NR ELECTRICITE: what changed
NR ELECTRICITE
Largest movements
- Receivables within one year +€6,928
up €6,928 (+28.4%), from €24,416 to €31,344
of which Other amounts receivable: +€6,927
- Cash +€2,478
up €2,478 (+20.9%), from €11,868 to €14,346
mainly Advances received (+€9,368) and Net result for the year (+€3,525)
- Stocks and contracts +€960
new in 2025: €960
- Advances received +€9,368
new in 2025: €9,368
- Profit (loss) carried forward +€2,692
up €2,692 (+29.6%), from €9,096 to €11,788
- Tax, wage and social debts -€900
down €900 (-37.5%), from €2,400 to €1,500
of which Remuneration and social security: -€900
- Gross operating margin -€20,505
down €20,505 (-67.0%), from €30,615 to €10,110
- Other operating charges -€5,841
down €5,841 (-84.4%), from €6,921 to €1,080
- Taxes -€4,045
down €4,045 (-61.6%), from €6,571 to €2,526
- Write-downs -€3,350
down €3,350 (-100%), from €3,350 to €0
- Financial charges -€1,016
down €1,016 (-30.7%), from €3,309 to €2,293
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,622 | €50,772 | +€11,150 | +28.1% |
| Fixed assets | 21/28 | €2,632 | €2,996 | +€364 | +13.8% |
| Tangible fixed assets | 22/27 | €2,632 | €2,996 | +€364 | +13.8% |
| Furniture and vehicles | 24 | €2,632 | €2,996 | +€364 | +13.8% |
| Current assets | 29/58 | €36,991 | €47,776 | +€10,786 | +29.2% |
| Stocks and contracts in progress | 3 | - | €960 | +€960 | |
| Stocks | 30/36 | - | €960 | +€960 | |
| Amounts receivable within one year | 40/41 | €24,416 | €31,344 | +€6,928 | +28.4% |
| Trade receivables | 40 | €13,792 | €13,794 | +€2 | 0.0% |
| Other amounts receivable | 41 | €10,624 | €17,550 | +€6,927 | +65.2% |
| Cash at bank and in hand | 54/58 | €11,868 | €14,346 | +€2,478 | +20.9% |
| Deferred charges and accrued income | 490/1 | €706 | €1,126 | +€420 | +59.4% |
| Total equity and liabilities | 10/49 | €39,622 | €50,772 | +€11,150 | +28.1% |
| Equity | 10/15 | €14,096 | €16,788 | +€2,692 | +19.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,096 | €11,788 | +€2,692 | +29.6% |
| Amounts payable | 17/49 | €25,526 | €33,984 | +€8,458 | +33.1% |
| Amounts payable within one year | 42/48 | €24,162 | €32,888 | +€8,726 | +36.1% |
| Current portion of amounts payable after more than one year | 42 | €1,697 | €2,029 | +€332 | +19.6% |
| Trade debts | 44 | €19,206 | €19,158 | -€48 | -0.3% |
| Suppliers | 440/4 | €19,206 | €19,158 | -€48 | -0.3% |
| Advances received on contracts in progress | 46 | - | €9,368 | +€9,368 | |
| Taxes, remuneration and social security | 45 | €2,400 | €1,500 | -€900 | -37.5% |
| Taxes | 450/3 | €1,500 | €1,500 | = | 0.0% |
| Remuneration and social security | 454/9 | €900 | €0 | -€900 | -100% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Accrued charges and deferred income | 492/3 | €1,364 | €1,096 | -€268 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €600 | €1,191 | +€591 | +98.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,350 | €0 | -€3,350 | -100% |
| Other operating charges | 640/8 | €6,921 | €1,080 | -€5,841 | -84.4% |
| Gross operating margin | 9900 | €30,615 | €10,110 | -€20,505 | -67.0% |
| Operating profit (loss) | 9901 | €19,744 | €7,839 | -€11,905 | -60.3% |
| Financial income | 75/76B | €91 | €504 | +€413 | +451% |
| Recurring financial income | 75 | €91 | €504 | +€413 | +451% |
| Financial charges | 65/66B | €3,309 | €2,293 | -€1,016 | -30.7% |
| Recurring financial charges | 65 | €3,309 | €2,293 | -€1,016 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €16,526 | €6,051 | -€10,475 | -63.4% |
| Income taxes | 67/77 | €6,571 | €2,526 | -€4,045 | -61.6% |
| Profit (loss) for the period | 9904 | €9,955 | €3,525 | -€6,430 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,955 | €3,525 | -€6,430 | -64.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.