Dercotrans: 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.
Dercotrans
Largest movements
- Tangible fixed assets +€111,177
up €111,177 (+78.5%), from €141,668 to €252,845
of which Furniture and vehicles: +€111,698
- Receivables within one year -€11,377
down €11,377 (-7.9%), from €144,080 to €132,702
of which Other amounts receivable: -€21,251
- Debts after one year +€81,358
up €81,358 (+73.3%), from €110,995 to €192,353
- Reserves +€69,060
up €69,060 (+114.7%), from €60,204 to €129,264
of which Distributable reserves: +€69,060
- Other debts -€68,300
down €68,300 (-76.7%), from €89,009 to €20,709
- Current portion of long-term debt +€29,513
up €29,513 (+80.4%), from €36,723 to €66,236
- Tax, wage and social debts -€11,405
down €11,405 (-24.5%), from €46,570 to €35,165
of which Taxes: -€7,988
- Gross operating margin +€26,178
up €26,178 (+5.9%), from €440,764 to €466,942
- Staff costs +€16,409
up €16,409 (+7.1%), from €231,992 to €248,401
- Depreciation +€6,568
up €6,568 (+15.2%), from €43,152 to €49,720
- Other operating charges +€5,856
up €5,856 (+9.6%), from €61,120 to €66,976
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 | €438,793 | €539,604 | +€100,811 | +23.0% |
| Formation expenses | 20 | €176 | €0 | -€176 | -100.0% |
| Fixed assets | 21/28 | €141,668 | €252,845 | +€111,177 | +78.5% |
| Tangible fixed assets | 22/27 | €141,668 | €252,845 | +€111,177 | +78.5% |
| Land and buildings | 22 | €2,524 | €2,157 | -€367 | -14.5% |
| Plant, machinery and equipment | 23 | €155 | €0 | -€155 | -100.0% |
| Furniture and vehicles | 24 | €138,990 | €250,688 | +€111,698 | +80.4% |
| Current assets | 29/58 | €296,949 | €286,759 | -€10,190 | -3.4% |
| Amounts receivable within one year | 40/41 | €144,080 | €132,702 | -€11,377 | -7.9% |
| Trade receivables | 40 | €90,794 | €100,667 | +€9,874 | +10.9% |
| Other amounts receivable | 41 | €53,286 | €32,035 | -€21,251 | -39.9% |
| Cash at bank and in hand | 54/58 | €138,805 | €142,003 | +€3,198 | +2.3% |
| Deferred charges and accrued income | 490/1 | €14,065 | €12,054 | -€2,011 | -14.3% |
| Total equity and liabilities | 10/49 | €438,793 | €539,604 | +€100,811 | +23.0% |
| Equity | 10/15 | €66,404 | €135,464 | +€69,060 | +104.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €60,204 | €129,264 | +€69,060 | +114.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €60,204 | €129,264 | +€69,060 | +114.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €372,389 | €404,140 | +€31,751 | +8.5% |
| Amounts payable after more than one year | 17 | €110,995 | €192,353 | +€81,358 | +73.3% |
| Financial debts | 170/4 | €110,995 | €192,353 | +€81,358 | +73.3% |
| Amounts payable within one year | 42/48 | €261,394 | €210,922 | -€50,472 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €36,723 | €66,236 | +€29,513 | +80.4% |
| Financial debts | 43 | €0 | €2,971 | +€2,971 | |
| Credit institutions | 430/8 | €0 | €2,971 | +€2,971 | |
| Trade debts | 44 | €89,092 | €85,840 | -€3,252 | -3.7% |
| Suppliers | 440/4 | €89,092 | €85,840 | -€3,252 | -3.7% |
| Taxes, remuneration and social security | 45 | €46,570 | €35,165 | -€11,405 | -24.5% |
| Taxes | 450/3 | €19,338 | €11,350 | -€7,988 | -41.3% |
| Remuneration and social security | 454/9 | €27,232 | €23,815 | -€3,417 | -12.5% |
| Other amounts payable | 47/48 | €89,009 | €20,709 | -€68,300 | -76.7% |
| Accrued charges and deferred income | 492/3 | €0 | €865 | +€865 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €231,992 | €248,401 | +€16,409 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,152 | €49,720 | +€6,568 | +15.2% |
| Other operating charges | 640/8 | €61,120 | €66,976 | +€5,856 | +9.6% |
| Gross operating margin | 9900 | €440,764 | €466,942 | +€26,178 | +5.9% |
| Operating profit (loss) | 9901 | €104,500 | €101,845 | -€2,655 | -2.5% |
| Financial income | 75/76B | €151 | €1,351 | +€1,200 | +794.0% |
| Recurring financial income | 75 | €151 | €1,351 | +€1,200 | +794.0% |
| Financial charges | 65/66B | €6,183 | €6,950 | +€768 | +12.4% |
| Recurring financial charges | 65 | €6,183 | €6,950 | +€768 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | €98,469 | €96,246 | -€2,222 | -2.3% |
| Income taxes | 67/77 | €26,074 | €27,187 | +€1,113 | +4.3% |
| Profit (loss) for the period | 9904 | €72,395 | €69,060 | -€3,335 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €72,395 | €69,060 | -€3,335 | -4.6% |
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 11 October 2026 via checked.be.