A. DUROT: 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.
What changed
A. DUROT
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.7m
2024 · €359,833+€1.3m
Equity
€11.3m
2024 · €9.9m+€1.4m
Cash
€1.5m
2024 · €528,531+€924,300
Balance sheet total
€12.2m
2024 · €10.6m+€1.6m
Largest movements
Assets
- Cash +€924,300
up €924,300 (+175%), from €528,531 to €1.5m
mainly Net result for the year (+€1.7m) and Other debts (+€290,463)
- Receivables within one year +€497,573
up €497,573 (+104%), from €479,187 to €976,760
of which Other amounts receivable: +€487,197
- Financial fixed assets +€261,835
up €261,835 (+2.9%), from €8.9m to €9.2m
of which Affiliated companies: +€261,795
Equity and liabilities
- Reserves +€1.4m
up €1.4m (+19.3%), from €7.1m to €8.5m
of which Distributable reserves: +€1.3m
- Other debts +€290,463
up €290,463 (+914%), from €31,770 to €322,233
Income statement
- Financial income +€1.3m
up €1.3m (+366%), from €364,083 to €1.7m
- Services and other goods +€292,234
up €292,234 (+20.8%), from €1.4m to €1.7m
- Other operating income +€286,644
up €286,644 (+12.7%), from €2.2m to €2.5m
- Staff costs -€10,333
down €10,333 (-0.8%), from €1.4m to €1.4m
- Taxes +€10,229
up €10,229, from -€8,837 to €1,392
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.
Result 2024
€359,833
Turnover
+€4,229
Other operating income
+€286,644
Goods and materials
+€1,032
Services and other goods
-€292,234
Staff costs
+€10,333
Depreciation
+€10,073
Other operating charges
-€2,177
Other operating items
-€34,923
Financial income
+€1.3m
Financial charges
-€2,068
Taxes
-€10,229
Result 2025
€1.7m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.5m
Investment
-€272,897
Financing
-€290,463
Cash 2024
€528,531
From operations (derived)
+€1.5m
Net result for the year
+€1.7m
Depreciation
+€93,394
Receivables within one year
-€497,573
Deferred charges and accrued income
+€26,319
Trade debts
-€95,727
Tax, wage and social debts
+€59,341
Other debts
+€290,463
Accrued charges and deferred income
-€51,070
Investment (derived)
-€272,897
Investment in fixed assets (net)
-€272,897
Financing
-€290,463
Contributions, distributions and other
-€290,463
Cash 2025
€1.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,588,968 | €12,164,026 | +€1.6m | +14.9% |
| Fixed assets | 21/28 | €9,214,173 | €9,393,676 | +€179,504 | +1.9% |
| Intangible fixed assets | 21 | €56,959 | €33,511 | -€23,448 | -41.2% |
| Tangible fixed assets | 22/27 | €238,989 | €180,106 | -€58,883 | -24.6% |
| Plant, machinery and equipment | 23 | €86,089 | €58,474 | -€27,614 | -32.1% |
| Furniture and vehicles | 24 | €149,873 | €120,850 | -€29,023 | -19.4% |
| Other tangible fixed assets | 26 | €3,027 | €782 | -€2,246 | -74.2% |
| Financial fixed assets | 28 | €8,918,225 | €9,180,060 | +€261,835 | +2.9% |
| Affiliated companies | 280/1 | €8,918,165 | €9,179,960 | +€261,795 | +2.9% |
| Participating interests | 280 | €8,918,165 | €9,179,960 | +€261,795 | +2.9% |
| Other financial fixed assets | 284/8 | €60 | €100 | +€40 | +66.7% |
| Amounts receivable and cash guarantees | 285/8 | €60 | €100 | +€40 | +66.7% |
| Current assets | 29/58 | €1,374,795 | €2,770,349 | +€1.4m | +102% |
| Amounts receivable within one year | 40/41 | €479,187 | €976,760 | +€497,573 | +104% |
| Trade receivables | 40 | €474,097 | €484,473 | +€10,376 | +2.2% |
| Other amounts receivable | 41 | €5,091 | €492,288 | +€487,197 | +9,570% |
| Cash at bank and in hand | 54/58 | €528,531 | €1,452,831 | +€924,300 | +175% |
| Deferred charges and accrued income | 490/1 | €367,076 | €340,758 | -€26,319 | -7.2% |
| Total equity and liabilities | 10/49 | €10,588,968 | €12,164,026 | +€1.6m | +14.9% |
| Equity | 10/15 | €9,928,488 | €11,300,539 | +€1.4m | +13.8% |
| Contributions | 10/11 | €2,814,331 | €2,814,331 | = | 0.0% |
| Capital | 10 | €2,814,331 | €2,814,331 | = | 0.0% |
| Issued capital | 100 | €2,814,331 | €2,814,331 | = | 0.0% |
| Reserves | 13 | €7,114,156 | €8,486,207 | +€1.4m | +19.3% |
| Non-distributable reserves | 130/1 | €237,374 | €281,433 | +€44,059 | +18.6% |
| Legal reserve | 130 | €237,374 | €281,433 | +€44,059 | +18.6% |
| Tax-exempt reserves | 132 | €106,016 | €106,016 | = | 0.0% |
| Distributable reserves | 133 | €6,770,766 | €8,098,758 | +€1.3m | +19.6% |
| Amounts payable | 17/49 | €660,480 | €863,487 | +€203,007 | +30.7% |
| Amounts payable within one year | 42/48 | €524,044 | €778,121 | +€254,077 | +48.5% |
| Trade debts | 44 | €335,978 | €240,252 | -€95,727 | -28.5% |
| Suppliers | 440/4 | €335,978 | €240,252 | -€95,727 | -28.5% |
| Taxes, remuneration and social security | 45 | €156,295 | €215,637 | +€59,341 | +38.0% |
| Taxes | 450/3 | €372 | €50,205 | +€49,833 | +13,404% |
| Remuneration and social security | 454/9 | €155,924 | €165,432 | +€9,508 | +6.1% |
| Other amounts payable | 47/48 | €31,770 | €322,233 | +€290,463 | +914% |
| Accrued charges and deferred income | 492/3 | €136,436 | €85,366 | -€51,070 | -37.4% |
| Operating income | 70/76A | €2,896,821 | €3,152,771 | +€255,950 | +8.8% |
| Turnover | 70 | €612,368 | €616,597 | +€4,229 | +0.7% |
| Other operating income | 74 | €2,249,530 | €2,536,174 | +€286,644 | +12.7% |
| Non-recurring operating income | 76A | €34,923 | - | -€34,923 | |
| Operating charges | 60/66A | €2,907,959 | €3,180,932 | +€272,973 | +9.4% |
| Goods for resale, raw materials and consumables | 60 | €1,032 | - | -€1,032 | |
| Purchases | 600/8 | €1,032 | - | -€1,032 | |
| Services and other goods | 61 | €1,406,050 | €1,698,284 | +€292,234 | +20.8% |
| Remuneration, social security and pensions | 62 | €1,366,376 | €1,356,043 | -€10,333 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,467 | €93,394 | -€10,073 | -9.7% |
| Other operating charges | 640/8 | €31,034 | €33,211 | +€2,177 | +7.0% |
| Operating profit (loss) | 9901 | -€11,138 | -€28,161 | -€17,024 | -153% |
| Financial income | 75/76B | €364,083 | €1,696,085 | +€1.3m | +366% |
| Recurring financial income | 75 | €364,083 | €1,696,085 | +€1.3m | +366% |
| Income from financial fixed assets | 750 | €353,367 | €1,689,600 | +€1.3m | +378% |
| Income from current assets | 751 | - | €3,411 | +€3,411 | |
| Other financial income | 752/9 | €10,716 | €3,074 | -€7,643 | -71.3% |
| Financial charges | 65/66B | €1,949 | €4,017 | +€2,068 | +106% |
| Recurring financial charges | 65 | €1,949 | €4,017 | +€2,068 | +106% |
| Other financial charges | 652/9 | €1,949 | €4,017 | +€2,068 | +106% |
| Profit (loss) for the period before taxes | 9903 | €350,997 | €1,663,906 | +€1.3m | +374% |
| Income taxes | 67/77 | -€8,837 | €1,392 | +€10,229 | |
| Taxes | 670/3 | €3,215 | €1,406 | -€1,809 | -56.3% |
| Tax adjustments and reversals of tax provisions | 77 | €12,051 | €14 | -€12,037 | -99.9% |
| Profit (loss) for the period | 9904 | €359,833 | €1,662,514 | +€1.3m | +362% |
| Profit (loss) for the period to be appropriated | 9905 | €359,833 | €1,662,514 | +€1.3m | +362% |
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 13 October 2026 via checked.be.