DVR Elektriciteit: what changed
DVR Elektriciteit
Largest movements
- Receivables within one year -€66,840
down €66,840 (-32.0%), from €208,777 to €141,937
of which Trade receivables: -€61,843
- Cash +€14,597
up €14,597 (+70.5%), from €20,704 to €35,300
mainly Receivables within one year (+€66,840) and Net result for the year (+€62,354)
- Tangible fixed assets -€12,756
down €12,756 (-30.6%), from €41,712 to €28,956
of which Furniture and vehicles: -€10,903
- Reserves -€71,982
down €71,982 (-53.6%), from €134,336 to €62,354
- Trade debts -€31,233
down €31,233 (-53.8%), from €58,085 to €26,852
- Other debts +€25,497
up €25,497 (+28.5%), from €89,455 to €114,953
- Accrued charges and deferred income +€10,000
new in 2025: €10,000
- Tax, wage and social debts +€4,581
up €4,581 (+60.5%), from €7,568 to €12,149
of which Taxes: +€6,376
- Depreciation -€1,221
down €1,221 (-8.7%), from €13,977 to €12,756
- Gross operating margin +€994
up €994 (+1.0%), from €97,732 to €98,726
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €294,445 | €231,307 | -€63,137 | -21.4% |
| Fixed assets | 21/28 | €41,712 | €29,206 | -€12,506 | -30.0% |
| Tangible fixed assets | 22/27 | €41,712 | €28,956 | -€12,756 | -30.6% |
| Plant, machinery and equipment | 23 | €1,178 | €578 | -€600 | -50.9% |
| Furniture and vehicles | 24 | €32,756 | €21,854 | -€10,903 | -33.3% |
| Other tangible fixed assets | 26 | €7,777 | €6,524 | -€1,253 | -16.1% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €252,733 | €202,101 | -€50,631 | -20.0% |
| Stocks and contracts in progress | 3 | €15,896 | €17,424 | +€1,527 | +9.6% |
| Stocks | 30/36 | €15,896 | €17,424 | +€1,527 | +9.6% |
| Amounts receivable within one year | 40/41 | €208,777 | €141,937 | -€66,840 | -32.0% |
| Trade receivables | 40 | €195,656 | €133,813 | -€61,843 | -31.6% |
| Other amounts receivable | 41 | €13,121 | €8,123 | -€4,997 | -38.1% |
| Cash at bank and in hand | 54/58 | €20,704 | €35,300 | +€14,597 | +70.5% |
| Deferred charges and accrued income | 490/1 | €7,356 | €7,440 | +€84 | +1.1% |
| Total equity and liabilities | 10/49 | €294,445 | €231,307 | -€63,137 | -21.4% |
| Equity | 10/15 | €139,336 | €67,354 | -€71,982 | -51.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €134,336 | €62,354 | -€71,982 | -53.6% |
| Distributable reserves | 133 | €134,336 | €62,354 | -€71,982 | -53.6% |
| Amounts payable | 17/49 | €155,109 | €163,953 | +€8,845 | +5.7% |
| Amounts payable within one year | 42/48 | €155,109 | €153,953 | -€1,155 | -0.7% |
| Trade debts | 44 | €58,085 | €26,852 | -€31,233 | -53.8% |
| Suppliers | 440/4 | €58,085 | €26,852 | -€31,233 | -53.8% |
| Taxes, remuneration and social security | 45 | €7,568 | €12,149 | +€4,581 | +60.5% |
| Taxes | 450/3 | €5,773 | €12,149 | +€6,376 | +110% |
| Remuneration and social security | 454/9 | €1,795 | - | -€1,795 | |
| Other amounts payable | 47/48 | €89,455 | €114,953 | +€25,497 | +28.5% |
| Accrued charges and deferred income | 492/3 | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,977 | €12,756 | -€1,221 | -8.7% |
| Other operating charges | 640/8 | €1,043 | €1,531 | +€488 | +46.8% |
| Gross operating margin | 9900 | €97,732 | €98,726 | +€994 | +1.0% |
| Operating profit (loss) | 9901 | €82,711 | €84,439 | +€1,727 | +2.1% |
| Financial income | 75/76B | €54 | - | -€54 | |
| Recurring financial income | 75 | €54 | - | -€54 | |
| Financial charges | 65/66B | €62 | €109 | +€47 | +75.3% |
| Recurring financial charges | 65 | €62 | €109 | +€47 | +75.3% |
| Profit (loss) for the period before taxes | 9903 | €82,703 | €84,329 | +€1,626 | +2.0% |
| Income taxes | 67/77 | €22,773 | €21,976 | -€798 | -3.5% |
| Profit (loss) for the period | 9904 | €59,930 | €62,354 | +€2,424 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,930 | €62,354 | +€2,424 | +4.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.