ELEKTROPLAN: 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.
ELEKTROPLAN
Largest movements
- Receivables within one year -€421,880
down €421,880 (-47.5%), from €887,317 to €465,437
of which Trade receivables: -€399,692
- Cash +€402,612
up €402,612 (+210.2%), from €191,510 to €594,122
mainly Receivables within one year (+€421,880) and Net result for the year (+€209,163)
- Stocks and contracts +€154,695
up €154,695 (+159.3%), from €97,108 to €251,802
of which Contracts in progress: +€97,844
- Tangible fixed assets -€26,886
down €26,886 (-4.2%), from €645,343 to €618,456
of which Land and buildings: -€38,454
- Trade debts +€80,282
up €80,282 (+32.3%), from €248,516 to €328,797
- Other debts +€43,110
up €43,110 (+24.5%), from €176,140 to €219,250
- Gross operating margin +€107,408
up €107,408 (+13.5%), from €798,266 to €905,675
- Staff costs +€36,814
up €36,814 (+7.3%), from €505,656 to €542,470
- Taxes +€18,176
up €18,176 (+32.3%), from €56,187 to €74,363
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 | €1,827,383 | €1,934,843 | +€107,460 | +5.9% |
| Fixed assets | 21/28 | €645,343 | €618,456 | -€26,886 | -4.2% |
| Tangible fixed assets | 22/27 | €645,343 | €618,456 | -€26,886 | -4.2% |
| Land and buildings | 22 | €578,287 | €539,833 | -€38,454 | -6.6% |
| Plant, machinery and equipment | 23 | €14,863 | €12,851 | -€2,013 | -13.5% |
| Furniture and vehicles | 24 | €27,989 | €22,282 | -€5,707 | -20.4% |
| Leasing and similar rights | 25 | €24,203 | €43,490 | +€19,287 | +79.7% |
| Current assets | 29/58 | €1,182,041 | €1,316,387 | +€134,346 | +11.4% |
| Stocks and contracts in progress | 3 | €97,108 | €251,802 | +€154,695 | +159.3% |
| Stocks | 30/36 | €63,952 | €120,802 | +€56,851 | +88.9% |
| Contracts in progress | 37 | €33,156 | €131,000 | +€97,844 | +295.1% |
| Amounts receivable within one year | 40/41 | €887,317 | €465,437 | -€421,880 | -47.5% |
| Trade receivables | 40 | €825,727 | €426,035 | -€399,692 | -48.4% |
| Other amounts receivable | 41 | €61,590 | €39,401 | -€22,189 | -36.0% |
| Cash at bank and in hand | 54/58 | €191,510 | €594,122 | +€402,612 | +210.2% |
| Deferred charges and accrued income | 490/1 | €6,106 | €5,026 | -€1,080 | -17.7% |
| Total equity and liabilities | 10/49 | €1,827,383 | €1,934,843 | +€107,460 | +5.9% |
| Equity | 10/15 | €1,103,393 | €1,093,305 | -€10,088 | -0.9% |
| Contributions | 10/11 | €86,763 | €86,763 | = | 0.0% |
| Capital | 10 | €86,763 | €86,763 | = | 0.0% |
| Issued capital | 100 | €86,763 | €86,763 | = | 0.0% |
| Reserves | 13 | €1,016,630 | €1,006,543 | -€10,088 | -1.0% |
| Non-distributable reserves | 130/1 | €8,676 | €8,676 | = | 0.0% |
| Legal reserve | 130 | €8,676 | €8,676 | = | 0.0% |
| Tax-exempt reserves | 132 | €131,937 | €121,837 | -€10,100 | -7.7% |
| Distributable reserves | 133 | €876,017 | €876,029 | +€13 | 0.0% |
| Provisions and deferred taxes | 16 | €43,979 | €40,612 | -€3,367 | -7.7% |
| Deferred taxes | 168 | €43,979 | €40,612 | -€3,367 | -7.7% |
| Amounts payable | 17/49 | €680,012 | €800,925 | +€120,914 | +17.8% |
| Amounts payable after more than one year | 17 | €181,167 | €177,692 | -€3,475 | -1.9% |
| Financial debts | 170/4 | €181,167 | €177,692 | -€3,475 | -1.9% |
| Amounts payable within one year | 42/48 | €498,845 | €623,234 | +€124,389 | +24.9% |
| Current portion of amounts payable after more than one year | 42 | €34,517 | €40,001 | +€5,485 | +15.9% |
| Trade debts | 44 | €248,516 | €328,797 | +€80,282 | +32.3% |
| Suppliers | 440/4 | €248,516 | €328,797 | +€80,282 | +32.3% |
| Taxes, remuneration and social security | 45 | €39,672 | €35,185 | -€4,487 | -11.3% |
| Taxes | 450/3 | €6,187 | - | -€6,187 | |
| Remuneration and social security | 454/9 | €33,485 | €35,185 | +€1,700 | +5.1% |
| Other amounts payable | 47/48 | €176,140 | €219,250 | +€43,110 | +24.5% |
| Non-recurring operating income | 76A | €92,704 | €2,873 | -€89,831 | -96.9% |
| Remuneration, social security and pensions | 62 | €505,656 | €542,470 | +€36,814 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,938 | €59,450 | +€4,512 | +8.2% |
| Other operating charges | 640/8 | €4,081 | €3,901 | -€180 | -4.4% |
| Gross operating margin | 9900 | €798,266 | €905,675 | +€107,408 | +13.5% |
| Operating profit (loss) | 9901 | €233,591 | €299,853 | +€66,262 | +28.4% |
| Financial income | 75/76B | €3 | €0 | -€3 | -98.5% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -98.5% |
| Financial charges | 65/66B | €17,293 | €19,694 | +€2,401 | +13.9% |
| Recurring financial charges | 65 | €17,293 | €19,694 | +€2,401 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | €216,300 | €280,159 | +€63,858 | +29.5% |
| Transfer from deferred taxes | 780 | €3,367 | €3,367 | = | 0.0% |
| Income taxes | 67/77 | €56,187 | €74,363 | +€18,176 | +32.3% |
| Profit (loss) for the period | 9904 | €163,480 | €209,163 | +€45,683 | +27.9% |
| Transfer from tax-exempt reserves | 789 | €10,100 | €10,100 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €173,580 | €219,263 | +€45,683 | +26.3% |
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 6 October 2026 via checked.be.