ELECTRO MOUTON: 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 MOUTON
Largest movements
- Stocks and contracts +€105,069
up €105,069 (+11.8%), from €891,406 to €996,475
- Cash -€76,872
down €76,872 (-17.2%), from €447,332 to €370,460
mainly Stocks and contracts (-€105,069) and Current portion of long-term debt (-€90,540)
- Tangible fixed assets -€22,421
down €22,421 (-10.9%), from €205,928 to €183,507
of which Land and buildings: -€37,206
- Receivables within one year +€18,966
up €18,966 (+6.6%), from €287,714 to €306,680
of which Trade receivables: +€41,175
- Current portion of long-term debt -€90,540
down €90,540 (-56.6%), from €160,076 to €69,536
- Short-term financial debts +€40,000
new in 2025: €40,000
- Other debts +€24,700
new in 2025: €24,700
- Tax, wage and social debts +€23,726
up €23,726 (+123%), from €19,280 to €43,006
of which Taxes: +€18,145
- Gross operating margin -€40,163
down €40,163 (-10.5%), from €383,604 to €343,441
- Taxes -€17,387
down €17,387 (-47.5%), from €36,625 to €19,238
- Financial charges +€15,377
up €15,377 (+102%), from €15,108 to €30,485
- Staff costs +€14,954
up €14,954 (+7.5%), from €199,152 to €214,106
- Depreciation -€12,147
down €12,147 (-16.7%), from €72,549 to €60,402
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 | €1,850,001 | €1,872,992 | +€22,991 | +1.2% |
| Fixed assets | 21/28 | €207,180 | €184,759 | -€22,421 | -10.8% |
| Tangible fixed assets | 22/27 | €205,928 | €183,507 | -€22,421 | -10.9% |
| Land and buildings | 22 | €131,238 | €94,032 | -€37,206 | -28.4% |
| Plant, machinery and equipment | 23 | €70,832 | €82,149 | +€11,317 | +16.0% |
| Furniture and vehicles | 24 | €3,858 | €7,326 | +€3,468 | +89.9% |
| Financial fixed assets | 28 | €1,252 | €1,252 | = | 0.0% |
| Current assets | 29/58 | €1,642,821 | €1,688,233 | +€45,412 | +2.8% |
| Stocks and contracts in progress | 3 | €891,406 | €996,475 | +€105,069 | +11.8% |
| Stocks | 30/36 | €891,406 | €996,475 | +€105,069 | +11.8% |
| Amounts receivable within one year | 40/41 | €287,714 | €306,680 | +€18,966 | +6.6% |
| Trade receivables | 40 | €6,453 | €47,628 | +€41,175 | +638% |
| Other amounts receivable | 41 | €281,261 | €259,052 | -€22,209 | -7.9% |
| Cash at bank and in hand | 54/58 | €447,332 | €370,460 | -€76,872 | -17.2% |
| Deferred charges and accrued income | 490/1 | €16,369 | €14,618 | -€1,751 | -10.7% |
| Total equity and liabilities | 10/49 | €1,850,001 | €1,872,992 | +€22,991 | +1.2% |
| Equity | 10/15 | €829,734 | €834,858 | +€5,124 | +0.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €414,438 | €419,562 | +€5,124 | +1.2% |
| Distributable reserves | 133 | €414,438 | €419,562 | +€5,124 | +1.2% |
| Profit (loss) carried forward | 14 | €365,296 | €365,296 | = | 0.0% |
| Amounts payable | 17/49 | €1,020,267 | €1,038,134 | +€17,867 | +1.8% |
| Amounts payable after more than one year | 17 | €642,308 | €653,700 | +€11,392 | +1.8% |
| Financial debts | 170/4 | €248,578 | €256,920 | +€8,342 | +3.4% |
| Other amounts payable | 178/9 | €393,730 | €396,780 | +€3,050 | +0.8% |
| Amounts payable within one year | 42/48 | €375,987 | €382,462 | +€6,475 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €160,076 | €69,536 | -€90,540 | -56.6% |
| Financial debts | 43 | - | €40,000 | +€40,000 | |
| Credit institutions | 430/8 | - | €40,000 | +€40,000 | |
| Trade debts | 44 | €196,631 | €205,220 | +€8,589 | +4.4% |
| Suppliers | 440/4 | €196,631 | €205,220 | +€8,589 | +4.4% |
| Taxes, remuneration and social security | 45 | €19,280 | €43,006 | +€23,726 | +123% |
| Taxes | 450/3 | €9,091 | €27,236 | +€18,145 | +200% |
| Remuneration and social security | 454/9 | €10,189 | €15,770 | +€5,581 | +54.8% |
| Other amounts payable | 47/48 | - | €24,700 | +€24,700 | |
| Accrued charges and deferred income | 492/3 | €1,972 | €1,972 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €199,152 | €214,106 | +€14,954 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,549 | €60,402 | -€12,147 | -16.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,530 | €1,061 | -€469 | -30.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,524 | €1,266 | -€258 | -16.9% |
| Other operating charges | 640/8 | €9,453 | €7,656 | -€1,797 | -19.0% |
| Gross operating margin | 9900 | €383,604 | €343,441 | -€40,163 | -10.5% |
| Operating profit (loss) | 9901 | €99,396 | €58,950 | -€40,446 | -40.7% |
| Financial income | 75/76B | €18,946 | €21,897 | +€2,951 | +15.6% |
| Recurring financial income | 75 | €18,946 | €21,897 | +€2,951 | +15.6% |
| Financial charges | 65/66B | €15,108 | €30,485 | +€15,377 | +102% |
| Recurring financial charges | 65 | €15,108 | €30,485 | +€15,377 | +102% |
| Profit (loss) for the period before taxes | 9903 | €103,234 | €50,362 | -€52,872 | -51.2% |
| Income taxes | 67/77 | €36,625 | €19,238 | -€17,387 | -47.5% |
| Profit (loss) for the period | 9904 | €66,609 | €31,124 | -€35,485 | -53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €66,609 | €31,124 | -€35,485 | -53.3% |
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 26 October 2026 via checked.be.