L.A. 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.
L.A. Elec
Largest movements
- Stocks and contracts +€71,971
up €71,971 (+33.8%), from €212,780 to €284,751
- Cash -€12,636
down €12,636 (-25.4%), from €49,697 to €37,061
mainly Stocks and contracts (-€71,971) and Investment in fixed assets (net) (-€4,661)
- Profit (loss) carried forward +€43,445
up €43,445 (+22.5%), from €193,007 to €236,452
- Tax, wage and social debts +€14,118
up €14,118 (+64.8%), from €21,777 to €35,895
of which Taxes: +€14,118
- Gross operating margin -€20,901
down €20,901 (-23.3%), from €89,594 to €68,693
- Taxes -€6,322
down €6,322 (-28.7%), from €22,022 to €15,700
- Financial charges +€3,524
up €3,524 (+120%), from €2,946 to €6,470
- Other operating charges -€3,350
down €3,350 (-63.8%), from €5,252 to €1,902
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 | €295,280 | €356,471 | +€61,191 | +20.7% |
| Fixed assets | 21/28 | €4,418 | €7,213 | +€2,794 | +63.2% |
| Tangible fixed assets | 22/27 | €4,418 | €7,213 | +€2,794 | +63.2% |
| Plant, machinery and equipment | 23 | €1,500 | €1,057 | -€443 | -29.5% |
| Furniture and vehicles | 24 | €2,918 | €6,155 | +€3,237 | +111% |
| Current assets | 29/58 | €290,861 | €349,258 | +€58,397 | +20.1% |
| Stocks and contracts in progress | 3 | €212,780 | €284,751 | +€71,971 | +33.8% |
| Stocks | 30/36 | €212,780 | €284,751 | +€71,971 | +33.8% |
| Amounts receivable within one year | 40/41 | €25,939 | €26,669 | +€730 | +2.8% |
| Trade receivables | 40 | €25,172 | €26,669 | +€1,497 | +5.9% |
| Other amounts receivable | 41 | €767 | €0 | -€767 | -100% |
| Cash at bank and in hand | 54/58 | €49,697 | €37,061 | -€12,636 | -25.4% |
| Deferred charges and accrued income | 490/1 | €2,445 | €777 | -€1,668 | -68.2% |
| Total equity and liabilities | 10/49 | €295,280 | €356,471 | +€61,191 | +20.7% |
| Equity | 10/15 | €213,467 | €256,912 | +€43,445 | +20.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €193,007 | €236,452 | +€43,445 | +22.5% |
| Amounts payable | 17/49 | €81,813 | €99,558 | +€17,745 | +21.7% |
| Amounts payable within one year | 42/48 | €81,813 | €99,558 | +€17,745 | +21.7% |
| Financial debts | 43 | €2,979 | €2,581 | -€398 | -13.4% |
| Credit institutions | 430/8 | €2,979 | €2,581 | -€398 | -13.4% |
| Trade debts | 44 | €37,083 | €38,014 | +€931 | +2.5% |
| Suppliers | 440/4 | €37,083 | €38,014 | +€931 | +2.5% |
| Taxes, remuneration and social security | 45 | €21,777 | €35,895 | +€14,118 | +64.8% |
| Taxes | 450/3 | €21,777 | €35,895 | +€14,118 | +64.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €19,973 | €23,068 | +€3,094 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,590 | €1,867 | +€277 | +17.4% |
| Other operating charges | 640/8 | €5,252 | €1,902 | -€3,350 | -63.8% |
| Gross operating margin | 9900 | €89,594 | €68,693 | -€20,901 | -23.3% |
| Operating profit (loss) | 9901 | €82,752 | €64,925 | -€17,827 | -21.5% |
| Financial income | 75/76B | €24 | €692 | +€667 | +2,754% |
| Recurring financial income | 75 | €24 | €692 | +€667 | +2,754% |
| Financial charges | 65/66B | €2,946 | €6,470 | +€3,524 | +120% |
| Recurring financial charges | 65 | €2,946 | €6,470 | +€3,524 | +120% |
| Profit (loss) for the period before taxes | 9903 | €79,830 | €59,146 | -€20,684 | -25.9% |
| Income taxes | 67/77 | €22,022 | €15,700 | -€6,322 | -28.7% |
| Profit (loss) for the period | 9904 | €57,807 | €43,445 | -€14,362 | -24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €57,807 | €43,445 | -€14,362 | -24.8% |
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 24 October 2026 via checked.be.