NOTRE ELECTRICIEN: 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.
NOTRE ELECTRICIEN
Largest movements
- Cash -€23,995
down €23,995 (-87.1%), from €27,556 to €3,561
mainly Net result for the year (-€25,058) and Tax, wage and social debts (-€9,109)
- Tangible fixed assets -€5,947
down €5,947 (-25.8%), from €23,010 to €17,063
of which Furniture and vehicles: -€5,407
- Receivables within one year +€3,384
up €3,384 (+11.2%), from €30,171 to €33,555
of which Trade receivables: +€10,174
- Profit (loss) carried forward -€25,058
down €25,058 (-76.0%), from €32,969 to €7,911
- Trade debts +€12,383
up €12,383 (+66.3%), from €18,675 to €31,057
- Tax, wage and social debts -€9,109
no longer reported in 2025 (was €9,109)
- Debts after one year -€5,854
down €5,854 (-35.2%), from €16,619 to €10,765
- Gross operating margin -€25,308
down €25,308, from €8,406 to -€16,902
- Financial charges +€2,559
up €2,559 (+390%), from €657 to €3,216
- Taxes -€1,651
down €1,651, from €836 to -€815
- Depreciation +€479
up €479 (+8.8%), from €5,468 to €5,947
- Financial income +€469
up €469 (+237%), from €198 to €667
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 | €84,264 | €57,088 | -€27,177 | -32.3% |
| Fixed assets | 21/28 | €23,010 | €17,063 | -€5,947 | -25.8% |
| Tangible fixed assets | 22/27 | €23,010 | €17,063 | -€5,947 | -25.8% |
| Plant, machinery and equipment | 23 | €1,559 | €1,019 | -€540 | -34.6% |
| Furniture and vehicles | 24 | €21,451 | €16,044 | -€5,407 | -25.2% |
| Current assets | 29/58 | €61,254 | €40,025 | -€21,229 | -34.7% |
| Amounts receivable within one year | 40/41 | €30,171 | €33,555 | +€3,384 | +11.2% |
| Trade receivables | 40 | €20,798 | €30,972 | +€10,174 | +48.9% |
| Other amounts receivable | 41 | €9,373 | €2,583 | -€6,790 | -72.4% |
| Cash at bank and in hand | 54/58 | €27,556 | €3,561 | -€23,995 | -87.1% |
| Deferred charges and accrued income | 490/1 | €3,527 | €2,908 | -€619 | -17.5% |
| Total equity and liabilities | 10/49 | €84,264 | €57,088 | -€27,177 | -32.3% |
| Equity | 10/15 | €34,469 | €9,411 | -€25,058 | -72.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,969 | €7,911 | -€25,058 | -76.0% |
| Amounts payable | 17/49 | €49,795 | €47,677 | -€2,118 | -4.3% |
| Amounts payable after more than one year | 17 | €16,619 | €10,765 | -€5,854 | -35.2% |
| Financial debts | 170/4 | €16,619 | €10,765 | -€5,854 | -35.2% |
| Amounts payable within one year | 42/48 | €33,176 | €36,912 | +€3,736 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €5,248 | €5,854 | +€606 | +11.5% |
| Trade debts | 44 | €18,675 | €31,057 | +€12,383 | +66.3% |
| Suppliers | 440/4 | €18,675 | €31,057 | +€12,383 | +66.3% |
| Taxes, remuneration and social security | 45 | €9,109 | - | -€9,109 | |
| Taxes | 450/3 | €9,109 | - | -€9,109 | |
| Other amounts payable | 47/48 | €144 | - | -€144 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,468 | €5,947 | +€479 | +8.8% |
| Other operating charges | 640/8 | €592 | €476 | -€115 | -19.5% |
| Gross operating margin | 9900 | €8,406 | -€16,902 | -€25,308 | |
| Operating profit (loss) | 9901 | €2,346 | -€23,326 | -€25,672 | |
| Financial income | 75/76B | €198 | €667 | +€469 | +237% |
| Recurring financial income | 75 | €198 | €667 | +€469 | +237% |
| Financial charges | 65/66B | €657 | €3,216 | +€2,559 | +390% |
| Recurring financial charges | 65 | €657 | €3,216 | +€2,559 | +390% |
| Profit (loss) for the period before taxes | 9903 | €1,887 | -€25,874 | -€27,761 | |
| Income taxes | 67/77 | €836 | -€815 | -€1,651 | |
| Profit (loss) for the period | 9904 | €1,052 | -€25,058 | -€26,110 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,052 | -€25,058 | -€26,110 |
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 30 October 2026 via checked.be.