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ELECTRIP 2: what changed

Two fiscal 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.

What changed

ELECTRIP 2

BE 0755.867.154
NACE 43.990, Other specialised construction activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,168
2024 · €18,128-€15,960
Equity
€44,350
2024 · €42,182+€2,168
Cash
€27,936
2024 · €6,144+€21,793
Balance sheet total
€132,669
2024 · €80,612+€52,057

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€24,237

    up €24,237 (+246.8%), from €9,820 to €34,057

  • Cash +€21,793

    up €21,793 (+354.7%), from €6,144 to €27,936

    mainly Debts after one year (+€31,580) and Trade debts (+€15,850)

  • Receivables within one year +€6,027

    up €6,027 (+9.3%), from €64,649 to €70,676

    of which Other amounts receivable: +€21,733

Equity and liabilities
  • Debts after one year +€31,580

    new in 2025: €31,580

  • Trade debts +€15,850

    up €15,850 (+84.9%), from €18,659 to €34,508

    of which Suppliers: +€9,614

  • Tax, wage and social debts +€7,544

    up €7,544 (+161.0%), from €4,686 to €12,230

    of which Taxes: +€5,731

  • Other debts -€5,085

    down €5,085 (-33.7%), from €15,085 to €10,000

  • Profit (loss) carried forward +€2,168

    up €2,168 (+5.5%), from €39,182 to €41,350

Income statement
  • Turnover -€39,729

    down €39,729 (-9.1%), from €434,624 to €394,895

  • Purchases and services -€35,379

    down €35,379 (-8.9%), from €398,141 to €362,762

  • Staff costs +€18,932

    up €18,932 (+869.2%), from €2,178 to €21,111

  • Taxes -€6,912

    down €6,912 (-85.8%), from €8,055 to €1,143

  • Gross operating margin -€4,350

    down €4,350 (-11.9%), from €36,483 to €32,133

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €18,128
Gross operating margin -€4,350
Staff costs -€18,932
Depreciation +€542
Other operating charges +€258
Financial charges -€381
Taxes +€6,912
Deferred taxes and other -€9
Result 2025 €2,168

Cash bridge derived

cash 2024 to 2025

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.

From operations +€20,459
Investment -€30,247
Financing +€31,580
Cash 2024 €6,144
Net result for the year +€2,168
Depreciation +€6,010
Receivables within one year -€6,027
Trade debts +€15,850
Tax, wage and social debts +€7,544
Other debts -€5,085
Investment in fixed assets (net) -€30,247
Debts after one year +€31,580
Cash 2025 €27,936
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €80,612 €132,669 +€52,057 +64.6%
Fixed assets 21/28 €9,820 €34,057 +€24,237 +246.8%
Tangible fixed assets 22/27 €9,820 €34,057 +€24,237 +246.8%
Furniture and vehicles 24 €9,820 €34,057 +€24,237 +246.8%
Current assets 29/58 €70,792 €98,612 +€27,820 +39.3%
Amounts receivable within one year 40/41 €64,649 €70,676 +€6,027 +9.3%
Trade receivables 40 €61,691 €45,985 -€15,706 -25.5%
Other amounts receivable 41 €2,958 €24,691 +€21,733 +734.8%
Cash at bank and in hand 54/58 €6,144 €27,936 +€21,793 +354.7%
Total equity and liabilities 10/49 €80,612 €132,669 +€52,057 +64.6%
Equity 10/15 €42,182 €44,350 +€2,168 +5.1%
Contributions 10/11 €3,000 €3,000 = 0.0%
Outside capital 11 €3,000 €3,000 = 0.0%
Other 1109/19 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €39,182 €41,350 +€2,168 +5.5%
Amounts payable 17/49 €38,430 €88,319 +€49,889 +129.8%
Amounts payable after more than one year 17 - €31,580 +€31,580
Financial debts 170/4 - €31,580 +€31,580
Amounts payable within one year 42/48 €38,430 €56,739 +€18,309 +47.6%
Trade debts 44 €18,659 €34,508 +€15,850 +84.9%
Suppliers 440/4 €18,010 €27,624 +€9,614 +53.4%
Bills of exchange payable 441 €648 €6,884 +€6,236 +961.6%
Taxes, remuneration and social security 45 €4,686 €12,230 +€7,544 +161.0%
Taxes 450/3 €4,686 €10,417 +€5,731 +122.3%
Remuneration and social security 454/9 - €1,813 +€1,813
Other amounts payable 47/48 €15,085 €10,000 -€5,085 -33.7%
Turnover 70 €434,624 €394,895 -€39,729 -9.1%
Goods, raw materials, services and sundry goods 60/61 €398,141 €362,762 -€35,379 -8.9%
Remuneration, social security and pensions 62 €2,178 €21,111 +€18,932 +869.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,552 €6,010 -€542 -8.3%
Other operating charges 640/8 €888 €630 -€258 -29.1%
Gross operating margin 9900 €36,483 €32,133 -€4,350 -11.9%
Operating profit (loss) 9901 €26,865 €4,383 -€22,482 -83.7%
Financial charges 65/66B €691 €1,072 +€381 +55.2%
Recurring financial charges 65 €691 €1,072 +€381 +55.2%
Profit (loss) for the period before taxes 9903 €26,174 €3,311 -€22,863 -87.3%
Transfer from deferred taxes 780 €9 - -€9
Income taxes 67/77 €8,055 €1,143 -€6,912 -85.8%
Profit (loss) for the period 9904 €18,128 €2,168 -€15,960 -88.0%
Profit (loss) for the period to be appropriated 9905 €18,128 €2,168 -€15,960 -88.0%

Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.