DB TRANSPORT: 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 TRANSPORT
Largest movements
- Tangible fixed assets -€44,665
down €44,665 (-28.5%), from €156,627 to €111,961
of which Leasing and similar rights: -€23,517
- Receivables within one year +€23,682
up €23,682 (+6.9%), from €344,683 to €368,365
- Cash +€5,315
up €5,315 (+20.7%), from €25,649 to €30,964
mainly Depreciation (+€72,000) and Current portion of long-term debt (+€20,288)
- Debts after one year -€20,729
down €20,729 (-26.3%), from €78,720 to €57,991
- Current portion of long-term debt +€20,288
up €20,288 (+67.3%), from €30,135 to €50,422
- Tax, wage and social debts -€18,384
down €18,384 (-27.7%), from €66,390 to €48,006
of which Taxes: -€27,463
- Trade debts +€11,794
up €11,794 (+8.2%), from €143,513 to €155,307
- Other debts -€5,757
down €5,757 (-76.9%), from €7,484 to €1,727
- Staff costs +€54,866
up €54,866 (+92.9%), from €59,037 to €113,903
- Gross operating margin +€49,742
up €49,742 (+27.3%), from €182,063 to €231,805
- Financial charges -€9,321
down €9,321 (-33.6%), from €27,753 to €18,432
- Other operating charges +€3,364
up €3,364 (+14.5%), from €23,188 to €26,551
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 | €527,777 | €512,108 | -€15,669 | -3.0% |
| Fixed assets | 21/28 | €156,642 | €111,976 | -€44,665 | -28.5% |
| Tangible fixed assets | 22/27 | €156,627 | €111,961 | -€44,665 | -28.5% |
| Plant, machinery and equipment | 23 | €10,885 | €4,872 | -€6,013 | -55.2% |
| Furniture and vehicles | 24 | €32,531 | €17,396 | -€15,136 | -46.5% |
| Leasing and similar rights | 25 | €113,211 | €89,693 | -€23,517 | -20.8% |
| Financial fixed assets | 28 | €15 | €15 | = | 0.0% |
| Current assets | 29/58 | €371,135 | €400,132 | +€28,997 | +7.8% |
| Amounts receivable within one year | 40/41 | €344,683 | €368,365 | +€23,682 | +6.9% |
| Trade receivables | 40 | €344,683 | €368,365 | +€23,682 | +6.9% |
| Cash at bank and in hand | 54/58 | €25,649 | €30,964 | +€5,315 | +20.7% |
| Deferred charges and accrued income | 490/1 | €803 | €803 | = | 0.0% |
| Total equity and liabilities | 10/49 | €527,777 | €512,108 | -€15,669 | -3.0% |
| Equity | 10/15 | €162,016 | €162,003 | -€14 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,556 | €141,543 | -€14 | 0.0% |
| Amounts payable | 17/49 | €365,761 | €350,106 | -€15,655 | -4.3% |
| Amounts payable after more than one year | 17 | €78,720 | €57,991 | -€20,729 | -26.3% |
| Financial debts | 170/4 | €78,720 | €57,991 | -€20,729 | -26.3% |
| Amounts payable within one year | 42/48 | €287,041 | €292,115 | +€5,074 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €30,135 | €50,422 | +€20,288 | +67.3% |
| Financial debts | 43 | €39,519 | €36,653 | -€2,867 | -7.3% |
| Credit institutions | 430/8 | €39,519 | €36,653 | -€2,867 | -7.3% |
| Trade debts | 44 | €143,513 | €155,307 | +€11,794 | +8.2% |
| Suppliers | 440/4 | €143,513 | €155,307 | +€11,794 | +8.2% |
| Taxes, remuneration and social security | 45 | €66,390 | €48,006 | -€18,384 | -27.7% |
| Taxes | 450/3 | €66,390 | €38,927 | -€27,463 | -41.4% |
| Remuneration and social security | 454/9 | - | €9,079 | +€9,079 | |
| Other amounts payable | 47/48 | €7,484 | €1,727 | -€5,757 | -76.9% |
| Remuneration, social security and pensions | 62 | €59,037 | €113,903 | +€54,866 | +92.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,035 | €72,000 | +€1,965 | +2.8% |
| Other operating charges | 640/8 | €23,188 | €26,551 | +€3,364 | +14.5% |
| Gross operating margin | 9900 | €182,063 | €231,805 | +€49,742 | +27.3% |
| Operating profit (loss) | 9901 | €29,803 | €19,350 | -€10,454 | -35.1% |
| Financial income | 75/76B | €8 | €290 | +€282 | +3,546% |
| Recurring financial income | 75 | €8 | €290 | +€282 | +3,546% |
| Financial charges | 65/66B | €27,753 | €18,432 | -€9,321 | -33.6% |
| Recurring financial charges | 65 | €27,753 | €18,432 | -€9,321 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €2,058 | €1,208 | -€850 | -41.3% |
| Income taxes | 67/77 | €1,255 | €1,222 | -€33 | -2.7% |
| Profit (loss) for the period | 9904 | €803 | -€14 | -€817 | |
| Profit (loss) for the period to be appropriated | 9905 | €803 | -€14 | -€817 |
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 23 October 2026 via checked.be.