Algemene electrowikkelingen: 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.
Algemene electrowikkelingen
Largest movements
- Tangible fixed assets -€17,273
down €17,273 (-30.6%), from €56,392 to €39,119
of which Furniture and vehicles: -€14,548
- Cash +€12,435
up €12,435 (+125%), from €9,933 to €22,368
mainly Depreciation (+€17,273) and Receivables within one year (+€10,874)
- Receivables within one year -€10,874
down €10,874 (-20.9%), from €52,148 to €41,275
of which Trade receivables: -€13,260
- Debts after one year -€11,087
down €11,087 (-43.5%), from €25,474 to €14,386
- Current portion of long-term debt -€5,582
down €5,582 (-33.5%), from €16,670 to €11,087
- Tax, wage and social debts -€4,591
down €4,591 (-17.8%), from €25,747 to €21,157
- Trade debts +€3,742
up €3,742 (+39.4%), from €9,492 to €13,234
- Gross operating margin +€3,879
up €3,879 (+16.1%), from €24,158 to €28,037
- Other operating charges +€1,552
up €1,552 (+90.0%), from €1,724 to €3,276
- Taxes +€1,183
up €1,183 (+78.5%), from €1,507 to €2,690
- Financial charges -€758
down €758 (-25.9%), from €2,921 to €2,163
- Write-downs +€345
new in 2025: €345
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 | €118,473 | €102,849 | -€15,624 | -13.2% |
| Fixed assets | 21/28 | €56,392 | €39,119 | -€17,273 | -30.6% |
| Tangible fixed assets | 22/27 | €56,392 | €39,119 | -€17,273 | -30.6% |
| Land and buildings | 22 | €15,028 | €14,103 | -€925 | -6.2% |
| Plant, machinery and equipment | 23 | €2,244 | €444 | -€1,800 | -80.2% |
| Furniture and vehicles | 24 | €39,120 | €24,572 | -€14,548 | -37.2% |
| Current assets | 29/58 | €62,081 | €63,730 | +€1,649 | +2.7% |
| Amounts receivable within one year | 40/41 | €52,148 | €41,275 | -€10,874 | -20.9% |
| Trade receivables | 40 | €50,104 | €36,845 | -€13,260 | -26.5% |
| Other amounts receivable | 41 | €2,044 | €4,430 | +€2,386 | +117% |
| Cash at bank and in hand | 54/58 | €9,933 | €22,368 | +€12,435 | +125% |
| Deferred charges and accrued income | 490/1 | - | €88 | +€88 | |
| Total equity and liabilities | 10/49 | €118,473 | €102,849 | -€15,624 | -13.2% |
| Equity | 10/15 | €41,090 | €42,985 | +€1,895 | +4.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €39,323 | €40,485 | +€1,162 | +3.0% |
| Distributable reserves | 133 | €39,323 | €40,485 | +€1,162 | +3.0% |
| Profit (loss) carried forward | 14 | -€734 | €0 | +€734 | |
| Amounts payable | 17/49 | €77,383 | €59,864 | -€17,519 | -22.6% |
| Amounts payable after more than one year | 17 | €25,474 | €14,386 | -€11,087 | -43.5% |
| Financial debts | 170/4 | €25,474 | €14,386 | -€11,087 | -43.5% |
| Amounts payable within one year | 42/48 | €51,909 | €45,478 | -€6,431 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €16,670 | €11,087 | -€5,582 | -33.5% |
| Trade debts | 44 | €9,492 | €13,234 | +€3,742 | +39.4% |
| Suppliers | 440/4 | €9,492 | €13,234 | +€3,742 | +39.4% |
| Taxes, remuneration and social security | 45 | €25,747 | €21,157 | -€4,591 | -17.8% |
| Taxes | 450/3 | €25,747 | €21,157 | -€4,591 | -17.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €3,164 | €0 | -€3,164 | -100% |
| Remuneration, social security and pensions | 62 | €540 | €395 | -€144 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,503 | €17,273 | -€230 | -1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €345 | +€345 | |
| Other operating charges | 640/8 | €1,724 | €3,276 | +€1,552 | +90.0% |
| Gross operating margin | 9900 | €24,158 | €28,037 | +€3,879 | +16.1% |
| Operating profit (loss) | 9901 | €4,392 | €6,748 | +€2,356 | +53.6% |
| Financial income | 75/76B | €110 | €0 | -€110 | -99.6% |
| Recurring financial income | 75 | €110 | €0 | -€110 | -99.6% |
| Financial charges | 65/66B | €2,921 | €2,163 | -€758 | -25.9% |
| Recurring financial charges | 65 | €2,921 | €2,163 | -€758 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €1,582 | €4,585 | +€3,004 | +190% |
| Income taxes | 67/77 | €1,507 | €2,690 | +€1,183 | +78.5% |
| Profit (loss) for the period | 9904 | €75 | €1,895 | +€1,820 | +2,436% |
| Profit (loss) for the period to be appropriated | 9905 | €75 | €1,895 | +€1,820 | +2,436% |
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 24 October 2026 via checked.be.