ELECTRO CAILLIAU: 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 CAILLIAU
Largest movements
- Cash -€37,389
down €37,389 (-67.8%), from €55,136 to €17,747
mainly Investment in fixed assets (net) (-€25,840) and Receivables within one year (-€25,545)
- Receivables within one year +€25,545
up €25,545 (+49.5%), from €51,574 to €77,118
of which Other amounts receivable: +€15,652
- Tangible fixed assets +€16,360
up €16,360 (+56.5%), from €28,973 to €45,333
of which Furniture and vehicles: +€8,900
- Other debts +€7,240
up €7,240 (+82.2%), from €8,807 to €16,047
- Reserves +€5,992
up €5,992 (+5.0%), from €118,837 to €124,829
- Advances received -€4,224
no longer reported in 2025 (was €4,224)
- Debts after one year -€3,978
down €3,978 (-31.0%), from €12,836 to €8,858
- Gross operating margin +€9,518
up €9,518 (+27.9%), from €34,081 to €43,599
- Depreciation +€1,799
up €1,799 (+23.4%), from €7,681 to €9,480
- Taxes -€898
down €898 (-9.9%), from €9,035 to €8,136
- Financial income -€504
down €504 (-22.9%), from €2,199 to €1,695
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 | €151,574 | €155,870 | +€4,296 | +2.8% |
| Fixed assets | 21/28 | €28,973 | €45,333 | +€16,360 | +56.5% |
| Tangible fixed assets | 22/27 | €28,973 | €45,333 | +€16,360 | +56.5% |
| Plant, machinery and equipment | 23 | €0 | €7,460 | +€7,460 | |
| Furniture and vehicles | 24 | €28,973 | €37,873 | +€8,900 | +30.7% |
| Current assets | 29/58 | €122,601 | €110,537 | -€12,063 | -9.8% |
| Stocks and contracts in progress | 3 | €15,469 | €15,130 | -€339 | -2.2% |
| Stocks | 30/36 | €15,469 | €3,950 | -€11,519 | -74.5% |
| Contracts in progress | 37 | - | €11,180 | +€11,180 | |
| Amounts receivable within one year | 40/41 | €51,574 | €77,118 | +€25,545 | +49.5% |
| Trade receivables | 40 | €29,115 | €39,007 | +€9,892 | +34.0% |
| Other amounts receivable | 41 | €22,459 | €38,111 | +€15,652 | +69.7% |
| Cash at bank and in hand | 54/58 | €55,136 | €17,747 | -€37,389 | -67.8% |
| Deferred charges and accrued income | 490/1 | €422 | €542 | +€120 | +28.4% |
| Total equity and liabilities | 10/49 | €151,574 | €155,870 | +€4,296 | +2.8% |
| Equity | 10/15 | €119,837 | €125,829 | +€5,992 | +5.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €118,837 | €124,829 | +€5,992 | +5.0% |
| Distributable reserves | 133 | €118,837 | €124,829 | +€5,992 | +5.0% |
| Amounts payable | 17/49 | €31,737 | €30,041 | -€1,696 | -5.3% |
| Amounts payable after more than one year | 17 | €12,836 | €8,858 | -€3,978 | -31.0% |
| Financial debts | 170/4 | €12,836 | €8,858 | -€3,978 | -31.0% |
| Amounts payable within one year | 42/48 | €18,900 | €21,183 | +€2,283 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €3,811 | €3,978 | +€167 | +4.4% |
| Trade debts | 44 | €1,751 | €1,157 | -€594 | -33.9% |
| Suppliers | 440/4 | €1,751 | €1,157 | -€594 | -33.9% |
| Advances received on contracts in progress | 46 | €4,224 | - | -€4,224 | |
| Taxes, remuneration and social security | 45 | €307 | - | -€307 | |
| Taxes | 450/3 | €307 | - | -€307 | |
| Other amounts payable | 47/48 | €8,807 | €16,047 | +€7,240 | +82.2% |
| Non-recurring operating income | 76A | €2,500 | - | -€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,681 | €9,480 | +€1,799 | +23.4% |
| Other operating charges | 640/8 | €1,503 | €1,206 | -€296 | -19.7% |
| Non-recurring operating charges | 66A | - | €2,672 | +€2,672 | |
| Gross operating margin | 9900 | €34,081 | €43,599 | +€9,518 | +27.9% |
| Operating profit (loss) | 9901 | €24,897 | €30,240 | +€5,343 | +21.5% |
| Financial income | 75/76B | €2,199 | €1,695 | -€504 | -22.9% |
| Recurring financial income | 75 | €2,199 | €1,695 | -€504 | -22.9% |
| Financial charges | 65/66B | €2,191 | €1,760 | -€431 | -19.7% |
| Recurring financial charges | 65 | €2,191 | €1,760 | -€431 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €24,906 | €30,175 | +€5,269 | +21.2% |
| Income taxes | 67/77 | €9,035 | €8,136 | -€898 | -9.9% |
| Profit (loss) for the period | 9904 | €15,871 | €22,039 | +€6,168 | +38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,871 | €22,039 | +€6,168 | +38.9% |
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 20 October 2026 via checked.be.