ELECTRO VAN ASBROECK: 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 VAN ASBROECK
Largest movements
- Stocks and contracts -€50,791
down €50,791 (-11.0%), from €463,205 to €412,415
- Receivables within one year -€12,349
down €12,349 (-16.5%), from €74,818 to €62,469
of which Trade receivables: -€12,115
- Cash -€8,591
down €8,591 (-67.9%), from €12,645 to €4,054
mainly Trade debts (-€54,494) and Other debts (-€31,053)
- Trade debts -€54,494
down €54,494 (-56.1%), from €97,079 to €42,585
- Other debts -€31,053
down €31,053 (-39.4%), from €78,755 to €47,702
- Reserves +€13,400
up €13,400 (+7.3%), from €182,483 to €195,883
of which Distributable reserves: +€13,400
- Write-downs +€26,067
up €26,067 (+90.7%), from -€28,740 to -€2,673
- Gross operating margin +€25,374
up €25,374 (+285%), from €8,899 to €34,273
- Staff costs -€4,547
down €4,547, from €4,014 to -€533
- Financial charges -€2,098
down €2,098 (-27.7%), from €7,569 to €5,471
- Taxes +€1,734
up €1,734 (+36.4%), from €4,770 to €6,504
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 | €563,910 | €487,748 | -€76,162 | -13.5% |
| Fixed assets | 21/28 | €9,412 | €5,645 | -€3,767 | -40.0% |
| Tangible fixed assets | 22/27 | €9,412 | €5,645 | -€3,767 | -40.0% |
| Land and buildings | 22 | €2,475 | €1,291 | -€1,184 | -47.8% |
| Plant, machinery and equipment | 23 | €438 | - | -€438 | |
| Furniture and vehicles | 24 | €6,499 | €4,354 | -€2,145 | -33.0% |
| Current assets | 29/58 | €554,498 | €482,102 | -€72,395 | -13.1% |
| Stocks and contracts in progress | 3 | €463,205 | €412,415 | -€50,791 | -11.0% |
| Stocks | 30/36 | €463,205 | €412,415 | -€50,791 | -11.0% |
| Amounts receivable within one year | 40/41 | €74,818 | €62,469 | -€12,349 | -16.5% |
| Trade receivables | 40 | €66,587 | €54,473 | -€12,115 | -18.2% |
| Other amounts receivable | 41 | €8,230 | €7,996 | -€234 | -2.8% |
| Cash at bank and in hand | 54/58 | €12,645 | €4,054 | -€8,591 | -67.9% |
| Deferred charges and accrued income | 490/1 | €3,829 | €3,165 | -€665 | -17.4% |
| Total equity and liabilities | 10/49 | €563,910 | €487,748 | -€76,162 | -13.5% |
| Equity | 10/15 | €365,150 | €378,584 | +€13,433 | +3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €182,483 | €195,883 | +€13,400 | +7.3% |
| Tax-exempt reserves | 132 | €123 | €123 | = | 0.0% |
| Distributable reserves | 133 | €182,360 | €195,760 | +€13,400 | +7.3% |
| Profit (loss) carried forward | 14 | €164,067 | €164,101 | +€33 | 0.0% |
| Amounts payable | 17/49 | €198,759 | €109,164 | -€89,596 | -45.1% |
| Amounts payable within one year | 42/48 | €189,659 | €104,437 | -€85,221 | -44.9% |
| Trade debts | 44 | €97,079 | €42,585 | -€54,494 | -56.1% |
| Suppliers | 440/4 | €97,079 | €42,585 | -€54,494 | -56.1% |
| Taxes, remuneration and social security | 45 | €13,825 | €14,151 | +€326 | +2.4% |
| Taxes | 450/3 | €13,292 | €14,151 | +€859 | +6.5% |
| Remuneration and social security | 454/9 | €533 | - | -€533 | |
| Other amounts payable | 47/48 | €78,755 | €47,702 | -€31,053 | -39.4% |
| Accrued charges and deferred income | 492/3 | €9,101 | €4,727 | -€4,374 | -48.1% |
| Remuneration, social security and pensions | 62 | €4,014 | -€533 | -€4,547 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,292 | €5,667 | -€625 | -9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€28,740 | -€2,673 | +€26,067 | +90.7% |
| Other operating charges | 640/8 | €7,570 | €7,365 | -€206 | -2.7% |
| Gross operating margin | 9900 | €8,899 | €34,273 | +€25,374 | +285% |
| Operating profit (loss) | 9901 | €19,763 | €24,449 | +€4,685 | +23.7% |
| Financial income | 75/76B | €2,277 | €960 | -€1,317 | -57.9% |
| Recurring financial income | 75 | €2,277 | €960 | -€1,317 | -57.9% |
| Financial charges | 65/66B | €7,569 | €5,471 | -€2,098 | -27.7% |
| Recurring financial charges | 65 | €7,569 | €5,471 | -€2,098 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €14,471 | €19,937 | +€5,466 | +37.8% |
| Income taxes | 67/77 | €4,770 | €6,504 | +€1,734 | +36.4% |
| Profit (loss) for the period | 9904 | €9,701 | €13,433 | +€3,732 | +38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,701 | €13,433 | +€3,732 | +38.5% |
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 24 October 2026 via checked.be.