ELEKTRO DVO: 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.
ELEKTRO DVO
Largest movements
- Tangible fixed assets -€30,200
down €30,200 (-16.0%), from €189,138 to €158,938
of which Land and buildings: -€29,589
- Receivables within one year +€11,841
up €11,841 (+72.1%), from €16,421 to €28,262
of which Trade receivables: +€15,502
- Deferred charges and accrued income -€4,794
down €4,794 (-65.5%), from €7,323 to €2,529
- Debts after one year -€17,721
down €17,721 (-14.3%), from €123,749 to €106,027
- Profit (loss) carried forward +€9,907
up €9,907 (+19.4%), from -€51,029 to -€41,122
- Other debts -€6,780
down €6,780 (-12.7%), from €53,388 to €46,608
- Short-term financial debts -€5,167
down €5,167 (-26.6%), from €19,444 to €14,277
- Trade debts -€3,135
down €3,135 (-18.2%), from €17,183 to €14,048
- Gross operating margin +€35,949
up €35,949 (+124%), from €29,026 to €64,976
- Other operating charges +€8,877
up €8,877 (+123%), from €7,229 to €16,106
- Financial charges -€1,077
down €1,077 (-12.5%), from €8,618 to €7,540
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 | €215,142 | €191,929 | -€23,214 | -10.8% |
| Fixed assets | 21/28 | €189,138 | €158,938 | -€30,200 | -16.0% |
| Tangible fixed assets | 22/27 | €189,138 | €158,938 | -€30,200 | -16.0% |
| Land and buildings | 22 | €185,693 | €156,105 | -€29,589 | -15.9% |
| Furniture and vehicles | 24 | €3,445 | €2,833 | -€612 | -17.8% |
| Current assets | 29/58 | €26,004 | €32,991 | +€6,987 | +26.9% |
| Stocks and contracts in progress | 3 | €2,261 | €2,200 | -€61 | -2.7% |
| Stocks | 30/36 | €2,261 | €2,200 | -€61 | -2.7% |
| Amounts receivable within one year | 40/41 | €16,421 | €28,262 | +€11,841 | +72.1% |
| Trade receivables | 40 | €10,303 | €25,806 | +€15,502 | +150% |
| Other amounts receivable | 41 | €6,118 | €2,456 | -€3,661 | -59.8% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €7,323 | €2,529 | -€4,794 | -65.5% |
| Total equity and liabilities | 10/49 | €215,142 | €191,929 | -€23,214 | -10.8% |
| Equity | 10/15 | -€17,969 | -€8,062 | +€9,907 | +55.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €26,860 | €26,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,029 | -€41,122 | +€9,907 | +19.4% |
| Amounts payable | 17/49 | €233,112 | €199,991 | -€33,120 | -14.2% |
| Amounts payable after more than one year | 17 | €123,749 | €106,027 | -€17,721 | -14.3% |
| Financial debts | 170/4 | €123,749 | €106,027 | -€17,721 | -14.3% |
| Amounts payable within one year | 42/48 | €109,363 | €93,964 | -€15,399 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €16,911 | €17,721 | +€811 | +4.8% |
| Financial debts | 43 | €19,444 | €14,277 | -€5,167 | -26.6% |
| Credit institutions | 430/8 | €19,444 | €14,277 | -€5,167 | -26.6% |
| Trade debts | 44 | €17,183 | €14,048 | -€3,135 | -18.2% |
| Suppliers | 440/4 | €17,183 | €14,048 | -€3,135 | -18.2% |
| Taxes, remuneration and social security | 45 | €2,437 | €1,310 | -€1,127 | -46.3% |
| Taxes | 450/3 | €1,437 | €310 | -€1,127 | -78.4% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €53,388 | €46,608 | -€6,780 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,880 | €31,118 | +€238 | +0.8% |
| Other operating charges | 640/8 | €7,229 | €16,106 | +€8,877 | +123% |
| Gross operating margin | 9900 | €29,026 | €64,976 | +€35,949 | +124% |
| Operating profit (loss) | 9901 | -€9,082 | €17,751 | +€26,834 | |
| Financial income | 75/76B | €1 | €6 | +€5 | +1,028% |
| Recurring financial income | 75 | €1 | €6 | +€5 | +1,028% |
| Financial charges | 65/66B | €8,618 | €7,540 | -€1,077 | -12.5% |
| Recurring financial charges | 65 | €8,618 | €7,540 | -€1,077 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,700 | €10,217 | +€27,916 | |
| Income taxes | 67/77 | €319 | €310 | -€9 | -2.9% |
| Profit (loss) for the period | 9904 | -€18,019 | €9,907 | +€27,925 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,019 | €9,907 | +€27,925 |
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 21 October 2026 via checked.be.