Watt's Ohm Elec: what changed
Watt's Ohm Elec
Largest movements
- Cash +€44,386
up €44,386 (+630%), from €7,049 to €51,435
mainly Net result for the year (+€36,940) and Trade debts (+€15,289)
- Receivables within one year +€6,467
up €6,467 (+983%), from €658 to €7,125
of which Other amounts receivable: +€7,125
- Tangible fixed assets +€5,912
up €5,912 (+42.6%), from €13,892 to €19,804
of which Plant, machinery and equipment: +€8,059
- Reserves +€36,940
up €36,940 (+29,865%), from €124 to €37,063
- Trade debts +€15,289
up €15,289 (+1,263%), from €1,211 to €16,500
- Debts after one year +€4,254
up €4,254 (+42.5%), from €10,000 to €14,254
of which Financial debts: +€4,254
- Current portion of long-term debt +€1,124
new in 2025: €1,124
- Gross operating margin +€53,613
up €53,613 (+670%), from €8,008 to €61,621
- Taxes +€14,723
up €14,723 (+3,631%), from €405 to €15,128
- Depreciation +€3,357
up €3,357 (+177%), from €1,901 to €5,257
- Other operating charges -€1,963
down €1,963 (-59.9%), from €3,280 to €1,317
- Financial charges +€686
up €686 (+29.9%), from €2,298 to €2,984
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,663 | €85,318 | +€56,655 | +198% |
| Formation expenses | 20 | €2,033 | €1,563 | -€471 | -23.1% |
| Fixed assets | 21/28 | €13,892 | €20,124 | +€6,232 | +44.9% |
| Tangible fixed assets | 22/27 | €13,892 | €19,804 | +€5,912 | +42.6% |
| Plant, machinery and equipment | 23 | €3,980 | €12,038 | +€8,059 | +202% |
| Furniture and vehicles | 24 | €9,912 | €7,766 | -€2,146 | -21.7% |
| Financial fixed assets | 28 | - | €320 | +€320 | |
| Current assets | 29/58 | €12,738 | €63,631 | +€50,893 | +400% |
| Stocks and contracts in progress | 3 | €1,661 | €1,661 | = | 0.0% |
| Stocks | 30/36 | €1,661 | €1,661 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €658 | €7,125 | +€6,467 | +983% |
| Trade receivables | 40 | €658 | €0 | -€658 | -100% |
| Other amounts receivable | 41 | - | €7,125 | +€7,125 | |
| Cash at bank and in hand | 54/58 | €7,049 | €51,435 | +€44,386 | +630% |
| Deferred charges and accrued income | 490/1 | €3,370 | €3,410 | +€40 | +1.2% |
| Total equity and liabilities | 10/49 | €28,663 | €85,318 | +€56,655 | +198% |
| Equity | 10/15 | €5,124 | €42,063 | +€36,940 | +721% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €124 | €37,063 | +€36,940 | +29,865% |
| Distributable reserves | 133 | €124 | €37,063 | +€36,940 | +29,865% |
| Amounts payable | 17/49 | €23,540 | €43,255 | +€19,715 | +83.8% |
| Amounts payable after more than one year | 17 | €10,000 | €14,254 | +€4,254 | +42.5% |
| Financial debts | 170/4 | - | €4,254 | +€4,254 | |
| Other amounts payable | 178/9 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €13,540 | €28,742 | +€15,203 | +112% |
| Current portion of amounts payable after more than one year | 42 | - | €1,124 | +€1,124 | |
| Trade debts | 44 | €1,211 | €16,500 | +€15,289 | +1,263% |
| Suppliers | 440/4 | €1,211 | €16,500 | +€15,289 | +1,263% |
| Taxes, remuneration and social security | 45 | €648 | €155 | -€493 | -76.0% |
| Taxes | 450/3 | €648 | €155 | -€493 | -76.0% |
| Other amounts payable | 47/48 | €11,681 | €10,963 | -€718 | -6.1% |
| Accrued charges and deferred income | 492/3 | - | €258 | +€258 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,901 | €5,257 | +€3,357 | +177% |
| Other operating charges | 640/8 | €3,280 | €1,317 | -€1,963 | -59.9% |
| Gross operating margin | 9900 | €8,008 | €61,621 | +€53,613 | +670% |
| Operating profit (loss) | 9901 | €2,827 | €55,047 | +€52,220 | +1,847% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €2,298 | €2,984 | +€686 | +29.9% |
| Recurring financial charges | 65 | €2,298 | €2,984 | +€686 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | €529 | €52,068 | +€51,539 | +9,741% |
| Income taxes | 67/77 | €405 | €15,128 | +€14,723 | +3,631% |
| Profit (loss) for the period | 9904 | €124 | €36,940 | +€36,816 | +29,765% |
| Profit (loss) for the period to be appropriated | 9905 | €124 | €36,940 | +€36,816 | +29,765% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.