DS Trainings: 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 Trainings
Largest movements
- Receivables within one year +€63,487
up €63,487 (+195%), from €32,531 to €96,017
of which Other amounts receivable: +€60,736
- Tangible fixed assets +€54,701
up €54,701 (+103%), from €52,968 to €107,670
of which Furniture and vehicles: +€44,745
- Intangible fixed assets +€5,125
new in 2025: €5,125
- Debts after one year +€73,452
up €73,452 (+1,544%), from €4,758 to €78,210
- Profit (loss) carried forward +€46,176
up €46,176, from -€2,370 to €43,807
- Other debts -€22,203
down €22,203 (-100%), from €22,203 to €0
- Current portion of long-term debt +€10,901
up €10,901 (+96.6%), from €11,287 to €22,189
- Trade debts +€9,987
up €9,987 (+67.1%), from €14,883 to €24,870
- Gross operating margin +€40,308
up €40,308 (+43.2%), from €93,381 to €133,689
- Taxes +€15,043
up €15,043 (+438%), from €3,433 to €18,475
- Staff costs +€10,264
up €10,264 (+45.4%), from €22,614 to €32,878
- Depreciation +€5,258
up €5,258 (+39.0%), from €13,487 to €18,745
- Financial charges +€4,275
up €4,275 (+103%), from €4,145 to €8,420
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 | €102,819 | €228,137 | +€125,317 | +122% |
| Fixed assets | 21/28 | €64,068 | €123,895 | +€59,826 | +93.4% |
| Intangible fixed assets | 21 | - | €5,125 | +€5,125 | |
| Tangible fixed assets | 22/27 | €52,968 | €107,670 | +€54,701 | +103% |
| Plant, machinery and equipment | 23 | €13,365 | €23,704 | +€10,339 | +77.4% |
| Furniture and vehicles | 24 | €38,843 | €83,588 | +€44,745 | +115% |
| Other tangible fixed assets | 26 | €761 | €378 | -€383 | -50.3% |
| Financial fixed assets | 28 | €11,100 | €11,100 | = | 0.0% |
| Current assets | 29/58 | €38,751 | €104,242 | +€65,491 | +169% |
| Amounts receivable within one year | 40/41 | €32,531 | €96,017 | +€63,487 | +195% |
| Trade receivables | 40 | €26,620 | €29,371 | +€2,750 | +10.3% |
| Other amounts receivable | 41 | €5,910 | €66,647 | +€60,736 | +1,028% |
| Cash at bank and in hand | 54/58 | €5,142 | €7,212 | +€2,071 | +40.3% |
| Deferred charges and accrued income | 490/1 | €1,079 | €1,013 | -€66 | -6.1% |
| Total equity and liabilities | 10/49 | €102,819 | €228,137 | +€125,317 | +122% |
| Equity | 10/15 | €130 | €46,307 | +€46,176 | +35,398% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,370 | €43,807 | +€46,176 | |
| Amounts payable | 17/49 | €102,689 | €181,830 | +€79,141 | +77.1% |
| Amounts payable after more than one year | 17 | €4,758 | €78,210 | +€73,452 | +1,544% |
| Financial debts | 170/4 | €4,758 | €78,210 | +€73,452 | +1,544% |
| Amounts payable within one year | 42/48 | €94,081 | €99,770 | +€5,689 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €11,287 | €22,189 | +€10,901 | +96.6% |
| Financial debts | 43 | €515 | €2,519 | +€2,003 | +389% |
| Credit institutions | 430/8 | €515 | €1,685 | +€1,170 | +227% |
| Other loans | 439 | - | €833 | +€833 | |
| Trade debts | 44 | €14,883 | €24,870 | +€9,987 | +67.1% |
| Suppliers | 440/4 | €14,883 | €24,870 | +€9,987 | +67.1% |
| Taxes, remuneration and social security | 45 | €45,192 | €50,192 | +€5,000 | +11.1% |
| Taxes | 450/3 | €38,958 | €41,475 | +€2,517 | +6.5% |
| Remuneration and social security | 454/9 | €6,233 | €8,717 | +€2,484 | +39.8% |
| Other amounts payable | 47/48 | €22,203 | €0 | -€22,203 | -100% |
| Accrued charges and deferred income | 492/3 | €3,850 | €3,850 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €22,614 | €32,878 | +€10,264 | +45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,487 | €18,745 | +€5,258 | +39.0% |
| Other operating charges | 640/8 | €6,000 | €2,553 | -€3,448 | -57.5% |
| Non-recurring operating charges | 66A | €4,734 | €7,283 | +€2,549 | +53.9% |
| Gross operating margin | 9900 | €93,381 | €133,689 | +€40,308 | +43.2% |
| Operating profit (loss) | 9901 | €46,546 | €72,231 | +€25,684 | +55.2% |
| Financial income | 75/76B | €171 | €841 | +€670 | +392% |
| Recurring financial income | 75 | €171 | €841 | +€670 | +392% |
| Financial charges | 65/66B | €4,145 | €8,420 | +€4,275 | +103% |
| Recurring financial charges | 65 | €4,145 | €8,420 | +€4,275 | +103% |
| Profit (loss) for the period before taxes | 9903 | €42,572 | €64,652 | +€22,079 | +51.9% |
| Income taxes | 67/77 | €3,433 | €18,475 | +€15,043 | +438% |
| Profit (loss) for the period | 9904 | €39,140 | €46,176 | +€7,037 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,140 | €46,176 | +€7,037 | +18.0% |
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 17 October 2026 via checked.be.