Electro Vreys: 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 Vreys
Largest movements
- Cash -€70,697
down €70,697 (-61.1%), from €115,742 to €45,045
mainly Investment in fixed assets (net) (-€98,210) and Trade debts (-€75,890)
- Tangible fixed assets +€66,134
up €66,134 (+119.0%), from €55,579 to €121,713
of which Furniture and vehicles: +€74,797
- Receivables within one year -€36,150
down €36,150 (-61.1%), from €59,118 to €22,968
of which Trade receivables: -€35,235
- Deferred charges and accrued income +€10,465
up €10,465 (+66.9%), from €15,650 to €26,115
- Trade debts -€75,890
down €75,890 (-68.8%), from €110,373 to €34,483
- Other debts +€35,317
up €35,317 (+2194.5%), from €1,609 to €36,926
- Profit (loss) carried forward -€19,298
down €19,298 (-34.9%), from -€55,280 to -€74,578
- Tax, wage and social debts +€18,650
up €18,650 (+55.2%), from €33,764 to €52,414
of which Taxes: +€13,354
- Debts after one year -€13,956
down €13,956 (-2.5%), from €554,385 to €540,429
- Gross operating margin +€96,899
up €96,899 (+97.5%), from €99,369 to €196,269
- Staff costs +€58,623
up €58,623 (+49.2%), from €119,203 to €177,825
- Financial income +€16,755
up €16,755 (+59478.9%), from €28 to €16,783
- Financial charges +€15,573
up €15,573 (+325.8%), from €4,780 to €20,354
- Depreciation +€3,343
up €3,343 (+11.4%), from €29,323 to €32,665
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 | €754,836 | €719,490 | -€35,346 | -4.7% |
| Fixed assets | 21/28 | €59,958 | €125,503 | +€65,545 | +109.3% |
| Intangible fixed assets | 21 | €4,379 | €3,790 | -€589 | -13.5% |
| Tangible fixed assets | 22/27 | €55,579 | €121,713 | +€66,134 | +119.0% |
| Plant, machinery and equipment | 23 | €18,693 | €10,030 | -€8,663 | -46.3% |
| Furniture and vehicles | 24 | €36,886 | €111,683 | +€74,797 | +202.8% |
| Current assets | 29/58 | €694,878 | €593,987 | -€100,891 | -14.5% |
| Stocks and contracts in progress | 3 | €504,368 | €499,859 | -€4,510 | -0.9% |
| Stocks | 30/36 | €504,368 | €499,859 | -€4,510 | -0.9% |
| Amounts receivable within one year | 40/41 | €59,118 | €22,968 | -€36,150 | -61.1% |
| Trade receivables | 40 | €58,203 | €22,968 | -€35,235 | -60.5% |
| Other amounts receivable | 41 | €915 | - | -€915 | |
| Cash at bank and in hand | 54/58 | €115,742 | €45,045 | -€70,697 | -61.1% |
| Deferred charges and accrued income | 490/1 | €15,650 | €26,115 | +€10,465 | +66.9% |
| Total equity and liabilities | 10/49 | €754,836 | €719,490 | -€35,346 | -4.7% |
| Equity | 10/15 | -€20,280 | -€39,578 | -€19,298 | -95.2% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,280 | -€74,578 | -€19,298 | -34.9% |
| Amounts payable | 17/49 | €775,115 | €759,067 | -€16,048 | -2.1% |
| Amounts payable after more than one year | 17 | €554,385 | €540,429 | -€13,956 | -2.5% |
| Financial debts | 170/4 | €554,385 | €540,429 | -€13,956 | -2.5% |
| Amounts payable within one year | 42/48 | €219,335 | €214,286 | -€5,049 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €10,911 | €22,562 | +€11,651 | +106.8% |
| Financial debts | 43 | €62,678 | €67,901 | +€5,223 | +8.3% |
| Other loans | 439 | €62,678 | €67,901 | +€5,223 | +8.3% |
| Trade debts | 44 | €110,373 | €34,483 | -€75,890 | -68.8% |
| Suppliers | 440/4 | €110,373 | €34,483 | -€75,890 | -68.8% |
| Taxes, remuneration and social security | 45 | €33,764 | €52,414 | +€18,650 | +55.2% |
| Taxes | 450/3 | €6,530 | €19,884 | +€13,354 | +204.5% |
| Remuneration and social security | 454/9 | €27,233 | €32,530 | +€5,296 | +19.4% |
| Other amounts payable | 47/48 | €1,609 | €36,926 | +€35,317 | +2194.5% |
| Accrued charges and deferred income | 492/3 | €1,396 | €4,352 | +€2,957 | +211.8% |
| Remuneration, social security and pensions | 62 | €119,203 | €177,825 | +€58,623 | +49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,323 | €32,665 | +€3,343 | +11.4% |
| Other operating charges | 640/8 | €660 | €785 | +€125 | +19.0% |
| Non-recurring operating charges | 66A | - | €1 | +€1 | |
| Gross operating margin | 9900 | €99,369 | €196,269 | +€96,899 | +97.5% |
| Operating profit (loss) | 9901 | -€49,816 | -€15,008 | +€34,808 | +69.9% |
| Financial income | 75/76B | €28 | €16,783 | +€16,755 | +59478.9% |
| Recurring financial income | 75 | €28 | €16,783 | +€16,755 | +59478.9% |
| Financial charges | 65/66B | €4,780 | €20,354 | +€15,573 | +325.8% |
| Recurring financial charges | 65 | €4,780 | €20,354 | +€15,573 | +325.8% |
| Profit (loss) for the period before taxes | 9903 | -€54,568 | -€18,578 | +€35,990 | +66.0% |
| Income taxes | 67/77 | €711 | €720 | +€8 | +1.1% |
| Profit (loss) for the period | 9904 | -€55,280 | -€19,298 | +€35,982 | +65.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,280 | -€19,298 | +€35,982 | +65.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.