KY-ELECTRO: 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.
KY-ELECTRO
Largest movements
- Receivables within one year -€3,429
down €3,429 (-17.9%), from €19,106 to €15,677
of which Trade receivables: -€2,070
- Cash -€1,225
down €1,225 (-23.1%), from €5,301 to €4,076
- Tangible fixed assets -€795
down €795 (-95.0%), from €837 to €42
of which Furniture and vehicles: -€629
- Deferred charges and accrued income -€746
no longer reported in 2025 (was €746)
- Trade debts -€4,955
down €4,955 (-73.4%), from €6,754 to €1,799
- Advances received -€4,218
no longer reported in 2025 (was €4,218)
- Profit (loss) carried forward +€1,598
up €1,598 (+32.5%), from €4,919 to €6,517
- Tax, wage and social debts +€1,479
new in 2025: €1,479
- Gross operating margin -€2,037
down €2,037 (-98.6%), from €2,066 to €29
- Depreciation -€1,114
no longer reported in 2025 (was €1,114)
- Other operating charges +€839
up €839 (+121.0%), from €693 to €1,532
- Taxes -€408
no longer reported in 2025 (was €408)
- Financial charges -€198
down €198 (-78.6%), from €252 to €54
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,990 | €19,795 | -€6,195 | -23.8% |
| Fixed assets | 21/28 | €837 | €42 | -€795 | -95.0% |
| Tangible fixed assets | 22/27 | €837 | €42 | -€795 | -95.0% |
| Plant, machinery and equipment | 23 | €208 | €42 | -€167 | -80.0% |
| Furniture and vehicles | 24 | €629 | - | -€629 | |
| Current assets | 29/58 | €25,153 | €19,753 | -€5,400 | -21.5% |
| Amounts receivable within one year | 40/41 | €19,106 | €15,677 | -€3,429 | -17.9% |
| Trade receivables | 40 | €10,276 | €8,206 | -€2,070 | -20.1% |
| Other amounts receivable | 41 | €8,830 | €7,471 | -€1,359 | -15.4% |
| Cash at bank and in hand | 54/58 | €5,301 | €4,076 | -€1,225 | -23.1% |
| Deferred charges and accrued income | 490/1 | €746 | - | -€746 | |
| Total equity and liabilities | 10/49 | €25,990 | €19,795 | -€6,195 | -23.8% |
| Equity | 10/15 | €14,919 | €16,517 | +€1,598 | +10.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,919 | €6,517 | +€1,598 | +32.5% |
| Amounts payable | 17/49 | €11,071 | €3,278 | -€7,793 | -70.4% |
| Amounts payable within one year | 42/48 | €11,071 | €3,278 | -€7,793 | -70.4% |
| Trade debts | 44 | €6,754 | €1,799 | -€4,955 | -73.4% |
| Suppliers | 440/4 | €6,754 | €1,799 | -€4,955 | -73.4% |
| Advances received on contracts in progress | 46 | €4,218 | - | -€4,218 | |
| Taxes, remuneration and social security | 45 | - | €1,479 | +€1,479 | |
| Taxes | 450/3 | - | €1,479 | +€1,479 | |
| Other amounts payable | 47/48 | €100 | - | -€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,114 | - | -€1,114 | |
| Other operating charges | 640/8 | €693 | €1,532 | +€839 | +121.0% |
| Gross operating margin | 9900 | €2,066 | €29 | -€2,037 | -98.6% |
| Operating profit (loss) | 9901 | €258 | -€1,503 | -€1,761 | |
| Financial charges | 65/66B | €252 | €54 | -€198 | -78.6% |
| Recurring financial charges | 65 | €252 | €54 | -€198 | -78.6% |
| Profit (loss) for the period before taxes | 9903 | €6 | -€1,557 | -€1,564 | |
| Income taxes | 67/77 | €408 | - | -€408 | |
| Profit (loss) for the period | 9904 | -€401 | -€1,557 | -€1,156 | -288.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€401 | -€1,557 | -€1,156 | -288.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.