ELECTRO- RESISTANCE: 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- RESISTANCE
Largest movements
- Receivables within one year -€10,294
down €10,294 (-82.3%), from €12,503 to €2,209
of which Trade receivables: -€10,402
- Tangible fixed assets +€5,102
new in 2025: €5,102
- Financial fixed assets -€3,724
down €3,724 (-28.5%), from €13,074 to €9,350
- Profit (loss) carried forward -€20,567
down €20,567 (-46.1%), from -€44,631 to -€65,198
- Trade debts +€7,850
up €7,850 (+33.1%), from €23,710 to €31,560
- Other debts +€3,940
up €3,940 (+253%), from €1,558 to €5,498
- Gross operating margin -€16,247
down €16,247 (-554%), from -€2,931 to -€19,177
- Other operating charges -€804
down €804 (-75.9%), from €1,059 to €255
- Depreciation +€674
new in 2025: €674
- Financial income -€345
down €345 (-100.0%), from €345 to €0
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,577 | €16,661 | -€8,916 | -34.9% |
| Fixed assets | 21/28 | €13,074 | €14,452 | +€1,378 | +10.5% |
| Tangible fixed assets | 22/27 | - | €5,102 | +€5,102 | |
| Furniture and vehicles | 24 | - | €5,102 | +€5,102 | |
| Financial fixed assets | 28 | €13,074 | €9,350 | -€3,724 | -28.5% |
| Current assets | 29/58 | €12,503 | €2,209 | -€10,294 | -82.3% |
| Amounts receivable within one year | 40/41 | €12,503 | €2,209 | -€10,294 | -82.3% |
| Trade receivables | 40 | €11,241 | €840 | -€10,402 | -92.5% |
| Other amounts receivable | 41 | €1,262 | €1,370 | +€107 | +8.5% |
| Total equity and liabilities | 10/49 | €25,577 | €16,661 | -€8,916 | -34.9% |
| Equity | 10/15 | -€2,180 | -€22,746 | -€20,567 | -944% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €23,859 | €23,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,631 | -€65,198 | -€20,567 | -46.1% |
| Amounts payable | 17/49 | €27,757 | €39,407 | +€11,650 | +42.0% |
| Amounts payable within one year | 42/48 | €27,757 | €39,407 | +€11,650 | +42.0% |
| Financial debts | 43 | €2,489 | €2,349 | -€140 | -5.6% |
| Credit institutions | 430/8 | €2,489 | €2,349 | -€140 | -5.6% |
| Trade debts | 44 | €23,710 | €31,560 | +€7,850 | +33.1% |
| Suppliers | 440/4 | €23,710 | €31,560 | +€7,850 | +33.1% |
| Other amounts payable | 47/48 | €1,558 | €5,498 | +€3,940 | +253% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €674 | +€674 | |
| Other operating charges | 640/8 | €1,059 | €255 | -€804 | -75.9% |
| Gross operating margin | 9900 | -€2,931 | -€19,177 | -€16,247 | -554% |
| Operating profit (loss) | 9901 | -€3,990 | -€20,106 | -€16,116 | -404% |
| Financial income | 75/76B | €345 | €0 | -€345 | -100.0% |
| Recurring financial income | 75 | €345 | €0 | -€345 | -100.0% |
| Financial charges | 65/66B | €434 | €461 | +€27 | +6.2% |
| Recurring financial charges | 65 | €434 | €461 | +€27 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,079 | -€20,567 | -€16,488 | -404% |
| Profit (loss) for the period | 9904 | -€4,079 | -€20,567 | -€16,488 | -404% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,079 | -€20,567 | -€16,488 | -404% |
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 14 October 2026 via checked.be.