ELECTROGRIP: 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.
ELECTROGRIP
Largest movements
- Cash +€17,917
up €17,917 (+5.5%), from €323,501 to €341,419
mainly Net result for the year (+€42,438) and Depreciation (+€15,179)
- Tangible fixed assets -€15,179
down €15,179 (-33.1%), from €45,922 to €30,744
- Receivables within one year +€10,729
up €10,729 (+19.2%), from €55,737 to €66,466
of which Trade receivables: +€10,758
- Reserves +€42,438
up €42,438 (+11.8%), from €359,365 to €401,804
of which Distributable reserves: +€42,438
- Tax, wage and social debts -€25,780
down €25,780 (-59.7%), from €43,188 to €17,408
- Trade debts -€5,640
down €5,640 (-68.5%), from €8,239 to €2,598
- Taxes -€29,043
down €29,043 (-70.7%), from €41,058 to €12,015
- Gross operating margin -€23,471
down €23,471 (-25.2%), from €93,150 to €69,679
- Other operating charges -€4,652
down €4,652 (-85.4%), from €5,446 to €794
- Depreciation +€2,062
up €2,062 (+15.7%), from €13,117 to €15,179
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 | €429,437 | €440,541 | +€11,104 | +2.6% |
| Fixed assets | 21/28 | €45,947 | €30,769 | -€15,179 | -33.0% |
| Tangible fixed assets | 22/27 | €45,922 | €30,744 | -€15,179 | -33.1% |
| Furniture and vehicles | 24 | €45,922 | €30,744 | -€15,179 | -33.1% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €383,490 | €409,773 | +€26,283 | +6.9% |
| Stocks and contracts in progress | 3 | €1,382 | €1,453 | +€71 | +5.2% |
| Stocks | 30/36 | €1,382 | €1,453 | +€71 | +5.2% |
| Amounts receivable within one year | 40/41 | €55,737 | €66,466 | +€10,729 | +19.2% |
| Trade receivables | 40 | €5,708 | €16,466 | +€10,758 | +188.5% |
| Other amounts receivable | 41 | €50,030 | €50,000 | -€30 | -0.1% |
| Cash at bank and in hand | 54/58 | €323,501 | €341,419 | +€17,917 | +5.5% |
| Deferred charges and accrued income | 490/1 | €2,870 | €435 | -€2,435 | -84.8% |
| Total equity and liabilities | 10/49 | €429,437 | €440,541 | +€11,104 | +2.6% |
| Equity | 10/15 | €377,957 | €420,396 | +€42,438 | +11.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €359,365 | €401,804 | +€42,438 | +11.8% |
| Non-distributable reserves | 130/1 | €251,859 | €251,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €250,000 | €250,000 | = | 0.0% |
| Distributable reserves | 133 | €107,506 | €149,945 | +€42,438 | +39.5% |
| Amounts payable | 17/49 | €51,480 | €20,145 | -€31,335 | -60.9% |
| Amounts payable within one year | 42/48 | €51,480 | €20,145 | -€31,335 | -60.9% |
| Trade debts | 44 | €8,239 | €2,598 | -€5,640 | -68.5% |
| Suppliers | 440/4 | €8,239 | €2,598 | -€5,640 | -68.5% |
| Taxes, remuneration and social security | 45 | €43,188 | €17,408 | -€25,780 | -59.7% |
| Taxes | 450/3 | €43,188 | €17,408 | -€25,780 | -59.7% |
| Other amounts payable | 47/48 | €53 | €139 | +€86 | +162.1% |
| Non-recurring operating income | 76A | €19,982 | €569 | -€19,413 | -97.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,117 | €15,179 | +€2,062 | +15.7% |
| Other operating charges | 640/8 | €5,446 | €794 | -€4,652 | -85.4% |
| Non-recurring operating charges | 66A | €98 | €116 | +€18 | +18.4% |
| Gross operating margin | 9900 | €93,150 | €69,679 | -€23,471 | -25.2% |
| Operating profit (loss) | 9901 | €74,489 | €53,590 | -€20,899 | -28.1% |
| Financial income | 75/76B | €1,447 | €1,060 | -€387 | -26.7% |
| Recurring financial income | 75 | €1,447 | €1,060 | -€387 | -26.7% |
| Financial charges | 65/66B | €118 | €197 | +€79 | +67.1% |
| Recurring financial charges | 65 | €118 | €197 | +€79 | +67.1% |
| Profit (loss) for the period before taxes | 9903 | €75,819 | €54,454 | -€21,365 | -28.2% |
| Income taxes | 67/77 | €41,058 | €12,015 | -€29,043 | -70.7% |
| Profit (loss) for the period | 9904 | €34,761 | €42,438 | +€7,678 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,761 | €42,438 | +€7,678 | +22.1% |
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 4 October 2026 via checked.be.