Electro - Thermo: 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 - Thermo
Largest movements
- Cash +€1,825
up €1,825 (+6.5%), from €28,168 to €29,993
mainly Net result for the year (+€1,825)
- Profit (loss) carried forward +€1,825
up €1,825 (+10.7%), from €17,083 to €18,908
- Gross operating margin -€985
down €985 (-22.3%), from €4,409 to €3,424
- Other operating charges +€65
up €65 (+4.4%), from €1,468 to €1,532
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 | €49,804 | €51,628 | +€1,824 | +3.7% |
| Fixed assets | 21/28 | €21,567 | €21,567 | = | 0.0% |
| Tangible fixed assets | 22/27 | €21,567 | €21,567 | = | 0.0% |
| Land and buildings | 22 | €21,567 | €21,567 | = | 0.0% |
| Current assets | 29/58 | €28,237 | €30,061 | +€1,824 | +6.5% |
| Cash at bank and in hand | 54/58 | €28,168 | €29,993 | +€1,825 | +6.5% |
| Deferred charges and accrued income | 490/1 | €69 | €68 | -€0 | -0.3% |
| Total equity and liabilities | 10/49 | €49,804 | €51,628 | +€1,824 | +3.7% |
| Equity | 10/15 | €48,130 | €49,955 | +€1,825 | +3.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €12,497 | €12,497 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,267 | €6,267 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Other | 1319 | €4,412 | €4,412 | = | 0.0% |
| Distributable reserves | 133 | €6,229 | €6,229 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,083 | €18,908 | +€1,825 | +10.7% |
| Amounts payable | 17/49 | €1,673 | €1,673 | -€0 | 0.0% |
| Amounts payable within one year | 42/48 | €1,673 | €1,673 | = | 0.0% |
| Advances received on contracts in progress | 46 | €1,673 | €1,673 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | -€0 | |
| Other operating charges | 640/8 | €1,468 | €1,532 | +€65 | +4.4% |
| Gross operating margin | 9900 | €4,409 | €3,424 | -€985 | -22.3% |
| Operating profit (loss) | 9901 | €2,941 | €1,892 | -€1,049 | -35.7% |
| Financial charges | 65/66B | €69 | €67 | -€2 | -2.6% |
| Recurring financial charges | 65 | €69 | €67 | -€2 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €2,872 | €1,825 | -€1,047 | -36.5% |
| Profit (loss) for the period | 9904 | €2,872 | €1,825 | -€1,047 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,872 | €1,825 | -€1,047 | -36.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.