ELECTRO PYFFEROEN: 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 PYFFEROEN
Largest movements
- Cash +€176,313
up €176,313 (+107.5%), from €163,941 to €340,254
mainly Net result for the year (+€102,543) and Trade debts (+€71,157)
- Receivables within one year -€48,090
down €48,090 (-10.2%), from €470,418 to €422,328
of which Trade receivables: -€103,362
- Deferred charges and accrued income +€28,574
up €28,574 (+1001.8%), from €2,852 to €31,426
- Tangible fixed assets +€21,143
up €21,143 (+10.5%), from €200,584 to €221,726
of which Furniture and vehicles: +€26,542
- Stocks and contracts -€17,233
down €17,233 (-10.1%), from €171,176 to €153,943
of which Contracts in progress: -€23,053
- Trade debts +€71,157
up €71,157 (+21.7%), from €327,366 to €398,523
- Other debts +€59,464
up €59,464 (+101.5%), from €58,557 to €118,021
- Reserves +€16,551
up €16,551 (+8.6%), from €192,503 to €209,053
- Gross operating margin +€91,307
up €91,307 (+10.1%), from €903,154 to €994,462
- Other operating charges -€72,209
down €72,209 (-90.2%), from €80,062 to €7,853
- Write-downs +€54,212
up €54,212, from -€54,212 to €0
- Staff costs +€25,305
up €25,305 (+3.4%), from €744,309 to €769,614
- Taxes +€18,739
up €18,739 (+61.9%), from €30,273 to €49,012
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.
Cash bridge derived
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 | €1,008,971 | €1,169,677 | +€160,706 | +15.9% |
| Fixed assets | 21/28 | €200,584 | €221,726 | +€21,143 | +10.5% |
| Tangible fixed assets | 22/27 | €200,584 | €221,726 | +€21,143 | +10.5% |
| Land and buildings | 22 | €71,174 | €72,078 | +€904 | +1.3% |
| Plant, machinery and equipment | 23 | €1,075 | €833 | -€242 | -22.5% |
| Furniture and vehicles | 24 | €84,230 | €110,772 | +€26,542 | +31.5% |
| Leasing and similar rights | 25 | €44,104 | €38,042 | -€6,062 | -13.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €808,387 | €947,951 | +€139,564 | +17.3% |
| Stocks and contracts in progress | 3 | €171,176 | €153,943 | -€17,233 | -10.1% |
| Stocks | 30/36 | €148,123 | €153,943 | +€5,820 | +3.9% |
| Contracts in progress | 37 | €23,053 | €0 | -€23,053 | -100.0% |
| Amounts receivable within one year | 40/41 | €470,418 | €422,328 | -€48,090 | -10.2% |
| Trade receivables | 40 | €370,319 | €266,957 | -€103,362 | -27.9% |
| Other amounts receivable | 41 | €100,099 | €155,371 | +€55,272 | +55.2% |
| Cash at bank and in hand | 54/58 | €163,941 | €340,254 | +€176,313 | +107.5% |
| Deferred charges and accrued income | 490/1 | €2,852 | €31,426 | +€28,574 | +1001.8% |
| Total equity and liabilities | 10/49 | €1,008,971 | €1,169,677 | +€160,706 | +15.9% |
| Equity | 10/15 | €433,566 | €450,117 | +€16,551 | +3.8% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €192,503 | €209,053 | +€16,551 | +8.6% |
| Distributable reserves | 133 | €192,503 | €209,053 | +€16,551 | +8.6% |
| Profit (loss) carried forward | 14 | €161,063 | €161,063 | = | 0.0% |
| Amounts payable | 17/49 | €575,405 | €719,561 | +€144,155 | +25.1% |
| Amounts payable after more than one year | 17 | €51,574 | €56,425 | +€4,852 | +9.4% |
| Financial debts | 170/4 | €51,574 | €56,425 | +€4,852 | +9.4% |
| Amounts payable within one year | 42/48 | €523,831 | €663,135 | +€139,304 | +26.6% |
| Current portion of amounts payable after more than one year | 42 | €44,329 | €50,782 | +€6,452 | +14.6% |
| Trade debts | 44 | €327,366 | €398,523 | +€71,157 | +21.7% |
| Suppliers | 440/4 | €327,366 | €398,523 | +€71,157 | +21.7% |
| Taxes, remuneration and social security | 45 | €93,579 | €95,809 | +€2,230 | +2.4% |
| Taxes | 450/3 | €8,950 | €10,212 | +€1,262 | +14.1% |
| Remuneration and social security | 454/9 | €84,629 | €85,597 | +€968 | +1.1% |
| Other amounts payable | 47/48 | €58,557 | €118,021 | +€59,464 | +101.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €744,309 | €769,614 | +€25,305 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,281 | €53,155 | +€8,874 | +20.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€54,212 | €0 | +€54,212 | |
| Other operating charges | 640/8 | €80,062 | €7,853 | -€72,209 | -90.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €903,154 | €994,462 | +€91,307 | +10.1% |
| Operating profit (loss) | 9901 | €88,715 | €163,840 | +€75,125 | +84.7% |
| Financial income | 75/76B | €16,140 | €659 | -€15,481 | -95.9% |
| Recurring financial income | 75 | €15,639 | €659 | -€14,980 | -95.8% |
| Non-recurring financial income | 76B | €501 | €0 | -€501 | -100.0% |
| Financial charges | 65/66B | €8,572 | €12,944 | +€4,372 | +51.0% |
| Recurring financial charges | 65 | €8,572 | €12,944 | +€4,372 | +51.0% |
| Profit (loss) for the period before taxes | 9903 | €96,283 | €151,556 | +€55,273 | +57.4% |
| Income taxes | 67/77 | €30,273 | €49,012 | +€18,739 | +61.9% |
| Profit (loss) for the period | 9904 | €66,010 | €102,543 | +€36,533 | +55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €66,010 | €102,543 | +€36,533 | +55.3% |
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 10 October 2026 via checked.be.