Dancal 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.
Dancal Elektro
Largest movements
- Stocks and contracts -€111,744
down €111,744 (-20.6%), from €542,604 to €430,860
- Cash +€65,404
up €65,404 (+187%), from €34,895 to €100,299
mainly Short-term financial debts (+€200,000) and Stocks and contracts (+€111,744)
- Receivables within one year +€43,624
up €43,624 (+17.5%), from €249,417 to €293,041
of which Trade receivables: +€25,565
- Tangible fixed assets -€43,225
down €43,225 (-10.1%), from €426,007 to €382,782
of which Land and buildings: -€24,819
- Short-term financial debts +€200,000
up €200,000 (+200%), from €100,000 to €300,000
- Trade debts -€157,252
down €157,252 (-50.2%), from €313,368 to €156,116
- Debts after one year -€51,889
down €51,889 (-17.5%), from €296,800 to €244,911
- Reserves -€42,500
down €42,500 (-13.2%), from €323,110 to €280,610
of which Distributable reserves: -€42,500
- Profit (loss) carried forward +€14,297
up €14,297 (+23.3%), from -€61,354 to -€47,058
- Financial charges -€11,013
down €11,013 (-24.0%), from €45,797 to €34,784
- Write-downs +€7,124
up €7,124 (+54.7%), from -€13,023 to -€5,899
- Other operating charges -€6,987
down €6,987 (-25.5%), from €27,375 to €20,387
- Gross operating margin +€2,588
up €2,588 (+2.4%), from €108,290 to €110,878
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 | €1,288,251 | €1,233,646 | -€54,604 | -4.2% |
| Fixed assets | 21/28 | €430,951 | €390,806 | -€40,145 | -9.3% |
| Intangible fixed assets | 21 | €4,944 | €8,025 | +€3,080 | +62.3% |
| Tangible fixed assets | 22/27 | €426,007 | €382,782 | -€43,225 | -10.1% |
| Land and buildings | 22 | €388,624 | €363,805 | -€24,819 | -6.4% |
| Plant, machinery and equipment | 23 | €1,156 | €0 | -€1,156 | -100% |
| Furniture and vehicles | 24 | €36,226 | €18,977 | -€17,250 | -47.6% |
| Current assets | 29/58 | €857,299 | €842,840 | -€14,459 | -1.7% |
| Amounts receivable after more than one year | 29 | €22,187 | €9,687 | -€12,500 | -56.3% |
| Other amounts receivable | 291 | €22,187 | €9,687 | -€12,500 | -56.3% |
| Stocks and contracts in progress | 3 | €542,604 | €430,860 | -€111,744 | -20.6% |
| Stocks | 30/36 | €542,604 | €430,860 | -€111,744 | -20.6% |
| Amounts receivable within one year | 40/41 | €249,417 | €293,041 | +€43,624 | +17.5% |
| Trade receivables | 40 | €236,672 | €262,237 | +€25,565 | +10.8% |
| Other amounts receivable | 41 | €12,745 | €30,805 | +€18,059 | +142% |
| Cash at bank and in hand | 54/58 | €34,895 | €100,299 | +€65,404 | +187% |
| Deferred charges and accrued income | 490/1 | €8,196 | €8,953 | +€757 | +9.2% |
| Total equity and liabilities | 10/49 | €1,288,251 | €1,233,646 | -€54,604 | -4.2% |
| Equity | 10/15 | €435,955 | €407,752 | -€28,203 | -6.5% |
| Contributions | 10/11 | €174,200 | €174,200 | = | 0.0% |
| Reserves | 13 | €323,110 | €280,610 | -€42,500 | -13.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €321,250 | €278,750 | -€42,500 | -13.2% |
| Profit (loss) carried forward | 14 | -€61,354 | -€47,058 | +€14,297 | +23.3% |
| Amounts payable | 17/49 | €852,295 | €825,894 | -€26,401 | -3.1% |
| Amounts payable after more than one year | 17 | €296,800 | €244,911 | -€51,889 | -17.5% |
| Financial debts | 170/4 | €296,800 | €244,911 | -€51,889 | -17.5% |
| Amounts payable within one year | 42/48 | €531,261 | €562,741 | +€31,480 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €53,326 | €54,232 | +€906 | +1.7% |
| Financial debts | 43 | €100,000 | €300,000 | +€200,000 | +200% |
| Credit institutions | 430/8 | €100,000 | €300,000 | +€200,000 | +200% |
| Trade debts | 44 | €313,368 | €156,116 | -€157,252 | -50.2% |
| Suppliers | 440/4 | €313,368 | €156,116 | -€157,252 | -50.2% |
| Taxes, remuneration and social security | 45 | €42,973 | €30,799 | -€12,174 | -28.3% |
| Taxes | 450/3 | €42,973 | €30,799 | -€12,174 | -28.3% |
| Other amounts payable | 47/48 | €21,594 | €21,594 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €24,234 | €18,243 | -€5,991 | -24.7% |
| Non-recurring operating income | 76A | €0 | €50 | +€50 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,581 | €48,915 | +€333 | +0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13,023 | -€5,899 | +€7,124 | +54.7% |
| Other operating charges | 640/8 | €27,375 | €20,387 | -€6,987 | -25.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €108,290 | €110,878 | +€2,588 | +2.4% |
| Operating profit (loss) | 9901 | €45,357 | €47,475 | +€2,118 | +4.7% |
| Financial income | 75/76B | €2,402 | €1,986 | -€415 | -17.3% |
| Recurring financial income | 75 | €2,402 | €1,986 | -€415 | -17.3% |
| Financial charges | 65/66B | €45,797 | €34,784 | -€11,013 | -24.0% |
| Recurring financial charges | 65 | €45,797 | €34,784 | -€11,013 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €1,961 | €14,678 | +€12,716 | +648% |
| Income taxes | 67/77 | €394 | €381 | -€13 | -3.4% |
| Profit (loss) for the period | 9904 | €1,567 | €14,297 | +€12,730 | +812% |
| Profit (loss) for the period to be appropriated | 9905 | €1,567 | €14,297 | +€12,730 | +812% |
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 31 October 2026 via checked.be.