ELEKTRON: 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.
ELEKTRON
Largest movements
- Cash +€37,876
up €37,876 (+354.7%), from €10,677 to €48,553
mainly Net result for the year (+€10,405) and Receivables after one year (+€7,800)
- Receivables after one year -€7,800
no longer reported in 2025 (was €7,800)
- Receivables within one year -€7,030
down €7,030 (-24.9%), from €28,267 to €21,237
of which Trade receivables: -€5,884
- Stocks and contracts -€2,808
down €2,808 (-27.0%), from €10,403 to €7,595
- Tangible fixed assets -€2,240
down €2,240 (-30.4%), from €7,370 to €5,130
of which Land and buildings: -€2,235
- Reserves +€8,739
up €8,739 (+23.5%), from €37,202 to €45,940
of which Distributable reserves: +€8,739
- Trade debts +€6,012
up €6,012 (+321.9%), from €1,868 to €7,880
- Other debts +€1,666
new in 2025: €1,666
- Accrued charges and deferred income +€1,282
up €1,282 (+147.7%), from €868 to €2,150
- Gross operating margin +€6,102
up €6,102 (+33.4%), from €18,267 to €24,369
- Taxes +€2,363
up €2,363 (+63.7%), from €3,711 to €6,074
- Financial charges +€795
up €795 (+34.2%), from €2,321 to €3,116
- Other operating charges -€322
down €322 (-35.0%), from €920 to €598
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 | €70,583 | €88,373 | +€17,790 | +25.2% |
| Fixed assets | 21/28 | €7,370 | €5,130 | -€2,240 | -30.4% |
| Tangible fixed assets | 22/27 | €7,370 | €5,130 | -€2,240 | -30.4% |
| Land and buildings | 22 | €5,256 | €3,021 | -€2,235 | -42.5% |
| Plant, machinery and equipment | 23 | €2,115 | €2,109 | -€5 | -0.2% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €63,213 | €83,243 | +€20,030 | +31.7% |
| Amounts receivable after more than one year | 29 | €7,800 | - | -€7,800 | |
| Trade receivables | 290 | €7,800 | - | -€7,800 | |
| Stocks and contracts in progress | 3 | €10,403 | €7,595 | -€2,808 | -27.0% |
| Stocks | 30/36 | €10,403 | €7,595 | -€2,808 | -27.0% |
| Amounts receivable within one year | 40/41 | €28,267 | €21,237 | -€7,030 | -24.9% |
| Trade receivables | 40 | €11,164 | €5,280 | -€5,884 | -52.7% |
| Other amounts receivable | 41 | €17,103 | €15,957 | -€1,146 | -6.7% |
| Cash at bank and in hand | 54/58 | €10,677 | €48,553 | +€37,876 | +354.7% |
| Deferred charges and accrued income | 490/1 | €6,065 | €5,858 | -€207 | -3.4% |
| Total equity and liabilities | 10/49 | €70,583 | €88,373 | +€17,790 | +25.2% |
| Equity | 10/15 | €65,709 | €74,448 | +€8,739 | +13.3% |
| Contributions | 10/11 | €28,508 | €28,508 | = | 0.0% |
| Reserves | 13 | €37,202 | €45,940 | +€8,739 | +23.5% |
| Tax-exempt reserves | 132 | €525 | €525 | = | 0.0% |
| Distributable reserves | 133 | €36,677 | €45,415 | +€8,739 | +23.8% |
| Amounts payable | 17/49 | €4,874 | €13,925 | +€9,051 | +185.7% |
| Amounts payable within one year | 42/48 | €4,005 | €11,775 | +€7,769 | +194.0% |
| Trade debts | 44 | €1,868 | €7,880 | +€6,012 | +321.9% |
| Suppliers | 440/4 | €1,868 | €7,880 | +€6,012 | +321.9% |
| Advances received on contracts in progress | 46 | - | €91 | +€91 | |
| Taxes, remuneration and social security | 45 | €2,137 | €2,137 | = | 0.0% |
| Taxes | 450/3 | €2,137 | €2,137 | = | 0.0% |
| Other amounts payable | 47/48 | - | €1,666 | +€1,666 | |
| Accrued charges and deferred income | 492/3 | €868 | €2,150 | +€1,282 | +147.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,563 | €3,575 | +€12 | +0.3% |
| Other operating charges | 640/8 | €920 | €598 | -€322 | -35.0% |
| Non-recurring operating charges | 66A | - | €735 | +€735 | |
| Gross operating margin | 9900 | €18,267 | €24,369 | +€6,102 | +33.4% |
| Operating profit (loss) | 9901 | €13,784 | €19,461 | +€5,677 | +41.2% |
| Financial income | 75/76B | €0 | €134 | +€134 | +43174.2% |
| Recurring financial income | 75 | €0 | €134 | +€134 | +43174.2% |
| Financial charges | 65/66B | €2,321 | €3,116 | +€795 | +34.2% |
| Recurring financial charges | 65 | €2,321 | €3,116 | +€795 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | €11,463 | €16,479 | +€5,016 | +43.8% |
| Income taxes | 67/77 | €3,711 | €6,074 | +€2,363 | +63.7% |
| Profit (loss) for the period | 9904 | €7,752 | €10,405 | +€2,653 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,752 | €10,405 | +€2,653 | +34.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.