ELEKTRO CUYPERS: 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 CUYPERS
Largest movements
- Cash -€122,874
down €122,874 (-92.4%), from €132,962 to €10,089
mainly Current investments (-€68,000) and Debts after one year (-€40,040)
- Current investments +€68,000
new in 2025: €68,000
- Tangible fixed assets -€55,117
down €55,117 (-9.8%), from €560,551 to €505,434
of which Land and buildings: -€60,253
- Stocks and contracts +€17,209
up €17,209 (+3.7%), from €462,188 to €479,397
- Receivables within one year +€14,310
up €14,310 (+269%), from €5,320 to €19,631
of which Other amounts receivable: +€16,761
- Debts after one year -€40,040
down €40,040 (-9.7%), from €412,578 to €372,538
of which Financial debts: -€25,966
- Tax, wage and social debts -€17,234
down €17,234 (-47.9%), from €35,962 to €18,728
of which Taxes: -€15,440
- Provisions -€12,734
down €12,734 (-20.8%), from €61,153 to €48,418
- Gross operating margin -€78,334
down €78,334 (-36.0%), from €217,294 to €138,960
- Taxes -€23,972
down €23,972 (-73.3%), from €32,724 to €8,751
- Write-downs +€10,875
up €10,875 (+91.1%), from -€11,933 to -€1,058
- Staff costs +€5,511
up €5,511 (+9.2%), from €59,626 to €65,137
- Depreciation +€3,018
up €3,018 (+4.0%), from €75,980 to €78,998
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 | €1,163,395 | €1,087,054 | -€76,341 | -6.6% |
| Fixed assets | 21/28 | €560,551 | €505,434 | -€55,117 | -9.8% |
| Tangible fixed assets | 22/27 | €560,551 | €505,434 | -€55,117 | -9.8% |
| Land and buildings | 22 | €506,434 | €446,181 | -€60,253 | -11.9% |
| Plant, machinery and equipment | 23 | €20,355 | €25,573 | +€5,217 | +25.6% |
| Furniture and vehicles | 24 | €33,761 | €33,680 | -€81 | -0.2% |
| Current assets | 29/58 | €602,844 | €581,620 | -€21,224 | -3.5% |
| Stocks and contracts in progress | 3 | €462,188 | €479,397 | +€17,209 | +3.7% |
| Stocks | 30/36 | €462,188 | €479,397 | +€17,209 | +3.7% |
| Amounts receivable within one year | 40/41 | €5,320 | €19,631 | +€14,310 | +269% |
| Trade receivables | 40 | €5,320 | €2,869 | -€2,451 | -46.1% |
| Other amounts receivable | 41 | €0 | €16,761 | +€16,761 | |
| Current investments | 50/53 | - | €68,000 | +€68,000 | |
| Cash at bank and in hand | 54/58 | €132,962 | €10,089 | -€122,874 | -92.4% |
| Deferred charges and accrued income | 490/1 | €2,373 | €4,504 | +€2,131 | +89.8% |
| Total equity and liabilities | 10/49 | €1,163,395 | €1,087,054 | -€76,341 | -6.6% |
| Equity | 10/15 | €607,612 | €607,133 | -€479 | -0.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €587,612 | €587,133 | -€479 | -0.1% |
| Tax-exempt reserves | 132 | €118,761 | €94,030 | -€24,731 | -20.8% |
| Distributable reserves | 133 | €468,851 | €493,102 | +€24,252 | +5.2% |
| Provisions and deferred taxes | 16 | €61,153 | €48,418 | -€12,734 | -20.8% |
| Deferred taxes | 168 | €61,153 | €48,418 | -€12,734 | -20.8% |
| Amounts payable | 17/49 | €494,631 | €431,504 | -€63,127 | -12.8% |
| Amounts payable after more than one year | 17 | €412,578 | €372,538 | -€40,040 | -9.7% |
| Financial debts | 170/4 | €296,377 | €270,412 | -€25,966 | -8.8% |
| Other amounts payable | 178/9 | €116,201 | €102,126 | -€14,075 | -12.1% |
| Amounts payable within one year | 42/48 | €82,053 | €58,966 | -€23,087 | -28.1% |
| Current portion of amounts payable after more than one year | 42 | €25,381 | €25,966 | +€585 | +2.3% |
| Trade debts | 44 | €20,710 | €14,272 | -€6,438 | -31.1% |
| Suppliers | 440/4 | €20,710 | €14,272 | -€6,438 | -31.1% |
| Taxes, remuneration and social security | 45 | €35,962 | €18,728 | -€17,234 | -47.9% |
| Taxes | 450/3 | €20,019 | €4,578 | -€15,440 | -77.1% |
| Remuneration and social security | 454/9 | €15,944 | €14,150 | -€1,794 | -11.3% |
| Remuneration, social security and pensions | 62 | €59,626 | €65,137 | +€5,511 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,980 | €78,998 | +€3,018 | +4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€11,933 | -€1,058 | +€10,875 | +91.1% |
| Other operating charges | 640/8 | €7,869 | €7,974 | +€105 | +1.3% |
| Gross operating margin | 9900 | €217,294 | €138,960 | -€78,334 | -36.0% |
| Operating profit (loss) | 9901 | €85,751 | -€12,091 | -€97,843 | |
| Financial income | 75/76B | €16,742 | €16,190 | -€552 | -3.3% |
| Recurring financial income | 75 | €16,742 | €16,190 | -€552 | -3.3% |
| Financial charges | 65/66B | €9,731 | €8,561 | -€1,170 | -12.0% |
| Recurring financial charges | 65 | €9,731 | €8,561 | -€1,170 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €92,763 | -€4,462 | -€97,225 | |
| Transfer from deferred taxes | 780 | €12,734 | €12,734 | = | 0.0% |
| Income taxes | 67/77 | €32,724 | €8,751 | -€23,972 | -73.3% |
| Profit (loss) for the period | 9904 | €72,773 | -€479 | -€73,252 | |
| Transfer from tax-exempt reserves | 789 | €24,731 | €24,731 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €97,504 | €24,252 | -€73,252 | -75.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.