DVDB-electronics: 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.
DVDB-electronics
Largest movements
- Current investments +€40,973
up €40,973 (+18.4%), from €223,265 to €264,238
- Cash +€22,422
up €22,422 (+14.4%), from €155,409 to €177,831
mainly Net result for the year (+€56,110) and Depreciation (+€7,586)
- Receivables within one year +€7,127
up €7,127 (+51.4%), from €13,864 to €20,991
of which Trade receivables: +€7,156
- Tangible fixed assets -€5,929
down €5,929 (-9.3%), from €63,711 to €57,782
of which Land and buildings: -€4,242
- Reserves +€56,110
up €56,110 (+14.9%), from €375,575 to €431,685
- Gross operating margin +€18,078
up €18,078 (+27.6%), from €65,442 to €83,520
- Taxes +€5,594
up €5,594 (+35.8%), from €15,619 to €21,213
- Financial income +€2,766
up €2,766 (+137.4%), from €2,013 to €4,779
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 | €458,130 | €522,115 | +€63,985 | +14.0% |
| Fixed assets | 21/28 | €63,711 | €57,782 | -€5,929 | -9.3% |
| Tangible fixed assets | 22/27 | €63,711 | €57,782 | -€5,929 | -9.3% |
| Land and buildings | 22 | €55,144 | €50,902 | -€4,242 | -7.7% |
| Plant, machinery and equipment | 23 | €8,567 | €6,880 | -€1,687 | -19.7% |
| Current assets | 29/58 | €394,419 | €464,333 | +€69,914 | +17.7% |
| Amounts receivable within one year | 40/41 | €13,864 | €20,991 | +€7,127 | +51.4% |
| Trade receivables | 40 | €13,770 | €20,925 | +€7,156 | +52.0% |
| Other amounts receivable | 41 | €95 | €65 | -€29 | -31.0% |
| Current investments | 50/53 | €223,265 | €264,238 | +€40,973 | +18.4% |
| Cash at bank and in hand | 54/58 | €155,409 | €177,831 | +€22,422 | +14.4% |
| Deferred charges and accrued income | 490/1 | €1,880 | €1,273 | -€607 | -32.3% |
| Total equity and liabilities | 10/49 | €458,130 | €522,115 | +€63,985 | +14.0% |
| Equity | 10/15 | €435,775 | €491,885 | +€56,110 | +12.9% |
| Contributions | 10/11 | €60,200 | €60,200 | = | 0.0% |
| Reserves | 13 | €375,575 | €431,685 | +€56,110 | +14.9% |
| Distributable reserves | 133 | €375,575 | €431,685 | +€56,110 | +14.9% |
| Amounts payable | 17/49 | €22,355 | €30,231 | +€7,876 | +35.2% |
| Amounts payable within one year | 42/48 | €22,329 | €30,098 | +€7,769 | +34.8% |
| Trade debts | 44 | €3,330 | €6,631 | +€3,301 | +99.2% |
| Suppliers | 440/4 | €3,330 | €6,631 | +€3,301 | +99.2% |
| Taxes, remuneration and social security | 45 | €7,553 | €12,739 | +€5,186 | +68.7% |
| Taxes | 450/3 | €5,244 | €10,407 | +€5,163 | +98.4% |
| Remuneration and social security | 454/9 | €2,309 | €2,332 | +€23 | +1.0% |
| Other amounts payable | 47/48 | €11,446 | €10,727 | -€719 | -6.3% |
| Accrued charges and deferred income | 492/3 | €26 | €133 | +€107 | +410.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,428 | €7,586 | +€158 | +2.1% |
| Other operating charges | 640/8 | €643 | €1,014 | +€371 | +57.7% |
| Gross operating margin | 9900 | €65,442 | €83,520 | +€18,078 | +27.6% |
| Operating profit (loss) | 9901 | €57,371 | €74,920 | +€17,549 | +30.6% |
| Financial income | 75/76B | €2,013 | €4,779 | +€2,766 | +137.4% |
| Recurring financial income | 75 | €2,013 | €4,779 | +€2,766 | +137.4% |
| Financial charges | 65/66B | €2,930 | €2,376 | -€554 | -18.9% |
| Recurring financial charges | 65 | €2,930 | €2,376 | -€554 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €56,454 | €77,323 | +€20,868 | +37.0% |
| Income taxes | 67/77 | €15,619 | €21,213 | +€5,594 | +35.8% |
| Profit (loss) for the period | 9904 | €40,835 | €56,110 | +€15,275 | +37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,835 | €56,110 | +€15,275 | +37.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.