ELECTROSYSTEM: 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.
ELECTROSYSTEM
Largest movements
- Receivables within one year -€2,139
down €2,139 (-23.0%), from €9,306 to €7,167
- Tangible fixed assets -€867
down €867 (-69.0%), from €1,256 to €389
- Profit (loss) carried forward -€2,044
down €2,044 (-21.9%), from -€9,353 to -€11,397
- Trade debts -€860
down €860 (-41.6%), from €2,068 to €1,208
- Other operating charges -€7,900
down €7,900 (-91.4%), from €8,643 to €743
- Write-downs +€2,650
no longer reported in 2025 (was -€2,650)
- Gross operating margin +€1,700
up €1,700, from -€1,080 to €620
- Financial income -€156
no longer reported in 2025 (was €156)
- Financial charges +€101
up €101 (+10.6%), from €953 to €1,054
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,680 | €7,675 | -€3,006 | -28.1% |
| Fixed assets | 21/28 | €1,374 | €507 | -€867 | -63.1% |
| Tangible fixed assets | 22/27 | €1,256 | €389 | -€867 | -69.0% |
| Furniture and vehicles | 24 | €1,256 | €389 | -€867 | -69.0% |
| Financial fixed assets | 28 | €118 | €118 | = | 0.0% |
| Current assets | 29/58 | €9,306 | €7,167 | -€2,139 | -23.0% |
| Amounts receivable within one year | 40/41 | €9,306 | €7,167 | -€2,139 | -23.0% |
| Other amounts receivable | 41 | €9,306 | €7,167 | -€2,139 | -23.0% |
| Total equity and liabilities | 10/49 | €10,680 | €7,675 | -€3,006 | -28.1% |
| Equity | 10/15 | -€1,293 | -€3,337 | -€2,044 | -158.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,353 | -€11,397 | -€2,044 | -21.9% |
| Amounts payable | 17/49 | €11,974 | €11,012 | -€962 | -8.0% |
| Amounts payable within one year | 42/48 | €11,974 | €11,012 | -€962 | -8.0% |
| Financial debts | 43 | €9,906 | €9,804 | -€102 | -1.0% |
| Credit institutions | 430/8 | €9,906 | €9,804 | -€102 | -1.0% |
| Trade debts | 44 | €2,068 | €1,208 | -€860 | -41.6% |
| Suppliers | 440/4 | €2,068 | €1,208 | -€860 | -41.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €867 | €867 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,650 | - | +€2,650 | |
| Other operating charges | 640/8 | €8,643 | €743 | -€7,900 | -91.4% |
| Gross operating margin | 9900 | -€1,080 | €620 | +€1,700 | |
| Operating profit (loss) | 9901 | -€7,940 | -€990 | +€6,950 | +87.5% |
| Financial income | 75/76B | €156 | - | -€156 | |
| Recurring financial income | 75 | €156 | - | -€156 | |
| Financial charges | 65/66B | €953 | €1,054 | +€101 | +10.6% |
| Recurring financial charges | 65 | €953 | €1,054 | +€101 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,737 | -€2,044 | +€6,693 | +76.6% |
| Profit (loss) for the period | 9904 | -€8,737 | -€2,044 | +€6,693 | +76.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,737 | -€2,044 | +€6,693 | +76.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.