Electro Rouhard: what changed
Two fiscal 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 Rouhard
Largest movements
- Cash -€540,735
down €540,735 (-10.1%), from €5.3m to €4.8m
mainly Tax, wage and social debts (-€430,931) and Other debts (-€268,671)
- Receivables within one year +€104,554
up €104,554 (+13.3%), from €785,292 to €889,846
of which Trade receivables: +€195,219
- Tangible fixed assets +€91,773
up €91,773 (+44.3%), from €207,321 to €299,094
of which Land and buildings: +€101,463
- Reserves +€469,388
up €469,388 (+8.5%), from €5.5m to €6.0m
of which Distributable reserves: +€258,888
- Tax, wage and social debts -€430,931
down €430,931 (-82.2%), from €524,244 to €93,313
of which Taxes: -€437,978
- Other debts -€268,671
down €268,671 (-83.8%), from €320,467 to €51,796
- Trade debts -€129,423
down €129,423 (-96.5%), from €134,061 to €4,638
- Gross operating margin -€2.9m
down €2.9m (-68.7%), from €4.2m to €1.3m
- Taxes -€865,783
down €865,783 (-82.2%), from €1.1m to €187,876
- Staff costs +€71,483
up €71,483 (+11.6%), from €616,016 to €687,499
- Financial income +€44,014
up €44,014 (+45.7%), from €96,246 to €140,260
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 | €6,781,397 | €6,421,760 | -€359,637 | -5.3% |
| Fixed assets | 21/28 | €207,321 | €299,094 | +€91,773 | +44.3% |
| Tangible fixed assets | 22/27 | €207,321 | €299,094 | +€91,773 | +44.3% |
| Land and buildings | 22 | €60,030 | €161,493 | +€101,463 | +169.0% |
| Plant, machinery and equipment | 23 | €13,086 | €8,344 | -€4,742 | -36.2% |
| Furniture and vehicles | 24 | €134,205 | €129,257 | -€4,949 | -3.7% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €6,574,076 | €6,122,666 | -€451,410 | -6.9% |
| Stocks and contracts in progress | 3 | €442,518 | €422,245 | -€20,273 | -4.6% |
| Stocks | 30/36 | €442,518 | €422,245 | -€20,273 | -4.6% |
| Amounts receivable within one year | 40/41 | €785,292 | €889,846 | +€104,554 | +13.3% |
| Trade receivables | 40 | €166,253 | €361,471 | +€195,219 | +117.4% |
| Other amounts receivable | 41 | €619,039 | €528,375 | -€90,664 | -14.6% |
| Current investments | 50/53 | €84 | €84 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,330,377 | €4,789,642 | -€540,735 | -10.1% |
| Deferred charges and accrued income | 490/1 | €15,805 | €20,849 | +€5,044 | +31.9% |
| Total equity and liabilities | 10/49 | €6,781,397 | €6,421,760 | -€359,637 | -5.3% |
| Equity | 10/15 | €5,802,625 | €6,272,013 | +€469,388 | +8.1% |
| Contributions | 10/11 | €279,605 | €279,605 | = | 0.0% |
| Reserves | 13 | €5,523,020 | €5,992,408 | +€469,388 | +8.5% |
| Non-distributable reserves | 130/1 | €33,228 | €33,228 | = | 0.0% |
| Reserves not available under the articles | 1311 | €33,228 | €33,228 | = | 0.0% |
| Tax-exempt reserves | 132 | €842,000 | €1,052,500 | +€210,500 | +25.0% |
| Distributable reserves | 133 | €4,647,792 | €4,906,680 | +€258,888 | +5.6% |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €978,772 | €149,747 | -€829,025 | -84.7% |
| Amounts payable within one year | 42/48 | €978,772 | €149,747 | -€829,025 | -84.7% |
| Trade debts | 44 | €134,061 | €4,638 | -€129,423 | -96.5% |
| Suppliers | 440/4 | €134,061 | €4,638 | -€129,423 | -96.5% |
| Taxes, remuneration and social security | 45 | €524,244 | €93,313 | -€430,931 | -82.2% |
| Taxes | 450/3 | €459,587 | €21,609 | -€437,978 | -95.3% |
| Remuneration and social security | 454/9 | €64,657 | €71,704 | +€7,047 | +10.9% |
| Other amounts payable | 47/48 | €320,467 | €51,796 | -€268,671 | -83.8% |
| Remuneration, social security and pensions | 62 | €616,016 | €687,499 | +€71,483 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,885 | €49,930 | -€8,955 | -15.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €246 | €3,203 | +€2,956 | +1200.0% |
| Other operating charges | 640/8 | €69,178 | €38,430 | -€30,748 | -44.4% |
| Gross operating margin | 9900 | €4,210,902 | €1,316,302 | -€2.9m | -68.7% |
| Operating profit (loss) | 9901 | €3,466,577 | €537,240 | -€2.9m | -84.5% |
| Financial income | 75/76B | €96,246 | €140,260 | +€44,014 | +45.7% |
| Recurring financial income | 75 | €96,246 | €140,260 | +€44,014 | +45.7% |
| Financial charges | 65/66B | €20,617 | €20,237 | -€380 | -1.8% |
| Recurring financial charges | 65 | €20,617 | €20,237 | -€380 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €3,542,207 | €657,264 | -€2.9m | -81.4% |
| Income taxes | 67/77 | €1,053,659 | €187,876 | -€865,783 | -82.2% |
| Profit (loss) for the period | 9904 | €2,488,548 | €469,388 | -€2.0m | -81.1% |
| Transfer to tax-exempt reserves | 689 | €842,000 | €210,500 | -€631,500 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,646,548 | €258,888 | -€1.4m | -84.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.