DB-M Cargo: 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.
DB-M Cargo
Largest movements
- Tangible fixed assets -€28,000
down €28,000 (-24.9%), from €112,312 to €84,312
- Receivables within one year -€11,171
down €11,171 (-65.2%), from €17,143 to €5,972
of which Trade receivables: -€11,171
- Debts after one year -€31,904
down €31,904 (-45.6%), from €70,024 to €38,121
- Profit (loss) carried forward -€7,017
down €7,017, from €1,499 to -€5,518
- Advances received -€3,824
no longer reported in 2024 (was €3,824)
- Trade debts +€1,717
up €1,717 (+295.3%), from €581 to €2,298
- Reserves +€1,499
new in 2024: €1,499
- Depreciation +€13,000
up €13,000 (+86.7%), from €15,000 to €28,000
- Gross operating margin +€6,231
up €6,231 (+31.7%), from €19,684 to €25,915
- Financial charges -€919
down €919 (-21.1%), from €4,353 to €3,433
- Other operating charges -€440
no longer reported in 2024 (was €440)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €131,359 | €91,632 | -€39,727 | -30.2% |
| Fixed assets | 21/28 | €112,312 | €84,312 | -€28,000 | -24.9% |
| Tangible fixed assets | 22/27 | €112,312 | €84,312 | -€28,000 | -24.9% |
| Furniture and vehicles | 24 | €112,312 | €84,312 | -€28,000 | -24.9% |
| Current assets | 29/58 | €19,047 | €7,320 | -€11,727 | -61.6% |
| Amounts receivable within one year | 40/41 | €17,143 | €5,972 | -€11,171 | -65.2% |
| Trade receivables | 40 | €16,221 | €5,050 | -€11,171 | -68.9% |
| Other amounts receivable | 41 | €922 | €922 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,904 | €1,348 | -€556 | -29.2% |
| Total equity and liabilities | 10/49 | €131,359 | €91,632 | -€39,727 | -30.2% |
| Equity | 10/15 | €13,999 | €8,481 | -€5,518 | -39.4% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Contributions outside capital | 11 | €12,500 | €12,500 | = | 0.0% |
| Other | 1109/19 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | - | €1,499 | +€1,499 | |
| Distributable reserves | 133 | - | €1,499 | +€1,499 | |
| Profit (loss) carried forward | 14 | €1,499 | -€5,518 | -€7,017 | |
| Amounts payable | 17/49 | €117,360 | €83,152 | -€34,209 | -29.1% |
| Amounts payable after more than one year | 17 | €70,024 | €38,121 | -€31,904 | -45.6% |
| Financial debts | 170/4 | €70,024 | €38,121 | -€31,904 | -45.6% |
| Amounts payable within one year | 42/48 | €45,746 | €43,831 | -€1,914 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €30,775 | €31,904 | +€1,129 | +3.7% |
| Trade debts | 44 | €581 | €2,298 | +€1,717 | +295.3% |
| Suppliers | 440/4 | €581 | €2,298 | +€1,717 | +295.3% |
| Advances received on contracts in progress | 46 | €3,824 | - | -€3,824 | |
| Taxes, remuneration and social security | 45 | €5,634 | €5,332 | -€302 | -5.4% |
| Taxes | 450/3 | €5,634 | €5,332 | -€302 | -5.4% |
| Other amounts payable | 47/48 | €4,932 | €4,297 | -€634 | -12.9% |
| Accrued charges and deferred income | 492/3 | €1,590 | €1,200 | -€390 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,000 | €28,000 | +€13,000 | +86.7% |
| Other operating charges | 640/8 | €440 | - | -€440 | |
| Gross operating margin | 9900 | €19,684 | €25,915 | +€6,231 | +31.7% |
| Operating profit (loss) | 9901 | €4,244 | -€2,085 | -€6,329 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,353 | €3,433 | -€919 | -21.1% |
| Recurring financial charges | 65 | €4,353 | €3,433 | -€919 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | -€108 | -€5,518 | -€5,410 | -4986.7% |
| Income taxes | 67/77 | €71 | - | -€71 | |
| Profit (loss) for the period | 9904 | -€179 | -€5,518 | -€5,339 | -2974.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€179 | -€5,518 | -€5,339 | -2974.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.