ELECTRO - DENIS: 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 - DENIS
Largest movements
- Receivables within one year -€8,543
down €8,543 (-62.4%), from €13,686 to €5,144
of which Other amounts receivable: -€7,560
- Deferred charges and accrued income -€994
down €994 (-63.9%), from €1,555 to €561
- Cash +€975
up €975 (+3.0%), from €32,578 to €33,552
mainly Receivables within one year (+€8,543) and Depreciation (+€1,977)
- Profit (loss) carried forward -€6,621
down €6,621 (-37.8%), from €17,517 to €10,896
- Other debts -€3,375
down €3,375 (-10.5%), from €32,158 to €28,783
- Trade debts +€827
up €827 (+33.9%), from €2,437 to €3,263
- Gross operating margin -€5,846
down €5,846, from €5,190 to -€656
- Other operating charges -€3,087
down €3,087 (-48.6%), from €6,356 to €3,269
- Depreciation -€2,181
down €2,181 (-52.4%), from €4,158 to €1,977
- Write-downs +€1,167
no longer reported in 2025 (was -€1,167)
- Financial income -€564
down €564 (-90.1%), from €627 to €62
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.
Derived cash bridge
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 | €77,093 | €67,918 | -€9,175 | -11.9% |
| Fixed assets | 21/28 | €27,014 | €26,751 | -€263 | -1.0% |
| Tangible fixed assets | 22/27 | €27,014 | €26,751 | -€263 | -1.0% |
| Land and buildings | 22 | €26,566 | €25,089 | -€1,478 | -5.6% |
| Furniture and vehicles | 24 | €448 | €1,662 | +€1,215 | +271% |
| Current assets | 29/58 | €50,078 | €41,167 | -€8,912 | -17.8% |
| Stocks and contracts in progress | 3 | €2,260 | €1,910 | -€350 | -15.5% |
| Stocks | 30/36 | €2,260 | €1,910 | -€350 | -15.5% |
| Amounts receivable within one year | 40/41 | €13,686 | €5,144 | -€8,543 | -62.4% |
| Trade receivables | 40 | €4,453 | €3,470 | -€983 | -22.1% |
| Other amounts receivable | 41 | €9,234 | €1,674 | -€7,560 | -81.9% |
| Cash at bank and in hand | 54/58 | €32,578 | €33,552 | +€975 | +3.0% |
| Deferred charges and accrued income | 490/1 | €1,555 | €561 | -€994 | -63.9% |
| Total equity and liabilities | 10/49 | €77,093 | €67,918 | -€9,175 | -11.9% |
| Equity | 10/15 | €42,267 | €35,646 | -€6,621 | -15.7% |
| Contributions | 10/11 | €22,500 | €22,500 | = | 0.0% |
| Reserves | 13 | €2,250 | €2,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,250 | €2,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,250 | €2,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,517 | €10,896 | -€6,621 | -37.8% |
| Amounts payable | 17/49 | €34,825 | €32,271 | -€2,554 | -7.3% |
| Amounts payable within one year | 42/48 | €34,825 | €32,271 | -€2,554 | -7.3% |
| Trade debts | 44 | €2,437 | €3,263 | +€827 | +33.9% |
| Suppliers | 440/4 | €2,437 | €3,263 | +€827 | +33.9% |
| Taxes, remuneration and social security | 45 | €231 | €225 | -€6 | -2.7% |
| Taxes | 450/3 | €231 | €225 | -€6 | -2.7% |
| Other amounts payable | 47/48 | €32,158 | €28,783 | -€3,375 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,158 | €1,977 | -€2,181 | -52.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,167 | - | +€1,167 | |
| Other operating charges | 640/8 | €6,356 | €3,269 | -€3,087 | -48.6% |
| Gross operating margin | 9900 | €5,190 | -€656 | -€5,846 | |
| Operating profit (loss) | 9901 | -€4,158 | -€5,903 | -€1,745 | -42.0% |
| Financial income | 75/76B | €627 | €62 | -€564 | -90.1% |
| Recurring financial income | 75 | €627 | €62 | -€564 | -90.1% |
| Financial charges | 65/66B | €801 | €780 | -€21 | -2.6% |
| Recurring financial charges | 65 | €801 | €780 | -€21 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,332 | -€6,621 | -€2,289 | -52.8% |
| Profit (loss) for the period | 9904 | -€4,332 | -€6,621 | -€2,289 | -52.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,332 | -€6,621 | -€2,289 | -52.8% |
Source: filed annual accounts (NBB), financial years ended 29 February 2024 and 28 February 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.