DEBEL ELEC: 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.
DEBEL ELEC
Largest movements
- Cash -€24,770
down €24,770 (-17.9%), from €138,725 to €113,955
mainly Tax, wage and social debts (-€24,155) and Stocks and contracts (-€12,961)
- Stocks and contracts +€12,961
up €12,961 (+42.5%), from €30,529 to €43,490
- Tangible fixed assets -€6,266
down €6,266 (-31.9%), from €19,642 to €13,376
of which Furniture and vehicles: -€3,358
- Receivables within one year +€3,528
up €3,528 (+5.1%), from €68,529 to €72,057
of which Other amounts receivable: +€5,692
- Reserves +€25,000
up €25,000 (+78.5%), from €31,860 to €56,860
of which Distributable reserves: +€25,000
- Tax, wage and social debts -€24,155
down €24,155 (-39.7%), from €60,902 to €36,747
of which Taxes: -€18,093
- Advances received -€10,605
no longer reported in 2025 (was €10,605)
- Trade debts -€9,612
down €9,612 (-58.0%), from €16,572 to €6,960
- Profit (loss) carried forward +€8,727
up €8,727 (+7.3%), from €120,114 to €128,841
- Gross operating margin -€125,742
down €125,742 (-54.3%), from €231,541 to €105,799
- Taxes -€72,579
down €72,579, from €54,579 to -€18,000
- Staff costs -€24,125
down €24,125 (-22.8%), from €105,899 to €81,774
- Depreciation -€2,380
down €2,380 (-27.5%), from €8,646 to €6,266
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 | €262,487 | €248,008 | -€14,479 | -5.5% |
| Fixed assets | 21/28 | €21,181 | €14,916 | -€6,265 | -29.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €19,642 | €13,376 | -€6,266 | -31.9% |
| Land and buildings | 22 | €11,353 | €10,125 | -€1,228 | -10.8% |
| Plant, machinery and equipment | 23 | €4,351 | €2,672 | -€1,679 | -38.6% |
| Furniture and vehicles | 24 | €3,938 | €580 | -€3,358 | -85.3% |
| Financial fixed assets | 28 | €1,539 | €1,539 | +€0 | 0.0% |
| Current assets | 29/58 | €241,306 | €233,092 | -€8,214 | -3.4% |
| Stocks and contracts in progress | 3 | €30,529 | €43,490 | +€12,961 | +42.5% |
| Stocks | 30/36 | €30,529 | €43,490 | +€12,961 | +42.5% |
| Amounts receivable within one year | 40/41 | €68,529 | €72,057 | +€3,528 | +5.1% |
| Trade receivables | 40 | €52,396 | €50,232 | -€2,164 | -4.1% |
| Other amounts receivable | 41 | €16,133 | €21,825 | +€5,692 | +35.3% |
| Cash at bank and in hand | 54/58 | €138,725 | €113,955 | -€24,770 | -17.9% |
| Deferred charges and accrued income | 490/1 | €3,523 | €3,590 | +€67 | +1.9% |
| Total equity and liabilities | 10/49 | €262,487 | €248,008 | -€14,479 | -5.5% |
| Equity | 10/15 | €170,574 | €204,301 | +€33,727 | +19.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,860 | €56,860 | +€25,000 | +78.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €55,000 | +€25,000 | +83.3% |
| Profit (loss) carried forward | 14 | €120,114 | €128,841 | +€8,727 | +7.3% |
| Amounts payable | 17/49 | €91,913 | €43,707 | -€48,206 | -52.4% |
| Amounts payable after more than one year | 17 | €782 | - | -€782 | |
| Financial debts | 170/4 | €782 | - | -€782 | |
| Amounts payable within one year | 42/48 | €91,131 | €43,707 | -€47,424 | -52.0% |
| Current portion of amounts payable after more than one year | 42 | €3,052 | - | -€3,052 | |
| Trade debts | 44 | €16,572 | €6,960 | -€9,612 | -58.0% |
| Suppliers | 440/4 | €16,572 | €6,960 | -€9,612 | -58.0% |
| Advances received on contracts in progress | 46 | €10,605 | - | -€10,605 | |
| Taxes, remuneration and social security | 45 | €60,902 | €36,747 | -€24,155 | -39.7% |
| Taxes | 450/3 | €50,000 | €31,907 | -€18,093 | -36.2% |
| Remuneration and social security | 454/9 | €10,902 | €4,841 | -€6,061 | -55.6% |
| Remuneration, social security and pensions | 62 | €105,899 | €81,774 | -€24,125 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,646 | €6,266 | -€2,380 | -27.5% |
| Other operating charges | 640/8 | €2,722 | €1,359 | -€1,363 | -50.1% |
| Non-recurring operating charges | 66A | €55,606 | - | -€55,606 | |
| Gross operating margin | 9900 | €231,541 | €105,799 | -€125,742 | -54.3% |
| Operating profit (loss) | 9901 | €58,668 | €16,401 | -€42,267 | -72.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €474 | €674 | +€200 | +42.3% |
| Recurring financial charges | 65 | €474 | €616 | +€142 | +30.0% |
| Non-recurring financial charges | 66B | - | €58 | +€58 | |
| Profit (loss) for the period before taxes | 9903 | €58,194 | €15,727 | -€42,467 | -73.0% |
| Income taxes | 67/77 | €54,579 | -€18,000 | -€72,579 | |
| Profit (loss) for the period | 9904 | €3,615 | €33,727 | +€30,112 | +833% |
| Profit (loss) for the period to be appropriated | 9905 | €3,615 | €33,727 | +€30,112 | +833% |
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 17 October 2026 via checked.be.