DSV-Rioolservice: 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.
DSV-Rioolservice
Largest movements
- Tangible fixed assets +€70,722
up €70,722 (+801%), from €8,832 to €79,554
of which Leasing and similar rights: +€56,419
- Cash -€10,818
down €10,818 (-20.0%), from €54,046 to €43,227
mainly Investment in fixed assets (net) (-€74,788) and Tax, wage and social debts (-€10,204)
- Receivables within one year -€3,710
down €3,710 (-41.3%), from €8,975 to €5,265
of which Trade receivables: -€2,721
- Debts after one year +€41,729
new in 2025: €41,729
- Reserves +€13,168
up €13,168 (+24.1%), from €54,703 to €67,871
- Tax, wage and social debts -€10,204
down €10,204 (-50.5%), from €20,197 to €9,993
of which Taxes: -€7,073
- Current portion of long-term debt +€8,422
new in 2025: €8,422
- Trade debts +€2,067
up €2,067 (+8.3%), from €24,790 to €26,857
- Gross operating margin -€40,374
down €40,374 (-47.5%), from €84,944 to €44,570
- Staff costs -€39,019
down €39,019 (-65.3%), from €59,767 to €20,748
- Depreciation +€2,056
up €2,056 (+102%), from €2,011 to €4,066
- Taxes -€1,128
down €1,128 (-26.7%), from €4,231 to €3,103
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 | €102,588 | €157,372 | +€54,785 | +53.4% |
| Fixed assets | 21/28 | €8,832 | €79,554 | +€70,722 | +801% |
| Tangible fixed assets | 22/27 | €8,832 | €79,554 | +€70,722 | +801% |
| Plant, machinery and equipment | 23 | €6,450 | €8,986 | +€2,536 | +39.3% |
| Furniture and vehicles | 24 | €2,383 | €14,149 | +€11,767 | +494% |
| Leasing and similar rights | 25 | - | €56,419 | +€56,419 | |
| Current assets | 29/58 | €93,755 | €77,818 | -€15,937 | -17.0% |
| Amounts receivable after more than one year | 29 | €29,250 | €29,250 | = | 0.0% |
| Other amounts receivable | 291 | €29,250 | €29,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,975 | €5,265 | -€3,710 | -41.3% |
| Trade receivables | 40 | €7,512 | €4,791 | -€2,721 | -36.2% |
| Other amounts receivable | 41 | €1,463 | €474 | -€989 | -67.6% |
| Cash at bank and in hand | 54/58 | €54,046 | €43,227 | -€10,818 | -20.0% |
| Deferred charges and accrued income | 490/1 | €1,484 | €76 | -€1,409 | -94.9% |
| Total equity and liabilities | 10/49 | €102,588 | €157,372 | +€54,785 | +53.4% |
| Equity | 10/15 | €57,203 | €70,371 | +€13,168 | +23.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €54,703 | €67,871 | +€13,168 | +24.1% |
| Distributable reserves | 133 | €54,703 | €67,871 | +€13,168 | +24.1% |
| Amounts payable | 17/49 | €45,384 | €87,001 | +€41,617 | +91.7% |
| Amounts payable after more than one year | 17 | - | €41,729 | +€41,729 | |
| Financial debts | 170/4 | - | €41,729 | +€41,729 | |
| Amounts payable within one year | 42/48 | €45,384 | €45,272 | -€112 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | - | €8,422 | +€8,422 | |
| Trade debts | 44 | €24,790 | €26,857 | +€2,067 | +8.3% |
| Suppliers | 440/4 | €24,790 | €26,857 | +€2,067 | +8.3% |
| Taxes, remuneration and social security | 45 | €20,197 | €9,993 | -€10,204 | -50.5% |
| Taxes | 450/3 | €15,614 | €8,542 | -€7,073 | -45.3% |
| Remuneration and social security | 454/9 | €4,583 | €1,451 | -€3,132 | -68.3% |
| Other amounts payable | 47/48 | €397 | €0 | -€397 | -100% |
| Non-recurring operating income | 76A | - | €15,354 | +€15,354 | |
| Remuneration, social security and pensions | 62 | €59,767 | €20,748 | -€39,019 | -65.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,011 | €4,066 | +€2,056 | +102% |
| Other operating charges | 640/8 | €543 | €1,230 | +€687 | +127% |
| Non-recurring operating charges | 66A | €2,684 | €0 | -€2,684 | -100% |
| Gross operating margin | 9900 | €84,944 | €44,570 | -€40,374 | -47.5% |
| Operating profit (loss) | 9901 | €19,939 | €18,525 | -€1,414 | -7.1% |
| Financial income | 75/76B | €8 | €30 | +€21 | +251% |
| Recurring financial income | 75 | €8 | €30 | +€21 | +251% |
| Financial charges | 65/66B | €2,464 | €2,284 | -€180 | -7.3% |
| Recurring financial charges | 65 | €2,464 | €2,284 | -€180 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €17,484 | €16,271 | -€1,213 | -6.9% |
| Income taxes | 67/77 | €4,231 | €3,103 | -€1,128 | -26.7% |
| Profit (loss) for the period | 9904 | €13,253 | €13,168 | -€85 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,253 | €13,168 | -€85 | -0.6% |
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 20 October 2026 via checked.be.