BSP 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.
BSP Electricité
Largest movements
- Receivables within one year -€278,498
down €278,498 (-26.3%), from €1.1m to €779,744
of which Trade receivables: -€215,038
- Stocks and contracts -€120,084
down €120,084 (-48.8%), from €246,084 to €126,000
of which Stocks: -€141,084
- Tangible fixed assets -€33,142
down €33,142 (-52.2%), from €63,475 to €30,333
of which Plant, machinery and equipment: -€18,445
- Intangible fixed assets -€30,970
down €30,970 (-16.8%), from €183,931 to €152,961
- Trade debts -€151,445
down €151,445 (-23.0%), from €657,361 to €505,916
- Short-term financial debts -€100,000
down €100,000 (-33.3%), from €300,000 to €200,000
- Debts after one year -€83,108
down €83,108 (-49.5%), from €167,855 to €84,746
- Tax, wage and social debts -€63,003
down €63,003 (-54.5%), from €115,702 to €52,699
of which Taxes: -€54,065
- Profit (loss) carried forward -€46,672
down €46,672, from €16,766 to -€29,906
- Purchases and services +€468,691
up €468,691 (+20.5%), from €2.3m to €2.8m
- Gross operating margin -€198,546
down €198,546 (-25.5%), from €778,253 to €579,708
- Staff costs -€128,006
down €128,006 (-19.6%), from €653,970 to €525,964
- Depreciation -€8,057
down €8,057 (-10.8%), from €74,345 to €66,288
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 | €1,647,739 | €1,192,405 | -€455,334 | -27.6% |
| Fixed assets | 21/28 | €252,710 | €189,436 | -€63,274 | -25.0% |
| Intangible fixed assets | 21 | €183,931 | €152,961 | -€30,970 | -16.8% |
| Tangible fixed assets | 22/27 | €63,475 | €30,333 | -€33,142 | -52.2% |
| Land and buildings | 22 | €12,528 | €11,241 | -€1,287 | -10.3% |
| Plant, machinery and equipment | 23 | €25,532 | €7,086 | -€18,445 | -72.2% |
| Furniture and vehicles | 24 | €25,416 | €12,006 | -€13,410 | -52.8% |
| Financial fixed assets | 28 | €5,303 | €6,142 | +€839 | +15.8% |
| Current assets | 29/58 | €1,395,030 | €1,002,969 | -€392,061 | -28.1% |
| Amounts receivable after more than one year | 29 | €363 | €363 | = | 0.0% |
| Trade receivables | 290 | €363 | €363 | = | 0.0% |
| Stocks and contracts in progress | 3 | €246,084 | €126,000 | -€120,084 | -48.8% |
| Stocks | 30/36 | €246,084 | €105,000 | -€141,084 | -57.3% |
| Contracts in progress | 37 | - | €21,000 | +€21,000 | |
| Amounts receivable within one year | 40/41 | €1,058,242 | €779,744 | -€278,498 | -26.3% |
| Trade receivables | 40 | €894,090 | €679,052 | -€215,038 | -24.1% |
| Other amounts receivable | 41 | €164,152 | €100,693 | -€63,460 | -38.7% |
| Cash at bank and in hand | 54/58 | €78,901 | €80,223 | +€1,321 | +1.7% |
| Deferred charges and accrued income | 490/1 | €11,439 | €16,639 | +€5,200 | +45.5% |
| Total equity and liabilities | 10/49 | €1,647,739 | €1,192,405 | -€455,334 | -27.6% |
| Equity | 10/15 | €312,607 | €265,935 | -€46,672 | -14.9% |
| Contributions | 10/11 | €206,000 | €206,000 | = | 0.0% |
| Capital | 10 | €206,000 | €206,000 | = | 0.0% |
| Issued capital | 100 | €206,000 | €206,000 | = | 0.0% |
| Reserves | 13 | €89,841 | €89,841 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €83,641 | €83,641 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,766 | -€29,906 | -€46,672 | |
| Amounts payable | 17/49 | €1,335,132 | €926,470 | -€408,662 | -30.6% |
| Amounts payable after more than one year | 17 | €167,855 | €84,746 | -€83,108 | -49.5% |
| Financial debts | 170/4 | €167,855 | €84,746 | -€83,108 | -49.5% |
| Amounts payable within one year | 42/48 | €1,167,278 | €841,724 | -€325,554 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €94,215 | €83,108 | -€11,107 | -11.8% |
| Financial debts | 43 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Credit institutions | 430/8 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Trade debts | 44 | €657,361 | €505,916 | -€151,445 | -23.0% |
| Suppliers | 440/4 | €657,361 | €505,916 | -€151,445 | -23.0% |
| Taxes, remuneration and social security | 45 | €115,702 | €52,699 | -€63,003 | -54.5% |
| Taxes | 450/3 | €61,399 | €7,334 | -€54,065 | -88.1% |
| Remuneration and social security | 454/9 | €54,302 | €45,365 | -€8,938 | -16.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,284,080 | €2,752,771 | +€468,691 | +20.5% |
| Remuneration, social security and pensions | 62 | €653,970 | €525,964 | -€128,006 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,345 | €66,288 | -€8,057 | -10.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,945 | €2,945 | = | 0.0% |
| Other operating charges | 640/8 | €737 | €8,171 | +€7,433 | +1008.4% |
| Gross operating margin | 9900 | €778,253 | €579,708 | -€198,546 | -25.5% |
| Operating profit (loss) | 9901 | €46,256 | -€23,660 | -€69,917 | |
| Financial income | 75/76B | €621 | €24 | -€597 | -96.2% |
| Recurring financial income | 75 | €621 | €24 | -€597 | -96.2% |
| Financial charges | 65/66B | €30,111 | €22,968 | -€7,144 | -23.7% |
| Recurring financial charges | 65 | €30,111 | €22,968 | -€7,144 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €16,766 | -€46,604 | -€63,370 | |
| Income taxes | 67/77 | - | €68 | +€68 | |
| Profit (loss) for the period | 9904 | €16,766 | -€46,672 | -€63,439 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,766 | -€46,672 | -€63,439 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.