NAIM 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.
NAIM ELECTRO
Largest movements
- Cash +€35,748
up €35,748 (+244.3%), from €14,633 to €50,381
- Receivables within one year +€32,836
up €32,836 (+131.2%), from €25,034 to €57,870
of which Trade receivables: +€31,032
- Tangible fixed assets -€10,827
down €10,827 (-36.1%), from €29,951 to €19,124
- Profit (loss) carried forward +€27,168
up €27,168 (+465.0%), from €5,842 to €33,011
- Tax, wage and social debts +€21,416
up €21,416 (+450.2%), from €4,757 to €26,173
of which Remuneration and social security: +€22,161
- Trade debts +€18,736
up €18,736 (+273.0%), from €6,864 to €25,599
- Debts after one year -€9,114
down €9,114 (-38.7%), from €23,551 to €14,436
- Turnover +€107,321
up €107,321 (+48.5%), from €221,213 to €328,534
- Purchases and services +€59,963
up €59,963 (+28.6%), from €210,023 to €269,986
- Gross operating margin +€47,358
up €47,358 (+423.2%), from €11,190 to €58,548
- Staff costs +€16,190
new in 2024: €16,190
- Depreciation +€4,651
up €4,651 (+75.3%), from €6,176 to €10,827
From the 2023 result to the 2024 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 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,643 | €127,401 | +€57,758 | +82.9% |
| Fixed assets | 21/28 | €29,976 | €19,149 | -€10,827 | -36.1% |
| Tangible fixed assets | 22/27 | €29,951 | €19,124 | -€10,827 | -36.1% |
| Furniture and vehicles | 24 | €29,951 | €19,124 | -€10,827 | -36.1% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €39,667 | €108,251 | +€68,584 | +172.9% |
| Amounts receivable within one year | 40/41 | €25,034 | €57,870 | +€32,836 | +131.2% |
| Trade receivables | 40 | €19,117 | €50,148 | +€31,032 | +162.3% |
| Other amounts receivable | 41 | €5,918 | €7,722 | +€1,804 | +30.5% |
| Cash at bank and in hand | 54/58 | €14,633 | €50,381 | +€35,748 | +244.3% |
| Total equity and liabilities | 10/49 | €69,643 | €127,401 | +€57,758 | +82.9% |
| Equity | 10/15 | €26,302 | €53,471 | +€27,168 | +103.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,842 | €33,011 | +€27,168 | +465.0% |
| Amounts payable | 17/49 | €43,341 | €73,930 | +€30,589 | +70.6% |
| Amounts payable after more than one year | 17 | €23,551 | €14,436 | -€9,114 | -38.7% |
| Financial debts | 170/4 | €23,551 | €14,436 | -€9,114 | -38.7% |
| Amounts payable within one year | 42/48 | €19,790 | €59,494 | +€39,704 | +200.6% |
| Current portion of amounts payable after more than one year | 42 | €8,169 | €7,059 | -€1,111 | -13.6% |
| Trade debts | 44 | €6,864 | €25,599 | +€18,736 | +273.0% |
| Suppliers | 440/4 | €6,864 | €25,599 | +€18,736 | +273.0% |
| Taxes, remuneration and social security | 45 | €4,757 | €26,173 | +€21,416 | +450.2% |
| Taxes | 450/3 | €757 | €12 | -€745 | -98.4% |
| Remuneration and social security | 454/9 | €4,000 | €26,161 | +€22,161 | +554.0% |
| Other amounts payable | 47/48 | - | €663 | +€663 | |
| Turnover | 70 | €221,213 | €328,534 | +€107,321 | +48.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €210,023 | €269,986 | +€59,963 | +28.6% |
| Remuneration, social security and pensions | 62 | - | €16,190 | +€16,190 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,176 | €10,827 | +€4,651 | +75.3% |
| Other operating charges | 640/8 | €1,620 | €2,144 | +€524 | +32.3% |
| Non-recurring operating charges | 66A | €941 | €582 | -€359 | -38.1% |
| Gross operating margin | 9900 | €11,190 | €58,548 | +€47,358 | +423.2% |
| Operating profit (loss) | 9901 | €2,453 | €28,804 | +€26,351 | +1074.5% |
| Financial income | 75/76B | €164 | €53 | -€111 | -67.4% |
| Recurring financial income | 75 | €110 | €53 | -€57 | -51.5% |
| Non-recurring financial income | 76B | €54 | €53 | -€1 | -1.0% |
| Financial charges | 65/66B | €516 | €1,046 | +€530 | +102.8% |
| Recurring financial charges | 65 | €516 | €1,046 | +€530 | +102.8% |
| Profit (loss) for the period before taxes | 9903 | €2,100 | €27,811 | +€25,710 | +1224.1% |
| Income taxes | 67/77 | €1,585 | €643 | -€942 | -59.4% |
| Profit (loss) for the period | 9904 | €516 | €27,168 | +€26,652 | +5166.3% |
| Profit (loss) for the period to be appropriated | 9905 | €516 | €27,168 | +€26,652 | +5166.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.