DCELEC & PLUS: 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.
DCELEC & PLUS
Largest movements
- Receivables within one year +€57,646
up €57,646 (+654.9%), from €8,803 to €66,448
of which Other amounts receivable: +€52,551
- Cash -€46,013
down €46,013 (-90.5%), from €50,849 to €4,836
mainly Receivables within one year (-€57,646) and Other debts (-€20,641)
- Tangible fixed assets +€12,174
up €12,174 (+171.0%), from €7,119 to €19,293
of which Furniture and vehicles: +€14,240
- Profit (loss) carried forward +€21,933
up €21,933 (+99.5%), from €22,050 to €43,983
- Other debts -€20,641
no longer reported in 2025 (was €20,641)
- Debts after one year +€9,746
up €9,746 (+183.7%), from €5,306 to €15,052
- Tax, wage and social debts +€5,935
up €5,935 (+99.5%), from €5,963 to €11,899
of which Taxes: +€5,935
- Trade debts +€4,469
up €4,469 (+54.6%), from €8,180 to €12,649
- Financial income +€1,262
new in 2025: €1,262
of which Financial income: +€1,227
- Depreciation +€799
up €799 (+38.7%), from €2,067 to €2,866
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 | €66,770 | €91,040 | +€24,270 | +36.3% |
| Fixed assets | 21/28 | €7,119 | €19,293 | +€12,174 | +171.0% |
| Tangible fixed assets | 22/27 | €7,119 | €19,293 | +€12,174 | +171.0% |
| Plant, machinery and equipment | 23 | €7,119 | €5,052 | -€2,067 | -29.0% |
| Furniture and vehicles | 24 | - | €14,240 | +€14,240 | |
| Current assets | 29/58 | €59,651 | €71,747 | +€12,096 | +20.3% |
| Amounts receivable within one year | 40/41 | €8,803 | €66,448 | +€57,646 | +654.9% |
| Trade receivables | 40 | €7,869 | €12,963 | +€5,094 | +64.7% |
| Other amounts receivable | 41 | €934 | €53,485 | +€52,551 | +5629.1% |
| Cash at bank and in hand | 54/58 | €50,849 | €4,836 | -€46,013 | -90.5% |
| Deferred charges and accrued income | 490/1 | - | €463 | +€463 | |
| Total equity and liabilities | 10/49 | €66,770 | €91,040 | +€24,270 | +36.3% |
| Equity | 10/15 | €25,050 | €46,983 | +€21,933 | +87.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,050 | €43,983 | +€21,933 | +99.5% |
| Amounts payable | 17/49 | €41,720 | €44,057 | +€2,337 | +5.6% |
| Amounts payable after more than one year | 17 | €5,306 | €15,052 | +€9,746 | +183.7% |
| Financial debts | 170/4 | €5,306 | €15,052 | +€9,746 | +183.7% |
| Amounts payable within one year | 42/48 | €36,414 | €29,005 | -€7,410 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €1,630 | €4,457 | +€2,827 | +173.5% |
| Trade debts | 44 | €8,180 | €12,649 | +€4,469 | +54.6% |
| Suppliers | 440/4 | €8,180 | €12,649 | +€4,469 | +54.6% |
| Taxes, remuneration and social security | 45 | €5,963 | €11,899 | +€5,935 | +99.5% |
| Taxes | 450/3 | €5,803 | €11,739 | +€5,935 | +102.3% |
| Remuneration and social security | 454/9 | €160 | €160 | = | 0.0% |
| Other amounts payable | 47/48 | €20,641 | - | -€20,641 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,067 | €2,866 | +€799 | +38.7% |
| Other operating charges | 640/8 | €435 | €463 | +€28 | +6.5% |
| Gross operating margin | 9900 | €31,108 | €30,879 | -€229 | -0.7% |
| Operating profit (loss) | 9901 | €28,606 | €27,549 | -€1,056 | -3.7% |
| Financial income | 75/76B | - | €1,262 | +€1,262 | |
| Recurring financial income | 75 | - | €1,227 | +€1,227 | |
| Non-recurring financial income | 76B | - | €35 | +€35 | |
| Financial charges | 65/66B | €752 | €943 | +€191 | +25.3% |
| Recurring financial charges | 65 | €752 | €940 | +€188 | +25.0% |
| Non-recurring financial charges | 66B | - | €3 | +€3 | |
| Profit (loss) for the period before taxes | 9903 | €27,854 | €27,868 | +€15 | +0.1% |
| Income taxes | 67/77 | €5,803 | €5,935 | +€132 | +2.3% |
| Profit (loss) for the period | 9904 | €22,050 | €21,933 | -€117 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,050 | €21,933 | -€117 | -0.5% |
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 5 October 2026 via checked.be.