DAVID ELEC PRO: 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.
DAVID ELEC PRO
Largest movements
- Tangible fixed assets +€29,604
up €29,604 (+131%), from €22,584 to €52,187
- Receivables within one year +€5,305
up €5,305 (+11.3%), from €46,816 to €52,121
of which Trade receivables: +€5,434
- Cash +€2,773
up €2,773 (+136%), from €2,040 to €4,813
mainly Debts after one year (+€17,405) and Net result for the year (+€16,790)
- Stocks and contracts -€1,534
down €1,534 (-66.4%), from €2,311 to €777
- Debts after one year +€17,405
up €17,405 (+144%), from €12,047 to €29,452
- Current portion of long-term debt +€8,871
up €8,871 (+170%), from €5,231 to €14,102
- Trade debts +€4,809
up €4,809 (+241%), from €1,994 to €6,803
- Profit (loss) carried forward +€4,790
up €4,790 (+11.7%), from €40,907 to €45,697
- Depreciation +€5,311
up €5,311 (+94.5%), from €5,617 to €10,928
- Other operating charges -€4,018
down €4,018 (-81.1%), from €4,954 to €936
- Financial income +€1,369
up €1,369 (+233%), from €588 to €1,957
- Gross operating margin -€1,244
down €1,244 (-3.4%), from €36,185 to €34,941
- Financial charges +€1,052
up €1,052 (+94.0%), from €1,118 to €2,170
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 | €75,786 | €111,699 | +€35,913 | +47.4% |
| Formation expenses | 20 | €915 | €565 | -€350 | -38.2% |
| Fixed assets | 21/28 | €22,584 | €52,187 | +€29,604 | +131% |
| Tangible fixed assets | 22/27 | €22,584 | €52,187 | +€29,604 | +131% |
| Furniture and vehicles | 24 | €22,584 | €52,187 | +€29,604 | +131% |
| Current assets | 29/58 | €52,288 | €58,947 | +€6,659 | +12.7% |
| Stocks and contracts in progress | 3 | €2,311 | €777 | -€1,534 | -66.4% |
| Stocks | 30/36 | €2,311 | €777 | -€1,534 | -66.4% |
| Amounts receivable within one year | 40/41 | €46,816 | €52,121 | +€5,305 | +11.3% |
| Trade receivables | 40 | €6,734 | €12,168 | +€5,434 | +80.7% |
| Other amounts receivable | 41 | €40,082 | €39,953 | -€129 | -0.3% |
| Cash at bank and in hand | 54/58 | €2,040 | €4,813 | +€2,773 | +136% |
| Deferred charges and accrued income | 490/1 | €1,121 | €1,237 | +€116 | +10.3% |
| Total equity and liabilities | 10/49 | €75,786 | €111,699 | +€35,913 | +47.4% |
| Equity | 10/15 | €45,907 | €50,697 | +€4,790 | +10.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,907 | €45,697 | +€4,790 | +11.7% |
| Amounts payable | 17/49 | €29,879 | €61,003 | +€31,123 | +104% |
| Amounts payable after more than one year | 17 | €12,047 | €29,452 | +€17,405 | +144% |
| Financial debts | 170/4 | €12,047 | €29,452 | +€17,405 | +144% |
| Amounts payable within one year | 42/48 | €17,832 | €31,550 | +€13,718 | +76.9% |
| Current portion of amounts payable after more than one year | 42 | €5,231 | €14,102 | +€8,871 | +170% |
| Trade debts | 44 | €1,994 | €6,803 | +€4,809 | +241% |
| Suppliers | 440/4 | €1,994 | €6,803 | +€4,809 | +241% |
| Taxes, remuneration and social security | 45 | €10,607 | €10,645 | +€38 | +0.4% |
| Taxes | 450/3 | €10,607 | €8,145 | -€2,462 | -23.2% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,617 | €10,928 | +€5,311 | +94.5% |
| Other operating charges | 640/8 | €4,954 | €936 | -€4,018 | -81.1% |
| Gross operating margin | 9900 | €36,185 | €34,941 | -€1,244 | -3.4% |
| Operating profit (loss) | 9901 | €25,614 | €23,077 | -€2,536 | -9.9% |
| Financial income | 75/76B | €588 | €1,957 | +€1,369 | +233% |
| Recurring financial income | 75 | €588 | €1,957 | +€1,369 | +233% |
| Financial charges | 65/66B | €1,118 | €2,170 | +€1,052 | +94.0% |
| Recurring financial charges | 65 | €1,118 | €2,170 | +€1,052 | +94.0% |
| Profit (loss) for the period before taxes | 9903 | €25,083 | €22,864 | -€2,219 | -8.8% |
| Income taxes | 67/77 | €6,271 | €6,074 | -€196 | -3.1% |
| Profit (loss) for the period | 9904 | €18,813 | €16,790 | -€2,023 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,813 | €16,790 | -€2,023 | -10.8% |
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 13 October 2026 via checked.be.