BS Electricité: 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.
BS Electricité
Largest movements
- Receivables within one year +€28,663
up €28,663 (+187%), from €15,325 to €43,988
of which Other amounts receivable: +€17,560
- Cash +€26,165
up €26,165 (+207%), from €12,632 to €38,797
mainly Net result for the year (+€40,224) and Advances received (+€25,000)
- Stocks and contracts +€13,159
new in 2025: €13,159
- Tangible fixed assets -€5,171
down €5,171 (-12.1%), from €42,769 to €37,598
of which Plant, machinery and equipment: -€4,424
- Deferred charges and accrued income +€1,935
up €1,935 (+53.8%), from €3,596 to €5,531
- Profit (loss) carried forward +€40,224
up €40,224 (+207%), from €19,442 to €59,666
- Advances received +€25,000
new in 2025: €25,000
- Trade debts +€19,380
up €19,380 (+104%), from €18,602 to €37,982
- Other debts -€14,535
down €14,535 (-90.9%), from €15,993 to €1,459
- Debts after one year -€3,380
down €3,380 (-100%), from €3,380 to €0
- Gross operating margin +€45,956
up €45,956 (+108%), from €42,579 to €88,534
- Staff costs +€11,035
up €11,035 (+397%), from €2,781 to €13,816
- Taxes +€8,877
up €8,877 (+168%), from €5,291 to €14,167
- Depreciation +€7,946
up €7,946 (+73.1%), from €10,871 to €18,817
- Other operating charges -€2,577
down €2,577 (-83.9%), from €3,072 to €496
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 | €74,604 | €139,355 | +€64,751 | +86.8% |
| Fixed assets | 21/28 | €43,050 | €37,879 | -€5,171 | -12.0% |
| Tangible fixed assets | 22/27 | €42,769 | €37,598 | -€5,171 | -12.1% |
| Plant, machinery and equipment | 23 | €13,432 | €9,008 | -€4,424 | -32.9% |
| Furniture and vehicles | 24 | €29,338 | €28,590 | -€747 | -2.5% |
| Financial fixed assets | 28 | €281 | €281 | = | 0.0% |
| Current assets | 29/58 | €31,554 | €101,476 | +€69,922 | +222% |
| Stocks and contracts in progress | 3 | - | €13,159 | +€13,159 | |
| Stocks | 30/36 | - | €13,159 | +€13,159 | |
| Amounts receivable within one year | 40/41 | €15,325 | €43,988 | +€28,663 | +187% |
| Trade receivables | 40 | €9,559 | €20,662 | +€11,103 | +116% |
| Other amounts receivable | 41 | €5,766 | €23,326 | +€17,560 | +305% |
| Cash at bank and in hand | 54/58 | €12,632 | €38,797 | +€26,165 | +207% |
| Deferred charges and accrued income | 490/1 | €3,596 | €5,531 | +€1,935 | +53.8% |
| Total equity and liabilities | 10/49 | €74,604 | €139,355 | +€64,751 | +86.8% |
| Equity | 10/15 | €29,442 | €69,666 | +€40,224 | +137% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,442 | €59,666 | +€40,224 | +207% |
| Amounts payable | 17/49 | €45,162 | €69,689 | +€24,527 | +54.3% |
| Amounts payable after more than one year | 17 | €3,380 | €0 | -€3,380 | -100% |
| Financial debts | 170/4 | €3,380 | €0 | -€3,380 | -100% |
| Amounts payable within one year | 42/48 | €41,781 | €69,651 | +€27,869 | +66.7% |
| Current portion of amounts payable after more than one year | 42 | €5,728 | €3,380 | -€2,347 | -41.0% |
| Trade debts | 44 | €18,602 | €37,982 | +€19,380 | +104% |
| Suppliers | 440/4 | €18,602 | €37,982 | +€19,380 | +104% |
| Advances received on contracts in progress | 46 | - | €25,000 | +€25,000 | |
| Taxes, remuneration and social security | 45 | €1,459 | €1,829 | +€371 | +25.4% |
| Taxes | 450/3 | €881 | €99 | -€782 | -88.8% |
| Remuneration and social security | 454/9 | €578 | €1,731 | +€1,153 | +200% |
| Other amounts payable | 47/48 | €15,993 | €1,459 | -€14,535 | -90.9% |
| Accrued charges and deferred income | 492/3 | - | €39 | +€39 | |
| Remuneration, social security and pensions | 62 | €2,781 | €13,816 | +€11,035 | +397% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,871 | €18,817 | +€7,946 | +73.1% |
| Other operating charges | 640/8 | €3,072 | €496 | -€2,577 | -83.9% |
| Gross operating margin | 9900 | €42,579 | €88,534 | +€45,956 | +108% |
| Operating profit (loss) | 9901 | €25,855 | €55,405 | +€29,551 | +114% |
| Financial income | 75/76B | €0 | €3 | +€3 | +29,900% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +29,900% |
| Financial charges | 65/66B | €1,121 | €1,017 | -€104 | -9.3% |
| Recurring financial charges | 65 | €1,121 | €1,017 | -€104 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €24,733 | €54,391 | +€29,658 | +120% |
| Income taxes | 67/77 | €5,291 | €14,167 | +€8,877 | +168% |
| Profit (loss) for the period | 9904 | €19,442 | €40,224 | +€20,781 | +107% |
| Profit (loss) for the period to be appropriated | 9905 | €19,442 | €40,224 | +€20,781 | +107% |
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 29 October 2026 via checked.be.