ROBERT 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.
ROBERT ELEC
Largest movements
- Cash -€13,386
down €13,386 (-23.3%), from €57,542 to €44,156
mainly Other debts (-€4,640) and Net result for the year (-€4,520)
- Stocks and contracts -€1,952
down €1,952 (-24.4%), from €8,000 to €6,048
of which Contracts in progress: -€2,400
- Receivables within one year -€1,265
down €1,265 (-4.2%), from €30,262 to €28,998
of which Trade receivables: -€1,753
- Other debts -€4,640
no longer reported in 2025 (was €4,640)
- Profit (loss) carried forward -€4,520
down €4,520 (-7.2%), from €62,734 to €58,213
- Trade debts -€3,923
down €3,923 (-85.7%), from €4,577 to €654
- Tax, wage and social debts -€3,166
down €3,166 (-87.7%), from €3,610 to €444
- Gross operating margin -€6,991
down €6,991, from €5,326 to -€1,664
- Other operating charges -€854
down €854 (-39.6%), from €2,159 to €1,305
- Taxes -€635
down €635 (-90.4%), from €703 to €68
- Financial charges -€320
down €320 (-78.2%), from €410 to €89
- Depreciation +€282
up €282 (+21.0%), from €1,342 to €1,624
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 | €101,820 | €85,571 | -€16,250 | -16.0% |
| Fixed assets | 21/28 | €4,789 | €4,269 | -€520 | -10.9% |
| Tangible fixed assets | 22/27 | €4,789 | €4,269 | -€520 | -10.9% |
| Plant, machinery and equipment | 23 | €4,086 | €3,879 | -€207 | -5.1% |
| Furniture and vehicles | 24 | €703 | €391 | -€313 | -44.4% |
| Current assets | 29/58 | €97,031 | €81,301 | -€15,730 | -16.2% |
| Stocks and contracts in progress | 3 | €8,000 | €6,048 | -€1,952 | -24.4% |
| Stocks | 30/36 | €5,600 | €6,048 | +€448 | +8.0% |
| Contracts in progress | 37 | €2,400 | - | -€2,400 | |
| Amounts receivable within one year | 40/41 | €30,262 | €28,998 | -€1,265 | -4.2% |
| Trade receivables | 40 | €27,337 | €25,585 | -€1,753 | -6.4% |
| Other amounts receivable | 41 | €2,925 | €3,413 | +€488 | +16.7% |
| Cash at bank and in hand | 54/58 | €57,542 | €44,156 | -€13,386 | -23.3% |
| Deferred charges and accrued income | 490/1 | €1,228 | €2,100 | +€873 | +71.1% |
| Total equity and liabilities | 10/49 | €101,820 | €85,571 | -€16,250 | -16.0% |
| Equity | 10/15 | €88,994 | €84,473 | -€4,520 | -5.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €13,860 | €13,860 | = | 0.0% |
| Distributable reserves | 133 | €13,860 | €13,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,734 | €58,213 | -€4,520 | -7.2% |
| Amounts payable | 17/49 | €12,827 | €1,098 | -€11,729 | -91.4% |
| Amounts payable within one year | 42/48 | €12,827 | €1,098 | -€11,729 | -91.4% |
| Trade debts | 44 | €4,577 | €654 | -€3,923 | -85.7% |
| Suppliers | 440/4 | €4,577 | €654 | -€3,923 | -85.7% |
| Taxes, remuneration and social security | 45 | €3,610 | €444 | -€3,166 | -87.7% |
| Taxes | 450/3 | €3,610 | €444 | -€3,166 | -87.7% |
| Other amounts payable | 47/48 | €4,640 | - | -€4,640 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,342 | €1,624 | +€282 | +21.0% |
| Other operating charges | 640/8 | €2,159 | €1,305 | -€854 | -39.6% |
| Gross operating margin | 9900 | €5,326 | -€1,664 | -€6,991 | |
| Operating profit (loss) | 9901 | €1,825 | -€4,593 | -€6,418 | |
| Financial income | 75/76B | €111 | €229 | +€118 | +105.7% |
| Recurring financial income | 75 | €111 | €229 | +€118 | +105.7% |
| Financial charges | 65/66B | €410 | €89 | -€320 | -78.2% |
| Recurring financial charges | 65 | €410 | €89 | -€320 | -78.2% |
| Profit (loss) for the period before taxes | 9903 | €1,527 | -€4,453 | -€5,980 | |
| Income taxes | 67/77 | €703 | €68 | -€635 | -90.4% |
| Profit (loss) for the period | 9904 | €825 | -€4,520 | -€5,345 | |
| Profit (loss) for the period to be appropriated | 9905 | €825 | -€4,520 | -€5,345 |
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 9 October 2026 via checked.be.