ELECTRO SERVICE: 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 SERVICE
NACE 47.540, Retail sale of electrical household appliances
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€26,642
2024 · €73,491-€100,132
Equity
-€24,837
2024 · €1,805-€26,642
Cash
€867
2024 · €40+€827
Balance sheet total
€234,860
2024 · €267,488-€32,628
Largest movements
Assets
- Receivables within one year -€37,223
down €37,223 (-15.6%), from €239,353 to €202,130
of which Other amounts receivable: -€43,205
Equity and liabilities
- Profit (loss) carried forward -€26,642
down €26,642 (-8.2%), from -€326,262 to -€352,903
- Tax, wage and social debts -€4,302
down €4,302 (-93.0%), from €4,626 to €323
Income statement
- Gross operating margin -€83,404
down €83,404 (-99.3%), from €83,952 to €547
- Other operating charges +€15,493
up €15,493 (+640.2%), from €2,420 to €17,913
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
€73,491
Gross operating margin
-€83,404
Depreciation
-€442
Other operating charges
-€15,493
Financial income
-€210
Financial charges
-€497
Taxes
-€86
Result 2025
-€26,642
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.
From operations
+€7,087
Investment
-€6,085
Financing
-€175
Cash 2024
€40
From operations (derived)
+€7,087
Net result for the year
-€26,642
Depreciation
+€3,991
Receivables within one year
+€37,223
Deferred charges and accrued income
-€1,675
Trade debts
-€475
Tax, wage and social debts
-€4,302
Other debts
-€1,100
Accrued charges and deferred income
+€66
Investment (derived)
-€6,085
Investment in fixed assets (net)
-€6,085
Financing
-€175
Short-term financial debts
-€175
Cash 2025
€867
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €267,488 | €234,860 | -€32,628 | -12.2% |
| Fixed assets | 21/28 | €10,706 | €12,800 | +€2,093 | +19.6% |
| Tangible fixed assets | 22/27 | €9,911 | €12,005 | +€2,093 | +21.1% |
| Land and buildings | 22 | €224 | €112 | -€112 | -50.0% |
| Plant, machinery and equipment | 23 | €4,856 | €5,671 | +€815 | +16.8% |
| Furniture and vehicles | 24 | €4,831 | €6,221 | +€1,390 | +28.8% |
| Financial fixed assets | 28 | €795 | €795 | = | 0.0% |
| Current assets | 29/58 | €256,782 | €222,061 | -€34,721 | -13.5% |
| Amounts receivable within one year | 40/41 | €239,353 | €202,130 | -€37,223 | -15.6% |
| Trade receivables | 40 | €186,778 | €192,760 | +€5,982 | +3.2% |
| Other amounts receivable | 41 | €52,575 | €9,370 | -€43,205 | -82.2% |
| Cash at bank and in hand | 54/58 | €40 | €867 | +€827 | +2067.9% |
| Deferred charges and accrued income | 490/1 | €17,388 | €19,063 | +€1,675 | +9.6% |
| Total equity and liabilities | 10/49 | €267,488 | €234,860 | -€32,628 | -12.2% |
| Equity | 10/15 | €1,805 | -€24,837 | -€26,642 | |
| Contributions | 10/11 | €306,200 | €306,200 | = | 0.0% |
| Capital | 10 | €306,200 | €306,200 | = | 0.0% |
| Issued capital | 100 | €318,592 | €318,592 | = | 0.0% |
| Uncalled capital | 101 | €12,392 | €12,392 | = | 0.0% |
| Reserves | 13 | €21,866 | €21,866 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,263 | €19,263 | = | 0.0% |
| Distributable reserves | 133 | €744 | €744 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€326,262 | -€352,903 | -€26,642 | -8.2% |
| Amounts payable | 17/49 | €265,683 | €259,697 | -€5,986 | -2.3% |
| Amounts payable within one year | 42/48 | €239,735 | €233,683 | -€6,052 | -2.5% |
| Financial debts | 43 | €24,390 | €24,215 | -€175 | -0.7% |
| Credit institutions | 430/8 | €24,390 | €24,215 | -€175 | -0.7% |
| Trade debts | 44 | €82,054 | €81,578 | -€475 | -0.6% |
| Suppliers | 440/4 | €82,054 | €81,578 | -€475 | -0.6% |
| Taxes, remuneration and social security | 45 | €4,626 | €323 | -€4,302 | -93.0% |
| Taxes | 450/3 | €4,626 | €323 | -€4,302 | -93.0% |
| Other amounts payable | 47/48 | €128,666 | €127,566 | -€1,100 | -0.9% |
| Accrued charges and deferred income | 492/3 | €25,948 | €26,014 | +€66 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,549 | €3,991 | +€442 | +12.5% |
| Other operating charges | 640/8 | €2,420 | €17,913 | +€15,493 | +640.2% |
| Gross operating margin | 9900 | €83,952 | €547 | -€83,404 | -99.3% |
| Operating profit (loss) | 9901 | €77,983 | -€21,357 | -€99,339 | |
| Financial income | 75/76B | €244 | €35 | -€210 | -85.8% |
| Recurring financial income | 75 | €244 | €35 | -€210 | -85.8% |
| Financial charges | 65/66B | €4,503 | €5,000 | +€497 | +11.0% |
| Recurring financial charges | 65 | €4,503 | €5,000 | +€497 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €73,724 | -€26,322 | -€100,046 | |
| Income taxes | 67/77 | €233 | €320 | +€86 | +37.0% |
| Profit (loss) for the period | 9904 | €73,491 | -€26,642 | -€100,132 | |
| Profit (loss) for the period to be appropriated | 9905 | €73,491 | -€26,642 | -€100,132 |
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 8 October 2026 via checked.be.