BOBININDUS POWER SYSTEMS: what changed
What changed
BOBININDUS POWER SYSTEMS
NACE 27.110, Manufacture of electrical equipment
filed annual accounts (NBB)
Net result for the year
-€1.5m
2024 · -€546,661-€984,036
Equity
€2.5m
2024 · €4.1m-€1.5m
Cash
€636,792
2024 · €488,508+€148,284
Balance sheet total
€4.7m
2024 · €6.6m-€1.9m
Largest movements
Assets
- Receivables within one year -€2.4m
down €2.4m (-61.6%), from €3.8m to €1.5m
of which Other amounts receivable: -€1.3m
- Stocks and contracts +€287,532
up €287,532 (+14.6%), from €2.0m to €2.3m
of which Contracts in progress: +€398,347
- Cash +€148,284
up €148,284 (+30.4%), from €488,508 to €636,792
mainly Receivables within one year (+€2.4m) and Advances received (+€392,850)
Equity and liabilities
- Reserves -€1.5m
down €1.5m (-50.0%), from €3.1m to €1.5m
of which Distributable reserves: -€1.5m
- Trade debts -€477,572
down €477,572 (-33.0%), from €1.4m to €971,752
- Advances received +€392,850
up €392,850 (+106%), from €371,862 to €764,712
- Short-term financial debts -€300,000
no longer reported in 2025 (was €300,000)
Income statement
- Financial charges +€1.4m
up €1.4m (+3,198%), from €44,074 to €1.5m
of which Non-recurring financial charges: +€1.4m
- Write-downs -€372,298
down €372,298 (-94.1%), from €395,470 to €23,172
- Staff costs +€110,905
up €110,905 (+6.1%), from €1.8m to €1.9m
- Gross operating margin +€110,828
up €110,828 (+5.0%), from €2.2m to €2.3m
- Financial income +€43,808
up €43,808 (+197%), from €22,208 to €66,016
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€546,661
Gross operating margin
+€110,828
Staff costs
-€110,905
Depreciation
+€4,384
Write-downs
+€372,298
Other operating charges
-€2,298
Other operating items
+€8,519
Financial income
+€43,808
Financial charges
-€1.4m
Taxes
-€1,387
Result 2025
-€1.5m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€540,241
Investment
-€91,958
Financing
-€300,000
Cash 2024
€488,508
From operations (derived)
+€540,241
Net result for the year
-€1.5m
Depreciation
+€78,203
Stocks and contracts
-€287,532
Receivables within one year
+€2.4m
Deferred charges and accrued income
-€27,957
Trade debts
-€477,572
Tax, wage and social debts
+€5,320
Advances received
+€392,850
Other debts
+€7,193
Accrued charges and deferred income
+€29,803
Investment (derived)
-€91,958
Investment in fixed assets (net)
-€91,958
Financing
-€300,000
Short-term financial debts
-€300,000
Contributions, distributions and other
+€0
Cash 2025
€636,792
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,566,925 | €4,693,822 | -€1.9m | -28.5% |
| Fixed assets | 21/28 | €280,205 | €293,960 | +€13,755 | +4.9% |
| Intangible fixed assets | 21 | €41,818 | €72,524 | +€30,706 | +73.4% |
| Tangible fixed assets | 22/27 | €217,980 | €201,028 | -€16,952 | -7.8% |
| Plant, machinery and equipment | 23 | €117,153 | €125,276 | +€8,123 | +6.9% |
| Furniture and vehicles | 24 | €70,120 | €55,755 | -€14,365 | -20.5% |
| Other tangible fixed assets | 26 | €30,707 | €19,997 | -€10,710 | -34.9% |
| Financial fixed assets | 28 | €20,408 | €20,408 | = | 0.0% |
| Current assets | 29/58 | €6,286,720 | €4,399,862 | -€1.9m | -30.0% |
| Stocks and contracts in progress | 3 | €1,974,818 | €2,262,350 | +€287,532 | +14.6% |
| Stocks | 30/36 | €1,116,152 | €1,005,337 | -€110,815 | -9.9% |
| Contracts in progress | 37 | €858,666 | €1,257,013 | +€398,347 | +46.4% |
| Amounts receivable within one year | 40/41 | €3,815,575 | €1,464,945 | -€2.4m | -61.6% |
| Trade receivables | 40 | €2,377,935 | €1,322,181 | -€1.1m | -44.4% |
| Other amounts receivable | 41 | €1,437,641 | €142,764 | -€1.3m | -90.1% |
| Cash at bank and in hand | 54/58 | €488,508 | €636,792 | +€148,284 | +30.4% |
| Deferred charges and accrued income | 490/1 | €7,818 | €35,775 | +€27,957 | +358% |
| Total equity and liabilities | 10/49 | €6,566,925 | €4,693,822 | -€1.9m | -28.5% |
| Equity | 10/15 | €4,062,872 | €2,532,175 | -€1.5m | -37.7% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €3,062,872 | €1,532,175 | -€1.5m | -50.0% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €2,962,872 | €1,432,175 | -€1.5m | -51.7% |
| Amounts payable | 17/49 | €2,504,053 | €2,161,647 | -€342,406 | -13.7% |
| Amounts payable within one year | 42/48 | €2,498,893 | €2,126,684 | -€372,209 | -14.9% |
| Financial debts | 43 | €300,000 | - | -€300,000 | |
| Credit institutions | 430/8 | €300,000 | - | -€300,000 | |
| Trade debts | 44 | €1,449,324 | €971,752 | -€477,572 | -33.0% |
| Suppliers | 440/4 | €1,449,324 | €971,752 | -€477,572 | -33.0% |
| Advances received on contracts in progress | 46 | €371,862 | €764,712 | +€392,850 | +106% |
| Taxes, remuneration and social security | 45 | €234,090 | €239,410 | +€5,320 | +2.3% |
| Taxes | 450/3 | €18,373 | €20,033 | +€1,660 | +9.0% |
| Remuneration and social security | 454/9 | €215,717 | €219,377 | +€3,660 | +1.7% |
| Other amounts payable | 47/48 | €143,617 | €150,810 | +€7,193 | +5.0% |
| Accrued charges and deferred income | 492/3 | €5,160 | €34,963 | +€29,803 | +578% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,828,557 | €1,939,462 | +€110,905 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,587 | €78,203 | -€4,384 | -5.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €395,470 | €23,172 | -€372,298 | -94.1% |
| Other operating charges | 640/8 | €18,205 | €20,503 | +€2,298 | +12.6% |
| Non-recurring operating charges | 66A | €420,296 | €411,777 | -€8,519 | -2.0% |
| Gross operating margin | 9900 | €2,220,138 | €2,330,966 | +€110,828 | +5.0% |
| Operating profit (loss) | 9901 | -€524,977 | -€142,151 | +€382,826 | +72.9% |
| Financial income | 75/76B | €22,208 | €66,016 | +€43,808 | +197% |
| Recurring financial income | 75 | €22,208 | €66,016 | +€43,808 | +197% |
| Financial charges | 65/66B | €44,074 | €1,453,357 | +€1.4m | +3,198% |
| Recurring financial charges | 65 | €44,074 | €18,980 | -€25,094 | -56.9% |
| Non-recurring financial charges | 66B | - | €1,434,377 | +€1.4m | |
| Profit (loss) for the period before taxes | 9903 | -€546,843 | -€1,529,492 | -€982,649 | -180% |
| Income taxes | 67/77 | -€182 | €1,205 | +€1,387 | |
| Profit (loss) for the period | 9904 | -€546,661 | -€1,530,697 | -€984,036 | -180% |
| Profit (loss) for the period to be appropriated | 9905 | -€546,661 | -€1,530,697 | -€984,036 | -180% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.