ELECTRONIC PRODUCTS: 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.
ELECTRONIC PRODUCTS
Largest movements
- Tangible fixed assets -€9,792
down €9,792 (-39.1%), from €25,056 to €15,264
of which Furniture and vehicles: -€9,382
- Intangible fixed assets -€5,801
down €5,801 (-95.8%), from €6,052 to €251
- Receivables within one year -€4,478
down €4,478 (-41.0%), from €10,910 to €6,432
of which Trade receivables: -€5,707
- Cash -€3,927
down €3,927 (-7.7%), from €51,030 to €47,102
mainly Net result for the year (-€24,994) and Debts after one year (-€9,502)
- Deferred charges and accrued income +€951
new in 2025: €951
- Profit (loss) carried forward -€24,994
down €24,994, from €20,474 to -€4,520
- Other debts +€11,818
up €11,818 (+344%), from €3,433 to €15,251
- Debts after one year -€9,502
down €9,502 (-74.9%), from €12,690 to €3,188
- Gross operating margin -€32,507
down €32,507, from €24,300 to -€8,207
- Depreciation -€8,128
down €8,128 (-34.3%), from €23,720 to €15,592
- Other operating charges -€1,883
down €1,883 (-89.3%), from €2,109 to €226
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
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,047 | €70,001 | -€23,047 | -24.8% |
| Fixed assets | 21/28 | €31,108 | €15,516 | -€15,592 | -50.1% |
| Intangible fixed assets | 21 | €6,052 | €251 | -€5,801 | -95.8% |
| Tangible fixed assets | 22/27 | €25,056 | €15,264 | -€9,792 | -39.1% |
| Plant, machinery and equipment | 23 | €820 | €410 | -€410 | -50.0% |
| Furniture and vehicles | 24 | €24,236 | €14,855 | -€9,382 | -38.7% |
| Current assets | 29/58 | €61,940 | €54,485 | -€7,455 | -12.0% |
| Amounts receivable within one year | 40/41 | €10,910 | €6,432 | -€4,478 | -41.0% |
| Trade receivables | 40 | €6,457 | €750 | -€5,707 | -88.4% |
| Other amounts receivable | 41 | €4,452 | €5,682 | +€1,230 | +27.6% |
| Cash at bank and in hand | 54/58 | €51,030 | €47,102 | -€3,927 | -7.7% |
| Deferred charges and accrued income | 490/1 | - | €951 | +€951 | |
| Total equity and liabilities | 10/49 | €93,047 | €70,001 | -€23,047 | -24.8% |
| Equity | 10/15 | €66,123 | €41,129 | -€24,994 | -37.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €27,057 | €27,057 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,892 | €15,892 | = | 0.0% |
| Distributable reserves | 133 | €9,306 | €9,306 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,474 | -€4,520 | -€24,994 | |
| Amounts payable | 17/49 | €26,925 | €28,872 | +€1,947 | +7.2% |
| Amounts payable after more than one year | 17 | €12,690 | €3,188 | -€9,502 | -74.9% |
| Financial debts | 170/4 | €12,690 | €3,188 | -€9,502 | -74.9% |
| Amounts payable within one year | 42/48 | €14,234 | €25,683 | +€11,449 | +80.4% |
| Current portion of amounts payable after more than one year | 42 | €9,409 | €9,502 | +€93 | +1.0% |
| Trade debts | 44 | €1,127 | €931 | -€196 | -17.4% |
| Suppliers | 440/4 | €1,127 | €931 | -€196 | -17.4% |
| Taxes, remuneration and social security | 45 | €266 | - | -€266 | |
| Taxes | 450/3 | €266 | - | -€266 | |
| Other amounts payable | 47/48 | €3,433 | €15,251 | +€11,818 | +344% |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,720 | €15,592 | -€8,128 | -34.3% |
| Other operating charges | 640/8 | €2,109 | €226 | -€1,883 | -89.3% |
| Gross operating margin | 9900 | €24,300 | -€8,207 | -€32,507 | |
| Operating profit (loss) | 9901 | -€1,917 | -€24,426 | -€22,509 | -1,174% |
| Financial income | 75/76B | €6 | €0 | -€6 | -99.8% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -99.8% |
| Financial charges | 65/66B | €595 | €568 | -€27 | -4.6% |
| Recurring financial charges | 65 | €595 | €568 | -€27 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,506 | -€24,994 | -€22,488 | -897% |
| Profit (loss) for the period | 9904 | -€2,506 | -€24,994 | -€22,488 | -897% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,506 | -€24,994 | -€22,488 | -897% |
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.