Danfoss Power Solutions: 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.
Danfoss Power Solutions
Largest movements
- Receivables within one year -€45,233
down €45,233 (-1.9%), from €2.4m to €2.3m
of which Other amounts receivable: -€404,841
- Other debts -€293,000
down €293,000 (-42.9%), from €683,000 to €390,000
- Trade debts +€145,033
up €145,033 (+129%), from €112,262 to €257,295
- Tax, wage and social debts +€74,120
up €74,120 (+18.5%), from €400,147 to €474,267
of which Remuneration and social security: +€58,372
- Profit (loss) carried forward +€26,228
up €26,228 (+47.6%), from €55,151 to €81,379
- Gross operating margin +€193,722
up €193,722 (+10.8%), from €1.8m to €2.0m
- Taxes +€56,864
up €56,864 (+60.9%), from €93,387 to €150,251
- Other operating charges -€40,694
down €40,694 (-13.1%), from €310,999 to €270,305
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,434,888 | €2,383,596 | -€51,292 | -2.1% |
| Fixed assets | 21/28 | €22,195 | €8,418 | -€13,777 | -62.1% |
| Intangible fixed assets | 21 | €21,307 | €7,875 | -€13,432 | -63.0% |
| Tangible fixed assets | 22/27 | €888 | €543 | -€345 | -38.8% |
| Plant, machinery and equipment | 23 | €888 | €543 | -€345 | -38.8% |
| Current assets | 29/58 | €2,412,693 | €2,375,178 | -€37,515 | -1.6% |
| Amounts receivable within one year | 40/41 | €2,384,919 | €2,339,686 | -€45,233 | -1.9% |
| Trade receivables | 40 | €1,885,917 | €2,245,525 | +€359,608 | +19.1% |
| Other amounts receivable | 41 | €499,002 | €94,161 | -€404,841 | -81.1% |
| Deferred charges and accrued income | 490/1 | €27,774 | €35,492 | +€7,718 | +27.8% |
| Total equity and liabilities | 10/49 | €2,434,888 | €2,383,596 | -€51,292 | -2.1% |
| Equity | 10/15 | €1,235,807 | €1,262,034 | +€26,227 | +2.1% |
| Contributions | 10/11 | €1,072,584 | €1,072,584 | = | 0.0% |
| Reserves | 13 | €108,072 | €108,071 | -€1 | 0.0% |
| Non-distributable reserves | 130/1 | €107,258 | €107,258 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €107,258 | €107,258 | -€0 | 0.0% |
| Tax-exempt reserves | 132 | €813 | €813 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €55,151 | €81,379 | +€26,228 | +47.6% |
| Amounts payable | 17/49 | €1,199,081 | €1,121,562 | -€77,519 | -6.5% |
| Amounts payable within one year | 42/48 | €1,195,408 | €1,121,562 | -€73,846 | -6.2% |
| Trade debts | 44 | €112,262 | €257,295 | +€145,033 | +129% |
| Suppliers | 440/4 | €112,262 | €257,295 | +€145,033 | +129% |
| Taxes, remuneration and social security | 45 | €400,147 | €474,267 | +€74,120 | +18.5% |
| Taxes | 450/3 | €168,432 | €184,180 | +€15,748 | +9.3% |
| Remuneration and social security | 454/9 | €231,715 | €290,087 | +€58,372 | +25.2% |
| Other amounts payable | 47/48 | €683,000 | €390,000 | -€293,000 | -42.9% |
| Accrued charges and deferred income | 492/3 | €3,673 | - | -€3,673 | |
| Remuneration, social security and pensions | 62 | €1,044,923 | €1,044,201 | -€722 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,575 | €13,776 | +€201 | +1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,161 | - | -€2,161 | |
| Other operating charges | 640/8 | €310,999 | €270,305 | -€40,694 | -13.1% |
| Gross operating margin | 9900 | €1,793,751 | €1,987,473 | +€193,722 | +10.8% |
| Operating profit (loss) | 9901 | €422,093 | €659,191 | +€237,098 | +56.2% |
| Financial income | 75/76B | €76 | €508 | +€432 | +568% |
| Recurring financial income | 75 | €76 | €508 | +€432 | +568% |
| Financial charges | 65/66B | €73,955 | €93,220 | +€19,265 | +26.0% |
| Recurring financial charges | 65 | €73,955 | €93,220 | +€19,265 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €348,214 | €566,479 | +€218,265 | +62.7% |
| Income taxes | 67/77 | €93,387 | €150,251 | +€56,864 | +60.9% |
| Profit (loss) for the period | 9904 | €254,827 | €416,228 | +€161,401 | +63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €254,827 | €416,228 | +€161,401 | +63.3% |
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 21 October 2026 via checked.be.