DENIS DAVID TRANSPORTS: what changed
DENIS DAVID TRANSPORTS
Largest movements
- Tangible fixed assets +€25,713
up €25,713 (+128%), from €20,094 to €45,807
- Receivables within one year +€24,235
up €24,235 (+21.7%), from €111,480 to €135,715
of which Other amounts receivable: +€15,178
- Cash -€8,992
down €8,992 (-36.3%), from €24,757 to €15,765
mainly Investment in fixed assets (net) (-€45,527) and Receivables within one year (-€24,235)
- Debts after one year +€33,927
new in 2025: €33,927
- Tax, wage and social debts +€18,202
up €18,202 (+344%), from €5,296 to €23,498
of which Taxes: +€18,337
- Trade debts -€11,845
down €11,845 (-10.9%), from €108,543 to €96,699
- Profit (loss) carried forward +€2,234
up €2,234, from -€2,010 to €223
- Gross operating margin +€16,681
up €16,681 (+133%), from €12,537 to €29,217
- Depreciation +€8,243
up €8,243 (+74.1%), from €11,120 to €19,364
- Taxes +€2,582
up €2,582 (+740%), from €349 to €2,932
- Other operating charges +€2,353
up €2,353 (+144%), from €1,633 to €3,987
- Financial charges -€1,169
down €1,169 (-49.4%), from €2,365 to €1,196
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,250 | €202,223 | +€42,974 | +27.0% |
| Fixed assets | 21/28 | €20,544 | €46,707 | +€26,163 | +127% |
| Tangible fixed assets | 22/27 | €20,094 | €45,807 | +€25,713 | +128% |
| Furniture and vehicles | 24 | €20,094 | €45,807 | +€25,713 | +128% |
| Financial fixed assets | 28 | €450 | €900 | +€450 | +100% |
| Current assets | 29/58 | €138,706 | €155,516 | +€16,811 | +12.1% |
| Amounts receivable within one year | 40/41 | €111,480 | €135,715 | +€24,235 | +21.7% |
| Trade receivables | 40 | €102,376 | €111,433 | +€9,057 | +8.8% |
| Other amounts receivable | 41 | €9,103 | €24,281 | +€15,178 | +167% |
| Cash at bank and in hand | 54/58 | €24,757 | €15,765 | -€8,992 | -36.3% |
| Deferred charges and accrued income | 490/1 | €2,469 | €4,036 | +€1,567 | +63.5% |
| Total equity and liabilities | 10/49 | €159,250 | €202,223 | +€42,974 | +27.0% |
| Equity | 10/15 | €36,490 | €38,723 | +€2,234 | +6.1% |
| Contributions | 10/11 | €5,500 | €5,500 | = | 0.0% |
| Reserves | 13 | €33,000 | €33,000 | = | 0.0% |
| Distributable reserves | 133 | €33,000 | €33,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,010 | €223 | +€2,234 | |
| Amounts payable | 17/49 | €122,760 | €163,500 | +€40,740 | +33.2% |
| Amounts payable after more than one year | 17 | - | €33,927 | +€33,927 | |
| Financial debts | 170/4 | - | €33,927 | +€33,927 | |
| Amounts payable within one year | 42/48 | €122,760 | €129,573 | +€6,813 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €8,920 | €9,376 | +€455 | +5.1% |
| Trade debts | 44 | €108,543 | €96,699 | -€11,845 | -10.9% |
| Suppliers | 440/4 | €108,543 | €96,699 | -€11,845 | -10.9% |
| Taxes, remuneration and social security | 45 | €5,296 | €23,498 | +€18,202 | +344% |
| Taxes | 450/3 | €5,162 | €23,498 | +€18,337 | +355% |
| Remuneration and social security | 454/9 | €134 | - | -€134 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,120 | €19,364 | +€8,243 | +74.1% |
| Other operating charges | 640/8 | €1,633 | €3,987 | +€2,353 | +144% |
| Non-recurring operating charges | 66A | €90 | - | -€90 | |
| Gross operating margin | 9900 | €12,537 | €29,217 | +€16,681 | +133% |
| Operating profit (loss) | 9901 | -€307 | €5,867 | +€6,174 | |
| Financial income | 75/76B | €287 | €494 | +€207 | +71.9% |
| Recurring financial income | 75 | €287 | €494 | +€207 | +71.9% |
| Financial charges | 65/66B | €2,365 | €1,196 | -€1,169 | -49.4% |
| Recurring financial charges | 65 | €2,365 | €1,196 | -€1,169 | -49.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,384 | €5,165 | +€7,549 | |
| Income taxes | 67/77 | €349 | €2,932 | +€2,582 | +740% |
| Profit (loss) for the period | 9904 | -€2,734 | €2,234 | +€4,967 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,734 | €2,234 | +€4,967 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.