ELECTRO DEBREE: 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 DEBREE
Largest movements
- Receivables within one year +€201,706
up €201,706 (+41.6%), from €484,845 to €686,551
of which Trade receivables: +€147,996
- Cash -€136,928
down €136,928 (-43.3%), from €316,323 to €179,395
mainly Receivables within one year (-€201,706) and Contributions, distributions and other (-€93,000)
- Reserves +€73,866
up €73,866 (+8.2%), from €900,303 to €974,169
of which Distributable reserves: +€73,866
- Short-term financial debts +€53,139
up €53,139 (+178.7%), from €29,739 to €82,878
- Trade debts -€17,963
down €17,963 (-48.7%), from €36,921 to €18,958
- Tax, wage and social debts -€16,356
down €16,356 (-24.3%), from €67,206 to €50,850
of which Remuneration and social security: -€16,322
- Other debts -€15,988
down €15,988 (-90.6%), from €17,654 to €1,666
No income-statement line moved by more than 1% of the activity.
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 | €1,144,656 | €1,202,307 | +€57,650 | +5.0% |
| Fixed assets | 21/28 | €314,837 | €306,460 | -€8,377 | -2.7% |
| Tangible fixed assets | 22/27 | €314,310 | €305,933 | -€8,377 | -2.7% |
| Land and buildings | 22 | €135,945 | €114,279 | -€21,667 | -15.9% |
| Plant, machinery and equipment | 23 | €124,148 | €161,147 | +€36,998 | +29.8% |
| Furniture and vehicles | 24 | €54,217 | €30,508 | -€23,709 | -43.7% |
| Financial fixed assets | 28 | €527 | €527 | = | 0.0% |
| Current assets | 29/58 | €829,819 | €895,846 | +€66,027 | +8.0% |
| Amounts receivable within one year | 40/41 | €484,845 | €686,551 | +€201,706 | +41.6% |
| Trade receivables | 40 | €360,930 | €508,926 | +€147,996 | +41.0% |
| Other amounts receivable | 41 | €123,915 | €177,625 | +€53,710 | +43.3% |
| Cash at bank and in hand | 54/58 | €316,323 | €179,395 | -€136,928 | -43.3% |
| Deferred charges and accrued income | 490/1 | €28,651 | €29,900 | +€1,250 | +4.4% |
| Total equity and liabilities | 10/49 | €1,144,656 | €1,202,307 | +€57,650 | +5.0% |
| Equity | 10/15 | €964,489 | €1,038,197 | +€73,709 | +7.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €900,303 | €974,169 | +€73,866 | +8.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €894,103 | €967,969 | +€73,866 | +8.3% |
| Profit (loss) carried forward | 14 | €2,186 | €2,029 | -€157 | -7.2% |
| Amounts payable | 17/49 | €180,168 | €164,109 | -€16,058 | -8.9% |
| Amounts payable after more than one year | 17 | €9,757 | €0 | -€9,757 | -100.0% |
| Financial debts | 170/4 | €9,757 | €0 | -€9,757 | -100.0% |
| Amounts payable within one year | 42/48 | €170,411 | €164,109 | -€6,301 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €18,891 | €9,757 | -€9,134 | -48.3% |
| Financial debts | 43 | €29,739 | €82,878 | +€53,139 | +178.7% |
| Credit institutions | 430/8 | €29,739 | €82,878 | +€53,139 | +178.7% |
| Trade debts | 44 | €36,921 | €18,958 | -€17,963 | -48.7% |
| Suppliers | 440/4 | €36,921 | €18,958 | -€17,963 | -48.7% |
| Taxes, remuneration and social security | 45 | €67,206 | €50,850 | -€16,356 | -24.3% |
| Taxes | 450/3 | €984 | €950 | -€34 | -3.5% |
| Remuneration and social security | 454/9 | €66,221 | €49,900 | -€16,322 | -24.6% |
| Other amounts payable | 47/48 | €17,654 | €1,666 | -€15,988 | -90.6% |
| Remuneration, social security and pensions | 62 | €1,139,611 | €1,138,595 | -€1,016 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,843 | €86,737 | -€10,106 | -10.4% |
| Other operating charges | 640/8 | €7,890 | €1,454 | -€6,436 | -81.6% |
| Gross operating margin | 9900 | €1,482,958 | €1,488,786 | +€5,827 | +0.4% |
| Operating profit (loss) | 9901 | €238,614 | €262,000 | +€23,386 | +9.8% |
| Financial income | 75/76B | €39,888 | €38,677 | -€1,212 | -3.0% |
| Recurring financial income | 75 | €39,888 | €38,677 | -€1,212 | -3.0% |
| Financial charges | 65/66B | €46,729 | €58,968 | +€12,239 | +26.2% |
| Recurring financial charges | 65 | €46,729 | €58,968 | +€12,239 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | €231,774 | €241,709 | +€9,935 | +4.3% |
| Income taxes | 67/77 | €76,708 | €75,000 | -€1,708 | -2.2% |
| Profit (loss) for the period | 9904 | €155,066 | €166,709 | +€11,642 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €155,066 | €166,709 | +€11,642 | +7.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.