DF Electro: 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.
DF Electro
Largest movements
- Cash +€23,863
up €23,863 (+119.2%), from €20,024 to €43,887
mainly Trade debts (+€28,404) and Net result for the year (+€20,855)
- Tangible fixed assets +€13,308
up €13,308 (+236.1%), from €5,636 to €18,944
of which Land and buildings: +€10,507
- Receivables within one year -€9,228
down €9,228 (-21.1%), from €43,802 to €34,575
of which Trade receivables: -€22,817
- Trade debts +€28,404
up €28,404 (+972.0%), from €2,922 to €31,326
- Other debts +€20,420
up €20,420 (+136.9%), from €14,915 to €35,335
- Reserves -€16,823
down €16,823 (-37.2%), from €45,257 to €28,434
- Tax, wage and social debts -€7,528
down €7,528 (-52.5%), from €14,327 to €6,799
of which Remuneration and social security: -€4,455
- Short-term financial debts +€4,470
up €4,470 (+70.0%), from €6,386 to €10,856
of which Credit institutions: +€8,151
- Gross operating margin +€12,570
up €12,570 (+14.4%), from €87,055 to €99,625
- Staff costs +€6,164
up €6,164 (+10.5%), from €58,464 to €64,628
- Taxes +€3,994
up €3,994 (+64.2%), from €6,217 to €10,211
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 | €90,007 | €118,949 | +€28,942 | +32.2% |
| Fixed assets | 21/28 | €5,636 | €18,944 | +€13,308 | +236.1% |
| Tangible fixed assets | 22/27 | €5,636 | €18,944 | +€13,308 | +236.1% |
| Land and buildings | 22 | €3,959 | €14,466 | +€10,507 | +265.4% |
| Plant, machinery and equipment | 23 | €544 | €123 | -€421 | -77.4% |
| Furniture and vehicles | 24 | €1,133 | €4,355 | +€3,222 | +284.4% |
| Current assets | 29/58 | €84,370 | €100,005 | +€15,634 | +18.5% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Trade receivables | 290 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €43,802 | €34,575 | -€9,228 | -21.1% |
| Trade receivables | 40 | €37,183 | €14,366 | -€22,817 | -61.4% |
| Other amounts receivable | 41 | €6,620 | €20,208 | +€13,589 | +205.3% |
| Cash at bank and in hand | 54/58 | €20,024 | €43,887 | +€23,863 | +119.2% |
| Deferred charges and accrued income | 490/1 | €544 | €1,542 | +€999 | +183.7% |
| Total equity and liabilities | 10/49 | €90,007 | €118,949 | +€28,942 | +32.2% |
| Equity | 10/15 | €51,457 | €34,634 | -€16,823 | -32.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €45,257 | €28,434 | -€16,823 | -37.2% |
| Distributable reserves | 133 | €45,257 | €28,434 | -€16,823 | -37.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €38,550 | €84,315 | +€45,765 | +118.7% |
| Amounts payable within one year | 42/48 | €38,550 | €84,315 | +€45,765 | +118.7% |
| Financial debts | 43 | €6,386 | €10,856 | +€4,470 | +70.0% |
| Credit institutions | 430/8 | €2,705 | €10,856 | +€8,151 | +301.4% |
| Other loans | 439 | €3,681 | €0 | -€3,681 | -100.0% |
| Trade debts | 44 | €2,922 | €31,326 | +€28,404 | +972.0% |
| Suppliers | 440/4 | €2,922 | €31,326 | +€28,404 | +972.0% |
| Taxes, remuneration and social security | 45 | €14,327 | €6,799 | -€7,528 | -52.5% |
| Taxes | 450/3 | €3,073 | €0 | -€3,073 | -100.0% |
| Remuneration and social security | 454/9 | €11,254 | €6,799 | -€4,455 | -39.6% |
| Other amounts payable | 47/48 | €14,915 | €35,335 | +€20,420 | +136.9% |
| Non-recurring operating income | 76A | - | €6,500 | +€6,500 | |
| Remuneration, social security and pensions | 62 | €58,464 | €64,628 | +€6,164 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,042 | €2,408 | +€365 | +17.9% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | €87,055 | €99,625 | +€12,570 | +14.4% |
| Operating profit (loss) | 9901 | €25,980 | €32,003 | +€6,024 | +23.2% |
| Financial income | 75/76B | €554 | €1,480 | +€926 | +167.3% |
| Recurring financial income | 75 | €554 | €1,480 | +€926 | +167.3% |
| Financial charges | 65/66B | €2,394 | €2,417 | +€24 | +1.0% |
| Recurring financial charges | 65 | €2,394 | €2,417 | +€24 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €24,140 | €31,066 | +€6,926 | +28.7% |
| Income taxes | 67/77 | €6,217 | €10,211 | +€3,994 | +64.2% |
| Profit (loss) for the period | 9904 | €17,923 | €20,855 | +€2,932 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,923 | €20,855 | +€2,932 | +16.4% |
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 10 October 2026 via checked.be.