DVS Electro: 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.
DVS Electro
Largest movements
- Stocks and contracts -€3,991
down €3,991 (-20.8%), from €19,159 to €15,168
- Tangible fixed assets -€3,303
down €3,303 (-26.7%), from €12,381 to €9,078
of which Plant, machinery and equipment: -€1,729
- Cash -€2,073
down €2,073 (-91.3%), from €2,271 to €198
mainly Tax, wage and social debts (-€15,075) and Investment in fixed assets (net) (-€8,555)
- Receivables within one year -€1,295
down €1,295 (-10.0%), from €12,936 to €11,642
of which Other amounts receivable: -€2,614
- Tax, wage and social debts -€15,075
down €15,075 (-91.5%), from €16,481 to €1,406
of which Remuneration and social security: -€15,016
- Trade debts +€2,250
up €2,250 (+94.4%), from €2,385 to €4,635
- Profit (loss) carried forward +€1,304
up €1,304 (+8.9%), from -€14,573 to -€13,269
- Short-term financial debts +€1,030
up €1,030 (+3.0%), from €33,970 to €35,000
- Gross operating margin -€89,353
down €89,353 (-77.2%), from €115,727 to €26,373
- Staff costs -€86,942
down €86,942 (-91.8%), from €94,701 to €7,760
- Other operating charges -€3,426
down €3,426 (-82.6%), from €4,147 to €721
- Depreciation +€2,944
up €2,944 (+33.0%), from €8,914 to €11,858
- Financial charges -€2,023
down €2,023 (-29.1%), from €6,954 to €4,931
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 | €46,908 | €36,622 | -€10,286 | -21.9% |
| Fixed assets | 21/28 | €12,381 | €9,078 | -€3,303 | -26.7% |
| Tangible fixed assets | 22/27 | €12,381 | €9,078 | -€3,303 | -26.7% |
| Plant, machinery and equipment | 23 | €4,883 | €3,154 | -€1,729 | -35.4% |
| Furniture and vehicles | 24 | €7,498 | €5,924 | -€1,574 | -21.0% |
| Current assets | 29/58 | €34,527 | €27,544 | -€6,983 | -20.2% |
| Stocks and contracts in progress | 3 | €19,159 | €15,168 | -€3,991 | -20.8% |
| Stocks | 30/36 | €19,159 | €15,168 | -€3,991 | -20.8% |
| Amounts receivable within one year | 40/41 | €12,936 | €11,642 | -€1,295 | -10.0% |
| Trade receivables | 40 | €4,103 | €5,423 | +€1,320 | +32.2% |
| Other amounts receivable | 41 | €8,833 | €6,219 | -€2,614 | -29.6% |
| Cash at bank and in hand | 54/58 | €2,271 | €198 | -€2,073 | -91.3% |
| Deferred charges and accrued income | 490/1 | €161 | €536 | +€375 | +233.6% |
| Total equity and liabilities | 10/49 | €46,908 | €36,622 | -€10,286 | -21.9% |
| Equity | 10/15 | -€5,928 | -€4,624 | +€1,304 | +22.0% |
| Contributions | 10/11 | €4,675 | €4,675 | = | 0.0% |
| Reserves | 13 | €3,970 | €3,970 | = | 0.0% |
| Distributable reserves | 133 | €3,970 | €3,970 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,573 | -€13,269 | +€1,304 | +8.9% |
| Amounts payable | 17/49 | €52,836 | €41,246 | -€11,591 | -21.9% |
| Amounts payable within one year | 42/48 | €52,836 | €41,246 | -€11,591 | -21.9% |
| Financial debts | 43 | €33,970 | €35,000 | +€1,030 | +3.0% |
| Credit institutions | 430/8 | €33,970 | €35,000 | +€1,030 | +3.0% |
| Trade debts | 44 | €2,385 | €4,635 | +€2,250 | +94.4% |
| Suppliers | 440/4 | €2,385 | €4,635 | +€2,250 | +94.4% |
| Taxes, remuneration and social security | 45 | €16,481 | €1,406 | -€15,075 | -91.5% |
| Taxes | 450/3 | €1,037 | €978 | -€59 | -5.7% |
| Remuneration and social security | 454/9 | €15,444 | €428 | -€15,016 | -97.2% |
| Other amounts payable | 47/48 | - | €204 | +€204 | |
| Remuneration, social security and pensions | 62 | €94,701 | €7,760 | -€86,942 | -91.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,914 | €11,858 | +€2,944 | +33.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,093 | - | -€1,093 | |
| Other operating charges | 640/8 | €4,147 | €721 | -€3,426 | -82.6% |
| Gross operating margin | 9900 | €115,727 | €26,373 | -€89,353 | -77.2% |
| Operating profit (loss) | 9901 | €6,871 | €6,034 | -€837 | -12.2% |
| Financial income | 75/76B | €66 | €201 | +€135 | +203.6% |
| Recurring financial income | 75 | €66 | €201 | +€135 | +203.6% |
| Financial charges | 65/66B | €6,954 | €4,931 | -€2,023 | -29.1% |
| Recurring financial charges | 65 | €6,954 | €4,931 | -€2,023 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | -€16 | €1,304 | +€1,321 | |
| Profit (loss) for the period | 9904 | -€16 | €1,304 | +€1,321 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16 | €1,304 | +€1,321 |
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 4 October 2026 via checked.be.