ELECTROPLUS CUYPERS: 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.
ELECTROPLUS CUYPERS
Largest movements
- Receivables within one year +€303,922
up €303,922 (+24.6%), from €1.2m to €1.5m
of which Trade receivables: +€325,922
- Receivables after one year -€289,142
no longer reported in 2025 (was €289,142)
- Cash -€195,284
down €195,284 (-48.3%), from €404,008 to €208,724
mainly Contributions, distributions and other (-€390,000) and Receivables within one year (-€303,922)
- Tangible fixed assets -€44,774
down €44,774 (-12.8%), from €350,110 to €305,335
of which Land and buildings: -€23,555
- Reserves -€154,500
down €154,500 (-10.6%), from €1.5m to €1.3m
of which Distributable reserves: -€154,500
- Tax, wage and social debts -€122,911
down €122,911 (-33.7%), from €364,492 to €241,582
of which Taxes: -€84,868
- Trade debts +€63,705
up €63,705 (+8.2%), from €774,643 to €838,348
- Short-term financial debts -€40,561
down €40,561 (-39.9%), from €101,605 to €61,044
- Staff costs -€99,134
down €99,134 (-8.8%), from €1.1m to €1.0m
- Gross operating margin -€84,829
down €84,829 (-5.7%), from €1.5m to €1.4m
- Financial income +€50,409
up €50,409 (+78.2%), from €64,487 to €114,896
of which Non-recurring financial income: +€37,577
- Taxes +€23,074
up €23,074 (+22.4%), from €102,840 to €125,913
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 | €3,426,597 | €3,132,129 | -€294,468 | -8.6% |
| Fixed assets | 21/28 | €461,094 | €384,944 | -€76,149 | -16.5% |
| Intangible fixed assets | 21 | €82,500 | €63,000 | -€19,500 | -23.6% |
| Tangible fixed assets | 22/27 | €350,110 | €305,335 | -€44,774 | -12.8% |
| Land and buildings | 22 | €284,474 | €260,919 | -€23,555 | -8.3% |
| Plant, machinery and equipment | 23 | €14,438 | €8,321 | -€6,117 | -42.4% |
| Furniture and vehicles | 24 | €27,006 | €19,848 | -€7,158 | -26.5% |
| Other tangible fixed assets | 26 | €24,192 | €16,247 | -€7,945 | -32.8% |
| Financial fixed assets | 28 | €28,484 | €16,609 | -€11,875 | -41.7% |
| Current assets | 29/58 | €2,965,503 | €2,747,184 | -€218,319 | -7.4% |
| Amounts receivable after more than one year | 29 | €289,142 | - | -€289,142 | |
| Other amounts receivable | 291 | €289,142 | - | -€289,142 | |
| Stocks and contracts in progress | 3 | €1,003,657 | €976,279 | -€27,378 | -2.7% |
| Stocks | 30/36 | €1,003,657 | €976,279 | -€27,378 | -2.7% |
| Amounts receivable within one year | 40/41 | €1,236,539 | €1,540,460 | +€303,922 | +24.6% |
| Trade receivables | 40 | €1,214,539 | €1,540,460 | +€325,922 | +26.8% |
| Other amounts receivable | 41 | €22,000 | - | -€22,000 | |
| Cash at bank and in hand | 54/58 | €404,008 | €208,724 | -€195,284 | -48.3% |
| Deferred charges and accrued income | 490/1 | €32,158 | €21,721 | -€10,436 | -32.5% |
| Total equity and liabilities | 10/49 | €3,426,597 | €3,132,129 | -€294,468 | -8.6% |
| Equity | 10/15 | €1,693,409 | €1,539,133 | -€154,276 | -9.1% |
| Contributions | 10/11 | €230,000 | €230,000 | = | 0.0% |
| Capital | 10 | €230,000 | €230,000 | = | 0.0% |
| Issued capital | 100 | €230,000 | €230,000 | = | 0.0% |
| Reserves | 13 | €1,460,287 | €1,305,787 | -€154,500 | -10.6% |
| Non-distributable reserves | 130/1 | €23,000 | €23,000 | = | 0.0% |
| Legal reserve | 130 | €23,000 | €23,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €83,287 | €83,287 | = | 0.0% |
| Distributable reserves | 133 | €1,354,000 | €1,199,500 | -€154,500 | -11.4% |
| Profit (loss) carried forward | 14 | €3,122 | €3,346 | +€224 | +7.2% |
| Amounts payable | 17/49 | €1,733,188 | €1,592,996 | -€140,192 | -8.1% |
| Amounts payable after more than one year | 17 | €400,963 | €379,674 | -€21,289 | -5.3% |
| Financial debts | 170/4 | €400,963 | €379,674 | -€21,289 | -5.3% |
| Amounts payable within one year | 42/48 | €1,329,703 | €1,205,909 | -€123,794 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €48,154 | €21,289 | -€26,865 | -55.8% |
| Financial debts | 43 | €101,605 | €61,044 | -€40,561 | -39.9% |
| Credit institutions | 430/8 | €101,605 | €61,044 | -€40,561 | -39.9% |
| Trade debts | 44 | €774,643 | €838,348 | +€63,705 | +8.2% |
| Suppliers | 440/4 | €774,643 | €838,348 | +€63,705 | +8.2% |
| Advances received on contracts in progress | 46 | €1,952 | - | -€1,952 | |
| Taxes, remuneration and social security | 45 | €364,492 | €241,582 | -€122,911 | -33.7% |
| Taxes | 450/3 | €227,430 | €142,562 | -€84,868 | -37.3% |
| Remuneration and social security | 454/9 | €137,062 | €99,019 | -€38,043 | -27.8% |
| Other amounts payable | 47/48 | €38,857 | €43,646 | +€4,789 | +12.3% |
| Accrued charges and deferred income | 492/3 | €2,522 | €7,413 | +€4,892 | +194% |
| Remuneration, social security and pensions | 62 | €1,132,010 | €1,032,876 | -€99,134 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,483 | €64,274 | -€10,209 | -13.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,454 | - | -€2,454 | |
| Other operating charges | 640/8 | €31,229 | €39,109 | +€7,880 | +25.2% |
| Gross operating margin | 9900 | €1,496,612 | €1,411,783 | -€84,829 | -5.7% |
| Operating profit (loss) | 9901 | €256,435 | €275,524 | +€19,089 | +7.4% |
| Financial income | 75/76B | €64,487 | €114,896 | +€50,409 | +78.2% |
| Recurring financial income | 75 | €58,520 | €71,352 | +€12,832 | +21.9% |
| Non-recurring financial income | 76B | €5,967 | €43,544 | +€37,577 | +630% |
| Financial charges | 65/66B | €40,272 | €28,783 | -€11,489 | -28.5% |
| Recurring financial charges | 65 | €39,828 | €28,783 | -€11,045 | -27.7% |
| Non-recurring financial charges | 66B | €445 | - | -€445 | |
| Profit (loss) for the period before taxes | 9903 | €280,650 | €361,637 | +€80,987 | +28.9% |
| Income taxes | 67/77 | €102,840 | €125,913 | +€23,074 | +22.4% |
| Profit (loss) for the period | 9904 | €177,810 | €235,724 | +€57,914 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €177,810 | €235,724 | +€57,914 | +32.6% |
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 21 October 2026 via checked.be.