ELEKTRICITEIT VANNESTE: what changed
ELEKTRICITEIT VANNESTE
Largest movements
- Receivables within one year -€21,295
down €21,295 (-39.3%), from €54,244 to €32,949
of which Trade receivables: -€25,597
- Stocks and contracts +€6,881
up €6,881 (+38.1%), from €18,055 to €24,936
- Cash -€5,975
down €5,975 (-8.7%), from €68,627 to €62,652
mainly Other debts (-€16,409) and Debts after one year (-€7,725)
- Tangible fixed assets -€5,916
down €5,916 (-16.3%), from €36,388 to €30,472
of which Furniture and vehicles: -€4,095
- Other debts -€16,409
down €16,409 (-26.9%), from €60,926 to €44,517
- Debts after one year -€7,725
down €7,725 (-51.6%), from €14,963 to €7,238
- Tax, wage and social debts -€4,956
down €4,956 (-92.3%), from €5,368 to €412
- Accrued charges and deferred income +€4,218
up €4,218 (+123%), from €3,422 to €7,640
- Trade debts -€2,845
down €2,845 (-30.0%), from €9,471 to €6,625
- Gross operating margin -€8,105
down €8,105 (-31.4%), from €25,837 to €17,733
- Depreciation +€5,559
up €5,559 (+253%), from €2,196 to €7,754
- Taxes -€4,828
down €4,828 (-80.2%), from €6,018 to €1,190
- Financial charges +€1,668
up €1,668 (+36.5%), from €4,565 to €6,233
- Other operating charges -€1,425
down €1,425 (-41.1%), from €3,465 to €2,040
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €177,753 | €151,772 | -€25,981 | -14.6% |
| Fixed assets | 21/28 | €36,488 | €30,572 | -€5,916 | -16.2% |
| Tangible fixed assets | 22/27 | €36,388 | €30,472 | -€5,916 | -16.3% |
| Plant, machinery and equipment | 23 | €1,295 | €934 | -€361 | -27.9% |
| Furniture and vehicles | 24 | €27,901 | €23,806 | -€4,095 | -14.7% |
| Other tangible fixed assets | 26 | €7,192 | €5,732 | -€1,460 | -20.3% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €141,265 | €121,200 | -€20,065 | -14.2% |
| Stocks and contracts in progress | 3 | €18,055 | €24,936 | +€6,881 | +38.1% |
| Stocks | 30/36 | €18,055 | €24,936 | +€6,881 | +38.1% |
| Amounts receivable within one year | 40/41 | €54,244 | €32,949 | -€21,295 | -39.3% |
| Trade receivables | 40 | €49,558 | €23,961 | -€25,597 | -51.7% |
| Other amounts receivable | 41 | €4,687 | €8,988 | +€4,302 | +91.8% |
| Cash at bank and in hand | 54/58 | €68,627 | €62,652 | -€5,975 | -8.7% |
| Deferred charges and accrued income | 490/1 | €338 | €663 | +€325 | +96.0% |
| Total equity and liabilities | 10/49 | €177,753 | €151,772 | -€25,981 | -14.6% |
| Equity | 10/15 | €74,881 | €76,957 | +€2,076 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €55,575 | €57,651 | +€2,076 | +3.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €53,715 | €55,791 | +€2,076 | +3.9% |
| Profit (loss) carried forward | 14 | €705 | €705 | = | 0.0% |
| Amounts payable | 17/49 | €102,872 | €74,815 | -€28,057 | -27.3% |
| Amounts payable after more than one year | 17 | €14,963 | €7,238 | -€7,725 | -51.6% |
| Financial debts | 170/4 | €14,963 | €7,238 | -€7,725 | -51.6% |
| Amounts payable within one year | 42/48 | €84,487 | €59,937 | -€24,549 | -29.1% |
| Current portion of amounts payable after more than one year | 42 | €8,723 | €8,383 | -€340 | -3.9% |
| Trade debts | 44 | €9,471 | €6,625 | -€2,845 | -30.0% |
| Suppliers | 440/4 | €9,471 | €6,625 | -€2,845 | -30.0% |
| Taxes, remuneration and social security | 45 | €5,368 | €412 | -€4,956 | -92.3% |
| Taxes | 450/3 | €5,368 | €412 | -€4,956 | -92.3% |
| Other amounts payable | 47/48 | €60,926 | €44,517 | -€16,409 | -26.9% |
| Accrued charges and deferred income | 492/3 | €3,422 | €7,640 | +€4,218 | +123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,196 | €7,754 | +€5,559 | +253% |
| Other operating charges | 640/8 | €3,465 | €2,040 | -€1,425 | -41.1% |
| Gross operating margin | 9900 | €25,837 | €17,733 | -€8,105 | -31.4% |
| Operating profit (loss) | 9901 | €20,177 | €7,938 | -€12,239 | -60.7% |
| Financial income | 75/76B | €2,168 | €1,561 | -€608 | -28.0% |
| Recurring financial income | 75 | €2,168 | €1,561 | -€608 | -28.0% |
| Financial charges | 65/66B | €4,565 | €6,233 | +€1,668 | +36.5% |
| Recurring financial charges | 65 | €4,565 | €6,233 | +€1,668 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €17,780 | €3,266 | -€14,514 | -81.6% |
| Income taxes | 67/77 | €6,018 | €1,190 | -€4,828 | -80.2% |
| Profit (loss) for the period | 9904 | €11,762 | €2,076 | -€9,686 | -82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,762 | €2,076 | -€9,686 | -82.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.