ELISAN POWER TECHNICS: 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.
ELISAN POWER TECHNICS
Largest movements
- Receivables within one year +€10,810
up €10,810 (+9.6%), from €112,190 to €123,001
of which Trade receivables: +€6,454
- Tangible fixed assets -€1,540
down €1,540 (-32.8%), from €4,694 to €3,154
of which Furniture and vehicles: -€879
- Reserves +€15,000
up €15,000 (+71.0%), from €21,123 to €36,123
of which Distributable reserves: +€16,860
- Tax, wage and social debts -€3,300
down €3,300 (-27.5%), from €12,000 to €8,700
- Trade debts -€2,455
down €2,455 (-26.2%), from €9,365 to €6,910
- Current portion of long-term debt -€1,580
down €1,580 (-41.7%), from €3,787 to €2,207
- Gross operating margin +€15,182
up €15,182 (+67.8%), from €22,388 to €37,570
- Depreciation -€8,481
down €8,481 (-84.6%), from €10,020 to €1,540
- Taxes +€8,248
up €8,248 (+179%), from €4,606 to €12,855
- Other operating charges +€1,450
up €1,450 (+44.3%), from €3,270 to €4,720
- Staff costs +€761
up €761 (+118%), from €645 to €1,406
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 | €119,737 | €128,706 | +€8,969 | +7.5% |
| Fixed assets | 21/28 | €4,694 | €3,154 | -€1,540 | -32.8% |
| Tangible fixed assets | 22/27 | €4,694 | €3,154 | -€1,540 | -32.8% |
| Land and buildings | 22 | €640 | €0 | -€640 | -100% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €3,860 | €2,981 | -€879 | -22.8% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €195 | €173 | -€22 | -11.1% |
| Current assets | 29/58 | €115,043 | €125,552 | +€10,508 | +9.1% |
| Amounts receivable within one year | 40/41 | €112,190 | €123,001 | +€10,810 | +9.6% |
| Trade receivables | 40 | €7,770 | €14,224 | +€6,454 | +83.1% |
| Other amounts receivable | 41 | €104,420 | €108,777 | +€4,356 | +4.2% |
| Cash at bank and in hand | 54/58 | €2,853 | €2,551 | -€302 | -10.6% |
| Total equity and liabilities | 10/49 | €119,737 | €128,706 | +€8,969 | +7.5% |
| Equity | 10/15 | €94,585 | €110,860 | +€16,274 | +17.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,123 | €36,123 | +€15,000 | +71.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €5,100 | €5,100 | = | 0.0% |
| Distributable reserves | 133 | €14,163 | €31,023 | +€16,860 | +119% |
| Profit (loss) carried forward | 14 | €67,262 | €68,536 | +€1,274 | +1.9% |
| Amounts payable | 17/49 | €25,152 | €17,846 | -€7,306 | -29.0% |
| Amounts payable within one year | 42/48 | €25,152 | €17,846 | -€7,306 | -29.0% |
| Current portion of amounts payable after more than one year | 42 | €3,787 | €2,207 | -€1,580 | -41.7% |
| Trade debts | 44 | €9,365 | €6,910 | -€2,455 | -26.2% |
| Suppliers | 440/4 | €9,365 | €6,910 | -€2,455 | -26.2% |
| Taxes, remuneration and social security | 45 | €12,000 | €8,700 | -€3,300 | -27.5% |
| Taxes | 450/3 | €12,000 | €8,700 | -€3,300 | -27.5% |
| Other amounts payable | 47/48 | - | €29 | +€29 | |
| Remuneration, social security and pensions | 62 | €645 | €1,406 | +€761 | +118% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,020 | €1,540 | -€8,481 | -84.6% |
| Other operating charges | 640/8 | €3,270 | €4,720 | +€1,450 | +44.3% |
| Gross operating margin | 9900 | €22,388 | €37,570 | +€15,182 | +67.8% |
| Operating profit (loss) | 9901 | €8,453 | €29,905 | +€21,451 | +254% |
| Financial charges | 65/66B | €353 | €776 | +€423 | +120% |
| Recurring financial charges | 65 | €353 | €776 | +€423 | +120% |
| Profit (loss) for the period before taxes | 9903 | €8,100 | €29,129 | +€21,029 | +260% |
| Income taxes | 67/77 | €4,606 | €12,855 | +€8,248 | +179% |
| Profit (loss) for the period | 9904 | €3,494 | €16,274 | +€12,780 | +366% |
| Profit (loss) for the period to be appropriated | 9905 | €3,494 | €16,274 | +€12,780 | +366% |
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 20 October 2026 via checked.be.