DS Technics: 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 Technics
Largest movements
- Receivables within one year +€122,529
up €122,529 (+306.7%), from €39,946 to €162,475
of which Trade receivables: +€131,042
- Stocks and contracts -€118,582
down €118,582 (-63.6%), from €186,432 to €67,850
of which Contracts in progress: -€113,832
- Cash -€35,851
down €35,851 (-25.8%), from €138,856 to €103,005
mainly Receivables within one year (-€122,529) and Tax, wage and social debts (-€26,932)
- Tangible fixed assets -€6,411
down €6,411 (-19.4%), from €32,999 to €26,588
- Tax, wage and social debts -€26,932
down €26,932 (-60.4%), from €44,602 to €17,670
of which Remuneration and social security: -€16,500
- Current portion of long-term debt -€14,439
no longer reported in 2025 (was €14,439)
- Reserves +€5,667
up €5,667 (+2.1%), from €269,228 to €274,895
of which Distributable reserves: +€5,667
- Turnover +€284,124
new in 2025: €284,124
- Purchases and services +€60,029
up €60,029 (+27.3%), from €219,529 to €279,558
- Taxes -€10,395
down €10,395, from €2,120 to -€8,275
- Depreciation +€4,468
up €4,468 (+152.3%), from €2,934 to €7,402
- Gross operating margin -€4,199
down €4,199 (-47.9%), from €8,764 to €4,565
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 | €398,233 | €359,918 | -€38,315 | -9.6% |
| Fixed assets | 21/28 | €32,999 | €26,588 | -€6,411 | -19.4% |
| Tangible fixed assets | 22/27 | €32,999 | €26,588 | -€6,411 | -19.4% |
| Furniture and vehicles | 24 | €32,999 | €26,588 | -€6,411 | -19.4% |
| Current assets | 29/58 | €365,234 | €333,330 | -€31,904 | -8.7% |
| Stocks and contracts in progress | 3 | €186,432 | €67,850 | -€118,582 | -63.6% |
| Stocks | 30/36 | €72,600 | €67,850 | -€4,750 | -6.5% |
| Contracts in progress | 37 | €113,832 | - | -€113,832 | |
| Amounts receivable within one year | 40/41 | €39,946 | €162,475 | +€122,529 | +306.7% |
| Trade receivables | 40 | €4,736 | €135,778 | +€131,042 | +2766.7% |
| Other amounts receivable | 41 | €35,210 | €26,697 | -€8,513 | -24.2% |
| Cash at bank and in hand | 54/58 | €138,856 | €103,005 | -€35,851 | -25.8% |
| Total equity and liabilities | 10/49 | €398,233 | €359,918 | -€38,315 | -9.6% |
| Equity | 10/15 | €287,828 | €293,495 | +€5,667 | +2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €269,228 | €274,895 | +€5,667 | +2.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €267,368 | €273,035 | +€5,667 | +2.1% |
| Amounts payable | 17/49 | €110,405 | €66,423 | -€43,982 | -39.8% |
| Amounts payable after more than one year | 17 | €11,347 | €11,347 | = | 0.0% |
| Financial debts | 170/4 | €11,347 | €11,347 | = | 0.0% |
| Amounts payable within one year | 42/48 | €99,057 | €55,075 | -€43,982 | -44.4% |
| Current portion of amounts payable after more than one year | 42 | €14,439 | - | -€14,439 | |
| Trade debts | 44 | €2,611 | - | -€2,611 | |
| Suppliers | 440/4 | €2,611 | - | -€2,611 | |
| Taxes, remuneration and social security | 45 | €44,602 | €17,670 | -€26,932 | -60.4% |
| Taxes | 450/3 | €11,602 | €1,170 | -€10,432 | -89.9% |
| Remuneration and social security | 454/9 | €33,000 | €16,500 | -€16,500 | -50.0% |
| Other amounts payable | 47/48 | €37,406 | €37,406 | = | 0.0% |
| Turnover | 70 | - | €284,124 | +€284,124 | |
| Goods, raw materials, services and sundry goods | 60/61 | €219,529 | €279,558 | +€60,029 | +27.3% |
| Remuneration, social security and pensions | 62 | €326 | €498 | +€172 | +52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,934 | €7,402 | +€4,468 | +152.3% |
| Other operating charges | 640/8 | €928 | €812 | -€116 | -12.5% |
| Gross operating margin | 9900 | €8,764 | €4,565 | -€4,199 | -47.9% |
| Operating profit (loss) | 9901 | €4,577 | -€4,147 | -€8,724 | |
| Financial income | 75/76B | €1,733 | €3,481 | +€1,748 | +100.9% |
| Recurring financial income | 75 | €1,733 | €3,481 | +€1,748 | +100.9% |
| Financial charges | 65/66B | €1,257 | €1,941 | +€684 | +54.4% |
| Recurring financial charges | 65 | €1,257 | €1,941 | +€684 | +54.4% |
| Profit (loss) for the period before taxes | 9903 | €5,052 | -€2,608 | -€7,660 | |
| Income taxes | 67/77 | €2,120 | -€8,275 | -€10,395 | |
| Profit (loss) for the period | 9904 | €2,932 | €5,667 | +€2,735 | +93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,932 | €5,667 | +€2,735 | +93.3% |
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 11 October 2026 via checked.be.