ELECTRAVENT: what changed
Two fiscal 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.
ELECTRAVENT
Largest movements
- Stocks and contracts -€20,439
no longer reported in 2025 (was €20,439)
- Tangible fixed assets -€14,004
down €14,004 (-30.1%), from €46,549 to €32,546
of which Furniture and vehicles: -€12,869
- Cash -€4,894
down €4,894 (-34.7%), from €14,121 to €9,227
mainly Net result for the year (-€31,915) and Other debts (-€4,811)
- Receivables within one year +€1,215
new in 2025: €1,215
of which Trade receivables: +€1,186
- Profit (loss) carried forward -€31,915
down €31,915 (-15.7%), from -€203,439 to -€235,355
- Other debts -€4,811
down €4,811 (-3.9%), from €123,118 to €118,307
- Trade debts -€1,042
down €1,042 (-44.0%), from €2,370 to €1,328
- Gross operating margin -€27,503
down €27,503, from €12,696 to -€14,807
- Financial income -€15,018
down €15,018 (-100.0%), from €15,018 to €1
of which Non-recurring financial income: -€15,000
- Other operating charges -€667
down €667 (-54.1%), from €1,234 to €567
- Depreciation +€642
up €642 (+4.1%), from €15,493 to €16,135
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.
Cash bridge derived
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 | €81,430 | €43,772 | -€37,658 | -46.2% |
| Fixed assets | 21/28 | €46,549 | €32,546 | -€14,004 | -30.1% |
| Tangible fixed assets | 22/27 | €46,549 | €32,546 | -€14,004 | -30.1% |
| Furniture and vehicles | 24 | €39,955 | €27,085 | -€12,869 | -32.2% |
| Leasing and similar rights | 25 | €6,595 | - | -€6,595 | |
| Other tangible fixed assets | 26 | - | €5,460 | +€5,460 | |
| Current assets | 29/58 | €34,881 | €11,226 | -€23,654 | -67.8% |
| Stocks and contracts in progress | 3 | €20,439 | - | -€20,439 | |
| Stocks | 30/36 | €20,439 | - | -€20,439 | |
| Amounts receivable within one year | 40/41 | - | €1,215 | +€1,215 | |
| Trade receivables | 40 | - | €1,186 | +€1,186 | |
| Other amounts receivable | 41 | - | €29 | +€29 | |
| Current investments | 50/53 | - | €34 | +€34 | |
| Cash at bank and in hand | 54/58 | €14,121 | €9,227 | -€4,894 | -34.7% |
| Deferred charges and accrued income | 490/1 | €321 | €750 | +€429 | +133.7% |
| Total equity and liabilities | 10/49 | €81,430 | €43,772 | -€37,658 | -46.2% |
| Equity | 10/15 | -€45,439 | -€77,355 | -€31,915 | -70.2% |
| Contributions | 10/11 | €158,000 | €158,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€203,439 | -€235,355 | -€31,915 | -15.7% |
| Amounts payable | 17/49 | €126,870 | €121,127 | -€5,743 | -4.5% |
| Amounts payable within one year | 42/48 | €126,870 | €121,127 | -€5,743 | -4.5% |
| Trade debts | 44 | €2,370 | €1,328 | -€1,042 | -44.0% |
| Suppliers | 440/4 | €2,370 | €1,328 | -€1,042 | -44.0% |
| Taxes, remuneration and social security | 45 | €1,381 | €1,491 | +€110 | +8.0% |
| Taxes | 450/3 | €1,381 | €1,491 | +€110 | +8.0% |
| Other amounts payable | 47/48 | €123,118 | €118,307 | -€4,811 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,493 | €16,135 | +€642 | +4.1% |
| Other operating charges | 640/8 | €1,234 | €567 | -€667 | -54.1% |
| Gross operating margin | 9900 | €12,696 | -€14,807 | -€27,503 | |
| Operating profit (loss) | 9901 | -€4,030 | -€31,509 | -€27,478 | -681.8% |
| Financial income | 75/76B | €15,018 | €1 | -€15,018 | -100.0% |
| Recurring financial income | 75 | €18 | €1 | -€18 | -96.8% |
| Non-recurring financial income | 76B | €15,000 | - | -€15,000 | |
| Financial charges | 65/66B | €285 | €186 | -€99 | -34.8% |
| Recurring financial charges | 65 | €285 | €186 | -€99 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | €10,704 | -€31,694 | -€42,397 | |
| Income taxes | 67/77 | €334 | €222 | -€112 | -33.6% |
| Profit (loss) for the period | 9904 | €10,370 | -€31,915 | -€42,285 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,370 | -€31,915 | -€42,285 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.