DS Aviation: 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.
DS Aviation
Largest movements
- Receivables within one year -€2,638
down €2,638 (-33.8%), from €7,802 to €5,164
of which Other amounts receivable: -€2,096
- Cash +€2,142
up €2,142 (+252.4%), from €849 to €2,991
mainly Receivables within one year (+€2,638) and Depreciation (+€996)
- Tangible fixed assets -€996
down €996 (-7.5%), from €13,348 to €12,352
of which Furniture and vehicles: -€600
- Profit (loss) carried forward -€1,048
down €1,048 (-138.4%), from -€757 to -€1,805
- Tax, wage and social debts -€445
down €445 (-69.8%), from €638 to €193
- Gross operating margin +€1,218
up €1,218 (+93.0%), from -€1,310 to -€92
- Other operating charges +€125
new in 2025: €125
- Financial income -€117
down €117 (-26.0%), from €451 to €333
- Depreciation +€93
up €93 (+10.3%), from €903 to €996
- Financial charges -€23
down €23 (-12.1%), from €190 to €167
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 | €21,999 | €20,506 | -€1,493 | -6.8% |
| Fixed assets | 21/28 | €13,348 | €12,352 | -€996 | -7.5% |
| Tangible fixed assets | 22/27 | €13,348 | €12,352 | -€996 | -7.5% |
| Plant, machinery and equipment | 23 | €12,387 | €11,990 | -€397 | -3.2% |
| Furniture and vehicles | 24 | €961 | €362 | -€600 | -62.4% |
| Current assets | 29/58 | €8,651 | €8,154 | -€497 | -5.7% |
| Amounts receivable within one year | 40/41 | €7,802 | €5,164 | -€2,638 | -33.8% |
| Trade receivables | 40 | €543 | - | -€543 | |
| Other amounts receivable | 41 | €7,260 | €5,164 | -€2,096 | -28.9% |
| Cash at bank and in hand | 54/58 | €849 | €2,991 | +€2,142 | +252.4% |
| Total equity and liabilities | 10/49 | €21,999 | €20,506 | -€1,493 | -6.8% |
| Equity | 10/15 | €2,243 | €1,195 | -€1,048 | -46.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€757 | -€1,805 | -€1,048 | -138.4% |
| Amounts payable | 17/49 | €19,756 | €19,311 | -€445 | -2.3% |
| Amounts payable within one year | 42/48 | €19,756 | €19,311 | -€445 | -2.3% |
| Trade debts | 44 | €19,118 | €19,118 | = | 0.0% |
| Suppliers | 440/4 | €19,118 | €19,118 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €638 | €193 | -€445 | -69.8% |
| Taxes | 450/3 | €638 | €193 | -€445 | -69.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €903 | €996 | +€93 | +10.3% |
| Other operating charges | 640/8 | - | €125 | +€125 | |
| Gross operating margin | 9900 | -€1,310 | -€92 | +€1,218 | +93.0% |
| Operating profit (loss) | 9901 | -€2,213 | -€1,214 | +€999 | +45.2% |
| Financial income | 75/76B | €451 | €333 | -€117 | -26.0% |
| Recurring financial income | 75 | €451 | €333 | -€117 | -26.0% |
| Financial charges | 65/66B | €190 | €167 | -€23 | -12.1% |
| Recurring financial charges | 65 | €190 | €167 | -€23 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,953 | -€1,048 | +€905 | +46.4% |
| Profit (loss) for the period | 9904 | -€1,953 | -€1,048 | +€905 | +46.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,953 | -€1,048 | +€905 | +46.4% |
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 9 October 2026 via checked.be.