Electrostock: 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
Electrostock
NACE 46.431, Wholesale of electrical household appliances and audio-video equipment
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€148,609
2024 · €148,628-€19
Equity
€1.3m
2024 · €1.2m+€148,609
Cash
€3,116
2024 · €1,521+€1,595
Balance sheet total
€7.1m
2024 · €7.6m-€595,509
Largest movements
Assets
- Receivables within one year -€457,463
down €457,463 (-27.8%), from €1.6m to €1.2m
of which Trade receivables: -€411,979
- Intangible fixed assets -€227,500
down €227,500 (-17.4%), from €1.3m to €1.1m
- Stocks and contracts +€102,853
up €102,853 (+4.9%), from €2.1m to €2.2m
Equity and liabilities
- Short-term financial debts -€769,275
down €769,275 (-28.7%), from €2.7m to €1.9m
of which Credit institutions: -€739,303
- Trade debts +€346,727
up €346,727 (+29.2%), from €1.2m to €1.5m
- Debts after one year -€309,266
down €309,266 (-13.7%), from €2.3m to €2.0m
- Profit (loss) carried forward +€148,609
up €148,609 (+72.1%), from €206,122 to €354,731
Income statement
- Staff costs +€16,645
up €16,645 (+7.2%), from €230,333 to €246,978
- Gross operating margin -€13,677
down €13,677 (-1.5%), from €941,754 to €928,077
- Financial charges -€12,673
down €12,673 (-7.4%), from €170,910 to €158,237
- Other operating charges -€12,026
down €12,026 (-9.3%), from €129,579 to €117,553
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
€148,628
Gross operating margin
-€13,677
Staff costs
-€16,645
Depreciation
+€531
Other operating charges
+€12,026
Other operating items
+€460
Financial income
+€4,848
Financial charges
+€12,673
Taxes
-€234
Result 2025
€148,609
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
+€1.1m
Investment
-€11,027
Financing
-€1.1m
Cash 2024
€1,521
From operations (derived)
+€1.1m
Net result for the year
+€148,609
Depreciation
+€252,577
Stocks and contracts
-€102,853
Receivables within one year
+€457,463
Deferred charges and accrued income
+€944
Trade debts
+€346,727
Tax, wage and social debts
-€5,184
Other debts
+€7,434
Accrued charges and deferred income
-€6,445
Investment (derived)
-€11,027
Investment in fixed assets (net)
-€11,027
Financing
-€1.1m
Debts after one year
-€309,266
Current portion of long-term debt
-€8,107
Short-term financial debts
-€769,275
Cash 2025
€3,116
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,649,043 | €7,053,534 | -€595,509 | -7.8% |
| Fixed assets | 21/28 | €3,881,203 | €3,639,653 | -€241,550 | -6.2% |
| Intangible fixed assets | 21 | €1,308,754 | €1,081,254 | -€227,500 | -17.4% |
| Tangible fixed assets | 22/27 | €61,681 | €47,632 | -€14,050 | -22.8% |
| Plant, machinery and equipment | 23 | €35,007 | €33,429 | -€1,578 | -4.5% |
| Furniture and vehicles | 24 | €26,674 | €14,203 | -€12,472 | -46.8% |
| Financial fixed assets | 28 | €2,510,767 | €2,510,767 | = | 0.0% |
| Current assets | 29/58 | €3,767,840 | €3,413,880 | -€353,960 | -9.4% |
| Stocks and contracts in progress | 3 | €2,114,599 | €2,217,452 | +€102,853 | +4.9% |
| Stocks | 30/36 | €2,114,599 | €2,217,452 | +€102,853 | +4.9% |
| Amounts receivable within one year | 40/41 | €1,642,802 | €1,185,339 | -€457,463 | -27.8% |
| Trade receivables | 40 | €1,563,425 | €1,151,446 | -€411,979 | -26.4% |
| Other amounts receivable | 41 | €79,377 | €33,893 | -€45,484 | -57.3% |
| Cash at bank and in hand | 54/58 | €1,521 | €3,116 | +€1,595 | +104.9% |
| Deferred charges and accrued income | 490/1 | €8,918 | €7,974 | -€944 | -10.6% |
| Total equity and liabilities | 10/49 | €7,649,043 | €7,053,534 | -€595,509 | -7.8% |
| Equity | 10/15 | €1,176,122 | €1,324,731 | +€148,609 | +12.6% |
| Contributions | 10/11 | €970,000 | €970,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €206,122 | €354,731 | +€148,609 | +72.1% |
| Amounts payable | 17/49 | €6,472,921 | €5,728,803 | -€744,118 | -11.5% |
| Amounts payable after more than one year | 17 | €2,261,256 | €1,951,990 | -€309,266 | -13.7% |
| Financial debts | 170/4 | €2,261,256 | €1,951,990 | -€309,266 | -13.7% |
| Amounts payable within one year | 42/48 | €4,204,200 | €3,775,793 | -€428,406 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €317,374 | €309,266 | -€8,107 | -2.6% |
| Financial debts | 43 | €2,685,002 | €1,915,727 | -€769,275 | -28.7% |
| Credit institutions | 430/8 | €2,634,823 | €1,895,520 | -€739,303 | -28.1% |
| Other loans | 439 | €50,179 | €20,207 | -€29,972 | -59.7% |
| Trade debts | 44 | €1,189,336 | €1,536,063 | +€346,727 | +29.2% |
| Suppliers | 440/4 | €1,189,336 | €1,536,063 | +€346,727 | +29.2% |
| Advances received on contracts in progress | 46 | €5,527 | €5,527 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,961 | €1,777 | -€5,184 | -74.5% |
| Taxes | 450/3 | €6,961 | €1,773 | -€5,188 | -74.5% |
| Remuneration and social security | 454/9 | - | €4 | +€4 | |
| Other amounts payable | 47/48 | - | €7,434 | +€7,434 | |
| Accrued charges and deferred income | 492/3 | €7,465 | €1,019 | -€6,445 | -86.3% |
| Non-recurring operating income | 76A | - | €1,318 | +€1,318 | |
| Remuneration, social security and pensions | 62 | €230,333 | €246,978 | +€16,645 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €253,108 | €252,577 | -€531 | -0.2% |
| Other operating charges | 640/8 | €129,579 | €117,553 | -€12,026 | -9.3% |
| Non-recurring operating charges | 66A | €460 | - | -€460 | |
| Gross operating margin | 9900 | €941,754 | €928,077 | -€13,677 | -1.5% |
| Operating profit (loss) | 9901 | €328,275 | €310,969 | -€17,305 | -5.3% |
| Financial income | 75/76B | €43,264 | €48,112 | +€4,848 | +11.2% |
| Recurring financial income | 75 | €43,264 | €48,112 | +€4,848 | +11.2% |
| Financial charges | 65/66B | €170,910 | €158,237 | -€12,673 | -7.4% |
| Recurring financial charges | 65 | €170,910 | €158,237 | -€12,673 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €200,629 | €200,845 | +€215 | +0.1% |
| Income taxes | 67/77 | €52,002 | €52,236 | +€234 | +0.5% |
| Profit (loss) for the period | 9904 | €148,628 | €148,609 | -€19 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €148,628 | €148,609 | -€19 | 0.0% |
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 9 October 2026 via checked.be.