DUCACHET: 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.
DUCACHET
Largest movements
- Tangible fixed assets -€13,570
down €13,570 (-10.6%), from €128,607 to €115,037
of which Land and buildings: -€8,399
- Receivables after one year +€9,000
new in 2025: €9,000
- Cash -€2,313
down €2,313 (-99.8%), from €2,318 to €5
mainly Receivables after one year (-€9,000) and Debts after one year (-€4,461)
- Profit (loss) carried forward +€4,776
up €4,776 (+68.1%), from -€7,008 to -€2,232
- Debts after one year -€4,461
down €4,461 (-36.9%), from €12,081 to €7,620
of which Financial debts: -€5,337
- Trade debts -€3,504
no longer reported in 2025 (was €3,504)
- Other debts -€2,265
down €2,265 (-10.2%), from €22,206 to €19,941
- Current portion of long-term debt -€2,069
down €2,069 (-27.9%), from €7,406 to €5,337
- Purchases and services -€13,678
down €13,678 (-32.0%), from €42,700 to €29,021
- Gross operating margin +€5,803
up €5,803 (+24.0%), from €24,199 to €30,001
- Taxes -€3,598
no longer reported in 2025 (was €3,598)
- Financial charges -€3,363
down €3,363 (-84.2%), from €3,995 to €632
of which Non-recurring financial charges: -€3,114
- Other operating charges +€571
up €571 (+10.0%), from €5,716 to €6,287
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 | €178,745 | €171,221 | -€7,523 | -4.2% |
| Fixed assets | 21/28 | €128,607 | €115,037 | -€13,570 | -10.6% |
| Tangible fixed assets | 22/27 | €128,607 | €115,037 | -€13,570 | -10.6% |
| Land and buildings | 22 | €113,115 | €104,716 | -€8,399 | -7.4% |
| Plant, machinery and equipment | 23 | €1,402 | €1,544 | +€142 | +10.1% |
| Furniture and vehicles | 24 | €14,090 | €8,778 | -€5,313 | -37.7% |
| Current assets | 29/58 | €50,137 | €56,184 | +€6,047 | +12.1% |
| Amounts receivable after more than one year | 29 | - | €9,000 | +€9,000 | |
| Trade receivables | 290 | - | €9,000 | +€9,000 | |
| Amounts receivable within one year | 40/41 | €44,814 | €44,847 | +€33 | +0.1% |
| Other amounts receivable | 41 | €44,814 | €44,847 | +€33 | +0.1% |
| Cash at bank and in hand | 54/58 | €2,318 | €5 | -€2,313 | -99.8% |
| Deferred charges and accrued income | 490/1 | €3,005 | €2,332 | -€674 | -22.4% |
| Total equity and liabilities | 10/49 | €178,745 | €171,221 | -€7,523 | -4.2% |
| Equity | 10/15 | €133,547 | €138,323 | +€4,776 | +3.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €121,963 | €121,963 | = | 0.0% |
| Distributable reserves | 133 | €121,963 | €121,963 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,008 | -€2,232 | +€4,776 | +68.1% |
| Amounts payable | 17/49 | €45,197 | €32,898 | -€12,299 | -27.2% |
| Amounts payable after more than one year | 17 | €12,081 | €7,620 | -€4,461 | -36.9% |
| Financial debts | 170/4 | €5,337 | - | -€5,337 | |
| Other amounts payable | 178/9 | €6,744 | €7,620 | +€876 | +13.0% |
| Amounts payable within one year | 42/48 | €33,116 | €25,278 | -€7,838 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €7,406 | €5,337 | -€2,069 | -27.9% |
| Trade debts | 44 | €3,504 | - | -€3,504 | |
| Suppliers | 440/4 | €3,504 | - | -€3,504 | |
| Other amounts payable | 47/48 | €22,206 | €19,941 | -€2,265 | -10.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €42,700 | €29,021 | -€13,678 | -32.0% |
| Remuneration, social security and pensions | 62 | €69 | €355 | +€286 | +413.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,828 | €17,951 | +€123 | +0.7% |
| Other operating charges | 640/8 | €5,716 | €6,287 | +€571 | +10.0% |
| Gross operating margin | 9900 | €24,199 | €30,001 | +€5,803 | +24.0% |
| Operating profit (loss) | 9901 | €585 | €5,408 | +€4,823 | +824.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,995 | €632 | -€3,363 | -84.2% |
| Recurring financial charges | 65 | €881 | €632 | -€249 | -28.2% |
| Non-recurring financial charges | 66B | €3,114 | - | -€3,114 | |
| Profit (loss) for the period before taxes | 9903 | -€3,410 | €4,776 | +€8,186 | |
| Income taxes | 67/77 | €3,598 | - | -€3,598 | |
| Profit (loss) for the period | 9904 | -€7,008 | €4,776 | +€11,784 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,008 | €4,776 | +€11,784 |
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 30 September 2026 via checked.be.