ELEKTROMIC: what changed
Two fiscal 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.
What changed
ELEKTROMIC
NACE 47.400, Retail sale of information and communication equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€10,006
2024 · -€887,258+€897,264
Equity
€220,860
2024 · €210,854+€10,006
Cash
€144,203
2024 · €283,046-€138,843
Balance sheet total
€4.8m
2024 · €5.6m-€852,295
Largest movements
Assets
- Stocks and contracts -€403,777
down €403,777 (-11.4%), from €3.5m to €3.1m
- Receivables within one year -€259,426
down €259,426 (-22.4%), from €1.2m to €897,765
of which Trade receivables: -€213,226
- Cash -€138,843
down €138,843 (-49.1%), from €283,046 to €144,203
mainly Trade debts (-€292,694) and Debts after one year (-€219,101)
Equity and liabilities
- Trade debts -€292,694
down €292,694 (-44.3%), from €661,130 to €368,437
- Debts after one year -€219,101
down €219,101 (-46.2%), from €474,704 to €255,603
- Tax, wage and social debts -€157,453
down €157,453 (-31.8%), from €495,175 to €337,722
of which Remuneration and social security: -€117,531
- Short-term financial debts -€88,378
down €88,378 (-3.1%), from €2.9m to €2.8m
Income statement
- Staff costs -€445,822
down €445,822 (-22.3%), from €2.0m to €1.6m
- Gross operating margin +€380,928
up €380,928 (+25.9%), from €1.5m to €1.9m
- Depreciation -€50,270
down €50,270 (-38.4%), from €130,959 to €80,688
- Financial charges -€32,228
down €32,228 (-12.4%), from €259,536 to €227,308
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.
Result 2024
-€887,258
Gross operating margin
+€380,928
Staff costs
+€445,822
Depreciation
+€50,270
Write-downs
-€270
Other operating charges
-€4,783
Financial income
-€7,444
Financial charges
+€32,228
Taxes
+€512
Result 2025
€10,006
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.
From operations
+€257,534
Investment
-€34,570
Financing
-€361,808
Cash 2024
€283,046
From operations (derived)
+€257,534
Net result for the year
+€10,006
Depreciation
+€80,688
Stocks and contracts
+€403,777
Receivables within one year
+€259,426
Deferred charges and accrued income
+€4,130
Trade debts
-€292,694
Tax, wage and social debts
-€157,453
Advances received
-€47,792
Other debts
-€35,775
Accrued charges and deferred income
+€33,220
Investment (derived)
-€34,570
Investment in fixed assets (net)
-€34,570
Financing
-€361,808
Debts after one year
-€219,101
Current portion of long-term debt
-€54,328
Short-term financial debts
-€88,378
Cash 2025
€144,203
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,614,039 | €4,761,744 | -€852,295 | -15.2% |
| Fixed assets | 21/28 | €610,542 | €564,423 | -€46,119 | -7.6% |
| Intangible fixed assets | 21 | €24,825 | €15,866 | -€8,959 | -36.1% |
| Tangible fixed assets | 22/27 | €585,716 | €548,556 | -€37,160 | -6.3% |
| Land and buildings | 22 | €436,922 | €388,784 | -€48,138 | -11.0% |
| Plant, machinery and equipment | 23 | €20,761 | €27,062 | +€6,301 | +30.3% |
| Furniture and vehicles | 24 | €18,654 | €23,332 | +€4,678 | +25.1% |
| Other tangible fixed assets | 26 | €109,378 | €109,378 | = | 0.0% |
| Current assets | 29/58 | €5,003,498 | €4,197,321 | -€806,177 | -16.1% |
| Stocks and contracts in progress | 3 | €3,544,008 | €3,140,231 | -€403,777 | -11.4% |
| Stocks | 30/36 | €3,544,008 | €3,140,231 | -€403,777 | -11.4% |
| Amounts receivable within one year | 40/41 | €1,157,191 | €897,765 | -€259,426 | -22.4% |
| Trade receivables | 40 | €678,099 | €464,873 | -€213,226 | -31.4% |
| Other amounts receivable | 41 | €479,092 | €432,892 | -€46,200 | -9.6% |
| Cash at bank and in hand | 54/58 | €283,046 | €144,203 | -€138,843 | -49.1% |
| Deferred charges and accrued income | 490/1 | €19,253 | €15,123 | -€4,130 | -21.5% |
| Total equity and liabilities | 10/49 | €5,614,039 | €4,761,744 | -€852,295 | -15.2% |
| Equity | 10/15 | €210,854 | €220,860 | +€10,006 | +4.7% |
| Contributions | 10/11 | €80,600 | €80,600 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €130,254 | €140,260 | +€10,006 | +7.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €35,246 | €35,246 | = | 0.0% |
| Distributable reserves | 133 | €88,808 | €98,814 | +€10,006 | +11.3% |
| Amounts payable | 17/49 | €5,403,185 | €4,540,884 | -€862,301 | -16.0% |
| Amounts payable after more than one year | 17 | €474,704 | €255,603 | -€219,101 | -46.2% |
| Financial debts | 170/4 | €474,704 | €255,603 | -€219,101 | -46.2% |
| Amounts payable within one year | 42/48 | €4,906,601 | €4,230,181 | -€676,420 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €187,252 | €132,924 | -€54,328 | -29.0% |
| Financial debts | 43 | €2,852,724 | €2,764,345 | -€88,378 | -3.1% |
| Credit institutions | 430/8 | €2,852,724 | €2,764,345 | -€88,378 | -3.1% |
| Trade debts | 44 | €661,130 | €368,437 | -€292,694 | -44.3% |
| Suppliers | 440/4 | €661,130 | €368,437 | -€292,694 | -44.3% |
| Advances received on contracts in progress | 46 | €78,439 | €30,648 | -€47,792 | -60.9% |
| Taxes, remuneration and social security | 45 | €495,175 | €337,722 | -€157,453 | -31.8% |
| Taxes | 450/3 | €134,175 | €94,252 | -€39,922 | -29.8% |
| Remuneration and social security | 454/9 | €361,000 | €243,470 | -€117,531 | -32.6% |
| Other amounts payable | 47/48 | €631,881 | €596,106 | -€35,775 | -5.7% |
| Accrued charges and deferred income | 492/3 | €21,880 | €55,100 | +€33,220 | +151.8% |
| Non-recurring operating income | 76A | €1,213 | €4,154 | +€2,940 | +242.4% |
| Remuneration, social security and pensions | 62 | €2,000,890 | €1,555,067 | -€445,822 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,959 | €80,688 | -€50,270 | -38.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,768 | -€1,498 | +€270 | +15.3% |
| Other operating charges | 640/8 | €33,869 | €38,652 | +€4,783 | +14.1% |
| Gross operating margin | 9900 | €1,470,512 | €1,851,440 | +€380,928 | +25.9% |
| Operating profit (loss) | 9901 | -€693,438 | €178,531 | +€871,968 | |
| Financial income | 75/76B | €67,754 | €60,309 | -€7,444 | -11.0% |
| Recurring financial income | 75 | €67,754 | €60,309 | -€7,444 | -11.0% |
| Financial charges | 65/66B | €259,536 | €227,308 | -€32,228 | -12.4% |
| Recurring financial charges | 65 | €259,536 | €227,308 | -€32,228 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | -€885,220 | €11,532 | +€896,752 | |
| Income taxes | 67/77 | €2,038 | €1,526 | -€512 | -25.1% |
| Profit (loss) for the period | 9904 | -€887,258 | €10,006 | +€897,264 | |
| Profit (loss) for the period to be appropriated | 9905 | -€887,258 | €10,006 | +€897,264 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.