D'Ieteren Services: 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.
What changed
D'Ieteren Services
NACE 64.923, Financial service activities, except insurance and pension funding
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€9.5m
2024 · €8.3m+€1.2m
Equity
€728.5m
2024 · €719.0m+€9.5m
Cash
€141,691
2024 · €947,269-€805,578
Balance sheet total
€732.6m
2024 · €794.8m-€62.2m
Largest movements
Assets
- Receivables within one year -€72.5m
down €72.5m (-99.9%), from €72.6m to €49,632
- Deferred charges and accrued income +€12.1m
up €12.1m (+31.5%), from €38.5m to €50.7m
Equity and liabilities
- Tax, wage and social debts -€71.8m
down €71.8m (-94.7%), from €75.8m to €4.0m
- Profit (loss) carried forward +€9.0m
up €9.0m (+9.2%), from €98.3m to €107.3m
Income statement
No income-statement line moved by more than 1% of the activity.
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.
Result 2024
€8.3m
Other operating charges
+€1,629
Other operating items
+€105,680
Financial income
-€3.3m
Financial charges
+€6.5m
Taxes
-€2.1m
Result 2025
€9.5m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€1.3m
Investment
+€458,278
Financing
€0
Cash 2024
€947,269
From operations (derived)
-€1.3m
Net result for the year
+€9.5m
Receivables after one year
+€605,495
Receivables within one year
+€72.5m
Deferred charges and accrued income
-€12.1m
Trade debts
+€48,043
Tax, wage and social debts
-€71.8m
Investment (derived)
+€458,278
Current investments
+€458,278
Cash 2025
€141,691
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €794,821,191 | €732,586,522 | -€62.2m | -7.8% |
| Current assets | 29/58 | €794,821,191 | €732,586,522 | -€62.2m | -7.8% |
| Amounts receivable after more than one year | 29 | €682,000,000 | €681,394,505 | -€605,495 | -0.1% |
| Other amounts receivable | 291 | €682,000,000 | €681,394,505 | -€605,495 | -0.1% |
| Amounts receivable within one year | 40/41 | €72,560,915 | €49,632 | -€72.5m | -99.9% |
| Other amounts receivable | 41 | €72,560,915 | €49,632 | -€72.5m | -99.9% |
| Current investments | 50/53 | €808,278 | €350,000 | -€458,278 | -56.7% |
| Other investments | 51/53 | €808,278 | €350,000 | -€458,278 | -56.7% |
| Cash at bank and in hand | 54/58 | €947,269 | €141,691 | -€805,578 | -85.0% |
| Deferred charges and accrued income | 490/1 | €38,504,729 | €50,650,694 | +€12.1m | +31.5% |
| Total equity and liabilities | 10/49 | €794,821,191 | €732,586,522 | -€62.2m | -7.8% |
| Equity | 10/15 | €718,995,679 | €728,465,588 | +€9.5m | +1.3% |
| Contributions | 10/11 | €610,000,000 | €610,000,000 | = | 0.0% |
| Capital | 10 | €610,000,000 | €610,000,000 | = | 0.0% |
| Issued capital | 100 | €610,000,000 | €610,000,000 | = | 0.0% |
| Reserves | 13 | €10,705,246 | €11,178,741 | +€473,495 | +4.4% |
| Non-distributable reserves | 130/1 | €10,705,246 | €11,178,741 | +€473,495 | +4.4% |
| Legal reserve | 130 | €10,705,246 | €11,178,741 | +€473,495 | +4.4% |
| Profit (loss) carried forward | 14 | €98,290,433 | €107,286,847 | +€9.0m | +9.2% |
| Amounts payable | 17/49 | €75,825,512 | €4,120,934 | -€71.7m | -94.6% |
| Amounts payable within one year | 42/48 | €75,825,512 | €4,120,934 | -€71.7m | -94.6% |
| Trade debts | 44 | €26,460 | €74,503 | +€48,043 | +182% |
| Suppliers | 440/4 | €26,460 | €74,503 | +€48,043 | +182% |
| Taxes, remuneration and social security | 45 | €75,799,052 | €4,046,431 | -€71.8m | -94.7% |
| Taxes | 450/3 | €75,799,052 | €4,046,431 | -€71.8m | -94.7% |
| Operating income | 70/76A | €18 | - | -€18 | |
| Other operating income | 74 | €18 | - | -€18 | |
| Operating charges | 60/66A | €287,736 | €180,409 | -€107,327 | -37.3% |
| Services and other goods | 61 | €286,107 | €180,409 | -€105,698 | -36.9% |
| Other operating charges | 640/8 | €1,629 | - | -€1,629 | |
| Operating profit (loss) | 9901 | -€287,718 | -€180,409 | +€107,309 | +37.3% |
| Financial income | 75/76B | €19,740,136 | €16,459,448 | -€3.3m | -16.6% |
| Recurring financial income | 75 | €19,740,136 | €16,459,448 | -€3.3m | -16.6% |
| Income from current assets | 751 | €19,740,136 | €16,448,624 | -€3.3m | -16.7% |
| Other financial income | 752/9 | - | €10,824 | +€10,824 | |
| Financial charges | 65/66B | €6,548,710 | €63,883 | -€6.5m | -99.0% |
| Recurring financial charges | 65 | €30,438 | €63,883 | +€33,445 | +110% |
| Debt charges | 650 | €3,551 | €60,376 | +€56,825 | +1,600% |
| Other financial charges | 652/9 | €26,887 | €3,507 | -€23,380 | -87.0% |
| Non-recurring financial charges | 66B | €6,518,272 | - | -€6.5m | |
| Profit (loss) for the period before taxes | 9903 | €12,903,708 | €16,215,156 | +€3.3m | +25.7% |
| Income taxes | 67/77 | €4,604,087 | €6,745,247 | +€2.1m | +46.5% |
| Taxes | 670/3 | €4,605,495 | €6,745,247 | +€2.1m | +46.5% |
| Tax adjustments and reversals of tax provisions | 77 | €1,408 | - | -€1,408 | |
| Profit (loss) for the period | 9904 | €8,299,621 | €9,469,909 | +€1.2m | +14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,299,621 | €9,469,909 | +€1.2m | +14.1% |
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 1 November 2026 via checked.be.