DC2B: what changed
What changed
DC2B
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€98,697
2024 · €104,834-€6,137
Equity
€507,964
2024 · €409,267+€98,697
Cash
€6,551
2024 · €11,833-€5,282
Balance sheet total
€641,257
2024 · €552,819+€88,439
Largest movements
Assets
- Receivables within one year +€69,834
up €69,834 (+13.5%), from €517,604 to €587,438
of which Trade receivables: +€131,592
- Deferred charges and accrued income +€17,159
up €17,159 (+289%), from €5,931 to €23,090
- Stocks and contracts +€7,117
up €7,117 (+46.5%), from €15,293 to €22,411
Equity and liabilities
- Reserves +€99,000
up €99,000 (+28.6%), from €346,300 to €445,300
of which Distributable reserves: +€99,000
- Tax, wage and social debts -€38,555
down €38,555 (-41.8%), from €92,302 to €53,747
of which Taxes: -€37,940
- Trade debts +€26,824
up €26,824 (+52.4%), from €51,167 to €77,991
Income statement
- Staff costs +€47,623
up €47,623 (+16.5%), from €288,071 to €335,694
- Gross operating margin +€41,588
up €41,588 (+9.7%), from €429,361 to €470,949
- Purchases and services -€34,361
down €34,361 (-5.8%), from €592,063 to €557,701
- Turnover +€11,459
up €11,459 (+1.1%), from €1.0m to €1.0m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€104,834
Gross operating margin
+€41,588
Staff costs
-€47,623
Depreciation
+€211
Write-downs
-€1,556
Other operating charges
-€2,232
Other operating items
+€379
Financial income
+€4,446
Financial charges
-€1,564
Taxes
+€215
Result 2025
€98,697
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€4,804
Investment
-€479
Financing
€0
Cash 2024
€11,833
From operations (derived)
-€4,804
Net result for the year
+€98,697
Depreciation
+€867
Stocks and contracts
-€7,117
Receivables within one year
-€69,834
Deferred charges and accrued income
-€17,159
Provisions
+€1,556
Trade debts
+€26,824
Tax, wage and social debts
-€38,555
Accrued charges and deferred income
-€83
Investment (derived)
-€479
Investment in fixed assets (net)
-€479
Cash 2025
€6,551
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €552,819 | €641,257 | +€88,439 | +16.0% |
| Fixed assets | 21/28 | €2,157 | €1,769 | -€389 | -18.0% |
| Tangible fixed assets | 22/27 | €2,157 | €1,769 | -€389 | -18.0% |
| Plant, machinery and equipment | 23 | €178 | €438 | +€261 | +147% |
| Furniture and vehicles | 24 | €1,980 | €1,330 | -€649 | -32.8% |
| Current assets | 29/58 | €550,662 | €639,489 | +€88,827 | +16.1% |
| Stocks and contracts in progress | 3 | €15,293 | €22,411 | +€7,117 | +46.5% |
| Stocks | 30/36 | €15,293 | €22,411 | +€7,117 | +46.5% |
| Amounts receivable within one year | 40/41 | €517,604 | €587,438 | +€69,834 | +13.5% |
| Trade receivables | 40 | €112,454 | €244,047 | +€131,592 | +117% |
| Other amounts receivable | 41 | €405,150 | €343,391 | -€61,759 | -15.2% |
| Cash at bank and in hand | 54/58 | €11,833 | €6,551 | -€5,282 | -44.6% |
| Deferred charges and accrued income | 490/1 | €5,931 | €23,090 | +€17,159 | +289% |
| Total equity and liabilities | 10/49 | €552,819 | €641,257 | +€88,439 | +16.0% |
| Equity | 10/15 | €409,267 | €507,964 | +€98,697 | +24.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €346,300 | €445,300 | +€99,000 | +28.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,100 | €42,100 | = | 0.0% |
| Distributable reserves | 133 | €298,000 | €397,000 | +€99,000 | +33.2% |
| Profit (loss) carried forward | 14 | €967 | €664 | -€303 | -31.3% |
| Provisions and deferred taxes | 16 | - | €1,556 | +€1,556 | |
| Provisions for liabilities and charges | 160/5 | - | €1,556 | +€1,556 | |
| Pensions and similar obligations | 160 | - | €1,556 | +€1,556 | |
| Amounts payable | 17/49 | €143,552 | €131,738 | -€11,814 | -8.2% |
| Amounts payable within one year | 42/48 | €143,469 | €131,738 | -€11,731 | -8.2% |
| Trade debts | 44 | €51,167 | €77,991 | +€26,824 | +52.4% |
| Suppliers | 440/4 | €51,167 | €77,991 | +€26,824 | +52.4% |
| Taxes, remuneration and social security | 45 | €92,302 | €53,747 | -€38,555 | -41.8% |
| Taxes | 450/3 | €53,497 | €15,557 | -€37,940 | -70.9% |
| Remuneration and social security | 454/9 | €38,805 | €38,190 | -€616 | -1.6% |
| Accrued charges and deferred income | 492/3 | €83 | - | -€83 | |
| Turnover | 70 | €1,009,693 | €1,021,152 | +€11,459 | +1.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €592,063 | €557,701 | -€34,361 | -5.8% |
| Remuneration, social security and pensions | 62 | €288,071 | €335,694 | +€47,623 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,078 | €867 | -€211 | -19.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,556 | +€1,556 | |
| Other operating charges | 640/8 | €1,453 | €3,686 | +€2,232 | +154% |
| Non-recurring operating charges | 66A | €379 | - | -€379 | |
| Gross operating margin | 9900 | €429,361 | €470,949 | +€41,588 | +9.7% |
| Operating profit (loss) | 9901 | €138,380 | €129,146 | -€9,234 | -6.7% |
| Financial income | 75/76B | €7,476 | €11,922 | +€4,446 | +59.5% |
| Recurring financial income | 75 | €7,476 | €7,080 | -€396 | -5.3% |
| Non-recurring financial income | 76B | - | €4,842 | +€4,842 | |
| Financial charges | 65/66B | €2,647 | €4,211 | +€1,564 | +59.1% |
| Recurring financial charges | 65 | €2,647 | €4,211 | +€1,564 | +59.1% |
| Profit (loss) for the period before taxes | 9903 | €143,209 | €136,857 | -€6,352 | -4.4% |
| Income taxes | 67/77 | €38,375 | €38,160 | -€215 | -0.6% |
| Profit (loss) for the period | 9904 | €104,834 | €98,697 | -€6,137 | -5.9% |
| Transfer to tax-exempt reserves | 689 | €42,100 | - | -€42,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,734 | €98,697 | +€35,963 | +57.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.