Electro Buyle: what changed
Two fiscal 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 Buyle
Largest movements
- Receivables within one year +€47,628
up €47,628 (+82.8%), from €57,511 to €105,139
of which Trade receivables: +€40,626
- Tangible fixed assets -€12,796
down €12,796 (-4.0%), from €322,342 to €309,546
of which Furniture and vehicles: -€7,195
- Cash -€5,877
down €5,877 (-15.5%), from €37,893 to €32,015
mainly Receivables within one year (-€47,628) and Debts after one year (-€29,167)
- Stocks and contracts -€5,660
down €5,660 (-44.3%), from €12,765 to €7,105
of which Contracts in progress: -€4,871
- Debts after one year -€29,167
down €29,167 (-19.3%), from €151,181 to €122,013
- Reserves +€24,604
up €24,604 (+14.8%), from €165,916 to €190,520
of which Distributable reserves: +€28,042
- Tax, wage and social debts +€13,768
up €13,768 (+355.6%), from €3,872 to €17,640
of which Taxes: +€13,768
- Other debts +€13,051
up €13,051 (+95.5%), from €13,660 to €26,712
- Gross operating margin +€63,654
up €63,654 (+218.2%), from €29,171 to €92,826
- Taxes +€16,607
up €16,607 (+2227.4%), from €746 to €17,353
- Depreciation +€6,545
up €6,545 (+33.2%), from €19,703 to €26,248
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 | €433,675 | €458,956 | +€25,281 | +5.8% |
| Fixed assets | 21/28 | €322,842 | €310,046 | -€12,796 | -4.0% |
| Tangible fixed assets | 22/27 | €322,342 | €309,546 | -€12,796 | -4.0% |
| Land and buildings | 22 | €283,623 | €278,926 | -€4,697 | -1.7% |
| Plant, machinery and equipment | 23 | €454 | €5 | -€449 | -98.9% |
| Furniture and vehicles | 24 | €36,708 | €29,513 | -€7,195 | -19.6% |
| Other tangible fixed assets | 26 | €1,556 | €1,102 | -€455 | -29.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €110,833 | €148,910 | +€38,077 | +34.4% |
| Stocks and contracts in progress | 3 | €12,765 | €7,105 | -€5,660 | -44.3% |
| Stocks | 30/36 | €7,895 | €7,105 | -€789 | -10.0% |
| Contracts in progress | 37 | €4,871 | €0 | -€4,871 | -100.0% |
| Amounts receivable within one year | 40/41 | €57,511 | €105,139 | +€47,628 | +82.8% |
| Trade receivables | 40 | €48,642 | €89,267 | +€40,626 | +83.5% |
| Other amounts receivable | 41 | €8,869 | €15,872 | +€7,003 | +79.0% |
| Cash at bank and in hand | 54/58 | €37,893 | €32,015 | -€5,877 | -15.5% |
| Deferred charges and accrued income | 490/1 | €2,664 | €4,651 | +€1,986 | +74.6% |
| Total equity and liabilities | 10/49 | €433,675 | €458,956 | +€25,281 | +5.8% |
| Equity | 10/15 | €178,316 | €202,920 | +€24,604 | +13.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €165,916 | €190,520 | +€24,604 | +14.8% |
| Tax-exempt reserves | 132 | €53,182 | €49,743 | -€3,438 | -6.5% |
| Distributable reserves | 133 | €112,734 | €140,776 | +€28,042 | +24.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €13,295 | €12,436 | -€860 | -6.5% |
| Deferred taxes | 168 | €13,295 | €12,436 | -€860 | -6.5% |
| Amounts payable | 17/49 | €242,064 | €243,601 | +€1,537 | +0.6% |
| Amounts payable after more than one year | 17 | €151,181 | €122,013 | -€29,167 | -19.3% |
| Financial debts | 170/4 | €151,181 | €122,013 | -€29,167 | -19.3% |
| Amounts payable within one year | 42/48 | €88,984 | €120,298 | +€31,314 | +35.2% |
| Current portion of amounts payable after more than one year | 42 | €28,428 | €29,167 | +€739 | +2.6% |
| Trade debts | 44 | €43,024 | €46,779 | +€3,755 | +8.7% |
| Suppliers | 440/4 | €43,024 | €46,779 | +€3,755 | +8.7% |
| Taxes, remuneration and social security | 45 | €3,872 | €17,640 | +€13,768 | +355.6% |
| Taxes | 450/3 | €1,872 | €15,640 | +€13,768 | +735.5% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | -€0 | 0.0% |
| Other amounts payable | 47/48 | €13,660 | €26,712 | +€13,051 | +95.5% |
| Accrued charges and deferred income | 492/3 | €1,899 | €1,289 | -€610 | -32.1% |
| Non-recurring operating income | 76A | €7,494 | €0 | -€7,494 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,703 | €26,248 | +€6,545 | +33.2% |
| Other operating charges | 640/8 | €2,150 | €2,012 | -€138 | -6.4% |
| Non-recurring operating charges | 66A | €999 | €0 | -€999 | -100.0% |
| Gross operating margin | 9900 | €29,171 | €92,826 | +€63,654 | +218.2% |
| Operating profit (loss) | 9901 | €6,319 | €64,566 | +€58,247 | +921.8% |
| Financial income | 75/76B | €890 | €1,102 | +€212 | +23.8% |
| Recurring financial income | 75 | €890 | €1,102 | +€212 | +23.8% |
| Financial charges | 65/66B | €5,999 | €5,947 | -€53 | -0.9% |
| Recurring financial charges | 65 | €5,999 | €5,947 | -€53 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €1,210 | €59,721 | +€58,511 | +4837.4% |
| Transfer from deferred taxes | 780 | €673 | €860 | +€187 | +27.8% |
| Income taxes | 67/77 | €746 | €17,353 | +€16,607 | +2227.4% |
| Profit (loss) for the period | 9904 | €1,136 | €43,227 | +€42,091 | +3703.6% |
| Transfer from tax-exempt reserves | 789 | €2,690 | €3,438 | +€748 | +27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,827 | €46,666 | +€42,839 | +1119.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.