ELECTRO DE VADDER EN ZOON: what changed
ELECTRO DE VADDER EN ZOON
Largest movements
- Cash -€33,731
down €33,731 (-26.8%), from €125,998 to €92,267
mainly Contributions, distributions and other (-€95,171) and Receivables within one year (-€17,828)
- Receivables within one year +€17,828
up €17,828 (+67.7%), from €26,316 to €44,144
of which Trade receivables: +€20,877
- Stocks and contracts -€13,742
down €13,742 (-15.8%), from €86,918 to €73,176
of which Contracts in progress: -€13,652
- Deferred charges and accrued income +€3,656
up €3,656 (+742%), from €493 to €4,149
- Profit (loss) carried forward -€45,273
no longer reported in 2025 (was €45,273)
- Other debts +€43,271
up €43,271 (+156%), from €27,725 to €70,996
- Reserves -€18,771
down €18,771 (-13.3%), from €141,110 to €122,339
of which Distributable reserves: -€10,001
- Tax, wage and social debts -€6,134
down €6,134 (-79.8%), from €7,686 to €1,552
- Gross operating margin -€15,819
down €15,819 (-23.1%), from €68,486 to €52,667
- Financial income -€9,135
down €9,135 (-82.0%), from €11,138 to €2,003
of which Non-recurring financial income: -€7,200
- Taxes -€3,649
down €3,649 (-18.3%), from €19,944 to €16,295
- Depreciation -€1,755
down €1,755 (-55.9%), from €3,140 to €1,385
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €244,345 | €216,970 | -€27,375 | -11.2% |
| Fixed assets | 21/28 | €4,620 | €3,234 | -€1,386 | -30.0% |
| Tangible fixed assets | 22/27 | €4,620 | €3,234 | -€1,386 | -30.0% |
| Plant, machinery and equipment | 23 | €4,620 | €3,234 | -€1,386 | -30.0% |
| Current assets | 29/58 | €239,725 | €213,736 | -€25,989 | -10.8% |
| Stocks and contracts in progress | 3 | €86,918 | €73,176 | -€13,742 | -15.8% |
| Stocks | 30/36 | €51,041 | €50,951 | -€90 | -0.2% |
| Contracts in progress | 37 | €35,877 | €22,225 | -€13,652 | -38.1% |
| Amounts receivable within one year | 40/41 | €26,316 | €44,144 | +€17,828 | +67.7% |
| Trade receivables | 40 | €17,412 | €38,289 | +€20,877 | +120% |
| Other amounts receivable | 41 | €8,904 | €5,855 | -€3,049 | -34.2% |
| Cash at bank and in hand | 54/58 | €125,998 | €92,267 | -€33,731 | -26.8% |
| Deferred charges and accrued income | 490/1 | €493 | €4,149 | +€3,656 | +742% |
| Total equity and liabilities | 10/49 | €244,345 | €216,970 | -€27,375 | -11.2% |
| Equity | 10/15 | €204,983 | €140,939 | -€64,044 | -31.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €141,110 | €122,339 | -€18,771 | -13.3% |
| Non-distributable reserves | 130/1 | €8,770 | - | -€8,770 | |
| Other | 1319 | €8,770 | - | -€8,770 | |
| Distributable reserves | 133 | €132,340 | €122,339 | -€10,001 | -7.6% |
| Profit (loss) carried forward | 14 | €45,273 | - | -€45,273 | |
| Amounts payable | 17/49 | €39,362 | €76,031 | +€36,669 | +93.2% |
| Amounts payable within one year | 42/48 | €39,362 | €76,031 | +€36,669 | +93.2% |
| Trade debts | 44 | €3,951 | €3,483 | -€468 | -11.8% |
| Suppliers | 440/4 | €3,951 | €3,483 | -€468 | -11.8% |
| Taxes, remuneration and social security | 45 | €7,686 | €1,552 | -€6,134 | -79.8% |
| Taxes | 450/3 | €7,686 | €1,552 | -€6,134 | -79.8% |
| Other amounts payable | 47/48 | €27,725 | €70,996 | +€43,271 | +156% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,140 | €1,385 | -€1,755 | -55.9% |
| Other operating charges | 640/8 | €4,907 | €4,840 | -€67 | -1.4% |
| Gross operating margin | 9900 | €68,486 | €52,667 | -€15,819 | -23.1% |
| Operating profit (loss) | 9901 | €60,439 | €46,442 | -€13,997 | -23.2% |
| Financial income | 75/76B | €11,138 | €2,003 | -€9,135 | -82.0% |
| Recurring financial income | 75 | €3,938 | €2,003 | -€1,935 | -49.1% |
| Non-recurring financial income | 76B | €7,200 | - | -€7,200 | |
| Financial charges | 65/66B | €1,139 | €1,023 | -€116 | -10.2% |
| Recurring financial charges | 65 | €1,139 | €1,023 | -€116 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €70,438 | €47,422 | -€23,016 | -32.7% |
| Income taxes | 67/77 | €19,944 | €16,295 | -€3,649 | -18.3% |
| Profit (loss) for the period | 9904 | €50,494 | €31,127 | -€19,367 | -38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €50,494 | €31,127 | -€19,367 | -38.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.