ELECTRO W. CLEEMPUT: 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 W. CLEEMPUT
Largest movements
- Stocks and contracts -€11,780
down €11,780 (-13.9%), from €84,832 to €73,052
of which Contracts in progress: -€9,000
- Receivables within one year +€11,520
up €11,520 (+5.6%), from €205,881 to €217,401
of which Other amounts receivable: +€12,773
- Profit (loss) carried forward -€9,716
down €9,716 (-23.8%), from -€40,739 to -€50,455
- Trade debts +€9,128
up €9,128 (+33.4%), from €27,302 to €36,430
- Gross operating margin +€4,371
up €4,371 (+7.4%), from €58,798 to €63,169
- Staff costs +€1,915
up €1,915 (+2.8%), from €67,946 to €69,861
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 | €692,531 | €692,320 | -€210 | 0.0% |
| Fixed assets | 21/28 | €8,897 | €7,031 | -€1,866 | -21.0% |
| Tangible fixed assets | 22/27 | €5,385 | €3,519 | -€1,866 | -34.7% |
| Plant, machinery and equipment | 23 | €34 | - | -€34 | |
| Other tangible fixed assets | 26 | €5,351 | €3,519 | -€1,832 | -34.2% |
| Financial fixed assets | 28 | €3,512 | €3,512 | = | 0.0% |
| Current assets | 29/58 | €683,633 | €685,289 | +€1,656 | +0.2% |
| Stocks and contracts in progress | 3 | €84,832 | €73,052 | -€11,780 | -13.9% |
| Stocks | 30/36 | €58,832 | €56,052 | -€2,780 | -4.7% |
| Contracts in progress | 37 | €26,000 | €17,000 | -€9,000 | -34.6% |
| Amounts receivable within one year | 40/41 | €205,881 | €217,401 | +€11,520 | +5.6% |
| Trade receivables | 40 | €47,283 | €46,030 | -€1,254 | -2.7% |
| Other amounts receivable | 41 | €158,598 | €171,371 | +€12,773 | +8.1% |
| Cash at bank and in hand | 54/58 | €387,157 | €389,464 | +€2,307 | +0.6% |
| Deferred charges and accrued income | 490/1 | €5,763 | €5,373 | -€391 | -6.8% |
| Total equity and liabilities | 10/49 | €692,531 | €692,320 | -€210 | 0.0% |
| Equity | 10/15 | €656,372 | €646,656 | -€9,716 | -1.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €635,111 | €635,111 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €628,911 | €628,911 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,739 | -€50,455 | -€9,716 | -23.8% |
| Amounts payable | 17/49 | €36,159 | €45,664 | +€9,506 | +26.3% |
| Amounts payable within one year | 42/48 | €36,159 | €45,664 | +€9,506 | +26.3% |
| Trade debts | 44 | €27,302 | €36,430 | +€9,128 | +33.4% |
| Suppliers | 440/4 | €27,302 | €36,430 | +€9,128 | +33.4% |
| Taxes, remuneration and social security | 45 | €8,857 | €9,235 | +€378 | +4.3% |
| Taxes | 450/3 | - | €228 | +€228 | |
| Remuneration and social security | 454/9 | €8,857 | €9,007 | +€150 | +1.7% |
| Remuneration, social security and pensions | 62 | €67,946 | €69,861 | +€1,915 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,867 | €1,866 | -€1 | -0.1% |
| Other operating charges | 640/8 | €979 | €874 | -€104 | -10.7% |
| Gross operating margin | 9900 | €58,798 | €63,169 | +€4,371 | +7.4% |
| Operating profit (loss) | 9901 | -€11,994 | -€9,432 | +€2,562 | +21.4% |
| Financial income | 75/76B | €31 | €23 | -€8 | -26.8% |
| Recurring financial income | 75 | €31 | €23 | -€8 | -26.8% |
| Financial charges | 65/66B | €271 | €306 | +€35 | +12.8% |
| Recurring financial charges | 65 | €271 | €306 | +€35 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,234 | -€9,715 | +€2,519 | +20.6% |
| Income taxes | 67/77 | €0 | €1 | +€0 | +50.0% |
| Profit (loss) for the period | 9904 | -€12,234 | -€9,716 | +€2,518 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,234 | -€9,716 | +€2,518 | +20.6% |
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 7 October 2026 via checked.be.