D.M.S. LOGISTICS: 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.M.S. LOGISTICS
Largest movements
- Receivables within one year +€136,736
up €136,736 (+193%), from €70,966 to €207,702
of which Trade receivables: +€124,485
- Tangible fixed assets +€20,992
up €20,992 (+48.9%), from €42,926 to €63,918
of which Other tangible fixed assets: +€25,992
- Intangible fixed assets -€17,193
down €17,193 (-17.7%), from €97,215 to €80,022
- Stocks and contracts -€7,500
down €7,500 (-33.9%), from €22,100 to €14,600
- Deferred charges and accrued income -€4,958
down €4,958 (-41.7%), from €11,893 to €6,934
- Trade debts +€151,995
up €151,995 (+132%), from €115,072 to €267,067
- Tax, wage and social debts +€52,000
up €52,000 (+136%), from €38,202 to €90,202
of which Remuneration and social security: +€64,544
- Other debts -€37,187
down €37,187 (-25.4%), from €146,587 to €109,400
- Debts after one year -€13,330
down €13,330 (-85.4%), from €15,617 to €2,286
- Profit (loss) carried forward -€11,999
down €11,999 (-14.3%), from -€83,654 to -€95,654
- Gross operating margin +€170,851
up €170,851 (+102%), from €167,227 to €338,078
- Staff costs +€156,821
up €156,821 (+100.0%), from €156,865 to €313,686
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 | €287,235 | €417,553 | +€130,319 | +45.4% |
| Fixed assets | 21/28 | €172,960 | €176,510 | +€3,549 | +2.1% |
| Intangible fixed assets | 21 | €97,215 | €80,022 | -€17,193 | -17.7% |
| Tangible fixed assets | 22/27 | €42,926 | €63,918 | +€20,992 | +48.9% |
| Plant, machinery and equipment | 23 | €40,411 | €35,411 | -€5,000 | -12.4% |
| Other tangible fixed assets | 26 | €2,515 | €28,507 | +€25,992 | +1,034% |
| Financial fixed assets | 28 | €32,820 | €32,570 | -€250 | -0.8% |
| Current assets | 29/58 | €114,275 | €241,044 | +€126,769 | +111% |
| Stocks and contracts in progress | 3 | €22,100 | €14,600 | -€7,500 | -33.9% |
| Stocks | 30/36 | €22,100 | €14,600 | -€7,500 | -33.9% |
| Amounts receivable within one year | 40/41 | €70,966 | €207,702 | +€136,736 | +193% |
| Trade receivables | 40 | €59,691 | €184,176 | +€124,485 | +209% |
| Other amounts receivable | 41 | €11,275 | €23,525 | +€12,251 | +109% |
| Cash at bank and in hand | 54/58 | €9,316 | €11,808 | +€2,492 | +26.7% |
| Deferred charges and accrued income | 490/1 | €11,893 | €6,934 | -€4,958 | -41.7% |
| Total equity and liabilities | 10/49 | €287,235 | €417,553 | +€130,319 | +45.4% |
| Equity | 10/15 | -€58,194 | -€70,194 | -€11,999 | -20.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,654 | -€95,654 | -€11,999 | -14.3% |
| Amounts payable | 17/49 | €345,429 | €487,747 | +€142,318 | +41.2% |
| Amounts payable after more than one year | 17 | €15,617 | €2,286 | -€13,330 | -85.4% |
| Financial debts | 170/4 | €15,617 | €2,286 | -€13,330 | -85.4% |
| Amounts payable within one year | 42/48 | €326,379 | €485,419 | +€159,039 | +48.7% |
| Current portion of amounts payable after more than one year | 42 | €12,688 | €13,330 | +€642 | +5.1% |
| Financial debts | 43 | €13,830 | €5,419 | -€8,411 | -60.8% |
| Credit institutions | 430/8 | €13,830 | €5,419 | -€8,411 | -60.8% |
| Trade debts | 44 | €115,072 | €267,067 | +€151,995 | +132% |
| Suppliers | 440/4 | €115,072 | €267,067 | +€151,995 | +132% |
| Taxes, remuneration and social security | 45 | €38,202 | €90,202 | +€52,000 | +136% |
| Taxes | 450/3 | €19,746 | €7,202 | -€12,544 | -63.5% |
| Remuneration and social security | 454/9 | €18,457 | €83,001 | +€64,544 | +350% |
| Other amounts payable | 47/48 | €146,587 | €109,400 | -€37,187 | -25.4% |
| Accrued charges and deferred income | 492/3 | €3,433 | €42 | -€3,391 | -98.8% |
| Remuneration, social security and pensions | 62 | €156,865 | €313,686 | +€156,821 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,430 | €23,846 | +€2,415 | +11.3% |
| Other operating charges | 640/8 | €5,614 | €4,194 | -€1,420 | -25.3% |
| Gross operating margin | 9900 | €167,227 | €338,078 | +€170,851 | +102% |
| Operating profit (loss) | 9901 | -€16,682 | -€3,648 | +€13,034 | +78.1% |
| Financial income | 75/76B | - | €325 | +€325 | |
| Recurring financial income | 75 | - | €325 | +€325 | |
| Financial charges | 65/66B | €6,444 | €8,675 | +€2,232 | +34.6% |
| Recurring financial charges | 65 | €6,444 | €8,675 | +€2,232 | +34.6% |
| Profit (loss) for the period before taxes | 9903 | -€23,126 | -€11,999 | +€11,127 | +48.1% |
| Income taxes | 67/77 | €3 | - | -€3 | |
| Profit (loss) for the period | 9904 | -€23,128 | -€11,999 | +€11,129 | +48.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,128 | -€11,999 | +€11,129 | +48.1% |
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 26 October 2026 via checked.be.