D & V Elektro: 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 & V Elektro
Largest movements
- Cash -€778,221
down €778,221 (-85.4%), from €911,306 to €133,086
mainly Current investments (-€600,000) and Contributions, distributions and other (-€240,659)
- Current investments +€600,000
new in 2025: €600,000
- Reserves -€192,659
down €192,659 (-41.6%), from €462,659 to €270,000
of which Distributable reserves: -€190,659
- Tax, wage and social debts +€17,300
up €17,300 (+470%), from €3,680 to €20,980
- Financial income +€3,612
up €3,612 (+53.0%), from €6,811 to €10,423
- Gross operating margin -€2,608
down €2,608 (-3.7%), from €71,234 to €68,626
- Taxes +€1,916
up €1,916 (+10.3%), from €18,530 to €20,446
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 | €943,566 | €768,725 | -€174,841 | -18.5% |
| Fixed assets | 21/28 | €7,571 | €2,448 | -€5,123 | -67.7% |
| Tangible fixed assets | 22/27 | €7,571 | €2,448 | -€5,123 | -67.7% |
| Plant, machinery and equipment | 23 | €1,536 | €927 | -€609 | -39.7% |
| Furniture and vehicles | 24 | €6,035 | €1,521 | -€4,514 | -74.8% |
| Current assets | 29/58 | €935,996 | €766,277 | -€169,718 | -18.1% |
| Amounts receivable within one year | 40/41 | €18,507 | €23,860 | +€5,352 | +28.9% |
| Trade receivables | 40 | €13,431 | €21,122 | +€7,691 | +57.3% |
| Other amounts receivable | 41 | €5,076 | €2,738 | -€2,338 | -46.1% |
| Current investments | 50/53 | - | €600,000 | +€600,000 | |
| Cash at bank and in hand | 54/58 | €911,306 | €133,086 | -€778,221 | -85.4% |
| Deferred charges and accrued income | 490/1 | €6,182 | €9,332 | +€3,150 | +50.9% |
| Total equity and liabilities | 10/49 | €943,566 | €768,725 | -€174,841 | -18.5% |
| Equity | 10/15 | €688,368 | €499,225 | -€189,142 | -27.5% |
| Contributions | 10/11 | €20,000 | €22,000 | +€2,000 | +10.0% |
| Reserves | 13 | €462,659 | €270,000 | -€192,659 | -41.6% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | €460,659 | €270,000 | -€190,659 | -41.4% |
| Profit (loss) carried forward | 14 | €205,709 | €207,225 | +€1,516 | +0.7% |
| Amounts payable | 17/49 | €255,199 | €269,500 | +€14,301 | +5.6% |
| Amounts payable within one year | 42/48 | €255,199 | €269,500 | +€14,301 | +5.6% |
| Trade debts | 44 | €14,541 | €5,440 | -€9,101 | -62.6% |
| Suppliers | 440/4 | €14,541 | €5,440 | -€9,101 | -62.6% |
| Taxes, remuneration and social security | 45 | €3,680 | €20,980 | +€17,300 | +470% |
| Taxes | 450/3 | €3,680 | €20,980 | +€17,300 | +470% |
| Other amounts payable | 47/48 | €236,978 | €243,079 | +€6,102 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,345 | €6,171 | -€174 | -2.7% |
| Other operating charges | 640/8 | €623 | €811 | +€188 | +30.2% |
| Gross operating margin | 9900 | €71,234 | €68,626 | -€2,608 | -3.7% |
| Operating profit (loss) | 9901 | €64,266 | €61,644 | -€2,622 | -4.1% |
| Financial income | 75/76B | €6,811 | €10,423 | +€3,612 | +53.0% |
| Recurring financial income | 75 | €6,811 | €10,423 | +€3,612 | +53.0% |
| Financial charges | 65/66B | €785 | €105 | -€680 | -86.6% |
| Recurring financial charges | 65 | €785 | €105 | -€680 | -86.6% |
| Profit (loss) for the period before taxes | 9903 | €70,292 | €71,962 | +€1,670 | +2.4% |
| Income taxes | 67/77 | €18,530 | €20,446 | +€1,916 | +10.3% |
| Profit (loss) for the period | 9904 | €51,762 | €51,516 | -€246 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €51,762 | €51,516 | -€246 | -0.5% |
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 20 October 2026 via checked.be.