DDELEC: 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.
DDELEC
Largest movements
- Receivables within one year -€94,511
down €94,511 (-67.0%), from €140,980 to €46,469
of which Trade receivables: -€51,619
- Tangible fixed assets -€16,307
down €16,307 (-29.2%), from €55,904 to €39,597
of which Plant, machinery and equipment: -€15,782
- Other debts -€33,263
no longer reported in 2025 (was €33,263)
- Profit (loss) carried forward -€31,484
down €31,484 (-37.0%), from €85,179 to €53,695
- Debts after one year -€27,579
no longer reported in 2025 (was €27,579)
- Tax, wage and social debts -€20,140
down €20,140 (-72.9%), from €27,636 to €7,496
- Gross operating margin -€113,234
down €113,234, from €98,887 to -€14,347
- Taxes -€22,183
no longer reported in 2025 (was €22,183)
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 | €228,965 | €116,850 | -€112,115 | -49.0% |
| Fixed assets | 21/28 | €55,904 | €39,875 | -€16,029 | -28.7% |
| Tangible fixed assets | 22/27 | €55,904 | €39,597 | -€16,307 | -29.2% |
| Land and buildings | 22 | €16,200 | €15,675 | -€525 | -3.2% |
| Plant, machinery and equipment | 23 | €39,704 | €23,922 | -€15,782 | -39.7% |
| Financial fixed assets | 28 | - | €278 | +€278 | |
| Current assets | 29/58 | €173,061 | €76,975 | -€96,086 | -55.5% |
| Stocks and contracts in progress | 3 | €4,114 | €4,114 | = | 0.0% |
| Stocks | 30/36 | €4,114 | €4,114 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €140,980 | €46,469 | -€94,511 | -67.0% |
| Trade receivables | 40 | €85,931 | €34,312 | -€51,619 | -60.1% |
| Other amounts receivable | 41 | €55,049 | €12,157 | -€42,892 | -77.9% |
| Cash at bank and in hand | 54/58 | €27,864 | €26,392 | -€1,472 | -5.3% |
| Deferred charges and accrued income | 490/1 | €103 | - | -€103 | |
| Total equity and liabilities | 10/49 | €228,965 | €116,850 | -€112,115 | -49.0% |
| Equity | 10/15 | €105,639 | €74,155 | -€31,484 | -29.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,179 | €53,695 | -€31,484 | -37.0% |
| Amounts payable | 17/49 | €123,326 | €42,695 | -€80,631 | -65.4% |
| Amounts payable after more than one year | 17 | €27,579 | - | -€27,579 | |
| Financial debts | 170/4 | €27,579 | - | -€27,579 | |
| Amounts payable within one year | 42/48 | €95,747 | €42,695 | -€53,052 | -55.4% |
| Trade debts | 44 | €34,848 | €35,199 | +€351 | +1.0% |
| Suppliers | 440/4 | €34,848 | €35,199 | +€351 | +1.0% |
| Taxes, remuneration and social security | 45 | €27,636 | €7,496 | -€20,140 | -72.9% |
| Taxes | 450/3 | €27,636 | €7,496 | -€20,140 | -72.9% |
| Other amounts payable | 47/48 | €33,263 | - | -€33,263 | |
| Remuneration, social security and pensions | 62 | €230 | - | -€230 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,307 | €16,307 | = | 0.0% |
| Other operating charges | 640/8 | €542 | - | -€542 | |
| Non-recurring operating charges | 66A | - | €646 | +€646 | |
| Gross operating margin | 9900 | €98,887 | -€14,347 | -€113,234 | |
| Operating profit (loss) | 9901 | €81,808 | -€31,300 | -€113,108 | |
| Financial income | 75/76B | €22 | €9 | -€13 | -59.1% |
| Recurring financial income | 75 | €22 | €9 | -€13 | -59.1% |
| Financial charges | 65/66B | €514 | €193 | -€321 | -62.5% |
| Recurring financial charges | 65 | €461 | €193 | -€268 | -58.1% |
| Non-recurring financial charges | 66B | €53 | - | -€53 | |
| Profit (loss) for the period before taxes | 9903 | €81,316 | -€31,484 | -€112,800 | |
| Income taxes | 67/77 | €22,183 | - | -€22,183 | |
| Profit (loss) for the period | 9904 | €59,133 | -€31,484 | -€90,617 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,133 | -€31,484 | -€90,617 |
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 29 September 2026 via checked.be.