Elektriciteitswerken BT: what changed
Elektriciteitswerken BT
Largest movements
- Receivables within one year +€41,235
up €41,235 (+103%), from €40,008 to €81,244
of which Other amounts receivable: +€23,274
- Cash -€24,227
down €24,227 (-23.1%), from €104,797 to €80,570
mainly Receivables within one year (-€41,235) and Debts after one year (-€9,974)
- Tangible fixed assets -€15,398
down €15,398 (-33.2%), from €46,325 to €30,928
of which Furniture and vehicles: -€10,409
- Tax, wage and social debts +€10,207
up €10,207 (+140%), from €7,276 to €17,483
of which Taxes: +€6,385
- Debts after one year -€9,974
down €9,974 (-31.6%), from €31,520 to €21,546
- Reserves +€9,445
up €9,445 (+10.2%), from €92,643 to €102,088
- Other debts -€4,110
down €4,110 (-25.1%), from €16,343 to €12,233
- Trade debts -€3,945
down €3,945 (-17.4%), from €22,714 to €18,769
- Turnover -€448,314
no longer reported in 2025 (was €448,314)
- Purchases and services -€382,423
no longer reported in 2025 (was €382,423)
- Gross operating margin -€42,881
down €42,881 (-55.3%), from €77,514 to €34,634
- Taxes -€12,577
down €12,577 (-75.8%), from €16,602 to €4,025
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 | €202,041 | €202,546 | +€505 | +0.2% |
| Fixed assets | 21/28 | €46,325 | €30,928 | -€15,398 | -33.2% |
| Tangible fixed assets | 22/27 | €46,325 | €30,928 | -€15,398 | -33.2% |
| Land and buildings | 22 | €6,457 | €5,424 | -€1,033 | -16.0% |
| Plant, machinery and equipment | 23 | €8,641 | €4,686 | -€3,956 | -45.8% |
| Furniture and vehicles | 24 | €31,227 | €20,818 | -€10,409 | -33.3% |
| Current assets | 29/58 | €155,716 | €171,618 | +€15,902 | +10.2% |
| Stocks and contracts in progress | 3 | €7,250 | €7,250 | = | 0.0% |
| Stocks | 30/36 | €7,250 | €7,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €40,008 | €81,244 | +€41,235 | +103% |
| Trade receivables | 40 | €13,415 | €31,377 | +€17,962 | +134% |
| Other amounts receivable | 41 | €26,593 | €49,867 | +€23,274 | +87.5% |
| Cash at bank and in hand | 54/58 | €104,797 | €80,570 | -€24,227 | -23.1% |
| Deferred charges and accrued income | 490/1 | €3,661 | €2,555 | -€1,106 | -30.2% |
| Total equity and liabilities | 10/49 | €202,041 | €202,546 | +€505 | +0.2% |
| Equity | 10/15 | €112,643 | €122,088 | +€9,445 | +8.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €92,643 | €102,088 | +€9,445 | +10.2% |
| Distributable reserves | 133 | €92,643 | €102,088 | +€9,445 | +10.2% |
| Amounts payable | 17/49 | €89,398 | €80,458 | -€8,941 | -10.0% |
| Amounts payable after more than one year | 17 | €31,520 | €21,546 | -€9,974 | -31.6% |
| Financial debts | 170/4 | €31,520 | €21,546 | -€9,974 | -31.6% |
| Amounts payable within one year | 42/48 | €55,808 | €58,458 | +€2,650 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €9,476 | €9,974 | +€498 | +5.3% |
| Trade debts | 44 | €22,714 | €18,769 | -€3,945 | -17.4% |
| Suppliers | 440/4 | €22,714 | €18,769 | -€3,945 | -17.4% |
| Taxes, remuneration and social security | 45 | €7,276 | €17,483 | +€10,207 | +140% |
| Taxes | 450/3 | €4,541 | €10,926 | +€6,385 | +141% |
| Remuneration and social security | 454/9 | €2,734 | €6,556 | +€3,822 | +140% |
| Other amounts payable | 47/48 | €16,343 | €12,233 | -€4,110 | -25.1% |
| Accrued charges and deferred income | 492/3 | €2,070 | €453 | -€1,617 | -78.1% |
| Turnover | 70 | €448,314 | - | -€448,314 | |
| Goods, raw materials, services and sundry goods | 60/61 | €382,423 | - | -€382,423 | |
| Remuneration, social security and pensions | 62 | - | €3,754 | +€3,754 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,662 | €15,398 | -€264 | -1.7% |
| Other operating charges | 640/8 | €937 | €1,192 | +€255 | +27.2% |
| Gross operating margin | 9900 | €77,514 | €34,634 | -€42,881 | -55.3% |
| Operating profit (loss) | 9901 | €60,915 | €14,290 | -€46,625 | -76.5% |
| Financial income | 75/76B | €1,292 | €1,258 | -€34 | -2.7% |
| Recurring financial income | 75 | €1,292 | €1,258 | -€34 | -2.7% |
| Financial charges | 65/66B | €2,573 | €2,077 | -€497 | -19.3% |
| Recurring financial charges | 65 | €2,573 | €2,077 | -€497 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €59,634 | €13,471 | -€46,163 | -77.4% |
| Income taxes | 67/77 | €16,602 | €4,025 | -€12,577 | -75.8% |
| Profit (loss) for the period | 9904 | €43,032 | €9,445 | -€33,586 | -78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,032 | €9,445 | -€33,586 | -78.1% |
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 7 November 2026 via checked.be.