NC-ELECTRICITY: 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.
NC-ELECTRICITY
Largest movements
- Receivables within one year -€2,990
down €2,990 (-9.1%), from €32,867 to €29,877
of which Trade receivables: -€4,781
- Tangible fixed assets +€1,980
up €1,980 (+41.1%), from €4,815 to €6,795
- Deferred charges and accrued income -€488
down €488 (-80.7%), from €605 to €117
- Trade debts -€4,413
down €4,413 (-35.4%), from €12,464 to €8,051
- Profit (loss) carried forward +€4,300
up €4,300 (+16.3%), from -€26,339 to -€22,039
- Tax, wage and social debts -€1,488
down €1,488 (-4.7%), from €31,761 to €30,273
of which Taxes: -€1,827
- Accrued charges and deferred income -€743
down €743 (-35.6%), from €2,089 to €1,346
- Other debts +€491
up €491 (+48.4%), from €1,014 to €1,505
- Gross operating margin +€2,068
up €2,068 (+45.5%), from €4,544 to €6,612
- Depreciation +€1,635
up €1,635 (+464%), from €352 to €1,987
- Financial charges -€120
down €120 (-27.0%), from €445 to €325
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 | €40,989 | €39,136 | -€1,853 | -4.5% |
| Fixed assets | 21/28 | €5,015 | €6,995 | +€1,980 | +39.5% |
| Tangible fixed assets | 22/27 | €4,815 | €6,795 | +€1,980 | +41.1% |
| Furniture and vehicles | 24 | €4,815 | €6,795 | +€1,980 | +41.1% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €35,974 | €32,141 | -€3,833 | -10.7% |
| Amounts receivable within one year | 40/41 | €32,867 | €29,877 | -€2,990 | -9.1% |
| Trade receivables | 40 | €30,950 | €26,169 | -€4,781 | -15.4% |
| Other amounts receivable | 41 | €1,917 | €3,708 | +€1,791 | +93.4% |
| Cash at bank and in hand | 54/58 | €2,502 | €2,147 | -€355 | -14.2% |
| Deferred charges and accrued income | 490/1 | €605 | €117 | -€488 | -80.7% |
| Total equity and liabilities | 10/49 | €40,989 | €39,136 | -€1,853 | -4.5% |
| Equity | 10/15 | -€6,339 | -€2,039 | +€4,300 | +67.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,339 | -€22,039 | +€4,300 | +16.3% |
| Amounts payable | 17/49 | €47,328 | €41,175 | -€6,153 | -13.0% |
| Amounts payable within one year | 42/48 | €45,239 | €39,829 | -€5,410 | -12.0% |
| Trade debts | 44 | €12,464 | €8,051 | -€4,413 | -35.4% |
| Suppliers | 440/4 | €12,464 | €8,051 | -€4,413 | -35.4% |
| Taxes, remuneration and social security | 45 | €31,761 | €30,273 | -€1,488 | -4.7% |
| Taxes | 450/3 | €25,488 | €23,661 | -€1,827 | -7.2% |
| Remuneration and social security | 454/9 | €6,273 | €6,612 | +€339 | +5.4% |
| Other amounts payable | 47/48 | €1,014 | €1,505 | +€491 | +48.4% |
| Accrued charges and deferred income | 492/3 | €2,089 | €1,346 | -€743 | -35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €352 | €1,987 | +€1,635 | +464% |
| Gross operating margin | 9900 | €4,544 | €6,612 | +€2,068 | +45.5% |
| Operating profit (loss) | 9901 | €4,192 | €4,625 | +€433 | +10.3% |
| Financial charges | 65/66B | €445 | €325 | -€120 | -27.0% |
| Recurring financial charges | 65 | €445 | €325 | -€120 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €3,747 | €4,300 | +€553 | +14.8% |
| Profit (loss) for the period | 9904 | €3,747 | €4,300 | +€553 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,747 | €4,300 | +€553 | +14.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.