ELEKTRO BART VANSIMAEYS: what changed
ELEKTRO BART VANSIMAEYS
Largest movements
- Cash +€11,157
up €11,157 (+114%), from €9,781 to €20,938
mainly Trade debts (+€24,991) and Other debts (+€11,670)
- Tangible fixed assets -€9,705
down €9,705 (-9.3%), from €104,497 to €94,792
of which Land and buildings: -€5,617
- Receivables within one year -€9,027
down €9,027 (-4.0%), from €224,568 to €215,541
of which Other amounts receivable: -€12,891
- Deferred charges and accrued income -€5,060
down €5,060 (-42.3%), from €11,966 to €6,905
- Trade debts +€24,991
up €24,991 (+53.5%), from €46,695 to €71,686
- Reserves -€23,150
down €23,150 (-13.9%), from €166,486 to €143,336
of which Distributable reserves: -€23,150
- Short-term financial debts -€15,665
no longer reported in 2025 (was €15,665)
- Other debts +€11,670
up €11,670 (+58.4%), from €20,000 to €31,670
- Debts after one year -€9,890
down €9,890 (-38.7%), from €25,550 to €15,659
- Gross operating margin -€9,859
down €9,859 (-28.7%), from €34,301 to €24,442
- Depreciation -€2,350
down €2,350 (-19.5%), from €12,055 to €9,705
- Taxes -€2,030
down €2,030 (-34.2%), from €5,934 to €3,904
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €400,824 | €388,189 | -€12,635 | -3.2% |
| Fixed assets | 21/28 | €104,509 | €94,805 | -€9,705 | -9.3% |
| Tangible fixed assets | 22/27 | €104,497 | €94,792 | -€9,705 | -9.3% |
| Land and buildings | 22 | €90,340 | €84,722 | -€5,617 | -6.2% |
| Plant, machinery and equipment | 23 | €3,979 | €3,150 | -€829 | -20.8% |
| Furniture and vehicles | 24 | €10,179 | €6,920 | -€3,259 | -32.0% |
| Financial fixed assets | 28 | €13 | €13 | = | 0.0% |
| Current assets | 29/58 | €296,315 | €293,384 | -€2,931 | -1.0% |
| Stocks and contracts in progress | 3 | €50,000 | €50,000 | = | 0.0% |
| Stocks | 30/36 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €224,568 | €215,541 | -€9,027 | -4.0% |
| Trade receivables | 40 | €141,488 | €145,352 | +€3,864 | +2.7% |
| Other amounts receivable | 41 | €83,080 | €70,189 | -€12,891 | -15.5% |
| Cash at bank and in hand | 54/58 | €9,781 | €20,938 | +€11,157 | +114% |
| Deferred charges and accrued income | 490/1 | €11,966 | €6,905 | -€5,060 | -42.3% |
| Total equity and liabilities | 10/49 | €400,824 | €388,189 | -€12,635 | -3.2% |
| Equity | 10/15 | €274,002 | €250,852 | -€23,150 | -8.4% |
| Contributions | 10/11 | €51,150 | €51,150 | = | 0.0% |
| Reserves | 13 | €166,486 | €143,336 | -€23,150 | -13.9% |
| Tax-exempt reserves | 132 | €53,993 | €53,993 | = | 0.0% |
| Distributable reserves | 133 | €112,493 | €89,343 | -€23,150 | -20.6% |
| Profit (loss) carried forward | 14 | €56,366 | €56,366 | = | 0.0% |
| Amounts payable | 17/49 | €126,821 | €137,337 | +€10,515 | +8.3% |
| Amounts payable after more than one year | 17 | €25,550 | €15,659 | -€9,890 | -38.7% |
| Financial debts | 170/4 | €25,550 | €15,659 | -€9,890 | -38.7% |
| Amounts payable within one year | 42/48 | €101,272 | €121,677 | +€20,405 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €11,076 | €9,890 | -€1,186 | -10.7% |
| Financial debts | 43 | €15,665 | - | -€15,665 | |
| Credit institutions | 430/8 | €15,665 | - | -€15,665 | |
| Trade debts | 44 | €46,695 | €71,686 | +€24,991 | +53.5% |
| Suppliers | 440/4 | €46,695 | €71,686 | +€24,991 | +53.5% |
| Taxes, remuneration and social security | 45 | €7,837 | €8,431 | +€595 | +7.6% |
| Taxes | 450/3 | €7,837 | €8,431 | +€595 | +7.6% |
| Other amounts payable | 47/48 | €20,000 | €31,670 | +€11,670 | +58.4% |
| Remuneration, social security and pensions | 62 | €19 | - | -€19 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,055 | €9,705 | -€2,350 | -19.5% |
| Other operating charges | 640/8 | €2,977 | €2,859 | -€119 | -4.0% |
| Gross operating margin | 9900 | €34,301 | €24,442 | -€9,859 | -28.7% |
| Operating profit (loss) | 9901 | €19,249 | €11,879 | -€7,370 | -38.3% |
| Financial income | 75/76B | €4,114 | €4,165 | +€51 | +1.2% |
| Recurring financial income | 75 | €4,114 | €4,165 | +€51 | +1.2% |
| Financial charges | 65/66B | €3,777 | €3,620 | -€156 | -4.1% |
| Recurring financial charges | 65 | €3,777 | €3,620 | -€156 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €19,587 | €12,424 | -€7,163 | -36.6% |
| Income taxes | 67/77 | €5,934 | €3,904 | -€2,030 | -34.2% |
| Profit (loss) for the period | 9904 | €13,653 | €8,520 | -€5,133 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,653 | €8,520 | -€5,133 | -37.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.