Fire Elektrics: 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.
Fire Elektrics
Largest movements
- Receivables within one year +€30,740
up €30,740 (+36.4%), from €84,456 to €115,195
of which Trade receivables: +€24,483
- Cash +€20,823
up €20,823 (+20.0%), from €104,004 to €124,827
mainly Net result for the year (+€56,764) and Depreciation (+€17,008)
- Intangible fixed assets -€9,792
down €9,792 (-12.7%), from €77,304 to €67,511
- Deferred charges and accrued income +€6,496
up €6,496 (+601.7%), from €1,080 to €7,576
- Profit (loss) carried forward +€56,764
up €56,764 (+47.4%), from €119,846 to €176,610
- Staff costs +€30,601
new in 2025: €30,601
- Gross operating margin +€18,219
up €18,219 (+17.6%), from €103,493 to €121,712
- Financial income +€2,009
up €2,009 (+1715.6%), from €117 to €2,126
- Taxes -€1,740
down €1,740 (-9.7%), from €17,929 to €16,189
- Depreciation +€1,333
up €1,333 (+8.5%), from €15,675 to €17,008
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 | €278,281 | €331,926 | +€53,644 | +19.3% |
| Fixed assets | 21/28 | €88,742 | €84,328 | -€4,414 | -5.0% |
| Intangible fixed assets | 21 | €77,304 | €67,511 | -€9,792 | -12.7% |
| Tangible fixed assets | 22/27 | €11,438 | €14,317 | +€2,878 | +25.2% |
| Plant, machinery and equipment | 23 | €9,515 | €6,285 | -€3,231 | -34.0% |
| Furniture and vehicles | 24 | €1,923 | €8,032 | +€6,109 | +317.7% |
| Financial fixed assets | 28 | - | €2,500 | +€2,500 | |
| Current assets | 29/58 | €189,539 | €247,598 | +€58,059 | +30.6% |
| Amounts receivable within one year | 40/41 | €84,456 | €115,195 | +€30,740 | +36.4% |
| Trade receivables | 40 | €78,173 | €102,656 | +€24,483 | +31.3% |
| Other amounts receivable | 41 | €6,283 | €12,539 | +€6,257 | +99.6% |
| Cash at bank and in hand | 54/58 | €104,004 | €124,827 | +€20,823 | +20.0% |
| Deferred charges and accrued income | 490/1 | €1,080 | €7,576 | +€6,496 | +601.7% |
| Total equity and liabilities | 10/49 | €278,281 | €331,926 | +€53,644 | +19.3% |
| Equity | 10/15 | €122,346 | €179,110 | +€56,764 | +46.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,846 | €176,610 | +€56,764 | +47.4% |
| Amounts payable | 17/49 | €155,935 | €152,816 | -€3,119 | -2.0% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 170/4 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €80,410 | €77,291 | -€3,119 | -3.9% |
| Trade debts | 44 | €46,214 | €42,968 | -€3,246 | -7.0% |
| Suppliers | 440/4 | €46,214 | €42,968 | -€3,246 | -7.0% |
| Taxes, remuneration and social security | 45 | €17,611 | €18,961 | +€1,351 | +7.7% |
| Taxes | 450/3 | €14,726 | €15,925 | +€1,199 | +8.1% |
| Remuneration and social security | 454/9 | €2,885 | €3,036 | +€151 | +5.2% |
| Other amounts payable | 47/48 | €16,585 | €15,361 | -€1,224 | -7.4% |
| Accrued charges and deferred income | 492/3 | €525 | €525 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €30,601 | +€30,601 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,675 | €17,008 | +€1,333 | +8.5% |
| Other operating charges | 640/8 | €1,996 | €2,042 | +€47 | +2.3% |
| Gross operating margin | 9900 | €103,493 | €121,712 | +€18,219 | +17.6% |
| Operating profit (loss) | 9901 | €85,822 | €72,061 | -€13,761 | -16.0% |
| Financial income | 75/76B | €117 | €2,126 | +€2,009 | +1715.6% |
| Recurring financial income | 75 | €117 | €2,126 | +€2,009 | +1715.6% |
| Financial charges | 65/66B | €921 | €1,234 | +€312 | +33.9% |
| Recurring financial charges | 65 | €921 | €1,234 | +€312 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | €85,018 | €72,953 | -€12,065 | -14.2% |
| Income taxes | 67/77 | €17,929 | €16,189 | -€1,740 | -9.7% |
| Profit (loss) for the period | 9904 | €67,089 | €56,764 | -€10,325 | -15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €67,089 | €56,764 | -€10,325 | -15.4% |
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 12 October 2026 via checked.be.