MY ELEC: what changed
MY ELEC
Largest movements
- Receivables within one year -€240,317
down €240,317 (-53.8%), from €446,959 to €206,642
of which Trade receivables: -€278,233
- Tangible fixed assets +€18,649
up €18,649 (+337%), from €5,532 to €24,181
- Cash -€7,370
down €7,370 (-24.4%), from €30,156 to €22,785
mainly Trade debts (-€144,797) and Contributions, distributions and other (-€117,647)
- Trade debts -€144,797
down €144,797 (-97.0%), from €149,230 to €4,433
- Profit (loss) carried forward -€110,207
down €110,207 (-36.5%), from €301,532 to €191,324
- Other debts +€21,989
new in 2025: €21,989
- Taxes -€28,257
down €28,257 (-57.5%), from €49,101 to €20,844
- Financial charges +€19,398
up €19,398 (+1,066%), from €1,820 to €21,218
- Gross operating margin +€7,713
up €7,713 (+2.0%), from €386,081 to €393,794
- Staff costs -€7,669
down €7,669 (-2.3%), from €338,780 to €331,111
- Other operating charges +€5,241
up €5,241 (+964%), from €544 to €5,784
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €488,297 | €259,259 | -€229,038 | -46.9% |
| Fixed assets | 21/28 | €11,182 | €29,831 | +€18,649 | +167% |
| Tangible fixed assets | 22/27 | €5,532 | €24,181 | +€18,649 | +337% |
| Furniture and vehicles | 24 | €5,532 | €24,181 | +€18,649 | +337% |
| Financial fixed assets | 28 | €5,650 | €5,650 | = | 0.0% |
| Current assets | 29/58 | €477,115 | €229,428 | -€247,687 | -51.9% |
| Amounts receivable within one year | 40/41 | €446,959 | €206,642 | -€240,317 | -53.8% |
| Trade receivables | 40 | €426,244 | €148,011 | -€278,233 | -65.3% |
| Other amounts receivable | 41 | €20,715 | €58,631 | +€37,916 | +183% |
| Cash at bank and in hand | 54/58 | €30,156 | €22,785 | -€7,370 | -24.4% |
| Total equity and liabilities | 10/49 | €488,297 | €259,259 | -€229,038 | -46.9% |
| Equity | 10/15 | €309,113 | €198,905 | -€110,207 | -35.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,381 | €1,381 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,381 | €1,381 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,381 | €1,381 | = | 0.0% |
| Profit (loss) carried forward | 14 | €301,532 | €191,324 | -€110,207 | -36.5% |
| Amounts payable | 17/49 | €179,184 | €60,354 | -€118,830 | -66.3% |
| Amounts payable within one year | 42/48 | €179,184 | €60,354 | -€118,830 | -66.3% |
| Trade debts | 44 | €149,230 | €4,433 | -€144,797 | -97.0% |
| Suppliers | 440/4 | €149,230 | €4,433 | -€144,797 | -97.0% |
| Taxes, remuneration and social security | 45 | €29,954 | €33,931 | +€3,977 | +13.3% |
| Taxes | 450/3 | €5,521 | €18,331 | +€12,809 | +232% |
| Remuneration and social security | 454/9 | €24,433 | €15,601 | -€8,832 | -36.1% |
| Other amounts payable | 47/48 | - | €21,989 | +€21,989 | |
| Remuneration, social security and pensions | 62 | €338,780 | €331,111 | -€7,669 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,650 | €7,264 | +€3,614 | +99.0% |
| Other operating charges | 640/8 | €544 | €5,784 | +€5,241 | +964% |
| Non-recurring operating charges | 66A | €116 | €134 | +€18 | +15.5% |
| Gross operating margin | 9900 | €386,081 | €393,794 | +€7,713 | +2.0% |
| Operating profit (loss) | 9901 | €42,992 | €49,501 | +€6,510 | +15.1% |
| Financial charges | 65/66B | €1,820 | €21,218 | +€19,398 | +1,066% |
| Recurring financial charges | 65 | €1,820 | €21,218 | +€19,398 | +1,066% |
| Profit (loss) for the period before taxes | 9903 | €41,172 | €28,283 | -€12,889 | -31.3% |
| Income taxes | 67/77 | €49,101 | €20,844 | -€28,257 | -57.5% |
| Profit (loss) for the period | 9904 | -€7,929 | €7,440 | +€15,369 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,929 | €7,440 | +€15,369 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.