MT ELEKTRO: 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.
MT ELEKTRO
Largest movements
- Current investments +€25,000
up €25,000 (+25.0%), from €100,000 to €125,000
- Cash +€24,526
up €24,526 (+47.5%), from €51,654 to €76,180
mainly Net result for the year (+€36,378) and Depreciation (+€11,994)
- Receivables within one year -€8,435
down €8,435 (-32.9%), from €25,629 to €17,193
of which Trade receivables: -€6,727
- Reserves +€36,378
up €36,378 (+19.1%), from €190,270 to €226,648
of which Distributable reserves: +€36,378
- Tax, wage and social debts +€3,379
up €3,379 (+84.7%), from €3,987 to €7,365
- Gross operating margin +€13,795
up €13,795 (+30.6%), from €45,083 to €58,878
- Taxes +€3,994
up €3,994 (+39.2%), from €10,178 to €14,172
- Financial income +€2,900
up €2,900 (+118.7%), from €2,443 to €5,344
- Depreciation +€1,436
up €1,436 (+13.6%), from €10,558 to €11,994
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 | €218,719 | €258,842 | +€40,123 | +18.3% |
| Fixed assets | 21/28 | €29,367 | €31,255 | +€1,887 | +6.4% |
| Tangible fixed assets | 22/27 | €29,367 | €31,255 | +€1,887 | +6.4% |
| Land and buildings | 22 | €15,287 | €7,644 | -€7,644 | -50.0% |
| Plant, machinery and equipment | 23 | €11,761 | €9,751 | -€2,009 | -17.1% |
| Furniture and vehicles | 24 | €2,319 | €13,860 | +€11,540 | +497.6% |
| Current assets | 29/58 | €189,352 | €227,588 | +€38,236 | +20.2% |
| Stocks and contracts in progress | 3 | €8,768 | €7,457 | -€1,311 | -15.0% |
| Stocks | 30/36 | €8,768 | €7,457 | -€1,311 | -15.0% |
| Amounts receivable within one year | 40/41 | €25,629 | €17,193 | -€8,435 | -32.9% |
| Trade receivables | 40 | €23,920 | €17,193 | -€6,727 | -28.1% |
| Other amounts receivable | 41 | €1,708 | €0 | -€1,708 | -100.0% |
| Current investments | 50/53 | €100,000 | €125,000 | +€25,000 | +25.0% |
| Cash at bank and in hand | 54/58 | €51,654 | €76,180 | +€24,526 | +47.5% |
| Deferred charges and accrued income | 490/1 | €3,301 | €1,758 | -€1,543 | -46.8% |
| Total equity and liabilities | 10/49 | €218,719 | €258,842 | +€40,123 | +18.3% |
| Equity | 10/15 | €208,870 | €245,248 | +€36,378 | +17.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €190,270 | €226,648 | +€36,378 | +19.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €190,270 | €226,648 | +€36,378 | +19.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €9,849 | €13,594 | +€3,746 | +38.0% |
| Amounts payable within one year | 42/48 | €9,674 | €13,387 | +€3,713 | +38.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,687 | €5,505 | -€183 | -3.2% |
| Suppliers | 440/4 | €5,687 | €5,505 | -€183 | -3.2% |
| Taxes, remuneration and social security | 45 | €3,987 | €7,365 | +€3,379 | +84.7% |
| Taxes | 450/3 | €3,987 | €7,365 | +€3,379 | +84.7% |
| Other amounts payable | 47/48 | - | €517 | +€517 | |
| Accrued charges and deferred income | 492/3 | €175 | €208 | +€33 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,558 | €11,994 | +€1,436 | +13.6% |
| Other operating charges | 640/8 | €1,302 | €1,460 | +€159 | +12.2% |
| Gross operating margin | 9900 | €45,083 | €58,878 | +€13,795 | +30.6% |
| Operating profit (loss) | 9901 | €33,224 | €45,424 | +€12,200 | +36.7% |
| Financial income | 75/76B | €2,443 | €5,344 | +€2,900 | +118.7% |
| Recurring financial income | 75 | €2,443 | €5,344 | +€2,900 | +118.7% |
| Financial charges | 65/66B | €441 | €218 | -€223 | -50.6% |
| Recurring financial charges | 65 | €441 | €218 | -€223 | -50.6% |
| Profit (loss) for the period before taxes | 9903 | €35,226 | €50,550 | +€15,323 | +43.5% |
| Income taxes | 67/77 | €10,178 | €14,172 | +€3,994 | +39.2% |
| Profit (loss) for the period | 9904 | €25,048 | €36,378 | +€11,329 | +45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,048 | €36,378 | +€11,329 | +45.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.