ELECTRO PAJOTTENLAND: 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 PAJOTTENLAND
Largest movements
- Cash +€63,942
up €63,942 (+177%), from €36,050 to €99,993
mainly Receivables within one year (+€29,822) and Trade debts (+€22,413)
- Receivables within one year -€29,822
down €29,822 (-84.4%), from €35,340 to €5,517
- Tangible fixed assets -€12,088
down €12,088 (-39.2%), from €30,859 to €18,771
- Stocks and contracts +€7,645
up €7,645 (+13.0%), from €58,627 to €66,273
- Debts after one year -€26,438
down €26,438 (-78.9%), from €33,500 to €7,062
- Trade debts +€22,413
up €22,413 (+130%), from €17,274 to €39,687
- Reserves +€13,975
up €13,975 (+19.7%), from €70,886 to €84,860
- Current portion of long-term debt +€12,494
new in 2025: €12,494
- Tax, wage and social debts +€9,077
up €9,077 (+98.0%), from €9,258 to €18,335
- Taxes +€1,808
up €1,808 (+47.5%), from €3,808 to €5,616
- Financial income +€1,464
new in 2025: €1,464
- Financial charges -€1,180
down €1,180 (-54.3%), from €2,173 to €993
- Other operating charges -€558
down €558 (-28.0%), from €1,991 to €1,433
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 | €162,242 | €191,957 | +€29,715 | +18.3% |
| Fixed assets | 21/28 | €32,224 | €18,771 | -€13,453 | -41.7% |
| Tangible fixed assets | 22/27 | €30,859 | €18,771 | -€12,088 | -39.2% |
| Furniture and vehicles | 24 | €30,859 | €18,771 | -€12,088 | -39.2% |
| Financial fixed assets | 28 | €1,365 | €0 | -€1,365 | -100% |
| Current assets | 29/58 | €130,018 | €173,186 | +€43,168 | +33.2% |
| Stocks and contracts in progress | 3 | €58,627 | €66,273 | +€7,645 | +13.0% |
| Stocks | 30/36 | €58,627 | €66,273 | +€7,645 | +13.0% |
| Amounts receivable within one year | 40/41 | €35,340 | €5,517 | -€29,822 | -84.4% |
| Trade receivables | 40 | €35,340 | €5,517 | -€29,822 | -84.4% |
| Cash at bank and in hand | 54/58 | €36,050 | €99,993 | +€63,942 | +177% |
| Deferred charges and accrued income | 490/1 | - | €1,403 | +€1,403 | |
| Total equity and liabilities | 10/49 | €162,242 | €191,957 | +€29,715 | +18.3% |
| Equity | 10/15 | €89,636 | €103,610 | +€13,975 | +15.6% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Contributions outside capital | 11 | €18,750 | - | -€18,750 | |
| Share premium | 1100/10 | €18,750 | - | -€18,750 | |
| Reserves | 13 | €70,886 | €84,860 | +€13,975 | +19.7% |
| Distributable reserves | 133 | €70,886 | €84,860 | +€13,975 | +19.7% |
| Amounts payable | 17/49 | €72,606 | €88,347 | +€15,740 | +21.7% |
| Amounts payable after more than one year | 17 | €33,500 | €7,062 | -€26,438 | -78.9% |
| Financial debts | 170/4 | €33,500 | €7,062 | -€26,438 | -78.9% |
| Amounts payable within one year | 42/48 | €39,106 | €81,284 | +€42,178 | +108% |
| Current portion of amounts payable after more than one year | 42 | - | €12,494 | +€12,494 | |
| Trade debts | 44 | €17,274 | €39,687 | +€22,413 | +130% |
| Suppliers | 440/4 | €17,274 | €39,687 | +€22,413 | +130% |
| Taxes, remuneration and social security | 45 | €9,258 | €18,335 | +€9,077 | +98.0% |
| Taxes | 450/3 | €9,258 | €18,335 | +€9,077 | +98.0% |
| Other amounts payable | 47/48 | €12,573 | €10,768 | -€1,805 | -14.4% |
| Non-recurring operating income | 76A | - | €24,841 | +€24,841 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,088 | €12,088 | = | 0.0% |
| Other operating charges | 640/8 | €1,991 | €1,433 | -€558 | -28.0% |
| Gross operating margin | 9900 | €32,319 | €32,641 | +€322 | +1.0% |
| Operating profit (loss) | 9901 | €18,240 | €19,120 | +€879 | +4.8% |
| Financial income | 75/76B | - | €1,464 | +€1,464 | |
| Recurring financial income | 75 | - | €1,464 | +€1,464 | |
| Financial charges | 65/66B | €2,173 | €993 | -€1,180 | -54.3% |
| Recurring financial charges | 65 | €2,173 | €993 | -€1,180 | -54.3% |
| Profit (loss) for the period before taxes | 9903 | €16,068 | €19,591 | +€3,523 | +21.9% |
| Income taxes | 67/77 | €3,808 | €5,616 | +€1,808 | +47.5% |
| Profit (loss) for the period | 9904 | €12,260 | €13,975 | +€1,715 | +14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,260 | €13,975 | +€1,715 | +14.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.