Electro Claeys: 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 Claeys
Largest movements
- Cash -€7,799
down €7,799 (-3.2%), from €243,202 to €235,403
mainly Investment in fixed assets (net) (-€31,276) and Contributions, distributions and other (-€19,166)
- Other debts +€14,945
up €14,945 (+92.8%), from €16,103 to €31,048
- Tax, wage and social debts -€9,655
down €9,655 (-35.1%), from €27,470 to €17,815
of which Taxes: -€7,969
- Gross operating margin +€9,135
up €9,135 (+8.6%), from €105,886 to €115,021
- Depreciation +€3,186
up €3,186 (+11.3%), from €28,228 to €31,414
- Staff costs +€1,836
up €1,836 (+3.2%), from €57,833 to €59,669
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 | €534,873 | €532,146 | -€2,727 | -0.5% |
| Fixed assets | 21/28 | €99,185 | €99,047 | -€138 | -0.1% |
| Tangible fixed assets | 22/27 | €99,061 | €98,923 | -€138 | -0.1% |
| Land and buildings | 22 | €79,118 | €64,247 | -€14,871 | -18.8% |
| Plant, machinery and equipment | 23 | €3,329 | €2,885 | -€443 | -13.3% |
| Furniture and vehicles | 24 | €16,615 | €31,791 | +€15,176 | +91.3% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €435,687 | €433,099 | -€2,589 | -0.6% |
| Stocks and contracts in progress | 3 | €132,359 | €131,570 | -€789 | -0.6% |
| Stocks | 30/36 | €132,359 | €131,570 | -€789 | -0.6% |
| Amounts receivable within one year | 40/41 | €5,007 | €7,439 | +€2,433 | +48.6% |
| Trade receivables | 40 | €5,007 | €7,145 | +€2,138 | +42.7% |
| Other amounts receivable | 41 | - | €294 | +€294 | |
| Current investments | 50/53 | €51,474 | €51,474 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €243,202 | €235,403 | -€7,799 | -3.2% |
| Deferred charges and accrued income | 490/1 | €3,645 | €7,212 | +€3,567 | +97.9% |
| Total equity and liabilities | 10/49 | €534,873 | €532,146 | -€2,727 | -0.5% |
| Equity | 10/15 | €480,310 | €476,466 | -€3,845 | -0.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €461,718 | €457,874 | -€3,845 | -0.8% |
| Distributable reserves | 133 | €461,718 | €457,874 | -€3,845 | -0.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €54,562 | €55,680 | +€1,118 | +2.0% |
| Amounts payable within one year | 42/48 | €54,562 | €55,680 | +€1,118 | +2.0% |
| Trade debts | 44 | €10,989 | €6,817 | -€4,172 | -38.0% |
| Suppliers | 440/4 | €10,989 | €6,817 | -€4,172 | -38.0% |
| Taxes, remuneration and social security | 45 | €27,470 | €17,815 | -€9,655 | -35.1% |
| Taxes | 450/3 | €18,201 | €10,232 | -€7,969 | -43.8% |
| Remuneration and social security | 454/9 | €9,269 | €7,583 | -€1,686 | -18.2% |
| Other amounts payable | 47/48 | €16,103 | €31,048 | +€14,945 | +92.8% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €57,833 | €59,669 | +€1,836 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,228 | €31,414 | +€3,186 | +11.3% |
| Other operating charges | 640/8 | €2,728 | €2,961 | +€233 | +8.5% |
| Gross operating margin | 9900 | €105,886 | €115,021 | +€9,135 | +8.6% |
| Operating profit (loss) | 9901 | €17,097 | €20,976 | +€3,879 | +22.7% |
| Financial income | 75/76B | €365 | €904 | +€539 | +147.5% |
| Recurring financial income | 75 | €365 | €904 | +€539 | +147.5% |
| Financial charges | 65/66B | €479 | €583 | +€104 | +21.7% |
| Recurring financial charges | 65 | €479 | €583 | +€104 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €16,983 | €21,297 | +€4,314 | +25.4% |
| Income taxes | 67/77 | €5,306 | €5,976 | +€670 | +12.6% |
| Profit (loss) for the period | 9904 | €11,677 | €15,321 | +€3,644 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,677 | €15,321 | +€3,644 | +31.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.