Stellantis e-Transmissions: 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.
What changed
Stellantis e-Transmissions
NACE 26.110, Manufacture of computer, electronic and optical products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€87.1m
2024 · -€191.9m+€279.0m
Equity
€231.2m
2024 · €97.1m+€134.1m
Cash
€35.1m
2024 · €3.7m+€31.4m
Balance sheet total
€858.2m
2024 · €648.2m+€209.9m
Largest movements
Assets
- Receivables within one year +€428.5m
up €428.5m (+193%), from €222.1m to €650.6m
of which Trade receivables: +€337.1m
- Intangible fixed assets -€241.2m
down €241.2m (-99.1%), from €243.4m to €2.2m
- Cash +€31.4m
up €31.4m (+857%), from €3.7m to €35.1m
mainly Trade debts (+€262.4m) and Investment in fixed assets (net) (+€206.9m)
- Tangible fixed assets -€13.2m
down €13.2m (-10.0%), from €131.6m to €118.4m
Equity and liabilities
- Profit (loss) carried forward +€399.5m
up €399.5m, from -€316.7m to €82.8m
- Contributions -€269.7m
down €269.7m (-65.2%), from €413.8m to €144.1m
of which Capital: -€269.7m
- Trade debts +€262.4m
up €262.4m (+119%), from €220.0m to €482.4m
- Debts after one year -€159.9m
down €159.9m (-93.6%), from €170.9m to €11.0m
- Current portion of long-term debt -€12.9m
down €12.9m (-43.5%), from €29.8m to €16.8m
Income statement
- Turnover +€1.19bn
up €1.19bn (+168%), from €708.1m to €1.90bn
- Goods and materials +€998.9m
up €998.9m (+141%), from €708.3m to €1.71bn
of which Purchases: +€980.8m
- Depreciation -€22.8m
down €22.8m (-32.7%), from €69.6m to €46.9m
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.
Result 2024
-€191.9m
Turnover
+€1.19bn
Other operating income
+€11.6m
Goods and materials
-€998.9m
Services and other goods
-€6.5m
Staff costs
-€2.9m
Depreciation
+€22.8m
Write-downs
-€507,687
Provisions
+€18.1m
Other operating charges
-€1.6m
Other operating items
+€53.8m
Financial income
+€1.4m
Financial charges
-€3.2m
Taxes
-€7.4m
Result 2025
€87.1m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€53.7m
Investment
+€206.9m
Financing
-€121.8m
Cash 2024
€3.7m
From operations (derived)
-€53.7m
Net result for the year
+€87.1m
Depreciation
+€46.9m
Receivables after one year
+€1.8m
Stocks and contracts
-€5.1m
Receivables within one year
-€428.5m
Smaller working-capital items
-€1.5m
Provisions
-€6.0m
Trade debts
+€262.4m
Tax, wage and social debts
-€5.1m
Accrued charges and deferred income
-€5.7m
Investment (derived)
+€206.9m
Investment in fixed assets (net)
+€206.9m
Financing
-€121.8m
Debts after one year
-€159.9m
Current portion of long-term debt
-€12.9m
Short-term financial debts
+€4.0m
Contributions, distributions and other
+€47.0m
Cash 2025
€35.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €648,245,976 | €858,162,105 | +€209.9m | +32.4% |
| Fixed assets | 21/28 | €379,310,384 | €125,532,126 | -€253.8m | -66.9% |
| Intangible fixed assets | 21 | €243,384,570 | €2,216,332 | -€241.2m | -99.1% |
| Tangible fixed assets | 22/27 | €131,569,504 | €118,411,963 | -€13.2m | -10.0% |
| Land and buildings | 22 | €3,729,632 | €3,356,690 | -€372,942 | -10.0% |
| Plant, machinery and equipment | 23 | €98,232,943 | €93,058,660 | -€5.2m | -5.3% |
| Furniture and vehicles | 24 | €2,692,421 | €1,909,237 | -€783,184 | -29.1% |
| Other tangible fixed assets | 26 | €8,426,261 | €7,266,103 | -€1.2m | -13.8% |
| Assets under construction and advance payments | 27 | €18,488,247 | €12,821,273 | -€5.7m | -30.7% |
| Financial fixed assets | 28 | €4,356,310 | €4,903,831 | +€547,521 | +12.6% |
| Affiliated companies | 280/1 | €3,018,000 | €3,018,000 | = | 0.0% |
| Participating interests | 280 | €3,018,000 | €3,018,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,338,310 | €1,885,831 | +€547,521 | +40.9% |
| Amounts receivable and cash guarantees | 285/8 | €1,338,310 | €1,885,831 | +€547,521 | +40.9% |
| Current assets | 29/58 | €268,935,592 | €732,629,980 | +€463.7m | +172% |
| Amounts receivable after more than one year | 29 | €10,207,274 | €8,362,312 | -€1.8m | -18.1% |
| Other amounts receivable | 291 | €10,207,274 | €8,362,312 | -€1.8m | -18.1% |
| Stocks and contracts in progress | 3 | €32,977,431 | €38,054,255 | +€5.1m | +15.4% |
| Stocks | 30/36 | €32,977,431 | €38,054,255 | +€5.1m | +15.4% |
| Raw materials and consumables | 30/31 | €24,202,630 | €18,728,507 | -€5.5m | -22.6% |
| Work in progress | 32 | €7,165,948 | €19,325,748 | +€12.2m | +170% |
| Finished goods | 33 | €1,608,853 | - | -€1.6m | |
| Amounts receivable within one year | 40/41 | €222,089,250 | €650,622,031 | +€428.5m | +193% |
| Trade receivables | 40 | €199,067,980 | €536,145,761 | +€337.1m | +169% |
| Other amounts receivable | 41 | €23,021,271 | €114,476,270 | +€91.5m | +397% |
| Cash at bank and in hand | 54/58 | €3,661,638 | €35,053,111 | +€31.4m | +857% |
| Deferred charges and accrued income | 490/1 | - | €538,270 | +€538,270 | |
| Total equity and liabilities | 10/49 | €648,245,976 | €858,162,105 | +€209.9m | +32.4% |
| Equity | 10/15 | €97,076,604 | €231,216,305 | +€134.1m | +138% |
| Contributions | 10/11 | €413,762,319 | €144,076,604 | -€269.7m | -65.2% |
| Capital | 10 | €406,611,068 | €136,925,352 | -€269.7m | -66.3% |
| Issued capital | 100 | €406,611,068 | €136,925,352 | -€269.7m | -66.3% |
| Contributions outside capital | 11 | €7,151,251 | €7,151,251 | = | 0.0% |
| Share premium | 1100/10 | €7,151,251 | €7,151,251 | = | 0.0% |
| Reserves | 13 | - | €4,356,985 | +€4.4m | |
| Non-distributable reserves | 130/1 | - | €4,356,985 | +€4.4m | |
| Legal reserve | 130 | - | €4,356,985 | +€4.4m | |
| Profit (loss) carried forward | 14 | -€316,685,716 | €82,782,717 | +€399.5m | |
| Provisions and deferred taxes | 16 | €14,368,804 | €8,382,257 | -€6.0m | -41.7% |
| Provisions for liabilities and charges | 160/5 | €14,368,804 | €8,382,257 | -€6.0m | -41.7% |
| Pensions and similar obligations | 160 | €10,257 | - | -€10,257 | |
| Other liabilities and charges | 164/5 | €14,358,548 | €8,382,257 | -€6.0m | -41.6% |
| Amounts payable | 17/49 | €536,800,568 | €618,563,543 | +€81.8m | +15.2% |
| Amounts payable after more than one year | 17 | €170,851,180 | €10,998,022 | -€159.9m | -93.6% |
| Financial debts | 170/4 | €170,851,180 | €10,998,022 | -€159.9m | -93.6% |
| Leasing and similar obligations | 172 | €11,351,180 | €10,998,022 | -€353,158 | -3.1% |
| Other loans | 174 | €159,500,000 | - | -€159.5m | |
| Amounts payable within one year | 42/48 | €348,309,651 | €595,653,264 | +€247.3m | +71.0% |
| Current portion of amounts payable after more than one year | 42 | €29,766,195 | €16,829,885 | -€12.9m | -43.5% |
| Financial debts | 43 | €82,000,000 | €86,000,000 | +€4.0m | +4.9% |
| Other loans | 439 | €82,000,000 | €86,000,000 | +€4.0m | +4.9% |
| Trade debts | 44 | €219,980,559 | €482,370,467 | +€262.4m | +119% |
| Suppliers | 440/4 | €219,980,559 | €482,370,467 | +€262.4m | +119% |
| Taxes, remuneration and social security | 45 | €14,859,970 | €9,738,425 | -€5.1m | -34.5% |
| Taxes | 450/3 | €62,053 | €1,064,617 | +€1.0m | +1,616% |
| Remuneration and social security | 454/9 | €14,797,917 | €8,673,808 | -€6.1m | -41.4% |
| Other amounts payable | 47/48 | €1,702,927 | €714,487 | -€988,440 | -58.0% |
| Accrued charges and deferred income | 492/3 | €17,639,737 | €11,912,256 | -€5.7m | -32.5% |
| Operating income | 70/76A | €744,779,389 | €2,003,065,490 | +€1.26bn | +169% |
| Turnover | 70 | €708,057,333 | €1,900,492,089 | +€1.19bn | +168% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €5,239,730 | €10,550,947 | +€5.3m | +101% |
| Own construction capitalised | 72 | €24,921,941 | - | -€24.9m | |
| Other operating income | 74 | €6,425,768 | €18,043,840 | +€11.6m | +181% |
| Non-recurring operating income | 76A | €134,617 | €73,978,614 | +€73.8m | +54,855% |
| Operating charges | 60/66A | €932,691,430 | €1,902,774,024 | +€970.1m | +104% |
| Goods for resale, raw materials and consumables | 60 | €708,295,191 | €1,707,187,948 | +€998.9m | +141% |
| Purchases | 600/8 | €720,935,037 | €1,701,713,825 | +€980.8m | +136% |
| Change in stocks: decrease (increase) | 609 | -€12,639,846 | €5,474,122 | +€18.1m | |
| Services and other goods | 61 | €89,831,024 | €96,368,268 | +€6.5m | +7.3% |
| Remuneration, social security and pensions | 62 | €50,819,304 | €53,743,321 | +€2.9m | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,626,816 | €46,860,679 | -€22.8m | -32.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,010,204 | €1,517,891 | +€507,687 | +50.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €12,149,407 | -€5,986,547 | -€18.1m | |
| Other operating charges | 640/8 | €959,484 | €2,603,534 | +€1.6m | +171% |
| Non-recurring operating charges | 66A | - | €478,929 | +€478,929 | |
| Operating profit (loss) | 9901 | -€187,912,040 | €100,291,466 | +€288.2m | |
| Financial income | 75/76B | €453,764 | €1,873,584 | +€1.4m | +313% |
| Recurring financial income | 75 | €453,764 | €1,873,584 | +€1.4m | +313% |
| Income from financial fixed assets | 750 | €54,731 | €98,447 | +€43,717 | +79.9% |
| Income from current assets | 751 | €8,172 | - | -€8,172 | |
| Other financial income | 752/9 | €390,861 | €1,775,136 | +€1.4m | +354% |
| Financial charges | 65/66B | €5,434,608 | €8,677,841 | +€3.2m | +59.7% |
| Recurring financial charges | 65 | €5,434,608 | €8,677,841 | +€3.2m | +59.7% |
| Debt charges | 650 | €4,286,353 | €7,004,547 | +€2.7m | +63.4% |
| Other financial charges | 652/9 | €1,148,255 | €1,673,294 | +€525,039 | +45.7% |
| Profit (loss) for the period before taxes | 9903 | -€192,892,885 | €93,487,208 | +€286.4m | |
| Income taxes | 67/77 | -€1,029,951 | €6,347,506 | +€7.4m | |
| Taxes | 670/3 | - | €6,562,357 | +€6.6m | |
| Tax adjustments and reversals of tax provisions | 77 | €1,029,951 | €214,850 | -€815,100 | -79.1% |
| Profit (loss) for the period | 9904 | -€191,862,934 | €87,139,702 | +€279.0m | |
| Profit (loss) for the period to be appropriated | 9905 | -€191,862,934 | €87,139,702 | +€279.0m |
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 15 October 2026 via checked.be.