ABS DUCHEYNE: 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.
ABS DUCHEYNE
Largest movements
- Stocks and contracts -€9,015
down €9,015 (-59.5%), from €15,156 to €6,141
- Cash +€8,749
up €8,749 (+219.5%), from €3,987 to €12,736
mainly Stocks and contracts (+€9,015) and Tax, wage and social debts (+€6,957)
- Receivables within one year -€6,833
down €6,833 (-15.8%), from €43,133 to €36,300
of which Other amounts receivable: -€7,929
- Tangible fixed assets +€924
up €924 (+6.0%), from €15,425 to €16,350
of which Furniture and vehicles: +€3,256
- Other debts -€8,940
down €8,940 (-35.5%), from €25,167 to €16,228
- Tax, wage and social debts +€6,957
up €6,957 (+328.6%), from €2,117 to €9,074
of which Remuneration and social security: +€6,339
- Trade debts +€6,749
up €6,749 (+20.3%), from €33,268 to €40,018
- Debts after one year -€4,958
down €4,958 (-81.5%), from €6,080 to €1,122
- Profit (loss) carried forward -€3,783
down €3,783 (-11.5%), from -€32,825 to -€36,609
- Gross operating margin -€16,439
down €16,439 (-93.0%), from €17,671 to €1,233
- Depreciation -€8,162
down €8,162 (-55.9%), from €14,608 to €6,446
- Financial income +€4,886
up €4,886 (+982.1%), from €498 to €5,384
of which Non-recurring financial income: +€4,919
- Staff costs -€1,973
no longer reported in 2025 (was €1,973)
- Financial charges -€567
down €567 (-19.2%), from €2,950 to €2,383
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 | €82,281 | €75,214 | -€7,067 | -8.6% |
| Fixed assets | 21/28 | €17,408 | €18,043 | +€635 | +3.6% |
| Intangible fixed assets | 21 | €423 | €268 | -€154 | -36.5% |
| Tangible fixed assets | 22/27 | €15,425 | €16,350 | +€924 | +6.0% |
| Land and buildings | 22 | €9,669 | €8,090 | -€1,579 | -16.3% |
| Plant, machinery and equipment | 23 | €1,477 | €724 | -€753 | -51.0% |
| Furniture and vehicles | 24 | €4,279 | €7,535 | +€3,256 | +76.1% |
| Financial fixed assets | 28 | €1,560 | €1,425 | -€135 | -8.7% |
| Current assets | 29/58 | €64,874 | €57,171 | -€7,702 | -11.9% |
| Stocks and contracts in progress | 3 | €15,156 | €6,141 | -€9,015 | -59.5% |
| Stocks | 30/36 | €15,156 | €6,141 | -€9,015 | -59.5% |
| Amounts receivable within one year | 40/41 | €43,133 | €36,300 | -€6,833 | -15.8% |
| Trade receivables | 40 | €33,217 | €34,313 | +€1,095 | +3.3% |
| Other amounts receivable | 41 | €9,916 | €1,988 | -€7,929 | -80.0% |
| Cash at bank and in hand | 54/58 | €3,987 | €12,736 | +€8,749 | +219.5% |
| Deferred charges and accrued income | 490/1 | €2,598 | €1,995 | -€603 | -23.2% |
| Total equity and liabilities | 10/49 | €82,281 | €75,214 | -€7,067 | -8.6% |
| Equity | 10/15 | €4,851 | €1,068 | -€3,783 | -78.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €19,076 | €19,076 | = | 0.0% |
| Distributable reserves | 133 | €19,076 | €19,076 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,825 | -€36,609 | -€3,783 | -11.5% |
| Amounts payable | 17/49 | €77,431 | €74,147 | -€3,284 | -4.2% |
| Amounts payable after more than one year | 17 | €6,080 | €1,122 | -€4,958 | -81.5% |
| Financial debts | 170/4 | €6,080 | €1,122 | -€4,958 | -81.5% |
| Amounts payable within one year | 42/48 | €71,351 | €73,025 | +€1,674 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €10,798 | €7,706 | -€3,093 | -28.6% |
| Trade debts | 44 | €33,268 | €40,018 | +€6,749 | +20.3% |
| Suppliers | 440/4 | €33,268 | €40,018 | +€6,749 | +20.3% |
| Taxes, remuneration and social security | 45 | €2,117 | €9,074 | +€6,957 | +328.6% |
| Taxes | 450/3 | - | €618 | +€618 | |
| Remuneration and social security | 454/9 | €2,117 | €8,456 | +€6,339 | +299.4% |
| Other amounts payable | 47/48 | €25,167 | €16,228 | -€8,940 | -35.5% |
| Non-recurring operating income | 76A | - | €6,125 | +€6,125 | |
| Remuneration, social security and pensions | 62 | €1,973 | - | -€1,973 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,608 | €6,446 | -€8,162 | -55.9% |
| Other operating charges | 640/8 | €652 | €654 | +€3 | +0.4% |
| Non-recurring operating charges | 66A | €248 | €784 | +€536 | +216.1% |
| Gross operating margin | 9900 | €17,671 | €1,233 | -€16,439 | -93.0% |
| Operating profit (loss) | 9901 | €190 | -€6,652 | -€6,842 | |
| Financial income | 75/76B | €498 | €5,384 | +€4,886 | +982.1% |
| Recurring financial income | 75 | €45 | €12 | -€33 | -74.0% |
| Non-recurring financial income | 76B | €452 | €5,372 | +€4,919 | +1087.2% |
| Financial charges | 65/66B | €2,950 | €2,383 | -€567 | -19.2% |
| Recurring financial charges | 65 | €2,950 | €2,383 | -€567 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,263 | -€3,651 | -€1,389 | -61.4% |
| Income taxes | 67/77 | €124 | €132 | +€8 | +6.3% |
| Profit (loss) for the period | 9904 | -€2,387 | -€3,783 | -€1,397 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,387 | -€3,783 | -€1,397 | -58.5% |
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 10 October 2026 via checked.be.