ELECTRO BETON: 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.
ELECTRO BETON
Largest movements
- Current investments -€496,532
down €496,532 (-4.7%), from €10.6m to €10.1m
- Tangible fixed assets +€150,000
up €150,000 (+28.5%), from €525,930 to €675,930
- Reserves -€355,165
down €355,165 (-3.4%), from €10.3m to €10.0m
of which Distributable reserves: -€355,165
- Other debts +€200,000
up €200,000 (+50.0%), from €400,000 to €600,000
- Accrued charges and deferred income -€142,945
down €142,945 (-44.1%), from €324,330 to €181,385
- Financial income -€85,649
down €85,649 (-19.9%), from €429,686 to €344,037
- Depreciation +€18,000
new in 2025: €18,000
- Taxes -€15,296
down €15,296 (-26.9%), from €56,934 to €41,638
- Financial charges -€7,681
down €7,681 (-41.8%), from €18,387 to €10,706
of which Financial charges: -€7,681
- Gross operating margin -€6,535
down €6,535 (-39.1%), from -€16,699 to -€23,234
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 | €11,116,350 | €10,809,175 | -€307,176 | -2.8% |
| Fixed assets | 21/28 | €525,930 | €675,930 | +€150,000 | +28.5% |
| Tangible fixed assets | 22/27 | €525,930 | €675,930 | +€150,000 | +28.5% |
| Land and buildings | 22 | €525,930 | €675,930 | +€150,000 | +28.5% |
| Current assets | 29/58 | €10,590,420 | €10,133,245 | -€457,176 | -4.3% |
| Amounts receivable within one year | 40/41 | €4,862 | €13,751 | +€8,889 | +183% |
| Trade receivables | 40 | €287 | €284 | -€3 | -0.9% |
| Other amounts receivable | 41 | €4,575 | €13,467 | +€8,892 | +194% |
| Current investments | 50/53 | €10,557,784 | €10,061,253 | -€496,532 | -4.7% |
| Cash at bank and in hand | 54/58 | €27,774 | €58,241 | +€30,467 | +110% |
| Total equity and liabilities | 10/49 | €11,116,350 | €10,809,175 | -€307,176 | -2.8% |
| Equity | 10/15 | €10,382,908 | €10,027,743 | -€355,165 | -3.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €10,307,908 | €9,952,743 | -€355,165 | -3.4% |
| Non-distributable reserves | 130/1 | €2,202,007 | €2,202,007 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,194,507 | €2,194,507 | = | 0.0% |
| Distributable reserves | 133 | €8,105,901 | €7,750,736 | -€355,165 | -4.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €733,442 | €781,432 | +€47,990 | +6.5% |
| Amounts payable within one year | 42/48 | €409,113 | €600,047 | +€190,935 | +46.7% |
| Trade debts | 44 | €2,012 | €47 | -€1,965 | -97.7% |
| Suppliers | 440/4 | €2,012 | €47 | -€1,965 | -97.7% |
| Taxes, remuneration and social security | 45 | €7,100 | €0 | -€7,100 | -100% |
| Taxes | 450/3 | €7,100 | €0 | -€7,100 | -100% |
| Other amounts payable | 47/48 | €400,000 | €600,000 | +€200,000 | +50.0% |
| Accrued charges and deferred income | 492/3 | €324,330 | €181,385 | -€142,945 | -44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €18,000 | +€18,000 | |
| Other operating charges | 640/8 | €5,524 | €5,625 | +€101 | +1.8% |
| Gross operating margin | 9900 | -€16,699 | -€23,234 | -€6,535 | -39.1% |
| Operating profit (loss) | 9901 | -€22,222 | -€46,859 | -€24,636 | -111% |
| Financial income | 75/76B | €429,686 | €344,037 | -€85,649 | -19.9% |
| Recurring financial income | 75 | €429,686 | €344,037 | -€85,649 | -19.9% |
| Financial charges | 65/66B | €18,387 | €10,706 | -€7,681 | -41.8% |
| Recurring financial charges | 65 | €18,387 | €10,706 | -€7,681 | -41.8% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €389,077 | €286,472 | -€102,604 | -26.4% |
| Income taxes | 67/77 | €56,934 | €41,638 | -€15,296 | -26.9% |
| Profit (loss) for the period | 9904 | €332,143 | €244,835 | -€87,308 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €332,143 | €244,835 | -€87,308 | -26.3% |
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 30 October 2026 via checked.be.