BSH ELEC: 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.
BSH ELEC
Largest movements
- Receivables within one year -€6,018
down €6,018 (-77.3%), from €7,789 to €1,771
of which Trade receivables: -€6,018
- Cash +€4,630
up €4,630 (+41.3%), from €11,198 to €15,828
mainly Receivables within one year (+€6,018) and Depreciation (+€2,523)
- Tangible fixed assets -€2,523
down €2,523 (-78.4%), from €3,218 to €695
of which Furniture and vehicles: -€2,301
- Trade debts -€4,195
down €4,195 (-84.1%), from €4,990 to €795
- Profit (loss) carried forward +€717
up €717 (+3.2%), from -€22,625 to -€21,908
- Tax, wage and social debts -€446
down €446 (-61.8%), from €722 to €276
- Depreciation -€2,991
down €2,991 (-54.2%), from €5,514 to €2,523
- Gross operating margin +€2,907
up €2,907 (+577%), from €504 to €3,411
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 | €22,855 | €18,956 | -€3,899 | -17.1% |
| Fixed assets | 21/28 | €3,218 | €695 | -€2,523 | -78.4% |
| Tangible fixed assets | 22/27 | €3,218 | €695 | -€2,523 | -78.4% |
| Plant, machinery and equipment | 23 | €263 | €41 | -€222 | -84.4% |
| Furniture and vehicles | 24 | €2,955 | €654 | -€2,301 | -77.9% |
| Current assets | 29/58 | €19,637 | €18,261 | -€1,376 | -7.0% |
| Amounts receivable within one year | 40/41 | €7,789 | €1,771 | -€6,018 | -77.3% |
| Trade receivables | 40 | €7,287 | €1,269 | -€6,018 | -82.6% |
| Other amounts receivable | 41 | €502 | €502 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,198 | €15,828 | +€4,630 | +41.3% |
| Deferred charges and accrued income | 490/1 | €650 | €662 | +€12 | +1.8% |
| Total equity and liabilities | 10/49 | €22,855 | €18,956 | -€3,899 | -17.1% |
| Equity | 10/15 | -€20,125 | -€19,408 | +€717 | +3.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,625 | -€21,908 | +€717 | +3.2% |
| Amounts payable | 17/49 | €42,980 | €38,364 | -€4,616 | -10.7% |
| Amounts payable within one year | 42/48 | €42,980 | €38,364 | -€4,616 | -10.7% |
| Trade debts | 44 | €4,990 | €795 | -€4,195 | -84.1% |
| Suppliers | 440/4 | €4,990 | €795 | -€4,195 | -84.1% |
| Taxes, remuneration and social security | 45 | €722 | €276 | -€446 | -61.8% |
| Taxes | 450/3 | €722 | €276 | -€446 | -61.8% |
| Other amounts payable | 47/48 | €37,268 | €37,293 | +€25 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,514 | €2,523 | -€2,991 | -54.2% |
| Gross operating margin | 9900 | €504 | €3,411 | +€2,907 | +577% |
| Operating profit (loss) | 9901 | -€5,010 | €888 | +€5,898 | |
| Financial charges | 65/66B | €153 | €171 | +€18 | +11.8% |
| Recurring financial charges | 65 | €153 | €171 | +€18 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,163 | €717 | +€5,880 | |
| Profit (loss) for the period | 9904 | -€5,163 | €717 | +€5,880 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,163 | €717 | +€5,880 |
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 20 October 2026 via checked.be.