AUTOMATIC ELECTRONIC SYSTEM: 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.
AUTOMATIC ELECTRONIC SYSTEM
Largest movements
- Cash +€78,024
up €78,024 (+82.5%), from €94,542 to €172,566
mainly Net result for the year (+€89,464) and Other debts (+€65,050)
- Tangible fixed assets -€34,775
down €34,775 (-23.3%), from €149,136 to €114,361
of which Furniture and vehicles: -€23,614
- Receivables within one year +€24,584
up €24,584 (+50.6%), from €48,561 to €73,145
of which Trade receivables: +€28,298
- Other debts +€65,050
up €65,050 (+134.0%), from €48,557 to €113,607
- Tax, wage and social debts +€14,910
up €14,910 (+238.1%), from €6,262 to €21,172
of which Remuneration and social security: +€13,741
- Reserves -€14,100
down €14,100 (-5.7%), from €247,700 to €233,600
- Gross operating margin +€58,625
up €58,625 (+26.8%), from €218,631 to €277,256
- Staff costs +€51,990
up €51,990 (+92.0%), from €56,515 to €108,505
- Depreciation +€4,675
up €4,675 (+15.5%), from €30,100 to €34,775
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 | €304,416 | €372,430 | +€68,014 | +22.3% |
| Fixed assets | 21/28 | €149,756 | €114,981 | -€34,775 | -23.2% |
| Tangible fixed assets | 22/27 | €149,136 | €114,361 | -€34,775 | -23.3% |
| Land and buildings | 22 | €58,491 | €49,853 | -€8,638 | -14.8% |
| Plant, machinery and equipment | 23 | €12,235 | €9,712 | -€2,523 | -20.6% |
| Furniture and vehicles | 24 | €78,410 | €54,796 | -€23,614 | -30.1% |
| Financial fixed assets | 28 | €620 | €620 | = | 0.0% |
| Current assets | 29/58 | €154,660 | €257,449 | +€102,789 | +66.5% |
| Amounts receivable within one year | 40/41 | €48,561 | €73,145 | +€24,584 | +50.6% |
| Trade receivables | 40 | €34,262 | €62,560 | +€28,298 | +82.6% |
| Other amounts receivable | 41 | €14,299 | €10,585 | -€3,714 | -26.0% |
| Cash at bank and in hand | 54/58 | €94,542 | €172,566 | +€78,024 | +82.5% |
| Deferred charges and accrued income | 490/1 | €11,557 | €11,738 | +€181 | +1.6% |
| Total equity and liabilities | 10/49 | €304,416 | €372,430 | +€68,014 | +22.3% |
| Equity | 10/15 | €248,037 | €234,401 | -€13,636 | -5.5% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €247,700 | €233,600 | -€14,100 | -5.7% |
| Distributable reserves | 133 | €247,700 | €233,600 | -€14,100 | -5.7% |
| Profit (loss) carried forward | 14 | €336 | €800 | +€464 | +138.1% |
| Amounts payable | 17/49 | €56,379 | €138,029 | +€81,650 | +144.8% |
| Amounts payable within one year | 42/48 | €56,379 | €138,029 | +€81,650 | +144.8% |
| Financial debts | 43 | - | €694 | +€694 | |
| Credit institutions | 430/8 | - | €694 | +€694 | |
| Trade debts | 44 | €1,560 | €2,556 | +€996 | +63.8% |
| Suppliers | 440/4 | €1,560 | €2,556 | +€996 | +63.8% |
| Taxes, remuneration and social security | 45 | €6,262 | €21,172 | +€14,910 | +238.1% |
| Taxes | 450/3 | €1,127 | €2,296 | +€1,169 | +103.7% |
| Remuneration and social security | 454/9 | €5,135 | €18,876 | +€13,741 | +267.6% |
| Other amounts payable | 47/48 | €48,557 | €113,607 | +€65,050 | +134.0% |
| Remuneration, social security and pensions | 62 | €56,515 | €108,505 | +€51,990 | +92.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,100 | €34,775 | +€4,675 | +15.5% |
| Other operating charges | 640/8 | €2,973 | €2,243 | -€730 | -24.6% |
| Gross operating margin | 9900 | €218,631 | €277,256 | +€58,625 | +26.8% |
| Operating profit (loss) | 9901 | €129,043 | €131,733 | +€2,690 | +2.1% |
| Financial income | 75/76B | €421 | €670 | +€249 | +59.1% |
| Recurring financial income | 75 | €421 | €670 | +€249 | +59.1% |
| Financial charges | 65/66B | €40 | €62 | +€22 | +55.0% |
| Recurring financial charges | 65 | €40 | €62 | +€22 | +55.0% |
| Profit (loss) for the period before taxes | 9903 | €129,424 | €132,341 | +€2,917 | +2.3% |
| Income taxes | 67/77 | €41,126 | €42,877 | +€1,751 | +4.3% |
| Profit (loss) for the period | 9904 | €88,298 | €89,464 | +€1,166 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €88,298 | €89,464 | +€1,166 | +1.3% |
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 29 September 2026 via checked.be.