DS MOTORS: 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 MOTORS
Largest movements
- Receivables after one year +€150,000
new in 2025: €150,000
- Receivables within one year -€107,628
down €107,628 (-56.0%), from €192,363 to €84,734
of which Other amounts receivable: -€135,162
- Stocks and contracts -€24,427
down €24,427 (-30.0%), from €81,450 to €57,023
- Tangible fixed assets +€23,379
up €23,379 (+16.0%), from €146,367 to €169,746
of which Furniture and vehicles: +€26,594
- Cash +€18,406
up €18,406 (+16.4%), from €112,299 to €130,705
mainly Receivables within one year (+€107,628) and Net result for the year (+€57,690)
- Profit (loss) carried forward +€57,690
up €57,690 (+9.2%), from -€628,065 to -€570,375
- Gross operating margin +€89,436
up €89,436, from -€4,415 to €85,021
- Financial income -€5,914
down €5,914 (-98.2%), from €6,021 to €108
- Financial charges +€4,222
up €4,222 (+672%), from €629 to €4,850
- Other operating charges +€1,184
up €1,184 (+546%), from €217 to €1,401
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €534,934 | €594,207 | +€59,273 | +11.1% |
| Fixed assets | 21/28 | €147,097 | €170,476 | +€23,379 | +15.9% |
| Tangible fixed assets | 22/27 | €146,367 | €169,746 | +€23,379 | +16.0% |
| Land and buildings | 22 | €99,717 | €92,640 | -€7,077 | -7.1% |
| Plant, machinery and equipment | 23 | €697 | €4,559 | +€3,862 | +554% |
| Furniture and vehicles | 24 | €45,953 | €72,547 | +€26,594 | +57.9% |
| Financial fixed assets | 28 | €730 | €730 | = | 0.0% |
| Current assets | 29/58 | €387,836 | €423,731 | +€35,894 | +9.3% |
| Amounts receivable after more than one year | 29 | - | €150,000 | +€150,000 | |
| Other amounts receivable | 291 | - | €150,000 | +€150,000 | |
| Stocks and contracts in progress | 3 | €81,450 | €57,023 | -€24,427 | -30.0% |
| Stocks | 30/36 | €81,450 | €57,023 | -€24,427 | -30.0% |
| Amounts receivable within one year | 40/41 | €192,363 | €84,734 | -€107,628 | -56.0% |
| Trade receivables | 40 | - | €27,534 | +€27,534 | |
| Other amounts receivable | 41 | €192,363 | €57,201 | -€135,162 | -70.3% |
| Cash at bank and in hand | 54/58 | €112,299 | €130,705 | +€18,406 | +16.4% |
| Deferred charges and accrued income | 490/1 | €1,725 | €1,269 | -€456 | -26.4% |
| Total equity and liabilities | 10/49 | €534,934 | €594,207 | +€59,273 | +11.1% |
| Equity | 10/15 | €334,713 | €392,402 | +€57,690 | +17.2% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Capital | 10 | €31,000 | €31,000 | = | 0.0% |
| Issued capital | 100 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €931,777 | €931,777 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Legal reserve | 130 | €3,100 | €3,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,818 | €1,818 | = | 0.0% |
| Distributable reserves | 133 | €926,860 | €926,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€628,065 | -€570,375 | +€57,690 | +9.2% |
| Amounts payable | 17/49 | €200,221 | €201,805 | +€1,584 | +0.8% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €221 | €1,805 | +€1,584 | +716% |
| Trade debts | 44 | €221 | €257 | +€36 | +16.3% |
| Suppliers | 440/4 | €221 | €257 | +€36 | +16.3% |
| Taxes, remuneration and social security | 45 | - | €1,547 | +€1,547 | |
| Taxes | 450/3 | - | €1,547 | +€1,547 | |
| Non-recurring operating income | 76A | €5,695 | - | -€5,695 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,624 | €21,188 | +€564 | +2.7% |
| Other operating charges | 640/8 | €217 | €1,401 | +€1,184 | +546% |
| Gross operating margin | 9900 | -€4,415 | €85,021 | +€89,436 | |
| Operating profit (loss) | 9901 | -€25,256 | €62,432 | +€87,688 | |
| Financial income | 75/76B | €6,021 | €108 | -€5,914 | -98.2% |
| Recurring financial income | 75 | €6,021 | €108 | -€5,914 | -98.2% |
| Financial charges | 65/66B | €629 | €4,850 | +€4,222 | +672% |
| Recurring financial charges | 65 | €629 | €4,850 | +€4,222 | +672% |
| Profit (loss) for the period before taxes | 9903 | -€19,863 | €57,690 | +€77,553 | |
| Profit (loss) for the period | 9904 | -€19,863 | €57,690 | +€77,553 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,863 | €57,690 | +€77,553 |
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 16 October 2026 via checked.be.