TRAIN SERVICE DANCKAERT: what changed
What changed
TRAIN SERVICE DANCKAERT
NACE 33.190, Repair, maintenance and installation of machinery and equipment
filed annual accounts (NBB)
Net result for the year
€70,003
2024 · €73,809-€3,806
Equity
€823,939
2024 · €753,936+€70,003
Cash
€359,890
2024 · €400,104-€40,215
Balance sheet total
€867,343
2024 · €857,155+€10,188
Largest movements
Assets
- Current investments +€75,000
up €75,000 (+213%), from €35,250 to €110,250
- Cash -€40,215
down €40,215 (-10.1%), from €400,104 to €359,890
mainly Current investments (-€75,000) and Trade debts (-€55,773)
- Receivables within one year -€24,919
down €24,919 (-7.6%), from €325,763 to €300,844
of which Trade receivables: -€30,702
Equity and liabilities
- Reserves +€70,003
up €70,003 (+9.5%), from €735,386 to €805,389
of which Distributable reserves: +€70,003
- Trade debts -€55,773
down €55,773 (-87.8%), from €63,532 to €7,759
Income statement
- Other operating charges +€12,623
up €12,623 (+44.7%), from €28,256 to €40,879
- Gross operating margin +€7,472
up €7,472 (+5.4%), from €137,693 to €145,164
- Taxes -€1,708
down €1,708 (-4.8%), from €35,295 to €33,587
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€73,809
Gross operating margin
+€7,472
Depreciation
+€429
Other operating charges
-€12,623
Financial income
-€700
Financial charges
-€92
Taxes
+€1,708
Result 2025
€70,003
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€34,972
Investment
-€75,187
Financing
€0
Cash 2024
€400,104
From operations (derived)
+€34,972
Net result for the year
+€70,003
Depreciation
+€1,645
Stocks and contracts
-€3,801
Receivables within one year
+€24,919
Deferred charges and accrued income
+€2,021
Trade debts
-€55,773
Tax, wage and social debts
+€3,043
Other debts
-€7,085
Investment (derived)
-€75,187
Investment in fixed assets (net)
-€187
Current investments
-€75,000
Cash 2025
€359,890
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €857,155 | €867,343 | +€10,188 | +1.2% |
| Fixed assets | 21/28 | €7,451 | €5,993 | -€1,458 | -19.6% |
| Tangible fixed assets | 22/27 | €5,876 | €4,418 | -€1,458 | -24.8% |
| Plant, machinery and equipment | 23 | €3,298 | €2,757 | -€542 | -16.4% |
| Furniture and vehicles | 24 | €2,578 | €1,661 | -€916 | -35.6% |
| Financial fixed assets | 28 | €1,575 | €1,575 | = | 0.0% |
| Current assets | 29/58 | €849,704 | €861,350 | +€11,646 | +1.4% |
| Stocks and contracts in progress | 3 | €86,476 | €90,277 | +€3,801 | +4.4% |
| Stocks | 30/36 | €86,476 | €90,277 | +€3,801 | +4.4% |
| Amounts receivable within one year | 40/41 | €325,763 | €300,844 | -€24,919 | -7.6% |
| Trade receivables | 40 | €323,574 | €292,871 | -€30,702 | -9.5% |
| Other amounts receivable | 41 | €2,189 | €7,972 | +€5,783 | +264% |
| Current investments | 50/53 | €35,250 | €110,250 | +€75,000 | +213% |
| Cash at bank and in hand | 54/58 | €400,104 | €359,890 | -€40,215 | -10.1% |
| Deferred charges and accrued income | 490/1 | €2,111 | €90 | -€2,021 | -95.7% |
| Total equity and liabilities | 10/49 | €857,155 | €867,343 | +€10,188 | +1.2% |
| Equity | 10/15 | €753,936 | €823,939 | +€70,003 | +9.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €735,386 | €805,389 | +€70,003 | +9.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €733,531 | €803,534 | +€70,003 | +9.5% |
| Amounts payable | 17/49 | €103,219 | €43,404 | -€59,815 | -57.9% |
| Amounts payable within one year | 42/48 | €103,219 | €43,404 | -€59,815 | -57.9% |
| Trade debts | 44 | €63,532 | €7,759 | -€55,773 | -87.8% |
| Suppliers | 440/4 | €63,532 | €7,759 | -€55,773 | -87.8% |
| Taxes, remuneration and social security | 45 | €12,862 | €15,905 | +€3,043 | +23.7% |
| Taxes | 450/3 | €12,862 | €15,905 | +€3,043 | +23.7% |
| Other amounts payable | 47/48 | €26,825 | €19,740 | -€7,085 | -26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,074 | €1,645 | -€429 | -20.7% |
| Other operating charges | 640/8 | €28,256 | €40,879 | +€12,623 | +44.7% |
| Gross operating margin | 9900 | €137,693 | €145,164 | +€7,472 | +5.4% |
| Operating profit (loss) | 9901 | €107,363 | €102,641 | -€4,722 | -4.4% |
| Financial income | 75/76B | €2,069 | €1,369 | -€700 | -33.8% |
| Recurring financial income | 75 | €2,069 | €1,369 | -€700 | -33.8% |
| Financial charges | 65/66B | €328 | €420 | +€92 | +28.0% |
| Recurring financial charges | 65 | €328 | €420 | +€92 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | €109,104 | €103,589 | -€5,514 | -5.1% |
| Income taxes | 67/77 | €35,295 | €33,587 | -€1,708 | -4.8% |
| Profit (loss) for the period | 9904 | €73,809 | €70,003 | -€3,806 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,809 | €70,003 | -€3,806 | -5.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.