Electri Projects: 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.
Electri Projects
Largest movements
- Receivables within one year -€147,158
down €147,158 (-28.5%), from €516,670 to €369,513
of which Other amounts receivable: -€186,832
- Cash -€107,339
down €107,339 (-66.9%), from €160,508 to €53,169
mainly Other debts (-€145,000) and Advances received (-€121,904)
- Stocks and contracts +€60,446
up €60,446 (+47.2%), from €128,160 to €188,606
- Tangible fixed assets +€42,609
up €42,609 (+111.2%), from €38,322 to €80,931
- Financial fixed assets +€21,100
up €21,100 (+471.0%), from €4,480 to €25,580
- Other debts -€145,000
down €145,000 (-53.7%), from €270,000 to €125,000
- Advances received -€121,904
down €121,904 (-47.9%), from €254,440 to €132,536
- Reserves +€78,636
up €78,636 (+50.0%), from €157,262 to €235,897
- Tax, wage and social debts +€43,556
up €43,556 (+45.6%), from €95,521 to €139,076
of which Remuneration and social security: +€44,461
- Gross operating margin +€99,396
up €99,396 (+15.0%), from €661,995 to €761,391
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 | €863,732 | €731,780 | -€131,952 | -15.3% |
| Fixed assets | 21/28 | €48,181 | €108,464 | +€60,283 | +125.1% |
| Intangible fixed assets | 21 | €5,379 | €1,953 | -€3,426 | -63.7% |
| Tangible fixed assets | 22/27 | €38,322 | €80,931 | +€42,609 | +111.2% |
| Furniture and vehicles | 24 | €38,322 | €80,931 | +€42,609 | +111.2% |
| Financial fixed assets | 28 | €4,480 | €25,580 | +€21,100 | +471.0% |
| Current assets | 29/58 | €815,551 | €623,316 | -€192,235 | -23.6% |
| Stocks and contracts in progress | 3 | €128,160 | €188,606 | +€60,446 | +47.2% |
| Contracts in progress | 37 | €128,160 | €188,606 | +€60,446 | +47.2% |
| Amounts receivable within one year | 40/41 | €516,670 | €369,513 | -€147,158 | -28.5% |
| Trade receivables | 40 | €204,683 | €244,357 | +€39,675 | +19.4% |
| Other amounts receivable | 41 | €311,987 | €125,155 | -€186,832 | -59.9% |
| Cash at bank and in hand | 54/58 | €160,508 | €53,169 | -€107,339 | -66.9% |
| Deferred charges and accrued income | 490/1 | €10,213 | €12,029 | +€1,815 | +17.8% |
| Total equity and liabilities | 10/49 | €863,732 | €731,780 | -€131,952 | -15.3% |
| Equity | 10/15 | €175,862 | €254,497 | +€78,636 | +44.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €157,262 | €235,897 | +€78,636 | +50.0% |
| Distributable reserves | 133 | €157,262 | €235,897 | +€78,636 | +50.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €7,399 | +€7,399 | |
| Provisions for liabilities and charges | 160/5 | - | €7,399 | +€7,399 | |
| Other liabilities and charges | 164/5 | - | €7,399 | +€7,399 | |
| Amounts payable | 17/49 | €687,871 | €469,884 | -€217,987 | -31.7% |
| Amounts payable within one year | 42/48 | €687,871 | €469,780 | -€218,090 | -31.7% |
| Trade debts | 44 | €67,910 | €73,168 | +€5,258 | +7.7% |
| Suppliers | 440/4 | €67,910 | €73,168 | +€5,258 | +7.7% |
| Advances received on contracts in progress | 46 | €254,440 | €132,536 | -€121,904 | -47.9% |
| Taxes, remuneration and social security | 45 | €95,521 | €139,076 | +€43,556 | +45.6% |
| Taxes | 450/3 | €23,055 | €22,150 | -€906 | -3.9% |
| Remuneration and social security | 454/9 | €72,465 | €116,927 | +€44,461 | +61.4% |
| Other amounts payable | 47/48 | €270,000 | €125,000 | -€145,000 | -53.7% |
| Accrued charges and deferred income | 492/3 | - | €103 | +€103 | |
| Remuneration, social security and pensions | 62 | €504,448 | €511,531 | +€7,082 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,696 | €18,995 | -€3,701 | -16.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €24,727 | €25,778 | +€1,051 | +4.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €7,399 | +€7,399 | |
| Other operating charges | 640/8 | €3,094 | €2,806 | -€289 | -9.3% |
| Gross operating margin | 9900 | €661,995 | €761,391 | +€99,396 | +15.0% |
| Operating profit (loss) | 9901 | €107,030 | €194,882 | +€87,853 | +82.1% |
| Financial income | 75/76B | €2,332 | €9,326 | +€6,994 | +299.9% |
| Recurring financial income | 75 | €2,332 | €9,326 | +€6,994 | +299.9% |
| Financial charges | 65/66B | €220 | €1,493 | +€1,272 | +577.3% |
| Recurring financial charges | 65 | €220 | €1,493 | +€1,272 | +577.3% |
| Profit (loss) for the period before taxes | 9903 | €109,141 | €202,716 | +€93,574 | +85.7% |
| Income taxes | 67/77 | €30,667 | €34,080 | +€3,413 | +11.1% |
| Profit (loss) for the period | 9904 | €78,474 | €168,636 | +€90,161 | +114.9% |
| Profit (loss) for the period to be appropriated | 9905 | €78,474 | €168,636 | +€90,161 | +114.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.