ELECTRO MAES JO: 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 MAES JO
Largest movements
- Cash -€1,139
down €1,139 (-13.9%), from €8,212 to €7,073
mainly Other debts (-€2,139) and Tax, wage and social debts (-€681)
- Tangible fixed assets -€601
down €601 (-25.1%), from €2,395 to €1,795
of which Plant, machinery and equipment: -€479
- Receivables within one year +€576
up €576 (+11.7%), from €4,933 to €5,508
of which Trade receivables: +€476
- Other debts -€2,139
down €2,139 (-8.2%), from €26,236 to €24,097
- Trade debts +€1,835
up €1,835 (+11.4%), from €16,036 to €17,871
- Tax, wage and social debts -€681
down €681 (-51.2%), from €1,331 to €650
- Other operating charges +€1,423
up €1,423 (+283%), from €502 to €1,926
- Depreciation -€823
down €823 (-57.8%), from €1,424 to €601
- Financial charges +€375
up €375 (+72.2%), from €520 to €895
- Gross operating margin +€340
up €340 (+10.1%), from €3,357 to €3,697
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.
Derived cash bridge
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 | €48,368 | €47,348 | -€1,021 | -2.1% |
| Fixed assets | 21/28 | €2,395 | €1,795 | -€601 | -25.1% |
| Tangible fixed assets | 22/27 | €2,395 | €1,795 | -€601 | -25.1% |
| Plant, machinery and equipment | 23 | €2,192 | €1,713 | -€479 | -21.8% |
| Furniture and vehicles | 24 | €204 | €82 | -€122 | -59.9% |
| Current assets | 29/58 | €45,973 | €45,553 | -€420 | -0.9% |
| Stocks and contracts in progress | 3 | €31,982 | €32,016 | +€34 | +0.1% |
| Stocks | 30/36 | €31,982 | €32,016 | +€34 | +0.1% |
| Amounts receivable within one year | 40/41 | €4,933 | €5,508 | +€576 | +11.7% |
| Trade receivables | 40 | €1,264 | €1,740 | +€476 | +37.6% |
| Other amounts receivable | 41 | €3,668 | €3,768 | +€100 | +2.7% |
| Cash at bank and in hand | 54/58 | €8,212 | €7,073 | -€1,139 | -13.9% |
| Deferred charges and accrued income | 490/1 | €847 | €955 | +€109 | +12.8% |
| Total equity and liabilities | 10/49 | €48,368 | €47,348 | -€1,021 | -2.1% |
| Equity | 10/15 | €4,765 | €4,730 | -€35 | -0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,695 | -€15,730 | -€35 | -0.2% |
| Amounts payable | 17/49 | €43,604 | €42,618 | -€986 | -2.3% |
| Amounts payable within one year | 42/48 | €43,604 | €42,618 | -€986 | -2.3% |
| Trade debts | 44 | €16,036 | €17,871 | +€1,835 | +11.4% |
| Suppliers | 440/4 | €16,036 | €17,871 | +€1,835 | +11.4% |
| Taxes, remuneration and social security | 45 | €1,331 | €650 | -€681 | -51.2% |
| Taxes | 450/3 | €1,331 | €650 | -€681 | -51.2% |
| Other amounts payable | 47/48 | €26,236 | €24,097 | -€2,139 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,424 | €601 | -€823 | -57.8% |
| Other operating charges | 640/8 | €502 | €1,926 | +€1,423 | +283% |
| Gross operating margin | 9900 | €3,357 | €3,697 | +€340 | +10.1% |
| Operating profit (loss) | 9901 | €1,431 | €1,171 | -€260 | -18.2% |
| Financial income | 75/76B | €1 | €18 | +€17 | +2,080% |
| Recurring financial income | 75 | €1 | €18 | +€17 | +2,080% |
| Financial charges | 65/66B | €520 | €895 | +€375 | +72.2% |
| Recurring financial charges | 65 | €520 | €895 | +€375 | +72.2% |
| Profit (loss) for the period before taxes | 9903 | €912 | €293 | -€618 | -67.8% |
| Income taxes | 67/77 | €322 | €328 | +€7 | +2.1% |
| Profit (loss) for the period | 9904 | €590 | -€35 | -€625 | |
| Profit (loss) for the period to be appropriated | 9905 | €590 | -€35 | -€625 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.