ELECTRON LIBRE: what changed
ELECTRON LIBRE
Largest movements
- Tangible fixed assets -€37,307
no longer reported in 2023 (was €37,307)
of which Plant, machinery and equipment: -€28,005
- Cash +€6,214
up €6,214 (+195%), from €3,184 to €9,398
mainly Net result for the year (+€40,645) and Investment in fixed assets (net) (+€37,782)
- Receivables within one year -€2,623
down €2,623 (-9.4%), from €27,948 to €25,325
of which Trade receivables: -€9,396
- Deferred charges and accrued income +€1,671
new in 2023: €1,671
- Stocks and contracts -€1,285
no longer reported in 2023 (was €1,285)
- Profit (loss) carried forward +€40,645
up €40,645 (+49.4%), from -€82,213 to -€41,569
- Trade debts -€33,437
down €33,437 (-42.8%), from €78,119 to €44,682
- Other debts -€23,114
no longer reported in 2023 (was €23,114)
- Advances received -€15,825
no longer reported in 2023 (was €15,825)
- Tax, wage and social debts -€2,479
down €2,479 (-15.6%), from €15,935 to €13,456
of which Remuneration and social security: -€8,790
- Gross operating margin +€129,187
up €129,187, from -€21,973 to €107,213
- Depreciation -€18,637
down €18,637 (-97.9%), from €19,042 to €405
- Write-downs +€9,534
up €9,534 (+387%), from €2,466 to €12,000
- Staff costs +€5,412
up €5,412 (+95.1%), from €5,690 to €11,103
- Financial charges +€2,542
up €2,542 (+89.2%), from €2,852 to €5,394
Change in the result, 2022 to 2023
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 2022 and 2023 balance sheets and the 2023 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 | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,780 | €36,569 | -€34,210 | -48.3% |
| Fixed assets | 21/28 | €38,362 | €175 | -€38,187 | -99.5% |
| Tangible fixed assets | 22/27 | €37,307 | - | -€37,307 | |
| Plant, machinery and equipment | 23 | €28,005 | - | -€28,005 | |
| Furniture and vehicles | 24 | €1,174 | - | -€1,174 | |
| Other tangible fixed assets | 26 | €8,127 | - | -€8,127 | |
| Financial fixed assets | 28 | €1,055 | €175 | -€880 | -83.4% |
| Current assets | 29/58 | €32,418 | €36,394 | +€3,977 | +12.3% |
| Stocks and contracts in progress | 3 | €1,285 | - | -€1,285 | |
| Stocks | 30/36 | €1,285 | - | -€1,285 | |
| Amounts receivable within one year | 40/41 | €27,948 | €25,325 | -€2,623 | -9.4% |
| Trade receivables | 40 | €27,948 | €18,552 | -€9,396 | -33.6% |
| Other amounts receivable | 41 | - | €6,773 | +€6,773 | |
| Cash at bank and in hand | 54/58 | €3,184 | €9,398 | +€6,214 | +195% |
| Deferred charges and accrued income | 490/1 | - | €1,671 | +€1,671 | |
| Total equity and liabilities | 10/49 | €70,780 | €36,569 | -€34,210 | -48.3% |
| Equity | 10/15 | -€62,213 | -€21,569 | +€40,645 | +65.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,213 | -€41,569 | +€40,645 | +49.4% |
| Amounts payable | 17/49 | €132,993 | €58,138 | -€74,855 | -56.3% |
| Amounts payable within one year | 42/48 | €132,993 | €58,138 | -€74,855 | -56.3% |
| Trade debts | 44 | €78,119 | €44,682 | -€33,437 | -42.8% |
| Suppliers | 440/4 | €78,119 | €44,682 | -€33,437 | -42.8% |
| Advances received on contracts in progress | 46 | €15,825 | - | -€15,825 | |
| Taxes, remuneration and social security | 45 | €15,935 | €13,456 | -€2,479 | -15.6% |
| Taxes | 450/3 | €6,065 | €12,376 | +€6,311 | +104% |
| Remuneration and social security | 454/9 | €9,871 | €1,080 | -€8,790 | -89.1% |
| Other amounts payable | 47/48 | €23,114 | - | -€23,114 | |
| Remuneration, social security and pensions | 62 | €5,690 | €11,103 | +€5,412 | +95.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,042 | €405 | -€18,637 | -97.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,466 | €12,000 | +€9,534 | +387% |
| Other operating charges | 640/8 | €2,985 | €787 | -€2,198 | -73.6% |
| Non-recurring operating charges | 66A | €222 | €36,984 | +€36,762 | +16,560% |
| Gross operating margin | 9900 | -€21,973 | €107,213 | +€129,187 | |
| Operating profit (loss) | 9901 | -€52,378 | €45,934 | +€98,312 | |
| Financial income | 75/76B | €10 | €105 | +€94 | +931% |
| Recurring financial income | 75 | €10 | €105 | +€94 | +931% |
| Financial charges | 65/66B | €2,852 | €5,394 | +€2,542 | +89.2% |
| Recurring financial charges | 65 | €2,852 | €5,394 | +€2,542 | +89.2% |
| Profit (loss) for the period before taxes | 9903 | -€55,220 | €40,645 | +€95,864 | |
| Profit (loss) for the period | 9904 | -€55,220 | €40,645 | +€95,864 | |
| Profit (loss) for the period to be appropriated | 9905 | -€55,220 | €40,645 | +€95,864 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.