REAL ELEKTRISCH: 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.
REAL ELEKTRISCH
Largest movements
- Receivables after one year +€60,000
new in 2025: €60,000
- Receivables within one year -€14,887
down €14,887 (-50.1%), from €29,690 to €14,803
of which Other amounts receivable: -€28,335
- Cash -€11,062
down €11,062 (-61.4%), from €18,009 to €6,947
mainly Receivables after one year (-€60,000)
- Trade debts +€17,927
up €17,927 (+57.1%), from €31,377 to €49,304
- Profit (loss) carried forward +€14,010
up €14,010 (+178%), from €7,890 to €21,900
- Short-term financial debts +€1,091
up €1,091 (+119%), from €918 to €2,009
- Tax, wage and social debts +€1,022
up €1,022 (+22.6%), from €4,514 to €5,536
- Gross operating margin +€5,485
up €5,485 (+29.2%), from €18,769 to €24,254
- Depreciation -€1,215
no longer reported in 2025 (was €1,215)
- Taxes +€1,022
up €1,022 (+22.6%), from €4,514 to €5,536
- Other operating charges -€670
down €670 (-13.8%), from €4,845 to €4,175
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 | €47,699 | €81,750 | +€34,051 | +71.4% |
| Current assets | 29/58 | €47,699 | €81,750 | +€34,051 | +71.4% |
| Amounts receivable after more than one year | 29 | - | €60,000 | +€60,000 | |
| Other amounts receivable | 291 | - | €60,000 | +€60,000 | |
| Amounts receivable within one year | 40/41 | €29,690 | €14,803 | -€14,887 | -50.1% |
| Trade receivables | 40 | €9 | €13,457 | +€13,448 | +149,422% |
| Other amounts receivable | 41 | €29,681 | €1,346 | -€28,335 | -95.5% |
| Cash at bank and in hand | 54/58 | €18,009 | €6,947 | -€11,062 | -61.4% |
| Total equity and liabilities | 10/49 | €47,699 | €81,750 | +€34,051 | +71.4% |
| Equity | 10/15 | €10,890 | €24,900 | +€14,010 | +129% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,890 | €21,900 | +€14,010 | +178% |
| Amounts payable | 17/49 | €36,809 | €56,849 | +€20,041 | +54.4% |
| Amounts payable within one year | 42/48 | €36,809 | €56,849 | +€20,041 | +54.4% |
| Financial debts | 43 | €918 | €2,009 | +€1,091 | +119% |
| Credit institutions | 430/8 | €918 | €2,009 | +€1,091 | +119% |
| Trade debts | 44 | €31,377 | €49,304 | +€17,927 | +57.1% |
| Suppliers | 440/4 | €31,377 | €49,304 | +€17,927 | +57.1% |
| Taxes, remuneration and social security | 45 | €4,514 | €5,536 | +€1,022 | +22.6% |
| Taxes | 450/3 | €4,514 | €5,536 | +€1,022 | +22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,215 | - | -€1,215 | |
| Other operating charges | 640/8 | €4,845 | €4,175 | -€670 | -13.8% |
| Gross operating margin | 9900 | €18,769 | €24,254 | +€5,485 | +29.2% |
| Operating profit (loss) | 9901 | €12,709 | €20,079 | +€7,370 | +58.0% |
| Financial income | 75/76B | €6 | €1 | -€5 | -86.7% |
| Recurring financial income | 75 | €6 | €1 | -€5 | -86.7% |
| Financial charges | 65/66B | €311 | €535 | +€223 | +71.8% |
| Recurring financial charges | 65 | €311 | €535 | +€223 | +71.8% |
| Profit (loss) for the period before taxes | 9903 | €12,404 | €19,545 | +€7,141 | +57.6% |
| Income taxes | 67/77 | €4,514 | €5,536 | +€1,022 | +22.6% |
| Profit (loss) for the period | 9904 | €7,890 | €14,010 | +€6,119 | +77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,890 | €14,010 | +€6,119 | +77.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.