ELECTRONICS VANDEN BERGHE: 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
ELECTRONICS VANDEN BERGHE
NACE 47.540, Retail sale of electrical household appliances
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€669
2024 · €15,346-€14,678
Equity
€165,722
2024 · €165,053+€669
Cash
€29,281
2024 · €41,758-€12,477
Balance sheet total
€741,958
2024 · €766,928-€24,970
Largest movements
Assets
- Cash -€12,477
down €12,477 (-29.9%), from €41,758 to €29,281
mainly Current portion of long-term debt (-€167,929) and Investment in fixed assets (net) (-€33,831)
Equity and liabilities
- Current portion of long-term debt -€167,929
down €167,929 (-79.9%), from €210,148 to €42,219
- Other debts +€149,365
up €149,365 (+84.3%), from €177,232 to €326,597
Income statement
- Gross operating margin -€29,691
down €29,691 (-31.3%), from €94,806 to €65,115
- Financial charges -€13,974
down €13,974 (-46.2%), from €30,223 to €16,249
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
€15,346
Gross operating margin
-€29,691
Depreciation
+€932
Other operating charges
+€65
Financial income
+€30
Financial charges
+€13,974
Taxes
+€13
Result 2025
€669
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
+€194,582
Investment
-€33,831
Financing
-€173,228
Cash 2024
€41,758
From operations (derived)
+€194,582
Net result for the year
+€669
Depreciation
+€34,358
Stocks and contracts
+€4,887
Receivables within one year
+€6,004
Deferred charges and accrued income
+€1,075
Trade debts
+€3,583
Tax, wage and social debts
-€2,638
Other debts
+€149,365
Accrued charges and deferred income
-€2,721
Investment (derived)
-€33,831
Investment in fixed assets (net)
-€33,831
Financing
-€173,228
Debts after one year
-€5,298
Current portion of long-term debt
-€167,929
Cash 2025
€29,281
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €766,928 | €741,958 | -€24,970 | -3.3% |
| Fixed assets | 21/28 | €601,914 | €601,387 | -€527 | -0.1% |
| Tangible fixed assets | 22/27 | €601,914 | €601,387 | -€527 | -0.1% |
| Land and buildings | 22 | €595,238 | €596,434 | +€1,197 | +0.2% |
| Plant, machinery and equipment | 23 | €1,617 | €0 | -€1,617 | -100% |
| Furniture and vehicles | 24 | €5,059 | €4,953 | -€107 | -2.1% |
| Current assets | 29/58 | €165,014 | €140,571 | -€24,443 | -14.8% |
| Stocks and contracts in progress | 3 | €106,460 | €101,573 | -€4,887 | -4.6% |
| Stocks | 30/36 | €106,460 | €101,573 | -€4,887 | -4.6% |
| Amounts receivable within one year | 40/41 | €10,892 | €4,888 | -€6,004 | -55.1% |
| Trade receivables | 40 | €10,892 | €4,888 | -€6,004 | -55.1% |
| Cash at bank and in hand | 54/58 | €41,758 | €29,281 | -€12,477 | -29.9% |
| Deferred charges and accrued income | 490/1 | €5,905 | €4,830 | -€1,075 | -18.2% |
| Total equity and liabilities | 10/49 | €766,928 | €741,958 | -€24,970 | -3.3% |
| Equity | 10/15 | €165,053 | €165,722 | +€669 | +0.4% |
| Contributions | 10/11 | €55,800 | €55,800 | = | 0.0% |
| Reserves | 13 | €109,253 | €109,922 | +€669 | +0.6% |
| Tax-exempt reserves | 132 | €17,798 | €17,798 | = | 0.0% |
| Distributable reserves | 133 | €91,455 | €92,124 | +€669 | +0.7% |
| Amounts payable | 17/49 | €601,875 | €576,236 | -€25,639 | -4.3% |
| Amounts payable after more than one year | 17 | €193,283 | €187,985 | -€5,298 | -2.7% |
| Financial debts | 170/4 | €193,283 | €187,985 | -€5,298 | -2.7% |
| Amounts payable within one year | 42/48 | €399,639 | €382,020 | -€17,619 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €210,148 | €42,219 | -€167,929 | -79.9% |
| Trade debts | 44 | €6,447 | €10,029 | +€3,583 | +55.6% |
| Suppliers | 440/4 | €6,447 | €10,029 | +€3,583 | +55.6% |
| Taxes, remuneration and social security | 45 | €5,813 | €3,176 | -€2,638 | -45.4% |
| Taxes | 450/3 | €4,774 | €2,136 | -€2,638 | -55.3% |
| Remuneration and social security | 454/9 | €1,039 | €1,039 | = | 0.0% |
| Other amounts payable | 47/48 | €177,232 | €326,597 | +€149,365 | +84.3% |
| Accrued charges and deferred income | 492/3 | €8,952 | €6,231 | -€2,721 | -30.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,290 | €34,358 | -€932 | -2.6% |
| Other operating charges | 640/8 | €13,681 | €13,616 | -€65 | -0.5% |
| Gross operating margin | 9900 | €94,806 | €65,115 | -€29,691 | -31.3% |
| Operating profit (loss) | 9901 | €45,835 | €17,141 | -€28,694 | -62.6% |
| Financial income | 75/76B | €0 | €30 | +€30 | +302,900% |
| Recurring financial income | 75 | €0 | €30 | +€30 | +302,900% |
| Financial charges | 65/66B | €30,223 | €16,249 | -€13,974 | -46.2% |
| Recurring financial charges | 65 | €30,223 | €16,249 | -€13,974 | -46.2% |
| Profit (loss) for the period before taxes | 9903 | €15,612 | €922 | -€14,690 | -94.1% |
| Income taxes | 67/77 | €266 | €253 | -€13 | -4.8% |
| Profit (loss) for the period | 9904 | €15,346 | €669 | -€14,678 | -95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,346 | €669 | -€14,678 | -95.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.