Electro-Werken De Proft: 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-Werken De Proft
Largest movements
- Stocks and contracts -€1.0m
down €1.0m (-98.9%), from €1.1m to €11,139
- Cash -€305,566
down €305,566 (-89.1%), from €342,761 to €37,196
mainly Trade debts (-€761,460) and Debts after one year (-€488,870)
- Receivables within one year +€181,981
up €181,981 (+14.9%), from €1.2m to €1.4m
of which Trade receivables: +€122,165
- Deferred charges and accrued income +€36,290
up €36,290 (+981%), from €3,699 to €39,989
- Trade debts -€761,460
down €761,460 (-61.1%), from €1.2m to €485,733
- Debts after one year -€488,870
down €488,870 (-88.4%), from €552,952 to €64,082
- Other debts -€255,998
down €255,998 (-77.4%), from €330,684 to €74,685
- Current portion of long-term debt +€255,026
up €255,026 (+1,070%), from €23,839 to €278,866
- Profit (loss) carried forward +€166,886
up €166,886 (+609%), from €27,383 to €194,269
- Write-downs +€277,497
new in 2025: €277,497
- Financial income +€198,442
new in 2025: €198,442
of which Non-recurring financial income: +€198,335
- Gross operating margin +€195,439
up €195,439 (+30.3%), from €644,205 to €839,644
- Taxes +€64,224
up €64,224 (+2,168%), from €2,963 to €67,187
- Staff costs +€36,179
up €36,179 (+9.1%), from €395,683 to €431,862
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 | €2,728,151 | €1,607,078 | -€1.1m | -41.1% |
| Fixed assets | 21/28 | €113,677 | €118,760 | +€5,083 | +4.5% |
| Tangible fixed assets | 22/27 | €101,367 | €115,450 | +€14,083 | +13.9% |
| Plant, machinery and equipment | 23 | €6,013 | €5,566 | -€446 | -7.4% |
| Furniture and vehicles | 24 | €95,354 | €109,884 | +€14,529 | +15.2% |
| Financial fixed assets | 28 | €12,310 | €3,310 | -€9,000 | -73.1% |
| Current assets | 29/58 | €2,614,474 | €1,488,318 | -€1.1m | -43.1% |
| Stocks and contracts in progress | 3 | €1,050,000 | €11,139 | -€1.0m | -98.9% |
| Stocks | 30/36 | €1,050,000 | €11,139 | -€1.0m | -98.9% |
| Amounts receivable within one year | 40/41 | €1,218,014 | €1,399,995 | +€181,981 | +14.9% |
| Trade receivables | 40 | €1,218,014 | €1,340,179 | +€122,165 | +10.0% |
| Other amounts receivable | 41 | - | €59,816 | +€59,816 | |
| Cash at bank and in hand | 54/58 | €342,761 | €37,196 | -€305,566 | -89.1% |
| Deferred charges and accrued income | 490/1 | €3,699 | €39,989 | +€36,290 | +981% |
| Total equity and liabilities | 10/49 | €2,728,151 | €1,607,078 | -€1.1m | -41.1% |
| Equity | 10/15 | €287,566 | €454,452 | +€166,886 | +58.0% |
| Contributions | 10/11 | €161,147 | €161,147 | = | 0.0% |
| Reserves | 13 | €99,035 | €99,035 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,882 | €13,882 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,882 | €13,882 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,735 | €1,735 | = | 0.0% |
| Distributable reserves | 133 | €83,418 | €83,418 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,383 | €194,269 | +€166,886 | +609% |
| Amounts payable | 17/49 | €2,440,586 | €1,152,626 | -€1.3m | -52.8% |
| Amounts payable after more than one year | 17 | €552,952 | €64,082 | -€488,870 | -88.4% |
| Financial debts | 170/4 | €552,952 | €64,082 | -€488,870 | -88.4% |
| Amounts payable within one year | 42/48 | €1,887,634 | €1,088,545 | -€799,089 | -42.3% |
| Current portion of amounts payable after more than one year | 42 | €23,839 | €278,866 | +€255,026 | +1,070% |
| Trade debts | 44 | €1,247,193 | €485,733 | -€761,460 | -61.1% |
| Suppliers | 440/4 | €1,247,193 | €485,733 | -€761,460 | -61.1% |
| Advances received on contracts in progress | 46 | €236,000 | €155,189 | -€80,811 | -34.2% |
| Taxes, remuneration and social security | 45 | €49,918 | €94,072 | +€44,153 | +88.5% |
| Taxes | 450/3 | €16,899 | €65,000 | +€48,101 | +285% |
| Remuneration and social security | 454/9 | €33,020 | €29,072 | -€3,948 | -12.0% |
| Other amounts payable | 47/48 | €330,684 | €74,685 | -€255,998 | -77.4% |
| Remuneration, social security and pensions | 62 | €395,683 | €431,862 | +€36,179 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,444 | €35,881 | +€6,437 | +21.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €277,497 | +€277,497 | |
| Other operating charges | 640/8 | - | €24,629 | +€24,629 | |
| Non-recurring operating charges | 66A | €183,642 | - | -€183,642 | |
| Gross operating margin | 9900 | €644,205 | €839,644 | +€195,439 | +30.3% |
| Operating profit (loss) | 9901 | €35,436 | €69,775 | +€34,339 | +96.9% |
| Financial income | 75/76B | - | €198,442 | +€198,442 | |
| Recurring financial income | 75 | - | €107 | +€107 | |
| Non-recurring financial income | 76B | - | €198,335 | +€198,335 | |
| Financial charges | 65/66B | €25,346 | €34,145 | +€8,799 | +34.7% |
| Recurring financial charges | 65 | €25,346 | €34,145 | +€8,799 | +34.7% |
| Profit (loss) for the period before taxes | 9903 | €10,090 | €234,072 | +€223,982 | +2,220% |
| Income taxes | 67/77 | €2,963 | €67,187 | +€64,224 | +2,168% |
| Profit (loss) for the period | 9904 | €7,127 | €166,886 | +€159,758 | +2,241% |
| Profit (loss) for the period to be appropriated | 9905 | €7,127 | €166,886 | +€159,758 | +2,241% |
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 25 October 2026 via checked.be.