DE DUINHOEK: 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.
DE DUINHOEK
Largest movements
- Tangible fixed assets -€13,480
down €13,480 (-4.2%), from €319,132 to €305,652
of which Land and buildings: -€10,175
- Cash +€9,170
up €9,170 (+32.6%), from €28,131 to €37,301
mainly Net result for the year (+€51,163) and Depreciation (+€15,890)
- Stocks and contracts +€8,933
up €8,933 (+15.5%), from €57,668 to €66,601
- Receivables within one year -€7,653
down €7,653 (-15.7%), from €48,653 to €41,000
of which Trade receivables: -€12,628
- Reserves +€41,163
up €41,163 (+32.0%), from €128,774 to €169,936
- Trade debts -€26,424
down €26,424 (-40.9%), from €64,654 to €38,230
- Debts after one year -€17,104
down €17,104 (-7.4%), from €230,489 to €213,385
- Other debts +€10,000
new in 2025: €10,000
- Tax, wage and social debts -€6,518
down €6,518 (-69.5%), from €9,375 to €2,857
- Gross operating margin +€31,130
up €31,130 (+58.7%), from €53,056 to €84,186
- Taxes +€4,490
up €4,490 (+83.2%), from €5,400 to €9,890
- Financial charges -€4,336
down €4,336 (-48.8%), from €8,881 to €4,544
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 | €476,825 | €478,552 | +€1,727 | +0.4% |
| Fixed assets | 21/28 | €319,132 | €305,652 | -€13,480 | -4.2% |
| Tangible fixed assets | 22/27 | €319,132 | €305,652 | -€13,480 | -4.2% |
| Land and buildings | 22 | €302,458 | €292,283 | -€10,175 | -3.4% |
| Plant, machinery and equipment | 23 | €3,380 | €3,220 | -€160 | -4.7% |
| Furniture and vehicles | 24 | €13,294 | €10,149 | -€3,145 | -23.7% |
| Current assets | 29/58 | €157,693 | €172,900 | +€15,207 | +9.6% |
| Stocks and contracts in progress | 3 | €57,668 | €66,601 | +€8,933 | +15.5% |
| Stocks | 30/36 | €57,668 | €66,601 | +€8,933 | +15.5% |
| Amounts receivable within one year | 40/41 | €48,653 | €41,000 | -€7,653 | -15.7% |
| Trade receivables | 40 | €24,243 | €11,615 | -€12,628 | -52.1% |
| Other amounts receivable | 41 | €24,410 | €29,385 | +€4,975 | +20.4% |
| Cash at bank and in hand | 54/58 | €28,131 | €37,301 | +€9,170 | +32.6% |
| Deferred charges and accrued income | 490/1 | €23,241 | €27,998 | +€4,757 | +20.5% |
| Total equity and liabilities | 10/49 | €476,825 | €478,552 | +€1,727 | +0.4% |
| Equity | 10/15 | €153,774 | €194,936 | +€41,163 | +26.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €128,774 | €169,936 | +€41,163 | +32.0% |
| Distributable reserves | 133 | €128,774 | €169,936 | +€41,163 | +32.0% |
| Amounts payable | 17/49 | €323,051 | €283,615 | -€39,436 | -12.2% |
| Amounts payable after more than one year | 17 | €230,489 | €213,385 | -€17,104 | -7.4% |
| Financial debts | 170/4 | €230,489 | €213,385 | -€17,104 | -7.4% |
| Amounts payable within one year | 42/48 | €92,562 | €70,231 | -€22,332 | -24.1% |
| Current portion of amounts payable after more than one year | 42 | €18,534 | €19,144 | +€611 | +3.3% |
| Trade debts | 44 | €64,654 | €38,230 | -€26,424 | -40.9% |
| Suppliers | 440/4 | €64,654 | €38,230 | -€26,424 | -40.9% |
| Taxes, remuneration and social security | 45 | €9,375 | €2,857 | -€6,518 | -69.5% |
| Taxes | 450/3 | €9,375 | €2,857 | -€6,518 | -69.5% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,646 | €15,890 | +€244 | +1.6% |
| Other operating charges | 640/8 | €3,282 | €2,704 | -€578 | -17.6% |
| Gross operating margin | 9900 | €53,056 | €84,186 | +€31,130 | +58.7% |
| Operating profit (loss) | 9901 | €34,127 | €65,592 | +€31,465 | +92.2% |
| Financial income | 75/76B | €0 | €5 | +€5 | +1,987% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +1,987% |
| Financial charges | 65/66B | €8,881 | €4,544 | -€4,336 | -48.8% |
| Recurring financial charges | 65 | €8,881 | €4,544 | -€4,336 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | €25,247 | €61,052 | +€35,806 | +142% |
| Income taxes | 67/77 | €5,400 | €9,890 | +€4,490 | +83.2% |
| Profit (loss) for the period | 9904 | €19,847 | €51,163 | +€31,315 | +158% |
| Profit (loss) for the period to be appropriated | 9905 | €19,847 | €51,163 | +€31,315 | +158% |
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.