NV-ELECTRICITE: 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.
NV-ELECTRICITE
Largest movements
- Receivables within one year +€40,236
up €40,236 (+162.3%), from €24,785 to €65,021
of which Trade receivables: +€41,915
- Stocks and contracts +€7,500
new in 2024: €7,500
- Tangible fixed assets -€6,577
down €6,577 (-39.5%), from €16,667 to €10,090
of which Furniture and vehicles: -€5,833
- Deferred charges and accrued income -€1,079
no longer reported in 2024 (was €1,079)
- Cash +€857
up €857 (+1661.1%), from €52 to €909
mainly Trade debts (+€25,456) and Net result for the year (+€11,838)
- Trade debts +€25,456
up €25,456 (+1211.2%), from €2,102 to €27,558
- Profit (loss) carried forward +€11,838
up €11,838 (+41.4%), from €28,625 to €40,464
- Other debts -€8,060
no longer reported in 2024 (was €8,060)
- Tax, wage and social debts +€5,314
up €5,314 (+667.5%), from €796 to €6,110
of which Remuneration and social security: +€3,825
- Current portion of long-term debt +€5,079
new in 2024: €5,079
- Gross operating margin -€14,213
down €14,213 (-32.1%), from €44,278 to €30,065
- Staff costs +€5,188
new in 2024: €5,188
- Taxes -€3,281
down €3,281 (-45.0%), from €7,296 to €4,015
- Financial charges +€1,048
up €1,048 (+292.4%), from €358 to €1,406
- Financial income +€716
up €716 (+134.2%), from €534 to €1,250
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,583 | €83,520 | +€40,937 | +96.1% |
| Fixed assets | 21/28 | €16,667 | €10,090 | -€6,577 | -39.5% |
| Tangible fixed assets | 22/27 | €16,667 | €10,090 | -€6,577 | -39.5% |
| Plant, machinery and equipment | 23 | €5,000 | €4,256 | -€744 | -14.9% |
| Furniture and vehicles | 24 | €11,667 | €5,833 | -€5,833 | -50.0% |
| Current assets | 29/58 | €25,916 | €73,430 | +€47,514 | +183.3% |
| Stocks and contracts in progress | 3 | - | €7,500 | +€7,500 | |
| Stocks | 30/36 | - | €7,500 | +€7,500 | |
| Amounts receivable within one year | 40/41 | €24,785 | €65,021 | +€40,236 | +162.3% |
| Trade receivables | 40 | €19,834 | €61,748 | +€41,915 | +211.3% |
| Other amounts receivable | 41 | €4,952 | €3,272 | -€1,679 | -33.9% |
| Cash at bank and in hand | 54/58 | €52 | €909 | +€857 | +1661.1% |
| Deferred charges and accrued income | 490/1 | €1,079 | - | -€1,079 | |
| Total equity and liabilities | 10/49 | €42,583 | €83,520 | +€40,937 | +96.1% |
| Equity | 10/15 | €31,625 | €43,464 | +€11,838 | +37.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,625 | €40,464 | +€11,838 | +41.4% |
| Amounts payable | 17/49 | €10,958 | €40,056 | +€29,098 | +265.6% |
| Amounts payable after more than one year | 17 | - | €1,309 | +€1,309 | |
| Financial debts | 170/4 | - | €1,309 | +€1,309 | |
| Amounts payable within one year | 42/48 | €10,958 | €38,747 | +€27,789 | +253.6% |
| Current portion of amounts payable after more than one year | 42 | - | €5,079 | +€5,079 | |
| Trade debts | 44 | €2,102 | €27,558 | +€25,456 | +1211.2% |
| Suppliers | 440/4 | €2,102 | €27,558 | +€25,456 | +1211.2% |
| Taxes, remuneration and social security | 45 | €796 | €6,110 | +€5,314 | +667.5% |
| Taxes | 450/3 | €796 | €2,285 | +€1,489 | +187.0% |
| Remuneration and social security | 454/9 | - | €3,825 | +€3,825 | |
| Other amounts payable | 47/48 | €8,060 | - | -€8,060 | |
| Remuneration, social security and pensions | 62 | - | €5,188 | +€5,188 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,333 | €8,544 | +€211 | +2.5% |
| Other operating charges | 640/8 | €199 | €324 | +€125 | +62.9% |
| Gross operating margin | 9900 | €44,278 | €30,065 | -€14,213 | -32.1% |
| Operating profit (loss) | 9901 | €35,746 | €16,009 | -€19,737 | -55.2% |
| Financial income | 75/76B | €534 | €1,250 | +€716 | +134.2% |
| Recurring financial income | 75 | €534 | €1,250 | +€716 | +134.2% |
| Financial charges | 65/66B | €358 | €1,406 | +€1,048 | +292.4% |
| Recurring financial charges | 65 | €358 | €1,406 | +€1,048 | +292.4% |
| Profit (loss) for the period before taxes | 9903 | €35,921 | €15,853 | -€20,068 | -55.9% |
| Income taxes | 67/77 | €7,296 | €4,015 | -€3,281 | -45.0% |
| Profit (loss) for the period | 9904 | €28,625 | €11,838 | -€16,787 | -58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,625 | €11,838 | -€16,787 | -58.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.