ELECTRO BUTAYE: 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 BUTAYE
Largest movements
- Cash +€570,156
up €570,156 (+2,242%), from €25,434 to €595,590
mainly Investment in fixed assets (net) (+€371,692) and Receivables within one year (+€177,925)
- Tangible fixed assets -€395,821
down €395,821 (-70.4%), from €562,642 to €166,821
of which Land and buildings: -€374,253
- Receivables within one year -€177,925
down €177,925 (-73.1%), from €243,332 to €65,407
of which Other amounts receivable: -€175,599
- Profit (loss) carried forward -€208,978
down €208,978 (-100%), from €208,978 to €0
- Reserves +€180,458
up €180,458 (+50.2%), from €359,586 to €540,044
of which Distributable reserves: +€180,458
- Other debts +€46,782
up €46,782 (+65.0%), from €71,991 to €118,773
- Debts after one year -€22,500
down €22,500 (-70.6%), from €31,875 to €9,375
- Gross operating margin -€19,045
down €19,045 (-10.4%), from €183,454 to €164,409
- Taxes -€4,766
down €4,766 (-10.6%), from €45,077 to €40,311
- Financial charges +€4,617
up €4,617 (+436%), from €1,059 to €5,676
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 | €831,408 | €828,482 | -€2,927 | -0.4% |
| Fixed assets | 21/28 | €562,642 | €166,821 | -€395,821 | -70.4% |
| Tangible fixed assets | 22/27 | €562,642 | €166,821 | -€395,821 | -70.4% |
| Land and buildings | 22 | €519,857 | €145,604 | -€374,253 | -72.0% |
| Plant, machinery and equipment | 23 | €1,045 | €633 | -€412 | -39.5% |
| Furniture and vehicles | 24 | €41,740 | €20,584 | -€21,156 | -50.7% |
| Current assets | 29/58 | €268,766 | €661,661 | +€392,895 | +146% |
| Amounts receivable within one year | 40/41 | €243,332 | €65,407 | -€177,925 | -73.1% |
| Trade receivables | 40 | €11,767 | €9,441 | -€2,326 | -19.8% |
| Other amounts receivable | 41 | €231,565 | €55,966 | -€175,599 | -75.8% |
| Cash at bank and in hand | 54/58 | €25,434 | €595,590 | +€570,156 | +2,242% |
| Deferred charges and accrued income | 490/1 | - | €663 | +€663 | |
| Total equity and liabilities | 10/49 | €831,408 | €828,482 | -€2,927 | -0.4% |
| Equity | 10/15 | €587,159 | €558,639 | -€28,520 | -4.9% |
| Contributions | 10/11 | €18,595 | €18,595 | = | 0.0% |
| Reserves | 13 | €359,586 | €540,044 | +€180,458 | +50.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €359,586 | €540,044 | +€180,458 | +50.2% |
| Profit (loss) carried forward | 14 | €208,978 | €0 | -€208,978 | -100% |
| Provisions and deferred taxes | 16 | €60,000 | €60,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €60,000 | €60,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable | 17/49 | €184,249 | €209,843 | +€25,593 | +13.9% |
| Amounts payable after more than one year | 17 | €31,875 | €9,375 | -€22,500 | -70.6% |
| Financial debts | 170/4 | €31,875 | €9,375 | -€22,500 | -70.6% |
| Amounts payable within one year | 42/48 | €150,012 | €200,006 | +€49,994 | +33.3% |
| Current portion of amounts payable after more than one year | 42 | €22,500 | €22,500 | = | 0.0% |
| Trade debts | 44 | €10,275 | €5,563 | -€4,713 | -45.9% |
| Suppliers | 440/4 | €10,275 | €5,563 | -€4,713 | -45.9% |
| Taxes, remuneration and social security | 45 | €45,246 | €53,170 | +€7,924 | +17.5% |
| Taxes | 450/3 | €26,712 | €53,170 | +€26,458 | +99.0% |
| Remuneration and social security | 454/9 | €18,534 | €0 | -€18,534 | -100% |
| Other amounts payable | 47/48 | €71,991 | €118,773 | +€46,782 | +65.0% |
| Accrued charges and deferred income | 492/3 | €2,363 | €462 | -€1,900 | -80.4% |
| Non-recurring operating income | 76A | €142,804 | €167,280 | +€24,476 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,682 | €24,130 | -€552 | -2.2% |
| Other operating charges | 640/8 | €4,104 | €2,414 | -€1,690 | -41.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €183,454 | €164,409 | -€19,045 | -10.4% |
| Operating profit (loss) | 9901 | €154,668 | €137,865 | -€16,803 | -10.9% |
| Financial income | 75/76B | €1,368 | €435 | -€933 | -68.2% |
| Recurring financial income | 75 | €1,368 | €435 | -€933 | -68.2% |
| Financial charges | 65/66B | €1,059 | €5,676 | +€4,617 | +436% |
| Recurring financial charges | 65 | €1,059 | €5,676 | +€4,617 | +436% |
| Profit (loss) for the period before taxes | 9903 | €154,977 | €132,624 | -€22,353 | -14.4% |
| Income taxes | 67/77 | €45,077 | €40,311 | -€4,766 | -10.6% |
| Profit (loss) for the period | 9904 | €109,900 | €92,313 | -€17,587 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €109,900 | €92,313 | -€17,587 | -16.0% |
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 17 October 2026 via checked.be.