DG Wheels & Co: 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.
DG Wheels & Co
Largest movements
- Tangible fixed assets -€46,012
down €46,012 (-10.9%), from €420,395 to €374,383
of which Land and buildings: -€26,238
- Receivables within one year +€17,199
up €17,199 (+56.7%), from €30,336 to €47,535
of which Trade receivables: +€30,007
- Debts after one year -€46,825
down €46,825 (-8.2%), from €567,763 to €520,939
- Other debts -€30,309
down €30,309 (-28.1%), from €107,718 to €77,410
- Trade debts +€20,172
up €20,172 (+101%), from €19,931 to €40,102
- Current portion of long-term debt +€19,595
up €19,595 (+115%), from €17,113 to €36,708
- Gross operating margin -€30,021
down €30,021 (-19.3%), from €155,818 to €125,797
- Financial charges +€24,379
up €24,379, from -€4,833 to €19,546
- Taxes -€14,548
down €14,548 (-77.8%), from €18,695 to €4,147
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 | €1,167,520 | €1,141,427 | -€26,093 | -2.2% |
| Fixed assets | 21/28 | €420,395 | €374,383 | -€46,012 | -10.9% |
| Tangible fixed assets | 22/27 | €420,395 | €374,383 | -€46,012 | -10.9% |
| Land and buildings | 22 | €345,706 | €319,468 | -€26,238 | -7.6% |
| Plant, machinery and equipment | 23 | - | €3,175 | +€3,175 | |
| Furniture and vehicles | 24 | €36,815 | €24,284 | -€12,531 | -34.0% |
| Leasing and similar rights | 25 | €37,874 | €27,457 | -€10,418 | -27.5% |
| Current assets | 29/58 | €747,125 | €767,044 | +€19,919 | +2.7% |
| Stocks and contracts in progress | 3 | €431,150 | €434,073 | +€2,923 | +0.7% |
| Stocks | 30/36 | €431,150 | €434,073 | +€2,923 | +0.7% |
| Amounts receivable within one year | 40/41 | €30,336 | €47,535 | +€17,199 | +56.7% |
| Trade receivables | 40 | €12,928 | €42,936 | +€30,007 | +232% |
| Other amounts receivable | 41 | €17,408 | €4,599 | -€12,809 | -73.6% |
| Cash at bank and in hand | 54/58 | €282,683 | €279,958 | -€2,725 | -1.0% |
| Deferred charges and accrued income | 490/1 | €2,956 | €5,479 | +€2,522 | +85.3% |
| Total equity and liabilities | 10/49 | €1,167,520 | €1,141,427 | -€26,093 | -2.2% |
| Equity | 10/15 | €444,343 | €452,720 | +€8,377 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €425,743 | €434,120 | +€8,377 | +2.0% |
| Distributable reserves | 133 | €425,743 | €434,120 | +€8,377 | +2.0% |
| Amounts payable | 17/49 | €723,177 | €688,707 | -€34,470 | -4.8% |
| Amounts payable after more than one year | 17 | €567,763 | €520,939 | -€46,825 | -8.2% |
| Financial debts | 170/4 | €567,763 | €520,939 | -€46,825 | -8.2% |
| Amounts payable within one year | 42/48 | €155,414 | €167,768 | +€12,354 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €17,113 | €36,708 | +€19,595 | +115% |
| Trade debts | 44 | €19,931 | €40,102 | +€20,172 | +101% |
| Suppliers | 440/4 | €19,931 | €40,102 | +€20,172 | +101% |
| Taxes, remuneration and social security | 45 | €10,652 | €13,548 | +€2,897 | +27.2% |
| Taxes | 450/3 | €4,719 | €7,711 | +€2,993 | +63.4% |
| Remuneration and social security | 454/9 | €5,933 | €5,837 | -€96 | -1.6% |
| Other amounts payable | 47/48 | €107,718 | €77,410 | -€30,309 | -28.1% |
| Remuneration, social security and pensions | 62 | €35,683 | €35,659 | -€25 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,209 | €49,522 | +€1,313 | +2.7% |
| Other operating charges | 640/8 | €8,390 | €9,278 | +€887 | +10.6% |
| Gross operating margin | 9900 | €155,818 | €125,797 | -€30,021 | -19.3% |
| Operating profit (loss) | 9901 | €63,536 | €31,339 | -€32,197 | -50.7% |
| Financial income | 75/76B | €591 | €732 | +€141 | +23.8% |
| Recurring financial income | 75 | €591 | €732 | +€141 | +23.8% |
| Financial charges | 65/66B | -€4,833 | €19,546 | +€24,379 | |
| Recurring financial charges | 65 | -€4,833 | €19,546 | +€24,379 | |
| Profit (loss) for the period before taxes | 9903 | €68,960 | €12,524 | -€56,436 | -81.8% |
| Income taxes | 67/77 | €18,695 | €4,147 | -€14,548 | -77.8% |
| Profit (loss) for the period | 9904 | €50,265 | €8,377 | -€41,888 | -83.3% |
| Profit (loss) for the period to be appropriated | 9905 | €50,265 | €8,377 | -€41,888 | -83.3% |
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 21 October 2026 via checked.be.