Dave Electrics: 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.
Dave Electrics
Largest movements
- Cash +€11,891
up €11,891 (+215%), from €5,538 to €17,429
mainly Receivables within one year (+€9,506) and Net result for the year (+€6,388)
- Receivables within one year -€9,506
down €9,506 (-57.2%), from €16,624 to €7,118
of which Trade receivables: -€6,693
- Tangible fixed assets -€1,951
no longer reported in 2025 (was €1,951)
- Deferred charges and accrued income -€306
down €306 (-12.7%), from €2,417 to €2,110
- Reserves +€6,388
up €6,388 (+73.2%), from €8,730 to €15,117
- Trade debts -€4,086
down €4,086 (-61.3%), from €6,660 to €2,575
- Tax, wage and social debts -€1,946
no longer reported in 2025 (was €1,946)
- Gross operating margin +€7,179
up €7,179 (+176%), from €4,074 to €11,253
- Taxes +€1,183
up €1,183 (+146%), from €808 to €1,991
- Write-downs -€132
no longer reported in 2025 (was €132)
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 | €27,335 | €27,692 | +€356 | +1.3% |
| Fixed assets | 21/28 | €1,951 | - | -€1,951 | |
| Tangible fixed assets | 22/27 | €1,951 | - | -€1,951 | |
| Furniture and vehicles | 24 | €1,951 | - | -€1,951 | |
| Current assets | 29/58 | €25,385 | €27,692 | +€2,307 | +9.1% |
| Stocks and contracts in progress | 3 | €805 | €1,034 | +€229 | +28.4% |
| Stocks | 30/36 | €805 | €1,034 | +€229 | +28.4% |
| Amounts receivable within one year | 40/41 | €16,624 | €7,118 | -€9,506 | -57.2% |
| Trade receivables | 40 | €10,980 | €4,287 | -€6,693 | -61.0% |
| Other amounts receivable | 41 | €5,645 | €2,832 | -€2,813 | -49.8% |
| Cash at bank and in hand | 54/58 | €5,538 | €17,429 | +€11,891 | +215% |
| Deferred charges and accrued income | 490/1 | €2,417 | €2,110 | -€306 | -12.7% |
| Total equity and liabilities | 10/49 | €27,335 | €27,692 | +€356 | +1.3% |
| Equity | 10/15 | €18,730 | €25,117 | +€6,388 | +34.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €8,730 | €15,117 | +€6,388 | +73.2% |
| Distributable reserves | 133 | €8,730 | €15,117 | +€6,388 | +73.2% |
| Amounts payable | 17/49 | €8,606 | €2,575 | -€6,031 | -70.1% |
| Amounts payable within one year | 42/48 | €8,606 | €2,575 | -€6,031 | -70.1% |
| Trade debts | 44 | €6,660 | €2,575 | -€4,086 | -61.3% |
| Suppliers | 440/4 | €6,660 | €2,575 | -€4,086 | -61.3% |
| Taxes, remuneration and social security | 45 | €1,946 | - | -€1,946 | |
| Remuneration and social security | 454/9 | €1,946 | - | -€1,946 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €1,951 | -€49 | -2.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €132 | - | -€132 | |
| Other operating charges | 640/8 | €279 | €388 | +€110 | +39.4% |
| Non-recurring operating charges | 66A | - | €500 | +€500 | |
| Gross operating margin | 9900 | €4,074 | €11,253 | +€7,179 | +176% |
| Operating profit (loss) | 9901 | €1,663 | €8,414 | +€6,751 | +406% |
| Financial income | 75/76B | €541 | €492 | -€48 | -8.9% |
| Recurring financial income | 75 | €541 | €492 | -€48 | -8.9% |
| Financial charges | 65/66B | €453 | €528 | +€75 | +16.5% |
| Recurring financial charges | 65 | €453 | €528 | +€75 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €1,751 | €8,378 | +€6,628 | +379% |
| Income taxes | 67/77 | €808 | €1,991 | +€1,183 | +146% |
| Profit (loss) for the period | 9904 | €943 | €6,388 | +€5,445 | +577% |
| Profit (loss) for the period to be appropriated | 9905 | €943 | €6,388 | +€5,445 | +577% |
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 14 October 2026 via checked.be.