Electricité, Isolation, Chauffage: what changed
Electricité, Isolation, Chauffage
Largest movements
- Stocks and contracts +€178,594
up €178,594 (+592%), from €30,173 to €208,767
- Receivables within one year +€74,763
up €74,763 (+973%), from €7,684 to €82,447
of which Other amounts receivable: +€70,450
- Cash -€7,370
down €7,370 (-41.7%), from €17,684 to €10,314
mainly Stocks and contracts (-€178,594) and Receivables within one year (-€74,763)
- Advances received +€148,564
new in 2025: €148,564
- Trade debts +€37,939
up €37,939 (+86.0%), from €44,111 to €82,050
- Tax, wage and social debts +€33,351
up €33,351 (+153%), from €21,750 to €55,102
- Profit (loss) carried forward +€24,822
up €24,822, from -€6,079 to €18,742
- Gross operating margin +€105,966
up €105,966, from -€4,253 to €101,713
- Staff costs +€65,272
new in 2025: €65,272
- Taxes +€9,357
new in 2025: €9,357
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
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,781 | €305,458 | +€244,676 | +403% |
| Fixed assets | 21/28 | €5,240 | €3,930 | -€1,310 | -25.0% |
| Tangible fixed assets | 22/27 | €5,240 | €3,930 | -€1,310 | -25.0% |
| Furniture and vehicles | 24 | €5,240 | €3,930 | -€1,310 | -25.0% |
| Current assets | 29/58 | €55,541 | €301,528 | +€245,986 | +443% |
| Stocks and contracts in progress | 3 | €30,173 | €208,767 | +€178,594 | +592% |
| Stocks | 30/36 | €30,173 | €208,767 | +€178,594 | +592% |
| Amounts receivable within one year | 40/41 | €7,684 | €82,447 | +€74,763 | +973% |
| Trade receivables | 40 | €7,684 | €11,997 | +€4,313 | +56.1% |
| Other amounts receivable | 41 | - | €70,450 | +€70,450 | |
| Cash at bank and in hand | 54/58 | €17,684 | €10,314 | -€7,370 | -41.7% |
| Total equity and liabilities | 10/49 | €60,781 | €305,458 | +€244,676 | +403% |
| Equity | 10/15 | -€5,079 | €19,742 | +€24,822 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,079 | €18,742 | +€24,822 | |
| Amounts payable | 17/49 | €65,861 | €285,716 | +€219,855 | +334% |
| Amounts payable within one year | 42/48 | €65,861 | €285,716 | +€219,855 | +334% |
| Trade debts | 44 | €44,111 | €82,050 | +€37,939 | +86.0% |
| Suppliers | 440/4 | €44,111 | €82,050 | +€37,939 | +86.0% |
| Advances received on contracts in progress | 46 | - | €148,564 | +€148,564 | |
| Taxes, remuneration and social security | 45 | €21,750 | €55,102 | +€33,351 | +153% |
| Taxes | 450/3 | €21,750 | €55,102 | +€33,351 | +153% |
| Remuneration, social security and pensions | 62 | - | €65,272 | +€65,272 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,310 | €1,310 | = | 0.0% |
| Other operating charges | 640/8 | - | €195 | +€195 | |
| Gross operating margin | 9900 | -€4,253 | €101,713 | +€105,966 | |
| Operating profit (loss) | 9901 | -€5,563 | €34,936 | +€40,499 | |
| Financial charges | 65/66B | €517 | €758 | +€241 | +46.7% |
| Recurring financial charges | 65 | €517 | €758 | +€241 | +46.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,079 | €34,178 | +€40,258 | |
| Income taxes | 67/77 | - | €9,357 | +€9,357 | |
| Profit (loss) for the period | 9904 | -€6,079 | €24,822 | +€30,901 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,079 | €24,822 | +€30,901 |
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 8 November 2026 via checked.be.