PERSONALIZED SERVICES IN ELECTRICS: 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.
PERSONALIZED SERVICES IN ELECTRICS
Largest movements
- Cash -€23,412
down €23,412 (-17.7%), from €131,989 to €108,577
mainly Investment in fixed assets (net) (-€25,391) and Trade debts (-€24,713)
- Tangible fixed assets +€22,852
new in 2025: €22,852
- Receivables within one year +€9,941
up €9,941 (+22.3%), from €44,518 to €54,459
of which Trade receivables: +€9,304
- Stocks and contracts -€4,029
down €4,029 (-11.5%), from €35,163 to €31,135
- Trade debts -€24,713
down €24,713 (-19.4%), from €127,674 to €102,962
- Debts after one year +€18,586
new in 2025: €18,586
- Profit (loss) carried forward +€7,873
up €7,873 (+69.8%), from €11,287 to €19,160
- Current portion of long-term debt +€4,835
new in 2025: €4,835
- Gross operating margin -€5,769
down €5,769 (-7.4%), from €78,315 to €72,546
- Depreciation +€2,539
new in 2025: €2,539
- Taxes -€2,054
down €2,054 (-39.9%), from €5,143 to €3,089
- Write-downs -€1,367
down €1,367 (-27.1%), from €5,052 to €3,685
- Staff costs +€954
up €954 (+1.8%), from €54,210 to €55,164
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 | €213,176 | €218,126 | +€4,950 | +2.3% |
| Fixed assets | 21/28 | €204 | €23,056 | +€22,852 | +11,202% |
| Tangible fixed assets | 22/27 | - | €22,852 | +€22,852 | |
| Furniture and vehicles | 24 | - | €22,852 | +€22,852 | |
| Financial fixed assets | 28 | €204 | €204 | = | 0.0% |
| Current assets | 29/58 | €212,972 | €195,069 | -€17,902 | -8.4% |
| Stocks and contracts in progress | 3 | €35,163 | €31,135 | -€4,029 | -11.5% |
| Stocks | 30/36 | €35,163 | €31,135 | -€4,029 | -11.5% |
| Amounts receivable within one year | 40/41 | €44,518 | €54,459 | +€9,941 | +22.3% |
| Trade receivables | 40 | €36,880 | €46,184 | +€9,304 | +25.2% |
| Other amounts receivable | 41 | €7,638 | €8,275 | +€637 | +8.3% |
| Cash at bank and in hand | 54/58 | €131,989 | €108,577 | -€23,412 | -17.7% |
| Deferred charges and accrued income | 490/1 | €1,302 | €899 | -€402 | -30.9% |
| Total equity and liabilities | 10/49 | €213,176 | €218,126 | +€4,950 | +2.3% |
| Equity | 10/15 | €80,037 | €87,910 | +€7,873 | +9.8% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €6,250 | €6,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,287 | €19,160 | +€7,873 | +69.8% |
| Amounts payable | 17/49 | €133,139 | €130,215 | -€2,924 | -2.2% |
| Amounts payable after more than one year | 17 | - | €18,586 | +€18,586 | |
| Financial debts | 170/4 | - | €18,586 | +€18,586 | |
| Amounts payable within one year | 42/48 | €133,139 | €111,616 | -€21,523 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | - | €4,835 | +€4,835 | |
| Trade debts | 44 | €127,674 | €102,962 | -€24,713 | -19.4% |
| Suppliers | 440/4 | €127,674 | €102,962 | -€24,713 | -19.4% |
| Taxes, remuneration and social security | 45 | €5,465 | €3,820 | -€1,645 | -30.1% |
| Taxes | 450/3 | €1,921 | €143 | -€1,778 | -92.5% |
| Remuneration and social security | 454/9 | €3,544 | €3,676 | +€133 | +3.7% |
| Accrued charges and deferred income | 492/3 | - | €14 | +€14 | |
| Remuneration, social security and pensions | 62 | €54,210 | €55,164 | +€954 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,539 | +€2,539 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,052 | €3,685 | -€1,367 | -27.1% |
| Other operating charges | 640/8 | €100 | €36 | -€64 | -63.9% |
| Non-recurring operating charges | 66A | €13 | - | -€13 | |
| Gross operating margin | 9900 | €78,315 | €72,546 | -€5,769 | -7.4% |
| Operating profit (loss) | 9901 | €18,941 | €11,121 | -€7,819 | -41.3% |
| Financial income | 75/76B | €396 | €321 | -€75 | -18.9% |
| Recurring financial income | 75 | €396 | €321 | -€75 | -18.9% |
| Financial charges | 65/66B | €162 | €480 | +€318 | +196% |
| Recurring financial charges | 65 | €162 | €480 | +€318 | +196% |
| Profit (loss) for the period before taxes | 9903 | €19,175 | €10,963 | -€8,212 | -42.8% |
| Income taxes | 67/77 | €5,143 | €3,089 | -€2,054 | -39.9% |
| Profit (loss) for the period | 9904 | €14,031 | €7,873 | -€6,158 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,031 | €7,873 | -€6,158 | -43.9% |
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 28 October 2026 via checked.be.