Electro BM: 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.
Electro BM
Largest movements
- Receivables within one year -€3,351
down €3,351 (-7.2%), from €46,642 to €43,291
of which Trade receivables: -€2,543
- Tangible fixed assets -€1,520
down €1,520 (-33.3%), from €4,564 to €3,044
of which Plant, machinery and equipment: -€1,425
- Stocks and contracts -€750
down €750 (-7.1%), from €10,500 to €9,750
- Tax, wage and social debts -€3,314
down €3,314 (-50.7%), from €6,536 to €3,222
- Reserves -€2,594
down €2,594 (-7.6%), from €34,139 to €31,545
of which Distributable reserves: -€2,594
- Trade debts +€1,114
up €1,114 (+21.5%), from €5,190 to €6,303
- Gross operating margin -€6,274
down €6,274, from €3,057 to -€3,217
- Financial charges -€3,399
down €3,399 (-93.4%), from €3,639 to €240
- Financial income -€1,303
down €1,303 (-31.3%), from €4,165 to €2,862
- Other operating charges -€1,094
down €1,094 (-72.9%), from €1,500 to €407
- Depreciation -€285
down €285 (-15.8%), from €1,805 to €1,520
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,465 | €59,082 | -€5,382 | -8.3% |
| Fixed assets | 21/28 | €4,564 | €3,044 | -€1,520 | -33.3% |
| Tangible fixed assets | 22/27 | €4,564 | €3,044 | -€1,520 | -33.3% |
| Plant, machinery and equipment | 23 | €4,469 | €3,044 | -€1,425 | -31.9% |
| Furniture and vehicles | 24 | €95 | - | -€95 | |
| Current assets | 29/58 | €59,900 | €56,038 | -€3,862 | -6.4% |
| Stocks and contracts in progress | 3 | €10,500 | €9,750 | -€750 | -7.1% |
| Stocks | 30/36 | €10,500 | €9,750 | -€750 | -7.1% |
| Amounts receivable within one year | 40/41 | €46,642 | €43,291 | -€3,351 | -7.2% |
| Trade receivables | 40 | €5,549 | €3,006 | -€2,543 | -45.8% |
| Other amounts receivable | 41 | €41,093 | €40,285 | -€808 | -2.0% |
| Cash at bank and in hand | 54/58 | €13 | €617 | +€604 | +4,576% |
| Deferred charges and accrued income | 490/1 | €2,745 | €2,380 | -€365 | -13.3% |
| Total equity and liabilities | 10/49 | €64,465 | €59,082 | -€5,382 | -8.3% |
| Equity | 10/15 | €52,739 | €49,557 | -€3,182 | -6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €34,139 | €31,545 | -€2,594 | -7.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €32,279 | €29,685 | -€2,594 | -8.0% |
| Profit (loss) carried forward | 14 | - | -€588 | -€588 | |
| Amounts payable | 17/49 | €11,725 | €9,525 | -€2,200 | -18.8% |
| Amounts payable within one year | 42/48 | €11,725 | €9,525 | -€2,200 | -18.8% |
| Trade debts | 44 | €5,190 | €6,303 | +€1,114 | +21.5% |
| Suppliers | 440/4 | €5,190 | €6,303 | +€1,114 | +21.5% |
| Taxes, remuneration and social security | 45 | €6,536 | €3,222 | -€3,314 | -50.7% |
| Taxes | 450/3 | €6,536 | €3,222 | -€3,314 | -50.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,805 | €1,520 | -€285 | -15.8% |
| Other operating charges | 640/8 | €1,500 | €407 | -€1,094 | -72.9% |
| Non-recurring operating charges | 66A | - | €660 | +€660 | |
| Gross operating margin | 9900 | €3,057 | -€3,217 | -€6,274 | |
| Operating profit (loss) | 9901 | -€249 | -€5,804 | -€5,555 | -2,232% |
| Financial income | 75/76B | €4,165 | €2,862 | -€1,303 | -31.3% |
| Recurring financial income | 75 | €4,165 | €2,862 | -€1,303 | -31.3% |
| Financial charges | 65/66B | €3,639 | €240 | -€3,399 | -93.4% |
| Recurring financial charges | 65 | €3,639 | €240 | -€3,399 | -93.4% |
| Profit (loss) for the period before taxes | 9903 | €277 | -€3,182 | -€3,459 | |
| Income taxes | 67/77 | €8 | - | -€8 | |
| Profit (loss) for the period | 9904 | €269 | -€3,182 | -€3,451 | |
| Profit (loss) for the period to be appropriated | 9905 | €269 | -€3,182 | -€3,451 |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.