DJ-MATIC: 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.
What changed
DJ-MATIC
NACE 46.431, Wholesale of electrical household appliances and audio-video equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€501,436
2024 · -€228,961-€272,475
Equity
-€2.5m
2024 · -€2.0m-€501,436
Cash
€3,681
2024 · €26,210-€22,529
Balance sheet total
€964,843
2024 · €3.6m-€2.6m
Largest movements
Assets
- Financial fixed assets -€2.3m
down €2.3m (-100%), from €2.3m to €0
- Intangible fixed assets -€144,911
down €144,911 (-15.6%), from €929,244 to €784,332
- Receivables within one year -€143,423
down €143,423 (-53.0%), from €270,654 to €127,230
of which Trade receivables: -€110,937
Equity and liabilities
- Other debts -€1.7m
down €1.7m (-33.3%), from €5.0m to €3.4m
- Profit (loss) carried forward -€501,436
down €501,436 (-18.1%), from -€2.8m to -€3.3m
- Trade debts -€428,573
down €428,573 (-89.4%), from €479,183 to €50,610
Income statement
- Gross operating margin -€147,953
down €147,953, from €64,104 to -€83,849
- Staff costs -€108,343
down €108,343 (-100%), from €108,343 to €0
- Depreciation -€18,119
down €18,119 (-10.6%), from €170,325 to €152,206
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.
Result 2024
-€228,961
Gross operating margin
-€147,953
Staff costs
+€108,343
Depreciation
+€18,119
Other operating charges
+€709
Other operating items
-€250,975
Financial charges
-€717
Result 2025
-€501,436
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€2.3m
Investment
+€2.3m
Financing
-€11,167
Cash 2024
€26,210
From operations (derived)
-€2.3m
Net result for the year
-€501,436
Depreciation
+€152,206
Smaller working-capital items
-€1,210
Receivables within one year
+€143,423
Trade debts
-€428,573
Advances received
-€16,181
Other debts
-€1.7m
Investment (derived)
+€2.3m
Investment in fixed assets (net)
+€2.3m
Financing
-€11,167
Debts after one year
-€11,167
Cash 2025
€3,681
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,599,701 | €964,843 | -€2.6m | -73.2% |
| Fixed assets | 21/28 | €3,260,422 | €790,306 | -€2.5m | -75.8% |
| Intangible fixed assets | 21 | €929,244 | €784,332 | -€144,911 | -15.6% |
| Tangible fixed assets | 22/27 | €27,941 | €5,974 | -€21,967 | -78.6% |
| Land and buildings | 22 | €11,315 | €0 | -€11,315 | -100% |
| Furniture and vehicles | 24 | €4,812 | €0 | -€4,812 | -100% |
| Other tangible fixed assets | 26 | €11,814 | €5,974 | -€5,840 | -49.4% |
| Financial fixed assets | 28 | €2,303,237 | €0 | -€2.3m | -100% |
| Current assets | 29/58 | €339,279 | €174,536 | -€164,742 | -48.6% |
| Stocks and contracts in progress | 3 | €36,433 | €38,293 | +€1,860 | +5.1% |
| Stocks | 30/36 | €19,953 | €20,000 | +€47 | +0.2% |
| Contracts in progress | 37 | €16,480 | €18,293 | +€1,813 | +11.0% |
| Amounts receivable within one year | 40/41 | €270,654 | €127,230 | -€143,423 | -53.0% |
| Trade receivables | 40 | €192,037 | €81,100 | -€110,937 | -57.8% |
| Other amounts receivable | 41 | €78,617 | €46,131 | -€32,486 | -41.3% |
| Cash at bank and in hand | 54/58 | €26,210 | €3,681 | -€22,529 | -86.0% |
| Deferred charges and accrued income | 490/1 | €5,983 | €5,332 | -€650 | -10.9% |
| Total equity and liabilities | 10/49 | €3,599,701 | €964,843 | -€2.6m | -73.2% |
| Equity | 10/15 | -€1,951,296 | -€2,452,732 | -€501,436 | -25.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €763,167 | €763,167 | = | 0.0% |
| Distributable reserves | 133 | €763,167 | €763,167 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,776,463 | -€3,277,899 | -€501,436 | -18.1% |
| Amounts payable | 17/49 | €5,550,997 | €3,417,575 | -€2.1m | -38.4% |
| Amounts payable after more than one year | 17 | €11,167 | €0 | -€11,167 | -100% |
| Other amounts payable | 178/9 | €11,167 | €0 | -€11,167 | -100% |
| Amounts payable within one year | 42/48 | €5,539,829 | €3,417,575 | -€2.1m | -38.3% |
| Trade debts | 44 | €479,183 | €50,610 | -€428,573 | -89.4% |
| Suppliers | 440/4 | €479,183 | €50,610 | -€428,573 | -89.4% |
| Advances received on contracts in progress | 46 | €18,154 | €1,972 | -€16,181 | -89.1% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €5,042,492 | €3,364,992 | -€1.7m | -33.3% |
| Non-recurring operating income | 76A | €65,049 | €0 | -€65,049 | -100% |
| Remuneration, social security and pensions | 62 | €108,343 | €0 | -€108,343 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170,325 | €152,206 | -€18,119 | -10.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,952 | €1,243 | -€709 | -36.3% |
| Non-recurring operating charges | 66A | €11,290 | €262,265 | +€250,975 | +2,223% |
| Gross operating margin | 9900 | €64,104 | -€83,849 | -€147,953 | |
| Operating profit (loss) | 9901 | -€227,805 | -€499,563 | -€271,758 | -119% |
| Financial charges | 65/66B | €1,156 | €1,873 | +€717 | +62.0% |
| Recurring financial charges | 65 | €1,156 | €1,873 | +€717 | +62.0% |
| Profit (loss) for the period before taxes | 9903 | -€228,961 | -€501,436 | -€272,475 | -119% |
| Profit (loss) for the period | 9904 | -€228,961 | -€501,436 | -€272,475 | -119% |
| Profit (loss) for the period to be appropriated | 9905 | -€228,961 | -€501,436 | -€272,475 | -119% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.