ELECTRO PICQUETTE: 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 PICQUETTE
Largest movements
- Tangible fixed assets -€9,720
down €9,720 (-33.2%), from €29,314 to €19,594
- Cash +€4,738
up €4,738, from €0 to €4,738
mainly Trade debts (+€14,298) and Net result for the year (+€13,003)
- Receivables within one year +€4,139
up €4,139 (+9.2%), from €45,085 to €49,225
of which Other amounts receivable: +€9,007
- Stocks and contracts +€2,500
up €2,500 (+83.3%), from €3,000 to €5,500
- Trade debts +€14,298
up €14,298 (+289%), from €4,945 to €19,242
- Reserves +€13,003
up €13,003 (+35.5%), from €36,632 to €49,635
- Current portion of long-term debt -€13,001
down €13,001 (-84.0%), from €15,477 to €2,476
- Tax, wage and social debts -€9,569
down €9,569 (-56.5%), from €16,928 to €7,359
- Debts after one year -€2,476
down €2,476 (-100%), from €2,476 to €0
- Gross operating margin +€25,010
up €25,010 (+618%), from €4,047 to €29,057
- Taxes +€4,929
up €4,929 (+666%), from €740 to €5,669
- Financial charges -€764
down €764 (-49.0%), from €1,557 to €794
- Financial income +€415
up €415 (+32.9%), from €1,260 to €1,675
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 | €78,551 | €80,258 | +€1,707 | +2.2% |
| Fixed assets | 21/28 | €29,374 | €19,634 | -€9,740 | -33.2% |
| Intangible fixed assets | 21 | €60 | €40 | -€20 | -33.4% |
| Tangible fixed assets | 22/27 | €29,314 | €19,594 | -€9,720 | -33.2% |
| Furniture and vehicles | 24 | €29,314 | €19,594 | -€9,720 | -33.2% |
| Current assets | 29/58 | €49,177 | €60,624 | +€11,447 | +23.3% |
| Stocks and contracts in progress | 3 | €3,000 | €5,500 | +€2,500 | +83.3% |
| Stocks | 30/36 | €3,000 | €5,500 | +€2,500 | +83.3% |
| Amounts receivable within one year | 40/41 | €45,085 | €49,225 | +€4,139 | +9.2% |
| Trade receivables | 40 | €35,554 | €30,686 | -€4,868 | -13.7% |
| Other amounts receivable | 41 | €9,532 | €18,539 | +€9,007 | +94.5% |
| Cash at bank and in hand | 54/58 | €0 | €4,738 | +€4,738 | |
| Deferred charges and accrued income | 490/1 | €1,092 | €1,162 | +€70 | +6.4% |
| Total equity and liabilities | 10/49 | €78,551 | €80,258 | +€1,707 | +2.2% |
| Equity | 10/15 | €37,632 | €50,635 | +€13,003 | +34.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €36,632 | €49,635 | +€13,003 | +35.5% |
| Distributable reserves | 133 | €36,632 | €49,635 | +€13,003 | +35.5% |
| Amounts payable | 17/49 | €40,919 | €29,623 | -€11,296 | -27.6% |
| Amounts payable after more than one year | 17 | €2,476 | €0 | -€2,476 | -100% |
| Financial debts | 170/4 | €2,476 | €0 | -€2,476 | -100% |
| Amounts payable within one year | 42/48 | €37,350 | €29,077 | -€8,273 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €15,477 | €2,476 | -€13,001 | -84.0% |
| Trade debts | 44 | €4,945 | €19,242 | +€14,298 | +289% |
| Suppliers | 440/4 | €4,945 | €19,242 | +€14,298 | +289% |
| Taxes, remuneration and social security | 45 | €16,928 | €7,359 | -€9,569 | -56.5% |
| Taxes | 450/3 | €16,928 | €7,359 | -€9,569 | -56.5% |
| Accrued charges and deferred income | 492/3 | €1,094 | €546 | -€548 | -50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,680 | €9,740 | +€60 | +0.6% |
| Other operating charges | 640/8 | €1,308 | €1,526 | +€217 | +16.6% |
| Gross operating margin | 9900 | €4,047 | €29,057 | +€25,010 | +618% |
| Operating profit (loss) | 9901 | -€6,941 | €17,791 | +€24,732 | |
| Financial income | 75/76B | €1,260 | €1,675 | +€415 | +32.9% |
| Recurring financial income | 75 | €1,260 | €1,675 | +€415 | +32.9% |
| Financial charges | 65/66B | €1,557 | €794 | -€764 | -49.0% |
| Recurring financial charges | 65 | €1,557 | €794 | -€764 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,239 | €18,672 | +€25,911 | |
| Income taxes | 67/77 | €740 | €5,669 | +€4,929 | +666% |
| Profit (loss) for the period | 9904 | -€7,979 | €13,003 | +€20,982 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,979 | €13,003 | +€20,982 |
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 25 October 2026 via checked.be.