ELEMENTS ELECTRIC: 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.
ELEMENTS ELECTRIC
Largest movements
- Receivables within one year +€27,196
up €27,196 (+45.7%), from €59,542 to €86,738
of which Trade receivables: +€31,481
- Tangible fixed assets -€11,457
down €11,457 (-20.5%), from €55,951 to €44,494
of which Furniture and vehicles: -€8,128
- Cash -€1,410
down €1,410 (-25.9%), from €5,439 to €4,028
mainly Receivables within one year (-€27,196) and Tax, wage and social debts (-€15,926)
- Profit (loss) carried forward +€30,227
up €30,227 (+42.3%), from €71,475 to €101,702
- Tax, wage and social debts -€15,926
down €15,926 (-88.7%), from €17,954 to €2,027
of which Taxes: -€16,861
- Gross operating margin +€81,541
up €81,541, from -€16,424 to €65,117
- Other operating charges +€17,647
up €17,647 (+399%), from €4,423 to €22,070
- Taxes +€1,092
new in 2025: €1,092
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 | €122,197 | €136,733 | +€14,536 | +11.9% |
| Fixed assets | 21/28 | €55,951 | €44,494 | -€11,457 | -20.5% |
| Tangible fixed assets | 22/27 | €55,951 | €44,494 | -€11,457 | -20.5% |
| Land and buildings | 22 | €46,212 | €43,712 | -€2,500 | -5.4% |
| Plant, machinery and equipment | 23 | €962 | €504 | -€458 | -47.6% |
| Furniture and vehicles | 24 | €8,128 | - | -€8,128 | |
| Assets under construction and advance payments | 27 | €649 | €278 | -€371 | -57.1% |
| Current assets | 29/58 | €66,246 | €92,239 | +€25,993 | +39.2% |
| Amounts receivable within one year | 40/41 | €59,542 | €86,738 | +€27,196 | +45.7% |
| Trade receivables | 40 | €50,039 | €81,520 | +€31,481 | +62.9% |
| Other amounts receivable | 41 | €9,502 | €5,218 | -€4,285 | -45.1% |
| Cash at bank and in hand | 54/58 | €5,439 | €4,028 | -€1,410 | -25.9% |
| Deferred charges and accrued income | 490/1 | €1,266 | €1,473 | +€207 | +16.3% |
| Total equity and liabilities | 10/49 | €122,197 | €136,733 | +€14,536 | +11.9% |
| Equity | 10/15 | €82,982 | €113,209 | +€30,227 | +36.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,507 | €1,507 | = | 0.0% |
| Distributable reserves | 133 | €1,507 | €1,507 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,475 | €101,702 | +€30,227 | +42.3% |
| Amounts payable | 17/49 | €39,215 | €23,524 | -€15,691 | -40.0% |
| Amounts payable within one year | 42/48 | €39,215 | €23,524 | -€15,691 | -40.0% |
| Current portion of amounts payable after more than one year | 42 | €51 | - | -€51 | |
| Trade debts | 44 | €21,211 | €21,496 | +€285 | +1.3% |
| Suppliers | 440/4 | €21,211 | €21,496 | +€285 | +1.3% |
| Taxes, remuneration and social security | 45 | €17,954 | €2,027 | -€15,926 | -88.7% |
| Taxes | 450/3 | €17,954 | €1,092 | -€16,861 | -93.9% |
| Remuneration and social security | 454/9 | - | €935 | +€935 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,051 | €11,457 | -€594 | -4.9% |
| Other operating charges | 640/8 | €4,423 | €22,070 | +€17,647 | +399% |
| Gross operating margin | 9900 | -€16,424 | €65,117 | +€81,541 | |
| Operating profit (loss) | 9901 | -€32,898 | €31,590 | +€64,488 | |
| Financial income | 75/76B | €98 | €86 | -€11 | -11.4% |
| Recurring financial income | 75 | €98 | €86 | -€11 | -11.4% |
| Financial charges | 65/66B | €255 | €357 | +€102 | +40.1% |
| Recurring financial charges | 65 | €255 | €357 | +€102 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | -€33,055 | €31,319 | +€64,375 | |
| Income taxes | 67/77 | - | €1,092 | +€1,092 | |
| Profit (loss) for the period | 9904 | -€33,055 | €30,227 | +€63,283 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,055 | €30,227 | +€63,283 |
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 17 October 2026 via checked.be.