Elektro Vanderschueren: 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 Vanderschueren
Largest movements
- Cash -€38,632
down €38,632 (-47.7%), from €81,032 to €42,399
mainly Stocks and contracts (-€32,100) and Net result for the year (-€10,065)
- Stocks and contracts +€32,100
up €32,100 (+252%), from €12,747 to €44,847
of which Contracts in progress: +€30,000
- Receivables within one year -€7,457
down €7,457 (-31.0%), from €24,043 to €16,586
of which Trade receivables: -€4,010
- Tangible fixed assets -€4,859
down €4,859 (-33.2%), from €14,642 to €9,783
of which Other tangible fixed assets: -€2,440
- Profit (loss) carried forward -€10,065
down €10,065, from €405 to -€9,660
- Trade debts -€9,560
down €9,560 (-47.7%), from €20,062 to €10,502
- Other debts +€1,554
up €1,554 (+104%), from €1,488 to €3,042
- Gross operating margin -€44,413
down €44,413, from €43,362 to -€1,051
- Taxes -€7,835
down €7,835 (-97.5%), from €8,034 to €200
- Other operating charges -€4,000
down €4,000 (-81.6%), from €4,900 to €900
- Staff costs +€1,363
up €1,363 (+50.5%), from €2,701 to €4,064
- Depreciation +€706
up €706 (+17.0%), from €4,153 to €4,859
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 | €134,563 | €116,106 | -€18,458 | -13.7% |
| Fixed assets | 21/28 | €16,742 | €11,883 | -€4,859 | -29.0% |
| Tangible fixed assets | 22/27 | €14,642 | €9,783 | -€4,859 | -33.2% |
| Furniture and vehicles | 24 | €5,260 | €2,841 | -€2,419 | -46.0% |
| Other tangible fixed assets | 26 | €9,382 | €6,942 | -€2,440 | -26.0% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €117,822 | €104,222 | -€13,599 | -11.5% |
| Stocks and contracts in progress | 3 | €12,747 | €44,847 | +€32,100 | +252% |
| Stocks | 30/36 | €12,747 | €14,847 | +€2,100 | +16.5% |
| Contracts in progress | 37 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €24,043 | €16,586 | -€7,457 | -31.0% |
| Trade receivables | 40 | €11,546 | €7,536 | -€4,010 | -34.7% |
| Other amounts receivable | 41 | €12,497 | €9,050 | -€3,447 | -27.6% |
| Cash at bank and in hand | 54/58 | €81,032 | €42,399 | -€38,632 | -47.7% |
| Deferred charges and accrued income | 490/1 | - | €390 | +€390 | |
| Total equity and liabilities | 10/49 | €134,563 | €116,106 | -€18,458 | -13.7% |
| Equity | 10/15 | €107,545 | €97,480 | -€10,065 | -9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €88,540 | €88,540 | = | 0.0% |
| Distributable reserves | 133 | €88,540 | €88,540 | = | 0.0% |
| Profit (loss) carried forward | 14 | €405 | -€9,660 | -€10,065 | |
| Amounts payable | 17/49 | €27,018 | €18,625 | -€8,393 | -31.1% |
| Amounts payable within one year | 42/48 | €27,018 | €18,625 | -€8,393 | -31.1% |
| Financial debts | 43 | - | €109 | +€109 | |
| Credit institutions | 430/8 | - | €109 | +€109 | |
| Trade debts | 44 | €20,062 | €10,502 | -€9,560 | -47.7% |
| Suppliers | 440/4 | €20,062 | €10,502 | -€9,560 | -47.7% |
| Taxes, remuneration and social security | 45 | €5,468 | €4,973 | -€496 | -9.1% |
| Taxes | 450/3 | €2,926 | €2,773 | -€154 | -5.2% |
| Remuneration and social security | 454/9 | €2,542 | €2,200 | -€342 | -13.5% |
| Other amounts payable | 47/48 | €1,488 | €3,042 | +€1,554 | +104% |
| Remuneration, social security and pensions | 62 | €2,701 | €4,064 | +€1,363 | +50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,153 | €4,859 | +€706 | +17.0% |
| Other operating charges | 640/8 | €4,900 | €900 | -€4,000 | -81.6% |
| Gross operating margin | 9900 | €43,362 | -€1,051 | -€44,413 | |
| Operating profit (loss) | 9901 | €31,608 | -€10,873 | -€42,481 | |
| Financial income | 75/76B | €1,261 | €1,500 | +€238 | +18.9% |
| Recurring financial income | 75 | €1,261 | €1,500 | +€238 | +18.9% |
| Financial charges | 65/66B | €278 | €492 | +€214 | +77.3% |
| Recurring financial charges | 65 | €278 | €492 | +€214 | +77.3% |
| Profit (loss) for the period before taxes | 9903 | €32,592 | -€9,865 | -€42,457 | |
| Income taxes | 67/77 | €8,034 | €200 | -€7,835 | -97.5% |
| Profit (loss) for the period | 9904 | €24,558 | -€10,065 | -€34,623 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,558 | -€10,065 | -€34,623 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.