D'Store: 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.
D'Store
Largest movements
- Stocks and contracts +€248,445
up €248,445 (+33.2%), from €748,892 to €997,337
- Cash -€64,460
down €64,460 (-28.8%), from €223,903 to €159,443
mainly Stocks and contracts (-€248,445) and Debts after one year (-€59,753)
- Tangible fixed assets -€56,454
down €56,454 (-15.9%), from €355,728 to €299,275
of which Plant, machinery and equipment: -€28,567
- Receivables within one year -€41,665
down €41,665 (-21.3%), from €195,283 to €153,618
of which Trade receivables: -€29,640
- Short-term financial debts +€195,000
up €195,000 (+60.0%), from €325,000 to €520,000
- Debts after one year -€59,753
down €59,753 (-26.0%), from €229,812 to €170,059
- Current portion of long-term debt -€56,034
down €56,034 (-35.3%), from €158,564 to €102,530
- Other debts +€48,330
up €48,330 (+22.4%), from €216,089 to €264,419
- Advances received -€37,857
down €37,857 (-72.2%), from €52,469 to €14,612
- Gross operating margin +€317,866
up €317,866 (+55.2%), from €575,432 to €893,298
- Depreciation +€14,274
up €14,274 (+22.4%), from €63,687 to €77,961
- Staff costs +€9,349
up €9,349 (+1.3%), from €734,257 to €743,606
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,645,845 | €1,719,301 | +€73,456 | +4.5% |
| Fixed assets | 21/28 | €379,835 | €314,579 | -€65,256 | -17.2% |
| Intangible fixed assets | 21 | €24,107 | €15,305 | -€8,802 | -36.5% |
| Tangible fixed assets | 22/27 | €355,728 | €299,275 | -€56,454 | -15.9% |
| Plant, machinery and equipment | 23 | €221,123 | €192,556 | -€28,567 | -12.9% |
| Furniture and vehicles | 24 | €25,387 | €7,465 | -€17,922 | -70.6% |
| Other tangible fixed assets | 26 | €109,219 | €99,253 | -€9,965 | -9.1% |
| Current assets | 29/58 | €1,266,010 | €1,404,722 | +€138,712 | +11.0% |
| Stocks and contracts in progress | 3 | €748,892 | €997,337 | +€248,445 | +33.2% |
| Stocks | 30/36 | €748,892 | €997,337 | +€248,445 | +33.2% |
| Amounts receivable within one year | 40/41 | €195,283 | €153,618 | -€41,665 | -21.3% |
| Trade receivables | 40 | €102,767 | €73,127 | -€29,640 | -28.8% |
| Other amounts receivable | 41 | €92,516 | €80,492 | -€12,025 | -13.0% |
| Cash at bank and in hand | 54/58 | €223,903 | €159,443 | -€64,460 | -28.8% |
| Deferred charges and accrued income | 490/1 | €97,932 | €94,323 | -€3,608 | -3.7% |
| Total equity and liabilities | 10/49 | €1,645,845 | €1,719,301 | +€73,456 | +4.5% |
| Equity | 10/15 | €257,929 | €266,137 | +€8,207 | +3.2% |
| Contributions | 10/11 | €1,211,800 | €1,211,800 | = | 0.0% |
| Reserves | 13 | €85,656 | €85,656 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,969 | €9,969 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,969 | €9,969 | = | 0.0% |
| Tax-exempt reserves | 132 | €662 | €662 | = | 0.0% |
| Distributable reserves | 133 | €75,026 | €75,026 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,039,527 | -€1,031,320 | +€8,207 | +0.8% |
| Amounts payable | 17/49 | €1,387,916 | €1,453,164 | +€65,248 | +4.7% |
| Amounts payable after more than one year | 17 | €229,812 | €170,059 | -€59,753 | -26.0% |
| Financial debts | 170/4 | €229,812 | €170,059 | -€59,753 | -26.0% |
| Amounts payable within one year | 42/48 | €1,151,295 | €1,279,855 | +€128,561 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €158,564 | €102,530 | -€56,034 | -35.3% |
| Financial debts | 43 | €325,000 | €520,000 | +€195,000 | +60.0% |
| Credit institutions | 430/8 | €325,000 | €520,000 | +€195,000 | +60.0% |
| Trade debts | 44 | €265,517 | €249,122 | -€16,395 | -6.2% |
| Suppliers | 440/4 | €265,517 | €249,122 | -€16,395 | -6.2% |
| Advances received on contracts in progress | 46 | €52,469 | €14,612 | -€37,857 | -72.2% |
| Taxes, remuneration and social security | 45 | €133,656 | €129,172 | -€4,484 | -3.4% |
| Taxes | 450/3 | €23,160 | €26,645 | +€3,485 | +15.0% |
| Remuneration and social security | 454/9 | €110,496 | €102,527 | -€7,969 | -7.2% |
| Other amounts payable | 47/48 | €216,089 | €264,419 | +€48,330 | +22.4% |
| Accrued charges and deferred income | 492/3 | €6,809 | €3,250 | -€3,560 | -52.3% |
| Non-recurring operating income | 76A | - | €1,206 | +€1,206 | |
| Remuneration, social security and pensions | 62 | €734,257 | €743,606 | +€9,349 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,687 | €77,961 | +€14,274 | +22.4% |
| Other operating charges | 640/8 | €6,965 | €3,767 | -€3,198 | -45.9% |
| Gross operating margin | 9900 | €575,432 | €893,298 | +€317,866 | +55.2% |
| Operating profit (loss) | 9901 | -€229,477 | €67,965 | +€297,441 | |
| Financial income | 75/76B | €8,661 | €8,214 | -€447 | -5.2% |
| Recurring financial income | 75 | €8,661 | €8,214 | -€447 | -5.2% |
| Financial charges | 65/66B | €62,198 | €67,424 | +€5,226 | +8.4% |
| Recurring financial charges | 65 | €62,198 | €67,424 | +€5,226 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | -€283,014 | €8,754 | +€291,768 | |
| Income taxes | 67/77 | €1,038 | €547 | -€492 | -47.4% |
| Profit (loss) for the period | 9904 | -€284,052 | €8,207 | +€292,260 | |
| Profit (loss) for the period to be appropriated | 9905 | -€284,052 | €8,207 | +€292,260 |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.