ELECTRIC DESIGN: 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.
ELECTRIC DESIGN
Largest movements
- Receivables within one year -€23,209
down €23,209 (-98.3%), from €23,617 to €408
of which Trade receivables: -€18,946
- Deferred charges and accrued income +€6,643
new in 2025: €6,643
- Receivables after one year +€5,617
new in 2025: €5,617
- Cash +€2,663
up €2,663 (+6141.6%), from €43 to €2,706
mainly Receivables within one year (+€23,209) and Other debts (+€7,041)
- Tax, wage and social debts -€12,493
down €12,493 (-72.0%), from €17,362 to €4,869
of which Taxes: -€8,388
- Other debts +€7,041
new in 2025: €7,041
- Profit (loss) carried forward -€5,164
down €5,164 (-24.2%), from -€21,329 to -€26,493
- Trade debts +€2,179
up €2,179 (+50.3%), from €4,328 to €6,507
- Gross operating margin +€11,450
up €11,450 (+73.5%), from -€15,577 to -€4,128
- Depreciation -€5,166
no longer reported in 2025 (was €5,166)
- Financial charges +€676
up €676 (+1155.8%), from €59 to €735
- Taxes +€500
new in 2025: €500
- Other operating charges -€399
down €399 (-75.8%), from €527 to €128
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 | €23,660 | €15,374 | -€8,286 | -35.0% |
| Current assets | 29/58 | €23,660 | €15,374 | -€8,286 | -35.0% |
| Amounts receivable after more than one year | 29 | - | €5,617 | +€5,617 | |
| Other amounts receivable | 291 | - | €5,617 | +€5,617 | |
| Amounts receivable within one year | 40/41 | €23,617 | €408 | -€23,209 | -98.3% |
| Trade receivables | 40 | €19,071 | €125 | -€18,946 | -99.3% |
| Other amounts receivable | 41 | €4,546 | €283 | -€4,263 | -93.8% |
| Cash at bank and in hand | 54/58 | €43 | €2,706 | +€2,663 | +6141.6% |
| Deferred charges and accrued income | 490/1 | - | €6,643 | +€6,643 | |
| Total equity and liabilities | 10/49 | €23,660 | €15,374 | -€8,286 | -35.0% |
| Equity | 10/15 | €1,970 | -€3,194 | -€5,164 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €20,299 | €20,299 | = | 0.0% |
| Distributable reserves | 133 | €20,299 | €20,299 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,329 | -€26,493 | -€5,164 | -24.2% |
| Amounts payable | 17/49 | €21,691 | €18,569 | -€3,122 | -14.4% |
| Amounts payable within one year | 42/48 | €21,691 | €18,569 | -€3,122 | -14.4% |
| Trade debts | 44 | €4,328 | €6,507 | +€2,179 | +50.3% |
| Suppliers | 440/4 | €4,328 | €6,507 | +€2,179 | +50.3% |
| Advances received on contracts in progress | 46 | - | €151 | +€151 | |
| Taxes, remuneration and social security | 45 | €17,362 | €4,869 | -€12,493 | -72.0% |
| Taxes | 450/3 | €13,257 | €4,869 | -€8,388 | -63.3% |
| Remuneration and social security | 454/9 | €4,105 | - | -€4,105 | |
| Other amounts payable | 47/48 | - | €7,041 | +€7,041 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,166 | - | -€5,166 | |
| Other operating charges | 640/8 | €527 | €128 | -€399 | -75.8% |
| Gross operating margin | 9900 | -€15,577 | -€4,128 | +€11,450 | +73.5% |
| Operating profit (loss) | 9901 | -€21,271 | -€4,256 | +€17,015 | +80.0% |
| Financial income | 75/76B | - | €326 | +€326 | |
| Recurring financial income | 75 | - | €326 | +€326 | |
| Financial charges | 65/66B | €59 | €735 | +€676 | +1155.8% |
| Recurring financial charges | 65 | €59 | €735 | +€676 | +1155.8% |
| Profit (loss) for the period before taxes | 9903 | -€21,329 | -€4,664 | +€16,665 | +78.1% |
| Income taxes | 67/77 | - | €500 | +€500 | |
| Profit (loss) for the period | 9904 | -€21,329 | -€5,164 | +€16,165 | +75.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,329 | -€5,164 | +€16,165 | +75.8% |
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 10 October 2026 via checked.be.