DALTRANS: 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.
DALTRANS
Largest movements
- Tangible fixed assets -€132,571
down €132,571 (-15.6%), from €849,722 to €717,151
of which Leasing and similar rights: -€152,142
- Deferred charges and accrued income +€80,737
up €80,737 (+253.0%), from €31,909 to €112,645
- Cash +€71,353
up €71,353 (+74.3%), from €95,976 to €167,328
mainly Depreciation (+€387,483) and Net result for the year (+€109,710)
- Receivables within one year +€58,583
up €58,583 (+13.5%), from €433,659 to €492,242
of which Trade receivables: +€44,466
- Debts after one year -€118,060
down €118,060 (-44.2%), from €267,052 to €148,992
- Reserves +€109,710
up €109,710 (+20.8%), from €526,428 to €636,138
- Trade debts +€106,796
up €106,796 (+95.5%), from €111,801 to €218,597
- Current portion of long-term debt -€90,989
down €90,989 (-33.5%), from €271,273 to €180,284
- Other debts +€39,744
up €39,744 (+37.7%), from €105,335 to €145,078
- Gross operating margin +€123,321
up €123,321 (+6.7%), from €1.8m to €2.0m
- Other operating charges +€47,719
up €47,719 (+18.7%), from €255,383 to €303,102
- Taxes +€27,915
up €27,915 (+209.1%), from €13,348 to €41,263
- Staff costs +€20,369
up €20,369 (+2.0%), from €1.0m to €1.1m
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 | €1,416,941 | €1,495,069 | +€78,128 | +5.5% |
| Fixed assets | 21/28 | €851,396 | €718,825 | -€132,571 | -15.6% |
| Tangible fixed assets | 22/27 | €849,722 | €717,151 | -€132,571 | -15.6% |
| Plant, machinery and equipment | 23 | €27,900 | €34,804 | +€6,904 | +24.7% |
| Furniture and vehicles | 24 | €592,900 | €605,567 | +€12,667 | +2.1% |
| Leasing and similar rights | 25 | €228,922 | €76,779 | -€152,142 | -66.5% |
| Financial fixed assets | 28 | €1,675 | €1,675 | = | 0.0% |
| Current assets | 29/58 | €565,544 | €776,244 | +€210,699 | +37.3% |
| Amounts receivable within one year | 40/41 | €433,659 | €492,242 | +€58,583 | +13.5% |
| Trade receivables | 40 | €413,903 | €458,368 | +€44,466 | +10.7% |
| Other amounts receivable | 41 | €19,756 | €33,874 | +€14,118 | +71.5% |
| Current investments | 50/53 | €4,001 | €4,028 | +€26 | +0.7% |
| Cash at bank and in hand | 54/58 | €95,976 | €167,328 | +€71,353 | +74.3% |
| Deferred charges and accrued income | 490/1 | €31,909 | €112,645 | +€80,737 | +253.0% |
| Total equity and liabilities | 10/49 | €1,416,941 | €1,495,069 | +€78,128 | +5.5% |
| Equity | 10/15 | €545,020 | €654,730 | +€109,710 | +20.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €526,428 | €636,138 | +€109,710 | +20.8% |
| Distributable reserves | 133 | €526,428 | €636,138 | +€109,710 | +20.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €871,921 | €840,339 | -€31,582 | -3.6% |
| Amounts payable after more than one year | 17 | €267,052 | €148,992 | -€118,060 | -44.2% |
| Financial debts | 170/4 | €267,052 | €148,992 | -€118,060 | -44.2% |
| Amounts payable within one year | 42/48 | €604,119 | €691,347 | +€87,228 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €271,273 | €180,284 | -€90,989 | -33.5% |
| Financial debts | 43 | €0 | €58 | +€58 | |
| Credit institutions | 430/8 | €0 | €58 | +€58 | |
| Trade debts | 44 | €111,801 | €218,597 | +€106,796 | +95.5% |
| Suppliers | 440/4 | €111,801 | €218,597 | +€106,796 | +95.5% |
| Advances received on contracts in progress | 46 | €545 | €15,750 | +€15,205 | +2789.9% |
| Taxes, remuneration and social security | 45 | €115,165 | €131,579 | +€16,414 | +14.3% |
| Taxes | 450/3 | €24,053 | €21,973 | -€2,081 | -8.7% |
| Remuneration and social security | 454/9 | €91,112 | €109,606 | +€18,494 | +20.3% |
| Other amounts payable | 47/48 | €105,335 | €145,078 | +€39,744 | +37.7% |
| Accrued charges and deferred income | 492/3 | €750 | €0 | -€750 | -100.0% |
| Non-recurring operating income | 76A | €210,798 | €123,750 | -€87,048 | -41.3% |
| Remuneration, social security and pensions | 62 | €1,039,966 | €1,060,335 | +€20,369 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €373,039 | €387,483 | +€14,444 | +3.9% |
| Other operating charges | 640/8 | €255,383 | €303,102 | +€47,719 | +18.7% |
| Non-recurring operating charges | 66A | €1,086 | €17,204 | +€16,117 | +1483.8% |
| Gross operating margin | 9900 | €1,827,785 | €1,951,106 | +€123,321 | +6.7% |
| Operating profit (loss) | 9901 | €158,311 | €182,983 | +€24,672 | +15.6% |
| Financial income | 75/76B | €62 | €39 | -€22 | -36.0% |
| Recurring financial income | 75 | €62 | €39 | -€22 | -36.0% |
| Financial charges | 65/66B | €40,271 | €32,049 | -€8,223 | -20.4% |
| Recurring financial charges | 65 | €40,271 | €32,049 | -€8,223 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €118,101 | €150,973 | +€32,872 | +27.8% |
| Income taxes | 67/77 | €13,348 | €41,263 | +€27,915 | +209.1% |
| Profit (loss) for the period | 9904 | €104,753 | €109,710 | +€4,957 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €104,753 | €109,710 | +€4,957 | +4.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.