A.ELECTRONIC: 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.
A.ELECTRONIC
Largest movements
- Receivables within one year -€3,979
down €3,979 (-55.2%), from €7,205 to €3,226
of which Trade receivables: -€3,955
- Cash +€1,382
up €1,382 (+1094.9%), from €126 to €1,508
mainly Other debts (+€6,505) and Receivables within one year (+€3,979)
- Tangible fixed assets -€867
down €867 (-39.6%), from €2,189 to €1,322
- Other debts +€6,505
up €6,505 (+293.3%), from €2,218 to €8,723
- Profit (loss) carried forward -€6,111
down €6,111 (-33.2%), from -€18,396 to -€24,507
- Trade debts -€2,709
down €2,709 (-50.4%), from €5,374 to €2,665
- Tax, wage and social debts -€1,149
down €1,149 (-73.5%), from €1,564 to €414
- Gross operating margin -€6,760
down €6,760, from €1,669 to -€5,091
- Taxes -€2,253
down €2,253, from €2,223 to -€30
- Other operating charges -€294
down €294 (-89.2%), from €329 to €36
- Depreciation -€188
down €188 (-17.8%), from €1,055 to €867
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.
Cash bridge derived
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 | €9,620 | €6,156 | -€3,464 | -36.0% |
| Fixed assets | 21/28 | €2,289 | €1,422 | -€867 | -37.9% |
| Tangible fixed assets | 22/27 | €2,189 | €1,322 | -€867 | -39.6% |
| Furniture and vehicles | 24 | €2,189 | €1,322 | -€867 | -39.6% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €7,331 | €4,734 | -€2,597 | -35.4% |
| Amounts receivable within one year | 40/41 | €7,205 | €3,226 | -€3,979 | -55.2% |
| Trade receivables | 40 | €5,000 | €1,045 | -€3,955 | -79.1% |
| Other amounts receivable | 41 | €2,205 | €2,181 | -€24 | -1.1% |
| Cash at bank and in hand | 54/58 | €126 | €1,508 | +€1,382 | +1094.9% |
| Total equity and liabilities | 10/49 | €9,620 | €6,156 | -€3,464 | -36.0% |
| Equity | 10/15 | €464 | -€5,647 | -€6,111 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €260 | €260 | = | 0.0% |
| Non-distributable reserves | 130/1 | €260 | €260 | = | 0.0% |
| Reserves not available under the articles | 1311 | €260 | €260 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,396 | -€24,507 | -€6,111 | -33.2% |
| Amounts payable | 17/49 | €9,155 | €11,803 | +€2,647 | +28.9% |
| Amounts payable within one year | 42/48 | €9,155 | €11,803 | +€2,647 | +28.9% |
| Trade debts | 44 | €5,374 | €2,665 | -€2,709 | -50.4% |
| Suppliers | 440/4 | €5,374 | €2,665 | -€2,709 | -50.4% |
| Taxes, remuneration and social security | 45 | €1,564 | €414 | -€1,149 | -73.5% |
| Taxes | 450/3 | €1,564 | €414 | -€1,149 | -73.5% |
| Other amounts payable | 47/48 | €2,218 | €8,723 | +€6,505 | +293.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,055 | €867 | -€188 | -17.8% |
| Other operating charges | 640/8 | €329 | €36 | -€294 | -89.2% |
| Gross operating margin | 9900 | €1,669 | -€5,091 | -€6,760 | |
| Operating profit (loss) | 9901 | €284 | -€5,994 | -€6,278 | |
| Financial income | 75/76B | €4 | €13 | +€9 | +248.2% |
| Recurring financial income | 75 | €4 | €13 | +€9 | +248.2% |
| Financial charges | 65/66B | €126 | €161 | +€35 | +28.0% |
| Recurring financial charges | 65 | €126 | €161 | +€35 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | €162 | -€6,141 | -€6,304 | |
| Income taxes | 67/77 | €2,223 | -€30 | -€2,253 | |
| Profit (loss) for the period | 9904 | -€2,061 | -€6,111 | -€4,050 | -196.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,061 | -€6,111 | -€4,050 | -196.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.