DGS PELLETS: 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.
DGS PELLETS
Largest movements
- Cash -€7,751
down €7,751 (-38.1%), from €20,351 to €12,600
mainly Trade debts (-€13,902) and Receivables within one year (-€2,436)
- Receivables within one year +€2,436
up €2,436 (+10.0%), from €24,354 to €26,790
of which Trade receivables: +€2,762
- Stocks and contracts +€2,123
up €2,123 (+16.7%), from €12,728 to €14,851
- Trade debts -€13,902
down €13,902 (-41.1%), from €33,789 to €19,886
- Other debts +€6,581
up €6,581 (+45.0%), from €14,639 to €21,221
- Profit (loss) carried forward +€2,556
up €2,556 (+69.8%), from -€3,664 to -€1,107
- Short-term financial debts +€1,428
new in 2025: €1,428
- Other operating charges -€617
down €617 (-74.2%), from €832 to €214
- Gross operating margin +€317
up €317 (+8.6%), from €3,694 to €4,010
- Financial income -€269
down €269 (-83.6%), from €322 to €53
- Depreciation -€90
down €90 (-38.3%), from €235 to €145
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 | €57,964 | €54,627 | -€3,337 | -5.8% |
| Fixed assets | 21/28 | €532 | €387 | -€145 | -27.3% |
| Tangible fixed assets | 22/27 | €532 | €387 | -€145 | -27.3% |
| Plant, machinery and equipment | 23 | €532 | €387 | -€145 | -27.3% |
| Current assets | 29/58 | €57,433 | €54,241 | -€3,192 | -5.6% |
| Stocks and contracts in progress | 3 | €12,728 | €14,851 | +€2,123 | +16.7% |
| Stocks | 30/36 | €12,728 | €14,851 | +€2,123 | +16.7% |
| Amounts receivable within one year | 40/41 | €24,354 | €26,790 | +€2,436 | +10.0% |
| Trade receivables | 40 | €17,957 | €20,719 | +€2,762 | +15.4% |
| Other amounts receivable | 41 | €6,396 | €6,070 | -€326 | -5.1% |
| Cash at bank and in hand | 54/58 | €20,351 | €12,600 | -€7,751 | -38.1% |
| Total equity and liabilities | 10/49 | €57,964 | €54,627 | -€3,337 | -5.8% |
| Equity | 10/15 | €9,536 | €12,093 | +€2,556 | +26.8% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €1,200 | €1,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,200 | €1,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,664 | -€1,107 | +€2,556 | +69.8% |
| Amounts payable | 17/49 | €48,428 | €42,534 | -€5,893 | -12.2% |
| Amounts payable within one year | 42/48 | €48,428 | €42,534 | -€5,893 | -12.2% |
| Financial debts | 43 | - | €1,428 | +€1,428 | |
| Credit institutions | 430/8 | - | €1,428 | +€1,428 | |
| Trade debts | 44 | €33,789 | €19,886 | -€13,902 | -41.1% |
| Suppliers | 440/4 | €33,789 | €19,886 | -€13,902 | -41.1% |
| Other amounts payable | 47/48 | €14,639 | €21,221 | +€6,581 | +45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €235 | €145 | -€90 | -38.3% |
| Other operating charges | 640/8 | €832 | €214 | -€617 | -74.2% |
| Gross operating margin | 9900 | €3,694 | €4,010 | +€317 | +8.6% |
| Operating profit (loss) | 9901 | €2,627 | €3,651 | +€1,024 | +39.0% |
| Financial income | 75/76B | €322 | €53 | -€269 | -83.6% |
| Recurring financial income | 75 | €322 | €53 | -€269 | -83.6% |
| Financial charges | 65/66B | €1,113 | €1,148 | +€34 | +3.1% |
| Recurring financial charges | 65 | €1,113 | €1,148 | +€34 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €1,836 | €2,556 | +€720 | +39.2% |
| Profit (loss) for the period | 9904 | €1,836 | €2,556 | +€720 | +39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,836 | €2,556 | +€720 | +39.2% |
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 12 October 2026 via checked.be.