ELEKTRO HIMPE: what changed
Two fiscal 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 HIMPE
Largest movements
- Current investments +€302,893
up €302,893 (+150.3%), from €201,555 to €504,448
- Receivables within one year -€79,850
down €79,850 (-22.0%), from €362,309 to €282,459
of which Trade receivables: -€69,726
- Cash -€47,066
down €47,066 (-28.2%), from €166,918 to €119,852
mainly Current investments (-€302,893) and Contributions, distributions and other (-€300,000)
- Deferred charges and accrued income +€23,654
up €23,654 (+230.8%), from €10,247 to €33,901
- Tangible fixed assets -€22,695
down €22,695 (-34.0%), from €66,834 to €44,138
of which Furniture and vehicles: -€17,559
- Other debts +€300,000
new in 2025: €300,000
- Reserves -€100,246
down €100,246 (-18.6%), from €537,665 to €437,419
- Advances received -€43,006
no longer reported in 2025 (was €43,006)
- Trade debts +€30,261
up €30,261 (+28.5%), from €106,148 to €136,409
- Debts after one year -€12,776
down €12,776 (-30.3%), from €42,196 to €29,420
- Staff costs -€53,482
down €53,482 (-6.1%), from €870,458 to €816,976
- Gross operating margin -€43,241
down €43,241 (-3.7%), from €1.2m to €1.1m
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.
Cash bridge derived
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 | €832,246 | €1,007,973 | +€175,727 | +21.1% |
| Fixed assets | 21/28 | €71,466 | €48,678 | -€22,787 | -31.9% |
| Intangible fixed assets | 21 | €92 | - | -€92 | |
| Tangible fixed assets | 22/27 | €66,834 | €44,138 | -€22,695 | -34.0% |
| Plant, machinery and equipment | 23 | €18,950 | €13,813 | -€5,137 | -27.1% |
| Furniture and vehicles | 24 | €47,884 | €30,325 | -€17,559 | -36.7% |
| Financial fixed assets | 28 | €4,540 | €4,540 | = | 0.0% |
| Current assets | 29/58 | €760,780 | €959,295 | +€198,515 | +26.1% |
| Stocks and contracts in progress | 3 | €19,751 | €18,635 | -€1,116 | -5.7% |
| Stocks | 30/36 | €19,751 | €18,635 | -€1,116 | -5.7% |
| Amounts receivable within one year | 40/41 | €362,309 | €282,459 | -€79,850 | -22.0% |
| Trade receivables | 40 | €332,164 | €262,437 | -€69,726 | -21.0% |
| Other amounts receivable | 41 | €30,146 | €20,022 | -€10,124 | -33.6% |
| Current investments | 50/53 | €201,555 | €504,448 | +€302,893 | +150.3% |
| Cash at bank and in hand | 54/58 | €166,918 | €119,852 | -€47,066 | -28.2% |
| Deferred charges and accrued income | 490/1 | €10,247 | €33,901 | +€23,654 | +230.8% |
| Total equity and liabilities | 10/49 | €832,246 | €1,007,973 | +€175,727 | +21.1% |
| Equity | 10/15 | €547,907 | €447,661 | -€100,246 | -18.3% |
| Contributions | 10/11 | €10,243 | €10,243 | = | 0.0% |
| Reserves | 13 | €537,665 | €437,419 | -€100,246 | -18.6% |
| Distributable reserves | 133 | €537,665 | €437,419 | -€100,246 | -18.6% |
| Amounts payable | 17/49 | €284,339 | €560,312 | +€275,973 | +97.1% |
| Amounts payable after more than one year | 17 | €42,196 | €29,420 | -€12,776 | -30.3% |
| Financial debts | 170/4 | €42,196 | €29,420 | -€12,776 | -30.3% |
| Amounts payable within one year | 42/48 | €242,142 | €530,892 | +€288,749 | +119.2% |
| Current portion of amounts payable after more than one year | 42 | €12,426 | €12,776 | +€350 | +2.8% |
| Trade debts | 44 | €106,148 | €136,409 | +€30,261 | +28.5% |
| Suppliers | 440/4 | €106,148 | €136,409 | +€30,261 | +28.5% |
| Advances received on contracts in progress | 46 | €43,006 | - | -€43,006 | |
| Taxes, remuneration and social security | 45 | €80,562 | €81,706 | +€1,144 | +1.4% |
| Taxes | 450/3 | €3,707 | €23,863 | +€20,156 | +543.7% |
| Remuneration and social security | 454/9 | €76,855 | €57,843 | -€19,012 | -24.7% |
| Other amounts payable | 47/48 | - | €300,000 | +€300,000 | |
| Non-recurring operating income | 76A | - | €165 | +€165 | |
| Remuneration, social security and pensions | 62 | €870,458 | €816,976 | -€53,482 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,359 | €22,787 | -€2,572 | -10.1% |
| Other operating charges | 640/8 | €11,602 | €8,621 | -€2,982 | -25.7% |
| Gross operating margin | 9900 | €1,158,774 | €1,115,533 | -€43,241 | -3.7% |
| Operating profit (loss) | 9901 | €251,354 | €267,149 | +€15,795 | +6.3% |
| Financial income | 75/76B | €3,041 | €7,272 | +€4,230 | +139.1% |
| Recurring financial income | 75 | €3,041 | €7,272 | +€4,230 | +139.1% |
| Financial charges | 65/66B | €7,217 | €2,353 | -€4,865 | -67.4% |
| Recurring financial charges | 65 | €7,217 | €2,353 | -€4,865 | -67.4% |
| Profit (loss) for the period before taxes | 9903 | €247,178 | €272,068 | +€24,890 | +10.1% |
| Income taxes | 67/77 | €70,642 | €72,314 | +€1,672 | +2.4% |
| Profit (loss) for the period | 9904 | €176,536 | €199,754 | +€23,218 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €176,536 | €199,754 | +€23,218 | +13.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.