DG 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.
DG Elec
Largest movements
- Cash -€7,044
down €7,044 (-33.0%), from €21,339 to €14,295
mainly Tax, wage and social debts (-€14,182) and Investment in fixed assets (net) (-€12,053)
- Receivables within one year +€4,553
up €4,553 (+10.5%), from €43,323 to €47,876
of which Other amounts receivable: +€4,805
- Tax, wage and social debts -€14,182
down €14,182 (-93.6%), from €15,152 to €970
of which Taxes: -€13,629
- Reserves +€9,700
up €9,700 (+22.0%), from €44,000 to €53,700
- Advances received +€7,057
up €7,057 (+108%), from €6,540 to €13,597
- Debts after one year -€6,287
down €6,287 (-5.4%), from €115,962 to €109,675
- Short-term financial debts +€5,894
new in 2025: €5,894
- Other operating charges -€14,772
down €14,772 (-89.2%), from €16,562 to €1,790
- Gross operating margin -€10,602
down €10,602 (-21.3%), from €49,726 to €39,124
- Depreciation +€5,268
up €5,268 (+101%), from €5,241 to €10,509
- Financial charges +€4,286
up €4,286 (+70.7%), from €6,061 to €10,347
- Staff costs -€1,689
down €1,689 (-46.0%), from €3,675 to €1,986
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 | €198,518 | €197,564 | -€954 | -0.5% |
| Formation expenses | 20 | €724 | €517 | -€207 | -28.6% |
| Fixed assets | 21/28 | €124,609 | €126,360 | +€1,751 | +1.4% |
| Tangible fixed assets | 22/27 | €124,246 | €125,997 | +€1,751 | +1.4% |
| Land and buildings | 22 | €77,217 | €73,851 | -€3,366 | -4.4% |
| Plant, machinery and equipment | 23 | €42,044 | €43,606 | +€1,562 | +3.7% |
| Furniture and vehicles | 24 | €4,985 | €8,540 | +€3,555 | +71.3% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €73,185 | €70,687 | -€2,498 | -3.4% |
| Amounts receivable within one year | 40/41 | €43,323 | €47,876 | +€4,553 | +10.5% |
| Trade receivables | 40 | €36,156 | €35,904 | -€252 | -0.7% |
| Other amounts receivable | 41 | €7,167 | €11,972 | +€4,805 | +67.0% |
| Cash at bank and in hand | 54/58 | €21,339 | €14,295 | -€7,044 | -33.0% |
| Deferred charges and accrued income | 490/1 | €8,523 | €8,516 | -€7 | -0.1% |
| Total equity and liabilities | 10/49 | €198,518 | €197,564 | -€954 | -0.5% |
| Equity | 10/15 | €49,175 | €58,916 | +€9,741 | +19.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €44,000 | €53,700 | +€9,700 | +22.0% |
| Distributable reserves | 133 | €44,000 | €53,700 | +€9,700 | +22.0% |
| Profit (loss) carried forward | 14 | €2,175 | €2,216 | +€41 | +1.9% |
| Amounts payable | 17/49 | €149,343 | €138,648 | -€10,695 | -7.2% |
| Amounts payable after more than one year | 17 | €115,962 | €109,675 | -€6,287 | -5.4% |
| Financial debts | 170/4 | €115,962 | €109,675 | -€6,287 | -5.4% |
| Amounts payable within one year | 42/48 | €33,381 | €28,973 | -€4,408 | -13.2% |
| Current portion of amounts payable after more than one year | 42 | €6,038 | €6,287 | +€249 | +4.1% |
| Financial debts | 43 | - | €5,894 | +€5,894 | |
| Credit institutions | 430/8 | - | €5,894 | +€5,894 | |
| Trade debts | 44 | €2,302 | €345 | -€1,957 | -85.0% |
| Suppliers | 440/4 | €2,302 | €345 | -€1,957 | -85.0% |
| Advances received on contracts in progress | 46 | €6,540 | €13,597 | +€7,057 | +108% |
| Taxes, remuneration and social security | 45 | €15,152 | €970 | -€14,182 | -93.6% |
| Taxes | 450/3 | €14,599 | €970 | -€13,629 | -93.4% |
| Remuneration and social security | 454/9 | €553 | - | -€553 | |
| Other amounts payable | 47/48 | €3,349 | €1,880 | -€1,469 | -43.9% |
| Remuneration, social security and pensions | 62 | €3,675 | €1,986 | -€1,689 | -46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,241 | €10,509 | +€5,268 | +101% |
| Other operating charges | 640/8 | €16,562 | €1,790 | -€14,772 | -89.2% |
| Gross operating margin | 9900 | €49,726 | €39,124 | -€10,602 | -21.3% |
| Operating profit (loss) | 9901 | €24,248 | €24,839 | +€591 | +2.4% |
| Financial income | 75/76B | €42 | €92 | +€50 | +119% |
| Recurring financial income | 75 | €42 | €92 | +€50 | +119% |
| Financial charges | 65/66B | €6,061 | €10,347 | +€4,286 | +70.7% |
| Recurring financial charges | 65 | €6,061 | €10,347 | +€4,286 | +70.7% |
| Profit (loss) for the period before taxes | 9903 | €18,229 | €14,584 | -€3,645 | -20.0% |
| Income taxes | 67/77 | €3,700 | €4,843 | +€1,143 | +30.9% |
| Profit (loss) for the period | 9904 | €14,529 | €9,741 | -€4,788 | -33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,529 | €9,741 | -€4,788 | -33.0% |
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 20 October 2026 via checked.be.