DSP LOGISTICS: what changed
Two fiscal 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.
DSP LOGISTICS
Largest movements
- Tangible fixed assets -€57,776
down €57,776 (-4.9%), from €1.2m to €1.1m
of which Land and buildings: -€55,532
- Cash +€13,088
up €13,088 (+45.2%), from €28,976 to €42,064
mainly Depreciation (+€57,776) and Net result for the year (+€34,246)
- Debts after one year -€70,469
down €70,469 (-6.4%), from €1.1m to €1.0m
- Profit (loss) carried forward +€34,246
up €34,246 (+60.3%), from -€56,748 to -€22,502
- Staff costs -€33,852
no longer reported in 2025 (was €33,852)
- Gross operating margin -€15,579
down €15,579 (-11.8%), from €131,522 to €115,943
- Financial income -€3,523
down €3,523 (-48.9%), from €7,200 to €3,678
- Financial charges -€2,555
down €2,555 (-8.8%), from €28,918 to €26,363
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 | €1,250,709 | €1,207,023 | -€43,686 | -3.5% |
| Fixed assets | 21/28 | €1,193,479 | €1,135,703 | -€57,776 | -4.8% |
| Tangible fixed assets | 22/27 | €1,190,871 | €1,133,095 | -€57,776 | -4.9% |
| Land and buildings | 22 | €1,174,566 | €1,119,034 | -€55,532 | -4.7% |
| Plant, machinery and equipment | 23 | €16,305 | €14,061 | -€2,244 | -13.8% |
| Financial fixed assets | 28 | €2,608 | €2,608 | = | 0.0% |
| Current assets | 29/58 | €57,230 | €71,320 | +€14,090 | +24.6% |
| Amounts receivable within one year | 40/41 | €28,079 | €27,787 | -€292 | -1.0% |
| Trade receivables | 40 | €27,954 | €26,391 | -€1,563 | -5.6% |
| Other amounts receivable | 41 | €125 | €1,396 | +€1,271 | +1015.5% |
| Cash at bank and in hand | 54/58 | €28,976 | €42,064 | +€13,088 | +45.2% |
| Deferred charges and accrued income | 490/1 | €175 | €1,469 | +€1,294 | +739.6% |
| Total equity and liabilities | 10/49 | €1,250,709 | €1,207,023 | -€43,686 | -3.5% |
| Equity | 10/15 | €37,452 | €68,098 | +€30,646 | +81.8% |
| Contributions | 10/11 | €33,000 | €33,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,748 | -€22,502 | +€34,246 | +60.3% |
| Investment grants | 15 | €61,200 | €57,600 | -€3,600 | -5.9% |
| Amounts payable | 17/49 | €1,213,257 | €1,138,925 | -€74,332 | -6.1% |
| Amounts payable after more than one year | 17 | €1,107,069 | €1,036,600 | -€70,469 | -6.4% |
| Financial debts | 170/4 | €1,107,069 | €1,036,600 | -€70,469 | -6.4% |
| Amounts payable within one year | 42/48 | €86,144 | €88,521 | +€2,377 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €62,528 | €63,662 | +€1,134 | +1.8% |
| Trade debts | 44 | €13,518 | €23,313 | +€9,795 | +72.5% |
| Suppliers | 440/4 | €13,518 | €23,313 | +€9,795 | +72.5% |
| Taxes, remuneration and social security | 45 | €10,098 | €1,546 | -€8,552 | -84.7% |
| Taxes | 450/3 | €10,098 | €1,546 | -€8,552 | -84.7% |
| Accrued charges and deferred income | 492/3 | €20,044 | €13,804 | -€6,239 | -31.1% |
| Remuneration, social security and pensions | 62 | €33,852 | - | -€33,852 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,492 | €57,776 | +€284 | +0.5% |
| Other operating charges | 640/8 | €1,348 | €1,236 | -€112 | -8.3% |
| Gross operating margin | 9900 | €131,522 | €115,943 | -€15,579 | -11.8% |
| Operating profit (loss) | 9901 | €38,831 | €56,932 | +€18,101 | +46.6% |
| Financial income | 75/76B | €7,200 | €3,678 | -€3,523 | -48.9% |
| Recurring financial income | 75 | €7,200 | €3,678 | -€3,523 | -48.9% |
| Financial charges | 65/66B | €28,918 | €26,363 | -€2,555 | -8.8% |
| Recurring financial charges | 65 | €28,918 | €26,363 | -€2,555 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €17,113 | €34,246 | +€17,133 | +100.1% |
| Profit (loss) for the period | 9904 | €17,113 | €34,246 | +€17,133 | +100.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,113 | €34,246 | +€17,133 | +100.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.