DVElektro: 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.
DVElektro
Largest movements
- Cash +€20,207
up €20,207 (+40.4%), from €50,027 to €70,233
mainly Net result for the year (+€34,929) and Depreciation (+€17,209)
- Tangible fixed assets -€17,209
down €17,209 (-5.4%), from €321,034 to €303,824
of which Furniture and vehicles: -€9,757
- Receivables within one year -€14,438
down €14,438 (-31.3%), from €46,151 to €31,713
of which Other amounts receivable: -€24,315
- Debts after one year -€22,562
down €22,562 (-8.2%), from €275,906 to €253,344
- Reserves +€15,094
up €15,094 (+15.5%), from €97,452 to €112,546
of which Distributable reserves: +€15,094
- Gross operating margin +€27,239
up €27,239 (+59.2%), from €46,044 to €73,282
- Taxes +€7,313
up €7,313 (+95.9%), from €7,623 to €14,936
- Depreciation -€1,944
down €1,944 (-10.1%), from €19,153 to €17,209
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €419,621 | €409,676 | -€9,945 | -2.4% |
| Fixed assets | 21/28 | €321,034 | €303,824 | -€17,209 | -5.4% |
| Tangible fixed assets | 22/27 | €321,034 | €303,824 | -€17,209 | -5.4% |
| Land and buildings | 22 | €301,201 | €293,749 | -€7,452 | -2.5% |
| Furniture and vehicles | 24 | €19,833 | €10,076 | -€9,757 | -49.2% |
| Current assets | 29/58 | €98,587 | €105,852 | +€7,265 | +7.4% |
| Stocks and contracts in progress | 3 | €652 | €677 | +€25 | +3.9% |
| Stocks | 30/36 | €652 | €677 | +€25 | +3.9% |
| Amounts receivable within one year | 40/41 | €46,151 | €31,713 | -€14,438 | -31.3% |
| Trade receivables | 40 | €5,733 | €15,610 | +€9,877 | +172% |
| Other amounts receivable | 41 | €40,418 | €16,103 | -€24,315 | -60.2% |
| Cash at bank and in hand | 54/58 | €50,027 | €70,233 | +€20,207 | +40.4% |
| Deferred charges and accrued income | 490/1 | €1,757 | €3,227 | +€1,471 | +83.7% |
| Total equity and liabilities | 10/49 | €419,621 | €409,676 | -€9,945 | -2.4% |
| Equity | 10/15 | €103,652 | €118,746 | +€15,094 | +14.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €97,452 | €112,546 | +€15,094 | +15.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €95,592 | €110,686 | +€15,094 | +15.8% |
| Amounts payable | 17/49 | €315,968 | €290,930 | -€25,039 | -7.9% |
| Amounts payable after more than one year | 17 | €275,906 | €253,344 | -€22,562 | -8.2% |
| Financial debts | 170/4 | €275,906 | €253,344 | -€22,562 | -8.2% |
| Amounts payable within one year | 42/48 | €40,062 | €37,586 | -€2,476 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €22,185 | €22,562 | +€377 | +1.7% |
| Trade debts | 44 | €2,176 | €2,423 | +€247 | +11.4% |
| Suppliers | 440/4 | €2,176 | €2,423 | +€247 | +11.4% |
| Advances received on contracts in progress | 46 | - | €511 | +€511 | |
| Taxes, remuneration and social security | 45 | €15,701 | €12,089 | -€3,612 | -23.0% |
| Taxes | 450/3 | €12,938 | €11,377 | -€1,561 | -12.1% |
| Remuneration and social security | 454/9 | €2,763 | €712 | -€2,051 | -74.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,153 | €17,209 | -€1,944 | -10.1% |
| Other operating charges | 640/8 | €2,349 | €2,267 | -€83 | -3.5% |
| Gross operating margin | 9900 | €46,044 | €73,282 | +€27,239 | +59.2% |
| Operating profit (loss) | 9901 | €24,541 | €53,806 | +€29,265 | +119% |
| Financial income | 75/76B | €1,362 | €1,039 | -€323 | -23.7% |
| Recurring financial income | 75 | €1,362 | €1,039 | -€323 | -23.7% |
| Financial charges | 65/66B | €5,187 | €4,980 | -€208 | -4.0% |
| Recurring financial charges | 65 | €5,187 | €4,980 | -€208 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €20,716 | €49,865 | +€29,150 | +141% |
| Income taxes | 67/77 | €7,623 | €14,936 | +€7,313 | +95.9% |
| Profit (loss) for the period | 9904 | €13,093 | €34,929 | +€21,837 | +167% |
| Profit (loss) for the period to be appropriated | 9905 | €13,093 | €34,929 | +€21,837 | +167% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.