BS Electro: what changed
What changed
BS Electro
NACE 43.240, Other construction installation
filed annual accounts (NBB)
Net result for the year
-€1,342
2024 · -€230-€1,112
Equity
€47,502
2024 · €48,844-€1,342
Cash
€12,547
2024 · €13,172-€625
Balance sheet total
€161,085
2024 · €182,218-€21,133
Largest movements
Assets
- Stocks and contracts -€9,996
down €9,996 (-35.1%), from €28,488 to €18,492
of which Contracts in progress: -€14,666
- Tangible fixed assets -€5,277
down €5,277 (-6.2%), from €85,189 to €79,912
of which Furniture and vehicles: -€12,513
- Receivables within one year -€3,811
down €3,811 (-8.7%), from €43,565 to €39,754
of which Other amounts receivable: -€3,432
Equity and liabilities
- Debts after one year -€11,531
down €11,531 (-18.1%), from €63,801 to €52,270
- Current portion of long-term debt -€11,143
down €11,143 (-29.9%), from €37,228 to €26,086
- Tax, wage and social debts +€8,014
up €8,014 (+304%), from €2,636 to €10,650
of which Remuneration and social security: +€4,771
- Other debts -€6,884
down €6,884 (-51.9%), from €13,266 to €6,382
Income statement
- Depreciation -€29,873
down €29,873 (-51.9%), from €57,519 to €27,646
- Gross operating margin -€29,293
down €29,293 (-47.9%), from €61,113 to €31,820
- Other operating charges +€1,918
up €1,918 (+158%), from €1,216 to €3,134
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
-€230
Gross operating margin
-€29,293
Depreciation
+€29,873
Other operating charges
-€1,918
Financial income
+€19
Financial charges
+€208
Taxes
-€1
Result 2025
-€1,342
raises the resultlowers the result
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
+€44,417
Investment
-€22,369
Financing
-€22,673
Cash 2024
€13,172
From operations (derived)
+€44,417
Net result for the year
-€1,342
Depreciation
+€27,646
Stocks and contracts
+€9,996
Receivables within one year
+€3,811
Deferred charges and accrued income
+€1,423
Trade debts
+€1,763
Tax, wage and social debts
+€8,014
Other debts
-€6,884
Accrued charges and deferred income
-€9
Investment (derived)
-€22,369
Investment in fixed assets (net)
-€22,369
Financing
-€22,673
Debts after one year
-€11,531
Current portion of long-term debt
-€11,143
Cash 2025
€12,547
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €182,218 | €161,085 | -€21,133 | -11.6% |
| Fixed assets | 21/28 | €88,939 | €83,662 | -€5,277 | -5.9% |
| Tangible fixed assets | 22/27 | €85,189 | €79,912 | -€5,277 | -6.2% |
| Land and buildings | 22 | €309 | €155 | -€155 | -50.0% |
| Plant, machinery and equipment | 23 | €46,389 | €53,779 | +€7,391 | +15.9% |
| Furniture and vehicles | 24 | €38,492 | €25,979 | -€12,513 | -32.5% |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €93,278 | €77,423 | -€15,856 | -17.0% |
| Stocks and contracts in progress | 3 | €28,488 | €18,492 | -€9,996 | -35.1% |
| Stocks | 30/36 | €13,822 | €18,492 | +€4,670 | +33.8% |
| Contracts in progress | 37 | €14,666 | - | -€14,666 | |
| Amounts receivable within one year | 40/41 | €43,565 | €39,754 | -€3,811 | -8.7% |
| Trade receivables | 40 | €33,809 | €33,429 | -€380 | -1.1% |
| Other amounts receivable | 41 | €9,756 | €6,324 | -€3,432 | -35.2% |
| Cash at bank and in hand | 54/58 | €13,172 | €12,547 | -€625 | -4.7% |
| Deferred charges and accrued income | 490/1 | €8,054 | €6,631 | -€1,423 | -17.7% |
| Total equity and liabilities | 10/49 | €182,218 | €161,085 | -€21,133 | -11.6% |
| Equity | 10/15 | €48,844 | €47,502 | -€1,342 | -2.7% |
| Contributions | 10/11 | €6,260 | €6,260 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,724 | €39,382 | -€1,342 | -3.3% |
| Amounts payable | 17/49 | €133,374 | €113,584 | -€19,790 | -14.8% |
| Amounts payable after more than one year | 17 | €63,801 | €52,270 | -€11,531 | -18.1% |
| Financial debts | 170/4 | €63,801 | €52,270 | -€11,531 | -18.1% |
| Amounts payable within one year | 42/48 | €69,563 | €61,313 | -€8,250 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €37,228 | €26,086 | -€11,143 | -29.9% |
| Trade debts | 44 | €16,433 | €18,196 | +€1,763 | +10.7% |
| Suppliers | 440/4 | €16,433 | €18,196 | +€1,763 | +10.7% |
| Taxes, remuneration and social security | 45 | €2,636 | €10,650 | +€8,014 | +304% |
| Taxes | 450/3 | €596 | €3,838 | +€3,243 | +544% |
| Remuneration and social security | 454/9 | €2,040 | €6,811 | +€4,771 | +234% |
| Other amounts payable | 47/48 | €13,266 | €6,382 | -€6,884 | -51.9% |
| Accrued charges and deferred income | 492/3 | €9 | - | -€9 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,519 | €27,646 | -€29,873 | -51.9% |
| Other operating charges | 640/8 | €1,216 | €3,134 | +€1,918 | +158% |
| Gross operating margin | 9900 | €61,113 | €31,820 | -€29,293 | -47.9% |
| Operating profit (loss) | 9901 | €2,378 | €1,039 | -€1,338 | -56.3% |
| Financial income | 75/76B | €0 | €19 | +€19 | +8,938% |
| Recurring financial income | 75 | €0 | €19 | +€19 | +8,938% |
| Financial charges | 65/66B | €2,467 | €2,259 | -€208 | -8.4% |
| Recurring financial charges | 65 | €2,467 | €2,259 | -€208 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | -€89 | -€1,201 | -€1,112 | -1,245% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +0.5% |
| Profit (loss) for the period | 9904 | -€230 | -€1,342 | -€1,112 | -484% |
| Profit (loss) for the period to be appropriated | 9905 | -€230 | -€1,342 | -€1,112 | -484% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.