DS SERVICES: 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 SERVICES
Largest movements
- Cash -€109,293
down €109,293 (-66.1%), from €165,348 to €56,055
mainly Current investments (-€100,000) and Contributions, distributions and other (-€98,000)
- Current investments +€100,000
new in 2024: €100,000
- Tangible fixed assets -€41,325
down €41,325 (-40.2%), from €102,757 to €61,431
of which Furniture and vehicles: -€31,983
- Receivables within one year +€9,998
up €9,998 (+7.1%), from €141,735 to €151,733
of which Trade receivables: +€44,280
- Deferred charges and accrued income +€9,413
up €9,413 (+572%), from €1,647 to €11,060
- Tax, wage and social debts -€27,887
down €27,887 (-81.8%), from €34,077 to €6,190
of which Taxes: -€28,589
- Reserves +€24,524
up €24,524 (+9.1%), from €269,069 to €293,593
- Current portion of long-term debt -€15,542
no longer reported in 2024 (was €15,542)
- Trade debts -€8,204
down €8,204 (-27.2%), from €30,141 to €21,937
- Gross operating margin -€49,786
down €49,786 (-21.7%), from €229,760 to €179,974
- Depreciation -€18,168
down €18,168 (-46.3%), from €39,275 to €21,106
- Taxes -€7,939
down €7,939 (-18.2%), from €43,620 to €35,681
- Other operating charges +€4,023
up €4,023 (+490%), from €822 to €4,844
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €466,227 | €438,270 | -€27,957 | -6.0% |
| Fixed assets | 21/28 | €102,757 | €61,431 | -€41,325 | -40.2% |
| Tangible fixed assets | 22/27 | €102,757 | €61,431 | -€41,325 | -40.2% |
| Land and buildings | 22 | €27,241 | €29,436 | +€2,195 | +8.1% |
| Plant, machinery and equipment | 23 | €24,882 | €14,608 | -€10,274 | -41.3% |
| Furniture and vehicles | 24 | €39,632 | €7,649 | -€31,983 | -80.7% |
| Other tangible fixed assets | 26 | €11,001 | €9,738 | -€1,263 | -11.5% |
| Current assets | 29/58 | €363,471 | €376,839 | +€13,368 | +3.7% |
| Amounts receivable after more than one year | 29 | €48,500 | €48,500 | = | 0.0% |
| Other amounts receivable | 291 | €48,500 | €48,500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €6,241 | €9,491 | +€3,250 | +52.1% |
| Stocks | 30/36 | €6,241 | €9,491 | +€3,250 | +52.1% |
| Amounts receivable within one year | 40/41 | €141,735 | €151,733 | +€9,998 | +7.1% |
| Trade receivables | 40 | €53,323 | €97,603 | +€44,280 | +83.0% |
| Other amounts receivable | 41 | €88,413 | €54,130 | -€34,283 | -38.8% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €165,348 | €56,055 | -€109,293 | -66.1% |
| Deferred charges and accrued income | 490/1 | €1,647 | €11,060 | +€9,413 | +572% |
| Total equity and liabilities | 10/49 | €466,227 | €438,270 | -€27,957 | -6.0% |
| Equity | 10/15 | €287,619 | €312,143 | +€24,524 | +8.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €269,069 | €293,593 | +€24,524 | +9.1% |
| Distributable reserves | 133 | €269,069 | €293,593 | +€24,524 | +9.1% |
| Amounts payable | 17/49 | €178,608 | €126,127 | -€52,482 | -29.4% |
| Amounts payable within one year | 42/48 | €178,608 | €126,127 | -€52,482 | -29.4% |
| Current portion of amounts payable after more than one year | 42 | €15,542 | - | -€15,542 | |
| Trade debts | 44 | €30,141 | €21,937 | -€8,204 | -27.2% |
| Suppliers | 440/4 | €30,141 | €21,937 | -€8,204 | -27.2% |
| Taxes, remuneration and social security | 45 | €34,077 | €6,190 | -€27,887 | -81.8% |
| Taxes | 450/3 | €34,077 | €5,488 | -€28,589 | -83.9% |
| Remuneration and social security | 454/9 | - | €702 | +€702 | |
| Other amounts payable | 47/48 | €98,849 | €98,000 | -€849 | -0.9% |
| Non-recurring operating income | 76A | - | €19,862 | +€19,862 | |
| Remuneration, social security and pensions | 62 | €1,280 | - | -€1,280 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,275 | €21,106 | -€18,168 | -46.3% |
| Other operating charges | 640/8 | €822 | €4,844 | +€4,023 | +490% |
| Gross operating margin | 9900 | €229,760 | €179,974 | -€49,786 | -21.7% |
| Operating profit (loss) | 9901 | €188,384 | €154,023 | -€34,361 | -18.2% |
| Financial income | 75/76B | €8,172 | €6,851 | -€1,321 | -16.2% |
| Recurring financial income | 75 | €8,172 | €6,851 | -€1,321 | -16.2% |
| Financial charges | 65/66B | €3,258 | €2,668 | -€589 | -18.1% |
| Recurring financial charges | 65 | €3,258 | €2,668 | -€589 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €193,298 | €158,206 | -€35,093 | -18.2% |
| Income taxes | 67/77 | €43,620 | €35,681 | -€7,939 | -18.2% |
| Profit (loss) for the period | 9904 | €149,678 | €122,524 | -€27,154 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €149,678 | €122,524 | -€27,154 | -18.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.