BROEKAERT ELECTRIC SERVICES: what changed
BROEKAERT ELECTRIC SERVICES
Largest movements
- Receivables within one year -€10,715
down €10,715 (-56.8%), from €18,854 to €8,139
of which Trade receivables: -€5,705
- Cash -€7,465
down €7,465 (-56.2%), from €13,283 to €5,818
mainly Net result for the year (-€17,549) and Stocks and contracts (-€6,987)
- Stocks and contracts +€6,987
up €6,987 (+279%), from €2,500 to €9,487
of which Contracts in progress: +€5,487
- Tangible fixed assets -€547
down €547 (-12.6%), from €4,336 to €3,788
of which Plant, machinery and equipment: -€565
- Profit (loss) carried forward -€17,549
down €17,549 (-45.9%), from -€38,216 to -€55,765
- Other debts +€7,363
up €7,363 (+73.2%), from €10,061 to €17,424
- Tax, wage and social debts -€2,166
down €2,166 (-23.4%), from €9,254 to €7,088
of which Remuneration and social security: -€2,200
- Current portion of long-term debt -€1,667
no longer reported in 2025 (was €1,667)
- Trade debts +€1,642
up €1,642 (+45.8%), from €3,585 to €5,227
- Gross operating margin -€14,759
down €14,759, from €1,864 to -€12,896
- Financial charges -€452
down €452 (-17.7%), from €2,551 to €2,098
- Other operating charges -€380
down €380 (-47.1%), from €806 to €426
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,785 | €28,900 | -€11,885 | -29.1% |
| Fixed assets | 21/28 | €4,336 | €3,788 | -€547 | -12.6% |
| Tangible fixed assets | 22/27 | €4,336 | €3,788 | -€547 | -12.6% |
| Plant, machinery and equipment | 23 | €717 | €152 | -€565 | -78.8% |
| Furniture and vehicles | 24 | €3,474 | €3,636 | +€162 | +4.7% |
| Other tangible fixed assets | 26 | €145 | - | -€145 | |
| Current assets | 29/58 | €36,450 | €25,112 | -€11,338 | -31.1% |
| Stocks and contracts in progress | 3 | €2,500 | €9,487 | +€6,987 | +279% |
| Stocks | 30/36 | €1,500 | €3,000 | +€1,500 | +100% |
| Contracts in progress | 37 | €1,000 | €6,487 | +€5,487 | +549% |
| Amounts receivable within one year | 40/41 | €18,854 | €8,139 | -€10,715 | -56.8% |
| Trade receivables | 40 | €6,602 | €896 | -€5,705 | -86.4% |
| Other amounts receivable | 41 | €12,252 | €7,242 | -€5,010 | -40.9% |
| Cash at bank and in hand | 54/58 | €13,283 | €5,818 | -€7,465 | -56.2% |
| Deferred charges and accrued income | 490/1 | €1,813 | €1,668 | -€145 | -8.0% |
| Total equity and liabilities | 10/49 | €40,785 | €28,900 | -€11,885 | -29.1% |
| Equity | 10/15 | -€11,782 | -€29,331 | -€17,549 | -149% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,234 | €20,234 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,047 | €1,047 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,047 | €1,047 | = | 0.0% |
| Distributable reserves | 133 | €19,187 | €19,187 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,216 | -€55,765 | -€17,549 | -45.9% |
| Amounts payable | 17/49 | €52,567 | €58,231 | +€5,664 | +10.8% |
| Amounts payable after more than one year | 17 | €28,000 | €28,000 | = | 0.0% |
| Financial debts | 170/4 | €28,000 | €28,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €24,567 | €29,739 | +€5,172 | +21.1% |
| Current portion of amounts payable after more than one year | 42 | €1,667 | - | -€1,667 | |
| Trade debts | 44 | €3,585 | €5,227 | +€1,642 | +45.8% |
| Suppliers | 440/4 | €3,585 | €5,227 | +€1,642 | +45.8% |
| Taxes, remuneration and social security | 45 | €9,254 | €7,088 | -€2,166 | -23.4% |
| Taxes | 450/3 | - | €34 | +€34 | |
| Remuneration and social security | 454/9 | €9,254 | €7,054 | -€2,200 | -23.8% |
| Other amounts payable | 47/48 | €10,061 | €17,424 | +€7,363 | +73.2% |
| Accrued charges and deferred income | 492/3 | - | €492 | +€492 | |
| Remuneration, social security and pensions | 62 | €82 | - | -€82 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,061 | €2,106 | +€45 | +2.2% |
| Other operating charges | 640/8 | €806 | €426 | -€380 | -47.1% |
| Gross operating margin | 9900 | €1,864 | -€12,896 | -€14,759 | |
| Operating profit (loss) | 9901 | -€1,086 | -€15,429 | -€14,343 | -1,321% |
| Financial income | 75/76B | €0 | €0 | -€0 | -16.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -16.7% |
| Financial charges | 65/66B | €2,551 | €2,098 | -€452 | -17.7% |
| Recurring financial charges | 65 | €2,551 | €2,098 | -€452 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,636 | -€17,527 | -€13,891 | -382% |
| Income taxes | 67/77 | - | €23 | +€23 | |
| Profit (loss) for the period | 9904 | -€3,636 | -€17,549 | -€13,913 | -383% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,636 | -€17,549 | -€13,913 | -383% |
Next steps
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 4 November 2026 via checked.be.