ELTROMATIC: 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.
ELTROMATIC
Largest movements
- Cash -€34,879
down €34,879 (-37.3%), from €93,501 to €58,622
mainly Other debts (-€37,798) and Net result for the year (-€11,137)
- Tangible fixed assets -€10,756
down €10,756 (-20.4%), from €52,746 to €41,990
of which Furniture and vehicles: -€8,826
- Receivables within one year -€5,183
down €5,183 (-13.5%), from €38,295 to €33,112
of which Trade receivables: -€10,691
- Stocks and contracts -€3,660
down €3,660 (-32.5%), from €11,250 to €7,590
- Other debts -€37,798
down €37,798 (-97.6%), from €38,723 to €925
- Equity -€11,136
down €11,136 (-7.4%), from €150,905 to €139,769
of which Reserves: -€63,327
- Trade debts -€2,682
down €2,682 (-38.5%), from €6,971 to €4,289
- Gross operating margin -€11,978
down €11,978 (-76.2%), from €15,710 to €3,732
- Taxes -€359
down €359 (-50.0%), from €719 to €360
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 | €199,088 | €144,982 | -€54,106 | -27.2% |
| Fixed assets | 21/28 | €52,746 | €41,990 | -€10,756 | -20.4% |
| Tangible fixed assets | 22/27 | €52,746 | €41,990 | -€10,756 | -20.4% |
| Land and buildings | 22 | €30,991 | €29,712 | -€1,279 | -4.1% |
| Plant, machinery and equipment | 23 | €651 | €0 | -€651 | -100% |
| Furniture and vehicles | 24 | €21,104 | €12,278 | -€8,826 | -41.8% |
| Current assets | 29/58 | €146,342 | €102,992 | -€43,350 | -29.6% |
| Stocks and contracts in progress | 3 | €11,250 | €7,590 | -€3,660 | -32.5% |
| Stocks | 30/36 | €11,250 | €7,590 | -€3,660 | -32.5% |
| Amounts receivable within one year | 40/41 | €38,295 | €33,112 | -€5,183 | -13.5% |
| Trade receivables | 40 | €33,728 | €23,037 | -€10,691 | -31.7% |
| Other amounts receivable | 41 | €4,567 | €10,075 | +€5,508 | +121% |
| Cash at bank and in hand | 54/58 | €93,501 | €58,622 | -€34,879 | -37.3% |
| Deferred charges and accrued income | 490/1 | €3,296 | €3,668 | +€372 | +11.3% |
| Total equity and liabilities | 10/49 | €199,088 | €144,982 | -€54,106 | -27.2% |
| Equity | 10/15 | €150,905 | €139,769 | -€11,136 | -7.4% |
| Contributions | 10/11 | - | €12,403 | +€12,403 | |
| Reserves | 13 | €190,693 | €127,366 | -€63,327 | -33.2% |
| Distributable reserves | 133 | €190,693 | €127,366 | -€63,327 | -33.2% |
| Advance to shareholders on the distribution of net assets | 19 | €39,788 | - | -€39,788 | |
| Amounts payable | 17/49 | €48,183 | €5,213 | -€42,970 | -89.2% |
| Amounts payable within one year | 42/48 | €47,683 | €5,213 | -€42,470 | -89.1% |
| Trade debts | 44 | €6,971 | €4,289 | -€2,682 | -38.5% |
| Suppliers | 440/4 | €6,971 | €4,289 | -€2,682 | -38.5% |
| Taxes, remuneration and social security | 45 | €1,989 | €0 | -€1,989 | -100% |
| Taxes | 450/3 | €1,989 | €0 | -€1,989 | -100% |
| Other amounts payable | 47/48 | €38,723 | €925 | -€37,798 | -97.6% |
| Accrued charges and deferred income | 492/3 | €500 | €0 | -€500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,981 | €14,012 | +€31 | +0.2% |
| Other operating charges | 640/8 | €573 | €574 | +€1 | +0.1% |
| Gross operating margin | 9900 | €15,710 | €3,732 | -€11,978 | -76.2% |
| Operating profit (loss) | 9901 | €1,156 | -€10,853 | -€12,009 | |
| Financial income | 75/76B | €418 | €519 | +€101 | +24.1% |
| Recurring financial income | 75 | €418 | €519 | +€101 | +24.1% |
| Financial charges | 65/66B | €349 | €443 | +€94 | +26.9% |
| Recurring financial charges | 65 | €349 | €443 | +€94 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €1,225 | -€10,778 | -€12,003 | |
| Income taxes | 67/77 | €719 | €360 | -€359 | -50.0% |
| Profit (loss) for the period | 9904 | €506 | -€11,137 | -€11,643 | |
| Profit (loss) for the period to be appropriated | 9905 | €506 | -€11,137 | -€11,643 |
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 29 October 2026 via checked.be.