B.V. ELEC: 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.
B.V. ELEC
Largest movements
- Receivables within one year -€13,406
down €13,406 (-55.1%), from €24,336 to €10,930
of which Trade receivables: -€13,271
- Tangible fixed assets -€6,577
down €6,577 (-26.5%), from €24,794 to €18,218
of which Leasing and similar rights: -€5,533
- Other debts -€19,283
down €19,283 (-84.4%), from €22,838 to €3,555
- Debts after one year -€11,590
down €11,590 (-32.4%), from €35,765 to €24,175
- Profit (loss) carried forward +€9,600
up €9,600 (+13.3%), from -€72,372 to -€62,772
- Tax, wage and social debts +€2,807
new in 2025: €2,807
- Trade debts -€1,960
down €1,960 (-24.0%), from €8,153 to €6,192
- Gross operating margin +€38,137
up €38,137 (+764%), from €4,995 to €43,132
- Purchases and services -€12,711
down €12,711 (-18.5%), from €68,738 to €56,027
- Turnover +€10,674
up €10,674 (+16.1%), from €66,442 to €77,116
- Other operating charges +€5,470
up €5,470 (+799%), from €684 to €6,154
- Depreciation +€862
up €862 (+15.1%), from €5,714 to €6,577
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,424 | €32,322 | -€20,101 | -38.3% |
| Fixed assets | 21/28 | €24,969 | €18,393 | -€6,577 | -26.3% |
| Tangible fixed assets | 22/27 | €24,794 | €18,218 | -€6,577 | -26.5% |
| Furniture and vehicles | 24 | €2,434 | €1,391 | -€1,043 | -42.9% |
| Leasing and similar rights | 25 | €22,360 | €16,827 | -€5,533 | -24.7% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €27,455 | €13,930 | -€13,525 | -49.3% |
| Stocks and contracts in progress | 3 | €3,000 | €3,000 | = | 0.0% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,336 | €10,930 | -€13,406 | -55.1% |
| Trade receivables | 40 | €24,145 | €10,874 | -€13,271 | -55.0% |
| Other amounts receivable | 41 | €191 | €55 | -€136 | -71.0% |
| Deferred charges and accrued income | 490/1 | €119 | - | -€119 | |
| Total equity and liabilities | 10/49 | €52,424 | €32,322 | -€20,101 | -38.3% |
| Equity | 10/15 | -€51,912 | -€42,312 | +€9,600 | +18.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,372 | -€62,772 | +€9,600 | +13.3% |
| Amounts payable | 17/49 | €104,336 | €74,635 | -€29,701 | -28.5% |
| Amounts payable after more than one year | 17 | €35,765 | €24,175 | -€11,590 | -32.4% |
| Financial debts | 170/4 | €35,765 | €24,175 | -€11,590 | -32.4% |
| Amounts payable within one year | 42/48 | €67,720 | €49,762 | -€17,958 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €10,734 | €11,590 | +€856 | +8.0% |
| Financial debts | 43 | €25,996 | €25,619 | -€377 | -1.5% |
| Credit institutions | 430/8 | €25,996 | €25,619 | -€377 | -1.5% |
| Trade debts | 44 | €8,153 | €6,192 | -€1,960 | -24.0% |
| Suppliers | 440/4 | €8,153 | €6,192 | -€1,960 | -24.0% |
| Taxes, remuneration and social security | 45 | - | €2,807 | +€2,807 | |
| Taxes | 450/3 | - | €2,807 | +€2,807 | |
| Other amounts payable | 47/48 | €22,838 | €3,555 | -€19,283 | -84.4% |
| Accrued charges and deferred income | 492/3 | €850 | €697 | -€153 | -18.0% |
| Turnover | 70 | €66,442 | €77,116 | +€10,674 | +16.1% |
| Non-recurring operating income | 76A | €7,029 | €20,798 | +€13,769 | +196% |
| Goods, raw materials, services and sundry goods | 60/61 | €68,738 | €56,027 | -€12,711 | -18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,714 | €6,577 | +€862 | +15.1% |
| Other operating charges | 640/8 | €684 | €6,154 | +€5,470 | +799% |
| Non-recurring operating charges | 66A | €1,233 | €12,879 | +€11,646 | +944% |
| Gross operating margin | 9900 | €4,995 | €43,132 | +€38,137 | +764% |
| Operating profit (loss) | 9901 | -€2,637 | €17,522 | +€20,159 | |
| Financial income | 75/76B | €2 | €2 | +€0 | +7.0% |
| Recurring financial income | 75 | €2 | €2 | +€0 | +7.0% |
| Financial charges | 65/66B | €8,514 | €7,925 | -€590 | -6.9% |
| Recurring financial charges | 65 | €8,514 | €7,925 | -€590 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,149 | €9,600 | +€20,749 | |
| Profit (loss) for the period | 9904 | -€11,149 | €9,600 | +€20,749 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,149 | €9,600 | +€20,749 |
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 20 October 2026 via checked.be.