ELEKTRO HAUBEN: 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
ELEKTRO HAUBEN
NACE 47.540, Retail sale of electrical household appliances
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€29,358
2024 · €37,391-€8,032
Equity
€739,853
2024 · €710,495+€29,358
Cash
€44,974
2024 · €45,124-€151
Balance sheet total
€2.1m
2024 · €2.3m-€169,241
Largest movements
Assets
- Tangible fixed assets -€134,124
down €134,124 (-7.5%), from €1.8m to €1.6m
of which Land and buildings: -€121,010
- Stocks and contracts -€39,320
down €39,320 (-9.5%), from €414,368 to €375,048
Equity and liabilities
- Debts after one year -€188,852
down €188,852 (-16.8%), from €1.1m to €931,988
- Reserves +€29,358
up €29,358 (+5.0%), from €585,495 to €614,853
Income statement
- Financial income -€13,309
down €13,309 (-53.0%), from €25,130 to €11,821
- Financial charges -€5,832
down €5,832 (-11.4%), from €51,314 to €45,482
of which Financial charges: -€4,131
- Gross operating margin -€3,508
down €3,508 (-1.1%), from €312,496 to €308,989
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
€37,391
Gross operating margin
-€3,508
Staff costs
+€1,098
Depreciation
+€2,580
Other operating charges
+€49
Financial income
-€13,309
Financial charges
+€5,832
Taxes
-€775
Result 2025
€29,358
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
+€203,209
Investment
-€7,439
Financing
-€195,921
Cash 2024
€45,124
From operations (derived)
+€203,209
Net result for the year
+€29,358
Depreciation
+€142,157
Stocks and contracts
+€39,320
Receivables within one year
+€8
Deferred charges and accrued income
-€4,956
Trade debts
-€4,949
Tax, wage and social debts
-€1,962
Other debts
+€4,233
Investment (derived)
-€7,439
Investment in fixed assets (net)
-€7,439
Financing
-€195,921
Debts after one year
-€188,852
Current portion of long-term debt
+€2,930
Short-term financial debts
-€10,000
Cash 2025
€44,974
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,284,788 | €2,115,547 | -€169,241 | -7.4% |
| Fixed assets | 21/28 | €1,782,291 | €1,647,572 | -€134,719 | -7.6% |
| Intangible fixed assets | 21 | €594 | - | -€594 | |
| Tangible fixed assets | 22/27 | €1,781,457 | €1,647,332 | -€134,124 | -7.5% |
| Land and buildings | 22 | €1,750,442 | €1,629,433 | -€121,010 | -6.9% |
| Plant, machinery and equipment | 23 | €13,611 | €10,059 | -€3,552 | -26.1% |
| Furniture and vehicles | 24 | €17,403 | €7,840 | -€9,563 | -55.0% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €502,497 | €467,974 | -€34,522 | -6.9% |
| Stocks and contracts in progress | 3 | €414,368 | €375,048 | -€39,320 | -9.5% |
| Stocks | 30/36 | €414,368 | €375,048 | -€39,320 | -9.5% |
| Amounts receivable within one year | 40/41 | €35,327 | €35,319 | -€8 | 0.0% |
| Trade receivables | 40 | €26,965 | €11,467 | -€15,498 | -57.5% |
| Other amounts receivable | 41 | €8,362 | €23,851 | +€15,490 | +185% |
| Cash at bank and in hand | 54/58 | €45,124 | €44,974 | -€151 | -0.3% |
| Deferred charges and accrued income | 490/1 | €7,678 | €12,634 | +€4,956 | +64.5% |
| Total equity and liabilities | 10/49 | €2,284,788 | €2,115,547 | -€169,241 | -7.4% |
| Equity | 10/15 | €710,495 | €739,853 | +€29,358 | +4.1% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €585,495 | €614,853 | +€29,358 | +5.0% |
| Distributable reserves | 133 | €585,495 | €614,853 | +€29,358 | +5.0% |
| Amounts payable | 17/49 | €1,574,294 | €1,375,694 | -€198,600 | -12.6% |
| Amounts payable after more than one year | 17 | €1,120,840 | €931,988 | -€188,852 | -16.8% |
| Financial debts | 170/4 | €1,120,840 | €931,988 | -€188,852 | -16.8% |
| Amounts payable within one year | 42/48 | €453,454 | €443,706 | -€9,748 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | €185,921 | €188,852 | +€2,930 | +1.6% |
| Financial debts | 43 | €75,000 | €65,000 | -€10,000 | -13.3% |
| Credit institutions | 430/8 | €75,000 | €65,000 | -€10,000 | -13.3% |
| Trade debts | 44 | €31,581 | €26,632 | -€4,949 | -15.7% |
| Suppliers | 440/4 | €31,581 | €26,632 | -€4,949 | -15.7% |
| Taxes, remuneration and social security | 45 | €33,208 | €31,246 | -€1,962 | -5.9% |
| Taxes | 450/3 | €22,703 | €20,474 | -€2,229 | -9.8% |
| Remuneration and social security | 454/9 | €10,505 | €10,771 | +€267 | +2.5% |
| Other amounts payable | 47/48 | €127,743 | €131,977 | +€4,233 | +3.3% |
| Remuneration, social security and pensions | 62 | €78,047 | €76,949 | -€1,098 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,737 | €142,157 | -€2,580 | -1.8% |
| Other operating charges | 640/8 | €11,942 | €11,892 | -€49 | -0.4% |
| Gross operating margin | 9900 | €312,496 | €308,989 | -€3,508 | -1.1% |
| Operating profit (loss) | 9901 | €77,770 | €77,990 | +€220 | +0.3% |
| Financial income | 75/76B | €25,130 | €11,821 | -€13,309 | -53.0% |
| Recurring financial income | 75 | €25,130 | €11,821 | -€13,309 | -53.0% |
| Financial charges | 65/66B | €51,314 | €45,482 | -€5,832 | -11.4% |
| Recurring financial charges | 65 | €49,612 | €45,482 | -€4,131 | -8.3% |
| Non-recurring financial charges | 66B | €1,701 | - | -€1,701 | |
| Profit (loss) for the period before taxes | 9903 | €51,587 | €44,330 | -€7,257 | -14.1% |
| Income taxes | 67/77 | €14,196 | €14,971 | +€775 | +5.5% |
| Profit (loss) for the period | 9904 | €37,391 | €29,358 | -€8,032 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,391 | €29,358 | -€8,032 | -21.5% |
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 18 October 2026 via checked.be.