ELECTRO FOUBERT: what changed
ELECTRO FOUBERT
Largest movements
- Tangible fixed assets +€53,723
up €53,723 (+90.1%), from €59,655 to €113,378
of which Furniture and vehicles: +€60,691
- Cash -€33,332
down €33,332 (-10.0%), from €332,529 to €299,197
mainly Investment in fixed assets (net) (-€72,531) and Contributions, distributions and other (-€50,000)
- Receivables within one year +€23,812
up €23,812 (+40.4%), from €58,921 to €82,733
of which Trade receivables: +€58,317
- Stocks and contracts -€9,033
down €9,033 (-41.8%), from €21,597 to €12,564
- Debts after one year +€20,546
new in 2025: €20,546
- Other debts -€14,968
down €14,968 (-22.7%), from €65,944 to €50,976
- Reserves +€9,664
up €9,664 (+2.4%), from €402,459 to €412,123
- Tax, wage and social debts +€7,754
up €7,754 (+804%), from €964 to €8,717
- Current portion of long-term debt +€5,735
new in 2025: €5,735
- Gross operating margin +€69,972
up €69,972 (+206%), from €34,008 to €103,980
- Taxes +€17,848
up €17,848 (+302%), from €5,910 to €23,757
- Depreciation +€1,391
up €1,391 (+8.0%), from €17,417 to €18,808
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 | €483,215 | €514,044 | +€30,828 | +6.4% |
| Fixed assets | 21/28 | €59,660 | €113,383 | +€53,723 | +90.0% |
| Tangible fixed assets | 22/27 | €59,655 | €113,378 | +€53,723 | +90.1% |
| Land and buildings | 22 | €1,259 | €629 | -€629 | -50.0% |
| Plant, machinery and equipment | 23 | €51,197 | €44,858 | -€6,339 | -12.4% |
| Furniture and vehicles | 24 | €7,199 | €67,890 | +€60,691 | +843% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €423,555 | €400,660 | -€22,894 | -5.4% |
| Stocks and contracts in progress | 3 | €21,597 | €12,564 | -€9,033 | -41.8% |
| Stocks | 30/36 | €21,597 | €12,564 | -€9,033 | -41.8% |
| Amounts receivable within one year | 40/41 | €58,921 | €82,733 | +€23,812 | +40.4% |
| Trade receivables | 40 | €17,297 | €75,614 | +€58,317 | +337% |
| Other amounts receivable | 41 | €41,624 | €7,119 | -€34,505 | -82.9% |
| Cash at bank and in hand | 54/58 | €332,529 | €299,197 | -€33,332 | -10.0% |
| Deferred charges and accrued income | 490/1 | €10,508 | €6,166 | -€4,341 | -41.3% |
| Total equity and liabilities | 10/49 | €483,215 | €514,044 | +€30,828 | +6.4% |
| Equity | 10/15 | €408,659 | €418,323 | +€9,664 | +2.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €402,459 | €412,123 | +€9,664 | +2.4% |
| Distributable reserves | 133 | €402,459 | €412,123 | +€9,664 | +2.4% |
| Amounts payable | 17/49 | €74,556 | €95,721 | +€21,165 | +28.4% |
| Amounts payable after more than one year | 17 | - | €20,546 | +€20,546 | |
| Financial debts | 170/4 | - | €20,546 | +€20,546 | |
| Amounts payable within one year | 42/48 | €74,160 | €75,174 | +€1,014 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | - | €5,735 | +€5,735 | |
| Trade debts | 44 | €7,252 | €9,746 | +€2,494 | +34.4% |
| Suppliers | 440/4 | €7,252 | €9,746 | +€2,494 | +34.4% |
| Taxes, remuneration and social security | 45 | €964 | €8,717 | +€7,754 | +804% |
| Taxes | 450/3 | €964 | €8,717 | +€7,754 | +804% |
| Other amounts payable | 47/48 | €65,944 | €50,976 | -€14,968 | -22.7% |
| Accrued charges and deferred income | 492/3 | €396 | - | -€396 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,417 | €18,808 | +€1,391 | +8.0% |
| Other operating charges | 640/8 | €1,513 | €1,673 | +€160 | +10.6% |
| Gross operating margin | 9900 | €34,008 | €103,980 | +€69,972 | +206% |
| Operating profit (loss) | 9901 | €15,078 | €83,499 | +€68,422 | +454% |
| Financial income | 75/76B | €2,724 | €1,872 | -€853 | -31.3% |
| Recurring financial income | 75 | €2,724 | €1,872 | -€853 | -31.3% |
| Financial charges | 65/66B | €1,249 | €1,950 | +€701 | +56.2% |
| Recurring financial charges | 65 | €1,249 | €1,950 | +€701 | +56.2% |
| Profit (loss) for the period before taxes | 9903 | €16,553 | €83,421 | +€66,868 | +404% |
| Income taxes | 67/77 | €5,910 | €23,757 | +€17,848 | +302% |
| Profit (loss) for the period | 9904 | €10,644 | €59,664 | +€49,020 | +461% |
| Profit (loss) for the period to be appropriated | 9905 | €10,644 | €59,664 | +€49,020 | +461% |
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 2 November 2026 via checked.be.