BELEKTRO & C°: 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.
BELEKTRO & C°
Largest movements
- Receivables within one year -€8,961
down €8,961 (-70.6%), from €12,700 to €3,740
of which Trade receivables: -€7,372
- Cash -€3,086
down €3,086 (-73.5%), from €4,201 to €1,115
mainly Net result for the year (-€14,085) and Deferred charges and accrued income (-€595)
- Tangible fixed assets -€1,383
down €1,383 (-98.8%), from €1,400 to €17
of which Plant, machinery and equipment: -€1,400
- Deferred charges and accrued income +€595
up €595 (+124%), from €481 to €1,076
- Profit (loss) carried forward -€14,085
down €14,085 (-330%), from -€4,263 to -€18,348
- Other debts +€687
up €687 (+4.3%), from €15,866 to €16,552
- Trade debts +€565
up €565 (+57.7%), from €979 to €1,544
- Gross operating margin -€26,256
down €26,256, from €15,743 to -€10,513
- Other operating charges -€364
down €364 (-21.1%), from €1,722 to €1,358
- Write-downs +€275
new in 2025: €275
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
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 | €18,782 | €5,948 | -€12,834 | -68.3% |
| Fixed assets | 21/28 | €1,400 | €17 | -€1,383 | -98.8% |
| Tangible fixed assets | 22/27 | €1,400 | €17 | -€1,383 | -98.8% |
| Plant, machinery and equipment | 23 | €1,400 | - | -€1,400 | |
| Furniture and vehicles | 24 | - | €17 | +€17 | |
| Current assets | 29/58 | €17,382 | €5,931 | -€11,451 | -65.9% |
| Amounts receivable within one year | 40/41 | €12,700 | €3,740 | -€8,961 | -70.6% |
| Trade receivables | 40 | €10,372 | €3,000 | -€7,372 | -71.1% |
| Other amounts receivable | 41 | €2,328 | €740 | -€1,589 | -68.2% |
| Cash at bank and in hand | 54/58 | €4,201 | €1,115 | -€3,086 | -73.5% |
| Deferred charges and accrued income | 490/1 | €481 | €1,076 | +€595 | +124% |
| Total equity and liabilities | 10/49 | €18,782 | €5,948 | -€12,834 | -68.3% |
| Equity | 10/15 | €1,937 | -€12,148 | -€14,085 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,263 | -€18,348 | -€14,085 | -330% |
| Amounts payable | 17/49 | €16,845 | €18,096 | +€1,251 | +7.4% |
| Amounts payable within one year | 42/48 | €16,845 | €18,096 | +€1,251 | +7.4% |
| Trade debts | 44 | €979 | €1,544 | +€565 | +57.7% |
| Suppliers | 440/4 | €979 | €1,544 | +€565 | +57.7% |
| Other amounts payable | 47/48 | €15,866 | €16,552 | +€687 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,406 | €1,408 | +€1 | +0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €275 | +€275 | |
| Other operating charges | 640/8 | €1,722 | €1,358 | -€364 | -21.1% |
| Gross operating margin | 9900 | €15,743 | -€10,513 | -€26,256 | |
| Operating profit (loss) | 9901 | €12,615 | -€13,554 | -€26,168 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €567 | €532 | -€36 | -6.3% |
| Recurring financial charges | 65 | €567 | €532 | -€36 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €12,048 | -€14,085 | -€26,133 | |
| Profit (loss) for the period | 9904 | €12,048 | -€14,085 | -€26,133 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,048 | -€14,085 | -€26,133 |
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 15 October 2026 via checked.be.