ELECTRO CAURETTE: 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 CAURETTE
Largest movements
- Stocks and contracts +€55,499
up €55,499 (+39.8%), from €139,292 to €194,791
of which Stocks: +€52,376
- Cash -€33,231
down €33,231 (-30.4%), from €109,331 to €76,100
mainly Contributions, distributions and other (-€100,000) and Investment in fixed assets (net) (-€77,527)
- Tangible fixed assets +€28,203
up €28,203 (+6.6%), from €429,503 to €457,706
of which Land and buildings: +€58,104
- Receivables within one year -€20,150
down €20,150 (-7.0%), from €287,623 to €267,473
of which Other amounts receivable: -€40,136
- Other debts +€98,813
up €98,813 (+1033.8%), from €9,558 to €108,371
- Debts after one year -€44,010
down €44,010 (-13.3%), from €331,801 to €287,791
- Reserves -€38,000
down €38,000 (-7.4%), from €510,454 to €472,454
- Current portion of long-term debt +€20,587
up €20,587 (+136.5%), from €15,087 to €35,675
- Gross operating margin +€20,253
up €20,253 (+15.3%), from €132,039 to €152,292
- Financial charges +€10,524
up €10,524 (+173.4%), from €6,068 to €16,592
- Depreciation +€7,934
up €7,934 (+19.1%), from €41,489 to €49,424
- Taxes +€2,814
up €2,814 (+14.5%), from €19,454 to €22,267
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 | €980,769 | €1,014,846 | +€34,077 | +3.5% |
| Fixed assets | 21/28 | €434,499 | €462,602 | +€28,103 | +6.5% |
| Intangible fixed assets | 21 | €1,470 | €770 | -€700 | -47.6% |
| Tangible fixed assets | 22/27 | €429,503 | €457,706 | +€28,203 | +6.6% |
| Land and buildings | 22 | €354,034 | €412,138 | +€58,104 | +16.4% |
| Plant, machinery and equipment | 23 | €366 | €1,282 | +€916 | +250.3% |
| Furniture and vehicles | 24 | €75,104 | €44,286 | -€30,817 | -41.0% |
| Financial fixed assets | 28 | €3,526 | €4,126 | +€600 | +17.0% |
| Current assets | 29/58 | €546,270 | €552,244 | +€5,974 | +1.1% |
| Stocks and contracts in progress | 3 | €139,292 | €194,791 | +€55,499 | +39.8% |
| Stocks | 30/36 | €101,801 | €154,177 | +€52,376 | +51.4% |
| Contracts in progress | 37 | €37,490 | €40,613 | +€3,123 | +8.3% |
| Amounts receivable within one year | 40/41 | €287,623 | €267,473 | -€20,150 | -7.0% |
| Trade receivables | 40 | €224,334 | €244,320 | +€19,986 | +8.9% |
| Other amounts receivable | 41 | €63,289 | €23,153 | -€40,136 | -63.4% |
| Cash at bank and in hand | 54/58 | €109,331 | €76,100 | -€33,231 | -30.4% |
| Deferred charges and accrued income | 490/1 | €10,025 | €13,880 | +€3,855 | +38.5% |
| Total equity and liabilities | 10/49 | €980,769 | €1,014,846 | +€34,077 | +3.5% |
| Equity | 10/15 | €529,054 | €491,184 | -€37,870 | -7.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €510,454 | €472,454 | -€38,000 | -7.4% |
| Distributable reserves | 133 | €510,454 | €472,454 | -€38,000 | -7.4% |
| Profit (loss) carried forward | 14 | €0 | €130 | +€130 | |
| Amounts payable | 17/49 | €451,714 | €523,662 | +€71,947 | +15.9% |
| Amounts payable after more than one year | 17 | €331,801 | €287,791 | -€44,010 | -13.3% |
| Financial debts | 170/4 | €331,801 | €287,791 | -€44,010 | -13.3% |
| Amounts payable within one year | 42/48 | €119,271 | €235,185 | +€115,914 | +97.2% |
| Current portion of amounts payable after more than one year | 42 | €15,087 | €35,675 | +€20,587 | +136.5% |
| Trade debts | 44 | €89,898 | €85,939 | -€3,960 | -4.4% |
| Suppliers | 440/4 | €89,898 | €85,939 | -€3,960 | -4.4% |
| Taxes, remuneration and social security | 45 | €4,727 | €5,200 | +€473 | +10.0% |
| Taxes | 450/3 | €4,727 | €5,200 | +€473 | +10.0% |
| Other amounts payable | 47/48 | €9,558 | €108,371 | +€98,813 | +1033.8% |
| Accrued charges and deferred income | 492/3 | €642 | €686 | +€43 | +6.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,489 | €49,424 | +€7,934 | +19.1% |
| Other operating charges | 640/8 | €1,827 | €1,880 | +€52 | +2.9% |
| Gross operating margin | 9900 | €132,039 | €152,292 | +€20,253 | +15.3% |
| Operating profit (loss) | 9901 | €88,722 | €100,989 | +€12,266 | +13.8% |
| Financial income | 75/76B | €27 | €0 | -€27 | -99.9% |
| Recurring financial income | 75 | €27 | €0 | -€27 | -99.9% |
| Financial charges | 65/66B | €6,068 | €16,592 | +€10,524 | +173.4% |
| Recurring financial charges | 65 | €6,068 | €16,592 | +€10,524 | +173.4% |
| Profit (loss) for the period before taxes | 9903 | €82,681 | €84,397 | +€1,716 | +2.1% |
| Income taxes | 67/77 | €19,454 | €22,267 | +€2,814 | +14.5% |
| Profit (loss) for the period | 9904 | €63,227 | €62,130 | -€1,098 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €63,227 | €62,130 | -€1,098 | -1.7% |
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 10 October 2026 via checked.be.