ELECTRICITE PAQUES: 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 PAQUES
Largest movements
- Cash -€8,556
down €8,556 (-10.3%), from €83,461 to €74,905
mainly Tax, wage and social debts (-€13,904) and Investment in fixed assets (net) (-€6,468)
- Tangible fixed assets +€2,195
up €2,195 (+20.6%), from €10,658 to €12,853
of which Furniture and vehicles: +€3,073
- Receivables within one year +€1,206
up €1,206 (+6.4%), from €18,827 to €20,033
of which Other amounts receivable: +€2,644
- Tax, wage and social debts -€13,904
down €13,904 (-80.2%), from €17,341 to €3,437
of which Taxes: -€13,285
- Reserves +€6,279
up €6,279 (+8.7%), from €72,335 to €78,614
- Trade debts +€3,088
up €3,088 (+62.6%), from €4,931 to €8,019
- Gross operating margin -€8,181
down €8,181 (-26.4%), from €31,039 to €22,859
- Staff costs -€7,361
down €7,361 (-88.5%), from €8,318 to €957
- Write-downs -€2,514
down €2,514 (-100%), from €2,514 to €0
- Depreciation +€985
up €985 (+29.9%), from €3,289 to €4,273
- Other operating charges +€727
up €727 (+70.8%), from €1,027 to €1,753
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 | €112,947 | €108,004 | -€4,943 | -4.4% |
| Fixed assets | 21/28 | €10,658 | €12,853 | +€2,195 | +20.6% |
| Tangible fixed assets | 22/27 | €10,658 | €12,853 | +€2,195 | +20.6% |
| Land and buildings | 22 | €269 | €135 | -€135 | -50.0% |
| Plant, machinery and equipment | 23 | €484 | €115 | -€369 | -76.2% |
| Furniture and vehicles | 24 | €6,568 | €9,641 | +€3,073 | +46.8% |
| Other tangible fixed assets | 26 | €3,336 | €2,962 | -€375 | -11.2% |
| Current assets | 29/58 | €102,289 | €95,151 | -€7,137 | -7.0% |
| Amounts receivable within one year | 40/41 | €18,827 | €20,033 | +€1,206 | +6.4% |
| Trade receivables | 40 | €18,412 | €16,974 | -€1,438 | -7.8% |
| Other amounts receivable | 41 | €415 | €3,059 | +€2,644 | +636% |
| Cash at bank and in hand | 54/58 | €83,461 | €74,905 | -€8,556 | -10.3% |
| Deferred charges and accrued income | 490/1 | - | €212 | +€212 | |
| Total equity and liabilities | 10/49 | €112,947 | €108,004 | -€4,943 | -4.4% |
| Equity | 10/15 | €85,520 | €91,798 | +€6,279 | +7.3% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Contributions outside capital | 11 | €7,500 | - | -€7,500 | |
| Other | 1109/19 | €7,500 | - | -€7,500 | |
| Reserves | 13 | €72,335 | €78,614 | +€6,279 | +8.7% |
| Distributable reserves | 133 | €72,335 | €78,614 | +€6,279 | +8.7% |
| Profit (loss) carried forward | 14 | €5,685 | €5,685 | = | 0.0% |
| Amounts payable | 17/49 | €27,427 | €16,206 | -€11,221 | -40.9% |
| Amounts payable within one year | 42/48 | €27,427 | €16,206 | -€11,221 | -40.9% |
| Trade debts | 44 | €4,931 | €8,019 | +€3,088 | +62.6% |
| Suppliers | 440/4 | €4,931 | €8,019 | +€3,088 | +62.6% |
| Taxes, remuneration and social security | 45 | €17,341 | €3,437 | -€13,904 | -80.2% |
| Taxes | 450/3 | €16,721 | €3,437 | -€13,285 | -79.4% |
| Remuneration and social security | 454/9 | €620 | €0 | -€620 | -100% |
| Other amounts payable | 47/48 | €5,155 | €4,750 | -€405 | -7.9% |
| Remuneration, social security and pensions | 62 | €8,318 | €957 | -€7,361 | -88.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,289 | €4,273 | +€985 | +29.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,514 | €0 | -€2,514 | -100% |
| Other operating charges | 640/8 | €1,027 | €1,753 | +€727 | +70.8% |
| Gross operating margin | 9900 | €31,039 | €22,859 | -€8,181 | -26.4% |
| Operating profit (loss) | 9901 | €15,893 | €15,875 | -€18 | -0.1% |
| Financial income | 75/76B | €68 | €384 | +€317 | +468% |
| Recurring financial income | 75 | €68 | €384 | +€317 | +468% |
| Financial charges | 65/66B | €758 | €279 | -€479 | -63.2% |
| Recurring financial charges | 65 | €758 | €279 | -€479 | -63.2% |
| Profit (loss) for the period before taxes | 9903 | €15,203 | €15,980 | +€778 | +5.1% |
| Income taxes | 67/77 | €4,387 | €4,701 | +€315 | +7.2% |
| Profit (loss) for the period | 9904 | €10,816 | €11,279 | +€463 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,816 | €11,279 | +€463 | +4.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.