DPD PARTNERS: 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
DPD PARTNERS
NACE 49.320, Non-scheduled passenger transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€29,558
2024 · -€304,104+€333,662
Equity
€2.0m
2024 · €2.0m+€29,558
Cash
€497,204
2024 · €14,365+€482,839
Balance sheet total
€15.3m
2024 · €17.4m-€2.1m
Largest movements
Assets
- Receivables within one year -€2.4m
down €2.4m (-98.1%), from €2.4m to €44,677
of which Trade receivables: -€2.4m
- Cash +€482,839
up €482,839 (+3,361%), from €14,365 to €497,204
mainly Receivables within one year (+€2.4m) and Depreciation (+€150,014)
Equity and liabilities
- Other debts -€1.3m
down €1.3m (-20.3%), from €6.5m to €5.2m
- Trade debts -€457,065
down €457,065 (-74.7%), from €611,597 to €154,532
- Debts after one year -€384,886
down €384,886 (-5.8%), from €6.7m to €6.3m
Income statement
- Gross operating margin -€758,852
down €758,852 (-38.0%), from €2.0m to €1.2m
- Financial charges -€490,909
down €490,909 (-47.6%), from €1.0m to €539,574
- Staff costs -€56,359
down €56,359 (-9.9%), from €570,019 to €513,660
- Financial income -€38,559
down €38,559 (-56.1%), from €68,723 to €30,164
of which Financial income: -€22,557
- Depreciation -€38,436
down €38,436 (-20.4%), from €188,450 to €150,014
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
-€304,104
Gross operating margin
-€758,852
Staff costs
+€56,359
Depreciation
+€38,436
Other operating charges
-€5,017
Other operating items
+€550,000
Financial income
-€38,559
Financial charges
+€490,909
Taxes
+€386
Result 2025
€29,558
raises the resultlowers the resultnot broken down further in the accounts
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
+€770,405
Investment
+€79,195
Financing
-€366,762
Cash 2024
€14,365
From operations (derived)
+€770,405
Net result for the year
+€29,558
Depreciation
+€150,014
Receivables within one year
+€2.4m
Deferred charges and accrued income
-€9,735
Trade debts
-€457,065
Tax, wage and social debts
+€11,558
Other debts
-€1.3m
Accrued charges and deferred income
+€9,021
Investment (derived)
+€79,195
Investment in fixed assets (net)
+€79,195
Financing
-€366,762
Debts after one year
-€384,886
Current portion of long-term debt
+€3,571
Short-term financial debts
+€14,554
Cash 2025
€497,204
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,402,190 | €15,301,033 | -€2.1m | -12.1% |
| Fixed assets | 21/28 | €14,969,362 | €14,740,153 | -€229,210 | -1.5% |
| Intangible fixed assets | 21 | €74,696 | €32,310 | -€42,385 | -56.7% |
| Tangible fixed assets | 22/27 | €2,613,004 | €2,529,721 | -€83,283 | -3.2% |
| Land and buildings | 22 | €2,580,247 | €2,511,300 | -€68,947 | -2.7% |
| Plant, machinery and equipment | 23 | €32,757 | €11,931 | -€20,826 | -63.6% |
| Furniture and vehicles | 24 | €0 | €6,490 | +€6,490 | |
| Financial fixed assets | 28 | €12,281,663 | €12,178,121 | -€103,542 | -0.8% |
| Current assets | 29/58 | €2,432,828 | €560,880 | -€1.9m | -76.9% |
| Amounts receivable within one year | 40/41 | €2,409,198 | €44,677 | -€2.4m | -98.1% |
| Trade receivables | 40 | €2,361,694 | €1,694 | -€2.4m | -99.9% |
| Other amounts receivable | 41 | €47,504 | €42,983 | -€4,522 | -9.5% |
| Cash at bank and in hand | 54/58 | €14,365 | €497,204 | +€482,839 | +3,361% |
| Deferred charges and accrued income | 490/1 | €9,265 | €19,000 | +€9,735 | +105% |
| Total equity and liabilities | 10/49 | €17,402,190 | €15,301,033 | -€2.1m | -12.1% |
| Equity | 10/15 | €1,955,938 | €1,985,497 | +€29,558 | +1.5% |
| Contributions | 10/11 | €2,317,984 | €2,317,984 | = | 0.0% |
| Capital | 10 | €2,317,984 | €2,317,984 | = | 0.0% |
| Issued capital | 100 | €2,317,984 | €2,317,984 | = | 0.0% |
| Reserves | 13 | €579,283 | €624,283 | +€45,000 | +7.8% |
| Non-distributable reserves | 130/1 | €93,798 | €93,798 | = | 0.0% |
| Legal reserve | 130 | €93,798 | €93,798 | = | 0.0% |
| Tax-exempt reserves | 132 | €485,486 | €530,486 | +€45,000 | +9.3% |
| Profit (loss) carried forward | 14 | -€941,329 | -€956,771 | -€15,442 | -1.6% |
| Amounts payable | 17/49 | €15,446,252 | €13,315,536 | -€2.1m | -13.8% |
| Amounts payable after more than one year | 17 | €6,683,000 | €6,298,114 | -€384,886 | -5.8% |
| Financial debts | 170/4 | €6,683,000 | €6,298,114 | -€384,886 | -5.8% |
| Amounts payable within one year | 42/48 | €8,762,273 | €7,007,422 | -€1.8m | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €312,030 | €315,600 | +€3,571 | +1.1% |
| Financial debts | 43 | €1,206,767 | €1,221,321 | +€14,554 | +1.2% |
| Credit institutions | 430/8 | €1,206,767 | €1,221,321 | +€14,554 | +1.2% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €611,597 | €154,532 | -€457,065 | -74.7% |
| Suppliers | 440/4 | €611,597 | €154,532 | -€457,065 | -74.7% |
| Taxes, remuneration and social security | 45 | €103,549 | €115,107 | +€11,558 | +11.2% |
| Taxes | 450/3 | €47,076 | €54,028 | +€6,952 | +14.8% |
| Remuneration and social security | 454/9 | €56,473 | €61,079 | +€4,606 | +8.2% |
| Other amounts payable | 47/48 | €6,528,330 | €5,200,862 | -€1.3m | -20.3% |
| Accrued charges and deferred income | 492/3 | €979 | €10,000 | +€9,021 | +921% |
| Non-recurring operating income | 76A | €15,995 | €0 | -€15,995 | -100% |
| Remuneration, social security and pensions | 62 | €570,019 | €513,660 | -€56,359 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188,450 | €150,014 | -€38,436 | -20.4% |
| Other operating charges | 640/8 | €29,499 | €34,516 | +€5,017 | +17.0% |
| Non-recurring operating charges | 66A | €550,000 | €0 | -€550,000 | -100% |
| Gross operating margin | 9900 | €1,997,519 | €1,238,667 | -€758,852 | -38.0% |
| Operating profit (loss) | 9901 | €659,552 | €540,477 | -€119,075 | -18.1% |
| Financial income | 75/76B | €68,723 | €30,164 | -€38,559 | -56.1% |
| Recurring financial income | 75 | €52,721 | €30,164 | -€22,557 | -42.8% |
| Non-recurring financial income | 76B | €16,002 | €0 | -€16,002 | -100% |
| Financial charges | 65/66B | €1,030,484 | €539,574 | -€490,909 | -47.6% |
| Recurring financial charges | 65 | €1,030,484 | €539,574 | -€490,909 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | -€302,209 | €31,067 | +€333,276 | |
| Income taxes | 67/77 | €1,895 | €1,508 | -€386 | -20.4% |
| Profit (loss) for the period | 9904 | -€304,104 | €29,558 | +€333,662 | |
| Transfer to tax-exempt reserves | 689 | - | €45,000 | +€45,000 | |
| Profit (loss) for the period to be appropriated | 9905 | -€304,104 | -€15,442 | +€288,662 | +94.9% |
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 23 October 2026 via checked.be.