DW 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.
DW Elec
Largest movements
- Cash +€5,753
up €5,753 (+113.7%), from €5,060 to €10,813
mainly Net result for the year (+€3,898) and Depreciation (+€2,778)
- Receivables within one year +€3,703
up €3,703 (+103.4%), from €3,580 to €7,283
of which Trade receivables: +€5,656
- Tangible fixed assets -€2,778
no longer reported in 2025 (was €2,778)
of which Plant, machinery and equipment: -€1,667
- Deferred charges and accrued income -€326
no longer reported in 2025 (was €326)
- Profit (loss) carried forward +€3,898
up €3,898 (+58.6%), from €6,657 to €10,555
- Trade debts +€1,038
new in 2025: €1,038
- Other debts +€717
new in 2025: €717
- Tax, wage and social debts +€698
up €698 (+803.2%), from €87 to €785
- Gross operating margin +€7,591
up €7,591 (+12309.2%), from €62 to €7,653
- Depreciation -€556
down €556 (-16.7%), from €3,333 to €2,778
- Other operating charges +€474
up €474 (+389.4%), from €122 to €595
- Taxes +€440
up €440, from -€154 to €285
- Financial income -€164
no longer reported in 2025 (was €164)
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 | €11,744 | €18,095 | +€6,352 | +54.1% |
| Fixed assets | 21/28 | €2,778 | - | -€2,778 | |
| Tangible fixed assets | 22/27 | €2,778 | - | -€2,778 | |
| Plant, machinery and equipment | 23 | €1,667 | - | -€1,667 | |
| Furniture and vehicles | 24 | €1,111 | - | -€1,111 | |
| Current assets | 29/58 | €8,966 | €18,095 | +€9,129 | +101.8% |
| Amounts receivable within one year | 40/41 | €3,580 | €7,283 | +€3,703 | +103.4% |
| Trade receivables | 40 | - | €5,656 | +€5,656 | |
| Other amounts receivable | 41 | €3,580 | €1,627 | -€1,953 | -54.6% |
| Cash at bank and in hand | 54/58 | €5,060 | €10,813 | +€5,753 | +113.7% |
| Deferred charges and accrued income | 490/1 | €326 | - | -€326 | |
| Total equity and liabilities | 10/49 | €11,744 | €18,095 | +€6,352 | +54.1% |
| Equity | 10/15 | €11,657 | €15,555 | +€3,898 | +33.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,657 | €10,555 | +€3,898 | +58.6% |
| Amounts payable | 17/49 | €87 | €2,541 | +€2,454 | +2821.6% |
| Amounts payable within one year | 42/48 | €87 | €2,541 | +€2,454 | +2821.6% |
| Trade debts | 44 | - | €1,038 | +€1,038 | |
| Suppliers | 440/4 | - | €1,038 | +€1,038 | |
| Taxes, remuneration and social security | 45 | €87 | €785 | +€698 | +803.2% |
| Taxes | 450/3 | €87 | €785 | +€698 | +803.2% |
| Other amounts payable | 47/48 | - | €717 | +€717 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,333 | €2,778 | -€556 | -16.7% |
| Other operating charges | 640/8 | €122 | €595 | +€474 | +389.4% |
| Gross operating margin | 9900 | €62 | €7,653 | +€7,591 | +12309.2% |
| Operating profit (loss) | 9901 | -€3,393 | €4,280 | +€7,673 | |
| Financial income | 75/76B | €164 | - | -€164 | |
| Recurring financial income | 75 | €164 | - | -€164 | |
| Financial charges | 65/66B | €83 | €96 | +€13 | +16.0% |
| Recurring financial charges | 65 | €83 | €96 | +€13 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,312 | €4,183 | +€7,496 | |
| Income taxes | 67/77 | -€154 | €285 | +€440 | |
| Profit (loss) for the period | 9904 | -€3,158 | €3,898 | +€7,056 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,158 | €3,898 | +€7,056 |
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 8 October 2026 via checked.be.