DS SERVICES GROUP: 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 GROUP
Largest movements
- Receivables within one year +€129,366
up €129,366 (+51.4%), from €251,537 to €380,904
of which Other amounts receivable: +€121,483
- Cash +€63,094
up €63,094 (+235%), from €26,855 to €89,949
mainly Trade debts (+€235,574) and Net result for the year (+€21,987)
- Trade debts +€235,574
up €235,574 (+539%), from €43,689 to €279,263
- Other debts -€46,584
down €46,584 (-66.7%), from €69,841 to €23,257
- Profit (loss) carried forward +€21,987
up €21,987 (+24.2%), from €90,935 to €112,922
- Current portion of long-term debt -€7,798
down €7,798 (-81.9%), from €9,516 to €1,718
- Tax, wage and social debts -€7,256
down €7,256 (-13.0%), from €55,789 to €48,534
of which Remuneration and social security: -€16,964
- Gross operating margin +€142,966
up €142,966 (+55.4%), from €258,244 to €401,211
- Staff costs +€126,286
up €126,286 (+60.5%), from €208,856 to €335,142
- Taxes +€14,000
up €14,000 (+350%), from €4,000 to €18,000
- Other operating charges +€13,322
up €13,322 (+475%), from €2,806 to €16,127
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 | €363,641 | €559,564 | +€195,924 | +53.9% |
| Fixed assets | 21/28 | €85,248 | €88,711 | +€3,463 | +4.1% |
| Tangible fixed assets | 22/27 | €21,248 | €24,711 | +€3,463 | +16.3% |
| Furniture and vehicles | 24 | - | €9,953 | +€9,953 | |
| Leasing and similar rights | 25 | €21,248 | €14,758 | -€6,490 | -30.5% |
| Financial fixed assets | 28 | €64,000 | €64,000 | = | 0.0% |
| Current assets | 29/58 | €278,392 | €470,853 | +€192,460 | +69.1% |
| Amounts receivable within one year | 40/41 | €251,537 | €380,904 | +€129,366 | +51.4% |
| Trade receivables | 40 | €123,355 | €131,238 | +€7,883 | +6.4% |
| Other amounts receivable | 41 | €128,183 | €249,666 | +€121,483 | +94.8% |
| Cash at bank and in hand | 54/58 | €26,855 | €89,949 | +€63,094 | +235% |
| Total equity and liabilities | 10/49 | €363,641 | €559,564 | +€195,924 | +53.9% |
| Equity | 10/15 | €109,535 | €131,522 | +€21,987 | +20.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,935 | €112,922 | +€21,987 | +24.2% |
| Amounts payable | 17/49 | €254,106 | €428,042 | +€173,937 | +68.5% |
| Amounts payable after more than one year | 17 | €75,271 | €75,271 | = | 0.0% |
| Financial debts | 170/4 | €11,271 | €11,271 | = | 0.0% |
| Other amounts payable | 178/9 | €64,000 | €64,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €178,835 | €352,771 | +€173,937 | +97.3% |
| Current portion of amounts payable after more than one year | 42 | €9,516 | €1,718 | -€7,798 | -81.9% |
| Trade debts | 44 | €43,689 | €279,263 | +€235,574 | +539% |
| Suppliers | 440/4 | €43,689 | €279,263 | +€235,574 | +539% |
| Taxes, remuneration and social security | 45 | €55,789 | €48,534 | -€7,256 | -13.0% |
| Taxes | 450/3 | €19,402 | €29,110 | +€9,709 | +50.0% |
| Remuneration and social security | 454/9 | €36,388 | €19,423 | -€16,964 | -46.6% |
| Other amounts payable | 47/48 | €69,841 | €23,257 | -€46,584 | -66.7% |
| Remuneration, social security and pensions | 62 | €208,856 | €335,142 | +€126,286 | +60.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,490 | €8,976 | +€2,486 | +38.3% |
| Other operating charges | 640/8 | €2,806 | €16,127 | +€13,322 | +475% |
| Non-recurring operating charges | 66A | €267 | - | -€267 | |
| Gross operating margin | 9900 | €258,244 | €401,211 | +€142,966 | +55.4% |
| Operating profit (loss) | 9901 | €39,826 | €40,964 | +€1,138 | +2.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,621 | €977 | -€644 | -39.7% |
| Recurring financial charges | 65 | €1,621 | €977 | -€644 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €38,205 | €39,987 | +€1,782 | +4.7% |
| Income taxes | 67/77 | €4,000 | €18,000 | +€14,000 | +350% |
| Profit (loss) for the period | 9904 | €34,205 | €21,987 | -€12,218 | -35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,205 | €21,987 | -€12,218 | -35.7% |
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 15 October 2026 via checked.be.