ELEKTRO BOWILEK: 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.
ELEKTRO BOWILEK
Largest movements
- Tangible fixed assets -€17,351
down €17,351 (-4.4%), from €392,078 to €374,727
of which Land and buildings: -€11,418
- Cash -€9,099
down €9,099 (-18.8%), from €48,316 to €39,217
mainly Contributions, distributions and other (-€57,140) and Debts after one year (-€44,536)
- Stocks and contracts -€7,739
down €7,739 (-4.1%), from €190,662 to €182,923
- Debts after one year -€44,536
down €44,536 (-15.2%), from €292,612 to €248,076
- Other debts +€32,790
new in 2025: €32,790
- Reserves -€15,222
down €15,222 (-6.1%), from €247,756 to €232,535
- Trade debts -€14,034
down €14,034 (-24.5%), from €57,229 to €43,194
- Gross operating margin +€6,799
up €6,799 (+7.0%), from €97,797 to €104,596
- Taxes +€3,609
up €3,609 (+25.1%), from €14,387 to €17,995
- Depreciation +€3,033
up €3,033 (+9.5%), from €31,777 to €34,810
- Staff costs -€1,518
down €1,518 (-100%), from €1,518 to €0
- Financial charges -€1,349
down €1,349 (-12.5%), from €10,762 to €9,413
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 | €666,920 | €628,830 | -€38,091 | -5.7% |
| Fixed assets | 21/28 | €393,698 | €376,347 | -€17,351 | -4.4% |
| Tangible fixed assets | 22/27 | €392,078 | €374,727 | -€17,351 | -4.4% |
| Land and buildings | 22 | €375,713 | €364,296 | -€11,418 | -3.0% |
| Plant, machinery and equipment | 23 | €11,053 | €8,088 | -€2,965 | -26.8% |
| Furniture and vehicles | 24 | €5,311 | €2,344 | -€2,968 | -55.9% |
| Financial fixed assets | 28 | €1,620 | €1,620 | = | 0.0% |
| Current assets | 29/58 | €273,223 | €252,483 | -€20,740 | -7.6% |
| Stocks and contracts in progress | 3 | €190,662 | €182,923 | -€7,739 | -4.1% |
| Stocks | 30/36 | €190,662 | €182,923 | -€7,739 | -4.1% |
| Amounts receivable within one year | 40/41 | €8,506 | €4,533 | -€3,973 | -46.7% |
| Trade receivables | 40 | €2,717 | €4,533 | +€1,816 | +66.9% |
| Other amounts receivable | 41 | €5,789 | €0 | -€5,789 | -100% |
| Current investments | 50/53 | €25,164 | €25,730 | +€566 | +2.2% |
| Cash at bank and in hand | 54/58 | €48,316 | €39,217 | -€9,099 | -18.8% |
| Deferred charges and accrued income | 490/1 | €575 | €79 | -€496 | -86.2% |
| Total equity and liabilities | 10/49 | €666,920 | €628,830 | -€38,091 | -5.7% |
| Equity | 10/15 | €260,156 | €244,935 | -€15,222 | -5.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €247,756 | €232,535 | -€15,222 | -6.1% |
| Distributable reserves | 133 | €247,756 | €232,535 | -€15,222 | -6.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €406,764 | €383,895 | -€22,869 | -5.6% |
| Amounts payable after more than one year | 17 | €292,612 | €248,076 | -€44,536 | -15.2% |
| Financial debts | 170/4 | €292,612 | €248,076 | -€44,536 | -15.2% |
| Amounts payable within one year | 42/48 | €114,004 | €135,662 | +€21,658 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €31,615 | €34,559 | +€2,944 | +9.3% |
| Financial debts | 43 | €9,230 | €9,696 | +€466 | +5.1% |
| Credit institutions | 430/8 | €9,230 | €9,696 | +€466 | +5.1% |
| Trade debts | 44 | €57,229 | €43,194 | -€14,034 | -24.5% |
| Suppliers | 440/4 | €57,229 | €43,194 | -€14,034 | -24.5% |
| Advances received on contracts in progress | 46 | €6,307 | €2,068 | -€4,239 | -67.2% |
| Taxes, remuneration and social security | 45 | €9,624 | €13,355 | +€3,731 | +38.8% |
| Taxes | 450/3 | €9,624 | €10,535 | +€911 | +9.5% |
| Remuneration and social security | 454/9 | €0 | €2,820 | +€2,820 | |
| Other amounts payable | 47/48 | - | €32,790 | +€32,790 | |
| Accrued charges and deferred income | 492/3 | €148 | €157 | +€9 | +6.1% |
| Remuneration, social security and pensions | 62 | €1,518 | €0 | -€1,518 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,777 | €34,810 | +€3,033 | +9.5% |
| Other operating charges | 640/8 | €7,553 | €6,529 | -€1,024 | -13.6% |
| Gross operating margin | 9900 | €97,797 | €104,596 | +€6,799 | +7.0% |
| Operating profit (loss) | 9901 | €56,949 | €63,256 | +€6,308 | +11.1% |
| Financial income | 75/76B | €6,015 | €6,071 | +€57 | +0.9% |
| Recurring financial income | 75 | €6,015 | €6,071 | +€57 | +0.9% |
| Financial charges | 65/66B | €10,762 | €9,413 | -€1,349 | -12.5% |
| Recurring financial charges | 65 | €10,762 | €9,413 | -€1,349 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €52,201 | €59,914 | +€7,713 | +14.8% |
| Income taxes | 67/77 | €14,387 | €17,995 | +€3,609 | +25.1% |
| Profit (loss) for the period | 9904 | €37,815 | €41,919 | +€4,104 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,815 | €41,919 | +€4,104 | +10.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.