ELECTRO WANTEN: 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 WANTEN
Largest movements
- Stocks and contracts -€17,441
down €17,441 (-9.8%), from €177,499 to €160,057
- Tangible fixed assets -€11,497
down €11,497 (-28.7%), from €40,014 to €28,517
of which Furniture and vehicles: -€10,841
- Receivables within one year -€6,369
down €6,369 (-43.4%), from €14,685 to €8,316
of which Trade receivables: -€4,866
- Other debts -€11,510
down €11,510 (-33.5%), from €34,310 to €22,801
- Trade debts -€10,598
down €10,598 (-57.4%), from €18,467 to €7,869
- Debts after one year -€5,761
down €5,761 (-23.8%), from €24,226 to €18,465
- Tax, wage and social debts -€4,016
down €4,016 (-47.9%), from €8,378 to €4,362
- Reserves -€3,802
down €3,802 (-3.0%), from €125,181 to €121,379
- Depreciation +€6,320
up €6,320 (+122%), from €5,176 to €11,497
- Gross operating margin -€5,216
down €5,216 (-24.2%), from €21,512 to €16,296
- Taxes +€1,845
up €1,845 (+39.6%), from €4,658 to €6,503
- Financial income +€535
up €535 (+297%), from €180 to €714
- Financial charges +€263
up €263 (+17.0%), from €1,553 to €1,816
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 | €241,342 | €205,907 | -€35,435 | -14.7% |
| Fixed assets | 21/28 | €40,014 | €28,517 | -€11,497 | -28.7% |
| Tangible fixed assets | 22/27 | €40,014 | €28,517 | -€11,497 | -28.7% |
| Plant, machinery and equipment | 23 | €1,078 | €712 | -€366 | -34.0% |
| Furniture and vehicles | 24 | €37,434 | €26,593 | -€10,841 | -29.0% |
| Other tangible fixed assets | 26 | €1,502 | €1,213 | -€289 | -19.2% |
| Current assets | 29/58 | €201,327 | €177,389 | -€23,938 | -11.9% |
| Stocks and contracts in progress | 3 | €177,499 | €160,057 | -€17,441 | -9.8% |
| Stocks | 30/36 | €177,499 | €160,057 | -€17,441 | -9.8% |
| Amounts receivable within one year | 40/41 | €14,685 | €8,316 | -€6,369 | -43.4% |
| Trade receivables | 40 | €9,685 | €4,819 | -€4,866 | -50.2% |
| Other amounts receivable | 41 | €5,000 | €3,497 | -€1,503 | -30.1% |
| Cash at bank and in hand | 54/58 | €5,374 | €6,675 | +€1,301 | +24.2% |
| Deferred charges and accrued income | 490/1 | €3,770 | €2,341 | -€1,429 | -37.9% |
| Total equity and liabilities | 10/49 | €241,342 | €205,907 | -€35,435 | -14.7% |
| Equity | 10/15 | €143,781 | €139,979 | -€3,802 | -2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €125,181 | €121,379 | -€3,802 | -3.0% |
| Distributable reserves | 133 | €125,181 | €121,379 | -€3,802 | -3.0% |
| Amounts payable | 17/49 | €97,561 | €65,928 | -€31,633 | -32.4% |
| Amounts payable after more than one year | 17 | €24,226 | €18,465 | -€5,761 | -23.8% |
| Financial debts | 170/4 | €24,226 | €18,465 | -€5,761 | -23.8% |
| Amounts payable within one year | 42/48 | €73,183 | €47,240 | -€25,943 | -35.4% |
| Current portion of amounts payable after more than one year | 42 | €5,574 | €5,761 | +€186 | +3.3% |
| Trade debts | 44 | €18,467 | €7,869 | -€10,598 | -57.4% |
| Suppliers | 440/4 | €18,467 | €7,869 | -€10,598 | -57.4% |
| Advances received on contracts in progress | 46 | €6,452 | €6,447 | -€5 | -0.1% |
| Taxes, remuneration and social security | 45 | €8,378 | €4,362 | -€4,016 | -47.9% |
| Taxes | 450/3 | €8,378 | €4,362 | -€4,016 | -47.9% |
| Other amounts payable | 47/48 | €34,310 | €22,801 | -€11,510 | -33.5% |
| Accrued charges and deferred income | 492/3 | €152 | €223 | +€71 | +46.8% |
| Non-recurring operating income | 76A | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,176 | €11,497 | +€6,320 | +122% |
| Other operating charges | 640/8 | €1,209 | €997 | -€211 | -17.5% |
| Gross operating margin | 9900 | €21,512 | €16,296 | -€5,216 | -24.2% |
| Operating profit (loss) | 9901 | €15,128 | €3,802 | -€11,325 | -74.9% |
| Financial income | 75/76B | €180 | €714 | +€535 | +297% |
| Recurring financial income | 75 | €180 | €714 | +€535 | +297% |
| Financial charges | 65/66B | €1,553 | €1,816 | +€263 | +17.0% |
| Recurring financial charges | 65 | €1,553 | €1,816 | +€263 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €13,755 | €2,701 | -€11,054 | -80.4% |
| Income taxes | 67/77 | €4,658 | €6,503 | +€1,845 | +39.6% |
| Profit (loss) for the period | 9904 | €9,097 | -€3,802 | -€12,899 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,097 | -€3,802 | -€12,899 |
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 23 October 2026 via checked.be.