ELECTRICITE LOUIS ERIC: what changed
ELECTRICITE LOUIS ERIC
Largest movements
- Receivables within one year +€31,234
up €31,234 (+198%), from €15,738 to €46,972
of which Trade receivables: +€20,438
- Current investments -€30,000
down €30,000 (-100%), from €30,000 to €0
- Tangible fixed assets -€12,718
down €12,718 (-30.2%), from €42,159 to €29,441
of which Furniture and vehicles: -€12,737
- Cash -€8,427
down €8,427 (-19.5%), from €43,317 to €34,890
mainly Receivables within one year (-€31,234) and Debts after one year (-€5,620)
- Debts after one year -€5,620
down €5,620 (-36.3%), from €15,498 to €9,878
- Profit (loss) carried forward -€4,838
down €4,838 (-5.9%), from €82,574 to €77,736
- Current portion of long-term debt -€4,780
down €4,780 (-46.0%), from €10,400 to €5,620
- Trade debts -€4,696
down €4,696 (-58.3%), from €8,052 to €3,356
- Staff costs +€40,756
new in 2025: €40,756
- Gross operating margin +€36,747
up €36,747 (+213%), from €17,246 to €53,993
- Taxes -€7,286
down €7,286 (-96.3%), from €7,569 to €283
- Depreciation +€3,554
up €3,554 (+26.1%), from €13,628 to €17,182
- Financial income +€889
up €889 (+8,082%), from €11 to €900
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,490 | €118,664 | -€19,826 | -14.3% |
| Fixed assets | 21/28 | €42,159 | €29,441 | -€12,718 | -30.2% |
| Tangible fixed assets | 22/27 | €42,159 | €29,441 | -€12,718 | -30.2% |
| Plant, machinery and equipment | 23 | €2,663 | €2,682 | +€19 | +0.7% |
| Furniture and vehicles | 24 | €39,496 | €26,759 | -€12,737 | -32.2% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €96,331 | €89,224 | -€7,107 | -7.4% |
| Stocks and contracts in progress | 3 | €7,276 | €7,362 | +€86 | +1.2% |
| Stocks | 30/36 | €7,276 | €7,362 | +€86 | +1.2% |
| Amounts receivable within one year | 40/41 | €15,738 | €46,972 | +€31,234 | +198% |
| Trade receivables | 40 | €1,642 | €22,080 | +€20,438 | +1,245% |
| Other amounts receivable | 41 | €14,096 | €24,892 | +€10,796 | +76.6% |
| Current investments | 50/53 | €30,000 | €0 | -€30,000 | -100% |
| Cash at bank and in hand | 54/58 | €43,317 | €34,890 | -€8,427 | -19.5% |
| Total equity and liabilities | 10/49 | €138,490 | €118,664 | -€19,826 | -14.3% |
| Equity | 10/15 | €103,034 | €98,196 | -€4,838 | -4.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,574 | €77,736 | -€4,838 | -5.9% |
| Amounts payable | 17/49 | €35,456 | €20,469 | -€14,987 | -42.3% |
| Amounts payable after more than one year | 17 | €15,498 | €9,878 | -€5,620 | -36.3% |
| Financial debts | 170/4 | €15,498 | €9,878 | -€5,620 | -36.3% |
| Amounts payable within one year | 42/48 | €19,958 | €10,590 | -€9,368 | -46.9% |
| Current portion of amounts payable after more than one year | 42 | €10,400 | €5,620 | -€4,780 | -46.0% |
| Trade debts | 44 | €8,052 | €3,356 | -€4,696 | -58.3% |
| Suppliers | 440/4 | €8,052 | €3,356 | -€4,696 | -58.3% |
| Other amounts payable | 47/48 | €1,506 | €1,614 | +€108 | +7.2% |
| Remuneration, social security and pensions | 62 | - | €40,756 | +€40,756 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,628 | €17,182 | +€3,554 | +26.1% |
| Other operating charges | 640/8 | €263 | €684 | +€421 | +160% |
| Gross operating margin | 9900 | €17,246 | €53,993 | +€36,747 | +213% |
| Operating profit (loss) | 9901 | €3,355 | -€4,629 | -€7,984 | |
| Financial income | 75/76B | €11 | €900 | +€889 | +8,082% |
| Recurring financial income | 75 | €11 | €900 | +€889 | +8,082% |
| Financial charges | 65/66B | €715 | €826 | +€111 | +15.5% |
| Recurring financial charges | 65 | €715 | €826 | +€111 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | €2,651 | -€4,555 | -€7,206 | |
| Income taxes | 67/77 | €7,569 | €283 | -€7,286 | -96.3% |
| Profit (loss) for the period | 9904 | -€4,918 | -€4,839 | +€79 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,918 | -€4,839 | +€79 | +1.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.