D-MOTOR: 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-MOTOR
Largest movements
- Receivables within one year +€146,633
up €146,633 (+71.7%), from €204,401 to €351,034
of which Trade receivables: +€149,976
- Intangible fixed assets -€125,573
down €125,573 (-13.0%), from €967,362 to €841,788
- Trade debts -€162,285
down €162,285 (-33.5%), from €483,805 to €321,520
- Other debts +€155,848
up €155,848 (+16.0%), from €975,995 to €1.1m
- Debts after one year -€41,353
no longer reported in 2025 (was €41,353)
- Tax, wage and social debts +€39,491
up €39,491 (+899%), from €4,391 to €43,882
- Profit (loss) carried forward +€35,087
up €35,087 (+5.1%), from -€687,266 to -€652,179
- Gross operating margin +€291,101
up €291,101, from -€64,369 to €226,732
- Depreciation +€10,745
up €10,745 (+6.4%), from €167,471 to €178,216
- Staff costs -€7,518
no longer reported in 2025 (was €7,518)
- Taxes +€2,360
new in 2025: €2,360
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 | €1,920,472 | €1,918,429 | -€2,043 | -0.1% |
| Fixed assets | 21/28 | €1,071,725 | €928,070 | -€143,655 | -13.4% |
| Intangible fixed assets | 21 | €967,362 | €841,788 | -€125,573 | -13.0% |
| Tangible fixed assets | 22/27 | €71,053 | €52,971 | -€18,082 | -25.4% |
| Land and buildings | 22 | €12,720 | €9,249 | -€3,471 | -27.3% |
| Plant, machinery and equipment | 23 | €43,007 | €31,145 | -€11,862 | -27.6% |
| Furniture and vehicles | 24 | €6,675 | €5,355 | -€1,319 | -19.8% |
| Other tangible fixed assets | 26 | €8,651 | €7,222 | -€1,429 | -16.5% |
| Financial fixed assets | 28 | €33,310 | €33,310 | = | 0.0% |
| Current assets | 29/58 | €848,747 | €990,359 | +€141,612 | +16.7% |
| Stocks and contracts in progress | 3 | €623,252 | €623,252 | = | 0.0% |
| Stocks | 30/36 | €623,252 | €623,252 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €204,401 | €351,034 | +€146,633 | +71.7% |
| Trade receivables | 40 | €201,058 | €351,034 | +€149,976 | +74.6% |
| Other amounts receivable | 41 | €3,343 | - | -€3,343 | |
| Cash at bank and in hand | 54/58 | €1,384 | €5,133 | +€3,749 | +271% |
| Deferred charges and accrued income | 490/1 | €19,710 | €10,940 | -€8,769 | -44.5% |
| Total equity and liabilities | 10/49 | €1,920,472 | €1,918,429 | -€2,043 | -0.1% |
| Equity | 10/15 | €194,743 | €229,830 | +€35,087 | +18.0% |
| Contributions | 10/11 | €763,607 | €763,607 | = | 0.0% |
| Reserves | 13 | €118,403 | €118,403 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €70,243 | +€70,243 | |
| Reserves not available under the articles | 1311 | - | €70,243 | +€70,243 | |
| Distributable reserves | 133 | €118,403 | €48,159 | -€70,243 | -59.3% |
| Profit (loss) carried forward | 14 | -€687,266 | -€652,179 | +€35,087 | +5.1% |
| Amounts payable | 17/49 | €1,725,728 | €1,688,598 | -€37,130 | -2.2% |
| Amounts payable after more than one year | 17 | €41,353 | - | -€41,353 | |
| Financial debts | 170/4 | €41,353 | - | -€41,353 | |
| Amounts payable within one year | 42/48 | €1,684,375 | €1,688,598 | +€4,223 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €70,183 | €41,353 | -€28,830 | -41.1% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €483,805 | €321,520 | -€162,285 | -33.5% |
| Suppliers | 440/4 | €483,805 | €321,520 | -€162,285 | -33.5% |
| Taxes, remuneration and social security | 45 | €4,391 | €43,882 | +€39,491 | +899% |
| Taxes | 450/3 | €4,391 | €43,882 | +€39,491 | +899% |
| Other amounts payable | 47/48 | €975,995 | €1,131,843 | +€155,848 | +16.0% |
| Remuneration, social security and pensions | 62 | €7,518 | - | -€7,518 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167,471 | €178,216 | +€10,745 | +6.4% |
| Other operating charges | 640/8 | €1,329 | €1,416 | +€87 | +6.5% |
| Gross operating margin | 9900 | -€64,369 | €226,732 | +€291,101 | |
| Operating profit (loss) | 9901 | -€240,687 | €47,101 | +€287,788 | |
| Financial income | 75/76B | €318 | €32 | -€286 | -89.9% |
| Recurring financial income | 75 | €318 | €32 | -€286 | -89.9% |
| Financial charges | 65/66B | €11,745 | €9,686 | -€2,060 | -17.5% |
| Recurring financial charges | 65 | €11,745 | €9,686 | -€2,060 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | -€252,114 | €37,447 | +€289,561 | |
| Income taxes | 67/77 | - | €2,360 | +€2,360 | |
| Profit (loss) for the period | 9904 | -€252,114 | €35,087 | +€287,201 | |
| Profit (loss) for the period to be appropriated | 9905 | -€252,114 | €35,087 | +€287,201 |
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 17 October 2026 via checked.be.