ELEC PLUS: 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.
ELEC PLUS
Largest movements
- Cash -€6,609
down €6,609 (-30.9%), from €21,378 to €14,769
mainly Debts after one year (-€10,026) and Investment in fixed assets (net) (-€5,324)
- Tangible fixed assets +€2,199
up €2,199 (+5.2%), from €42,157 to €44,356
of which Plant, machinery and equipment: +€2,744
- Debts after one year -€10,026
down €10,026 (-10.7%), from €94,026 to €84,000
of which Financial debts: -€10,026
- Profit (loss) carried forward +€9,707
up €9,707 (+8.7%), from -€110,986 to -€101,278
- Other debts -€4,137
down €4,137 (-34.5%), from €12,000 to €7,863
- Gross operating margin -€11,573
down €11,573 (-36.1%), from €32,093 to €20,520
- Financial charges +€1,246
up €1,246 (+635%), from €196 to €1,442
- Other operating charges -€1,035
down €1,035 (-14.1%), from €7,328 to €6,293
- Depreciation +€691
up €691 (+28.4%), from €2,434 to €3,125
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 | €66,535 | €62,126 | -€4,410 | -6.6% |
| Fixed assets | 21/28 | €42,157 | €44,356 | +€2,199 | +5.2% |
| Tangible fixed assets | 22/27 | €42,157 | €44,356 | +€2,199 | +5.2% |
| Land and buildings | 22 | €28,681 | €28,681 | = | 0.0% |
| Plant, machinery and equipment | 23 | €11,905 | €14,649 | +€2,744 | +23.0% |
| Furniture and vehicles | 24 | €1,571 | €1,026 | -€544 | -34.7% |
| Current assets | 29/58 | €24,378 | €17,769 | -€6,609 | -27.1% |
| Current investments | 50/53 | €3,000 | €3,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,378 | €14,769 | -€6,609 | -30.9% |
| Total equity and liabilities | 10/49 | €66,535 | €62,126 | -€4,410 | -6.6% |
| Equity | 10/15 | -€40,057 | -€30,350 | +€9,707 | +24.2% |
| Contributions | 10/11 | €57,016 | €57,016 | = | 0.0% |
| Contributions outside capital | 11 | €57,016 | €57,016 | = | 0.0% |
| Other | 1109/19 | €57,016 | €57,016 | = | 0.0% |
| Reserves | 13 | €13,913 | €13,913 | = | 0.0% |
| Distributable reserves | 133 | €13,913 | €13,913 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,986 | -€101,278 | +€9,707 | +8.7% |
| Amounts payable | 17/49 | €106,592 | €92,475 | -€14,117 | -13.2% |
| Amounts payable after more than one year | 17 | €94,026 | €84,000 | -€10,026 | -10.7% |
| Financial debts | 170/4 | €91,026 | €81,000 | -€10,026 | -11.0% |
| Other amounts payable | 178/9 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €12,566 | €8,475 | -€4,091 | -32.6% |
| Trade debts | 44 | €566 | €612 | +€45 | +8.0% |
| Suppliers | 440/4 | €566 | €612 | +€45 | +8.0% |
| Other amounts payable | 47/48 | €12,000 | €7,863 | -€4,137 | -34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,434 | €3,125 | +€691 | +28.4% |
| Other operating charges | 640/8 | €7,328 | €6,293 | -€1,035 | -14.1% |
| Gross operating margin | 9900 | €32,093 | €20,520 | -€11,573 | -36.1% |
| Operating profit (loss) | 9901 | €22,331 | €11,101 | -€11,229 | -50.3% |
| Financial income | 75/76B | €6 | €48 | +€42 | +708% |
| Recurring financial income | 75 | €6 | €48 | +€42 | +708% |
| Financial charges | 65/66B | €196 | €1,442 | +€1,246 | +635% |
| Recurring financial charges | 65 | €196 | €1,442 | +€1,246 | +635% |
| Profit (loss) for the period before taxes | 9903 | €22,140 | €9,707 | -€12,433 | -56.2% |
| Profit (loss) for the period | 9904 | €22,140 | €9,707 | -€12,433 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,140 | €9,707 | -€12,433 | -56.2% |
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 18 October 2026 via checked.be.