ELECTRO HENRI DEVOLDER: 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 HENRI DEVOLDER
Largest movements
- Receivables within one year -€35,224
down €35,224 (-60.7%), from €57,987 to €22,763
of which Other amounts receivable: -€29,361
- Cash +€6,955
up €6,955 (+103.9%), from €6,692 to €13,647
mainly Receivables within one year (+€35,224) and Stocks and contracts (+€1,789)
- Tangible fixed assets +€4,185
up €4,185 (+6.3%), from €66,371 to €70,556
of which Land and buildings: +€4,387
- Profit (loss) carried forward -€17,530
down €17,530 (-55.3%), from -€31,724 to -€49,254
- Trade debts -€6,520
down €6,520 (-87.8%), from €7,427 to €907
- Gross operating margin +€9,896
up €9,896 (+50.0%), from -€19,796 to -€9,901
- Depreciation -€6,692
down €6,692 (-87.8%), from €7,621 to €929
- Other operating charges +€2,297
up €2,297 (+84.0%), from €2,733 to €5,030
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.
Cash bridge derived
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 | €209,586 | €183,713 | -€25,873 | -12.3% |
| Fixed assets | 21/28 | €68,966 | €73,151 | +€4,185 | +6.1% |
| Tangible fixed assets | 22/27 | €66,371 | €70,556 | +€4,185 | +6.3% |
| Land and buildings | 22 | €66,030 | €70,416 | +€4,387 | +6.6% |
| Furniture and vehicles | 24 | €341 | €140 | -€201 | -59.0% |
| Financial fixed assets | 28 | €2,595 | €2,595 | = | 0.0% |
| Current assets | 29/58 | €140,620 | €110,562 | -€30,058 | -21.4% |
| Stocks and contracts in progress | 3 | €75,941 | €74,152 | -€1,789 | -2.4% |
| Stocks | 30/36 | €75,941 | €74,152 | -€1,789 | -2.4% |
| Amounts receivable within one year | 40/41 | €57,987 | €22,763 | -€35,224 | -60.7% |
| Trade receivables | 40 | €27,422 | €21,559 | -€5,863 | -21.4% |
| Other amounts receivable | 41 | €30,565 | €1,204 | -€29,361 | -96.1% |
| Cash at bank and in hand | 54/58 | €6,692 | €13,647 | +€6,955 | +103.9% |
| Total equity and liabilities | 10/49 | €209,586 | €183,713 | -€25,873 | -12.3% |
| Equity | 10/15 | €200,335 | €182,806 | -€17,530 | -8.8% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €201,073 | €201,073 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €768 | €768 | = | 0.0% |
| Distributable reserves | 133 | €197,205 | €197,205 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,724 | -€49,254 | -€17,530 | -55.3% |
| Amounts payable | 17/49 | €9,251 | €907 | -€8,343 | -90.2% |
| Amounts payable within one year | 42/48 | €9,251 | €907 | -€8,343 | -90.2% |
| Trade debts | 44 | €7,427 | €907 | -€6,520 | -87.8% |
| Suppliers | 440/4 | €7,427 | €907 | -€6,520 | -87.8% |
| Taxes, remuneration and social security | 45 | €1,823 | - | -€1,823 | |
| Taxes | 450/3 | €1,823 | - | -€1,823 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,621 | €929 | -€6,692 | -87.8% |
| Other operating charges | 640/8 | €2,733 | €5,030 | +€2,297 | +84.0% |
| Gross operating margin | 9900 | -€19,796 | -€9,901 | +€9,896 | +50.0% |
| Operating profit (loss) | 9901 | -€30,150 | -€15,859 | +€14,291 | +47.4% |
| Financial charges | 65/66B | €1,574 | €1,670 | +€97 | +6.1% |
| Recurring financial charges | 65 | €1,574 | €1,670 | +€97 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | -€31,724 | -€17,530 | +€14,194 | +44.7% |
| Profit (loss) for the period | 9904 | -€31,724 | -€17,530 | +€14,194 | +44.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,724 | -€17,530 | +€14,194 | +44.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.