D-Electric Solutions: 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.
D-Electric Solutions
Largest movements
- Financial fixed assets +€50,000
new in 2025: €50,000
- Cash +€14,294
up €14,294 (+13.8%), from €103,921 to €118,215
mainly Other debts (+€95,760) and Net result for the year (+€74,187)
- Receivables within one year -€7,018
down €7,018 (-100%), from €7,018 to €0
- Tangible fixed assets +€5,686
up €5,686 (+17.9%), from €31,823 to €37,509
of which Plant, machinery and equipment: +€2,873
- Other debts +€95,760
up €95,760 (+98.2%), from €97,559 to €193,319
- Reserves -€22,972
down €22,972 (-100%), from €22,972 to €0
- Current portion of long-term debt -€5,181
down €5,181 (-100%), from €5,181 to €0
- Accrued charges and deferred income -€3,913
down €3,913 (-100%), from €3,913 to €0
- Tax, wage and social debts -€2,219
down €2,219 (-19.4%), from €11,437 to €9,218
of which Taxes: -€4,611
- Gross operating margin +€60,386
up €60,386 (+134%), from €44,932 to €105,318
- Taxes +€13,520
up €13,520 (+219%), from €6,161 to €19,681
- Financial charges -€3,999
down €3,999 (-89.8%), from €4,454 to €455
- Depreciation -€3,510
down €3,510 (-32.9%), from €10,662 to €7,152
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 | €145,062 | €208,245 | +€63,183 | +43.6% |
| Fixed assets | 21/28 | €31,823 | €87,509 | +€55,686 | +175% |
| Tangible fixed assets | 22/27 | €31,823 | €37,509 | +€5,686 | +17.9% |
| Plant, machinery and equipment | 23 | €2,534 | €5,406 | +€2,873 | +113% |
| Furniture and vehicles | 24 | €29,289 | €32,103 | +€2,814 | +9.6% |
| Financial fixed assets | 28 | - | €50,000 | +€50,000 | |
| Current assets | 29/58 | €113,239 | €120,736 | +€7,497 | +6.6% |
| Amounts receivable within one year | 40/41 | €7,018 | €0 | -€7,018 | -100% |
| Trade receivables | 40 | €7,018 | €0 | -€7,018 | -100% |
| Cash at bank and in hand | 54/58 | €103,921 | €118,215 | +€14,294 | +13.8% |
| Deferred charges and accrued income | 490/1 | €2,300 | €2,521 | +€221 | +9.6% |
| Total equity and liabilities | 10/49 | €145,062 | €208,245 | +€63,183 | +43.6% |
| Equity | 10/15 | €26,972 | €4,000 | -€22,972 | -85.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €22,972 | €0 | -€22,972 | -100% |
| Distributable reserves | 133 | €22,972 | €0 | -€22,972 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €118,090 | €204,245 | +€86,155 | +73.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €114,176 | €204,245 | +€90,069 | +78.9% |
| Current portion of amounts payable after more than one year | 42 | €5,181 | €0 | -€5,181 | -100% |
| Trade debts | 44 | €0 | €1,708 | +€1,708 | |
| Suppliers | 440/4 | €0 | €1,708 | +€1,708 | |
| Taxes, remuneration and social security | 45 | €11,437 | €9,218 | -€2,219 | -19.4% |
| Taxes | 450/3 | €11,437 | €6,826 | -€4,611 | -40.3% |
| Remuneration and social security | 454/9 | - | €2,392 | +€2,392 | |
| Other amounts payable | 47/48 | €97,559 | €193,319 | +€95,760 | +98.2% |
| Accrued charges and deferred income | 492/3 | €3,913 | €0 | -€3,913 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,662 | €7,152 | -€3,510 | -32.9% |
| Other operating charges | 640/8 | €683 | €1,084 | +€401 | +58.8% |
| Non-recurring operating charges | 66A | - | €2,760 | +€2,760 | |
| Gross operating margin | 9900 | €44,932 | €105,318 | +€60,386 | +134% |
| Operating profit (loss) | 9901 | €33,587 | €94,322 | +€60,735 | +181% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,454 | €455 | -€3,999 | -89.8% |
| Recurring financial charges | 65 | €4,454 | €455 | -€3,999 | -89.8% |
| Profit (loss) for the period before taxes | 9903 | €29,133 | €93,868 | +€64,735 | +222% |
| Income taxes | 67/77 | €6,161 | €19,681 | +€13,520 | +219% |
| Profit (loss) for the period | 9904 | €22,972 | €74,187 | +€51,215 | +223% |
| Profit (loss) for the period to be appropriated | 9905 | €22,972 | €74,187 | +€51,215 | +223% |
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 15 October 2026 via checked.be.