DLD Trans: 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.
What changed
DLD Trans
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€5,907
2024 · €15,932-€10,026
Equity
€186,013
2024 · €180,107+€5,907
Cash
€38,787
2024 · €48,042-€9,255
Balance sheet total
€1.4m
2024 · €915,634+€498,818
Largest movements
Assets
- Tangible fixed assets +€567,219
up €567,219 (+105%), from €541,511 to €1.1m
of which Land and buildings: +€502,277
- Receivables within one year -€58,224
down €58,224 (-19.8%), from €294,198 to €235,974
of which Trade receivables: -€46,266
Equity and liabilities
- Debts after one year +€420,584
up €420,584 (+103%), from €410,222 to €830,806
- Other debts +€98,741
new in 2025: €98,741
- Trade debts -€32,312
down €32,312 (-20.7%), from €156,169 to €123,857
Income statement
- Gross operating margin +€109,487
up €109,487 (+17.2%), from €636,489 to €745,976
- Staff costs +€83,448
up €83,448 (+18.7%), from €445,064 to €528,513
- Financial charges +€22,093
up €22,093 (+134%), from €16,517 to €38,609
- Other operating charges +€14,460
up €14,460 (+114%), from €12,669 to €27,130
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.
Result 2024
€15,932
Gross operating margin
+€109,487
Staff costs
-€83,448
Depreciation
-€387
Other operating charges
-€14,460
Financial income
-€152
Financial charges
-€22,093
Taxes
+€1,028
Result 2025
€5,907
raises the resultlowers the result
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.
From operations
+€271,084
Investment
-€709,002
Financing
+€428,664
Cash 2024
€48,042
From operations (derived)
+€271,084
Net result for the year
+€5,907
Depreciation
+€141,783
Receivables within one year
+€58,224
Smaller working-capital items
+€912
Trade debts
-€32,312
Tax, wage and social debts
-€2,171
Other debts
+€98,741
Investment (derived)
-€709,002
Investment in fixed assets (net)
-€709,002
Financing
+€428,664
Debts after one year
+€420,584
Current portion of long-term debt
+€8,080
Cash 2025
€38,787
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €915,634 | €1,414,452 | +€498,818 | +54.5% |
| Fixed assets | 21/28 | €541,511 | €1,108,730 | +€567,219 | +105% |
| Tangible fixed assets | 22/27 | €541,511 | €1,108,730 | +€567,219 | +105% |
| Land and buildings | 22 | €196,533 | €698,810 | +€502,277 | +256% |
| Plant, machinery and equipment | 23 | €6,414 | €10,688 | +€4,274 | +66.6% |
| Furniture and vehicles | 24 | €141,961 | €140,851 | -€1,110 | -0.8% |
| Leasing and similar rights | 25 | €196,602 | €258,380 | +€61,778 | +31.4% |
| Current assets | 29/58 | €374,124 | €305,722 | -€68,402 | -18.3% |
| Amounts receivable after more than one year | 29 | €27,451 | €27,451 | = | 0.0% |
| Other amounts receivable | 291 | €27,451 | €27,451 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €294,198 | €235,974 | -€58,224 | -19.8% |
| Trade receivables | 40 | €241,359 | €195,092 | -€46,266 | -19.2% |
| Other amounts receivable | 41 | €52,839 | €40,881 | -€11,957 | -22.6% |
| Cash at bank and in hand | 54/58 | €48,042 | €38,787 | -€9,255 | -19.3% |
| Deferred charges and accrued income | 490/1 | €4,433 | €3,510 | -€923 | -20.8% |
| Total equity and liabilities | 10/49 | €915,634 | €1,414,452 | +€498,818 | +54.5% |
| Equity | 10/15 | €180,107 | €186,013 | +€5,907 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €161,507 | €167,413 | +€5,907 | +3.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €161,507 | €167,413 | +€5,907 | +3.7% |
| Amounts payable | 17/49 | €735,528 | €1,228,439 | +€492,911 | +67.0% |
| Amounts payable after more than one year | 17 | €410,222 | €830,806 | +€420,584 | +103% |
| Financial debts | 170/4 | €410,222 | €830,806 | +€420,584 | +103% |
| Amounts payable within one year | 42/48 | €325,280 | €397,618 | +€72,338 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €145,065 | €153,145 | +€8,080 | +5.6% |
| Trade debts | 44 | €156,169 | €123,857 | -€32,312 | -20.7% |
| Suppliers | 440/4 | €156,169 | €123,857 | -€32,312 | -20.7% |
| Taxes, remuneration and social security | 45 | €24,046 | €21,875 | -€2,171 | -9.0% |
| Taxes | 450/3 | €6,378 | €3,043 | -€3,335 | -52.3% |
| Remuneration and social security | 454/9 | €17,668 | €18,832 | +€1,164 | +6.6% |
| Other amounts payable | 47/48 | - | €98,741 | +€98,741 | |
| Accrued charges and deferred income | 492/3 | €26 | €15 | -€11 | -42.5% |
| Remuneration, social security and pensions | 62 | €445,064 | €528,513 | +€83,448 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,396 | €141,783 | +€387 | +0.3% |
| Other operating charges | 640/8 | €12,669 | €27,130 | +€14,460 | +114% |
| Gross operating margin | 9900 | €636,489 | €745,976 | +€109,487 | +17.2% |
| Operating profit (loss) | 9901 | €37,359 | €48,551 | +€11,192 | +30.0% |
| Financial income | 75/76B | €983 | €831 | -€152 | -15.5% |
| Recurring financial income | 75 | €983 | €831 | -€152 | -15.5% |
| Financial charges | 65/66B | €16,517 | €38,609 | +€22,093 | +134% |
| Recurring financial charges | 65 | €16,517 | €38,609 | +€22,093 | +134% |
| Profit (loss) for the period before taxes | 9903 | €21,825 | €10,772 | -€11,053 | -50.6% |
| Income taxes | 67/77 | €5,893 | €4,865 | -€1,028 | -17.4% |
| Profit (loss) for the period | 9904 | €15,932 | €5,907 | -€10,026 | -62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,932 | €5,907 | -€10,026 | -62.9% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.