,498
- Stocks and contracts -€2,180
down €2,180 (-16.1%), from €13,543 to €11,362
- Profit (loss) carried forward -€56,200
down €56,200, from €17,252 to -€38,948
- Reserves -€21,161
down €21,161 (-17.0%), from €124,310 to €103,149
- Trade debts +€6,556
up €6,556 (+192%), from €3,421 to €9,977
- Debts after one year -€4,993
down €4,993 (-100%), from €4,993 to €0
- Tax, wage and social debts +€4,208
up €4,208 (+466%), from €904 to €5,112
of which Remuneration and social security: +€4,152
- Gross operating margin -€74,062
down €74,062, from €53,192 to -€20,871
- Depreciation +€2,691
up €2,691 (+8.3%), from €32,317 to €35,009
- Taxes -€1,800
down €1,800 (-81.9%), from €2,198 to €399
- Other operating charges -€559
down €559 (-34.7%), from €1,612 to €1,053
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 | €199,147 | €124,619 | -€74,528 | -37.4% |
| Fixed assets | 21/28 | €49,177 | €17,378 | -€31,799 | -64.7% |
| Tangible fixed assets | 22/27 | €49,177 | €17,378 | -€31,799 | -64.7% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €49,177 | €17,378 | -€31,799 | -64.7% |
| Current assets | 29/58 | €149,970 | €107,241 | -€42,728 | -28.5% |
| Stocks and contracts in progress | 3 | €13,543 | €11,362 | -€2,180 | -16.1% |
| Stocks | 30/36 | €13,543 | €11,362 | -€2,180 | -16.1% |
| Amounts receivable within one year | 40/41 | €41,400 | €47,092 | +€5,692 | +13.7% |
| Trade receivables | 40 | €17,210 | €7,404 | -€9,807 | -57.0% |
| Other amounts receivable | 41 | €24,190 | €39,688 | +€15,498 | +64.1% |
| Cash at bank and in hand | 54/58 | €94,888 | €48,622 | -€46,266 | -48.8% |
| Deferred charges and accrued income | 490/1 | €139 | €165 | +€26 | +18.8% |
| Total equity and liabilities | 10/49 | €199,147 | €124,619 | -€74,528 | -37.4% |
| Equity | 10/15 | €160,162 | €82,801 | -€77,361 | -48.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €124,310 | €103,149 | -€21,161 | -17.0% |
| Distributable reserves | 133 | €124,310 | €103,149 | -€21,161 | -17.0% |
| Profit (loss) carried forward | 14 | €17,252 | -€38,948 | -€56,200 | |
| Amounts payable | 17/49 | €38,985 | €41,818 | +€2,833 | +7.3% |
| Amounts payable after more than one year | 17 | €4,993 | €0 | -€4,993 | -100% |
| Financial debts | 170/4 | €4,993 | €0 | -€4,993 | -100% |
| Amounts payable within one year | 42/48 | €33,877 | €41,598 | +€7,720 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €6,467 | €4,993 | -€1,474 | -22.8% |
| Trade debts | 44 | €3,421 | €9,977 | +€6,556 | +192% |
| Suppliers | 440/4 | €3,421 | €9,977 | +€6,556 | +192% |
| Advances received on contracts in progress | 46 | €0 | €356 | +€356 | |
| Taxes, remuneration and social security | 45 | €904 | €5,112 | +€4,208 | +466% |
| Taxes | 450/3 | €904 | €959 | +€56 | +6.2% |
| Remuneration and social security | 454/9 | €0 | €4,152 | +€4,152 | |
| Other amounts payable | 47/48 | €23,086 | €21,161 | -€1,925 | -8.3% |
| Accrued charges and deferred income | 492/3 | €115 | €220 | +€105 | +91.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,317 | €35,009 | +€2,691 | +8.3% |
| Other operating charges | 640/8 | €1,612 | €1,053 | -€559 | -34.7% |
| Gross operating margin | 9900 | €53,192 | -€20,871 | -€74,062 | |
| Operating profit (loss) | 9901 | €19,262 | -€56,933 | -€76,195 | |
| Financial income | 75/76B | €1,786 | €1,725 | -€61 | -3.4% |
| Recurring financial income | 75 | €1,786 | €1,725 | -€61 | -3.4% |
| Financial charges | 65/66B | €1,047 | €594 | -€453 | -43.3% |
| Recurring financial charges | 65 | €1,047 | €594 | -€453 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | €20,001 | -€55,802 | -€75,803 | |
| Income taxes | 67/77 | €2,198 | €399 | -€1,800 | -81.9% |
| Profit (loss) for the period | 9904 | €17,803 | -€56,200 | -€74,003 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,803 | -€56,200 | -€74,003 |
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 14 October 2026 via checked.be.