Du Midi: what changed
Two fiscal 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.
Du Midi
Largest movements
- Stocks and contracts +€1.2m
up €1.2m (+18.0%), from €6.5m to €7.7m
- Tangible fixed assets +€1.1m
up €1.1m (+298422.4%), from €362 to €1.1m
of which Land and buildings: +€1.1m
- Deferred charges and accrued income -€896,008
down €896,008 (-99.9%), from €896,582 to €574
- Receivables within one year -€259,839
down €259,839 (-15.1%), from €1.7m to €1.5m
of which Other amounts receivable: -€170,130
- Other debts +€1.4m
up €1.4m (+121.6%), from €1.2m to €2.6m
- Reserves -€1.2m
down €1.2m (-71.2%), from €1.7m to €496,098
- Current portion of long-term debt +€980,165
up €980,165 (+16.0%), from €6.1m to €7.1m
- Financial charges -€180,624
down €180,624 (-57.6%), from €313,473 to €132,849
- Gross operating margin +€150,174
up €150,174 (+21.4%), from €701,258 to €851,432
- Taxes +€70,097
up €70,097 (+72.4%), from €96,829 to €166,926
- Other operating charges +€45,145
up €45,145 (+1566.1%), from €2,883 to €48,027
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 | €9,192,286 | €10,272,008 | +€1.1m | +11.7% |
| Fixed assets | 21/28 | €362 | €1,080,024 | +€1.1m | +298422.4% |
| Tangible fixed assets | 22/27 | €362 | €1,080,024 | +€1.1m | +298422.4% |
| Land and buildings | 22 | - | €1,080,024 | +€1.1m | |
| Furniture and vehicles | 24 | €362 | - | -€362 | |
| Current assets | 29/58 | €9,191,924 | €9,191,984 | +€59 | 0.0% |
| Stocks and contracts in progress | 3 | €6,499,653 | €7,669,550 | +€1.2m | +18.0% |
| Stocks | 30/36 | €6,499,653 | €7,669,550 | +€1.2m | +18.0% |
| Amounts receivable within one year | 40/41 | €1,722,633 | €1,462,794 | -€259,839 | -15.1% |
| Trade receivables | 40 | €200,000 | €110,291 | -€89,709 | -44.9% |
| Other amounts receivable | 41 | €1,522,633 | €1,352,503 | -€170,130 | -11.2% |
| Cash at bank and in hand | 54/58 | €73,056 | €59,066 | -€13,991 | -19.2% |
| Deferred charges and accrued income | 490/1 | €896,582 | €574 | -€896,008 | -99.9% |
| Total equity and liabilities | 10/49 | €9,192,286 | €10,272,008 | +€1.1m | +11.7% |
| Equity | 10/15 | €1,722,578 | €496,098 | -€1.2m | -71.2% |
| Reserves | 13 | €1,722,578 | €496,098 | -€1.2m | -71.2% |
| Distributable reserves | 133 | €1,722,578 | €496,098 | -€1.2m | -71.2% |
| Amounts payable | 17/49 | €7,469,708 | €9,775,909 | +€2.3m | +30.9% |
| Amounts payable after more than one year | 17 | €18,337 | €2,635 | -€15,702 | -85.6% |
| Financial debts | 170/4 | €18,337 | €2,635 | -€15,702 | -85.6% |
| Amounts payable within one year | 42/48 | €7,451,371 | €9,773,275 | +€2.3m | +31.2% |
| Current portion of amounts payable after more than one year | 42 | €6,123,838 | €7,104,002 | +€980,165 | +16.0% |
| Trade debts | 44 | €139,989 | €38,120 | -€101,869 | -72.8% |
| Suppliers | 440/4 | €139,989 | €38,120 | -€101,869 | -72.8% |
| Other amounts payable | 47/48 | €1,187,545 | €2,631,152 | +€1.4m | +121.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,546 | €7,776 | +€5,229 | +205.4% |
| Other operating charges | 640/8 | €2,883 | €48,027 | +€45,145 | +1566.1% |
| Non-recurring operating charges | 66A | - | €362 | +€362 | |
| Gross operating margin | 9900 | €701,258 | €851,432 | +€150,174 | +21.4% |
| Operating profit (loss) | 9901 | €695,829 | €795,268 | +€99,439 | +14.3% |
| Financial income | 75/76B | €1,331 | €28 | -€1,303 | -97.9% |
| Recurring financial income | 75 | €1,331 | €28 | -€1,303 | -97.9% |
| Financial charges | 65/66B | €313,473 | €132,849 | -€180,624 | -57.6% |
| Recurring financial charges | 65 | €313,473 | €132,849 | -€180,624 | -57.6% |
| Profit (loss) for the period before taxes | 9903 | €383,687 | €662,447 | +€278,759 | +72.7% |
| Income taxes | 67/77 | €96,829 | €166,926 | +€70,097 | +72.4% |
| Profit (loss) for the period | 9904 | €286,858 | €495,521 | +€208,663 | +72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €286,858 | €495,521 | +€208,663 | +72.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.