Balâtre DuCro: 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.
Balâtre DuCro
Largest movements
- Stocks and contracts +€1.3m
up €1.3m (+303.9%), from €420,977 to €1.7m
- Cash +€103,336
up €103,336 (+216.6%), from €47,712 to €151,048
mainly Debts after one year (+€1.1m) and Trade debts (+€281,732)
- Debts after one year +€1.1m
up €1.1m (+309.0%), from €364,742 to €1.5m
of which Financial debts: +€1.0m
- Trade debts +€281,732
up €281,732 (+406.5%), from €69,308 to €351,040
- Gross operating margin -€6,514
down €6,514, from €1,525 to -€4,989
- Financial charges +€4,517
up €4,517 (+4033.0%), from €112 to €4,629
- Other operating charges +€1,483
up €1,483 (+382.8%), from €387 to €1,870
- Depreciation +€350
up €350 (+81.4%), from €430 to €780
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 | €484,036 | €1,880,487 | +€1.4m | +288.5% |
| Fixed assets | 21/28 | €3,948 | €3,953 | +€5 | +0.1% |
| Tangible fixed assets | 22/27 | €3,448 | €3,453 | +€5 | +0.1% |
| Furniture and vehicles | 24 | €3,448 | €3,453 | +€5 | +0.1% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €480,089 | €1,876,534 | +€1.4m | +290.9% |
| Stocks and contracts in progress | 3 | €420,977 | €1,700,227 | +€1.3m | +303.9% |
| Stocks | 30/36 | €420,977 | €1,700,227 | +€1.3m | +303.9% |
| Amounts receivable within one year | 40/41 | €10,178 | €19,427 | +€9,249 | +90.9% |
| Other amounts receivable | 41 | €10,178 | €19,427 | +€9,249 | +90.9% |
| Cash at bank and in hand | 54/58 | €47,712 | €151,048 | +€103,336 | +216.6% |
| Deferred charges and accrued income | 490/1 | €1,222 | €5,832 | +€4,609 | +377.2% |
| Total equity and liabilities | 10/49 | €484,036 | €1,880,487 | +€1.4m | +288.5% |
| Equity | 10/15 | €49,987 | €37,720 | -€12,267 | -24.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13 | -€12,280 | -€12,267 | -93858.3% |
| Amounts payable | 17/49 | €434,049 | €1,842,767 | +€1.4m | +324.6% |
| Amounts payable after more than one year | 17 | €364,742 | €1,491,727 | +€1.1m | +309.0% |
| Financial debts | 170/4 | - | €1,048,404 | +€1.0m | |
| Other amounts payable | 178/9 | €364,742 | €443,323 | +€78,581 | +21.5% |
| Amounts payable within one year | 42/48 | €69,308 | €351,040 | +€281,732 | +406.5% |
| Trade debts | 44 | €69,308 | €351,040 | +€281,732 | +406.5% |
| Suppliers | 440/4 | €69,308 | €351,040 | +€281,732 | +406.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €430 | €780 | +€350 | +81.4% |
| Other operating charges | 640/8 | €387 | €1,870 | +€1,483 | +382.8% |
| Gross operating margin | 9900 | €1,525 | -€4,989 | -€6,514 | |
| Operating profit (loss) | 9901 | €708 | -€7,639 | -€8,346 | |
| Financial charges | 65/66B | €112 | €4,629 | +€4,517 | +4033.0% |
| Recurring financial charges | 65 | €112 | €4,629 | +€4,517 | +4033.0% |
| Profit (loss) for the period before taxes | 9903 | €596 | -€12,267 | -€12,863 | |
| Profit (loss) for the period | 9904 | €596 | -€12,267 | -€12,863 | |
| Profit (loss) for the period to be appropriated | 9905 | €596 | -€12,267 | -€12,863 |
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 9 October 2026 via checked.be.