Danny Elektro: 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.
Danny Elektro
Largest movements
- Cash +€87,102
up €87,102 (+173.7%), from €50,150 to €137,252
mainly Net result for the year (+€81,088) and Tax, wage and social debts (+€10,272)
- Tangible fixed assets +€7,897
up €7,897 (+113.2%), from €6,977 to €14,874
of which Furniture and vehicles: +€8,475
- Reserves +€81,088
up €81,088 (+29.3%), from €276,415 to €357,503
- Tax, wage and social debts +€10,272
up €10,272 (+48.6%), from €21,138 to €31,410
of which Taxes: +€10,308
- Gross operating margin -€29,755
down €29,755 (-21.9%), from €135,635 to €105,880
- Taxes -€8,079
down €8,079 (-27.8%), from €29,045 to €20,965
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 | €306,198 | €395,056 | +€88,858 | +29.0% |
| Fixed assets | 21/28 | €7,477 | €15,374 | +€7,897 | +105.6% |
| Tangible fixed assets | 22/27 | €6,977 | €14,874 | +€7,897 | +113.2% |
| Plant, machinery and equipment | 23 | €716 | €138 | -€578 | -80.8% |
| Furniture and vehicles | 24 | €6,261 | €14,736 | +€8,475 | +135.4% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €298,721 | €379,682 | +€80,962 | +27.1% |
| Stocks and contracts in progress | 3 | €1,027 | €786 | -€241 | -23.5% |
| Stocks | 30/36 | €1,027 | €786 | -€241 | -23.5% |
| Amounts receivable within one year | 40/41 | €94,063 | €91,251 | -€2,812 | -3.0% |
| Trade receivables | 40 | €92,341 | €88,831 | -€3,510 | -3.8% |
| Other amounts receivable | 41 | €1,721 | €2,420 | +€699 | +40.6% |
| Current investments | 50/53 | €150,000 | €150,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €50,150 | €137,252 | +€87,102 | +173.7% |
| Deferred charges and accrued income | 490/1 | €3,481 | €394 | -€3,088 | -88.7% |
| Total equity and liabilities | 10/49 | €306,198 | €395,056 | +€88,858 | +29.0% |
| Equity | 10/15 | €279,415 | €360,503 | +€81,088 | +29.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €276,415 | €357,503 | +€81,088 | +29.3% |
| Distributable reserves | 133 | €276,415 | €357,503 | +€81,088 | +29.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €26,783 | €34,554 | +€7,771 | +29.0% |
| Amounts payable within one year | 42/48 | €26,063 | €34,554 | +€8,491 | +32.6% |
| Trade debts | 44 | €4,092 | €2,535 | -€1,557 | -38.0% |
| Suppliers | 440/4 | €4,092 | €2,535 | -€1,557 | -38.0% |
| Advances received on contracts in progress | 46 | - | €609 | +€609 | |
| Taxes, remuneration and social security | 45 | €21,138 | €31,410 | +€10,272 | +48.6% |
| Taxes | 450/3 | €17,544 | €27,852 | +€10,308 | +58.8% |
| Remuneration and social security | 454/9 | €3,594 | €3,558 | -€36 | -1.0% |
| Other amounts payable | 47/48 | €833 | €0 | -€833 | -100.0% |
| Accrued charges and deferred income | 492/3 | €720 | €0 | -€720 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,622 | €4,370 | +€748 | +20.7% |
| Other operating charges | 640/8 | €118 | €808 | +€690 | +584.9% |
| Gross operating margin | 9900 | €135,635 | €105,880 | -€29,755 | -21.9% |
| Operating profit (loss) | 9901 | €131,895 | €100,702 | -€31,193 | -23.6% |
| Financial income | 75/76B | €2,998 | €2,294 | -€704 | -23.5% |
| Recurring financial income | 75 | €2,998 | €2,294 | -€704 | -23.5% |
| Financial charges | 65/66B | €52 | €943 | +€891 | +1717.1% |
| Recurring financial charges | 65 | €52 | €943 | +€891 | +1717.1% |
| Profit (loss) for the period before taxes | 9903 | €134,841 | €102,053 | -€32,788 | -24.3% |
| Income taxes | 67/77 | €29,045 | €20,965 | -€8,079 | -27.8% |
| Profit (loss) for the period | 9904 | €105,797 | €81,088 | -€24,709 | -23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €105,797 | €81,088 | -€24,709 | -23.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.