ELEC DNS: 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.
ELEC DNS
Largest movements
- Cash -€9,438
down €9,438 (-35.0%), from €26,938 to €17,500
mainly Trade debts (-€14,180) and Receivables within one year (-€6,880)
- Receivables within one year +€6,880
up €6,880 (+28.6%), from €24,045 to €30,925
of which Trade receivables: +€6,841
- Tangible fixed assets -€4,594
down €4,594 (-31.9%), from €14,385 to €9,791
- Trade debts -€14,180
down €14,180 (-63.0%), from €22,506 to €8,326
- Other debts +€6,603
new in 2025: €6,603
- Tax, wage and social debts -€1,838
down €1,838 (-19.1%), from €9,615 to €7,776
of which Taxes: -€7,088
- Profit (loss) carried forward +€1,744
up €1,744 (+5.4%), from €32,267 to €34,011
- Gross operating margin -€7,179
down €7,179 (-48.8%), from €14,703 to €7,524
- Taxes -€1,643
down €1,643 (-71.9%), from €2,285 to €642
- Depreciation -€173
down €173 (-5.2%), from €3,307 to €3,134
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.
Derived cash bridge
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 | €65,887 | €58,216 | -€7,671 | -11.6% |
| Fixed assets | 21/28 | €14,385 | €9,791 | -€4,594 | -31.9% |
| Tangible fixed assets | 22/27 | €14,385 | €9,791 | -€4,594 | -31.9% |
| Furniture and vehicles | 24 | €14,385 | €9,791 | -€4,594 | -31.9% |
| Current assets | 29/58 | €51,502 | €48,425 | -€3,077 | -6.0% |
| Amounts receivable within one year | 40/41 | €24,045 | €30,925 | +€6,880 | +28.6% |
| Trade receivables | 40 | €22,006 | €28,847 | +€6,841 | +31.1% |
| Other amounts receivable | 41 | €2,039 | €2,078 | +€39 | +1.9% |
| Cash at bank and in hand | 54/58 | €26,938 | €17,500 | -€9,438 | -35.0% |
| Deferred charges and accrued income | 490/1 | €519 | - | -€519 | |
| Total equity and liabilities | 10/49 | €65,887 | €58,216 | -€7,671 | -11.6% |
| Equity | 10/15 | €33,767 | €35,511 | +€1,744 | +5.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,267 | €34,011 | +€1,744 | +5.4% |
| Amounts payable | 17/49 | €32,120 | €22,706 | -€9,415 | -29.3% |
| Amounts payable within one year | 42/48 | €32,120 | €22,706 | -€9,415 | -29.3% |
| Trade debts | 44 | €22,506 | €8,326 | -€14,180 | -63.0% |
| Suppliers | 440/4 | €22,506 | €8,326 | -€14,180 | -63.0% |
| Taxes, remuneration and social security | 45 | €9,615 | €7,776 | -€1,838 | -19.1% |
| Taxes | 450/3 | €8,615 | €1,526 | -€7,088 | -82.3% |
| Remuneration and social security | 454/9 | €1,000 | €6,250 | +€5,250 | +525% |
| Other amounts payable | 47/48 | - | €6,603 | +€6,603 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,307 | €3,134 | -€173 | -5.2% |
| Other operating charges | 640/8 | €614 | €740 | +€127 | +20.6% |
| Non-recurring operating charges | 66A | - | €1,213 | +€1,213 | |
| Gross operating margin | 9900 | €14,703 | €7,524 | -€7,179 | -48.8% |
| Operating profit (loss) | 9901 | €10,783 | €2,437 | -€8,345 | -77.4% |
| Financial income | 75/76B | €0 | €1 | +€1 | +750% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +750% |
| Financial charges | 65/66B | €44 | €53 | +€9 | +20.7% |
| Recurring financial charges | 65 | €44 | €53 | +€9 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | €10,739 | €2,386 | -€8,353 | -77.8% |
| Income taxes | 67/77 | €2,285 | €642 | -€1,643 | -71.9% |
| Profit (loss) for the period | 9904 | €8,454 | €1,744 | -€6,711 | -79.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,454 | €1,744 | -€6,711 | -79.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.