ELECTRO D.B.: 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 D.B.
Largest movements
- Receivables within one year -€19,449
down €19,449 (-19.0%), from €102,131 to €82,681
of which Other amounts receivable: -€9,901
- Tangible fixed assets -€15,154
down €15,154 (-3.6%), from €423,007 to €407,853
- Intangible fixed assets -€12,361
down €12,361 (-16.7%), from €74,165 to €61,805
- Profit (loss) carried forward -€43,302
down €43,302 (-53.9%), from -€80,319 to -€123,620
- Gross operating margin +€8,970
up €8,970, from -€4,711 to €4,258
- Other operating charges +€3,760
up €3,760 (+39.9%), from €9,435 to €13,195
- Financial charges -€2,107
down €2,107 (-23.5%), from €8,958 to €6,850
- Financial income -€86
no longer reported in 2024 (was €86)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €968,772 | €928,008 | -€40,765 | -4.2% |
| Fixed assets | 21/28 | €497,988 | €470,474 | -€27,515 | -5.5% |
| Intangible fixed assets | 21 | €74,165 | €61,805 | -€12,361 | -16.7% |
| Tangible fixed assets | 22/27 | €423,007 | €407,853 | -€15,154 | -3.6% |
| Land and buildings | 22 | €423,007 | €407,853 | -€15,154 | -3.6% |
| Financial fixed assets | 28 | €816 | €816 | = | 0.0% |
| Current assets | 29/58 | €470,784 | €457,534 | -€13,250 | -2.8% |
| Stocks and contracts in progress | 3 | €364,610 | €364,610 | = | 0.0% |
| Stocks | 30/36 | €364,610 | €364,610 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €102,131 | €82,681 | -€19,449 | -19.0% |
| Trade receivables | 40 | €80,235 | €70,687 | -€9,548 | -11.9% |
| Other amounts receivable | 41 | €21,895 | €11,995 | -€9,901 | -45.2% |
| Cash at bank and in hand | 54/58 | €3,783 | €10,243 | +€6,460 | +170.8% |
| Deferred charges and accrued income | 490/1 | €261 | - | -€261 | |
| Total equity and liabilities | 10/49 | €968,772 | €928,008 | -€40,765 | -4.2% |
| Equity | 10/15 | €132,214 | €88,912 | -€43,302 | -32.8% |
| Contributions | 10/11 | €143,000 | €143,000 | = | 0.0% |
| Reserves | 13 | €69,532 | €69,532 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,300 | €14,300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,300 | €14,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €55,232 | €55,232 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,319 | -€123,620 | -€43,302 | -53.9% |
| Amounts payable | 17/49 | €836,559 | €839,096 | +€2,537 | +0.3% |
| Amounts payable within one year | 42/48 | €836,559 | €839,096 | +€2,537 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €2,806 | - | -€2,806 | |
| Financial debts | 43 | €64,484 | €67,326 | +€2,841 | +4.4% |
| Credit institutions | 430/8 | €64,484 | €67,326 | +€2,841 | +4.4% |
| Trade debts | 44 | €16,474 | €23,204 | +€6,730 | +40.9% |
| Suppliers | 440/4 | €16,474 | €23,204 | +€6,730 | +40.9% |
| Advances received on contracts in progress | 46 | €6,233 | €2,747 | -€3,486 | -55.9% |
| Other amounts payable | 47/48 | €746,561 | €745,820 | -€742 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,525 | €27,515 | -€10 | 0.0% |
| Other operating charges | 640/8 | €9,435 | €13,195 | +€3,760 | +39.9% |
| Gross operating margin | 9900 | -€4,711 | €4,258 | +€8,970 | |
| Operating profit (loss) | 9901 | -€41,671 | -€36,451 | +€5,220 | +12.5% |
| Financial income | 75/76B | €86 | - | -€86 | |
| Recurring financial income | 75 | €86 | - | -€86 | |
| Financial charges | 65/66B | €8,958 | €6,850 | -€2,107 | -23.5% |
| Recurring financial charges | 65 | €8,958 | €6,850 | -€2,107 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | -€50,543 | -€43,302 | +€7,241 | +14.3% |
| Profit (loss) for the period | 9904 | -€50,543 | -€43,302 | +€7,241 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,543 | -€43,302 | +€7,241 | +14.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.