DUCHATEAU: 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.
DUCHATEAU
Largest movements
- Receivables within one year -€12,980
down €12,980 (-93.2%), from €13,928 to €947
of which Trade receivables: -€13,062
- Cash -€3,924
down €3,924 (-27.4%), from €14,298 to €10,374
mainly Trade debts (-€9,182) and Net result for the year (-€8,729)
- Stocks and contracts -€3,663
down €3,663 (-20.0%), from €18,317 to €14,654
- Tangible fixed assets -€581
down €581 (-25.0%), from €2,325 to €1,744
- Trade debts -€9,182
down €9,182 (-75.7%), from €12,126 to €2,944
- Profit (loss) carried forward -€8,729
down €8,729 (-4.2%), from -€208,656 to -€217,384
- Tax, wage and social debts -€1,646
no longer reported in 2023 (was €1,646)
- Other debts -€1,592
down €1,592 (-0.7%), from €223,407 to €221,815
- Gross operating margin -€5,780
down €5,780, from €186 to -€5,594
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,974 | €27,826 | -€21,149 | -43.2% |
| Fixed assets | 21/28 | €2,431 | €1,850 | -€581 | -23.9% |
| Tangible fixed assets | 22/27 | €2,325 | €1,744 | -€581 | -25.0% |
| Land and buildings | 22 | €2,325 | €1,744 | -€581 | -25.0% |
| Financial fixed assets | 28 | €106 | €106 | = | 0.0% |
| Current assets | 29/58 | €46,543 | €25,975 | -€20,567 | -44.2% |
| Stocks and contracts in progress | 3 | €18,317 | €14,654 | -€3,663 | -20.0% |
| Stocks | 30/36 | €18,317 | €14,654 | -€3,663 | -20.0% |
| Amounts receivable within one year | 40/41 | €13,928 | €947 | -€12,980 | -93.2% |
| Trade receivables | 40 | €13,429 | €367 | -€13,062 | -97.3% |
| Other amounts receivable | 41 | €499 | €580 | +€82 | +16.4% |
| Cash at bank and in hand | 54/58 | €14,298 | €10,374 | -€3,924 | -27.4% |
| Total equity and liabilities | 10/49 | €48,974 | €27,826 | -€21,149 | -43.2% |
| Equity | 10/15 | -€188,204 | -€196,933 | -€8,729 | -4.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€208,656 | -€217,384 | -€8,729 | -4.2% |
| Amounts payable | 17/49 | €237,178 | €224,759 | -€12,420 | -5.2% |
| Amounts payable within one year | 42/48 | €237,178 | €224,759 | -€12,420 | -5.2% |
| Trade debts | 44 | €12,126 | €2,944 | -€9,182 | -75.7% |
| Suppliers | 440/4 | €12,126 | €2,944 | -€9,182 | -75.7% |
| Taxes, remuneration and social security | 45 | €1,646 | - | -€1,646 | |
| Taxes | 450/3 | €1,646 | - | -€1,646 | |
| Other amounts payable | 47/48 | €223,407 | €221,815 | -€1,592 | -0.7% |
| Non-recurring operating income | 76A | €2,748 | €2,739 | -€9 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €581 | €581 | = | 0.0% |
| Non-recurring operating charges | 66A | - | €2,518 | +€2,518 | |
| Gross operating margin | 9900 | €186 | -€5,594 | -€5,780 | |
| Operating profit (loss) | 9901 | -€395 | -€8,693 | -€8,297 | -2098.0% |
| Financial charges | 65/66B | - | €36 | +€36 | |
| Recurring financial charges | 65 | - | €36 | +€36 | |
| Profit (loss) for the period before taxes | 9903 | -€395 | -€8,729 | -€8,333 | -2107.1% |
| Profit (loss) for the period | 9904 | -€395 | -€8,729 | -€8,333 | -2107.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€395 | -€8,729 | -€8,333 | -2107.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.