Electro Industrielle: what changed
What changed
Electro Industrielle
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€325,940
2024 · €186,593+€139,348
Equity
€1.6m
2024 · €1.3m+€325,940
Cash
€707,325
2024 · €565,278+€142,048
Balance sheet total
€2.9m
2024 · €3.6m-€719,932
Largest movements
Assets
- Receivables within one year -€946,611
down €946,611 (-36.3%), from €2.6m to €1.7m
of which Trade receivables: -€951,118
- Cash +€142,048
up €142,048 (+25.1%), from €565,278 to €707,325
mainly Receivables within one year (+€946,611) and Net result for the year (+€325,940)
- Stocks and contracts +€40,179
up €40,179 (+24.3%), from €165,079 to €205,258
Equity and liabilities
- Trade debts -€1.1m
down €1.1m (-62.8%), from €1.8m to €660,345
- Profit (loss) carried forward +€325,940
up €325,940 (+33.7%), from €965,988 to €1.3m
- Tax, wage and social debts +€78,065
up €78,065 (+26.1%), from €298,618 to €376,683
of which Remuneration and social security: +€62,732
- Accrued charges and deferred income -€72,544
down €72,544 (-72.9%), from €99,465 to €26,921
- Current portion of long-term debt +€57,512
up €57,512 (+93.3%), from €61,614 to €119,126
Income statement
- Gross operating margin +€221,345
up €221,345 (+7.6%), from €2.9m to €3.1m
- Staff costs +€106,144
up €106,144 (+4.4%), from €2.4m to €2.5m
- Taxes +€60,359
up €60,359 (+88.6%), from €68,146 to €128,505
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.
Result 2024
€186,593
Gross operating margin
+€221,345
Staff costs
-€106,144
Depreciation
-€6,694
Other operating charges
-€6,508
Other operating items
+€98,557
Financial income
+€270
Financial charges
-€1,120
Taxes
-€60,359
Result 2025
€325,940
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€236,391
Investment
-€114,705
Financing
+€20,361
Cash 2024
€565,278
From operations (derived)
+€236,391
Net result for the year
+€325,940
Depreciation
+€83,430
Stocks and contracts
-€40,179
Receivables within one year
+€946,611
Deferred charges and accrued income
-€13,177
Trade debts
-€1.1m
Tax, wage and social debts
+€78,065
Advances received
+€42,503
Other debts
+€360
Accrued charges and deferred income
-€72,544
Investment (derived)
-€114,705
Investment in fixed assets (net)
-€114,705
Financing
+€20,361
Debts after one year
-€37,151
Current portion of long-term debt
+€57,512
Cash 2025
€707,325
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,629,321 | €2,909,389 | -€719,932 | -19.8% |
| Fixed assets | 21/28 | €225,931 | €257,205 | +€31,274 | +13.8% |
| Tangible fixed assets | 22/27 | €221,097 | €252,331 | +€31,234 | +14.1% |
| Land and buildings | 22 | €30,870 | €35,467 | +€4,598 | +14.9% |
| Plant, machinery and equipment | 23 | €21,402 | €14,644 | -€6,757 | -31.6% |
| Furniture and vehicles | 24 | €168,826 | €202,220 | +€33,394 | +19.8% |
| Financial fixed assets | 28 | €4,834 | €4,874 | +€40 | +0.8% |
| Current assets | 29/58 | €3,403,391 | €2,652,184 | -€751,206 | -22.1% |
| Stocks and contracts in progress | 3 | €165,079 | €205,258 | +€40,179 | +24.3% |
| Stocks | 30/36 | €165,079 | €205,258 | +€40,179 | +24.3% |
| Amounts receivable within one year | 40/41 | €2,605,306 | €1,658,695 | -€946,611 | -36.3% |
| Trade receivables | 40 | €2,385,492 | €1,434,374 | -€951,118 | -39.9% |
| Other amounts receivable | 41 | €219,814 | €224,321 | +€4,507 | +2.1% |
| Cash at bank and in hand | 54/58 | €565,278 | €707,325 | +€142,048 | +25.1% |
| Deferred charges and accrued income | 490/1 | €67,728 | €80,906 | +€13,177 | +19.5% |
| Total equity and liabilities | 10/49 | €3,629,321 | €2,909,389 | -€719,932 | -19.8% |
| Equity | 10/15 | €1,253,874 | €1,579,815 | +€325,940 | +26.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €137,886 | €137,886 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €137,886 | €137,886 | = | 0.0% |
| Profit (loss) carried forward | 14 | €965,988 | €1,291,928 | +€325,940 | +33.7% |
| Amounts payable | 17/49 | €2,375,447 | €1,329,575 | -€1.0m | -44.0% |
| Amounts payable after more than one year | 17 | €80,384 | €43,233 | -€37,151 | -46.2% |
| Financial debts | 170/4 | €80,384 | €43,233 | -€37,151 | -46.2% |
| Amounts payable within one year | 42/48 | €2,195,598 | €1,259,421 | -€936,178 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €61,614 | €119,126 | +€57,512 | +93.3% |
| Trade debts | 44 | €1,774,963 | €660,345 | -€1.1m | -62.8% |
| Suppliers | 440/4 | €1,774,963 | €660,345 | -€1.1m | -62.8% |
| Advances received on contracts in progress | 46 | €57,472 | €99,975 | +€42,503 | +74.0% |
| Taxes, remuneration and social security | 45 | €298,618 | €376,683 | +€78,065 | +26.1% |
| Taxes | 450/3 | €49,872 | €65,205 | +€15,334 | +30.7% |
| Remuneration and social security | 454/9 | €248,746 | €311,478 | +€62,732 | +25.2% |
| Other amounts payable | 47/48 | €2,931 | €3,291 | +€360 | +12.3% |
| Accrued charges and deferred income | 492/3 | €99,465 | €26,921 | -€72,544 | -72.9% |
| Non-recurring operating income | 76A | €114,344 | €108,314 | -€6,029 | -5.3% |
| Remuneration, social security and pensions | 62 | €2,424,610 | €2,530,753 | +€106,144 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,737 | €83,430 | +€6,694 | +8.7% |
| Other operating charges | 640/8 | €23,515 | €30,023 | +€6,508 | +27.7% |
| Non-recurring operating charges | 66A | €113,807 | €15,250 | -€98,557 | -86.6% |
| Gross operating margin | 9900 | €2,914,137 | €3,135,482 | +€221,345 | +7.6% |
| Operating profit (loss) | 9901 | €275,468 | €476,025 | +€200,557 | +72.8% |
| Financial income | 75/76B | €478 | €748 | +€270 | +56.5% |
| Recurring financial income | 75 | €478 | €748 | +€270 | +56.5% |
| Financial charges | 65/66B | €21,207 | €22,328 | +€1,120 | +5.3% |
| Recurring financial charges | 65 | €21,207 | €22,328 | +€1,120 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €254,739 | €454,446 | +€199,707 | +78.4% |
| Income taxes | 67/77 | €68,146 | €128,505 | +€60,359 | +88.6% |
| Profit (loss) for the period | 9904 | €186,593 | €325,940 | +€139,348 | +74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €186,593 | €325,940 | +€139,348 | +74.7% |
Next steps
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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.