Elektroteq: 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.
Elektroteq
Largest movements
- Receivables within one year +€24,903
up €24,903 (+429%), from €5,808 to €30,711
- Cash +€12,024
up €12,024 (+3,120%), from €385 to €12,409
mainly Net result for the year (+€21,156) and Other debts (+€6,831)
- Deferred charges and accrued income -€1,041
down €1,041 (-57.1%), from €1,822 to €781
- Tangible fixed assets -€671
down €671 (-43.9%), from €1,531 to €859
- Profit (loss) carried forward +€21,156
up €21,156 (+57.4%), from -€36,871 to -€15,714
- Other debts +€6,831
up €6,831 (+22.2%), from €30,758 to €37,589
- Tax, wage and social debts +€4,382
up €4,382 (+203%), from €2,159 to €6,541
- Trade debts +€2,344
up €2,344 (+208%), from €1,128 to €3,471
- Accrued charges and deferred income +€501
up €501 (+61.5%), from €816 to €1,317
- Gross operating margin +€46,713
up €46,713, from -€22,782 to €23,930
- Other operating charges +€700
up €700 (+82.5%), from €848 to €1,547
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 | €10,546 | €45,761 | +€35,215 | +334% |
| Fixed assets | 21/28 | €1,531 | €859 | -€671 | -43.9% |
| Tangible fixed assets | 22/27 | €1,531 | €859 | -€671 | -43.9% |
| Furniture and vehicles | 24 | €1,531 | €859 | -€671 | -43.9% |
| Current assets | 29/58 | €9,015 | €44,901 | +€35,886 | +398% |
| Amounts receivable within one year | 40/41 | €5,808 | €30,711 | +€24,903 | +429% |
| Trade receivables | 40 | €5,808 | €30,711 | +€24,903 | +429% |
| Current investments | 50/53 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €385 | €12,409 | +€12,024 | +3,120% |
| Deferred charges and accrued income | 490/1 | €1,822 | €781 | -€1,041 | -57.1% |
| Total equity and liabilities | 10/49 | €10,546 | €45,761 | +€35,215 | +334% |
| Equity | 10/15 | -€24,314 | -€3,158 | +€21,156 | +87.0% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €4,556 | €4,556 | = | 0.0% |
| Distributable reserves | 133 | €4,556 | €4,556 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,871 | -€15,714 | +€21,156 | +57.4% |
| Amounts payable | 17/49 | €34,860 | €48,919 | +€14,058 | +40.3% |
| Amounts payable within one year | 42/48 | €34,045 | €47,602 | +€13,557 | +39.8% |
| Trade debts | 44 | €1,128 | €3,471 | +€2,344 | +208% |
| Suppliers | 440/4 | €1,128 | €3,471 | +€2,344 | +208% |
| Taxes, remuneration and social security | 45 | €2,159 | €6,541 | +€4,382 | +203% |
| Taxes | 450/3 | €2,159 | €6,541 | +€4,382 | +203% |
| Other amounts payable | 47/48 | €30,758 | €37,589 | +€6,831 | +22.2% |
| Accrued charges and deferred income | 492/3 | €816 | €1,317 | +€501 | +61.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €671 | €671 | = | 0.0% |
| Other operating charges | 640/8 | €848 | €1,547 | +€700 | +82.5% |
| Gross operating margin | 9900 | -€22,782 | €23,930 | +€46,713 | |
| Operating profit (loss) | 9901 | -€24,301 | €21,712 | +€46,013 | |
| Financial charges | 65/66B | €489 | €415 | -€75 | -15.3% |
| Recurring financial charges | 65 | €489 | €415 | -€75 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | -€24,791 | €21,297 | +€46,088 | |
| Income taxes | 67/77 | €137 | €141 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€24,928 | €21,156 | +€46,084 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,928 | €21,156 | +€46,084 |
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 23 October 2026 via checked.be.