DG ELECTRO SOLUTIONS: 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 ELECTRO SOLUTIONS
Largest movements
- Cash +€148,098
up €148,098 (+225%), from €65,727 to €213,826
mainly Current investments (+€120,000) and Net result for the year (+€23,902)
- Current investments -€120,000
down €120,000 (-100%), from €120,000 to €0
- Tangible fixed assets -€8,528
down €8,528 (-16.2%), from €52,701 to €44,173
of which Furniture and vehicles: -€6,751
- Reserves +€23,902
up €23,902 (+11.7%), from €204,068 to €227,970
- Current portion of long-term debt +€5,048
new in 2025: €5,048
- Tax, wage and social debts -€4,937
down €4,937 (-37.1%), from €13,297 to €8,360
- Gross operating margin +€5,705
up €5,705 (+13.3%), from €42,971 to €48,676
- Depreciation +€4,791
up €4,791 (+66.6%), from €7,195 to €11,986
- Financial income -€2,862
down €2,862 (-80.4%), from €3,558 to €696
- Taxes +€1,712
up €1,712 (+16.2%), from €10,568 to €12,280
- Other operating charges -€719
down €719 (-43.0%), from €1,671 to €951
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 | €290,404 | €314,271 | +€23,867 | +8.2% |
| Fixed assets | 21/28 | €52,701 | €44,173 | -€8,528 | -16.2% |
| Tangible fixed assets | 22/27 | €52,701 | €44,173 | -€8,528 | -16.2% |
| Land and buildings | 22 | €15,950 | €14,050 | -€1,900 | -11.9% |
| Plant, machinery and equipment | 23 | €4,033 | €4,156 | +€123 | +3.1% |
| Furniture and vehicles | 24 | €32,718 | €25,967 | -€6,751 | -20.6% |
| Current assets | 29/58 | €237,703 | €270,098 | +€32,395 | +13.6% |
| Stocks and contracts in progress | 3 | €1,440 | €3,586 | +€2,147 | +149% |
| Stocks | 30/36 | €1,440 | €3,586 | +€2,147 | +149% |
| Amounts receivable within one year | 40/41 | €48,285 | €50,779 | +€2,494 | +5.2% |
| Trade receivables | 40 | €42,774 | €42,350 | -€424 | -1.0% |
| Other amounts receivable | 41 | €5,512 | €8,429 | +€2,918 | +52.9% |
| Current investments | 50/53 | €120,000 | €0 | -€120,000 | -100% |
| Cash at bank and in hand | 54/58 | €65,727 | €213,826 | +€148,098 | +225% |
| Deferred charges and accrued income | 490/1 | €2,251 | €1,907 | -€344 | -15.3% |
| Total equity and liabilities | 10/49 | €290,404 | €314,271 | +€23,867 | +8.2% |
| Equity | 10/15 | €276,553 | €300,455 | +€23,902 | +8.6% |
| Contributions | 10/11 | €19,958 | €19,958 | = | 0.0% |
| Reserves | 13 | €204,068 | €227,970 | +€23,902 | +11.7% |
| Distributable reserves | 133 | €204,068 | €227,970 | +€23,902 | +11.7% |
| Profit (loss) carried forward | 14 | €52,527 | €52,527 | = | 0.0% |
| Amounts payable | 17/49 | €13,851 | €13,815 | -€35 | -0.3% |
| Amounts payable within one year | 42/48 | €13,851 | €13,815 | -€35 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | - | €5,048 | +€5,048 | |
| Trade debts | 44 | €350 | €75 | -€275 | -78.5% |
| Suppliers | 440/4 | €350 | €75 | -€275 | -78.5% |
| Taxes, remuneration and social security | 45 | €13,297 | €8,360 | -€4,937 | -37.1% |
| Taxes | 450/3 | €13,297 | €8,360 | -€4,937 | -37.1% |
| Other amounts payable | 47/48 | €203 | €332 | +€129 | +63.4% |
| Non-recurring operating income | 76A | €4,959 | €0 | -€4,959 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,195 | €11,986 | +€4,791 | +66.6% |
| Other operating charges | 640/8 | €1,671 | €951 | -€719 | -43.0% |
| Gross operating margin | 9900 | €42,971 | €48,676 | +€5,705 | +13.3% |
| Operating profit (loss) | 9901 | €34,105 | €35,739 | +€1,633 | +4.8% |
| Financial income | 75/76B | €3,558 | €696 | -€2,862 | -80.4% |
| Recurring financial income | 75 | €3,558 | €696 | -€2,862 | -80.4% |
| Financial charges | 65/66B | €218 | €253 | +€35 | +16.2% |
| Recurring financial charges | 65 | €218 | €253 | +€35 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €37,446 | €36,182 | -€1,264 | -3.4% |
| Income taxes | 67/77 | €10,568 | €12,280 | +€1,712 | +16.2% |
| Profit (loss) for the period | 9904 | €26,878 | €23,902 | -€2,976 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,878 | €23,902 | -€2,976 | -11.1% |
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 14 October 2026 via checked.be.