ELECTRO QUICKE: 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 QUICKE
Largest movements
- Financial fixed assets +€410,000
new in 2025: €410,000
- Current investments -€285,000
down €285,000 (-100%), from €285,000 to €0
- Tangible fixed assets +€61,117
up €61,117 (+227%), from €26,869 to €87,987
of which Furniture and vehicles: +€61,810
- Receivables within one year +€56,717
up €56,717 (+22.5%), from €252,112 to €308,829
of which Trade receivables: +€76,439
- Cash +€48,656
up €48,656 (+36.6%), from €132,887 to €181,543
mainly Current investments (+€285,000) and Debts after one year (+€284,271)
- Debts after one year +€284,271
up €284,271 (+16,657%), from €1,707 to €285,977
of which Other amounts payable: +€245,000
- Reserves +€87,614
up €87,614 (+17.7%), from €495,775 to €583,389
of which Distributable reserves: +€87,614
- Trade debts -€46,663
down €46,663 (-39.6%), from €117,905 to €71,241
- Other debts -€17,232
down €17,232 (-37.2%), from €46,270 to €29,037
- Tax, wage and social debts -€13,738
down €13,738 (-90.5%), from €15,176 to €1,438
of which Taxes: -€13,155
- Gross operating margin -€42,123
down €42,123 (-21.0%), from €200,618 to €158,495
- Taxes -€20,510
down €20,510 (-37.7%), from €54,421 to €33,911
- Staff costs +€7,016
up €7,016 (+74.9%), from €9,371 to €16,387
- Financial charges +€2,416
up €2,416 (+93.6%), from €2,582 to €4,998
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 | €708,687 | €1,005,890 | +€297,204 | +41.9% |
| Fixed assets | 21/28 | €26,869 | €497,987 | +€471,117 | +1,753% |
| Tangible fixed assets | 22/27 | €26,869 | €87,987 | +€61,117 | +227% |
| Land and buildings | 22 | €744 | €558 | -€186 | -25.0% |
| Plant, machinery and equipment | 23 | €6,136 | €5,630 | -€507 | -8.3% |
| Furniture and vehicles | 24 | €19,990 | €81,800 | +€61,810 | +309% |
| Financial fixed assets | 28 | - | €410,000 | +€410,000 | |
| Current assets | 29/58 | €681,817 | €507,904 | -€173,914 | -25.5% |
| Stocks and contracts in progress | 3 | €8,204 | €6,750 | -€1,453 | -17.7% |
| Stocks | 30/36 | €8,204 | €6,750 | -€1,453 | -17.7% |
| Amounts receivable within one year | 40/41 | €252,112 | €308,829 | +€56,717 | +22.5% |
| Trade receivables | 40 | €200,901 | €277,340 | +€76,439 | +38.0% |
| Other amounts receivable | 41 | €51,211 | €31,489 | -€19,722 | -38.5% |
| Current investments | 50/53 | €285,000 | €0 | -€285,000 | -100% |
| Cash at bank and in hand | 54/58 | €132,887 | €181,543 | +€48,656 | +36.6% |
| Deferred charges and accrued income | 490/1 | €3,614 | €10,781 | +€7,167 | +198% |
| Total equity and liabilities | 10/49 | €708,687 | €1,005,890 | +€297,204 | +41.9% |
| Equity | 10/15 | €515,929 | €602,793 | +€86,864 | +16.8% |
| Contributions | 10/11 | €19,311 | €19,311 | = | 0.0% |
| Reserves | 13 | €495,775 | €583,389 | +€87,614 | +17.7% |
| Tax-exempt reserves | 132 | €2,789 | €2,789 | = | 0.0% |
| Distributable reserves | 133 | €492,986 | €580,600 | +€87,614 | +17.8% |
| Profit (loss) carried forward | 14 | €843 | €93 | -€750 | -89.0% |
| Amounts payable | 17/49 | €192,758 | €403,097 | +€210,340 | +109% |
| Amounts payable after more than one year | 17 | €1,707 | €285,977 | +€284,271 | +16,657% |
| Financial debts | 170/4 | €1,707 | €40,977 | +€39,271 | +2,301% |
| Other amounts payable | 178/9 | - | €245,000 | +€245,000 | |
| Amounts payable within one year | 42/48 | €189,531 | €113,103 | -€76,428 | -40.3% |
| Current portion of amounts payable after more than one year | 42 | €10,181 | €11,386 | +€1,205 | +11.8% |
| Trade debts | 44 | €117,905 | €71,241 | -€46,663 | -39.6% |
| Suppliers | 440/4 | €117,905 | €71,241 | -€46,663 | -39.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €15,176 | €1,438 | -€13,738 | -90.5% |
| Taxes | 450/3 | €14,164 | €1,009 | -€13,155 | -92.9% |
| Remuneration and social security | 454/9 | €1,012 | €430 | -€583 | -57.6% |
| Other amounts payable | 47/48 | €46,270 | €29,037 | -€17,232 | -37.2% |
| Accrued charges and deferred income | 492/3 | €1,520 | €4,017 | +€2,497 | +164% |
| Non-recurring operating income | 76A | €2,479 | €0 | -€2,479 | -100% |
| Remuneration, social security and pensions | 62 | €9,371 | €16,387 | +€7,016 | +74.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,678 | €23,012 | +€1,334 | +6.2% |
| Other operating charges | 640/8 | €1,488 | €2,677 | +€1,188 | +79.9% |
| Gross operating margin | 9900 | €200,618 | €158,495 | -€42,123 | -21.0% |
| Operating profit (loss) | 9901 | €168,081 | €116,420 | -€51,661 | -30.7% |
| Financial income | 75/76B | €12,672 | €11,020 | -€1,653 | -13.0% |
| Recurring financial income | 75 | €12,672 | €11,020 | -€1,653 | -13.0% |
| Financial charges | 65/66B | €2,582 | €4,998 | +€2,416 | +93.6% |
| Recurring financial charges | 65 | €2,582 | €4,998 | +€2,416 | +93.6% |
| Profit (loss) for the period before taxes | 9903 | €178,171 | €122,441 | -€55,730 | -31.3% |
| Income taxes | 67/77 | €54,421 | €33,911 | -€20,510 | -37.7% |
| Profit (loss) for the period | 9904 | €123,750 | €88,530 | -€35,220 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €123,750 | €88,530 | -€35,220 | -28.5% |
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 22 October 2026 via checked.be.