D & M ELECTRONIC SYSTEMS: 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.
D & M ELECTRONIC SYSTEMS
Largest movements
- Cash +€11,607
up €11,607 (+113.7%), from €10,205 to €21,812
mainly Net result for the year (+€20,817) and Other debts (+€8,253)
- Receivables within one year +€9,896
up €9,896 (+24.1%), from €41,014 to €50,910
- Stocks and contracts -€2,829
down €2,829 (-64.6%), from €4,380 to €1,551
- Profit (loss) carried forward +€20,817
up €20,817 (+1894.2%), from €1,099 to €21,916
- Trade debts -€13,770
down €13,770 (-88.1%), from €15,638 to €1,868
- Other debts +€8,253
up €8,253 (+234.9%), from €3,514 to €11,767
- Accrued charges and deferred income +€1,344
up €1,344 (+57.0%), from €2,359 to €3,703
- Gross operating margin +€17,762
up €17,762 (+394.1%), from €4,507 to €22,269
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 | €57,808 | €74,863 | +€17,055 | +29.5% |
| Fixed assets | 21/28 | €1,515 | €590 | -€925 | -61.1% |
| Intangible fixed assets | 21 | €192 | - | -€192 | |
| Tangible fixed assets | 22/27 | €1,323 | €590 | -€733 | -55.4% |
| Furniture and vehicles | 24 | €1,323 | €590 | -€733 | -55.4% |
| Current assets | 29/58 | €56,293 | €74,273 | +€17,980 | +31.9% |
| Stocks and contracts in progress | 3 | €4,380 | €1,551 | -€2,829 | -64.6% |
| Stocks | 30/36 | €4,380 | €1,551 | -€2,829 | -64.6% |
| Amounts receivable within one year | 40/41 | €41,014 | €50,910 | +€9,896 | +24.1% |
| Trade receivables | 40 | €41,014 | €50,910 | +€9,896 | +24.1% |
| Cash at bank and in hand | 54/58 | €10,205 | €21,812 | +€11,607 | +113.7% |
| Deferred charges and accrued income | 490/1 | €694 | - | -€694 | |
| Total equity and liabilities | 10/49 | €57,808 | €74,863 | +€17,055 | +29.5% |
| Equity | 10/15 | €12,959 | €33,776 | +€20,817 | +160.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,099 | €21,916 | +€20,817 | +1894.2% |
| Amounts payable | 17/49 | €44,849 | €41,087 | -€3,762 | -8.4% |
| Amounts payable within one year | 42/48 | €42,490 | €37,384 | -€5,106 | -12.0% |
| Trade debts | 44 | €15,638 | €1,868 | -€13,770 | -88.1% |
| Suppliers | 440/4 | €15,638 | €1,868 | -€13,770 | -88.1% |
| Taxes, remuneration and social security | 45 | €23,338 | €23,749 | +€411 | +1.8% |
| Taxes | 450/3 | €1,329 | €1,740 | +€411 | +30.9% |
| Remuneration and social security | 454/9 | €22,009 | €22,009 | = | 0.0% |
| Other amounts payable | 47/48 | €3,514 | €11,767 | +€8,253 | +234.9% |
| Accrued charges and deferred income | 492/3 | €2,359 | €3,703 | +€1,344 | +57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €960 | €925 | -€35 | -3.6% |
| Other operating charges | 640/8 | €540 | €394 | -€146 | -27.0% |
| Gross operating margin | 9900 | €4,507 | €22,269 | +€17,762 | +394.1% |
| Operating profit (loss) | 9901 | €3,007 | €20,950 | +€17,943 | +596.7% |
| Financial charges | 65/66B | €121 | €133 | +€12 | +9.9% |
| Recurring financial charges | 65 | €121 | €133 | +€12 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €2,886 | €20,817 | +€17,931 | +621.3% |
| Profit (loss) for the period | 9904 | €2,886 | €20,817 | +€17,931 | +621.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,886 | €20,817 | +€17,931 | +621.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.