House-Elec: 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.
House-Elec
Largest movements
- Receivables within one year -€24,418
down €24,418 (-49.8%), from €49,048 to €24,630
of which Trade receivables: -€23,753
- Cash -€7,397
down €7,397 (-8.7%), from €85,275 to €77,878
mainly Contributions, distributions and other (-€105,733) and Trade debts (-€17,841)
- Tangible fixed assets -€2,419
no longer reported in 2025 (was €2,419)
of which Furniture and vehicles: -€2,195
- Profit (loss) carried forward -€45,048
no longer reported in 2025 (was €45,048)
- Other debts +€42,192
up €42,192 (+6,323%), from €667 to €42,859
- Contributions -€18,600
no longer reported in 2025 (was €18,600)
- Trade debts -€17,841
down €17,841 (-71.1%), from €25,100 to €7,259
- Tax, wage and social debts +€10,411
up €10,411 (+130%), from €7,986 to €18,396
- Taxes -€6,702
down €6,702 (-38.1%), from €17,576 to €10,875
- Depreciation -€2,183
down €2,183 (-45.2%), from €4,831 to €2,648
- Gross operating margin -€1,093
down €1,093 (-1.9%), from €57,315 to €56,222
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,880 | €103,216 | -€34,664 | -25.1% |
| Formation expenses | 20 | €894 | €666 | -€229 | -25.6% |
| Fixed assets | 21/28 | €2,419 | - | -€2,419 | |
| Tangible fixed assets | 22/27 | €2,419 | - | -€2,419 | |
| Plant, machinery and equipment | 23 | €224 | - | -€224 | |
| Furniture and vehicles | 24 | €2,195 | - | -€2,195 | |
| Current assets | 29/58 | €134,567 | €102,550 | -€32,017 | -23.8% |
| Amounts receivable within one year | 40/41 | €49,048 | €24,630 | -€24,418 | -49.8% |
| Trade receivables | 40 | €41,338 | €17,585 | -€23,753 | -57.5% |
| Other amounts receivable | 41 | €7,710 | €7,045 | -€665 | -8.6% |
| Cash at bank and in hand | 54/58 | €85,275 | €77,878 | -€7,397 | -8.7% |
| Deferred charges and accrued income | 490/1 | €244 | €42 | -€202 | -82.8% |
| Total equity and liabilities | 10/49 | €137,880 | €103,216 | -€34,664 | -25.1% |
| Equity | 10/15 | €97,655 | €34,007 | -€63,648 | -65.2% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €34,007 | €34,007 | = | 0.0% |
| Distributable reserves | 133 | €34,007 | €34,007 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,048 | - | -€45,048 | |
| Amounts payable | 17/49 | €40,225 | €69,209 | +€28,983 | +72.1% |
| Amounts payable within one year | 42/48 | €40,103 | €69,209 | +€29,105 | +72.6% |
| Trade debts | 44 | €25,100 | €7,259 | -€17,841 | -71.1% |
| Suppliers | 440/4 | €25,100 | €7,259 | -€17,841 | -71.1% |
| Advances received on contracts in progress | 46 | €6,350 | €694 | -€5,656 | -89.1% |
| Taxes, remuneration and social security | 45 | €7,986 | €18,396 | +€10,411 | +130% |
| Taxes | 450/3 | €7,986 | €18,396 | +€10,411 | +130% |
| Other amounts payable | 47/48 | €667 | €42,859 | +€42,192 | +6,323% |
| Accrued charges and deferred income | 492/3 | €122 | - | -€122 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,831 | €2,648 | -€2,183 | -45.2% |
| Other operating charges | 640/8 | €246 | €250 | +€3 | +1.3% |
| Non-recurring operating charges | 66A | €116 | €63 | -€53 | -45.4% |
| Gross operating margin | 9900 | €57,315 | €56,222 | -€1,093 | -1.9% |
| Operating profit (loss) | 9901 | €52,121 | €53,261 | +€1,140 | +2.2% |
| Financial income | 75/76B | €107 | €303 | +€196 | +183% |
| Recurring financial income | 75 | €107 | €303 | +€196 | +183% |
| Financial charges | 65/66B | €646 | €604 | -€41 | -6.4% |
| Recurring financial charges | 65 | €646 | €604 | -€41 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €51,583 | €52,960 | +€1,377 | +2.7% |
| Income taxes | 67/77 | €17,576 | €10,875 | -€6,702 | -38.1% |
| Profit (loss) for the period | 9904 | €34,007 | €42,085 | +€8,079 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,007 | €42,085 | +€8,079 | +23.8% |
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 29 October 2026 via checked.be.