ELEKTRICITEITSWERKEN STORMS: 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.
ELEKTRICITEITSWERKEN STORMS
Largest movements
- Receivables within one year -€7,053
down €7,053 (-65.0%), from €10,849 to €3,796
of which Trade receivables: -€8,919
- Tangible fixed assets -€4,764
down €4,764 (-71.2%), from €6,688 to €1,924
of which Furniture and vehicles: -€4,343
- Cash -€1,004
down €1,004 (-13.5%), from €7,443 to €6,439
mainly Net result for the year (-€10,274) and Tax, wage and social debts (-€5,236)
- Profit (loss) carried forward -€10,274
new in 2025: -€10,274
- Other debts +€5,884
new in 2025: €5,884
- Tax, wage and social debts -€5,236
down €5,236 (-77.2%), from €6,783 to €1,547
of which Remuneration and social security: -€3,318
- Debts after one year -€5,055
no longer reported in 2025 (was €5,055)
- Trade debts +€1,860
new in 2025: €1,860
- Purchases and services +€30,054
up €30,054 (+37.8%), from €79,578 to €109,632
- Gross operating margin -€18,776
down €18,776, from €15,837 to -€2,939
- Turnover +€4,806
up €4,806 (+5.0%), from €95,416 to €100,222
- Taxes -€1,900
no longer reported in 2025 (was €1,900)
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 | €24,980 | €12,159 | -€12,821 | -51.3% |
| Fixed assets | 21/28 | €6,688 | €1,924 | -€4,764 | -71.2% |
| Tangible fixed assets | 22/27 | €6,688 | €1,924 | -€4,764 | -71.2% |
| Plant, machinery and equipment | 23 | €2,345 | €1,924 | -€421 | -18.0% |
| Furniture and vehicles | 24 | €4,343 | - | -€4,343 | |
| Current assets | 29/58 | €18,292 | €10,235 | -€8,057 | -44.0% |
| Amounts receivable within one year | 40/41 | €10,849 | €3,796 | -€7,053 | -65.0% |
| Trade receivables | 40 | €10,088 | €1,168 | -€8,919 | -88.4% |
| Other amounts receivable | 41 | €761 | €2,628 | +€1,867 | +245% |
| Cash at bank and in hand | 54/58 | €7,443 | €6,439 | -€1,004 | -13.5% |
| Total equity and liabilities | 10/49 | €24,980 | €12,159 | -€12,821 | -51.3% |
| Equity | 10/15 | €13,141 | €2,867 | -€10,274 | -78.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €8,141 | €8,141 | = | 0.0% |
| Distributable reserves | 133 | €8,141 | €8,141 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€10,274 | -€10,274 | |
| Amounts payable | 17/49 | €11,839 | €9,291 | -€2,547 | -21.5% |
| Amounts payable after more than one year | 17 | €5,055 | - | -€5,055 | |
| Financial debts | 170/4 | €5,055 | - | -€5,055 | |
| Amounts payable within one year | 42/48 | €6,783 | €9,291 | +€2,508 | +37.0% |
| Trade debts | 44 | - | €1,860 | +€1,860 | |
| Suppliers | 440/4 | - | €1,860 | +€1,860 | |
| Taxes, remuneration and social security | 45 | €6,783 | €1,547 | -€5,236 | -77.2% |
| Taxes | 450/3 | €1,965 | €47 | -€1,918 | -97.6% |
| Remuneration and social security | 454/9 | €4,818 | €1,500 | -€3,318 | -68.9% |
| Other amounts payable | 47/48 | - | €5,884 | +€5,884 | |
| Turnover | 70 | €95,416 | €100,222 | +€4,806 | +5.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €79,578 | €109,632 | +€30,054 | +37.8% |
| Remuneration, social security and pensions | 62 | €888 | €986 | +€98 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,516 | €4,764 | -€753 | -13.6% |
| Other operating charges | 640/8 | €568 | €878 | +€310 | +54.7% |
| Gross operating margin | 9900 | €15,837 | -€2,939 | -€18,776 | |
| Operating profit (loss) | 9901 | €8,866 | -€9,567 | -€18,432 | |
| Financial income | 75/76B | €0 | €511 | +€511 | +1,022,700% |
| Recurring financial income | 75 | €0 | €511 | +€511 | +1,022,700% |
| Financial charges | 65/66B | €734 | €1,219 | +€484 | +65.9% |
| Recurring financial charges | 65 | €484 | €1,219 | +€734 | +152% |
| Non-recurring financial charges | 66B | €250 | - | -€250 | |
| Profit (loss) for the period before taxes | 9903 | €8,131 | -€10,274 | -€18,405 | |
| Income taxes | 67/77 | €1,900 | - | -€1,900 | |
| Profit (loss) for the period | 9904 | €6,231 | -€10,274 | -€16,505 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,231 | -€10,274 | -€16,505 |
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 1 November 2026 via checked.be.