ELECTRO-VAUDREE: 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-VAUDREE
Largest movements
- Cash +€17,609
up €17,609 (+17.8%), from €99,082 to €116,691
mainly Receivables within one year (+€14,549) and Net result for the year (+€2,983)
- Receivables within one year -€14,549
down €14,549 (-79.2%), from €18,368 to €3,819
of which Trade receivables: -€12,786
- Reserves +€2,900
up €2,900 (+8.4%), from €34,679 to €37,579
of which Distributable reserves: +€2,900
- Gross operating margin -€8,191
down €8,191 (-58.7%), from €13,958 to €5,767
- Taxes -€2,859
down €2,859 (-64.6%), from €4,426 to €1,567
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 | €119,175 | €121,033 | +€1,858 | +1.6% |
| Fixed assets | 21/28 | €913 | €523 | -€390 | -42.7% |
| Tangible fixed assets | 22/27 | €913 | €523 | -€390 | -42.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €913 | €523 | -€390 | -42.7% |
| Current assets | 29/58 | €118,262 | €120,510 | +€2,248 | +1.9% |
| Amounts receivable within one year | 40/41 | €18,368 | €3,819 | -€14,549 | -79.2% |
| Trade receivables | 40 | €15,804 | €3,018 | -€12,786 | -80.9% |
| Other amounts receivable | 41 | €2,564 | €801 | -€1,763 | -68.7% |
| Cash at bank and in hand | 54/58 | €99,082 | €116,691 | +€17,609 | +17.8% |
| Deferred charges and accrued income | 490/1 | €811 | €0 | -€811 | -100.0% |
| Total equity and liabilities | 10/49 | €119,175 | €121,033 | +€1,858 | +1.6% |
| Equity | 10/15 | €110,843 | €113,826 | +€2,983 | +2.7% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €34,679 | €37,579 | +€2,900 | +8.4% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €32,200 | €35,100 | +€2,900 | +9.0% |
| Profit (loss) carried forward | 14 | €51,374 | €51,457 | +€83 | +0.2% |
| Amounts payable | 17/49 | €8,332 | €7,208 | -€1,125 | -13.5% |
| Amounts payable within one year | 42/48 | €8,332 | €7,208 | -€1,125 | -13.5% |
| Trade debts | 44 | €916 | €125 | -€791 | -86.4% |
| Suppliers | 440/4 | €916 | €125 | -€791 | -86.4% |
| Taxes, remuneration and social security | 45 | €6,578 | €5,993 | -€585 | -8.9% |
| Taxes | 450/3 | €6,578 | €5,993 | -€585 | -8.9% |
| Other amounts payable | 47/48 | €838 | €1,090 | +€252 | +30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €456 | €390 | -€65 | -14.3% |
| Other operating charges | 640/8 | €749 | €763 | +€14 | +1.9% |
| Gross operating margin | 9900 | €13,958 | €5,767 | -€8,191 | -58.7% |
| Operating profit (loss) | 9901 | €12,754 | €4,614 | -€8,140 | -63.8% |
| Financial income | 75/76B | €22 | €88 | +€65 | +291.3% |
| Recurring financial income | 75 | €22 | €88 | +€65 | +291.3% |
| Financial charges | 65/66B | €142 | €152 | +€10 | +7.2% |
| Recurring financial charges | 65 | €142 | €152 | +€10 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €12,634 | €4,550 | -€8,085 | -64.0% |
| Income taxes | 67/77 | €4,426 | €1,567 | -€2,859 | -64.6% |
| Profit (loss) for the period | 9904 | €8,209 | €2,983 | -€5,226 | -63.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,209 | €2,983 | -€5,226 | -63.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.