ELECTRO VAN DAMME: 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 DAMME
Largest movements
- Cash -€21,741
down €21,741 (-82.3%), from €26,412 to €4,670
mainly Trade debts (-€20,164) and Net result for the year (-€16,985)
- Tangible fixed assets -€5,429
down €5,429 (-16.4%), from €33,190 to €27,761
of which Other tangible fixed assets: -€3,637
- Stocks and contracts -€4,914
down €4,914 (-16.4%), from €29,984 to €25,070
- Receivables within one year +€3,872
up €3,872 (+10.4%), from €37,118 to €40,990
of which Trade receivables: +€2,711
- Deferred charges and accrued income +€2,285
up €2,285 (+47.5%), from €4,816 to €7,101
- Trade debts -€20,164
down €20,164 (-66.3%), from €30,399 to €10,234
- Profit (loss) carried forward -€16,985
down €16,985 (-148%), from -€11,464 to -€28,450
- Short-term financial debts +€11,133
up €11,133, from €0 to €11,133
- Staff costs -€6,295
down €6,295 (-87.5%), from €7,198 to €903
- Gross operating margin +€697
up €697 (+7.6%), from -€9,203 to -€8,505
- Depreciation +€552
up €552 (+11.3%), from €4,877 to €5,429
- Financial charges +€515
up €515 (+37.4%), from €1,375 to €1,890
- Financial income -€152
down €152 (-15.9%), from €955 to €803
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 | €131,519 | €105,592 | -€25,927 | -19.7% |
| Fixed assets | 21/28 | €33,190 | €27,761 | -€5,429 | -16.4% |
| Tangible fixed assets | 22/27 | €33,190 | €27,761 | -€5,429 | -16.4% |
| Plant, machinery and equipment | 23 | €2,070 | €1,414 | -€656 | -31.7% |
| Furniture and vehicles | 24 | €2,786 | €1,650 | -€1,136 | -40.8% |
| Other tangible fixed assets | 26 | €28,335 | €24,697 | -€3,637 | -12.8% |
| Current assets | 29/58 | €98,329 | €77,831 | -€20,498 | -20.8% |
| Stocks and contracts in progress | 3 | €29,984 | €25,070 | -€4,914 | -16.4% |
| Stocks | 30/36 | €29,984 | €25,070 | -€4,914 | -16.4% |
| Amounts receivable within one year | 40/41 | €37,118 | €40,990 | +€3,872 | +10.4% |
| Trade receivables | 40 | €18,788 | €21,499 | +€2,711 | +14.4% |
| Other amounts receivable | 41 | €18,330 | €19,491 | +€1,161 | +6.3% |
| Cash at bank and in hand | 54/58 | €26,412 | €4,670 | -€21,741 | -82.3% |
| Deferred charges and accrued income | 490/1 | €4,816 | €7,101 | +€2,285 | +47.5% |
| Total equity and liabilities | 10/49 | €131,519 | €105,592 | -€25,927 | -19.7% |
| Equity | 10/15 | €101,101 | €84,115 | -€16,985 | -16.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €93,965 | €93,965 | = | 0.0% |
| Distributable reserves | 133 | €93,965 | €93,965 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,464 | -€28,450 | -€16,985 | -148% |
| Amounts payable | 17/49 | €30,418 | €21,477 | -€8,941 | -29.4% |
| Amounts payable within one year | 42/48 | €30,418 | €21,367 | -€9,051 | -29.8% |
| Financial debts | 43 | €0 | €11,133 | +€11,133 | |
| Credit institutions | 430/8 | €0 | €11,133 | +€11,133 | |
| Trade debts | 44 | €30,399 | €10,234 | -€20,164 | -66.3% |
| Suppliers | 440/4 | €30,399 | €10,234 | -€20,164 | -66.3% |
| Taxes, remuneration and social security | 45 | €20 | €0 | -€20 | -100% |
| Remuneration and social security | 454/9 | €20 | €0 | -€20 | -100% |
| Accrued charges and deferred income | 492/3 | - | €110 | +€110 | |
| Remuneration, social security and pensions | 62 | €7,198 | €903 | -€6,295 | -87.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,877 | €5,429 | +€552 | +11.3% |
| Other operating charges | 640/8 | €1,147 | €1,050 | -€97 | -8.5% |
| Gross operating margin | 9900 | -€9,203 | -€8,505 | +€697 | +7.6% |
| Operating profit (loss) | 9901 | -€22,424 | -€15,886 | +€6,538 | +29.2% |
| Financial income | 75/76B | €955 | €803 | -€152 | -15.9% |
| Recurring financial income | 75 | €955 | €803 | -€152 | -15.9% |
| Financial charges | 65/66B | €1,375 | €1,890 | +€515 | +37.4% |
| Recurring financial charges | 65 | €1,375 | €1,890 | +€515 | +37.4% |
| Profit (loss) for the period before taxes | 9903 | -€22,844 | -€16,973 | +€5,871 | +25.7% |
| Income taxes | 67/77 | €31 | €13 | -€18 | -59.4% |
| Profit (loss) for the period | 9904 | -€22,875 | -€16,985 | +€5,889 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,875 | -€16,985 | +€5,889 | +25.7% |
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 29 October 2026 via checked.be.