DM TRANS: what changed
Two fiscal 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.
DM TRANS
Largest movements
- Cash -€26,296
down €26,296 (-56.3%), from €46,680 to €20,384
mainly Other debts (-€54,326) and Contributions, distributions and other (-€24,000)
- Receivables within one year -€15,706
down €15,706 (-23.1%), from €67,929 to €52,223
of which Other amounts receivable: -€10,680
- Receivables after one year -€9,244
down €9,244 (-28.0%), from €32,991 to €23,746
- Deferred charges and accrued income -€4,805
down €4,805 (-54.5%), from €8,819 to €4,013
- Other debts -€54,326
down €54,326 (-49.1%), from €110,565 to €56,239
- Tax, wage and social debts -€2,072
down €2,072 (-41.7%), from €4,963 to €2,891
of which Taxes: -€2,408
- Gross operating margin -€72,633
down €72,633 (-40.7%), from €178,281 to €105,648
- Staff costs -€10,505
down €10,505 (-12.5%), from €84,050 to €73,545
- Other operating charges -€5,275
down €5,275 (-42.2%), from €12,500 to €7,224
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 | €162,723 | €106,686 | -€56,037 | -34.4% |
| Fixed assets | 21/28 | €6,305 | €6,319 | +€14 | +0.2% |
| Tangible fixed assets | 22/27 | €1,382 | €1,397 | +€14 | +1.0% |
| Furniture and vehicles | 24 | €1,382 | €1,397 | +€14 | +1.0% |
| Financial fixed assets | 28 | €4,923 | €4,923 | = | 0.0% |
| Current assets | 29/58 | €156,418 | €100,367 | -€56,051 | -35.8% |
| Amounts receivable after more than one year | 29 | €32,991 | €23,746 | -€9,244 | -28.0% |
| Other amounts receivable | 291 | €32,991 | €23,746 | -€9,244 | -28.0% |
| Amounts receivable within one year | 40/41 | €67,929 | €52,223 | -€15,706 | -23.1% |
| Trade receivables | 40 | €45,652 | €40,626 | -€5,026 | -11.0% |
| Other amounts receivable | 41 | €22,277 | €11,596 | -€10,680 | -47.9% |
| Cash at bank and in hand | 54/58 | €46,680 | €20,384 | -€26,296 | -56.3% |
| Deferred charges and accrued income | 490/1 | €8,819 | €4,013 | -€4,805 | -54.5% |
| Total equity and liabilities | 10/49 | €162,723 | €106,686 | -€56,037 | -34.4% |
| Equity | 10/15 | €31,428 | €31,339 | -€89 | -0.3% |
| Contributions | 10/11 | €11,222 | €11,222 | = | 0.0% |
| Reserves | 13 | €20,206 | €20,193 | -€13 | -0.1% |
| Non-distributable reserves | 130/1 | €286 | €286 | = | 0.0% |
| Other | 1319 | €286 | €286 | = | 0.0% |
| Distributable reserves | 133 | €19,920 | €19,907 | -€13 | -0.1% |
| Profit (loss) carried forward | 14 | €0 | -€76 | -€76 | |
| Amounts payable | 17/49 | €131,294 | €75,347 | -€55,948 | -42.6% |
| Amounts payable within one year | 42/48 | €131,294 | €75,347 | -€55,948 | -42.6% |
| Trade debts | 44 | €15,766 | €16,216 | +€450 | +2.9% |
| Suppliers | 440/4 | €15,766 | €16,216 | +€450 | +2.9% |
| Taxes, remuneration and social security | 45 | €4,963 | €2,891 | -€2,072 | -41.7% |
| Taxes | 450/3 | €2,760 | €352 | -€2,408 | -87.2% |
| Remuneration and social security | 454/9 | €2,203 | €2,539 | +€336 | +15.2% |
| Other amounts payable | 47/48 | €110,565 | €56,239 | -€54,326 | -49.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €84,050 | €73,545 | -€10,505 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €622 | €1,134 | +€512 | +82.2% |
| Other operating charges | 640/8 | €12,500 | €7,224 | -€5,275 | -42.2% |
| Gross operating margin | 9900 | €178,281 | €105,648 | -€72,633 | -40.7% |
| Operating profit (loss) | 9901 | €81,109 | €23,745 | -€57,364 | -70.7% |
| Financial income | 75/76B | €1,920 | €2,141 | +€221 | +11.5% |
| Recurring financial income | 75 | €1,920 | €2,141 | +€221 | +11.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €1,738 | €1,705 | -€33 | -1.9% |
| Recurring financial charges | 65 | €1,738 | €1,705 | -€33 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €81,291 | €24,181 | -€57,110 | -70.3% |
| Income taxes | 67/77 | €670 | €270 | -€400 | -59.7% |
| Profit (loss) for the period | 9904 | €80,621 | €23,911 | -€56,710 | -70.3% |
| Profit (loss) for the period to be appropriated | 9905 | €80,621 | €23,911 | -€56,710 | -70.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.