ELECTRICITEITSWERKEN ELECTRO DRD: 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 ELECTRO DRD
Largest movements
- Receivables within one year -€77,841
down €77,841 (-22.9%), from €340,080 to €262,239
of which Trade receivables: -€80,536
- Tangible fixed assets -€24,150
down €24,150 (-59.1%), from €40,853 to €16,703
of which Furniture and vehicles: -€20,440
- Stocks and contracts +€17,241
up €17,241 (+82.8%), from €20,835 to €38,076
- Intangible fixed assets -€9,375
down €9,375 (-24.1%), from €38,938 to €29,563
- Profit (loss) carried forward -€70,295
down €70,295 (-20.4%), from -€344,475 to -€414,769
- Debts after one year -€17,340
down €17,340 (-21.3%), from €81,564 to €64,223
- Current portion of long-term debt -€9,190
down €9,190 (-57.3%), from €16,027 to €6,837
- Gross operating margin -€74,751
down €74,751 (-21.3%), from €351,026 to €276,274
- Staff costs -€25,565
down €25,565 (-9.1%), from €279,838 to €254,273
- Financial charges +€14,387
up €14,387 (+94.0%), from €15,307 to €29,694
- Taxes +€12,280
up €12,280 (+3,105%), from €396 to €12,676
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 | €451,004 | €356,888 | -€94,116 | -20.9% |
| Fixed assets | 21/28 | €82,791 | €49,266 | -€33,525 | -40.5% |
| Intangible fixed assets | 21 | €38,938 | €29,563 | -€9,375 | -24.1% |
| Tangible fixed assets | 22/27 | €40,853 | €16,703 | -€24,150 | -59.1% |
| Furniture and vehicles | 24 | €29,029 | €8,590 | -€20,440 | -70.4% |
| Other tangible fixed assets | 26 | €11,824 | €8,114 | -€3,711 | -31.4% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €368,213 | €307,622 | -€60,591 | -16.5% |
| Stocks and contracts in progress | 3 | €20,835 | €38,076 | +€17,241 | +82.8% |
| Stocks | 30/36 | €20,835 | €38,076 | +€17,241 | +82.8% |
| Amounts receivable within one year | 40/41 | €340,080 | €262,239 | -€77,841 | -22.9% |
| Trade receivables | 40 | €311,678 | €231,143 | -€80,536 | -25.8% |
| Other amounts receivable | 41 | €28,402 | €31,096 | +€2,694 | +9.5% |
| Cash at bank and in hand | 54/58 | €2,030 | €6,380 | +€4,350 | +214% |
| Deferred charges and accrued income | 490/1 | €5,267 | €926 | -€4,341 | -82.4% |
| Total equity and liabilities | 10/49 | €451,004 | €356,888 | -€94,116 | -20.9% |
| Equity | 10/15 | €75,977 | €5,682 | -€70,295 | -92.5% |
| Contributions | 10/11 | €418,592 | €418,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 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% |
| Profit (loss) carried forward | 14 | -€344,475 | -€414,769 | -€70,295 | -20.4% |
| Amounts payable | 17/49 | €375,027 | €351,206 | -€23,821 | -6.4% |
| Amounts payable after more than one year | 17 | €81,564 | €64,223 | -€17,340 | -21.3% |
| Financial debts | 170/4 | €81,564 | €64,223 | -€17,340 | -21.3% |
| Amounts payable within one year | 42/48 | €284,809 | €277,447 | -€7,362 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €16,027 | €6,837 | -€9,190 | -57.3% |
| Trade debts | 44 | €174,791 | €178,361 | +€3,570 | +2.0% |
| Suppliers | 440/4 | €174,791 | €178,361 | +€3,570 | +2.0% |
| Taxes, remuneration and social security | 45 | €93,990 | €92,248 | -€1,742 | -1.9% |
| Taxes | 450/3 | €21,659 | €18,495 | -€3,165 | -14.6% |
| Remuneration and social security | 454/9 | €72,331 | €73,754 | +€1,423 | +2.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €8,655 | €9,536 | +€881 | +10.2% |
| Remuneration, social security and pensions | 62 | €279,838 | €254,273 | -€25,565 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,954 | €30,820 | -€3,134 | -9.2% |
| Other operating charges | 640/8 | €20,129 | €22,093 | +€1,964 | +9.8% |
| Gross operating margin | 9900 | €351,026 | €276,274 | -€74,751 | -21.3% |
| Operating profit (loss) | 9901 | €17,105 | -€30,911 | -€48,016 | |
| Financial income | 75/76B | €948 | €2,986 | +€2,038 | +215% |
| Recurring financial income | 75 | €948 | €2,986 | +€2,038 | +215% |
| Financial charges | 65/66B | €15,307 | €29,694 | +€14,387 | +94.0% |
| Recurring financial charges | 65 | €15,307 | €29,694 | +€14,387 | +94.0% |
| Profit (loss) for the period before taxes | 9903 | €2,746 | -€57,619 | -€60,365 | |
| Income taxes | 67/77 | €396 | €12,676 | +€12,280 | +3,105% |
| Profit (loss) for the period | 9904 | €2,350 | -€70,295 | -€72,645 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,350 | -€70,295 | -€72,645 |
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 25 October 2026 via checked.be.