DC ELECTRO: 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.
DC ELECTRO
Largest movements
- Cash +€21,650
up €21,650 (+63.8%), from €33,928 to €55,578
mainly Net result for the year (+€23,560) and Depreciation (+€19,874)
- Tangible fixed assets -€18,427
down €18,427 (-10.3%), from €179,286 to €160,859
- Reserves +€23,560
up €23,560 (+16.2%), from €145,757 to €169,318
- Debts after one year -€15,865
down €15,865 (-16.1%), from €98,311 to €82,447
- Current portion of long-term debt -€6,024
down €6,024 (-27.5%), from €21,889 to €15,865
- Gross operating margin +€24,443
up €24,443 (+73.3%), from €33,355 to €57,798
- Taxes +€6,951
up €6,951 (+291.7%), from €2,383 to €9,333
- Depreciation -€1,126
down €1,126 (-5.4%), from €21,000 to €19,874
- Financial income -€773
down €773 (-74.3%), from €1,040 to €267
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 | €305,106 | €311,319 | +€6,213 | +2.0% |
| Fixed assets | 21/28 | €179,286 | €160,859 | -€18,427 | -10.3% |
| Tangible fixed assets | 22/27 | €179,286 | €160,859 | -€18,427 | -10.3% |
| Land and buildings | 22 | €156,853 | €147,912 | -€8,941 | -5.7% |
| Plant, machinery and equipment | 23 | €13,993 | €10,571 | -€3,421 | -24.5% |
| Furniture and vehicles | 24 | €1,534 | €1,389 | -€145 | -9.5% |
| Leasing and similar rights | 25 | €6,906 | €987 | -€5,920 | -85.7% |
| Current assets | 29/58 | €125,820 | €150,460 | +€24,640 | +19.6% |
| Stocks and contracts in progress | 3 | €47,733 | €49,249 | +€1,516 | +3.2% |
| Stocks | 30/36 | €47,733 | €49,249 | +€1,516 | +3.2% |
| Amounts receivable within one year | 40/41 | €42,277 | €43,670 | +€1,393 | +3.3% |
| Trade receivables | 40 | €36,218 | €38,826 | +€2,607 | +7.2% |
| Other amounts receivable | 41 | €6,058 | €4,844 | -€1,214 | -20.0% |
| Cash at bank and in hand | 54/58 | €33,928 | €55,578 | +€21,650 | +63.8% |
| Deferred charges and accrued income | 490/1 | €1,883 | €1,963 | +€80 | +4.2% |
| Total equity and liabilities | 10/49 | €305,106 | €311,319 | +€6,213 | +2.0% |
| Equity | 10/15 | €166,217 | €189,778 | +€23,560 | +14.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €145,757 | €169,318 | +€23,560 | +16.2% |
| Distributable reserves | 133 | €145,757 | €169,318 | +€23,560 | +16.2% |
| Amounts payable | 17/49 | €138,889 | €121,541 | -€17,348 | -12.5% |
| Amounts payable after more than one year | 17 | €98,311 | €82,447 | -€15,865 | -16.1% |
| Financial debts | 170/4 | €98,311 | €82,447 | -€15,865 | -16.1% |
| Amounts payable within one year | 42/48 | €26,327 | €24,844 | -€1,483 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €21,889 | €15,865 | -€6,024 | -27.5% |
| Trade debts | 44 | €4,124 | €4,155 | +€31 | +0.8% |
| Suppliers | 440/4 | €4,124 | €4,155 | +€31 | +0.8% |
| Taxes, remuneration and social security | 45 | - | €1,833 | +€1,833 | |
| Taxes | 450/3 | - | €1,833 | +€1,833 | |
| Other amounts payable | 47/48 | €314 | €2,991 | +€2,677 | +851.5% |
| Accrued charges and deferred income | 492/3 | €14,250 | €14,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,000 | €19,874 | -€1,126 | -5.4% |
| Other operating charges | 640/8 | €1,925 | €1,613 | -€312 | -16.2% |
| Gross operating margin | 9900 | €33,355 | €57,798 | +€24,443 | +73.3% |
| Operating profit (loss) | 9901 | €10,430 | €36,311 | +€25,881 | +248.1% |
| Financial income | 75/76B | €1,040 | €267 | -€773 | -74.3% |
| Recurring financial income | 75 | €1,040 | €267 | -€773 | -74.3% |
| Financial charges | 65/66B | €3,638 | €3,684 | +€47 | +1.3% |
| Recurring financial charges | 65 | €3,638 | €3,684 | +€47 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €7,833 | €32,894 | +€25,061 | +320.0% |
| Income taxes | 67/77 | €2,383 | €9,333 | +€6,951 | +291.7% |
| Profit (loss) for the period | 9904 | €5,450 | €23,560 | +€18,110 | +332.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,450 | €23,560 | +€18,110 | +332.3% |
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 12 October 2026 via checked.be.