Electric & Power Solutions: what changed
Electric & Power Solutions
Largest movements
- Receivables within one year +€14,063
up €14,063 (+17.1%), from €82,427 to €96,491
of which Other amounts receivable: +€16,872
- Tangible fixed assets -€1,079
down €1,079 (-55.9%), from €1,930 to €851
- Reserves +€16,367
up €16,367 (+33.3%), from €49,202 to €65,569
of which Distributable reserves: +€16,367
- Tax, wage and social debts -€7,864
down €7,864 (-32.1%), from €24,498 to €16,634
- Other debts +€2,560
up €2,560 (+45.1%), from €5,680 to €8,240
- Trade debts +€2,375
up €2,375 (+61.5%), from €3,860 to €6,235
- Gross operating margin +€3,312
up €3,312 (+12.1%), from €27,402 to €30,714
- Financial charges +€1,753
up €1,753 (+369%), from €474 to €2,227
- Other operating charges +€1,177
up €1,177 (+238%), from €494 to €1,671
- Financial income +€641
up €641 (+15.2%), from €4,220 to €4,860
- Taxes -€574
down €574 (-7.2%), from €8,004 to €7,430
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,542 | €103,525 | +€13,983 | +15.6% |
| Fixed assets | 21/28 | €1,931 | €852 | -€1,079 | -55.9% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,930 | €851 | -€1,079 | -55.9% |
| Furniture and vehicles | 24 | €1,930 | €851 | -€1,079 | -55.9% |
| Current assets | 29/58 | €87,612 | €102,673 | +€15,062 | +17.2% |
| Stocks and contracts in progress | 3 | €469 | €469 | = | 0.0% |
| Stocks | 30/36 | €469 | €469 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €82,427 | €96,491 | +€14,063 | +17.1% |
| Trade receivables | 40 | €2,809 | - | -€2,809 | |
| Other amounts receivable | 41 | €79,619 | €96,491 | +€16,872 | +21.2% |
| Deferred charges and accrued income | 490/1 | €4,715 | €5,713 | +€998 | +21.2% |
| Total equity and liabilities | 10/49 | €89,542 | €103,525 | +€13,983 | +15.6% |
| Equity | 10/15 | €55,402 | €71,769 | +€16,367 | +29.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €49,202 | €65,569 | +€16,367 | +33.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €47,342 | €63,709 | +€16,367 | +34.6% |
| Amounts payable | 17/49 | €34,141 | €31,756 | -€2,384 | -7.0% |
| Amounts payable within one year | 42/48 | €34,141 | €31,756 | -€2,384 | -7.0% |
| Financial debts | 43 | €103 | €648 | +€545 | +529% |
| Credit institutions | 430/8 | €103 | €648 | +€545 | +529% |
| Trade debts | 44 | €3,860 | €6,235 | +€2,375 | +61.5% |
| Suppliers | 440/4 | €3,860 | €6,235 | +€2,375 | +61.5% |
| Taxes, remuneration and social security | 45 | €24,498 | €16,634 | -€7,864 | -32.1% |
| Taxes | 450/3 | €24,498 | €16,634 | -€7,864 | -32.1% |
| Other amounts payable | 47/48 | €5,680 | €8,240 | +€2,560 | +45.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,079 | €1,079 | = | 0.0% |
| Other operating charges | 640/8 | €494 | €1,671 | +€1,177 | +238% |
| Gross operating margin | 9900 | €27,402 | €30,714 | +€3,312 | +12.1% |
| Operating profit (loss) | 9901 | €25,829 | €27,964 | +€2,135 | +8.3% |
| Financial income | 75/76B | €4,220 | €4,860 | +€641 | +15.2% |
| Recurring financial income | 75 | €4,220 | €4,860 | +€641 | +15.2% |
| Financial charges | 65/66B | €474 | €2,227 | +€1,753 | +369% |
| Recurring financial charges | 65 | €474 | €2,227 | +€1,753 | +369% |
| Profit (loss) for the period before taxes | 9903 | €29,575 | €30,597 | +€1,022 | +3.5% |
| Income taxes | 67/77 | €8,004 | €7,430 | -€574 | -7.2% |
| Profit (loss) for the period | 9904 | €21,571 | €23,167 | +€1,596 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,571 | €23,167 | +€1,596 | +7.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.