DUBY CONSTRUCTION: 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.
DUBY CONSTRUCTION
Largest movements
- Receivables within one year +€47,094
up €47,094 (+210%), from €22,423 to €69,516
of which Trade receivables: +€36,171
- Tangible fixed assets -€27,480
down €27,480 (-18.7%), from €147,336 to €119,856
of which Furniture and vehicles: -€20,151
- Cash -€15,066
down €15,066 (-26.9%), from €56,111 to €41,045
mainly Receivables within one year (-€47,094) and Net result for the year (-€26,730)
- Intangible fixed assets -€3,200
down €3,200 (-16.1%), from €19,910 to €16,710
- Profit (loss) carried forward -€26,730
down €26,730, from €187 to -€26,543
- Debts after one year +€23,864
up €23,864 (+23.8%), from €100,252 to €124,116
- Trade debts +€15,439
up €15,439 (+354%), from €4,358 to €19,798
- Current portion of long-term debt -€11,528
down €11,528 (-30.5%), from €37,780 to €26,251
- Gross operating margin -€17,513
down €17,513 (-31.0%), from €56,475 to €38,962
- Other operating charges +€12,913
up €12,913 (+1,496%), from €863 to €13,776
- Depreciation -€2,183
down €2,183 (-4.7%), from €46,823 to €44,641
- Taxes -€1,106
down €1,106 (-74.6%), from €1,482 to €377
- Financial charges -€596
down €596 (-8.0%), from €7,494 to €6,898
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 | €246,929 | €249,116 | +€2,187 | +0.9% |
| Fixed assets | 21/28 | €167,321 | €136,566 | -€30,755 | -18.4% |
| Intangible fixed assets | 21 | €19,910 | €16,710 | -€3,200 | -16.1% |
| Tangible fixed assets | 22/27 | €147,336 | €119,856 | -€27,480 | -18.7% |
| Land and buildings | 22 | €67,945 | €75,850 | +€7,905 | +11.6% |
| Plant, machinery and equipment | 23 | €27,978 | €12,743 | -€15,235 | -54.5% |
| Furniture and vehicles | 24 | €51,413 | €31,262 | -€20,151 | -39.2% |
| Financial fixed assets | 28 | €75 | - | -€75 | |
| Current assets | 29/58 | €79,608 | €112,550 | +€32,942 | +41.4% |
| Amounts receivable within one year | 40/41 | €22,423 | €69,516 | +€47,094 | +210% |
| Trade receivables | 40 | €10,972 | €47,144 | +€36,171 | +330% |
| Other amounts receivable | 41 | €11,450 | €22,372 | +€10,922 | +95.4% |
| Cash at bank and in hand | 54/58 | €56,111 | €41,045 | -€15,066 | -26.9% |
| Deferred charges and accrued income | 490/1 | €1,075 | €1,989 | +€914 | +85.1% |
| Total equity and liabilities | 10/49 | €246,929 | €249,116 | +€2,187 | +0.9% |
| Equity | 10/15 | €73,407 | €46,677 | -€26,730 | -36.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | - | -€5,000 | |
| Other | 1109/19 | €5,000 | - | -€5,000 | |
| Reserves | 13 | €68,220 | €68,220 | = | 0.0% |
| Distributable reserves | 133 | €68,220 | €68,220 | = | 0.0% |
| Profit (loss) carried forward | 14 | €187 | -€26,543 | -€26,730 | |
| Amounts payable | 17/49 | €173,522 | €202,439 | +€28,917 | +16.7% |
| Amounts payable after more than one year | 17 | €100,252 | €124,116 | +€23,864 | +23.8% |
| Financial debts | 170/4 | €100,252 | €124,116 | +€23,864 | +23.8% |
| Amounts payable within one year | 42/48 | €73,270 | €78,322 | +€5,052 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €37,780 | €26,251 | -€11,528 | -30.5% |
| Trade debts | 44 | €4,358 | €19,798 | +€15,439 | +354% |
| Suppliers | 440/4 | €4,358 | €19,798 | +€15,439 | +354% |
| Advances received on contracts in progress | 46 | €2,117 | €2,117 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,410 | €7,385 | +€1,975 | +36.5% |
| Taxes | 450/3 | €3,494 | €1,801 | -€1,692 | -48.4% |
| Remuneration and social security | 454/9 | €1,916 | €5,583 | +€3,667 | +191% |
| Other amounts payable | 47/48 | €23,605 | €22,772 | -€834 | -3.5% |
| Non-recurring operating income | 76A | - | €12,012 | +€12,012 | |
| Remuneration, social security and pensions | 62 | €46 | - | -€46 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,823 | €44,641 | -€2,183 | -4.7% |
| Other operating charges | 640/8 | €863 | €13,776 | +€12,913 | +1,496% |
| Gross operating margin | 9900 | €56,475 | €38,962 | -€17,513 | -31.0% |
| Operating profit (loss) | 9901 | €8,743 | -€19,455 | -€28,198 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -89.1% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -89.1% |
| Financial charges | 65/66B | €7,494 | €6,898 | -€596 | -8.0% |
| Recurring financial charges | 65 | €7,494 | €6,898 | -€596 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €1,250 | -€26,353 | -€27,603 | |
| Income taxes | 67/77 | €1,482 | €377 | -€1,106 | -74.6% |
| Profit (loss) for the period | 9904 | -€233 | -€26,730 | -€26,497 | -11,386% |
| Profit (loss) for the period to be appropriated | 9905 | -€233 | -€26,730 | -€26,497 | -11,386% |
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 14 October 2026 via checked.be.