BV-ELEKTRO: 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.
BV-ELEKTRO
Largest movements
- Receivables within one year -€10,835
down €10,835 (-12.2%), from €88,952 to €78,117
of which Trade receivables: -€11,880
- Tangible fixed assets +€7,413
up €7,413 (+117%), from €6,334 to €13,747
of which Furniture and vehicles: +€10,675
- Cash -€1,543
down €1,543 (-6.4%), from €24,242 to €22,699
mainly Investment in fixed assets (net) (-€12,196) and Trade debts (-€9,657)
- Trade debts -€9,657
down €9,657 (-70.1%), from €13,778 to €4,121
- Reserves +€2,905
up €2,905 (+3.2%), from €91,614 to €94,519
- Tax, wage and social debts +€1,615
up €1,615 (+22.0%), from €7,344 to €8,959
- Gross operating margin -€17,136
down €17,136 (-55.9%), from €30,638 to €13,502
- Taxes -€3,659
down €3,659 (-66.0%), from €5,546 to €1,887
- Financial charges +€1,127
up €1,127 (+74.4%), from €1,515 to €2,642
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 | €120,592 | €116,092 | -€4,499 | -3.7% |
| Fixed assets | 21/28 | €6,334 | €13,747 | +€7,413 | +117% |
| Tangible fixed assets | 22/27 | €6,334 | €13,747 | +€7,413 | +117% |
| Plant, machinery and equipment | 23 | €6,334 | €3,072 | -€3,262 | -51.5% |
| Furniture and vehicles | 24 | - | €10,675 | +€10,675 | |
| Current assets | 29/58 | €114,257 | €102,345 | -€11,912 | -10.4% |
| Amounts receivable within one year | 40/41 | €88,952 | €78,117 | -€10,835 | -12.2% |
| Trade receivables | 40 | €85,418 | €73,538 | -€11,880 | -13.9% |
| Other amounts receivable | 41 | €3,534 | €4,578 | +€1,045 | +29.6% |
| Cash at bank and in hand | 54/58 | €24,242 | €22,699 | -€1,543 | -6.4% |
| Deferred charges and accrued income | 490/1 | €1,064 | €1,530 | +€466 | +43.8% |
| Total equity and liabilities | 10/49 | €120,592 | €116,092 | -€4,499 | -3.7% |
| Equity | 10/15 | €93,614 | €96,519 | +€2,905 | +3.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €91,614 | €94,519 | +€2,905 | +3.2% |
| Distributable reserves | 133 | €91,614 | €94,519 | +€2,905 | +3.2% |
| Amounts payable | 17/49 | €26,978 | €19,574 | -€7,404 | -27.4% |
| Amounts payable within one year | 42/48 | €26,978 | €19,574 | -€7,404 | -27.4% |
| Trade debts | 44 | €13,778 | €4,121 | -€9,657 | -70.1% |
| Suppliers | 440/4 | €13,778 | €4,121 | -€9,657 | -70.1% |
| Taxes, remuneration and social security | 45 | €7,344 | €8,959 | +€1,615 | +22.0% |
| Taxes | 450/3 | €7,344 | €8,959 | +€1,615 | +22.0% |
| Other amounts payable | 47/48 | €5,856 | €6,494 | +€638 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,542 | €4,784 | +€242 | +5.3% |
| Other operating charges | 640/8 | €513 | €462 | -€52 | -10.1% |
| Gross operating margin | 9900 | €30,638 | €13,502 | -€17,136 | -55.9% |
| Operating profit (loss) | 9901 | €25,582 | €8,256 | -€17,326 | -67.7% |
| Financial income | 75/76B | €143 | €10 | -€133 | -92.7% |
| Recurring financial income | 75 | €143 | €10 | -€133 | -92.7% |
| Financial charges | 65/66B | €1,515 | €2,642 | +€1,127 | +74.4% |
| Recurring financial charges | 65 | €1,515 | €2,642 | +€1,127 | +74.4% |
| Profit (loss) for the period before taxes | 9903 | €24,210 | €5,625 | -€18,585 | -76.8% |
| Income taxes | 67/77 | €5,546 | €1,887 | -€3,659 | -66.0% |
| Profit (loss) for the period | 9904 | €18,664 | €3,738 | -€14,927 | -80.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,664 | €3,738 | -€14,927 | -80.0% |
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.