ELEKTRO GODERIS: what changed
What changed
ELEKTRO GODERIS
NACE 46.643, Wholesale of electrical equipment, including installation materials
filed annual accounts (NBB)
Net result for the year
€27,920
2024 · €9,357+€18,563
Equity
€62,756
2024 · €34,835+€27,920
Cash
€24,281
2024 · €20,148+€4,133
Balance sheet total
€133,455
2024 · €141,488-€8,033
Largest movements
Assets
- Tangible fixed assets -€12,864
down €12,864 (-11.4%), from €113,281 to €100,417
of which Land and buildings: -€9,000
- Cash +€4,133
up €4,133 (+20.5%), from €20,148 to €24,281
mainly Net result for the year (+€27,920) and Depreciation (+€14,178)
Equity and liabilities
- Reserves +€27,920
up €27,920 (+124%), from €22,435 to €50,356
of which Distributable reserves: +€27,920
- Debts after one year -€15,860
down €15,860 (-100%), from €15,860 to €0
- Current portion of long-term debt -€10,210
down €10,210 (-39.2%), from €26,070 to €15,860
- Other debts -€8,866
down €8,866 (-27.6%), from €32,177 to €23,311
- Trade debts -€5,770
down €5,770 (-93.2%), from €6,190 to €419
Income statement
- Gross operating margin +€30,634
up €30,634 (+99.8%), from €30,709 to €61,342
- Taxes +€12,131
up €12,131 (+792%), from €1,532 to €13,664
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.
Result 2024
€9,357
Gross operating margin
+€30,634
Depreciation
-€56
Other operating charges
-€196
Other operating items
+€512
Financial income
-€0
Financial charges
-€199
Taxes
-€12,131
Result 2025
€27,920
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€25,763
Investment
-€1,313
Financing
-€20,316
Cash 2024
€20,148
From operations (derived)
+€25,763
Net result for the year
+€27,920
Depreciation
+€14,178
Receivables within one year
-€47
Deferred charges and accrued income
-€651
Trade debts
-€5,770
Tax, wage and social debts
-€848
Other debts
-€8,866
Accrued charges and deferred income
-€152
Investment (derived)
-€1,313
Investment in fixed assets (net)
-€1,313
Financing
-€20,316
Debts after one year
-€15,860
Current portion of long-term debt
-€10,210
Short-term financial debts
+€5,754
Cash 2025
€24,281
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €141,488 | €133,455 | -€8,033 | -5.7% |
| Fixed assets | 21/28 | €113,281 | €100,417 | -€12,864 | -11.4% |
| Tangible fixed assets | 22/27 | €113,281 | €100,417 | -€12,864 | -11.4% |
| Land and buildings | 22 | €99,000 | €90,000 | -€9,000 | -9.1% |
| Furniture and vehicles | 24 | €283 | €1,258 | +€975 | +345% |
| Other tangible fixed assets | 26 | €13,999 | €9,159 | -€4,839 | -34.6% |
| Current assets | 29/58 | €28,206 | €33,038 | +€4,832 | +17.1% |
| Amounts receivable within one year | 40/41 | €7,310 | €7,357 | +€47 | +0.6% |
| Trade receivables | 40 | €7,310 | €7,310 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €47 | +€47 | |
| Cash at bank and in hand | 54/58 | €20,148 | €24,281 | +€4,133 | +20.5% |
| Deferred charges and accrued income | 490/1 | €749 | €1,400 | +€651 | +87.0% |
| Total equity and liabilities | 10/49 | €141,488 | €133,455 | -€8,033 | -5.7% |
| Equity | 10/15 | €34,835 | €62,756 | +€27,920 | +80.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €22,435 | €50,356 | +€27,920 | +124% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €3,685 | €31,606 | +€27,920 | +758% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €17,492 | €17,492 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €17,492 | €17,492 | = | 0.0% |
| Pensions and similar obligations | 160 | €17,492 | €17,492 | = | 0.0% |
| Amounts payable | 17/49 | €89,161 | €53,208 | -€35,953 | -40.3% |
| Amounts payable after more than one year | 17 | €15,860 | €0 | -€15,860 | -100% |
| Financial debts | 170/4 | €15,860 | €0 | -€15,860 | -100% |
| Amounts payable within one year | 42/48 | €73,149 | €53,208 | -€19,941 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €26,070 | €15,860 | -€10,210 | -39.2% |
| Financial debts | 43 | - | €5,754 | +€5,754 | |
| Credit institutions | 430/8 | - | €5,754 | +€5,754 | |
| Trade debts | 44 | €6,190 | €419 | -€5,770 | -93.2% |
| Suppliers | 440/4 | €6,190 | €419 | -€5,770 | -93.2% |
| Taxes, remuneration and social security | 45 | €8,713 | €7,865 | -€848 | -9.7% |
| Taxes | 450/3 | €8,713 | €7,865 | -€848 | -9.7% |
| Other amounts payable | 47/48 | €32,177 | €23,311 | -€8,866 | -27.6% |
| Accrued charges and deferred income | 492/3 | €152 | €0 | -€152 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,122 | €14,178 | +€56 | +0.4% |
| Other operating charges | 640/8 | €1,964 | €2,160 | +€196 | +10.0% |
| Non-recurring operating charges | 66A | €512 | €0 | -€512 | -100% |
| Gross operating margin | 9900 | €30,709 | €61,342 | +€30,634 | +99.8% |
| Operating profit (loss) | 9901 | €14,110 | €45,005 | +€30,894 | +219% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €3,221 | €3,421 | +€199 | +6.2% |
| Recurring financial charges | 65 | €3,221 | €3,421 | +€199 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €10,889 | €41,584 | +€30,695 | +282% |
| Income taxes | 67/77 | €1,532 | €13,664 | +€12,131 | +792% |
| Profit (loss) for the period | 9904 | €9,357 | €27,920 | +€18,563 | +198% |
| Profit (loss) for the period to be appropriated | 9905 | €9,357 | €27,920 | +€18,563 | +198% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 4 November 2026 via checked.be.