T-electro: 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.
What changed
T-electro
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€201,669
2024 · -€597,254+€395,585
Equity
-€701,421
2024 · -€499,752-€201,669
Cash
€330,481
2024 · €235,264+€95,216
Balance sheet total
€3.5m
2024 · €4.6m-€1.1m
Largest movements
Assets
- Tangible fixed assets -€872,921
down €872,921 (-26.5%), from €3.3m to €2.4m
of which Other tangible fixed assets: -€899,743
- Receivables within one year -€466,617
down €466,617 (-65.4%), from €713,956 to €247,339
of which Trade receivables: -€466,984
- Stocks and contracts +€105,440
up €105,440 (+34.3%), from €307,809 to €413,249
- Cash +€95,216
up €95,216 (+40.5%), from €235,264 to €330,481
mainly Depreciation (+€740,057) and Receivables within one year (+€466,617)
Equity and liabilities
- Debts after one year -€559,434
down €559,434 (-13.6%), from €4.1m to €3.6m
- Trade debts -€395,803
down €395,803 (-77.6%), from €509,860 to €114,057
- Short-term financial debts +€300,000
up €300,000, from €0 to €300,000
- Advances received -€207,874
down €207,874 (-100.0%), from €207,874 to €0
- Profit (loss) carried forward -€201,669
down €201,669 (-40.3%), from -€500,752 to -€702,421
Income statement
- Depreciation -€393,852
down €393,852 (-34.7%), from €1.1m to €740,057
- Other operating income -€346,237
down €346,237 (-28.9%), from €1.2m to €851,189
- Turnover +€339,623
up €339,623 (+20.6%), from €1.7m to €2.0m
- Goods and materials +€297,341
up €297,341 (+21.4%), from €1.4m to €1.7m
of which Purchases: +€1.3m
- Services and other goods -€195,039
down €195,039 (-27.0%), from €722,830 to €527,792
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.
Result 2024
-€597,254
Turnover
+€339,623
Other operating income
-€346,237
Goods and materials
-€297,341
Services and other goods
+€195,039
Depreciation
+€393,852
Write-downs
+€3,700
Other operating charges
+€26,165
Financial income
-€63,407
Financial charges
+€144,129
Taxes
+€61
Result 2025
-€201,669
Cash bridge derived
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.
From operations
+€290,205
Investment
+€133,023
Financing
-€328,012
Cash 2024
€235,264
From operations (derived)
+€290,205
Net result for the year
-€201,669
Depreciation
+€740,057
Stocks and contracts
-€105,440
Receivables within one year
+€466,617
Deferred charges and accrued income
-€39,219
Trade debts
-€395,803
Tax, wage and social debts
+€30,511
Advances received
-€207,874
Other debts
-€12,395
Accrued charges and deferred income
+€15,419
Investment (derived)
+€133,023
Investment in fixed assets (net)
+€133,023
Financing
-€328,012
Debts after one year
-€559,434
Current portion of long-term debt
-€68,577
Short-term financial debts
+€300,000
Cash 2025
€330,481
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,571,601 | €3,471,779 | -€1.1m | -24.1% |
| Fixed assets | 21/28 | €3,303,321 | €2,430,240 | -€873,080 | -26.4% |
| Intangible fixed assets | 21 | €159 | €0 | -€159 | -100.0% |
| Tangible fixed assets | 22/27 | €3,297,312 | €2,424,390 | -€872,921 | -26.5% |
| Plant, machinery and equipment | 23 | €7,239 | €4,647 | -€2,591 | -35.8% |
| Furniture and vehicles | 24 | €53,972 | €83,385 | +€29,413 | +54.5% |
| Other tangible fixed assets | 26 | €3,236,101 | €2,336,358 | -€899,743 | -27.8% |
| Financial fixed assets | 28 | €5,850 | €5,850 | = | 0.0% |
| Other financial fixed assets | 284/8 | €5,850 | €5,850 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €5,850 | €5,850 | = | 0.0% |
| Current assets | 29/58 | €1,268,281 | €1,041,539 | -€226,742 | -17.9% |
| Stocks and contracts in progress | 3 | €307,809 | €413,249 | +€105,440 | +34.3% |
| Stocks | 30/36 | €307,809 | €413,249 | +€105,440 | +34.3% |
| Goods purchased for resale | 34 | €307,809 | €413,249 | +€105,440 | +34.3% |
| Amounts receivable within one year | 40/41 | €713,956 | €247,339 | -€466,617 | -65.4% |
| Trade receivables | 40 | €640,540 | €173,557 | -€466,984 | -72.9% |
| Other amounts receivable | 41 | €73,416 | €73,782 | +€367 | +0.5% |
| Cash at bank and in hand | 54/58 | €235,264 | €330,481 | +€95,216 | +40.5% |
| Deferred charges and accrued income | 490/1 | €11,252 | €50,470 | +€39,219 | +348.6% |
| Total equity and liabilities | 10/49 | €4,571,601 | €3,471,779 | -€1.1m | -24.1% |
| Equity | 10/15 | -€499,752 | -€701,421 | -€201,669 | -40.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€500,752 | -€702,421 | -€201,669 | -40.3% |
| Amounts payable | 17/49 | €5,071,353 | €4,173,200 | -€898,154 | -17.7% |
| Amounts payable after more than one year | 17 | €4,110,225 | €3,550,790 | -€559,434 | -13.6% |
| Financial debts | 170/4 | €4,110,225 | €3,550,790 | -€559,434 | -13.6% |
| Credit institutions | 173 | €10,225 | €790 | -€9,434 | -92.3% |
| Other loans | 174 | €4,100,000 | €3,550,000 | -€550,000 | -13.4% |
| Amounts payable within one year | 42/48 | €945,658 | €591,520 | -€354,138 | -37.4% |
| Current portion of amounts payable after more than one year | 42 | €78,012 | €9,434 | -€68,577 | -87.9% |
| Financial debts | 43 | €0 | €300,000 | +€300,000 | |
| Other loans | 439 | €0 | €300,000 | +€300,000 | |
| Trade debts | 44 | €509,860 | €114,057 | -€395,803 | -77.6% |
| Suppliers | 440/4 | €509,860 | €114,057 | -€395,803 | -77.6% |
| Advances received on contracts in progress | 46 | €207,874 | €0 | -€207,874 | -100.0% |
| Taxes, remuneration and social security | 45 | €15,450 | €45,961 | +€30,511 | +197.5% |
| Taxes | 450/3 | €15,450 | €45,961 | +€30,511 | +197.5% |
| Other amounts payable | 47/48 | €134,463 | €122,068 | -€12,395 | -9.2% |
| Accrued charges and deferred income | 492/3 | €15,471 | €30,890 | +€15,419 | +99.7% |
| Operating income | 70/76A | €2,848,719 | €2,842,105 | -€6,614 | -0.2% |
| Turnover | 70 | €1,651,292 | €1,990,916 | +€339,623 | +20.6% |
| Other operating income | 74 | €1,197,427 | €851,189 | -€346,237 | -28.9% |
| Operating charges | 60/66A | €3,281,173 | €2,959,757 | -€321,416 | -9.8% |
| Goods for resale, raw materials and consumables | 60 | €1,391,915 | €1,689,255 | +€297,341 | +21.4% |
| Purchases | 600/8 | €446,803 | €1,794,695 | +€1.3m | +301.7% |
| Change in stocks: decrease (increase) | 609 | €945,112 | -€105,440 | -€1.1m | |
| Services and other goods | 61 | €722,830 | €527,792 | -€195,039 | -27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,133,910 | €740,057 | -€393,852 | -34.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,700 | €0 | -€3,700 | -100.0% |
| Other operating charges | 640/8 | €28,819 | €2,653 | -€26,165 | -90.8% |
| Operating profit (loss) | 9901 | -€432,454 | -€117,652 | +€314,802 | +72.8% |
| Financial income | 75/76B | €63,930 | €523 | -€63,407 | -99.2% |
| Recurring financial income | 75 | €63,930 | €523 | -€63,407 | -99.2% |
| Income from current assets | 751 | €21,693 | €0 | -€21,693 | -100.0% |
| Other financial income | 752/9 | €42,237 | €523 | -€41,714 | -98.8% |
| Financial charges | 65/66B | €228,493 | €84,364 | -€144,129 | -63.1% |
| Recurring financial charges | 65 | €228,493 | €84,364 | -€144,129 | -63.1% |
| Debt charges | 650 | €220,584 | €83,275 | -€137,309 | -62.2% |
| Other financial charges | 652/9 | €7,909 | €1,089 | -€6,820 | -86.2% |
| Profit (loss) for the period before taxes | 9903 | -€597,016 | -€201,493 | +€395,524 | +66.3% |
| Income taxes | 67/77 | €238 | €176 | -€61 | -25.9% |
| Taxes | 670/3 | €238 | €176 | -€61 | -25.9% |
| Profit (loss) for the period | 9904 | -€597,254 | -€201,669 | +€395,585 | +66.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€597,254 | -€201,669 | +€395,585 | +66.2% |
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 12 October 2026 via checked.be.