ELECTRIK: 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.
ELECTRIK
Largest movements
- Tangible fixed assets -€22,053
down €22,053 (-17.1%), from €128,896 to €106,843
of which Land and buildings: -€14,608
- Receivables within one year +€13,829
up €13,829 (+37.6%), from €36,802 to €50,631
of which Other amounts receivable: +€10,670
- Stocks and contracts -€9,209
down €9,209 (-27.6%), from €33,400 to €24,191
of which Contracts in progress: -€9,209
- Deferred charges and accrued income +€4,269
new in 2025: €4,269
- Cash -€3,540
down €3,540 (-43.0%), from €8,226 to €4,687
mainly Debts after one year (-€19,241) and Receivables within one year (-€13,829)
- Debts after one year -€19,241
down €19,241 (-23.0%), from €83,833 to €64,592
- Tax, wage and social debts +€3,419
up €3,419 (+48.2%), from €7,094 to €10,513
- Short-term financial debts -€3,021
down €3,021 (-22.8%), from €13,239 to €10,218
- Gross operating margin -€16,494
down €16,494 (-31.3%), from €52,775 to €36,281
- Depreciation -€2,642
down €2,642 (-9.8%), from €26,960 to €24,318
- Other operating charges +€1,116
up €1,116 (+48.2%), from €2,314 to €3,430
- Financial charges -€628
down €628 (-9.8%), from €6,398 to €5,771
- Taxes -€536
down €536 (-16.7%), from €3,206 to €2,670
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.
Cash bridge derived
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 | €224,624 | €207,920 | -€16,705 | -7.4% |
| Fixed assets | 21/28 | €128,896 | €106,843 | -€22,053 | -17.1% |
| Tangible fixed assets | 22/27 | €128,896 | €106,843 | -€22,053 | -17.1% |
| Land and buildings | 22 | €104,344 | €89,736 | -€14,608 | -14.0% |
| Plant, machinery and equipment | 23 | €12,873 | €7,724 | -€5,150 | -40.0% |
| Furniture and vehicles | 24 | €11,679 | €9,384 | -€2,295 | -19.6% |
| Current assets | 29/58 | €95,728 | €101,076 | +€5,348 | +5.6% |
| Amounts receivable after more than one year | 29 | €17,300 | €17,300 | = | 0.0% |
| Other amounts receivable | 291 | €17,300 | €17,300 | = | 0.0% |
| Stocks and contracts in progress | 3 | €33,400 | €24,191 | -€9,209 | -27.6% |
| Stocks | 30/36 | €7,294 | €7,294 | = | 0.0% |
| Contracts in progress | 37 | €26,106 | €16,896 | -€9,209 | -35.3% |
| Amounts receivable within one year | 40/41 | €36,802 | €50,631 | +€13,829 | +37.6% |
| Trade receivables | 40 | €16,905 | €20,064 | +€3,158 | +18.7% |
| Other amounts receivable | 41 | €19,896 | €30,567 | +€10,670 | +53.6% |
| Cash at bank and in hand | 54/58 | €8,226 | €4,687 | -€3,540 | -43.0% |
| Deferred charges and accrued income | 490/1 | - | €4,269 | +€4,269 | |
| Total equity and liabilities | 10/49 | €224,624 | €207,920 | -€16,705 | -7.4% |
| Equity | 10/15 | €79,623 | €81,341 | +€1,719 | +2.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €61,073 | €62,791 | +€1,719 | +2.8% |
| Distributable reserves | 133 | €61,073 | €62,791 | +€1,719 | +2.8% |
| Amounts payable | 17/49 | €145,002 | €126,578 | -€18,423 | -12.7% |
| Amounts payable after more than one year | 17 | €83,833 | €64,592 | -€19,241 | -23.0% |
| Financial debts | 170/4 | €83,833 | €64,592 | -€19,241 | -23.0% |
| Amounts payable within one year | 42/48 | €60,769 | €61,986 | +€1,218 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €18,545 | €19,241 | +€696 | +3.8% |
| Financial debts | 43 | €13,239 | €10,218 | -€3,021 | -22.8% |
| Credit institutions | 430/8 | €13,239 | €10,218 | -€3,021 | -22.8% |
| Trade debts | 44 | €21,891 | €22,015 | +€124 | +0.6% |
| Suppliers | 440/4 | €21,891 | €22,015 | +€124 | +0.6% |
| Taxes, remuneration and social security | 45 | €7,094 | €10,513 | +€3,419 | +48.2% |
| Taxes | 450/3 | €7,094 | €10,513 | +€3,419 | +48.2% |
| Accrued charges and deferred income | 492/3 | €400 | - | -€400 | |
| Non-recurring operating income | 76A | - | €19,651 | +€19,651 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,960 | €24,318 | -€2,642 | -9.8% |
| Other operating charges | 640/8 | €2,314 | €3,430 | +€1,116 | +48.2% |
| Gross operating margin | 9900 | €52,775 | €36,281 | -€16,494 | -31.3% |
| Operating profit (loss) | 9901 | €23,500 | €8,532 | -€14,968 | -63.7% |
| Financial income | 75/76B | €1,207 | €1,627 | +€420 | +34.8% |
| Recurring financial income | 75 | €1,207 | €1,627 | +€420 | +34.8% |
| Financial charges | 65/66B | €6,398 | €5,771 | -€628 | -9.8% |
| Recurring financial charges | 65 | €6,398 | €5,771 | -€628 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €18,309 | €4,389 | -€13,920 | -76.0% |
| Income taxes | 67/77 | €3,206 | €2,670 | -€536 | -16.7% |
| Profit (loss) for the period | 9904 | €15,103 | €1,719 | -€13,384 | -88.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,103 | €1,719 | -€13,384 | -88.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.