DM ELECTRICITE: 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.
DM ELECTRICITE
Largest movements
- Receivables within one year +€61,678
up €61,678 (+92.4%), from €66,774 to €128,452
- Tangible fixed assets +€44,069
up €44,069 (+27,716%), from €159 to €44,228
- Cash +€34,043
new in 2023: €34,043
mainly Trade debts (+€110,416) and Net result for the year (+€29,374)
- Trade debts +€110,416
up €110,416 (+333%), from €33,204 to €143,620
- Profit (loss) carried forward +€29,374
up €29,374 (+90.4%), from €32,479 to €61,853
- Gross operating margin -€203,374
down €203,374, from €165,372 to -€38,002
- Write-downs -€193,258
down €193,258, from €100,000 to -€93,258
- Financial charges -€28,964
down €28,964 (-92.1%), from €31,458 to €2,494
- Other operating charges +€11,127
up €11,127 (+5,375%), from €207 to €11,334
- Taxes +€5,126
up €5,126 (+67.9%), from €7,553 to €12,679
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,933 | €206,723 | +€139,790 | +209% |
| Fixed assets | 21/28 | €159 | €44,228 | +€44,069 | +27,716% |
| Tangible fixed assets | 22/27 | €159 | €44,228 | +€44,069 | +27,716% |
| Furniture and vehicles | 24 | €159 | €44,228 | +€44,069 | +27,716% |
| Current assets | 29/58 | €66,774 | €162,495 | +€95,721 | +143% |
| Amounts receivable within one year | 40/41 | €66,774 | €128,452 | +€61,678 | +92.4% |
| Trade receivables | 40 | €66,774 | €128,452 | +€61,678 | +92.4% |
| Cash at bank and in hand | 54/58 | - | €34,043 | +€34,043 | |
| Total equity and liabilities | 10/49 | €66,933 | €206,723 | +€139,790 | +209% |
| Equity | 10/15 | €33,729 | €63,103 | +€29,374 | +87.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €250 | €250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €250 | €250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €250 | €250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,479 | €61,853 | +€29,374 | +90.4% |
| Amounts payable | 17/49 | €33,204 | €143,620 | +€110,416 | +333% |
| Amounts payable within one year | 42/48 | €33,204 | €143,620 | +€110,416 | +333% |
| Trade debts | 44 | €33,204 | €143,620 | +€110,416 | +333% |
| Suppliers | 440/4 | €33,204 | €143,620 | +€110,416 | +333% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133 | €1,180 | +€1,047 | +787% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €100,000 | -€93,258 | -€193,258 | |
| Other operating charges | 640/8 | €207 | €11,334 | +€11,127 | +5,375% |
| Gross operating margin | 9900 | €165,372 | -€38,002 | -€203,374 | |
| Operating profit (loss) | 9901 | €65,032 | €42,742 | -€22,290 | -34.3% |
| Financial income | 75/76B | €2,145 | €1,805 | -€340 | -15.9% |
| Recurring financial income | 75 | €2,145 | €1,805 | -€340 | -15.9% |
| Financial charges | 65/66B | €31,458 | €2,494 | -€28,964 | -92.1% |
| Recurring financial charges | 65 | €31,458 | €2,494 | -€28,964 | -92.1% |
| Profit (loss) for the period before taxes | 9903 | €35,719 | €42,053 | +€6,334 | +17.7% |
| Income taxes | 67/77 | €7,553 | €12,679 | +€5,126 | +67.9% |
| Profit (loss) for the period | 9904 | €28,166 | €29,374 | +€1,208 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,166 | €29,374 | +€1,208 | +4.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.