OJEA ELECTRICITE: 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.
OJEA ELECTRICITE
Largest movements
- Receivables within one year -€226,627
down €226,627 (-54.5%), from €415,451 to €188,824
of which Trade receivables: -€184,927
- Cash -€121,510
down €121,510 (-24.8%), from €490,220 to €368,710
mainly Advances received (-€180,748) and Trade debts (-€166,276)
- Current investments +€50,000
up €50,000 (+90.7%), from €55,143 to €105,143
- Tangible fixed assets +€41,662
up €41,662 (+14.9%), from €280,319 to €321,981
of which Furniture and vehicles: +€56,868
- Stocks and contracts -€14,119
down €14,119 (-28.6%), from €49,323 to €35,204
- Advances received -€180,748
down €180,748 (-94.5%), from €191,292 to €10,544
- Trade debts -€166,276
down €166,276 (-62.1%), from €267,767 to €101,491
- Reserves +€46,324
up €46,324 (+14.5%), from €319,750 to €366,074
of which Distributable reserves: +€46,324
- Tax, wage and social debts +€32,028
up €32,028 (+67.0%), from €47,809 to €79,837
of which Taxes: +€25,582
- Gross operating margin +€147,086
up €147,086 (+29.1%), from €505,048 to €652,134
- Staff costs +€73,049
up €73,049 (+19.6%), from €372,396 to €445,445
- Taxes +€18,977
up €18,977 (+56.6%), from €33,526 to €52,503
- Write-downs +€9,075
up €9,075, from -€8,775 to €300
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 | €1,309,425 | €1,035,476 | -€273,949 | -20.9% |
| Fixed assets | 21/28 | €280,319 | €321,981 | +€41,662 | +14.9% |
| Tangible fixed assets | 22/27 | €280,319 | €321,981 | +€41,662 | +14.9% |
| Land and buildings | 22 | €207,985 | €196,365 | -€11,620 | -5.6% |
| Plant, machinery and equipment | 23 | €6,540 | €6,327 | -€213 | -3.3% |
| Furniture and vehicles | 24 | €53,267 | €110,135 | +€56,868 | +107% |
| Other tangible fixed assets | 26 | €12,527 | €9,154 | -€3,373 | -26.9% |
| Current assets | 29/58 | €1,029,106 | €713,495 | -€315,611 | -30.7% |
| Amounts receivable after more than one year | 29 | €15,000 | €9,086 | -€5,914 | -39.4% |
| Other amounts receivable | 291 | €15,000 | €9,086 | -€5,914 | -39.4% |
| Stocks and contracts in progress | 3 | €49,323 | €35,204 | -€14,119 | -28.6% |
| Stocks | 30/36 | €49,323 | €35,204 | -€14,119 | -28.6% |
| Amounts receivable within one year | 40/41 | €415,451 | €188,824 | -€226,627 | -54.5% |
| Trade receivables | 40 | €357,555 | €172,628 | -€184,927 | -51.7% |
| Other amounts receivable | 41 | €57,896 | €16,196 | -€41,700 | -72.0% |
| Current investments | 50/53 | €55,143 | €105,143 | +€50,000 | +90.7% |
| Cash at bank and in hand | 54/58 | €490,220 | €368,710 | -€121,510 | -24.8% |
| Deferred charges and accrued income | 490/1 | €3,969 | €6,528 | +€2,559 | +64.5% |
| Total equity and liabilities | 10/49 | €1,309,425 | €1,035,476 | -€273,949 | -20.9% |
| Equity | 10/15 | €575,985 | €622,309 | +€46,324 | +8.0% |
| Contributions | 10/11 | €74,500 | €74,500 | = | 0.0% |
| Capital | 10 | €74,500 | €74,500 | = | 0.0% |
| Issued capital | 100 | €74,500 | €74,500 | = | 0.0% |
| Reserves | 13 | €319,750 | €366,074 | +€46,324 | +14.5% |
| Non-distributable reserves | 130/1 | €7,450 | €7,450 | = | 0.0% |
| Legal reserve | 130 | €7,450 | €7,450 | = | 0.0% |
| Distributable reserves | 133 | €312,300 | €358,624 | +€46,324 | +14.8% |
| Profit (loss) carried forward | 14 | €181,735 | €181,735 | = | 0.0% |
| Amounts payable | 17/49 | €733,440 | €413,167 | -€320,273 | -43.7% |
| Amounts payable after more than one year | 17 | €130,408 | €129,932 | -€476 | -0.4% |
| Financial debts | 170/4 | €130,408 | €129,932 | -€476 | -0.4% |
| Amounts payable within one year | 42/48 | €602,956 | €283,030 | -€319,926 | -53.1% |
| Current portion of amounts payable after more than one year | 42 | €27,350 | €24,269 | -€3,081 | -11.3% |
| Trade debts | 44 | €267,767 | €101,491 | -€166,276 | -62.1% |
| Suppliers | 440/4 | €267,767 | €101,491 | -€166,276 | -62.1% |
| Advances received on contracts in progress | 46 | €191,292 | €10,544 | -€180,748 | -94.5% |
| Taxes, remuneration and social security | 45 | €47,809 | €79,837 | +€32,028 | +67.0% |
| Taxes | 450/3 | €5,481 | €31,063 | +€25,582 | +467% |
| Remuneration and social security | 454/9 | €42,328 | €48,774 | +€6,446 | +15.2% |
| Other amounts payable | 47/48 | €68,738 | €66,889 | -€1,849 | -2.7% |
| Accrued charges and deferred income | 492/3 | €76 | €205 | +€129 | +170% |
| Non-recurring operating income | 76A | - | €1,290 | +€1,290 | |
| Remuneration, social security and pensions | 62 | €372,396 | €445,445 | +€73,049 | +19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,917 | €35,547 | +€3,630 | +11.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€8,775 | €300 | +€9,075 | |
| Other operating charges | 640/8 | €10,861 | €7,407 | -€3,454 | -31.8% |
| Non-recurring operating charges | 66A | €1,309 | - | -€1,309 | |
| Gross operating margin | 9900 | €505,048 | €652,134 | +€147,086 | +29.1% |
| Operating profit (loss) | 9901 | €97,340 | €163,435 | +€66,095 | +67.9% |
| Financial income | 75/76B | €6,934 | €7,038 | +€104 | +1.5% |
| Recurring financial income | 75 | €6,934 | €7,038 | +€104 | +1.5% |
| Financial charges | 65/66B | €4,910 | €5,157 | +€247 | +5.0% |
| Recurring financial charges | 65 | €4,910 | €5,157 | +€247 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €99,364 | €165,316 | +€65,952 | +66.4% |
| Income taxes | 67/77 | €33,526 | €52,503 | +€18,977 | +56.6% |
| Profit (loss) for the period | 9904 | €65,838 | €112,813 | +€46,975 | +71.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,838 | €112,813 | +€46,975 | +71.3% |
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 13 October 2026 via checked.be.