ELETHIS: 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.
ELETHIS
Largest movements
- Stocks and contracts +€10,189
up €10,189 (+24.4%), from €41,712 to €51,901
- Receivables within one year -€6,149
down €6,149 (-90.1%), from €6,825 to €676
of which Other amounts receivable: -€5,014
- Cash +€4,581
up €4,581 (+13.0%), from €35,236 to €39,817
mainly Receivables within one year (+€6,149) and Depreciation (+€5,466)
- Tangible fixed assets -€1,525
down €1,525 (-7.9%), from €19,242 to €17,717
of which Land and buildings: -€3,116
- Profit (loss) carried forward +€4,195
up €4,195 (+13.0%), from €32,180 to €36,374
- Tax, wage and social debts +€2,812
up €2,812 (+30.2%), from €9,297 to €12,109
of which Remuneration and social security: +€1,558
- Other debts +€1,418
up €1,418 (+2.7%), from €51,872 to €53,290
- Trade debts -€1,272
down €1,272 (-75.3%), from €1,689 to €417
- Purchases and services -€11,472
down €11,472 (-9.7%), from €118,682 to €107,210
- Turnover -€7,975
down €7,975 (-5.3%), from €150,104 to €142,129
- Gross operating margin +€7,969
up €7,969 (+17.9%), from €44,508 to €52,477
- Staff costs +€5,348
up €5,348 (+15.2%), from €35,188 to €40,536
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 | €105,038 | €112,189 | +€7,152 | +6.8% |
| Fixed assets | 21/28 | €19,417 | €17,892 | -€1,525 | -7.9% |
| Tangible fixed assets | 22/27 | €19,242 | €17,717 | -€1,525 | -7.9% |
| Land and buildings | 22 | €14,662 | €11,546 | -€3,116 | -21.2% |
| Plant, machinery and equipment | 23 | €2,082 | €4,907 | +€2,825 | +135.7% |
| Furniture and vehicles | 24 | €2,498 | €1,264 | -€1,234 | -49.4% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €85,621 | €94,297 | +€8,676 | +10.1% |
| Stocks and contracts in progress | 3 | €41,712 | €51,901 | +€10,189 | +24.4% |
| Stocks | 30/36 | €41,712 | €51,901 | +€10,189 | +24.4% |
| Amounts receivable within one year | 40/41 | €6,825 | €676 | -€6,149 | -90.1% |
| Trade receivables | 40 | €1,811 | €676 | -€1,135 | -62.7% |
| Other amounts receivable | 41 | €5,014 | - | -€5,014 | |
| Cash at bank and in hand | 54/58 | €35,236 | €39,817 | +€4,581 | +13.0% |
| Deferred charges and accrued income | 490/1 | €1,848 | €1,903 | +€55 | +3.0% |
| Total equity and liabilities | 10/49 | €105,038 | €112,189 | +€7,152 | +6.8% |
| Equity | 10/15 | €42,180 | €46,374 | +€4,195 | +9.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,180 | €36,374 | +€4,195 | +13.0% |
| Amounts payable | 17/49 | €62,858 | €65,815 | +€2,957 | +4.7% |
| Amounts payable within one year | 42/48 | €62,858 | €65,815 | +€2,957 | +4.7% |
| Trade debts | 44 | €1,689 | €417 | -€1,272 | -75.3% |
| Suppliers | 440/4 | €1,689 | €417 | -€1,272 | -75.3% |
| Taxes, remuneration and social security | 45 | €9,297 | €12,109 | +€2,812 | +30.2% |
| Taxes | 450/3 | €3,513 | €4,767 | +€1,254 | +35.7% |
| Remuneration and social security | 454/9 | €5,784 | €7,342 | +€1,558 | +26.9% |
| Other amounts payable | 47/48 | €51,872 | €53,290 | +€1,418 | +2.7% |
| Turnover | 70 | €150,104 | €142,129 | -€7,975 | -5.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €118,682 | €107,210 | -€11,472 | -9.7% |
| Remuneration, social security and pensions | 62 | €35,188 | €40,536 | +€5,348 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,365 | €5,466 | +€101 | +1.9% |
| Other operating charges | 640/8 | €365 | €721 | +€356 | +97.5% |
| Gross operating margin | 9900 | €44,508 | €52,477 | +€7,969 | +17.9% |
| Operating profit (loss) | 9901 | €3,590 | €5,755 | +€2,165 | +60.3% |
| Financial income | 75/76B | €126 | €183 | +€57 | +45.3% |
| Recurring financial income | 75 | €126 | €183 | +€57 | +45.3% |
| Financial charges | 65/66B | €125 | €142 | +€17 | +13.7% |
| Recurring financial charges | 65 | €125 | €142 | +€17 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €3,591 | €5,796 | +€2,205 | +61.4% |
| Income taxes | 67/77 | €986 | €1,601 | +€615 | +62.3% |
| Profit (loss) for the period | 9904 | €2,605 | €4,195 | +€1,590 | +61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,605 | €4,195 | +€1,590 | +61.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.