ELECTRO VERHEYEN GERT: 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 VERHEYEN GERT
Largest movements
- Cash -€12,876
down €12,876 (-42.5%), from €30,280 to €17,403
mainly Contributions, distributions and other (-€17,110) and Receivables within one year (-€3,641)
- Tangible fixed assets -€8,090
down €8,090 (-33.2%), from €24,382 to €16,292
of which Furniture and vehicles: -€5,431
- Receivables within one year +€3,641
up €3,641 (+26.3%), from €13,869 to €17,510
of which Trade receivables: +€2,450
- Stocks and contracts -€1,540
down €1,540 (-11.1%), from €13,890 to €12,350
of which Contracts in progress: -€3,635
- Reserves -€16,496
down €16,496 (-31.7%), from €52,112 to €35,616
of which Distributable reserves: -€16,496
- Other debts -€2,182
no longer reported in 2025 (was €2,182)
- Tax, wage and social debts -€868
down €868 (-57.3%), from €1,515 to €647
- Gross operating margin -€5,401
down €5,401 (-35.9%), from €15,061 to €9,660
- Taxes -€1,250
down €1,250 (-80.3%), from €1,557 to €307
- Depreciation -€1,026
down €1,026 (-11.3%), from €9,115 to €8,090
- Other operating charges -€254
down €254 (-27.6%), from €921 to €667
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 | €84,001 | €65,207 | -€18,794 | -22.4% |
| Fixed assets | 21/28 | €24,382 | €16,292 | -€8,090 | -33.2% |
| Tangible fixed assets | 22/27 | €24,382 | €16,292 | -€8,090 | -33.2% |
| Plant, machinery and equipment | 23 | €1,358 | €843 | -€515 | -37.9% |
| Furniture and vehicles | 24 | €17,659 | €12,227 | -€5,431 | -30.8% |
| Other tangible fixed assets | 26 | €5,365 | €3,222 | -€2,143 | -39.9% |
| Current assets | 29/58 | €59,619 | €48,915 | -€10,704 | -18.0% |
| Stocks and contracts in progress | 3 | €13,890 | €12,350 | -€1,540 | -11.1% |
| Stocks | 30/36 | €7,770 | €9,865 | +€2,095 | +27.0% |
| Contracts in progress | 37 | €6,120 | €2,485 | -€3,635 | -59.4% |
| Amounts receivable within one year | 40/41 | €13,869 | €17,510 | +€3,641 | +26.3% |
| Trade receivables | 40 | €12,954 | €15,403 | +€2,450 | +18.9% |
| Other amounts receivable | 41 | €915 | €2,107 | +€1,191 | +130% |
| Cash at bank and in hand | 54/58 | €30,280 | €17,403 | -€12,876 | -42.5% |
| Deferred charges and accrued income | 490/1 | €1,581 | €1,652 | +€71 | +4.5% |
| Total equity and liabilities | 10/49 | €84,001 | €65,207 | -€18,794 | -22.4% |
| Equity | 10/15 | €69,564 | €53,068 | -€16,496 | -23.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €52,112 | €35,616 | -€16,496 | -31.7% |
| Tax-exempt reserves | 132 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €48,112 | €31,616 | -€16,496 | -34.3% |
| Profit (loss) carried forward | 14 | €11,252 | €11,252 | = | 0.0% |
| Amounts payable | 17/49 | €14,436 | €12,139 | -€2,297 | -15.9% |
| Amounts payable within one year | 42/48 | €14,436 | €12,139 | -€2,297 | -15.9% |
| Trade debts | 44 | €10,740 | €11,492 | +€752 | +7.0% |
| Suppliers | 440/4 | €10,740 | €11,492 | +€752 | +7.0% |
| Taxes, remuneration and social security | 45 | €1,515 | €647 | -€868 | -57.3% |
| Taxes | 450/3 | €1,515 | €647 | -€868 | -57.3% |
| Other amounts payable | 47/48 | €2,182 | - | -€2,182 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,115 | €8,090 | -€1,026 | -11.3% |
| Other operating charges | 640/8 | €921 | €667 | -€254 | -27.6% |
| Gross operating margin | 9900 | €15,061 | €9,660 | -€5,401 | -35.9% |
| Operating profit (loss) | 9901 | €5,025 | €904 | -€4,121 | -82.0% |
| Financial income | 75/76B | €359 | €218 | -€141 | -39.3% |
| Recurring financial income | 75 | €359 | €218 | -€141 | -39.3% |
| Financial charges | 65/66B | €314 | €201 | -€113 | -35.9% |
| Recurring financial charges | 65 | €314 | €201 | -€113 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €5,069 | €920 | -€4,149 | -81.8% |
| Income taxes | 67/77 | €1,557 | €307 | -€1,250 | -80.3% |
| Profit (loss) for the period | 9904 | €3,512 | €614 | -€2,898 | -82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,512 | €614 | -€2,898 | -82.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.