DM Elektro: 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 Elektro
Largest movements
- Cash -€104,897
down €104,897 (-44.0%), from €238,332 to €133,435
mainly Receivables within one year (-€68,946) and Trade debts (-€39,276)
- Receivables within one year +€68,946
up €68,946 (+26.1%), from €264,625 to €333,571
of which Trade receivables: +€42,444
- Tangible fixed assets -€9,117
down €9,117 (-11.0%), from €82,922 to €73,805
of which Furniture and vehicles: -€19,421
- Trade debts -€39,276
down €39,276 (-29.7%), from €132,297 to €93,021
- Debts after one year -€14,610
down €14,610 (-36.6%), from €39,878 to €25,267
- Reserves +€12,458
up €12,458 (+3.1%), from €400,526 to €412,984
of which Distributable reserves: +€12,458
- Tax, wage and social debts -€6,785
down €6,785 (-17.8%), from €38,042 to €31,257
of which Remuneration and social security: -€6,252
- Gross operating margin -€42,805
down €42,805 (-11.8%), from €363,789 to €320,984
- Taxes -€18,489
down €18,489 (-65.3%), from €28,314 to €9,825
- Staff costs -€11,593
down €11,593 (-4.5%), from €257,095 to €245,502
- Depreciation +€8,349
up €8,349 (+51.2%), from €16,313 to €24,662
- Financial charges +€4,913
up €4,913 (+63.9%), from €7,686 to €12,599
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 | €632,792 | €583,106 | -€49,685 | -7.9% |
| Fixed assets | 21/28 | €83,472 | €74,354 | -€9,117 | -10.9% |
| Tangible fixed assets | 22/27 | €82,922 | €73,805 | -€9,117 | -11.0% |
| Plant, machinery and equipment | 23 | €11,089 | €21,393 | +€10,304 | +92.9% |
| Furniture and vehicles | 24 | €71,833 | €52,412 | -€19,421 | -27.0% |
| Financial fixed assets | 28 | €549 | €549 | = | 0.0% |
| Current assets | 29/58 | €549,320 | €508,752 | -€40,568 | -7.4% |
| Stocks and contracts in progress | 3 | €40,000 | €40,000 | = | 0.0% |
| Stocks | 30/36 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €264,625 | €333,571 | +€68,946 | +26.1% |
| Trade receivables | 40 | €198,147 | €240,590 | +€42,444 | +21.4% |
| Other amounts receivable | 41 | €66,478 | €92,980 | +€26,502 | +39.9% |
| Cash at bank and in hand | 54/58 | €238,332 | €133,435 | -€104,897 | -44.0% |
| Deferred charges and accrued income | 490/1 | €6,363 | €1,747 | -€4,617 | -72.6% |
| Total equity and liabilities | 10/49 | €632,792 | €583,106 | -€49,685 | -7.9% |
| Equity | 10/15 | €406,492 | €418,950 | +€12,458 | +3.1% |
| Contributions | 10/11 | €5,966 | €5,966 | = | 0.0% |
| Reserves | 13 | €400,526 | €412,984 | +€12,458 | +3.1% |
| Non-distributable reserves | 130/1 | €297 | €297 | = | 0.0% |
| Reserves not available under the articles | 1311 | €297 | €297 | = | 0.0% |
| Distributable reserves | 133 | €400,230 | €412,688 | +€12,458 | +3.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €226,300 | €164,156 | -€62,143 | -27.5% |
| Amounts payable after more than one year | 17 | €39,878 | €25,267 | -€14,610 | -36.6% |
| Financial debts | 170/4 | €39,878 | €25,267 | -€14,610 | -36.6% |
| Amounts payable within one year | 42/48 | €186,417 | €138,889 | -€47,529 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €16,078 | €14,610 | -€1,468 | -9.1% |
| Trade debts | 44 | €132,297 | €93,021 | -€39,276 | -29.7% |
| Suppliers | 440/4 | €132,297 | €93,021 | -€39,276 | -29.7% |
| Taxes, remuneration and social security | 45 | €38,042 | €31,257 | -€6,785 | -17.8% |
| Taxes | 450/3 | €7,131 | €6,599 | -€532 | -7.5% |
| Remuneration and social security | 454/9 | €30,911 | €24,658 | -€6,252 | -20.2% |
| Accrued charges and deferred income | 492/3 | €5 | €0 | -€5 | -100% |
| Non-recurring operating income | 76A | €4,000 | €56 | -€3,944 | -98.6% |
| Remuneration, social security and pensions | 62 | €257,095 | €245,502 | -€11,593 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,313 | €24,662 | +€8,349 | +51.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €852 | €1,406 | +€554 | +65.0% |
| Non-recurring operating charges | 66A | €0 | €15,623 | +€15,623 | |
| Gross operating margin | 9900 | €363,789 | €320,984 | -€42,805 | -11.8% |
| Operating profit (loss) | 9901 | €89,528 | €33,791 | -€55,738 | -62.3% |
| Financial income | 75/76B | €0 | €1,092 | +€1,092 | +3,638,500% |
| Recurring financial income | 75 | €0 | €1,092 | +€1,092 | +3,638,500% |
| Financial charges | 65/66B | €7,686 | €12,599 | +€4,913 | +63.9% |
| Recurring financial charges | 65 | €7,686 | €12,599 | +€4,913 | +63.9% |
| Profit (loss) for the period before taxes | 9903 | €81,842 | €22,283 | -€59,559 | -72.8% |
| Income taxes | 67/77 | €28,314 | €9,825 | -€18,489 | -65.3% |
| Profit (loss) for the period | 9904 | €53,528 | €12,458 | -€41,070 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €53,528 | €12,458 | -€41,070 | -76.7% |
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 27 October 2026 via checked.be.