Electric Solutions Tobback: 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 Solutions Tobback
Largest movements
- Cash -€34,876
down €34,876 (-67.0%), from €52,020 to €17,144
mainly Contributions, distributions and other (-€43,000) and Trade debts (-€30,272)
- Receivables within one year +€20,184
up €20,184 (+69.4%), from €29,082 to €49,266
of which Trade receivables: +€17,178
- Stocks and contracts -€12,768
down €12,768 (-29.9%), from €42,713 to €29,945
of which Contracts in progress: -€16,197
- Profit (loss) carried forward -€43,357
down €43,357 (-99.1%), from €43,742 to €385
- Other debts +€37,782
up €37,782 (+2,806%), from €1,346 to €39,128
- Trade debts -€30,272
down €30,272 (-52.5%), from €57,619 to €27,347
- Short-term financial debts +€6,046
up €6,046 (+48.3%), from €12,517 to €18,563
- Tax, wage and social debts +€1,919
up €1,919 (+35.4%), from €5,428 to €7,346
- Gross operating margin -€11,287
down €11,287 (-54.8%), from €20,578 to €9,291
- Financial charges +€1,855
up €1,855 (+60.6%), from €3,060 to €4,915
- Taxes -€1,468
down €1,468 (-30.8%), from €4,768 to €3,300
- Other operating charges +€483
up €483 (+46.3%), from €1,042 to €1,524
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 | €125,838 | €97,769 | -€28,069 | -22.3% |
| Current assets | 29/58 | €125,838 | €97,769 | -€28,069 | -22.3% |
| Stocks and contracts in progress | 3 | €42,713 | €29,945 | -€12,768 | -29.9% |
| Stocks | 30/36 | €21,910 | €25,339 | +€3,429 | +15.6% |
| Contracts in progress | 37 | €20,802 | €4,606 | -€16,197 | -77.9% |
| Amounts receivable within one year | 40/41 | €29,082 | €49,266 | +€20,184 | +69.4% |
| Trade receivables | 40 | €22,656 | €39,834 | +€17,178 | +75.8% |
| Other amounts receivable | 41 | €6,426 | €9,432 | +€3,007 | +46.8% |
| Cash at bank and in hand | 54/58 | €52,020 | €17,144 | -€34,876 | -67.0% |
| Deferred charges and accrued income | 490/1 | €2,023 | €1,414 | -€609 | -30.1% |
| Total equity and liabilities | 10/49 | €125,838 | €97,769 | -€28,069 | -22.3% |
| Equity | 10/15 | €48,742 | €5,385 | -€43,357 | -89.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,742 | €385 | -€43,357 | -99.1% |
| Amounts payable | 17/49 | €77,096 | €92,385 | +€15,289 | +19.8% |
| Amounts payable within one year | 42/48 | €76,910 | €92,385 | +€15,475 | +20.1% |
| Financial debts | 43 | €12,517 | €18,563 | +€6,046 | +48.3% |
| Credit institutions | 430/8 | €12,517 | €18,563 | +€6,046 | +48.3% |
| Trade debts | 44 | €57,619 | €27,347 | -€30,272 | -52.5% |
| Suppliers | 440/4 | €57,619 | €27,347 | -€30,272 | -52.5% |
| Taxes, remuneration and social security | 45 | €5,428 | €7,346 | +€1,919 | +35.4% |
| Taxes | 450/3 | €5,428 | €7,346 | +€1,919 | +35.4% |
| Other amounts payable | 47/48 | €1,346 | €39,128 | +€37,782 | +2,806% |
| Accrued charges and deferred income | 492/3 | €186 | - | -€186 | |
| Non-recurring operating income | 76A | - | €9,884 | +€9,884 | |
| Other operating charges | 640/8 | €1,042 | €1,524 | +€483 | +46.3% |
| Gross operating margin | 9900 | €20,578 | €9,291 | -€11,287 | -54.8% |
| Operating profit (loss) | 9901 | €19,536 | €7,767 | -€11,769 | -60.2% |
| Financial income | 75/76B | €6 | €91 | +€85 | +1,408% |
| Recurring financial income | 75 | €6 | €91 | +€85 | +1,408% |
| Financial charges | 65/66B | €3,060 | €4,915 | +€1,855 | +60.6% |
| Recurring financial charges | 65 | €3,060 | €4,915 | +€1,855 | +60.6% |
| Profit (loss) for the period before taxes | 9903 | €16,482 | €2,942 | -€13,540 | -82.1% |
| Income taxes | 67/77 | €4,768 | €3,300 | -€1,468 | -30.8% |
| Profit (loss) for the period | 9904 | €11,715 | -€357 | -€12,072 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,715 | -€357 | -€12,072 |
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 19 October 2026 via checked.be.