D.G.P.S.: what changed
What changed
D.G.P.S.
NACE 52.220, Warehousing and support activities for transportation
filed annual accounts (NBB)
Net result for the year
-€763,410
2024 · €68,620-€832,029
Equity
-€258,961
2024 · €504,448-€763,410
Cash
€134,232
2024 · €18,164+€116,068
Balance sheet total
€3.0m
2024 · €957,995+€2.0m
Largest movements
Assets
- Receivables within one year +€1.8m
up €1.8m (+266%), from €657,711 to €2.4m
of which Other amounts receivable: +€2.1m
- Tangible fixed assets +€132,431
up €132,431 (+48.1%), from €275,070 to €407,501
- Cash +€116,068
up €116,068 (+639%), from €18,164 to €134,232
mainly Trade debts (+€2.6m) and Accrued charges and deferred income (+€237,832)
Equity and liabilities
- Trade debts +€2.6m
up €2.6m (+736%), from €349,503 to €2.9m
- Reserves -€490,048
down €490,048 (-99.6%), from €492,048 to €2,000
of which Distributable reserves: -€490,048
- Profit (loss) carried forward -€273,361
new in 2025: -€273,361
- Accrued charges and deferred income +€237,832
new in 2025: €237,832
- Other debts -€68,000
no longer reported in 2025 (was €68,000)
Income statement
- Purchases and services +€4.3m
up €4.3m (+435%), from €994,185 to €5.3m
- Turnover +€3.5m
up €3.5m (+247%), from €1.4m to €5.0m
- Gross operating margin -€799,351
down €799,351, from €434,913 to -€364,439
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€68,620
Gross operating margin
-€799,351
Staff costs
-€4,066
Depreciation
-€26,924
Other operating charges
+€1,132
Financial income
+€1,628
Financial charges
-€4,920
Taxes
+€474
Result 2025
-€763,410
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€324,629
Investment
-€208,560
Financing
€0
Cash 2024
€18,164
From operations (derived)
+€324,629
Net result for the year
-€763,410
Depreciation
+€76,129
Receivables within one year
-€1.8m
Deferred charges and accrued income
-€9,915
Trade debts
+€2.6m
Tax, wage and social debts
+€30,781
Other debts
-€68,000
Accrued charges and deferred income
+€237,832
Investment (derived)
-€208,560
Investment in fixed assets (net)
-€208,560
Cash 2025
€134,232
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €957,995 | €2,967,539 | +€2.0m | +210% |
| Fixed assets | 21/28 | €275,433 | €407,864 | +€132,431 | +48.1% |
| Tangible fixed assets | 22/27 | €275,070 | €407,501 | +€132,431 | +48.1% |
| Plant, machinery and equipment | 23 | €275,070 | €407,501 | +€132,431 | +48.1% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €682,562 | €2,559,675 | +€1.9m | +275% |
| Amounts receivable within one year | 40/41 | €657,711 | €2,408,839 | +€1.8m | +266% |
| Trade receivables | 40 | €622,361 | €311,121 | -€311,240 | -50.0% |
| Other amounts receivable | 41 | €35,349 | €2,097,718 | +€2.1m | +5,834% |
| Cash at bank and in hand | 54/58 | €18,164 | €134,232 | +€116,068 | +639% |
| Deferred charges and accrued income | 490/1 | €6,688 | €16,604 | +€9,915 | +148% |
| Total equity and liabilities | 10/49 | €957,995 | €2,967,539 | +€2.0m | +210% |
| Equity | 10/15 | €504,448 | -€258,961 | -€763,410 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Uncalled capital | 101 | €7,600 | €7,600 | = | 0.0% |
| Reserves | 13 | €492,048 | €2,000 | -€490,048 | -99.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €490,048 | - | -€490,048 | |
| Profit (loss) carried forward | 14 | - | -€273,361 | -€273,361 | |
| Amounts payable | 17/49 | €453,547 | €3,226,500 | +€2.8m | +611% |
| Amounts payable within one year | 42/48 | €453,547 | €2,988,668 | +€2.5m | +559% |
| Trade debts | 44 | €349,503 | €2,921,844 | +€2.6m | +736% |
| Suppliers | 440/4 | €349,503 | €2,921,844 | +€2.6m | +736% |
| Taxes, remuneration and social security | 45 | €36,043 | €66,824 | +€30,781 | +85.4% |
| Taxes | 450/3 | €1,373 | €34,130 | +€32,757 | +2,386% |
| Remuneration and social security | 454/9 | €34,670 | €32,694 | -€1,977 | -5.7% |
| Other amounts payable | 47/48 | €68,000 | - | -€68,000 | |
| Accrued charges and deferred income | 492/3 | - | €237,832 | +€237,832 | |
| Turnover | 70 | €1,429,098 | €4,955,381 | +€3.5m | +247% |
| Goods, raw materials, services and sundry goods | 60/61 | €994,185 | €5,319,820 | +€4.3m | +435% |
| Remuneration, social security and pensions | 62 | €314,946 | €319,012 | +€4,066 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,205 | €76,129 | +€26,924 | +54.7% |
| Other operating charges | 640/8 | €1,132 | - | -€1,132 | |
| Gross operating margin | 9900 | €434,913 | -€364,439 | -€799,351 | |
| Operating profit (loss) | 9901 | €69,630 | -€759,580 | -€829,210 | |
| Financial income | 75/76B | €108 | €1,736 | +€1,628 | +1,505% |
| Recurring financial income | 75 | €108 | €1,736 | +€1,628 | +1,505% |
| Financial charges | 65/66B | €645 | €5,566 | +€4,920 | +763% |
| Recurring financial charges | 65 | €645 | €5,566 | +€4,920 | +763% |
| Profit (loss) for the period before taxes | 9903 | €69,093 | -€763,410 | -€832,503 | |
| Income taxes | 67/77 | €474 | - | -€474 | |
| Profit (loss) for the period | 9904 | €68,620 | -€763,410 | -€832,029 | |
| Profit (loss) for the period to be appropriated | 9905 | €68,620 | -€763,410 | -€832,029 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.