Ewco-elektro: 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.
Ewco-elektro
Largest movements
- Cash +€30,039
up €30,039 (+56.6%), from €53,072 to €83,111
mainly Trade debts (+€23,227) and Depreciation (+€17,419)
- Tangible fixed assets -€12,778
down €12,778 (-16.9%), from €75,685 to €62,908
of which Furniture and vehicles: -€11,000
- Receivables within one year +€8,164
up €8,164 (+102%), from €8,018 to €16,182
of which Trade receivables: +€8,258
- Stocks and contracts -€4,563
down €4,563 (-43.6%), from €10,473 to €5,910
of which Contracts in progress: -€4,788
- Trade debts +€23,227
up €23,227 (+111%), from €20,870 to €44,097
- Reserves +€7,390
up €7,390 (+13.5%), from €54,646 to €62,036
- Debts after one year -€6,670
down €6,670 (-24.9%), from €26,787 to €20,117
- Other debts -€4,703
down €4,703 (-22.6%), from €20,830 to €16,127
- Depreciation +€11,361
up €11,361 (+188%), from €6,058 to €17,419
- Gross operating margin +€8,768
up €8,768 (+34.7%), from €25,302 to €34,069
- Other operating charges +€1,495
up €1,495 (+1,267%), from €118 to €1,613
- Financial charges -€470
down €470 (-13.3%), from €3,540 to €3,070
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 | €147,249 | €168,290 | +€21,041 | +14.3% |
| Fixed assets | 21/28 | €75,685 | €62,908 | -€12,778 | -16.9% |
| Tangible fixed assets | 22/27 | €75,685 | €62,908 | -€12,778 | -16.9% |
| Plant, machinery and equipment | 23 | €6,949 | €9,323 | +€2,373 | +34.2% |
| Furniture and vehicles | 24 | €54,609 | €43,609 | -€11,000 | -20.1% |
| Leasing and similar rights | 25 | €11,043 | €8,403 | -€2,640 | -23.9% |
| Other tangible fixed assets | 26 | €3,083 | €1,572 | -€1,511 | -49.0% |
| Current assets | 29/58 | €71,563 | €105,383 | +€33,819 | +47.3% |
| Stocks and contracts in progress | 3 | €10,473 | €5,910 | -€4,563 | -43.6% |
| Stocks | 30/36 | €5,686 | €5,910 | +€225 | +4.0% |
| Contracts in progress | 37 | €4,788 | €0 | -€4,788 | -100% |
| Amounts receivable within one year | 40/41 | €8,018 | €16,182 | +€8,164 | +102% |
| Trade receivables | 40 | €1,288 | €9,547 | +€8,258 | +641% |
| Other amounts receivable | 41 | €6,730 | €6,635 | -€95 | -1.4% |
| Cash at bank and in hand | 54/58 | €53,072 | €83,111 | +€30,039 | +56.6% |
| Deferred charges and accrued income | 490/1 | - | €179 | +€179 | |
| Total equity and liabilities | 10/49 | €147,249 | €168,290 | +€21,041 | +14.3% |
| Equity | 10/15 | €60,846 | €68,236 | +€7,390 | +12.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €54,646 | €62,036 | +€7,390 | +13.5% |
| Distributable reserves | 133 | €54,646 | €62,036 | +€7,390 | +13.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €86,402 | €100,054 | +€13,652 | +15.8% |
| Amounts payable after more than one year | 17 | €26,787 | €20,117 | -€6,670 | -24.9% |
| Financial debts | 170/4 | €26,787 | €20,117 | -€6,670 | -24.9% |
| Amounts payable within one year | 42/48 | €59,615 | €78,548 | +€18,933 | +31.8% |
| Current portion of amounts payable after more than one year | 42 | €6,374 | €6,670 | +€296 | +4.6% |
| Trade debts | 44 | €20,870 | €44,097 | +€23,227 | +111% |
| Suppliers | 440/4 | €20,870 | €44,097 | +€23,227 | +111% |
| Taxes, remuneration and social security | 45 | €11,542 | €11,654 | +€112 | +1.0% |
| Taxes | 450/3 | €9,107 | €9,199 | +€92 | +1.0% |
| Remuneration and social security | 454/9 | €2,435 | €2,455 | +€20 | +0.8% |
| Other amounts payable | 47/48 | €20,830 | €16,127 | -€4,703 | -22.6% |
| Accrued charges and deferred income | 492/3 | - | €1,389 | +€1,389 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,058 | €17,419 | +€11,361 | +188% |
| Other operating charges | 640/8 | €118 | €1,613 | +€1,495 | +1,267% |
| Gross operating margin | 9900 | €25,302 | €34,069 | +€8,768 | +34.7% |
| Operating profit (loss) | 9901 | €19,125 | €15,037 | -€4,088 | -21.4% |
| Financial income | 75/76B | €34 | €102 | +€68 | +198% |
| Recurring financial income | 75 | €34 | €102 | +€68 | +198% |
| Financial charges | 65/66B | €3,540 | €3,070 | -€470 | -13.3% |
| Recurring financial charges | 65 | €3,540 | €3,070 | -€470 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €15,620 | €12,070 | -€3,550 | -22.7% |
| Income taxes | 67/77 | €3,687 | €3,847 | +€161 | +4.4% |
| Profit (loss) for the period | 9904 | €11,933 | €8,223 | -€3,710 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,933 | €8,223 | -€3,710 | -31.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.