TB ELECTRICS: what changed
Two fiscal 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.
TB ELECTRICS
Largest movements
- Cash +€12,177
up €12,177 (+1362.6%), from €894 to €13,071
mainly Depreciation (+€18,429) and Other debts (+€15,484)
- Stocks and contracts +€7,280
up €7,280 (+53.6%), from €13,582 to €20,862
- Tangible fixed assets -€3,847
down €3,847 (-3.2%), from €119,126 to €115,279
of which Leasing and similar rights: -€9,354
- Receivables within one year -€2,487
down €2,487 (-12.2%), from €20,317 to €17,830
of which Trade receivables: -€2,413
- Other debts +€15,484
up €15,484 (+58.9%), from €26,303 to €41,787
- Debts after one year -€14,256
down €14,256 (-17.4%), from €81,852 to €67,596
- Trade debts +€11,878
up €11,878 (+186.4%), from €6,374 to €18,252
- Gross operating margin +€6,941
up €6,941 (+36.0%), from €19,256 to €26,196
- Depreciation +€3,701
up €3,701 (+25.1%), from €14,728 to €18,429
- Other operating charges +€1,795
up €1,795 (+92.8%), from €1,934 to €3,728
- Financial income -€1,717
down €1,717 (-91.0%), from €1,888 to €171
- Financial charges -€309
down €309 (-10.0%), from €3,083 to €2,775
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €153,919 | €167,042 | +€13,123 | +8.5% |
| Fixed assets | 21/28 | €119,126 | €115,279 | -€3,847 | -3.2% |
| Tangible fixed assets | 22/27 | €119,126 | €115,279 | -€3,847 | -3.2% |
| Land and buildings | 22 | €67,149 | €74,709 | +€7,560 | +11.3% |
| Plant, machinery and equipment | 23 | €2,486 | €3,125 | +€639 | +25.7% |
| Furniture and vehicles | 24 | €10,101 | €7,409 | -€2,692 | -26.6% |
| Leasing and similar rights | 25 | €39,390 | €30,036 | -€9,354 | -23.7% |
| Current assets | 29/58 | €34,793 | €51,763 | +€16,970 | +48.8% |
| Stocks and contracts in progress | 3 | €13,582 | €20,862 | +€7,280 | +53.6% |
| Stocks | 30/36 | €13,582 | €20,862 | +€7,280 | +53.6% |
| Amounts receivable within one year | 40/41 | €20,317 | €17,830 | -€2,487 | -12.2% |
| Trade receivables | 40 | €14,852 | €12,439 | -€2,413 | -16.2% |
| Other amounts receivable | 41 | €5,466 | €5,391 | -€74 | -1.4% |
| Cash at bank and in hand | 54/58 | €894 | €13,071 | +€12,177 | +1362.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €153,919 | €167,042 | +€13,123 | +8.5% |
| Equity | 10/15 | €24,329 | €25,151 | +€821 | +3.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €19,329 | €20,151 | +€821 | +4.2% |
| Distributable reserves | 133 | €19,329 | €20,151 | +€821 | +4.2% |
| Amounts payable | 17/49 | €129,589 | €141,891 | +€12,302 | +9.5% |
| Amounts payable after more than one year | 17 | €81,852 | €67,596 | -€14,256 | -17.4% |
| Financial debts | 170/4 | €81,852 | €67,596 | -€14,256 | -17.4% |
| Amounts payable within one year | 42/48 | €47,738 | €74,295 | +€26,558 | +55.6% |
| Current portion of amounts payable after more than one year | 42 | €13,757 | €14,256 | +€499 | +3.6% |
| Trade debts | 44 | €6,374 | €18,252 | +€11,878 | +186.4% |
| Suppliers | 440/4 | €6,374 | €18,252 | +€11,878 | +186.4% |
| Taxes, remuneration and social security | 45 | €1,304 | €0 | -€1,304 | -100.0% |
| Taxes | 450/3 | €1,304 | €0 | -€1,304 | -100.0% |
| Other amounts payable | 47/48 | €26,303 | €41,787 | +€15,484 | +58.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,728 | €18,429 | +€3,701 | +25.1% |
| Other operating charges | 640/8 | €1,934 | €3,728 | +€1,795 | +92.8% |
| Gross operating margin | 9900 | €19,256 | €26,196 | +€6,941 | +36.0% |
| Operating profit (loss) | 9901 | €2,594 | €4,039 | +€1,445 | +55.7% |
| Financial income | 75/76B | €1,888 | €171 | -€1,717 | -91.0% |
| Recurring financial income | 75 | €1,888 | €171 | -€1,717 | -91.0% |
| Financial charges | 65/66B | €3,083 | €2,775 | -€309 | -10.0% |
| Recurring financial charges | 65 | €3,083 | €2,775 | -€309 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €1,398 | €1,435 | +€37 | +2.6% |
| Income taxes | 67/77 | €595 | €614 | +€19 | +3.2% |
| Profit (loss) for the period | 9904 | €803 | €821 | +€18 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €803 | €821 | +€18 | +2.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.