D.J.E.: 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.
What changed
D.J.E.
NACE 46.431, Wholesale of electrical household appliances and audio-video equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€403,412
2024 · €434,630-€31,218
Equity
€2.1m
2024 · €1.7m+€333,412
Cash
€52,691
2024 · €37,778+€14,912
Balance sheet total
€2.5m
2024 · €2.6m-€49,971
Largest movements
Assets
- Receivables within one year -€388,827
down €388,827 (-63.8%), from €609,901 to €221,074
of which Other amounts receivable: -€372,456
- Tangible fixed assets +€283,073
up €283,073 (+134.4%), from €210,694 to €493,767
of which Other tangible fixed assets: +€323,079
- Stocks and contracts +€38,397
up €38,397 (+2.2%), from €1.7m to €1.7m
Equity and liabilities
- Other debts -€400,250
no longer reported in 2025 (was €400,250)
- Profit (loss) carried forward +€333,412
up €333,412 (+26.1%), from €1.3m to €1.6m
- Trade debts +€32,491
up €32,491 (+13.0%), from €249,440 to €281,932
Income statement
- Gross operating margin -€24,838
down €24,838 (-2.0%), from €1.2m to €1.2m
- Staff costs +€19,341
up €19,341 (+3.0%), from €640,739 to €660,080
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
€434,630
Gross operating margin
-€24,838
Staff costs
-€19,341
Depreciation
-€4,476
Write-downs
-€650
Other operating charges
+€5,683
Financial income
+€579
Financial charges
+€3,181
Taxes
+€8,645
Result 2025
€403,412
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
+€432,945
Investment
-€348,032
Financing
-€70,000
Cash 2024
€37,778
From operations (derived)
+€432,945
Net result for the year
+€403,412
Depreciation
+€64,959
Stocks and contracts
-€38,397
Receivables within one year
+€388,827
Deferred charges and accrued income
-€2,473
Trade debts
+€32,491
Tax, wage and social debts
-€889
Advances received
-€12,216
Other debts
-€400,250
Accrued charges and deferred income
-€2,520
Investment (derived)
-€348,032
Investment in fixed assets (net)
-€348,032
Financing
-€70,000
Contributions, distributions and other
-€70,000
Cash 2025
€52,691
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,574,100 | €2,524,129 | -€49,971 | -1.9% |
| Fixed assets | 21/28 | €210,694 | €493,767 | +€283,073 | +134.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €210,694 | €493,767 | +€283,073 | +134.4% |
| Plant, machinery and equipment | 23 | €102,528 | €68,989 | -€33,539 | -32.7% |
| Furniture and vehicles | 24 | €26,125 | €19,658 | -€6,467 | -24.8% |
| Other tangible fixed assets | 26 | €82,041 | €405,120 | +€323,079 | +393.8% |
| Current assets | 29/58 | €2,363,406 | €2,030,362 | -€333,044 | -14.1% |
| Stocks and contracts in progress | 3 | €1,710,212 | €1,748,610 | +€38,397 | +2.2% |
| Stocks | 30/36 | €1,710,212 | €1,748,610 | +€38,397 | +2.2% |
| Amounts receivable within one year | 40/41 | €609,901 | €221,074 | -€388,827 | -63.8% |
| Trade receivables | 40 | €55,971 | €39,600 | -€16,371 | -29.2% |
| Other amounts receivable | 41 | €553,931 | €181,475 | -€372,456 | -67.2% |
| Cash at bank and in hand | 54/58 | €37,778 | €52,691 | +€14,912 | +39.5% |
| Deferred charges and accrued income | 490/1 | €5,514 | €7,987 | +€2,473 | +44.9% |
| Total equity and liabilities | 10/49 | €2,574,100 | €2,524,129 | -€49,971 | -1.9% |
| Equity | 10/15 | €1,729,490 | €2,062,902 | +€333,412 | +19.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €388,790 | €388,790 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €382,640 | €382,640 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,279,200 | €1,612,612 | +€333,412 | +26.1% |
| Amounts payable | 17/49 | €844,610 | €461,227 | -€383,383 | -45.4% |
| Amounts payable within one year | 42/48 | €826,925 | €446,062 | -€380,863 | -46.1% |
| Trade debts | 44 | €249,440 | €281,932 | +€32,491 | +13.0% |
| Suppliers | 440/4 | €249,440 | €281,932 | +€32,491 | +13.0% |
| Advances received on contracts in progress | 46 | €20,759 | €8,544 | -€12,216 | -58.8% |
| Taxes, remuneration and social security | 45 | €156,475 | €155,586 | -€889 | -0.6% |
| Taxes | 450/3 | €64,594 | €43,491 | -€21,103 | -32.7% |
| Remuneration and social security | 454/9 | €91,881 | €112,096 | +€20,214 | +22.0% |
| Other amounts payable | 47/48 | €400,250 | - | -€400,250 | |
| Accrued charges and deferred income | 492/3 | €17,685 | €15,165 | -€2,520 | -14.2% |
| Remuneration, social security and pensions | 62 | €640,739 | €660,080 | +€19,341 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,483 | €64,959 | +€4,476 | +7.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,749 | €3,399 | +€650 | +23.6% |
| Other operating charges | 640/8 | €24,840 | €19,157 | -€5,683 | -22.9% |
| Gross operating margin | 9900 | €1,247,831 | €1,222,993 | -€24,838 | -2.0% |
| Operating profit (loss) | 9901 | €519,020 | €475,398 | -€43,622 | -8.4% |
| Financial income | 75/76B | €76,840 | €77,419 | +€579 | +0.8% |
| Recurring financial income | 75 | €76,840 | €77,419 | +€579 | +0.8% |
| Financial charges | 65/66B | €13,928 | €10,746 | -€3,181 | -22.8% |
| Recurring financial charges | 65 | €13,928 | €10,746 | -€3,181 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €581,933 | €542,070 | -€39,862 | -6.8% |
| Income taxes | 67/77 | €147,303 | €138,658 | -€8,645 | -5.9% |
| Profit (loss) for the period | 9904 | €434,630 | €403,412 | -€31,218 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €434,630 | €403,412 | -€31,218 | -7.2% |
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 6 October 2026 via checked.be.