ELECTRICITE CUITTE: 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.
ELECTRICITE CUITTE
Largest movements
- Receivables within one year -€13,444
down €13,444 (-33.5%), from €40,076 to €26,632
of which Trade receivables: -€11,975
- Cash +€2,134
up €2,134 (+332%), from €643 to €2,777
mainly Receivables within one year (+€13,444) and Debts after one year (+€8,299)
- Tangible fixed assets +€1,923
up €1,923 (+29.3%), from €6,558 to €8,481
of which Furniture and vehicles: +€2,777
- Deferred charges and accrued income -€610
down €610 (-72.1%), from €845 to €236
- Trade debts -€12,412
down €12,412 (-79.7%), from €15,583 to €3,171
- Debts after one year +€8,299
new in 2025: €8,299
- Tax, wage and social debts -€3,423
down €3,423 (-90.4%), from €3,788 to €365
of which Taxes: -€1,726
- Other debts -€2,465
down €2,465 (-42.6%), from €5,786 to €3,321
- Gross operating margin +€8,481
up €8,481 (+327%), from €2,590 to €11,071
- Write-downs +€4,282
up €4,282, from €0 to €4,282
- Depreciation +€3,492
up €3,492 (+242%), from €1,443 to €4,935
- Other operating charges +€327
up €327 (+34.0%), from €962 to €1,288
- Taxes +€194
up €194 (+1,208%), from €16 to €210
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 | €50,115 | €40,314 | -€9,800 | -19.6% |
| Fixed assets | 21/28 | €6,558 | €8,481 | +€1,923 | +29.3% |
| Tangible fixed assets | 22/27 | €6,558 | €8,481 | +€1,923 | +29.3% |
| Plant, machinery and equipment | 23 | €1,009 | €580 | -€429 | -42.5% |
| Furniture and vehicles | 24 | €5,059 | €7,837 | +€2,777 | +54.9% |
| Other tangible fixed assets | 26 | €489 | €64 | -€425 | -86.9% |
| Current assets | 29/58 | €43,557 | €31,833 | -€11,724 | -26.9% |
| Stocks and contracts in progress | 3 | €1,993 | €2,188 | +€195 | +9.8% |
| Stocks | 30/36 | €1,993 | €2,188 | +€195 | +9.8% |
| Amounts receivable within one year | 40/41 | €40,076 | €26,632 | -€13,444 | -33.5% |
| Trade receivables | 40 | €38,558 | €26,583 | -€11,975 | -31.1% |
| Other amounts receivable | 41 | €1,518 | €49 | -€1,468 | -96.7% |
| Cash at bank and in hand | 54/58 | €643 | €2,777 | +€2,134 | +332% |
| Deferred charges and accrued income | 490/1 | €845 | €236 | -€610 | -72.1% |
| Total equity and liabilities | 10/49 | €50,115 | €40,314 | -€9,800 | -19.6% |
| Equity | 10/15 | €24,684 | €24,886 | +€202 | +0.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,624 | €16,826 | +€202 | +1.2% |
| Amounts payable | 17/49 | €25,430 | €15,428 | -€10,002 | -39.3% |
| Amounts payable after more than one year | 17 | - | €8,299 | +€8,299 | |
| Other amounts payable | 178/9 | - | €8,299 | +€8,299 | |
| Amounts payable within one year | 42/48 | €25,157 | €6,858 | -€18,300 | -72.7% |
| Trade debts | 44 | €15,583 | €3,171 | -€12,412 | -79.7% |
| Suppliers | 440/4 | €15,583 | €3,171 | -€12,412 | -79.7% |
| Taxes, remuneration and social security | 45 | €3,788 | €365 | -€3,423 | -90.4% |
| Taxes | 450/3 | €1,936 | €210 | -€1,726 | -89.1% |
| Remuneration and social security | 454/9 | €1,852 | €155 | -€1,697 | -91.6% |
| Other amounts payable | 47/48 | €5,786 | €3,321 | -€2,465 | -42.6% |
| Accrued charges and deferred income | 492/3 | €273 | €271 | -€2 | -0.6% |
| Non-recurring operating income | 76A | €300 | €0 | -€300 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,443 | €4,935 | +€3,492 | +242% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €4,282 | +€4,282 | |
| Other operating charges | 640/8 | €962 | €1,288 | +€327 | +34.0% |
| Gross operating margin | 9900 | €2,590 | €11,071 | +€8,481 | +327% |
| Operating profit (loss) | 9901 | €185 | €565 | +€380 | +205% |
| Financial income | 75/76B | €94 | €12 | -€82 | -87.0% |
| Recurring financial income | 75 | €94 | €12 | -€82 | -87.0% |
| Financial charges | 65/66B | €133 | €165 | +€31 | +23.5% |
| Recurring financial charges | 65 | €133 | €165 | +€31 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €146 | €413 | +€267 | +183% |
| Income taxes | 67/77 | €16 | €210 | +€194 | +1,208% |
| Profit (loss) for the period | 9904 | €130 | €202 | +€73 | +56.0% |
| Profit (loss) for the period to be appropriated | 9905 | €130 | €202 | +€73 | +56.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.