ELECTRICAL ENGINEERING & CONSULTING BELGIUM: 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.
ELECTRICAL ENGINEERING & CONSULTING BELGIUM
Largest movements
- Receivables within one year -€54,623
down €54,623 (-84.9%), from €64,352 to €9,729
of which Trade receivables: -€49,139
- Cash -€54,289
down €54,289 (-24.1%), from €225,337 to €171,048
mainly Trade debts (-€58,621) and Accrued charges and deferred income (-€39,359)
- Tangible fixed assets -€4,951
down €4,951 (-42.5%), from €11,646 to €6,695
- Trade debts -€58,621
down €58,621 (-82.2%), from €71,316 to €12,695
- Accrued charges and deferred income -€39,359
no longer reported in 2025 (was €39,359)
- Tax, wage and social debts -€14,812
down €14,812 (-83.9%), from €17,650 to €2,839
- Other debts -€14,468
down €14,468 (-92.7%), from €15,607 to €1,139
- Reserves +€13,397
up €13,397 (+15.5%), from €86,469 to €99,866
of which Distributable reserves: +€13,397
- Gross operating margin -€47,630
down €47,630 (-63.1%), from €75,535 to €27,904
- Taxes -€14,276
down €14,276 (-59.8%), from €23,865 to €9,589
- Other operating charges -€1,211
down €1,211 (-60.4%), from €2,005 to €795
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 | €301,335 | €187,472 | -€113,862 | -37.8% |
| Fixed assets | 21/28 | €11,646 | €6,695 | -€4,951 | -42.5% |
| Tangible fixed assets | 22/27 | €11,646 | €6,695 | -€4,951 | -42.5% |
| Furniture and vehicles | 24 | €11,646 | €6,695 | -€4,951 | -42.5% |
| Current assets | 29/58 | €289,689 | €180,777 | -€108,912 | -37.6% |
| Amounts receivable within one year | 40/41 | €64,352 | €9,729 | -€54,623 | -84.9% |
| Trade receivables | 40 | €57,708 | €8,569 | -€49,139 | -85.2% |
| Other amounts receivable | 41 | €6,644 | €1,160 | -€5,484 | -82.5% |
| Cash at bank and in hand | 54/58 | €225,337 | €171,048 | -€54,289 | -24.1% |
| Total equity and liabilities | 10/49 | €301,335 | €187,472 | -€113,862 | -37.8% |
| Equity | 10/15 | €157,402 | €170,800 | +€13,397 | +8.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €86,469 | €99,866 | +€13,397 | +15.5% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €84,469 | €97,866 | +€13,397 | +15.9% |
| Profit (loss) carried forward | 14 | €50,933 | €50,933 | = | 0.0% |
| Amounts payable | 17/49 | €143,932 | €16,673 | -€127,260 | -88.4% |
| Amounts payable within one year | 42/48 | €104,574 | €16,673 | -€87,901 | -84.1% |
| Trade debts | 44 | €71,316 | €12,695 | -€58,621 | -82.2% |
| Suppliers | 440/4 | €71,316 | €12,695 | -€58,621 | -82.2% |
| Taxes, remuneration and social security | 45 | €17,650 | €2,839 | -€14,812 | -83.9% |
| Taxes | 450/3 | €17,650 | €2,839 | -€14,812 | -83.9% |
| Other amounts payable | 47/48 | €15,607 | €1,139 | -€14,468 | -92.7% |
| Accrued charges and deferred income | 492/3 | €39,359 | - | -€39,359 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,747 | €4,951 | +€204 | +4.3% |
| Other operating charges | 640/8 | €2,005 | €795 | -€1,211 | -60.4% |
| Gross operating margin | 9900 | €75,535 | €27,904 | -€47,630 | -63.1% |
| Operating profit (loss) | 9901 | €68,782 | €22,159 | -€46,623 | -67.8% |
| Financial income | 75/76B | €266 | €970 | +€705 | +265% |
| Recurring financial income | 75 | €266 | €970 | +€705 | +265% |
| Financial charges | 65/66B | €379 | €143 | -€236 | -62.3% |
| Recurring financial charges | 65 | €379 | €143 | -€236 | -62.3% |
| Profit (loss) for the period before taxes | 9903 | €68,669 | €22,987 | -€45,683 | -66.5% |
| Income taxes | 67/77 | €23,865 | €9,589 | -€14,276 | -59.8% |
| Profit (loss) for the period | 9904 | €44,804 | €13,397 | -€31,406 | -70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,804 | €13,397 | -€31,406 | -70.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.