PROPULSIONS ÉLECTRICITÉ: 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.
PROPULSIONS ÉLECTRICITÉ
Largest movements
- Cash +€83,256
up €83,256 (+104%), from €79,892 to €163,148
mainly Net result for the year (+€66,171) and Tax, wage and social debts (+€19,740)
- Receivables within one year +€2,164
up €2,164 (+16.5%), from €13,086 to €15,250
- Profit (loss) carried forward +€66,171
up €66,171 (+133%), from €49,839 to €116,010
- Tax, wage and social debts +€19,740
up €19,740 (+85.6%), from €23,053 to €42,792
- Other debts -€1,890
down €1,890 (-8.0%), from €23,520 to €21,630
- Gross operating margin +€20,958
up €20,958 (+31.4%), from €66,790 to €87,747
- Taxes +€3,901
up €3,901 (+29.4%), from €13,266 to €17,167
- Depreciation +€1,329
up €1,329 (+85.9%), from €1,546 to €2,875
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 | €101,085 | €184,657 | +€83,572 | +82.7% |
| Fixed assets | 21/28 | €7,454 | €5,586 | -€1,868 | -25.1% |
| Intangible fixed assets | 21 | €892 | €692 | -€200 | -22.4% |
| Tangible fixed assets | 22/27 | €6,562 | €4,894 | -€1,668 | -25.4% |
| Furniture and vehicles | 24 | €6,562 | €4,894 | -€1,668 | -25.4% |
| Current assets | 29/58 | €93,631 | €179,070 | +€85,440 | +91.3% |
| Amounts receivable within one year | 40/41 | €13,086 | €15,250 | +€2,164 | +16.5% |
| Trade receivables | 40 | €13,086 | €15,250 | +€2,164 | +16.5% |
| Cash at bank and in hand | 54/58 | €79,892 | €163,148 | +€83,256 | +104% |
| Deferred charges and accrued income | 490/1 | €653 | €672 | +€20 | +3.0% |
| Total equity and liabilities | 10/49 | €101,085 | €184,657 | +€83,572 | +82.7% |
| Equity | 10/15 | €52,839 | €119,010 | +€66,171 | +125% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,839 | €116,010 | +€66,171 | +133% |
| Amounts payable | 17/49 | €48,246 | €65,646 | +€17,401 | +36.1% |
| Amounts payable within one year | 42/48 | €48,246 | €65,646 | +€17,401 | +36.1% |
| Trade debts | 44 | €1,673 | €1,224 | -€449 | -26.8% |
| Suppliers | 440/4 | €1,673 | €1,224 | -€449 | -26.8% |
| Taxes, remuneration and social security | 45 | €23,053 | €42,792 | +€19,740 | +85.6% |
| Taxes | 450/3 | €23,053 | €42,792 | +€19,740 | +85.6% |
| Other amounts payable | 47/48 | €23,520 | €21,630 | -€1,890 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,546 | €2,875 | +€1,329 | +85.9% |
| Other operating charges | 640/8 | €1,921 | €1,478 | -€443 | -23.0% |
| Gross operating margin | 9900 | €66,790 | €87,747 | +€20,958 | +31.4% |
| Operating profit (loss) | 9901 | €63,323 | €83,394 | +€20,071 | +31.7% |
| Financial charges | 65/66B | €219 | €56 | -€162 | -74.3% |
| Recurring financial charges | 65 | €219 | €56 | -€162 | -74.3% |
| Profit (loss) for the period before taxes | 9903 | €63,104 | €83,338 | +€20,234 | +32.1% |
| Income taxes | 67/77 | €13,266 | €17,167 | +€3,901 | +29.4% |
| Profit (loss) for the period | 9904 | €49,839 | €66,171 | +€16,333 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €49,839 | €66,171 | +€16,333 | +32.8% |
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 29 October 2026 via checked.be.