DALCO ELECTRO: 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.
DALCO ELECTRO
Largest movements
- Tangible fixed assets -€86,136
down €86,136 (-7.9%), from €1.1m to €1.0m
of which Land and buildings: -€55,981
- Receivables within one year +€76,683
up €76,683 (+88.7%), from €86,446 to €163,129
of which Trade receivables: +€86,644
- Deferred charges and accrued income -€23,923
down €23,923 (-73.1%), from €32,715 to €8,792
- Debts after one year -€109,658
down €109,658 (-19.3%), from €569,244 to €459,586
- Reserves +€55,918
up €55,918 (+27.0%), from €207,029 to €262,947
- Other debts +€29,059
up €29,059 (+375%), from €7,743 to €36,802
- Trade debts -€13,385
down €13,385 (-16.8%), from €79,738 to €66,353
- Staff costs -€12,662
down €12,662 (-5.6%), from €224,134 to €211,472
- Depreciation +€10,536
up €10,536 (+12.0%), from €87,558 to €98,095
- Financial charges -€7,081
down €7,081 (-32.7%), from €21,628 to €14,547
- Taxes +€5,693
up €5,693 (+24.8%), from €22,952 to €28,645
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 | €1,232,452 | €1,188,634 | -€43,819 | -3.6% |
| Fixed assets | 21/28 | €1,088,765 | €1,002,629 | -€86,136 | -7.9% |
| Tangible fixed assets | 22/27 | €1,088,726 | €1,002,590 | -€86,136 | -7.9% |
| Land and buildings | 22 | €936,013 | €880,032 | -€55,981 | -6.0% |
| Plant, machinery and equipment | 23 | €23,759 | €17,463 | -€6,296 | -26.5% |
| Furniture and vehicles | 24 | €128,954 | €105,095 | -€23,859 | -18.5% |
| Financial fixed assets | 28 | €39 | €39 | = | 0.0% |
| Current assets | 29/58 | €143,688 | €186,004 | +€42,317 | +29.5% |
| Amounts receivable within one year | 40/41 | €86,446 | €163,129 | +€76,683 | +88.7% |
| Trade receivables | 40 | €58,871 | €145,514 | +€86,644 | +147% |
| Other amounts receivable | 41 | €27,576 | €17,615 | -€9,961 | -36.1% |
| Cash at bank and in hand | 54/58 | €24,527 | €14,083 | -€10,443 | -42.6% |
| Deferred charges and accrued income | 490/1 | €32,715 | €8,792 | -€23,923 | -73.1% |
| Total equity and liabilities | 10/49 | €1,232,452 | €1,188,634 | -€43,819 | -3.6% |
| Equity | 10/15 | €437,361 | €493,279 | +€55,918 | +12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €207,029 | €262,947 | +€55,918 | +27.0% |
| Distributable reserves | 133 | €207,029 | €262,947 | +€55,918 | +27.0% |
| Profit (loss) carried forward | 14 | €211,732 | €211,732 | = | 0.0% |
| Amounts payable | 17/49 | €795,091 | €695,355 | -€99,736 | -12.5% |
| Amounts payable after more than one year | 17 | €569,244 | €459,586 | -€109,658 | -19.3% |
| Financial debts | 170/4 | €569,244 | €459,586 | -€109,658 | -19.3% |
| Amounts payable within one year | 42/48 | €218,921 | €234,562 | +€15,641 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €107,347 | €109,658 | +€2,311 | +2.2% |
| Trade debts | 44 | €79,738 | €66,353 | -€13,385 | -16.8% |
| Suppliers | 440/4 | €79,738 | €66,353 | -€13,385 | -16.8% |
| Taxes, remuneration and social security | 45 | €24,093 | €21,750 | -€2,344 | -9.7% |
| Taxes | 450/3 | €7,847 | €5,592 | -€2,255 | -28.7% |
| Remuneration and social security | 454/9 | €16,247 | €16,158 | -€88 | -0.5% |
| Other amounts payable | 47/48 | €7,743 | €36,802 | +€29,059 | +375% |
| Accrued charges and deferred income | 492/3 | €6,926 | €1,206 | -€5,720 | -82.6% |
| Remuneration, social security and pensions | 62 | €224,134 | €211,472 | -€12,662 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,558 | €98,095 | +€10,536 | +12.0% |
| Other operating charges | 640/8 | €6,130 | €5,679 | -€451 | -7.4% |
| Gross operating margin | 9900 | €409,004 | €406,492 | -€2,513 | -0.6% |
| Operating profit (loss) | 9901 | €91,182 | €91,246 | +€64 | +0.1% |
| Financial income | 75/76B | €5,568 | €7,863 | +€2,295 | +41.2% |
| Recurring financial income | 75 | €5,568 | €7,863 | +€2,295 | +41.2% |
| Financial charges | 65/66B | €21,628 | €14,547 | -€7,081 | -32.7% |
| Recurring financial charges | 65 | €21,628 | €14,547 | -€7,081 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €75,121 | €84,562 | +€9,441 | +12.6% |
| Income taxes | 67/77 | €22,952 | €28,645 | +€5,693 | +24.8% |
| Profit (loss) for the period | 9904 | €52,169 | €55,918 | +€3,748 | +7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €52,169 | €55,918 | +€3,748 | +7.2% |
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 16 October 2026 via checked.be.