DP World Multimodal Solutions: what changed
What changed
DP World Multimodal Solutions
NACE 52.250, Logistics services
filed annual accounts (NBB)
Net result for the year
€164,586
2023 · €159,613+€4,973
Equity
€2.0m
2023 · €1.9m+€164,586
Cash
€249,342
2023 · €388,327-€138,985
Balance sheet total
€2.9m
2023 · €2.8m+€136,908
Largest movements
Assets
- Receivables within one year +€297,861
up €297,861 (+13.0%), from €2.3m to €2.6m
of which Trade receivables: +€268,298
- Cash -€138,985
down €138,985 (-35.8%), from €388,327 to €249,342
mainly Receivables within one year (-€297,861) and Tax, wage and social debts (-€116,799)
Equity and liabilities
- Reserves +€164,586
up €164,586 (+9.2%), from €1.8m to €2.0m
of which Distributable reserves: +€164,586
- Tax, wage and social debts -€116,799
down €116,799 (-16.3%), from €716,269 to €599,470
of which Remuneration and social security: -€69,713
- Trade debts +€89,121
up €89,121 (+40.3%), from €221,269 to €310,390
Income statement
- Staff costs +€156,903
up €156,903 (+4.1%), from €3.8m to €4.0m
- Gross operating margin +€73,266
up €73,266 (+1.7%), from €4.2m to €4.3m
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€159,613
Gross operating margin
+€73,266
Staff costs
-€156,903
Depreciation
+€41,138
Other operating charges
+€12,223
Other operating items
+€16,173
Financial income
-€0
Financial charges
-€10,342
Taxes
+€29,417
Result 2024
€164,586
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€131,246
Investment
-€7,739
Financing
€0
Cash 2023
€388,327
From operations (derived)
-€131,246
Net result for the year
+€164,586
Depreciation
+€30,282
Receivables within one year
-€297,861
Deferred charges and accrued income
-€576
Trade debts
+€89,121
Tax, wage and social debts
-€116,799
Investment (derived)
-€7,739
Investment in fixed assets (net)
-€7,739
Cash 2024
€249,342
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,787,984 | €2,924,892 | +€136,908 | +4.9% |
| Fixed assets | 21/28 | €88,386 | €65,842 | -€22,543 | -25.5% |
| Tangible fixed assets | 22/27 | €88,386 | €65,842 | -€22,543 | -25.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €88,386 | €65,842 | -€22,543 | -25.5% |
| Current assets | 29/58 | €2,699,598 | €2,859,050 | +€159,452 | +5.9% |
| Amounts receivable within one year | 40/41 | €2,286,874 | €2,584,735 | +€297,861 | +13.0% |
| Trade receivables | 40 | €2,266,249 | €2,534,546 | +€268,298 | +11.8% |
| Other amounts receivable | 41 | €20,625 | €50,189 | +€29,563 | +143% |
| Cash at bank and in hand | 54/58 | €388,327 | €249,342 | -€138,985 | -35.8% |
| Deferred charges and accrued income | 490/1 | €24,397 | €24,973 | +€576 | +2.4% |
| Total equity and liabilities | 10/49 | €2,787,984 | €2,924,892 | +€136,908 | +4.9% |
| Equity | 10/15 | €1,850,446 | €2,015,032 | +€164,586 | +8.9% |
| Contributions | 10/11 | €62,018 | €62,018 | = | 0.0% |
| Capital | 10 | €62,018 | €62,018 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Uncalled capital | 101 | €61,929 | €61,929 | = | 0.0% |
| Reserves | 13 | €1,788,428 | €1,953,014 | +€164,586 | +9.2% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €1,776,033 | €1,940,619 | +€164,586 | +9.3% |
| Amounts payable | 17/49 | €937,538 | €909,861 | -€27,677 | -3.0% |
| Amounts payable within one year | 42/48 | €937,538 | €909,861 | -€27,677 | -3.0% |
| Trade debts | 44 | €221,269 | €310,390 | +€89,121 | +40.3% |
| Suppliers | 440/4 | €221,269 | €310,390 | +€89,121 | +40.3% |
| Taxes, remuneration and social security | 45 | €716,269 | €599,470 | -€116,799 | -16.3% |
| Taxes | 450/3 | €165,612 | €118,526 | -€47,086 | -28.4% |
| Remuneration and social security | 454/9 | €550,658 | €480,945 | -€69,713 | -12.7% |
| Remuneration, social security and pensions | 62 | €3,848,051 | €4,004,954 | +€156,903 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,421 | €30,282 | -€41,138 | -57.6% |
| Other operating charges | 640/8 | €14,173 | €1,950 | -€12,223 | -86.2% |
| Non-recurring operating charges | 66A | €16,173 | €0 | -€16,173 | -100% |
| Gross operating margin | 9900 | €4,240,166 | €4,313,431 | +€73,266 | +1.7% |
| Operating profit (loss) | 9901 | €290,347 | €276,245 | -€14,103 | -4.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €8,031 | €18,373 | +€10,342 | +129% |
| Recurring financial charges | 65 | €8,031 | €18,373 | +€10,342 | +129% |
| Profit (loss) for the period before taxes | 9903 | €282,316 | €257,872 | -€24,444 | -8.7% |
| Income taxes | 67/77 | €122,703 | €93,286 | -€29,417 | -24.0% |
| Profit (loss) for the period | 9904 | €159,613 | €164,586 | +€4,973 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €159,613 | €164,586 | +€4,973 | +3.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.