Home & Building Electronic Systems: what changed
Home & Building Electronic Systems
Largest movements
- Tangible fixed assets +€41,428
up €41,428 (+191%), from €21,741 to €63,169
of which Furniture and vehicles: +€47,473
- Receivables within one year -€9,636
down €9,636 (-21.8%), from €44,282 to €34,645
of which Trade receivables: -€20,225
- Cash -€5,325
down €5,325 (-54.7%), from €9,741 to €4,416
mainly Net result for the year (-€54,222) and Investment in fixed assets (net) (-€53,953)
- Deferred charges and accrued income +€3,668
up €3,668 (+180%), from €2,037 to €5,705
- Stocks and contracts +€1,516
up €1,516 (+21.9%), from €6,938 to €8,454
- Profit (loss) carried forward -€54,222
down €54,222, from €3 to -€54,219
- Debts after one year +€41,187
new in 2025: €41,187
- Other debts +€29,388
up €29,388 (+390%), from €7,544 to €36,931
- Current portion of long-term debt +€9,692
new in 2025: €9,692
- Trade debts +€5,055
up €5,055 (+42.8%), from €11,824 to €16,879
- Gross operating margin -€111,576
down €111,576, from €71,791 to -€39,785
- Taxes -€17,550
down €17,550 (-100%), from €17,550 to €0
- Depreciation +€7,141
up €7,141 (+120%), from €5,937 to €13,077
- Other operating charges -€1,143
down €1,143 (-67.5%), from €1,694 to €551
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 | €86,845 | €117,944 | +€31,099 | +35.8% |
| Fixed assets | 21/28 | €23,847 | €64,723 | +€40,876 | +171% |
| Intangible fixed assets | 21 | €2,106 | €1,554 | -€552 | -26.2% |
| Tangible fixed assets | 22/27 | €21,741 | €63,169 | +€41,428 | +191% |
| Plant, machinery and equipment | 23 | €20,453 | €14,408 | -€6,046 | -29.6% |
| Furniture and vehicles | 24 | €1,288 | €48,761 | +€47,473 | +3,686% |
| Current assets | 29/58 | €62,998 | €53,221 | -€9,777 | -15.5% |
| Stocks and contracts in progress | 3 | €6,938 | €8,454 | +€1,516 | +21.9% |
| Stocks | 30/36 | €6,938 | €8,454 | +€1,516 | +21.9% |
| Amounts receivable within one year | 40/41 | €44,282 | €34,645 | -€9,636 | -21.8% |
| Trade receivables | 40 | €42,475 | €22,250 | -€20,225 | -47.6% |
| Other amounts receivable | 41 | €1,807 | €12,396 | +€10,589 | +586% |
| Cash at bank and in hand | 54/58 | €9,741 | €4,416 | -€5,325 | -54.7% |
| Deferred charges and accrued income | 490/1 | €2,037 | €5,705 | +€3,668 | +180% |
| Total equity and liabilities | 10/49 | €86,845 | €117,944 | +€31,099 | +35.8% |
| Equity | 10/15 | €47,228 | -€6,994 | -€54,222 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €46,225 | €46,225 | = | 0.0% |
| Distributable reserves | 133 | €46,225 | €46,225 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3 | -€54,219 | -€54,222 | |
| Amounts payable | 17/49 | €39,617 | €124,938 | +€85,321 | +215% |
| Amounts payable after more than one year | 17 | - | €41,187 | +€41,187 | |
| Financial debts | 170/4 | - | €41,187 | +€41,187 | |
| Amounts payable within one year | 42/48 | €39,617 | €83,752 | +€44,134 | +111% |
| Current portion of amounts payable after more than one year | 42 | - | €9,692 | +€9,692 | |
| Trade debts | 44 | €11,824 | €16,879 | +€5,055 | +42.8% |
| Suppliers | 440/4 | €11,824 | €16,879 | +€5,055 | +42.8% |
| Taxes, remuneration and social security | 45 | €20,250 | €20,250 | = | 0.0% |
| Taxes | 450/3 | €20,250 | €20,250 | = | 0.0% |
| Other amounts payable | 47/48 | €7,544 | €36,931 | +€29,388 | +390% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,937 | €13,077 | +€7,141 | +120% |
| Other operating charges | 640/8 | €1,694 | €551 | -€1,143 | -67.5% |
| Gross operating margin | 9900 | €71,791 | -€39,785 | -€111,576 | |
| Operating profit (loss) | 9901 | €64,160 | -€53,413 | -€117,573 | |
| Financial income | 75/76B | €6 | €0 | -€6 | -99.8% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -99.8% |
| Financial charges | 65/66B | €388 | €809 | +€421 | +108% |
| Recurring financial charges | 65 | €388 | €809 | +€421 | +108% |
| Profit (loss) for the period before taxes | 9903 | €63,778 | -€54,222 | -€118,000 | |
| Income taxes | 67/77 | €17,550 | €0 | -€17,550 | -100% |
| Profit (loss) for the period | 9904 | €46,228 | -€54,222 | -€100,450 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,228 | -€54,222 | -€100,450 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.