D.A.S. TRANS: 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.
D.A.S. TRANS
Largest movements
- Receivables within one year +€14,784
up €14,784 (+60.6%), from €24,414 to €39,197
of which Trade receivables: +€14,784
- Tangible fixed assets +€11,136
up €11,136 (+33.1%), from €33,623 to €44,759
of which Plant, machinery and equipment: +€8,598
- Cash -€2,720
down €2,720 (-10.8%), from €25,291 to €22,571
mainly Investment in fixed assets (net) (-€19,015) and Other debts (-€17,824)
- Deferred charges and accrued income -€2,274
down €2,274 (-76.0%), from €2,992 to €719
- Reserves +€23,421
up €23,421 (+75.9%), from €30,847 to €54,268
of which Distributable reserves: +€23,421
- Other debts -€17,824
down €17,824 (-99.1%), from €17,992 to €168
- Debts after one year +€12,568
new in 2025: €12,568
- Tax, wage and social debts -€3,829
down €3,829 (-13.1%), from €29,256 to €25,428
of which Taxes: -€6,688
- Trade debts +€3,378
up €3,378 (+111%), from €3,054 to €6,433
- Staff costs +€24,674
new in 2025: €24,674
- Gross operating margin +€14,330
up €14,330 (+26.5%), from €54,025 to €68,355
- Taxes -€4,480
down €4,480 (-30.8%), from €14,558 to €10,078
- Depreciation +€2,950
up €2,950 (+59.9%), from €4,929 to €7,880
- Financial charges +€1,008
up €1,008 (+621%), from €162 to €1,170
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 | €87,350 | €108,276 | +€20,926 | +24.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €34,653 | €45,789 | +€11,136 | +32.1% |
| Tangible fixed assets | 22/27 | €33,623 | €44,759 | +€11,136 | +33.1% |
| Plant, machinery and equipment | 23 | €1,711 | €10,308 | +€8,598 | +503% |
| Furniture and vehicles | 24 | €11,656 | €7,980 | -€3,676 | -31.5% |
| Other tangible fixed assets | 26 | €20,257 | €26,470 | +€6,214 | +30.7% |
| Financial fixed assets | 28 | €1,030 | €1,030 | = | 0.0% |
| Current assets | 29/58 | €52,697 | €62,487 | +€9,790 | +18.6% |
| Amounts receivable within one year | 40/41 | €24,414 | €39,197 | +€14,784 | +60.6% |
| Trade receivables | 40 | €24,289 | €39,072 | +€14,784 | +60.9% |
| Other amounts receivable | 41 | €125 | €125 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,291 | €22,571 | -€2,720 | -10.8% |
| Deferred charges and accrued income | 490/1 | €2,992 | €719 | -€2,274 | -76.0% |
| Total equity and liabilities | 10/49 | €87,350 | €108,276 | +€20,926 | +24.0% |
| Equity | 10/15 | €37,047 | €60,468 | +€23,421 | +63.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €30,847 | €54,268 | +€23,421 | +75.9% |
| Non-distributable reserves | 130/1 | €677 | €677 | = | 0.0% |
| Reserves not available under the articles | 1311 | €677 | €677 | = | 0.0% |
| Distributable reserves | 133 | €30,170 | €53,591 | +€23,421 | +77.6% |
| Amounts payable | 17/49 | €50,303 | €47,808 | -€2,495 | -5.0% |
| Amounts payable after more than one year | 17 | - | €12,568 | +€12,568 | |
| Financial debts | 170/4 | - | €12,568 | +€12,568 | |
| Amounts payable within one year | 42/48 | €50,303 | €35,240 | -€15,063 | -29.9% |
| Current portion of amounts payable after more than one year | 42 | - | €3,212 | +€3,212 | |
| Trade debts | 44 | €3,054 | €6,433 | +€3,378 | +111% |
| Suppliers | 440/4 | €3,054 | €6,433 | +€3,378 | +111% |
| Taxes, remuneration and social security | 45 | €29,256 | €25,428 | -€3,829 | -13.1% |
| Taxes | 450/3 | €29,256 | €22,568 | -€6,688 | -22.9% |
| Remuneration and social security | 454/9 | - | €2,860 | +€2,860 | |
| Other amounts payable | 47/48 | €17,992 | €168 | -€17,824 | -99.1% |
| Remuneration, social security and pensions | 62 | - | €24,674 | +€24,674 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,929 | €7,880 | +€2,950 | +59.9% |
| Other operating charges | 640/8 | €656 | €1,133 | +€476 | +72.6% |
| Gross operating margin | 9900 | €54,025 | €68,355 | +€14,330 | +26.5% |
| Operating profit (loss) | 9901 | €48,440 | €34,670 | -€13,770 | -28.4% |
| Financial charges | 65/66B | €162 | €1,170 | +€1,008 | +621% |
| Recurring financial charges | 65 | €162 | €1,170 | +€1,008 | +621% |
| Profit (loss) for the period before taxes | 9903 | €48,278 | €33,499 | -€14,779 | -30.6% |
| Income taxes | 67/77 | €14,558 | €10,078 | -€4,480 | -30.8% |
| Profit (loss) for the period | 9904 | €33,719 | €23,421 | -€10,299 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,719 | €23,421 | -€10,299 | -30.5% |
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 13 October 2026 via checked.be.