ELECTROVOLT: 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.
ELECTROVOLT
Largest movements
- Cash -€7,607
down €7,607 (-10.5%), from €72,753 to €65,146
mainly Net result for the year (-€19,363) and Trade debts (-€4,758)
- Tangible fixed assets -€6,108
down €6,108 (-30.2%), from €20,241 to €14,133
- Receivables within one year +€3,902
up €3,902 (+7.6%), from €51,603 to €55,505
of which Other amounts receivable: +€11,984
- Profit (loss) carried forward -€19,363
down €19,363 (-22.3%), from €86,740 to €67,377
- Advances received +€8,574
new in 2024: €8,574
- Tax, wage and social debts +€5,824
up €5,824 (+14.9%), from €39,109 to €44,933
of which Taxes: +€6,943
- Trade debts -€4,758
down €4,758 (-39.1%), from €12,157 to €7,400
- Gross operating margin -€87,118
down €87,118 (-68.4%), from €127,409 to €40,291
- Taxes -€15,093
down €15,093 (-97.0%), from €15,563 to €470
- Staff costs +€3,276
up €3,276 (+7.2%), from €45,761 to €49,037
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €144,596 | €134,783 | -€9,813 | -6.8% |
| Fixed assets | 21/28 | €20,241 | €14,133 | -€6,108 | -30.2% |
| Tangible fixed assets | 22/27 | €20,241 | €14,133 | -€6,108 | -30.2% |
| Furniture and vehicles | 24 | €20,241 | €14,133 | -€6,108 | -30.2% |
| Current assets | 29/58 | €124,356 | €120,651 | -€3,705 | -3.0% |
| Amounts receivable within one year | 40/41 | €51,603 | €55,505 | +€3,902 | +7.6% |
| Trade receivables | 40 | €42,789 | €34,707 | -€8,082 | -18.9% |
| Other amounts receivable | 41 | €8,813 | €20,797 | +€11,984 | +136.0% |
| Cash at bank and in hand | 54/58 | €72,753 | €65,146 | -€7,607 | -10.5% |
| Total equity and liabilities | 10/49 | €144,596 | €134,783 | -€9,813 | -6.8% |
| Equity | 10/15 | €93,240 | €73,877 | -€19,363 | -20.8% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,740 | €67,377 | -€19,363 | -22.3% |
| Amounts payable | 17/49 | €51,356 | €60,906 | +€9,550 | +18.6% |
| Amounts payable within one year | 42/48 | €51,266 | €60,906 | +€9,640 | +18.8% |
| Trade debts | 44 | €12,157 | €7,400 | -€4,758 | -39.1% |
| Suppliers | 440/4 | €12,157 | €7,400 | -€4,758 | -39.1% |
| Advances received on contracts in progress | 46 | - | €8,574 | +€8,574 | |
| Taxes, remuneration and social security | 45 | €39,109 | €44,933 | +€5,824 | +14.9% |
| Taxes | 450/3 | €32,888 | €39,831 | +€6,943 | +21.1% |
| Remuneration and social security | 454/9 | €6,221 | €5,102 | -€1,119 | -18.0% |
| Accrued charges and deferred income | 492/3 | €91 | - | -€91 | |
| Remuneration, social security and pensions | 62 | €45,761 | €49,037 | +€3,276 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,170 | €7,238 | +€68 | +0.9% |
| Other operating charges | 640/8 | €1,656 | €2,882 | +€1,226 | +74.0% |
| Gross operating margin | 9900 | €127,409 | €40,291 | -€87,118 | -68.4% |
| Operating profit (loss) | 9901 | €72,822 | -€18,866 | -€91,688 | |
| Financial income | 75/76B | €377 | €826 | +€449 | +119.0% |
| Recurring financial income | 75 | €377 | €826 | +€449 | +119.0% |
| Financial charges | 65/66B | €350 | €852 | +€502 | +143.5% |
| Recurring financial charges | 65 | €350 | €852 | +€502 | +143.5% |
| Profit (loss) for the period before taxes | 9903 | €72,849 | -€18,892 | -€91,741 | |
| Income taxes | 67/77 | €15,563 | €470 | -€15,093 | -97.0% |
| Profit (loss) for the period | 9904 | €57,286 | -€19,363 | -€76,648 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,286 | -€19,363 | -€76,648 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.