BQ Electrics: 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.
BQ Electrics
Largest movements
- Tangible fixed assets +€11,032
up €11,032 (+306.3%), from €3,602 to €14,634
of which Furniture and vehicles: +€13,864
- Cash +€2,007
up €2,007 (+256.6%), from €782 to €2,789
mainly Net result for the year (+€20,943) and Tax, wage and social debts (+€9,085)
- Deferred charges and accrued income +€696
up €696 (+220.4%), from €316 to €1,012
- Receivables within one year -€502
down €502 (-11.6%), from €4,318 to €3,816
of which Trade receivables: -€1,031
- Stocks and contracts +€500
up €500 (+100.0%), from €500 to €1,000
- Profit (loss) carried forward +€20,943
up €20,943 (+29.7%), from -€70,590 to -€49,647
- Debts after one year -€14,522
down €14,522 (-34.6%), from €42,000 to €27,478
of which Other amounts payable: -€23,500
- Tax, wage and social debts +€9,085
up €9,085 (+121.6%), from €7,470 to €16,555
- Trade debts -€2,561
down €2,561 (-33.9%), from €7,561 to €5,000
- Current portion of long-term debt +€923
up €923 (+38.3%), from €2,410 to €3,333
- Gross operating margin +€4,405
up €4,405 (+12.1%), from €36,419 to €40,824
- Taxes +€3,199
up €3,199 (+43.0%), from €7,436 to €10,635
- Depreciation -€2,941
down €2,941 (-51.4%), from €5,719 to €2,779
- Other operating charges -€798
down €798 (-14.5%), from €5,486 to €4,688
- Financial income -€420
down €420 (-100.0%), from €420 to €0
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 | €9,518 | €23,251 | +€13,733 | +144.3% |
| Fixed assets | 21/28 | €3,602 | €14,634 | +€11,032 | +306.3% |
| Tangible fixed assets | 22/27 | €3,602 | €14,634 | +€11,032 | +306.3% |
| Land and buildings | 22 | €1,539 | €770 | -€769 | -50.0% |
| Furniture and vehicles | 24 | - | €13,864 | +€13,864 | |
| Leasing and similar rights | 25 | €2,063 | €0 | -€2,063 | -100.0% |
| Current assets | 29/58 | €5,916 | €8,617 | +€2,701 | +45.7% |
| Stocks and contracts in progress | 3 | €500 | €1,000 | +€500 | +100.0% |
| Contracts in progress | 37 | €500 | €1,000 | +€500 | +100.0% |
| Amounts receivable within one year | 40/41 | €4,318 | €3,816 | -€502 | -11.6% |
| Trade receivables | 40 | €3,948 | €2,916 | -€1,031 | -26.1% |
| Other amounts receivable | 41 | €371 | €900 | +€529 | +142.7% |
| Cash at bank and in hand | 54/58 | €782 | €2,789 | +€2,007 | +256.6% |
| Deferred charges and accrued income | 490/1 | €316 | €1,012 | +€696 | +220.4% |
| Total equity and liabilities | 10/49 | €9,518 | €23,251 | +€13,733 | +144.3% |
| Equity | 10/15 | -€50,511 | -€29,568 | +€20,943 | +41.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €79 | €79 | = | 0.0% |
| Distributable reserves | 133 | €79 | €79 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,590 | -€49,647 | +€20,943 | +29.7% |
| Amounts payable | 17/49 | €60,029 | €52,820 | -€7,210 | -12.0% |
| Amounts payable after more than one year | 17 | €42,000 | €27,478 | -€14,522 | -34.6% |
| Financial debts | 170/4 | €0 | €8,978 | +€8,978 | |
| Other amounts payable | 178/9 | €42,000 | €18,500 | -€23,500 | -56.0% |
| Amounts payable within one year | 42/48 | €18,029 | €25,342 | +€7,312 | +40.6% |
| Current portion of amounts payable after more than one year | 42 | €2,410 | €3,333 | +€923 | +38.3% |
| Trade debts | 44 | €7,561 | €5,000 | -€2,561 | -33.9% |
| Suppliers | 440/4 | €7,561 | €5,000 | -€2,561 | -33.9% |
| Advances received on contracts in progress | 46 | €361 | €0 | -€361 | -100.0% |
| Taxes, remuneration and social security | 45 | €7,470 | €16,555 | +€9,085 | +121.6% |
| Taxes | 450/3 | €7,470 | €16,555 | +€9,085 | +121.6% |
| Other amounts payable | 47/48 | €227 | €453 | +€226 | +99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,719 | €2,779 | -€2,941 | -51.4% |
| Other operating charges | 640/8 | €5,486 | €4,688 | -€798 | -14.5% |
| Gross operating margin | 9900 | €36,419 | €40,824 | +€4,405 | +12.1% |
| Operating profit (loss) | 9901 | €25,213 | €33,357 | +€8,144 | +32.3% |
| Financial income | 75/76B | €420 | €0 | -€420 | -100.0% |
| Recurring financial income | 75 | €420 | €0 | -€420 | -100.0% |
| Financial charges | 65/66B | €1,550 | €1,780 | +€230 | +14.8% |
| Recurring financial charges | 65 | €1,550 | €1,780 | +€230 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €24,084 | €31,578 | +€7,494 | +31.1% |
| Income taxes | 67/77 | €7,436 | €10,635 | +€3,199 | +43.0% |
| Profit (loss) for the period | 9904 | €16,648 | €20,943 | +€4,295 | +25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,648 | €20,943 | +€4,295 | +25.8% |
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 9 October 2026 via checked.be.