ELEKTRICITEIT HOSTE: 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.
ELEKTRICITEIT HOSTE
Largest movements
- Stocks and contracts +€101,438
up €101,438 (+285.4%), from €35,544 to €136,982
of which Contracts in progress: +€100,927
- Cash -€47,246
down €47,246 (-100.0%), from €47,246 to €0
mainly Stocks and contracts (-€101,438) and Receivables within one year (-€32,622)
- Receivables within one year +€32,622
up €32,622 (+266.1%), from €12,261 to €44,883
of which Trade receivables: +€23,235
- Trade debts +€48,198
up €48,198 (+151.3%), from €31,850 to €80,048
- Reserves +€46,393
up €46,393 (+498.6%), from €9,304 to €55,697
- Other debts -€19,594
down €19,594 (-37.3%), from €52,466 to €32,872
- Tax, wage and social debts +€14,359
up €14,359 (+87.8%), from €16,363 to €30,723
of which Taxes: +€14,509
- Debts after one year -€4,447
down €4,447 (-69.8%), from €6,369 to €1,923
- Gross operating margin +€82,633
up €82,633 (+162.4%), from €50,891 to €133,524
- Staff costs +€24,308
up €24,308 (+75.3%), from €32,264 to €56,572
- Taxes +€14,178
up €14,178 (+402.1%), from €3,526 to €17,704
- Financial charges +€6,115
up €6,115 (+602.1%), from €1,016 to €7,130
- Depreciation +€3,615
up €3,615 (+79.4%), from €4,555 to €8,170
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 | €125,572 | €213,255 | +€87,684 | +69.8% |
| Fixed assets | 21/28 | €30,522 | €31,306 | +€785 | +2.6% |
| Tangible fixed assets | 22/27 | €30,522 | €31,306 | +€785 | +2.6% |
| Plant, machinery and equipment | 23 | €19,298 | €17,382 | -€1,916 | -9.9% |
| Furniture and vehicles | 24 | €11,223 | €13,925 | +€2,701 | +24.1% |
| Current assets | 29/58 | €95,050 | €181,949 | +€86,899 | +91.4% |
| Stocks and contracts in progress | 3 | €35,544 | €136,982 | +€101,438 | +285.4% |
| Stocks | 30/36 | €10,352 | €10,863 | +€511 | +4.9% |
| Contracts in progress | 37 | €25,192 | €126,119 | +€100,927 | +400.6% |
| Amounts receivable within one year | 40/41 | €12,261 | €44,883 | +€32,622 | +266.1% |
| Trade receivables | 40 | €7,312 | €30,547 | +€23,235 | +317.8% |
| Other amounts receivable | 41 | €4,949 | €14,335 | +€9,387 | +189.7% |
| Cash at bank and in hand | 54/58 | €47,246 | €0 | -€47,246 | -100.0% |
| Deferred charges and accrued income | 490/1 | - | €85 | +€85 | |
| Total equity and liabilities | 10/49 | €125,572 | €213,255 | +€87,684 | +69.8% |
| Equity | 10/15 | €14,304 | €60,697 | +€46,393 | +324.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €9,304 | €55,697 | +€46,393 | +498.6% |
| Distributable reserves | 133 | €9,304 | €55,697 | +€46,393 | +498.6% |
| Amounts payable | 17/49 | €111,268 | €152,559 | +€41,291 | +37.1% |
| Amounts payable after more than one year | 17 | €6,369 | €1,923 | -€4,447 | -69.8% |
| Financial debts | 170/4 | €6,369 | €1,923 | -€4,447 | -69.8% |
| Amounts payable within one year | 42/48 | €104,899 | €150,636 | +€45,737 | +43.6% |
| Current portion of amounts payable after more than one year | 42 | €4,220 | €4,447 | +€227 | +5.4% |
| Financial debts | 43 | - | €2,547 | +€2,547 | |
| Credit institutions | 430/8 | - | €2,547 | +€2,547 | |
| Trade debts | 44 | €31,850 | €80,048 | +€48,198 | +151.3% |
| Suppliers | 440/4 | €31,850 | €80,048 | +€48,198 | +151.3% |
| Taxes, remuneration and social security | 45 | €16,363 | €30,723 | +€14,359 | +87.8% |
| Taxes | 450/3 | €10,543 | €25,052 | +€14,509 | +137.6% |
| Remuneration and social security | 454/9 | €5,820 | €5,670 | -€150 | -2.6% |
| Other amounts payable | 47/48 | €52,466 | €32,872 | -€19,594 | -37.3% |
| Non-recurring operating income | 76A | - | €16,235 | +€16,235 | |
| Remuneration, social security and pensions | 62 | €32,264 | €56,572 | +€24,308 | +75.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,555 | €8,170 | +€3,615 | +79.4% |
| Other operating charges | 640/8 | €718 | €594 | -€124 | -17.3% |
| Non-recurring operating charges | 66A | €365 | €0 | -€365 | -100.0% |
| Gross operating margin | 9900 | €50,891 | €133,524 | +€82,633 | +162.4% |
| Operating profit (loss) | 9901 | €12,988 | €68,188 | +€55,200 | +425.0% |
| Financial income | 75/76B | €857 | €3,039 | +€2,182 | +254.4% |
| Recurring financial income | 75 | €857 | €3,039 | +€2,182 | +254.4% |
| Financial charges | 65/66B | €1,016 | €7,130 | +€6,115 | +602.1% |
| Recurring financial charges | 65 | €1,016 | €7,130 | +€6,115 | +602.1% |
| Profit (loss) for the period before taxes | 9903 | €12,830 | €64,097 | +€51,267 | +399.6% |
| Income taxes | 67/77 | €3,526 | €17,704 | +€14,178 | +402.1% |
| Profit (loss) for the period | 9904 | €9,304 | €46,393 | +€37,089 | +398.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,304 | €46,393 | +€37,089 | +398.6% |
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 12 October 2026 via checked.be.