AH Electro: 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.
AH Electro
Largest movements
- Receivables within one year -€4,440
down €4,440 (-29.2%), from €15,225 to €10,784
of which Trade receivables: -€8,837
- Tangible fixed assets -€2,500
down €2,500 (-30.5%), from €8,209 to €5,709
of which Furniture and vehicles: -€2,000
- Cash -€2,347
down €2,347 (-100.0%), from €2,348 to €0
mainly Other debts (-€8,244) and Net result for the year (-€7,745)
- Stocks and contracts -€1,000
down €1,000 (-50.0%), from €2,000 to €1,000
- Formation expenses -€606
down €606 (-100.0%), from €606 to €0
- Other debts -€8,244
down €8,244 (-100.0%), from €8,244 to €0
- Reserves -€7,745
down €7,745 (-63.7%), from €12,162 to €4,417
- Trade debts +€5,095
up €5,095 (+175.1%), from €2,909 to €8,005
- Gross operating margin -€22,242
down €22,242, from €18,578 to -€3,664
- Taxes -€4,072
down €4,072 (-100.0%), from €4,072 to €0
- Depreciation +€1,168
up €1,168 (+60.2%), from €1,938 to €3,106
- Other operating charges +€529
up €529 (+148.6%), from €356 to €886
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 | €28,388 | €17,494 | -€10,894 | -38.4% |
| Formation expenses | 20 | €606 | €0 | -€606 | -100.0% |
| Fixed assets | 21/28 | €8,209 | €5,709 | -€2,500 | -30.5% |
| Tangible fixed assets | 22/27 | €8,209 | €5,709 | -€2,500 | -30.5% |
| Plant, machinery and equipment | 23 | €1,242 | €742 | -€500 | -40.3% |
| Furniture and vehicles | 24 | €6,967 | €4,967 | -€2,000 | -28.7% |
| Current assets | 29/58 | €19,572 | €11,785 | -€7,787 | -39.8% |
| Stocks and contracts in progress | 3 | €2,000 | €1,000 | -€1,000 | -50.0% |
| Stocks | 30/36 | €2,000 | €1,000 | -€1,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €15,225 | €10,784 | -€4,440 | -29.2% |
| Trade receivables | 40 | €13,447 | €4,611 | -€8,837 | -65.7% |
| Other amounts receivable | 41 | €1,777 | €6,174 | +€4,397 | +247.4% |
| Cash at bank and in hand | 54/58 | €2,348 | €0 | -€2,347 | -100.0% |
| Total equity and liabilities | 10/49 | €28,388 | €17,494 | -€10,894 | -38.4% |
| Equity | 10/15 | €13,162 | €5,417 | -€7,745 | -58.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €12,162 | €4,417 | -€7,745 | -63.7% |
| Distributable reserves | 133 | €12,162 | €4,417 | -€7,745 | -63.7% |
| Amounts payable | 17/49 | €15,226 | €12,077 | -€3,149 | -20.7% |
| Amounts payable within one year | 42/48 | €15,226 | €12,077 | -€3,149 | -20.7% |
| Trade debts | 44 | €2,909 | €8,005 | +€5,095 | +175.1% |
| Suppliers | 440/4 | €2,909 | €8,005 | +€5,095 | +175.1% |
| Taxes, remuneration and social security | 45 | €4,072 | €4,072 | = | 0.0% |
| Taxes | 450/3 | €4,072 | €4,072 | = | 0.0% |
| Other amounts payable | 47/48 | €8,244 | €0 | -€8,244 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,938 | €3,106 | +€1,168 | +60.2% |
| Other operating charges | 640/8 | €356 | €886 | +€529 | +148.6% |
| Gross operating margin | 9900 | €18,578 | -€3,664 | -€22,242 | |
| Operating profit (loss) | 9901 | €16,284 | -€7,656 | -€23,940 | |
| Financial income | 75/76B | - | €116 | +€116 | |
| Recurring financial income | 75 | - | €116 | +€116 | |
| Financial charges | 65/66B | €50 | €205 | +€155 | +308.9% |
| Recurring financial charges | 65 | €50 | €205 | +€155 | +308.9% |
| Profit (loss) for the period before taxes | 9903 | €16,234 | -€7,745 | -€23,978 | |
| Income taxes | 67/77 | €4,072 | €0 | -€4,072 | -100.0% |
| Profit (loss) for the period | 9904 | €12,162 | -€7,745 | -€19,907 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,162 | -€7,745 | -€19,907 |
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 10 October 2026 via checked.be.