T&R ELEC: what changed
T&R ELEC
Largest movements
- Tangible fixed assets -€13,565
down €13,565 (-53.7%), from €25,251 to €11,686
- Cash +€1,732
up €1,732 (+140%), from €1,240 to €2,971
mainly Depreciation (+€13,565) and Other debts (+€5,465)
- Receivables within one year -€976
down €976 (-1.9%), from €51,584 to €50,608
of which Trade receivables: -€32,455
- Current portion of long-term debt -€12,839
down €12,839 (-94.6%), from €13,567 to €728
- Profit (loss) carried forward -€7,558
down €7,558 (-24.4%), from €31,015 to €23,457
- Other debts +€5,465
up €5,465 (+289%), from €1,890 to €7,355
- Trade debts +€3,613
up €3,613 (+45.3%), from €7,977 to €11,590
- Write-downs +€49,258
new in 2025: €49,258
- Staff costs -€18,883
no longer reported in 2025 (was €18,883)
- Gross operating margin +€16,373
up €16,373 (+41.0%), from €39,898 to €56,271
- Depreciation -€3,276
down €3,276 (-19.5%), from €16,841 to €13,565
- Other operating charges -€2,872
down €2,872 (-87.0%), from €3,299 to €428
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 | €78,074 | €65,265 | -€12,809 | -16.4% |
| Fixed assets | 21/28 | €25,251 | €11,686 | -€13,565 | -53.7% |
| Tangible fixed assets | 22/27 | €25,251 | €11,686 | -€13,565 | -53.7% |
| Furniture and vehicles | 24 | €25,251 | €11,686 | -€13,565 | -53.7% |
| Current assets | 29/58 | €52,824 | €53,579 | +€756 | +1.4% |
| Amounts receivable within one year | 40/41 | €51,584 | €50,608 | -€976 | -1.9% |
| Trade receivables | 40 | €49,004 | €16,549 | -€32,455 | -66.2% |
| Other amounts receivable | 41 | €2,580 | €34,059 | +€31,479 | +1,220% |
| Cash at bank and in hand | 54/58 | €1,240 | €2,971 | +€1,732 | +140% |
| Total equity and liabilities | 10/49 | €78,074 | €65,265 | -€12,809 | -16.4% |
| Equity | 10/15 | €49,615 | €42,057 | -€7,558 | -15.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,015 | €23,457 | -€7,558 | -24.4% |
| Amounts payable | 17/49 | €28,459 | €23,208 | -€5,251 | -18.5% |
| Amounts payable after more than one year | 17 | €728 | - | -€728 | |
| Financial debts | 170/4 | €728 | - | -€728 | |
| Amounts payable within one year | 42/48 | €27,731 | €23,208 | -€4,523 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €13,567 | €728 | -€12,839 | -94.6% |
| Trade debts | 44 | €7,977 | €11,590 | +€3,613 | +45.3% |
| Suppliers | 440/4 | €7,977 | €11,590 | +€3,613 | +45.3% |
| Taxes, remuneration and social security | 45 | €4,297 | €3,535 | -€762 | -17.7% |
| Taxes | 450/3 | €780 | - | -€780 | |
| Remuneration and social security | 454/9 | €3,517 | €3,535 | +€18 | +0.5% |
| Other amounts payable | 47/48 | €1,890 | €7,355 | +€5,465 | +289% |
| Non-recurring operating income | 76A | - | €3,518 | +€3,518 | |
| Remuneration, social security and pensions | 62 | €18,883 | - | -€18,883 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,841 | €13,565 | -€3,276 | -19.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €49,258 | +€49,258 | |
| Other operating charges | 640/8 | €3,299 | €428 | -€2,872 | -87.0% |
| Non-recurring operating charges | 66A | €63 | €63 | +€0 | +0.5% |
| Gross operating margin | 9900 | €39,898 | €56,271 | +€16,373 | +41.0% |
| Operating profit (loss) | 9901 | €811 | -€7,043 | -€7,854 | |
| Financial income | 75/76B | €69 | - | -€69 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Non-recurring financial income | 76B | €65 | - | -€65 | |
| Financial charges | 65/66B | €513 | €515 | +€2 | +0.4% |
| Recurring financial charges | 65 | €513 | €515 | +€2 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €367 | -€7,558 | -€7,925 | |
| Profit (loss) for the period | 9904 | €367 | -€7,558 | -€7,925 | |
| Profit (loss) for the period to be appropriated | 9905 | €367 | -€7,558 | -€7,925 |
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 5 November 2026 via checked.be.