ELECTRO STALLE: 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 STALLE
NACE 47.540, Retail sale of electrical household appliances
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
-€417,518
2025 · -€208,094-€209,424
Equity
€2.7m
2025 · €3.1m-€417,518
Cash
€442,707
2025 · €494,755-€52,049
Balance sheet total
€6.5m
2025 · €6.5m+€33,912
Largest movements
Assets
- Stocks and contracts +€117,479
up €117,479 (+2.3%), from €5.0m to €5.1m
- Deferred charges and accrued income +€89,786
up €89,786 (+98.4%), from €91,206 to €180,993
- Receivables within one year -€80,713
down €80,713 (-22.0%), from €366,465 to €285,752
of which Trade receivables: -€48,283
Equity and liabilities
- Short-term financial debts +€619,503
up €619,503 (+79.1%), from €783,516 to €1.4m
- Profit (loss) carried forward -€417,518
down €417,518 (-21.3%), from €2.0m to €1.5m
- Trade debts -€145,722
down €145,722 (-17.3%), from €843,081 to €697,359
- Tax, wage and social debts -€99,766
down €99,766 (-17.4%), from €573,771 to €474,005
of which Remuneration and social security: -€51,228
- Debts after one year +€80,210
up €80,210 (+24.3%), from €329,410 to €409,619
Income statement
- Goods and materials -€650,987
down €650,987 (-3.7%), from €17.7m to €17.0m
of which Purchases: -€425,854
- Services and other goods +€385,426
up €385,426 (+10.5%), from €3.7m to €4.1m
- Turnover -€332,686
down €332,686 (-1.4%), from €23.7m to €23.3m
From the 2025 result to the 2026 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 2025
-€208,094
Turnover
-€332,686
Other operating income
-€131,738
Goods and materials
+€650,987
Services and other goods
-€385,426
Staff costs
-€93,729
Depreciation
+€97,074
Provisions
-€2,267
Other operating charges
+€5,118
Other operating items
-€18,716
Financial income
-€12,289
Financial charges
+€13,932
Taxes
+€316
Result 2026
-€417,518
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€553,387
Investment
-€154,389
Financing
+€655,727
Cash 2025
€494,755
From operations (derived)
-€553,387
Net result for the year
-€417,518
Depreciation
+€194,980
Stocks and contracts
-€117,479
Receivables within one year
+€80,713
Deferred charges and accrued income
-€89,786
Provisions
+€59,731
Trade debts
-€145,722
Tax, wage and social debts
-€99,766
Advances received
-€9,483
Accrued charges and deferred income
-€9,057
Investment (derived)
-€154,389
Investment in fixed assets (net)
-€154,389
Financing
+€655,727
Debts after one year
+€80,210
Current portion of long-term debt
-€43,985
Short-term financial debts
+€619,503
Cash 2026
€442,707
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,461,255 | €6,495,167 | +€33,912 | +0.5% |
| Fixed assets | 21/28 | €495,747 | €455,156 | -€40,591 | -8.2% |
| Intangible fixed assets | 21 | €160,294 | €179,963 | +€19,668 | +12.3% |
| Tangible fixed assets | 22/27 | €323,333 | €273,274 | -€50,059 | -15.5% |
| Plant, machinery and equipment | 23 | €1,661 | €145 | -€1,516 | -91.3% |
| Furniture and vehicles | 24 | €126,492 | €95,159 | -€31,333 | -24.8% |
| Other tangible fixed assets | 26 | €195,180 | €177,969 | -€17,210 | -8.8% |
| Financial fixed assets | 28 | €12,119 | €1,919 | -€10,200 | -84.2% |
| Other financial fixed assets | 284/8 | €12,119 | €1,919 | -€10,200 | -84.2% |
| Amounts receivable and cash guarantees | 285/8 | €12,119 | €1,919 | -€10,200 | -84.2% |
| Current assets | 29/58 | €5,965,508 | €6,040,011 | +€74,503 | +1.2% |
| Stocks and contracts in progress | 3 | €5,013,081 | €5,130,560 | +€117,479 | +2.3% |
| Stocks | 30/36 | €5,013,081 | €5,130,560 | +€117,479 | +2.3% |
| Goods purchased for resale | 34 | €5,013,081 | €5,130,560 | +€117,479 | +2.3% |
| Amounts receivable within one year | 40/41 | €366,465 | €285,752 | -€80,713 | -22.0% |
| Trade receivables | 40 | €303,465 | €255,182 | -€48,283 | -15.9% |
| Other amounts receivable | 41 | €63,000 | €30,570 | -€32,430 | -51.5% |
| Cash at bank and in hand | 54/58 | €494,755 | €442,707 | -€52,049 | -10.5% |
| Deferred charges and accrued income | 490/1 | €91,206 | €180,993 | +€89,786 | +98.4% |
| Total equity and liabilities | 10/49 | €6,461,255 | €6,495,167 | +€33,912 | +0.5% |
| Equity | 10/15 | €3,087,801 | €2,670,283 | -€417,518 | -13.5% |
| Contributions | 10/11 | €1,061,650 | €1,061,650 | = | 0.0% |
| Capital | 10 | €1,061,650 | €1,061,650 | = | 0.0% |
| Issued capital | 100 | €1,061,650 | €1,061,650 | = | 0.0% |
| Reserves | 13 | €70,000 | €70,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €70,000 | €70,000 | = | 0.0% |
| Legal reserve | 130 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,956,151 | €1,538,633 | -€417,518 | -21.3% |
| Provisions and deferred taxes | 16 | €234,284 | €294,014 | +€59,731 | +25.5% |
| Provisions for liabilities and charges | 160/5 | €234,284 | €294,014 | +€59,731 | +25.5% |
| Other liabilities and charges | 164/5 | €234,284 | €294,014 | +€59,731 | +25.5% |
| Amounts payable | 17/49 | €3,139,170 | €3,530,870 | +€391,700 | +12.5% |
| Amounts payable after more than one year | 17 | €329,410 | €409,619 | +€80,210 | +24.3% |
| Financial debts | 170/4 | €329,410 | €409,619 | +€80,210 | +24.3% |
| Credit institutions | 173 | €329,410 | €409,619 | +€80,210 | +24.3% |
| Amounts payable within one year | 42/48 | €2,784,344 | €3,104,891 | +€320,547 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €228,985 | €185,000 | -€43,985 | -19.2% |
| Financial debts | 43 | €783,516 | €1,403,019 | +€619,503 | +79.1% |
| Credit institutions | 430/8 | €783,516 | €1,403,019 | +€619,503 | +79.1% |
| Trade debts | 44 | €843,081 | €697,359 | -€145,722 | -17.3% |
| Suppliers | 440/4 | €843,081 | €697,359 | -€145,722 | -17.3% |
| Advances received on contracts in progress | 46 | €354,990 | €345,507 | -€9,483 | -2.7% |
| Taxes, remuneration and social security | 45 | €573,771 | €474,005 | -€99,766 | -17.4% |
| Taxes | 450/3 | €184,258 | €135,720 | -€48,538 | -26.3% |
| Remuneration and social security | 454/9 | €389,513 | €338,285 | -€51,228 | -13.2% |
| Accrued charges and deferred income | 492/3 | €25,417 | €16,360 | -€9,057 | -35.6% |
| Operating income | 70/76A | €24,139,849 | €23,677,925 | -€461,924 | -1.9% |
| Turnover | 70 | €23,667,830 | €23,335,144 | -€332,686 | -1.4% |
| Other operating income | 74 | €467,019 | €335,281 | -€131,738 | -28.2% |
| Non-recurring operating income | 76A | €5,000 | €7,500 | +€2,500 | +50.0% |
| Operating charges | 60/66A | €24,252,882 | €24,002,342 | -€250,540 | -1.0% |
| Goods for resale, raw materials and consumables | 60 | €17,690,703 | €17,039,716 | -€650,987 | -3.7% |
| Purchases | 600/8 | €17,583,048 | €17,157,195 | -€425,854 | -2.4% |
| Change in stocks: decrease (increase) | 609 | €107,655 | -€117,479 | -€225,134 | |
| Services and other goods | 61 | €3,681,733 | €4,067,159 | +€385,426 | +10.5% |
| Remuneration, social security and pensions | 62 | €2,438,218 | €2,531,948 | +€93,729 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €292,053 | €194,980 | -€97,074 | -33.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €57,463 | €59,731 | +€2,267 | +3.9% |
| Other operating charges | 640/8 | €75,111 | €69,993 | -€5,118 | -6.8% |
| Non-recurring operating charges | 66A | €17,600 | €38,816 | +€21,216 | +121% |
| Operating profit (loss) | 9901 | -€113,034 | -€324,417 | -€211,384 | -187% |
| Financial income | 75/76B | €196,465 | €184,176 | -€12,289 | -6.3% |
| Recurring financial income | 75 | €196,465 | €184,176 | -€12,289 | -6.3% |
| Other financial income | 752/9 | €196,465 | €184,176 | -€12,289 | -6.3% |
| Financial charges | 65/66B | €289,532 | €275,600 | -€13,932 | -4.8% |
| Recurring financial charges | 65 | €289,532 | €275,600 | -€13,932 | -4.8% |
| Debt charges | 650 | €108,555 | €88,529 | -€20,026 | -18.4% |
| Other financial charges | 652/9 | €180,977 | €187,071 | +€6,094 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€206,100 | -€415,841 | -€209,741 | -102% |
| Income taxes | 67/77 | €1,993 | €1,677 | -€316 | -15.9% |
| Taxes | 670/3 | €2,000 | €1,930 | -€70 | -3.5% |
| Tax adjustments and reversals of tax provisions | 77 | €7 | €253 | +€246 | +3,721% |
| Profit (loss) for the period | 9904 | -€208,094 | -€417,518 | -€209,424 | -101% |
| Profit (loss) for the period to be appropriated | 9905 | -€208,094 | -€417,518 | -€209,424 | -101% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.