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ELECTRO - PEROU: 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.

What changed

ELECTRO - PEROU

BE 0444.089.655
NACE 47.540, Retail sale of electrical household appliances
fiscal year 2023 against 2025not consecutivefiled annual accounts (NBB)
Net result for the year
€11,764
2023 · €1,807+€9,957
Equity
€128,562
2023 · €123,638+€4,924
Cash
€18,235
2023 · €13,937+€4,298
Balance sheet total
€369,575
2023 · €424,600-€55,025

Largest movements

2023 to 2025
Assets
  • Stocks and contracts -€34,207

    down €34,207 (-29.5%), from €115,937 to €81,730

  • Tangible fixed assets -€30,088

    down €30,088 (-12.1%), from €249,023 to €218,935

    of which Land and buildings: -€17,194

  • Cash +€4,298

    up €4,298 (+30.8%), from €13,937 to €18,235

Equity and liabilities
  • Debts after one year -€37,503

    down €37,503 (-23.0%), from €162,705 to €125,203

  • Trade debts -€20,582

    down €20,582 (-25.7%), from €80,073 to €59,490

  • Reserves +€11,764

    up €11,764 (+26.7%), from €44,087 to €55,851

    of which Distributable reserves: +€11,764

  • Profit (loss) carried forward -€6,840

    down €6,840 (-12.5%), from €54,551 to €47,711

  • Current portion of long-term debt -€5,834

    down €5,834 (-26.9%), from €21,690 to €15,856

Income statement
  • Gross operating margin -€147,155

    down €147,155 (-53.8%), from €273,588 to €126,433

  • Staff costs -€140,497

    down €140,497 (-63.6%), from €220,996 to €80,499

  • Depreciation -€14,595

    down €14,595 (-49.9%), from €29,218 to €14,624

  • Financial charges -€6,985

    down €6,985 (-48.5%), from €14,403 to €7,418

  • Other operating charges -€3,088

    down €3,088 (-55.1%), from €5,603 to €2,515

From the 2023 result to the 2025 result

effect on the 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.

Result 2023 €1,807
Gross operating margin -€147,155
Staff costs +€140,497
Depreciation +€14,595
Other operating charges +€3,088
Other operating items -€5,295
Financial income -€16
Financial charges +€6,985
Taxes -€2,741
Result 2025 €11,764

Cash bridge derived

cash 2023 to 2025

A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.

Every line side by side 52 lines
Line Code 2023 2025 Change %
Total assets 20/58 €424,600 €369,575 -€55,025 -13.0%
Fixed assets 21/28 €249,971 €220,383 -€29,588 -11.8%
Tangible fixed assets 22/27 €249,023 €218,935 -€30,088 -12.1%
Land and buildings 22 €235,633 €218,440 -€17,194 -7.3%
Plant, machinery and equipment 23 €1,218 €418 -€799 -65.6%
Furniture and vehicles 24 €12,172 €76 -€12,095 -99.4%
Financial fixed assets 28 €948 €1,448 +€500 +52.7%
Current assets 29/58 €174,630 €149,192 -€25,437 -14.6%
Stocks and contracts in progress 3 €115,937 €81,730 -€34,207 -29.5%
Stocks 30/36 €115,937 €81,730 -€34,207 -29.5%
Amounts receivable within one year 40/41 €42,516 €45,766 +€3,250 +7.6%
Trade receivables 40 €42,447 €45,613 +€3,166 +7.5%
Other amounts receivable 41 €68 €152 +€84 +122.6%
Cash at bank and in hand 54/58 €13,937 €18,235 +€4,298 +30.8%
Deferred charges and accrued income 490/1 €2,240 €3,462 +€1,222 +54.6%
Total equity and liabilities 10/49 €424,600 €369,575 -€55,025 -13.0%
Equity 10/15 €123,638 €128,562 +€4,924 +4.0%
Contributions 10/11 €25,000 €25,000 = 0.0%
Reserves 13 €44,087 €55,851 +€11,764 +26.7%
Non-distributable reserves 130/1 €2,500 €2,500 = 0.0%
Reserves not available under the articles 1311 €2,500 €2,500 = 0.0%
Distributable reserves 133 €41,587 €53,351 +€11,764 +28.3%
Profit (loss) carried forward 14 €54,551 €47,711 -€6,840 -12.5%
Amounts payable 17/49 €300,962 €241,013 -€59,949 -19.9%
Amounts payable after more than one year 17 €162,705 €125,203 -€37,503 -23.0%
Financial debts 170/4 €162,705 €125,203 -€37,503 -23.0%
Amounts payable within one year 42/48 €138,257 €115,811 -€22,446 -16.2%
Current portion of amounts payable after more than one year 42 €21,690 €15,856 -€5,834 -26.9%
Financial debts 43 - €0 =
Credit institutions 430/8 - €0 =
Other loans 439 - €0 =
Trade debts 44 €80,073 €59,490 -€20,582 -25.7%
Suppliers 440/4 €80,073 €59,490 -€20,582 -25.7%
Taxes, remuneration and social security 45 €13,710 €18,072 +€4,362 +31.8%
Taxes 450/3 €4,202 €7,018 +€2,816 +67.0%
Remuneration and social security 454/9 €9,508 €11,054 +€1,546 +16.3%
Other amounts payable 47/48 €22,784 €22,392 -€392 -1.7%
Accrued charges and deferred income 492/3 €0 - =
Remuneration, social security and pensions 62 €220,996 €80,499 -€140,497 -63.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €29,218 €14,624 -€14,595 -49.9%
Other operating charges 640/8 €5,603 €2,515 -€3,088 -55.1%
Non-recurring operating charges 66A - €5,295 +€5,295
Gross operating margin 9900 €273,588 €126,433 -€147,155 -53.8%
Operating profit (loss) 9901 €17,771 €23,500 +€5,729 +32.2%
Financial income 75/76B €16 - -€16
Recurring financial income 75 €16 - -€16
Financial charges 65/66B €14,403 €7,418 -€6,985 -48.5%
Recurring financial charges 65 €14,403 €7,418 -€6,985 -48.5%
Profit (loss) for the period before taxes 9903 €3,384 €16,082 +€12,698 +375.3%
Income taxes 67/77 €1,577 €4,318 +€2,741 +173.8%
Profit (loss) for the period 9904 €1,807 €11,764 +€9,957 +551.1%
Profit (loss) for the period to be appropriated 9905 €1,807 €11,764 +€9,957 +551.1%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.