DYMOTEC: 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.
What changed
DYMOTEC
NACE 43.211, General electrical installation work
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€231,699
2023 · €145,199+€86,500
Equity
€2.2m
2023 · €1.9m+€231,699
Cash
€297,631
2023 · €283,359+€14,271
Balance sheet total
€6.6m
2023 · €4.8m+€1.8m
Largest movements
Assets
- Receivables within one year +€2.2m
up €2.2m (+77.6%), from €2.8m to €5.0m
of which Trade receivables: +€1.2m
- Stocks and contracts -€653,941
down €653,941 (-46.7%), from €1.4m to €746,261
of which Contracts in progress: -€528,914
- Tangible fixed assets +€158,464
up €158,464 (+59.4%), from €266,583 to €425,047
of which Plant, machinery and equipment: +€134,544
- Deferred charges and accrued income +€139,576
up €139,576 (+923.2%), from €15,119 to €154,695
Equity and liabilities
- Trade debts +€1.4m
up €1.4m (+113.3%), from €1.3m to €2.7m
- Debts after one year +€435,373
up €435,373 (+1053.9%), from €41,310 to €476,683
- Short-term financial debts -€270,254
down €270,254 (-100.0%), from €270,254 to €0
- Reserves +€233,740
up €233,740 (+12.5%), from €1.9m to €2.1m
of which Distributable reserves: +€233,740
- Tax, wage and social debts +€120,397
up €120,397 (+22.2%), from €542,140 to €662,537
of which Remuneration and social security: +€68,879
Income statement
- Turnover +€20.3m
new in 2024: €20.3m
- Goods and materials +€13.4m
new in 2024: €13.4m
of which Purchases: +€13.3m
- Gross operating margin -€3.7m
no longer reported in 2024 (was €3.7m)
- Services and other goods +€2.4m
new in 2024: €2.4m
- Other operating income +€268,102
new in 2024: €268,102
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.
Result 2023
€145,199
Turnover
+€20.3m
Other operating income
+€268,102
Goods and materials
-€13.4m
Services and other goods
-€2.4m
Staff costs
-€262,219
Depreciation
-€33,815
Other operating charges
+€16,974
Other operating items
-€4.2m
Financial income
-€8,711
Financial charges
-€39,857
Taxes
-€46,322
Result 2024
€231,699
Cash bridge derived
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.
From operations
+€153,044
Investment
-€277,293
Financing
+€138,520
Cash 2023
€283,359
From operations (derived)
+€153,044
Net result for the year
+€231,699
Depreciation
+€118,829
Stocks and contracts
+€653,941
Receivables within one year
-€2.2m
Deferred charges and accrued income
-€139,576
Trade debts
+€1.4m
Tax, wage and social debts
+€120,397
Advances received
-€72,135
Investment (derived)
-€277,293
Investment in fixed assets (net)
-€277,293
Financing
+€138,520
Debts after one year
+€435,373
Current portion of long-term debt
-€26,599
Short-term financial debts
-€270,254
Cash 2024
€297,631
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,786,375 | €6,625,758 | +€1.8m | +38.4% |
| Fixed assets | 21/28 | €277,083 | €435,547 | +€158,464 | +57.2% |
| Tangible fixed assets | 22/27 | €266,583 | €425,047 | +€158,464 | +59.4% |
| Land and buildings | 22 | €3,794 | €3,402 | -€392 | -10.3% |
| Plant, machinery and equipment | 23 | €21,666 | €156,210 | +€134,544 | +621.0% |
| Furniture and vehicles | 24 | €241,123 | €265,434 | +€24,311 | +10.1% |
| Financial fixed assets | 28 | €10,500 | €10,500 | = | 0.0% |
| Other financial fixed assets | 284/8 | - | €10,500 | +€10,500 | |
| Amounts receivable and cash guarantees | 285/8 | - | €10,500 | +€10,500 | |
| Current assets | 29/58 | €4,509,293 | €6,190,211 | +€1.7m | +37.3% |
| Stocks and contracts in progress | 3 | €1,400,202 | €746,261 | -€653,941 | -46.7% |
| Stocks | 30/36 | €246,340 | €121,313 | -€125,027 | -50.8% |
| Goods purchased for resale | 34 | - | €121,313 | +€121,313 | |
| Contracts in progress | 37 | €1,153,862 | €624,948 | -€528,914 | -45.8% |
| Amounts receivable within one year | 40/41 | €2,810,612 | €4,991,625 | +€2.2m | +77.6% |
| Trade receivables | 40 | €2,797,110 | €4,036,436 | +€1.2m | +44.3% |
| Other amounts receivable | 41 | €13,503 | €955,189 | +€941,686 | +6974.2% |
| Cash at bank and in hand | 54/58 | €283,359 | €297,631 | +€14,271 | +5.0% |
| Deferred charges and accrued income | 490/1 | €15,119 | €154,695 | +€139,576 | +923.2% |
| Total equity and liabilities | 10/49 | €4,786,375 | €6,625,758 | +€1.8m | +38.4% |
| Equity | 10/15 | €1,928,880 | €2,160,579 | +€231,699 | +12.0% |
| Contributions | 10/11 | €62,469 | €62,469 | = | 0.0% |
| Capital | 10 | - | €62,469 | +€62,469 | |
| Issued capital | 100 | - | €62,469 | +€62,469 | |
| Reserves | 13 | €1,864,369 | €2,098,110 | +€233,740 | +12.5% |
| Non-distributable reserves | 130/1 | €6,247 | €6,247 | = | 0.0% |
| Legal reserve | 130 | - | €6,247 | +€6,247 | |
| Other | 1319 | €6,247 | - | -€6,247 | |
| Tax-exempt reserves | 132 | €3,123 | €3,123 | = | 0.0% |
| Distributable reserves | 133 | €1,855,000 | €2,088,740 | +€233,740 | +12.6% |
| Profit (loss) carried forward | 14 | €2,041 | €0 | -€2,041 | -100.0% |
| Amounts payable | 17/49 | €2,857,496 | €4,465,179 | +€1.6m | +56.3% |
| Amounts payable after more than one year | 17 | €41,310 | €476,683 | +€435,373 | +1053.9% |
| Financial debts | 170/4 | €41,310 | €476,683 | +€435,373 | +1053.9% |
| Credit institutions | 173 | - | €476,683 | +€476,683 | |
| Amounts payable within one year | 42/48 | €2,816,186 | €3,988,496 | +€1.2m | +41.6% |
| Current portion of amounts payable after more than one year | 42 | €26,599 | €0 | -€26,599 | -100.0% |
| Financial debts | 43 | €270,254 | €0 | -€270,254 | -100.0% |
| Credit institutions | 430/8 | €270,254 | €0 | -€270,254 | -100.0% |
| Trade debts | 44 | €1,253,938 | €2,674,839 | +€1.4m | +113.3% |
| Suppliers | 440/4 | €1,253,938 | €2,674,839 | +€1.4m | +113.3% |
| Advances received on contracts in progress | 46 | €723,255 | €651,120 | -€72,135 | -10.0% |
| Taxes, remuneration and social security | 45 | €542,140 | €662,537 | +€120,397 | +22.2% |
| Taxes | 450/3 | €136,431 | €187,948 | +€51,518 | +37.8% |
| Remuneration and social security | 454/9 | €405,709 | €474,588 | +€68,879 | +17.0% |
| Operating income | 70/76A | - | €20,006,126 | +€20.0m | |
| Turnover | 70 | - | €20,266,031 | +€20.3m | |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | -€528,914 | -€528,914 | |
| Other operating income | 74 | - | €268,102 | +€268,102 | |
| Non-recurring operating income | 76A | €3,015 | €908 | -€2,107 | -69.9% |
| Operating charges | 60/66A | - | €19,642,869 | +€19.6m | |
| Goods for resale, raw materials and consumables | 60 | - | €13,436,619 | +€13.4m | |
| Purchases | 600/8 | - | €13,311,591 | +€13.3m | |
| Change in stocks: decrease (increase) | 609 | - | €125,027 | +€125,027 | |
| Services and other goods | 61 | - | €2,406,683 | +€2.4m | |
| Remuneration, social security and pensions | 62 | €3,396,685 | €3,658,904 | +€262,219 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,013 | €118,829 | +€33,815 | +39.8% |
| Other operating charges | 640/8 | €38,809 | €21,835 | -€16,974 | -43.7% |
| Gross operating margin | 9900 | €3,702,375 | - | -€3.7m | |
| Operating profit (loss) | 9901 | €181,867 | €363,257 | +€181,390 | +99.7% |
| Financial income | 75/76B | €17,362 | €8,651 | -€8,711 | -50.2% |
| Recurring financial income | 75 | €17,362 | €8,651 | -€8,711 | -50.2% |
| Income from current assets | 751 | - | €6,802 | +€6,802 | |
| Other financial income | 752/9 | - | €1,849 | +€1,849 | |
| Financial charges | 65/66B | €24,989 | €64,846 | +€39,857 | +159.5% |
| Recurring financial charges | 65 | €24,989 | €64,846 | +€39,857 | +159.5% |
| Debt charges | 650 | - | €50,055 | +€50,055 | |
| Other financial charges | 652/9 | - | €14,791 | +€14,791 | |
| Profit (loss) for the period before taxes | 9903 | €174,240 | €307,061 | +€132,822 | +76.2% |
| Income taxes | 67/77 | €29,040 | €75,362 | +€46,322 | +159.5% |
| Taxes | 670/3 | - | €75,362 | +€75,362 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | €145,199 | €231,699 | +€86,500 | +59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €145,199 | €231,699 | +€86,500 | +59.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.