D&S TRUCKS: what changed
Two fiscal 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&S TRUCKS
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€499,041
2024 · €543,170-€44,129
Equity
€6.8m
2024 · €6.6m+€159,980
Cash
€649,688
2024 · €423,409+€226,279
Balance sheet total
€8.1m
2024 · €8.2m-€69,558
Largest movements
Assets
- Cash +€226,279
up €226,279 (+53.4%), from €423,409 to €649,688
mainly Net result for the year (+€499,041) and Depreciation (+€170,593)
- Tangible fixed assets -€170,593
down €170,593 (-4.6%), from €3.7m to €3.5m
of which Land and buildings: -€158,283
Equity and liabilities
- Debts after one year -€232,804
down €232,804 (-18.2%), from €1.3m to €1.0m
- Reserves +€159,980
up €159,980 (+4.9%), from €3.3m to €3.4m
of which Distributable reserves: +€159,980
Income statement
- Financial income -€52,922
down €52,922 (-18.6%), from €284,565 to €231,643
of which Financial income: -€52,922
- Other operating charges +€21,602
up €21,602 (+117.0%), from €18,461 to €40,064
- Services and other goods -€19,130
down €19,130 (-9.8%), from €195,899 to €176,769
- Turnover +€10,151
up €10,151 (+1.3%), from €768,500 to €778,651
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
€543,170
Turnover
+€10,151
Other operating income
-€2,151
Services and other goods
+€19,130
Other operating charges
-€21,602
Financial income
-€52,922
Financial charges
+€1,803
Taxes
+€1,464
Result 2025
€499,041
Cash bridge derived
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
+€743,082
Investment
+€50,402
Financing
-€567,205
Cash 2024
€423,409
From operations (derived)
+€743,082
Net result for the year
+€499,041
Depreciation
+€170,593
Receivables after one year
+€60,000
Receivables within one year
-€6,583
Deferred charges and accrued income
+€21,425
Trade debts
-€3,110
Smaller working-capital items
-€1,078
Accrued charges and deferred income
+€2,794
Investment (derived)
+€50,402
Investment in fixed assets (net)
+€50,402
Financing
-€567,205
Debts after one year
-€232,804
Current portion of long-term debt
+€4,661
Contributions, distributions and other
-€339,061
Cash 2025
€649,688
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,154,340 | €8,084,782 | -€69,558 | -0.9% |
| Fixed assets | 21/28 | €6,933,810 | €6,712,814 | -€220,995 | -3.2% |
| Tangible fixed assets | 22/27 | €3,671,146 | €3,500,553 | -€170,593 | -4.6% |
| Land and buildings | 22 | €3,647,302 | €3,489,019 | -€158,283 | -4.3% |
| Furniture and vehicles | 24 | €23,845 | €11,535 | -€12,310 | -51.6% |
| Financial fixed assets | 28 | €3,262,663 | €3,212,261 | -€50,402 | -1.5% |
| Affiliated companies | 280/1 | €3,262,663 | €3,212,261 | -€50,402 | -1.5% |
| Participating interests | 280 | €3,262,663 | €3,212,261 | -€50,402 | -1.5% |
| Current assets | 29/58 | €1,220,531 | €1,371,968 | +€151,437 | +12.4% |
| Amounts receivable after more than one year | 29 | €466,477 | €406,477 | -€60,000 | -12.9% |
| Other amounts receivable | 291 | €466,477 | €406,477 | -€60,000 | -12.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €299,419 | €306,002 | +€6,583 | +2.2% |
| Trade receivables | 40 | €80,138 | €50,588 | -€29,549 | -36.9% |
| Other amounts receivable | 41 | €219,282 | €255,414 | +€36,132 | +16.5% |
| Cash at bank and in hand | 54/58 | €423,409 | €649,688 | +€226,279 | +53.4% |
| Deferred charges and accrued income | 490/1 | €31,226 | €9,801 | -€21,425 | -68.6% |
| Total equity and liabilities | 10/49 | €8,154,340 | €8,084,782 | -€69,558 | -0.9% |
| Equity | 10/15 | €6,600,011 | €6,759,991 | +€159,980 | +2.4% |
| Contributions | 10/11 | €3,350,000 | €3,350,000 | = | 0.0% |
| Reserves | 13 | €3,250,011 | €3,409,991 | +€159,980 | +4.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €3,250,011 | €3,409,991 | +€159,980 | +4.9% |
| Amounts payable | 17/49 | €1,554,329 | €1,324,791 | -€229,538 | -14.8% |
| Amounts payable after more than one year | 17 | €1,277,114 | €1,044,309 | -€232,804 | -18.2% |
| Financial debts | 170/4 | €1,277,114 | €1,044,309 | -€232,804 | -18.2% |
| Credit institutions | 173 | €1,277,114 | €1,044,309 | -€232,804 | -18.2% |
| Amounts payable within one year | 42/48 | €277,203 | €277,675 | +€473 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €228,144 | €232,804 | +€4,661 | +2.0% |
| Trade debts | 44 | €7,442 | €4,331 | -€3,110 | -41.8% |
| Suppliers | 440/4 | €7,442 | €4,331 | -€3,110 | -41.8% |
| Taxes, remuneration and social security | 45 | €41,040 | €40,540 | -€500 | -1.2% |
| Taxes | 450/3 | €35,540 | €35,040 | -€500 | -1.4% |
| Remuneration and social security | 454/9 | €5,500 | €5,500 | = | 0.0% |
| Other amounts payable | 47/48 | €577 | €0 | -€577 | -100.0% |
| Accrued charges and deferred income | 492/3 | €13 | €2,807 | +€2,794 | +21556.0% |
| Operating income | 70/76A | €778,386 | €786,386 | +€8,000 | +1.0% |
| Turnover | 70 | €768,500 | €778,651 | +€10,151 | +1.3% |
| Other operating income | 74 | €9,886 | €7,735 | -€2,151 | -21.8% |
| Operating charges | 60/66A | €384,953 | €387,426 | +€2,473 | +0.6% |
| Services and other goods | 61 | €195,899 | €176,769 | -€19,130 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170,593 | €170,593 | = | 0.0% |
| Other operating charges | 640/8 | €18,461 | €40,064 | +€21,602 | +117.0% |
| Operating profit (loss) | 9901 | €393,433 | €398,960 | +€5,527 | +1.4% |
| Financial income | 75/76B | €284,565 | €231,643 | -€52,922 | -18.6% |
| Recurring financial income | 75 | €284,565 | €231,643 | -€52,922 | -18.6% |
| Income from financial fixed assets | 750 | €267,608 | €227,615 | -€39,993 | -14.9% |
| Income from current assets | 751 | - | €4,028 | +€4,028 | |
| Other financial income | 752/9 | €16,957 | - | -€16,957 | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €39,191 | €37,389 | -€1,803 | -4.6% |
| Recurring financial charges | 65 | €39,191 | €37,389 | -€1,803 | -4.6% |
| Debt charges | 650 | €38,881 | €37,056 | -€1,825 | -4.7% |
| Other financial charges | 652/9 | €310 | €333 | +€23 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €638,807 | €593,214 | -€45,593 | -7.1% |
| Income taxes | 67/77 | €95,637 | €94,173 | -€1,464 | -1.5% |
| Taxes | 670/3 | €95,637 | €94,173 | -€1,464 | -1.5% |
| Profit (loss) for the period | 9904 | €543,170 | €499,041 | -€44,129 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €543,170 | €499,041 | -€44,129 | -8.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.