BK 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.
BK ELEC
Largest movements
- Tangible fixed assets -€28,762
down €28,762 (-33.9%), from €84,747 to €55,984
of which Furniture and vehicles: -€28,010
- Receivables within one year +€7,617
up €7,617 (+14.7%), from €51,879 to €59,496
of which Other amounts receivable: +€6,755
- Stocks and contracts -€4,153
down €4,153 (-60.7%), from €6,837 to €2,684
of which Stocks: -€2,153
- Cash +€2,859
up €2,859 (+15.6%), from €18,382 to €21,241
mainly Depreciation (+€28,762) and Net result for the year (+€14,612)
- Other debts -€21,968
down €21,968 (-44.3%), from €49,549 to €27,581
- Trade debts -€14,717
down €14,717 (-92.2%), from €15,962 to €1,245
- Reserves +€14,600
up €14,600 (+17.7%), from €82,700 to €97,300
- Gross operating margin +€32,853
up €32,853 (+104%), from €31,652 to €64,505
- Staff costs +€13,437
new in 2025: €13,437
- Taxes +€5,325
up €5,325 (+436%), from €1,222 to €6,547
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 | €161,845 | €139,406 | -€22,438 | -13.9% |
| Fixed assets | 21/28 | €84,747 | €55,984 | -€28,762 | -33.9% |
| Tangible fixed assets | 22/27 | €84,747 | €55,984 | -€28,762 | -33.9% |
| Plant, machinery and equipment | 23 | €2,123 | €1,371 | -€752 | -35.4% |
| Furniture and vehicles | 24 | €82,623 | €54,613 | -€28,010 | -33.9% |
| Current assets | 29/58 | €77,098 | €83,422 | +€6,324 | +8.2% |
| Stocks and contracts in progress | 3 | €6,837 | €2,684 | -€4,153 | -60.7% |
| Stocks | 30/36 | €3,837 | €1,684 | -€2,153 | -56.1% |
| Contracts in progress | 37 | €3,000 | €1,000 | -€2,000 | -66.7% |
| Amounts receivable within one year | 40/41 | €51,879 | €59,496 | +€7,617 | +14.7% |
| Trade receivables | 40 | €39,799 | €40,661 | +€862 | +2.2% |
| Other amounts receivable | 41 | €12,080 | €18,835 | +€6,755 | +55.9% |
| Cash at bank and in hand | 54/58 | €18,382 | €21,241 | +€2,859 | +15.6% |
| Total equity and liabilities | 10/49 | €161,845 | €139,406 | -€22,438 | -13.9% |
| Equity | 10/15 | €89,790 | €104,401 | +€14,612 | +16.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Share premium | 1100/10 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €82,700 | €97,300 | +€14,600 | +17.7% |
| Distributable reserves | 133 | €82,700 | €97,300 | +€14,600 | +17.7% |
| Profit (loss) carried forward | 14 | €890 | €901 | +€12 | +1.3% |
| Amounts payable | 17/49 | €72,055 | €35,005 | -€37,050 | -51.4% |
| Amounts payable within one year | 42/48 | €72,055 | €35,005 | -€37,050 | -51.4% |
| Trade debts | 44 | €15,962 | €1,245 | -€14,717 | -92.2% |
| Suppliers | 440/4 | €15,962 | €1,245 | -€14,717 | -92.2% |
| Taxes, remuneration and social security | 45 | €6,545 | €6,180 | -€365 | -5.6% |
| Taxes | 450/3 | €6,545 | €164 | -€6,381 | -97.5% |
| Remuneration and social security | 454/9 | - | €6,016 | +€6,016 | |
| Other amounts payable | 47/48 | €49,549 | €27,581 | -€21,968 | -44.3% |
| Remuneration, social security and pensions | 62 | - | €13,437 | +€13,437 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,528 | €28,762 | +€234 | +0.8% |
| Other operating charges | 640/8 | €1,511 | €1,119 | -€392 | -25.9% |
| Gross operating margin | 9900 | €31,652 | €64,505 | +€32,853 | +104% |
| Operating profit (loss) | 9901 | €1,613 | €21,186 | +€19,573 | +1,214% |
| Financial income | 75/76B | €3 | €74 | +€71 | +2,216% |
| Recurring financial income | 75 | €3 | €74 | +€71 | +2,216% |
| Financial charges | 65/66B | €28 | €102 | +€74 | +265% |
| Recurring financial charges | 65 | €28 | €102 | +€74 | +265% |
| Profit (loss) for the period before taxes | 9903 | €1,588 | €21,158 | +€19,570 | +1,232% |
| Income taxes | 67/77 | €1,222 | €6,547 | +€5,325 | +436% |
| Profit (loss) for the period | 9904 | €367 | €14,612 | +€14,245 | +3,886% |
| Profit (loss) for the period to be appropriated | 9905 | €367 | €14,612 | +€14,245 | +3,886% |
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 16 October 2026 via checked.be.