ELECTRICITEITSWERKEN E.W.A.: 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.
ELECTRICITEITSWERKEN E.W.A.
Largest movements
- Receivables within one year -€14,679
down €14,679 (-94.9%), from €15,476 to €797
of which Trade receivables: -€11,594
- Deferred charges and accrued income -€1,614
down €1,614 (-94.0%), from €1,717 to €103
- Stocks and contracts +€395
up €395 (+2.2%), from €17,755 to €18,150
- Cash -€391
no longer reported in 2025 (was €391)
mainly Trade debts (-€19,780) and Net result for the year (-€15,015)
- Other debts +€20,579
up €20,579 (+133%), from €15,478 to €36,057
- Trade debts -€19,780
down €19,780 (-59.0%), from €33,542 to €13,762
- Profit (loss) carried forward -€15,015
down €15,015 (-16.0%), from -€93,802 to -€108,816
- Tax, wage and social debts +€2,368
up €2,368 (+1,018%), from €233 to €2,601
- Short-term financial debts -€2,327
down €2,327 (-12.3%), from €18,991 to €16,665
- Gross operating margin -€13,287
down €13,287, from €3,407 to -€9,880
- Financial charges -€1,826
down €1,826 (-32.1%), from €5,692 to €3,866
- Financial income -€922
down €922 (-100.0%), from €922 to €0
- Taxes -€233
no longer reported in 2025 (was €233)
- Other operating charges -€129
down €129 (-15.0%), from €857 to €728
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 | €38,537 | €22,255 | -€16,282 | -42.2% |
| Fixed assets | 21/28 | €3,199 | €3,205 | +€7 | +0.2% |
| Tangible fixed assets | 22/27 | €3,199 | €3,205 | +€7 | +0.2% |
| Land and buildings | 22 | €3,199 | €2,662 | -€537 | -16.8% |
| Furniture and vehicles | 24 | - | €543 | +€543 | |
| Current assets | 29/58 | €35,338 | €19,050 | -€16,288 | -46.1% |
| Stocks and contracts in progress | 3 | €17,755 | €18,150 | +€395 | +2.2% |
| Stocks | 30/36 | €17,755 | €18,150 | +€395 | +2.2% |
| Amounts receivable within one year | 40/41 | €15,476 | €797 | -€14,679 | -94.9% |
| Trade receivables | 40 | €12,390 | €797 | -€11,594 | -93.6% |
| Other amounts receivable | 41 | €3,085 | - | -€3,085 | |
| Cash at bank and in hand | 54/58 | €391 | - | -€391 | |
| Deferred charges and accrued income | 490/1 | €1,717 | €103 | -€1,614 | -94.0% |
| Total equity and liabilities | 10/49 | €38,537 | €22,255 | -€16,282 | -42.2% |
| Equity | 10/15 | -€31,815 | -€46,829 | -€15,015 | -47.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | - | €18,592 | +€18,592 | |
| Other | 1109/19 | - | €18,592 | +€18,592 | |
| Reserves | 13 | €43,395 | €43,395 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €41,536 | €41,536 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,802 | -€108,816 | -€15,015 | -16.0% |
| Amounts payable | 17/49 | €70,352 | €69,085 | -€1,267 | -1.8% |
| Amounts payable within one year | 42/48 | €70,352 | €69,085 | -€1,267 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €2,107 | - | -€2,107 | |
| Financial debts | 43 | €18,991 | €16,665 | -€2,327 | -12.3% |
| Credit institutions | 430/8 | €18,991 | €16,665 | -€2,327 | -12.3% |
| Trade debts | 44 | €33,542 | €13,762 | -€19,780 | -59.0% |
| Suppliers | 440/4 | €33,542 | €13,762 | -€19,780 | -59.0% |
| Taxes, remuneration and social security | 45 | €233 | €2,601 | +€2,368 | +1,018% |
| Taxes | 450/3 | €233 | €2,601 | +€2,368 | +1,018% |
| Other amounts payable | 47/48 | €15,478 | €36,057 | +€20,579 | +133% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €537 | €541 | +€4 | +0.7% |
| Other operating charges | 640/8 | €857 | €728 | -€129 | -15.0% |
| Gross operating margin | 9900 | €3,407 | -€9,880 | -€13,287 | |
| Operating profit (loss) | 9901 | €2,014 | -€11,148 | -€13,162 | |
| Financial income | 75/76B | €922 | €0 | -€922 | -100.0% |
| Recurring financial income | 75 | €922 | €0 | -€922 | -100.0% |
| Financial charges | 65/66B | €5,692 | €3,866 | -€1,826 | -32.1% |
| Recurring financial charges | 65 | €5,692 | €3,866 | -€1,826 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,756 | -€15,015 | -€12,258 | -445% |
| Income taxes | 67/77 | €233 | - | -€233 | |
| Profit (loss) for the period | 9904 | -€2,989 | -€15,015 | -€12,026 | -402% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,989 | -€15,015 | -€12,026 | -402% |
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 29 October 2026 via checked.be.