Electrical converter, comprising: two first nodes (X, Z) and a switch node (sn), a flying capacitor circuit comprising at least one flying capacitor (C 1, C 2) and a plurality of first switching devices (S 1a, S 1b, S 2a, S 2b, S 3a, S 3b) operable to convert between a first signal at the first nodes and a second signal at the switch node, a balancing circuit (53, 63, 73, 83) for balancing a voltage of the at least one flying capacitor, and a plurality of DC-bus voltage sources (C iXY, C iYZ, C iXY1, C iY1Y2, C iY2Z) connected in series between the two first nodes (X, Z), wherein the balancing circuit comprises an inductor (L B,1) and at least one second switching device (D B,a1, D B,a2, D B,b1, D B,b2, S B,a1, S B,a2, S B,b1, S B,b2) connected to a terminal of the at least one flying capacitor, wherein the at least one second switching device comprises an actively operated switching device (S B,a1, S B,a2, S B,b1, S B,b2) configured to connect the at least one flying capacitor in parallel with a DC-bus voltage source (C iXY, C iYZ, C iXY1, C iY1Y2, C iY2Z) or in parallel with another capacitor of the at least one flying capacitor for discharging the at least one flying capacitor, wherein the inductor and the at least one flying capacitor are connected in series when the at least one switching device is configured to connect the at least one flying capacitor in parallel with the voltage source or the another capacitor, and wherein the inductor (L B,1) is connected to an intermediate node (Y, Y1, Y2) between the plurality of series connected DC-bus voltage sources, characterised in that the electrical converter comprises a control unit configured to implement time differentiation logic in order to operate the actively operated switching device (S B,a1, S B,a2, S B,b1, S B,b2) to discharge the at least one flying capacitor with a time delay compared to synchronous operation with a respective one of the plurality of first switching devices (S 1a, S 1b, S 2a, S 2b, S 3a, S 3b), wherein the time delay is configured to: delay turn on of the actively operated switching device with respect to a turn-on instant of the respective one of the plurality of first switching devices (S 1a, S 1b, S 2a, S 2b, S 3a, S 3b), and/or reduce an on-time of the actively operated switching device (S B,a1, S B,a2, S B,b1, S B,b2) compared to an on-time of the respective one of the plurality of first switching devices (S 1a, S 1b, S 2a, S 2b, S 3a, S 3b). two first nodes (X, Z) and a switch node (sn), a flying capacitor circuit comprising at least one flying capacitor (C 1, C 2) and a plurality of first switching devices (S 1a, S 1b, S 2a, S 2b, S 3a, S 3b) operable to convert between a first signal at the first nodes and a second signal at the switch node, a balancing circuit (53, 63, 73, 83) for balancing a voltage of the at least one flying capacitor, and a plurality of DC-bus voltage sources (C iXY, C iYZ, C iXY1, C iY1Y2, C iY2Z) connected in series between the two first nodes (X, Z), wherein the balancing circuit comprises an inductor (L B,1) and at least one second switching device (D B,a1, D B,a2, D B,b1, D B,b2, S B,a1, S B,a2, S B,b1, S B,b2) connected to a terminal of the at least one flying capacitor, wherein the at least one second switching device comprises an actively operated switching device (S B,a1, S B,a2, S B,b1, S B,b2) configured to connect the at least one flying capacitor in parallel with a DC-bus voltage source (C iXY, C iYZ, C iXY1, C iY1Y2, C iY2Z) or in parallel with another capacitor of the at least one flying capacitor for discharging the at least one flying capacitor, wherein the inductor and the at least one flying capacitor are connected in series when the at least one switching device is configured to connect the at least one flying capacitor in parallel with the voltage source or the another capacitor, and wherein the inductor (L B,1) is connected to an intermediate node (Y, Y1, Y2) between the plurality of series connected DC-bus voltage sources, characterised in that the electrical converter comprises a control unit configured to implement time differentiation logic in order to operate the actively operated switching device (S B,a1, S B,a2, S B,b1, S B,b2) to discharge the at least one flying capacitor with a time delay compared to synchronous operation with a respective one of the plurality of first switching devices (S 1a, S 1b, S 2a, S 2b, S 3a, S 3b), wherein the time delay is configured to: delay turn on of the actively operated switching device with respect to a turn-on instant of the respective one of the plurality of first switching devices (S 1a, S 1b, S 2a, S 2b, S 3a, S 3b), and/or reduce an on-time of the actively operated switching device (S B,a1, S B,a2, S B,b1, S B,b2) compared to an on-time of the respective one of the plurality of first switching devices (S 1a, S 1b, S 2a, S 2b, S 3a, S 3b).