DucHa-Invest: 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.
DucHa-Invest
Largest movements
- Receivables within one year +€28,947
new in 2024: €28,947
of which Trade receivables: +€25,207
- Receivables after one year -€27,675
no longer reported in 2024 (was €27,675)
of which Trade receivables: -€24,348
- Other debts +€84,073
up €84,073 (+6.9%), from €1.2m to €1.3m
- Profit (loss) carried forward -€70,699
down €70,699, from €14,641 to -€56,058
- Debts after one year -€41,929
down €41,929 (-5.7%), from €730,789 to €688,860
- Accrued charges and deferred income +€23,780
new in 2024: €23,780
- Trade debts +€21,133
up €21,133 (+4,227%), from €500 to €21,633
- Gross operating margin -€43,165
down €43,165 (-53.5%), from €80,703 to €37,538
- Depreciation +€27,561
up €27,561 (+73.9%), from €37,275 to €64,837
- Financial charges +€12,105
up €12,105 (+59.8%), from €20,240 to €32,345
of which Financial charges: +€12,100
- Other operating charges +€5,681
up €5,681 (+106%), from €5,374 to €11,055
- Taxes -€4,880
no longer reported in 2024 (was €4,880)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,011,579 | €2,029,686 | +€18,107 | +0.9% |
| Fixed assets | 21/28 | €1,974,343 | €1,993,149 | +€18,806 | +1.0% |
| Tangible fixed assets | 22/27 | €1,974,343 | €1,993,149 | +€18,806 | +1.0% |
| Land and buildings | 22 | €1,974,343 | €1,993,149 | +€18,806 | +1.0% |
| Current assets | 29/58 | €37,236 | €36,536 | -€699 | -1.9% |
| Amounts receivable after more than one year | 29 | €27,675 | - | -€27,675 | |
| Trade receivables | 290 | €24,348 | - | -€24,348 | |
| Other amounts receivable | 291 | €3,327 | - | -€3,327 | |
| Amounts receivable within one year | 40/41 | - | €28,947 | +€28,947 | |
| Trade receivables | 40 | - | €25,207 | +€25,207 | |
| Other amounts receivable | 41 | - | €3,741 | +€3,741 | |
| Cash at bank and in hand | 54/58 | €9,561 | €7,589 | -€1,972 | -20.6% |
| Total equity and liabilities | 10/49 | €2,011,579 | €2,029,686 | +€18,107 | +0.9% |
| Equity | 10/15 | €19,641 | -€51,058 | -€70,699 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,641 | -€56,058 | -€70,699 | |
| Amounts payable | 17/49 | €1,991,937 | €2,080,744 | +€88,806 | +4.5% |
| Amounts payable after more than one year | 17 | €730,789 | €688,860 | -€41,929 | -5.7% |
| Financial debts | 170/4 | €730,789 | €688,860 | -€41,929 | -5.7% |
| Amounts payable within one year | 42/48 | €1,261,148 | €1,368,104 | +€106,955 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €40,180 | €41,929 | +€1,749 | +4.4% |
| Trade debts | 44 | €500 | €21,633 | +€21,133 | +4,227% |
| Suppliers | 440/4 | €500 | €21,633 | +€21,133 | +4,227% |
| Taxes, remuneration and social security | 45 | €4,880 | €4,880 | = | 0.0% |
| Taxes | 450/3 | €4,880 | €4,880 | = | 0.0% |
| Other amounts payable | 47/48 | €1,215,588 | €1,299,661 | +€84,073 | +6.9% |
| Accrued charges and deferred income | 492/3 | - | €23,780 | +€23,780 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,275 | €64,837 | +€27,561 | +73.9% |
| Other operating charges | 640/8 | €5,374 | €11,055 | +€5,681 | +106% |
| Gross operating margin | 9900 | €80,703 | €37,538 | -€43,165 | -53.5% |
| Operating profit (loss) | 9901 | €38,054 | -€38,354 | -€76,408 | |
| Financial income | 75/76B | €1,708 | - | -€1,708 | |
| Recurring financial income | 75 | €1,708 | - | -€1,708 | |
| Non-recurring financial income | 76B | €1,708 | - | -€1,708 | |
| Financial charges | 65/66B | €20,240 | €32,345 | +€12,105 | +59.8% |
| Recurring financial charges | 65 | €20,240 | €32,340 | +€12,100 | +59.8% |
| Non-recurring financial charges | 66B | - | €5 | +€5 | |
| Profit (loss) for the period before taxes | 9903 | €19,522 | -€70,699 | -€90,221 | |
| Income taxes | 67/77 | €4,880 | - | -€4,880 | |
| Profit (loss) for the period | 9904 | €14,641 | -€70,699 | -€85,341 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,641 | -€70,699 | -€85,341 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.