DELECTRO: 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.
DELECTRO
Largest movements
- Cash +€52,346
up €52,346 (+62.0%), from €84,411 to €136,757
mainly Net result for the year (+€37,894) and Depreciation (+€11,541)
- Tangible fixed assets -€10,493
down €10,493 (-23.7%), from €44,237 to €33,744
of which Furniture and vehicles: -€11,138
- Profit (loss) carried forward +€37,894
up €37,894 (+27.8%), from €136,476 to €174,371
- Tax, wage and social debts +€4,639
up €4,639 (+96.9%), from €4,787 to €9,426
of which Taxes: +€3,538
- Gross operating margin -€147,473
down €147,473 (-57.5%), from €256,599 to €109,126
- Taxes -€25,032
down €25,032 (-66.2%), from €37,818 to €12,786
- Staff costs -€25,021
down €25,021 (-35.1%), from €71,283 to €46,262
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 | €154,490 | €197,618 | +€43,128 | +27.9% |
| Fixed assets | 21/28 | €46,637 | €36,144 | -€10,493 | -22.5% |
| Tangible fixed assets | 22/27 | €44,237 | €33,744 | -€10,493 | -23.7% |
| Plant, machinery and equipment | 23 | €1,938 | €2,583 | +€645 | +33.3% |
| Furniture and vehicles | 24 | €42,299 | €31,161 | -€11,138 | -26.3% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €107,853 | €161,474 | +€53,621 | +49.7% |
| Stocks and contracts in progress | 3 | €3,537 | €4,802 | +€1,265 | +35.8% |
| Stocks | 30/36 | €3,537 | €4,802 | +€1,265 | +35.8% |
| Amounts receivable within one year | 40/41 | €19,594 | €19,670 | +€77 | +0.4% |
| Trade receivables | 40 | €4,492 | €2,232 | -€2,260 | -50.3% |
| Other amounts receivable | 41 | €15,101 | €17,438 | +€2,337 | +15.5% |
| Cash at bank and in hand | 54/58 | €84,411 | €136,757 | +€52,346 | +62.0% |
| Deferred charges and accrued income | 490/1 | €311 | €245 | -€67 | -21.4% |
| Total equity and liabilities | 10/49 | €154,490 | €197,618 | +€43,128 | +27.9% |
| Equity | 10/15 | €139,476 | €177,371 | +€37,894 | +27.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €136,476 | €174,371 | +€37,894 | +27.8% |
| Amounts payable | 17/49 | €15,013 | €20,247 | +€5,234 | +34.9% |
| Amounts payable within one year | 42/48 | €15,013 | €20,247 | +€5,234 | +34.9% |
| Trade debts | 44 | €9,901 | €10,821 | +€920 | +9.3% |
| Suppliers | 440/4 | €9,901 | €10,821 | +€920 | +9.3% |
| Taxes, remuneration and social security | 45 | €4,787 | €9,426 | +€4,639 | +96.9% |
| Taxes | 450/3 | - | €3,538 | +€3,538 | |
| Remuneration and social security | 454/9 | €4,787 | €5,888 | +€1,101 | +23.0% |
| Other amounts payable | 47/48 | €326 | - | -€326 | |
| Remuneration, social security and pensions | 62 | €71,283 | €46,262 | -€25,021 | -35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,162 | €11,541 | +€2,379 | +26.0% |
| Other operating charges | 640/8 | €1,633 | €1,419 | -€214 | -13.1% |
| Gross operating margin | 9900 | €256,599 | €109,126 | -€147,473 | -57.5% |
| Operating profit (loss) | 9901 | €174,522 | €49,904 | -€124,617 | -71.4% |
| Financial income | 75/76B | €1,673 | €1,539 | -€134 | -8.0% |
| Recurring financial income | 75 | €1,673 | €1,539 | -€134 | -8.0% |
| Financial charges | 65/66B | €1,900 | €764 | -€1,137 | -59.8% |
| Recurring financial charges | 65 | €1,624 | €764 | -€861 | -53.0% |
| Non-recurring financial charges | 66B | €276 | - | -€276 | |
| Profit (loss) for the period before taxes | 9903 | €174,294 | €50,680 | -€123,615 | -70.9% |
| Income taxes | 67/77 | €37,818 | €12,786 | -€25,032 | -66.2% |
| Profit (loss) for the period | 9904 | €136,476 | €37,894 | -€98,582 | -72.2% |
| Profit (loss) for the period to be appropriated | 9905 | €136,476 | €37,894 | -€98,582 | -72.2% |
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 30 September 2026 via checked.be.