ELECTRO RETAIL GROUP: 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.
What changed
ELECTRO RETAIL GROUP
NACE 46.431, Wholesale of electrical household appliances and audio-video equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€81,672
2024 · €17,646+€64,026
Equity
€762,041
2024 · €685,945+€76,096
Cash
€1.6m
2024 · €1.4m+€161,110
Balance sheet total
€6.6m
2024 · €7.7m-€1.1m
Largest movements
Assets
- Receivables within one year -€1.3m
down €1.3m (-20.1%), from €6.3m to €5.0m
of which Trade receivables: -€732,942
- Cash +€161,110
up €161,110 (+11.2%), from €1.4m to €1.6m
mainly Receivables within one year (+€1.3m) and Net result for the year (+€81,672)
Equity and liabilities
- Trade debts -€1.2m
down €1.2m (-17.0%), from €7.0m to €5.8m
- Profit (loss) carried forward +€81,672
up €81,672 (+64.9%), from -€125,916 to -€44,243
Income statement
- Goods and materials -€4.6m
down €4.6m (-6.4%), from €71.3m to €66.7m
- Turnover -€4.3m
down €4.3m (-5.7%), from €75.4m to €71.1m
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.
Result 2024
€17,646
Turnover
-€4.3m
Other operating income
+€2,681
Goods and materials
+€4.6m
Services and other goods
-€107,693
Staff costs
-€90,426
Other operating charges
-€1,414
Financial income
-€7,627
Financial charges
+€16,799
Taxes
-€11,204
Result 2025
€81,672
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€166,686
Investment
€0
Financing
-€5,576
Cash 2024
€1.4m
From operations (derived)
+€166,686
Net result for the year
+€81,672
Receivables within one year
+€1.3m
Deferred charges and accrued income
-€196
Trade debts
-€1.2m
Tax, wage and social debts
+€14,842
Financing
-€5,576
Contributions, distributions and other
-€5,576
Cash 2025
€1.6m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,732,454 | €6,628,400 | -€1.1m | -14.3% |
| Current assets | 29/58 | €7,732,454 | €6,628,400 | -€1.1m | -14.3% |
| Amounts receivable within one year | 40/41 | €6,296,104 | €5,030,744 | -€1.3m | -20.1% |
| Trade receivables | 40 | €5,309,179 | €4,576,237 | -€732,942 | -13.8% |
| Other amounts receivable | 41 | €986,925 | €454,507 | -€532,418 | -53.9% |
| Cash at bank and in hand | 54/58 | €1,434,151 | €1,595,261 | +€161,110 | +11.2% |
| Deferred charges and accrued income | 490/1 | €2,199 | €2,395 | +€196 | +8.9% |
| Total equity and liabilities | 10/49 | €7,732,454 | €6,628,400 | -€1.1m | -14.3% |
| Equity | 10/15 | €685,945 | €762,041 | +€76,096 | +11.1% |
| Contributions | 10/11 | €221,244 | €215,667 | -€5,576 | -2.5% |
| Reserves | 13 | €590,617 | €590,617 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,617 | €15,617 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,617 | €15,617 | = | 0.0% |
| Distributable reserves | 133 | €575,000 | €575,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,916 | -€44,243 | +€81,672 | +64.9% |
| Amounts payable | 17/49 | €7,046,509 | €5,866,358 | -€1.2m | -16.7% |
| Amounts payable within one year | 42/48 | €7,046,509 | €5,866,358 | -€1.2m | -16.7% |
| Trade debts | 44 | €7,014,996 | €5,820,003 | -€1.2m | -17.0% |
| Suppliers | 440/4 | €7,014,996 | €5,820,003 | -€1.2m | -17.0% |
| Taxes, remuneration and social security | 45 | €31,513 | €46,355 | +€14,842 | +47.1% |
| Taxes | 450/3 | €463 | €11,939 | +€11,475 | +2,476% |
| Remuneration and social security | 454/9 | €31,050 | €34,417 | +€3,367 | +10.8% |
| Operating income | 70/76A | €76,067,626 | €71,753,003 | -€4.3m | -5.7% |
| Turnover | 70 | €75,426,001 | €71,108,697 | -€4.3m | -5.7% |
| Other operating income | 74 | €641,625 | €644,305 | +€2,681 | +0.4% |
| Operating charges | 60/66A | €76,031,924 | €71,651,243 | -€4.4m | -5.8% |
| Goods for resale, raw materials and consumables | 60 | €71,305,019 | €66,724,806 | -€4.6m | -6.4% |
| Purchases | 600/8 | €71,305,019 | €66,724,806 | -€4.6m | -6.4% |
| Services and other goods | 61 | €4,282,596 | €4,390,289 | +€107,693 | +2.5% |
| Remuneration, social security and pensions | 62 | €443,152 | €533,577 | +€90,426 | +20.4% |
| Other operating charges | 640/8 | €1,157 | €2,571 | +€1,414 | +122% |
| Operating profit (loss) | 9901 | €35,702 | €101,759 | +€66,058 | +185% |
| Financial income | 75/76B | €7,676 | €49 | -€7,627 | -99.4% |
| Recurring financial income | 75 | €7,676 | €49 | -€7,627 | -99.4% |
| Income from current assets | 751 | €7,379 | - | -€7,379 | |
| Other financial income | 752/9 | €297 | €49 | -€248 | -83.5% |
| Financial charges | 65/66B | €25,268 | €8,469 | -€16,799 | -66.5% |
| Recurring financial charges | 65 | €25,268 | €8,469 | -€16,799 | -66.5% |
| Debt charges | 650 | €16,706 | - | -€16,706 | |
| Other financial charges | 652/9 | €8,563 | €8,469 | -€94 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €18,110 | €93,339 | +€75,230 | +415% |
| Income taxes | 67/77 | €463 | €11,667 | +€11,204 | +2,418% |
| Taxes | 670/3 | €463 | €11,667 | +€11,204 | +2,418% |
| Profit (loss) for the period | 9904 | €17,646 | €81,672 | +€64,026 | +363% |
| Profit (loss) for the period to be appropriated | 9905 | €17,646 | €81,672 | +€64,026 | +363% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.