ELTA-Elec: 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.
ELTA-Elec
Largest movements
- Cash +€6,462
up €6,462 (+1,077%), from €600 to €7,062
mainly Net result for the year (+€7,110) and Receivables within one year (+€5,461)
- Receivables within one year -€5,461
down €5,461 (-11.8%), from €46,219 to €40,758
of which Trade receivables: -€7,933
- Reserves +€7,000
up €7,000 (+34.2%), from €20,485 to €27,485
of which Distributable reserves: +€7,000
- Trade debts -€5,936
down €5,936 (-98.2%), from €6,047 to €111
- Gross operating margin +€16,603
up €16,603, from -€3,944 to €12,659
- Taxes +€3,853
new in 2025: €3,853
- Other operating charges +€1,361
up €1,361 (+740%), from €184 to €1,545
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 | €46,819 | €47,820 | +€1,001 | +2.1% |
| Current assets | 29/58 | €46,819 | €47,820 | +€1,001 | +2.1% |
| Amounts receivable within one year | 40/41 | €46,219 | €40,758 | -€5,461 | -11.8% |
| Trade receivables | 40 | €9,563 | €1,630 | -€7,933 | -83.0% |
| Other amounts receivable | 41 | €36,656 | €39,128 | +€2,472 | +6.7% |
| Cash at bank and in hand | 54/58 | €600 | €7,062 | +€6,462 | +1,077% |
| Total equity and liabilities | 10/49 | €46,819 | €47,820 | +€1,001 | +2.1% |
| Equity | 10/15 | €36,243 | €43,353 | +€7,110 | +19.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,485 | €27,485 | +€7,000 | +34.2% |
| Non-distributable reserves | 130/1 | €485 | €485 | = | 0.0% |
| Reserves not available under the articles | 1311 | €485 | €485 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €27,000 | +€7,000 | +35.0% |
| Profit (loss) carried forward | 14 | €9,558 | €9,668 | +€110 | +1.2% |
| Amounts payable | 17/49 | €10,576 | €4,467 | -€6,109 | -57.8% |
| Amounts payable within one year | 42/48 | €10,576 | €4,467 | -€6,109 | -57.8% |
| Trade debts | 44 | €6,047 | €111 | -€5,936 | -98.2% |
| Suppliers | 440/4 | €6,047 | €111 | -€5,936 | -98.2% |
| Taxes, remuneration and social security | 45 | €4,529 | €4,356 | -€173 | -3.8% |
| Taxes | 450/3 | €4,529 | €4,356 | -€173 | -3.8% |
| Other operating charges | 640/8 | €184 | €1,545 | +€1,361 | +740% |
| Gross operating margin | 9900 | -€3,944 | €12,659 | +€16,603 | |
| Operating profit (loss) | 9901 | -€4,128 | €11,114 | +€15,242 | |
| Financial income | 75/76B | €20 | €18 | -€2 | -10.0% |
| Recurring financial income | 75 | €20 | €18 | -€2 | -10.0% |
| Financial charges | 65/66B | €74 | €169 | +€95 | +128% |
| Recurring financial charges | 65 | €74 | €169 | +€95 | +128% |
| Profit (loss) for the period before taxes | 9903 | -€4,182 | €10,963 | +€15,145 | |
| Income taxes | 67/77 | - | €3,853 | +€3,853 | |
| Profit (loss) for the period | 9904 | -€4,182 | €7,110 | +€11,292 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,182 | €7,110 | +€11,292 |
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 26 October 2026 via checked.be.