DRS Elec: what changed
Two fiscal 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.
DRS Elec
Largest movements
- Tangible fixed assets -€207,227
down €207,227 (-58.7%), from €353,214 to €145,986
of which Land and buildings: -€192,878
- Cash +€199,927
up €199,927 (+314.3%), from €63,604 to €263,531
mainly Investment in fixed assets (net) (+€183,928) and Net result for the year (+€60,569)
- Current investments -€60,000
no longer reported in 2025 (was €60,000)
- Receivables within one year -€13,757
down €13,757 (-61.0%), from €22,552 to €8,795
of which Trade receivables: -€7,716
- Other debts -€170,000
down €170,000 (-97.3%), from €174,790 to €4,790
- Reserves +€60,569
up €60,569 (+130.4%), from €46,446 to €107,015
of which Distributable reserves: +€60,569
- Trade debts +€14,241
up €14,241 (+163.9%), from €8,690 to €22,930
- Tax, wage and social debts +€10,593
new in 2025: €10,593
- Other operating charges -€22,797
down €22,797 (-90.9%), from €25,069 to €2,272
- Gross operating margin +€19,074
up €19,074 (+21.7%), from €87,939 to €107,013
- Taxes +€9,980
up €9,980 (+70.1%), from €14,228 to €24,209
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.
Cash bridge derived
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 | €514,329 | €429,732 | -€84,597 | -16.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €353,214 | €145,986 | -€207,227 | -58.7% |
| Tangible fixed assets | 22/27 | €353,214 | €145,986 | -€207,227 | -58.7% |
| Land and buildings | 22 | €294,663 | €101,785 | -€192,878 | -65.5% |
| Plant, machinery and equipment | 23 | €3,198 | €2,426 | -€772 | -24.1% |
| Furniture and vehicles | 24 | €55,352 | €41,775 | -€13,577 | -24.5% |
| Current assets | 29/58 | €161,115 | €283,745 | +€122,630 | +76.1% |
| Stocks and contracts in progress | 3 | €14,960 | €11,420 | -€3,540 | -23.7% |
| Stocks | 30/36 | €14,960 | €11,420 | -€3,540 | -23.7% |
| Amounts receivable within one year | 40/41 | €22,552 | €8,795 | -€13,757 | -61.0% |
| Trade receivables | 40 | €16,510 | €8,795 | -€7,716 | -46.7% |
| Other amounts receivable | 41 | €6,041 | €0 | -€6,041 | -100.0% |
| Current investments | 50/53 | €60,000 | - | -€60,000 | |
| Cash at bank and in hand | 54/58 | €63,604 | €263,531 | +€199,927 | +314.3% |
| Total equity and liabilities | 10/49 | €514,329 | €429,732 | -€84,597 | -16.4% |
| Equity | 10/15 | €330,849 | €391,418 | +€60,569 | +18.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €46,446 | €107,015 | +€60,569 | +130.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €44,446 | €105,015 | +€60,569 | +136.3% |
| Profit (loss) carried forward | 14 | €264,403 | €264,403 | = | 0.0% |
| Amounts payable | 17/49 | €183,480 | €38,314 | -€145,166 | -79.1% |
| Amounts payable within one year | 42/48 | €183,480 | €38,314 | -€145,166 | -79.1% |
| Trade debts | 44 | €8,690 | €22,930 | +€14,241 | +163.9% |
| Suppliers | 440/4 | €8,690 | €22,930 | +€14,241 | +163.9% |
| Taxes, remuneration and social security | 45 | - | €10,593 | +€10,593 | |
| Taxes | 450/3 | - | €10,593 | +€10,593 | |
| Other amounts payable | 47/48 | €174,790 | €4,790 | -€170,000 | -97.3% |
| Non-recurring operating income | 76A | - | €149,000 | +€149,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,411 | €23,300 | -€112 | -0.5% |
| Other operating charges | 640/8 | €25,069 | €2,272 | -€22,797 | -90.9% |
| Gross operating margin | 9900 | €87,939 | €107,013 | +€19,074 | +21.7% |
| Operating profit (loss) | 9901 | €39,459 | €81,441 | +€41,982 | +106.4% |
| Financial income | 75/76B | €2,729 | €3,395 | +€667 | +24.4% |
| Recurring financial income | 75 | €2,729 | €3,395 | +€667 | +24.4% |
| Financial charges | 65/66B | €582 | €59 | -€523 | -89.8% |
| Recurring financial charges | 65 | €4 | €59 | +€56 | +1596.0% |
| Non-recurring financial charges | 66B | €579 | - | -€579 | |
| Profit (loss) for the period before taxes | 9903 | €41,606 | €84,777 | +€43,172 | +103.8% |
| Income taxes | 67/77 | €14,228 | €24,209 | +€9,980 | +70.1% |
| Profit (loss) for the period | 9904 | €27,377 | €60,569 | +€33,191 | +121.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,377 | €60,569 | +€33,191 | +121.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.