ELECTRO BAUMANS: 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.
ELECTRO BAUMANS
Largest movements
- Cash +€40,283
up €40,283 (+17.4%), from €231,791 to €272,073
mainly Net result for the year (+€40,835) and Other debts (+€10,131)
- Receivables within one year +€4,784
up €4,784 (+105.2%), from €4,545 to €9,329
of which Trade receivables: +€7,111
- Reserves +€30,835
up €30,835 (+12.1%), from €255,747 to €286,582
- Other debts +€10,131
up €10,131 (+145.5%), from €6,964 to €17,095
- Tax, wage and social debts +€7,372
up €7,372 (+88.0%), from €8,382 to €15,754
of which Taxes: +€7,372
- Gross operating margin +€33,585
up €33,585 (+180.0%), from €18,663 to €52,247
- Taxes +€6,911
up €6,911 (+132.8%), from €5,202 to €12,113
- Other operating charges -€1,325
down €1,325 (-54.1%), from €2,448 to €1,123
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 | €297,877 | €343,761 | +€45,884 | +15.4% |
| Fixed assets | 21/28 | €2,350 | €4,932 | +€2,582 | +109.8% |
| Tangible fixed assets | 22/27 | €2,350 | €4,932 | +€2,582 | +109.8% |
| Plant, machinery and equipment | 23 | €2,350 | €1,672 | -€679 | -28.9% |
| Furniture and vehicles | 24 | - | €3,261 | +€3,261 | |
| Current assets | 29/58 | €295,527 | €338,829 | +€43,302 | +14.7% |
| Stocks and contracts in progress | 3 | €57,175 | €55,184 | -€1,992 | -3.5% |
| Stocks | 30/36 | €57,175 | €55,184 | -€1,992 | -3.5% |
| Amounts receivable within one year | 40/41 | €4,545 | €9,329 | +€4,784 | +105.2% |
| Trade receivables | 40 | €2,218 | €9,329 | +€7,111 | +320.6% |
| Other amounts receivable | 41 | €2,327 | €0 | -€2,327 | -100.0% |
| Current investments | 50/53 | €620 | €620 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €231,791 | €272,073 | +€40,283 | +17.4% |
| Deferred charges and accrued income | 490/1 | €1,396 | €1,623 | +€227 | +16.3% |
| Total equity and liabilities | 10/49 | €297,877 | €343,761 | +€45,884 | +15.4% |
| Equity | 10/15 | €275,747 | €306,582 | +€30,835 | +11.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €255,747 | €286,582 | +€30,835 | +12.1% |
| Distributable reserves | 133 | €255,747 | €286,582 | +€30,835 | +12.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €22,130 | €37,179 | +€15,049 | +68.0% |
| Amounts payable within one year | 42/48 | €22,130 | €37,179 | +€15,049 | +68.0% |
| Trade debts | 44 | €6,784 | €4,330 | -€2,455 | -36.2% |
| Suppliers | 440/4 | €6,784 | €4,330 | -€2,455 | -36.2% |
| Taxes, remuneration and social security | 45 | €8,382 | €15,754 | +€7,372 | +88.0% |
| Taxes | 450/3 | €6,387 | €13,759 | +€7,372 | +115.4% |
| Remuneration and social security | 454/9 | €1,995 | €1,995 | = | 0.0% |
| Other amounts payable | 47/48 | €6,964 | €17,095 | +€10,131 | +145.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €477 | €691 | +€213 | +44.7% |
| Other operating charges | 640/8 | €2,448 | €1,123 | -€1,325 | -54.1% |
| Gross operating margin | 9900 | €18,663 | €52,247 | +€33,585 | +180.0% |
| Operating profit (loss) | 9901 | €15,738 | €50,434 | +€34,696 | +220.5% |
| Financial income | 75/76B | €3,795 | €3,827 | +€32 | +0.9% |
| Recurring financial income | 75 | €3,795 | €3,827 | +€32 | +0.9% |
| Financial charges | 65/66B | €866 | €1,313 | +€448 | +51.7% |
| Recurring financial charges | 65 | €866 | €1,313 | +€448 | +51.7% |
| Profit (loss) for the period before taxes | 9903 | €18,667 | €52,947 | +€34,280 | +183.6% |
| Income taxes | 67/77 | €5,202 | €12,113 | +€6,911 | +132.8% |
| Profit (loss) for the period | 9904 | €13,465 | €40,835 | +€27,370 | +203.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,465 | €40,835 | +€27,370 | +203.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.