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
- Current investments -€150,000
down €150,000 (-60.0%), from €250,000 to €100,000
- Cash +€31,829
up €31,829 (+40.9%), from €77,805 to €109,635
mainly Current investments (+€150,000) and Depreciation (+€17,103)
- Receivables within one year +€27,340
up €27,340 (+10.5%), from €260,172 to €287,512
- Tangible fixed assets -€17,103
down €17,103 (-13.5%), from €126,891 to €109,787
of which Land and buildings: -€15,286
- Reserves -€44,235
down €44,235 (-8.6%), from €515,091 to €470,856
of which Distributable reserves: -€144,235
- Debts after one year -€34,093
down €34,093 (-26.8%), from €127,065 to €92,972
- Tax, wage and social debts -€32,152
down €32,152 (-100.0%), from €32,152 to €0
of which Taxes: -€32,152
- Gross operating margin -€500,988
down €500,988, from €477,291 to -€23,697
- Taxes -€113,538
down €113,538 (-100.0%), from €113,538 to €0
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 | €719,154 | €607,960 | -€111,194 | -15.5% |
| Fixed assets | 21/28 | €127,278 | €110,175 | -€17,103 | -13.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €126,891 | €109,787 | -€17,103 | -13.5% |
| Land and buildings | 22 | €123,767 | €108,482 | -€15,286 | -12.4% |
| Plant, machinery and equipment | 23 | €2,158 | €560 | -€1,599 | -74.1% |
| Furniture and vehicles | 24 | €965 | €746 | -€219 | -22.7% |
| Financial fixed assets | 28 | €387 | €387 | = | 0.0% |
| Current assets | 29/58 | €591,876 | €497,785 | -€94,090 | -15.9% |
| Amounts receivable within one year | 40/41 | €260,172 | €287,512 | +€27,340 | +10.5% |
| Other amounts receivable | 41 | €260,172 | €287,512 | +€27,340 | +10.5% |
| Current investments | 50/53 | €250,000 | €100,000 | -€150,000 | -60.0% |
| Cash at bank and in hand | 54/58 | €77,805 | €109,635 | +€31,829 | +40.9% |
| Deferred charges and accrued income | 490/1 | €3,898 | €639 | -€3,259 | -83.6% |
| Total equity and liabilities | 10/49 | €719,154 | €607,960 | -€111,194 | -15.5% |
| Equity | 10/15 | €525,313 | €480,107 | -€45,206 | -8.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €515,091 | €470,856 | -€44,235 | -8.6% |
| Non-distributable reserves | 130/1 | €1,860 | €101,860 | +€100,000 | +5376.3% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Own shares acquired | 1312 | - | €100,000 | +€100,000 | |
| Distributable reserves | 133 | €513,231 | €368,996 | -€144,235 | -28.1% |
| Investment grants | 15 | €4,022 | €3,051 | -€971 | -24.1% |
| Amounts payable | 17/49 | €193,840 | €127,853 | -€65,988 | -34.0% |
| Amounts payable after more than one year | 17 | €127,065 | €92,972 | -€34,093 | -26.8% |
| Financial debts | 170/4 | €127,065 | €92,972 | -€34,093 | -26.8% |
| Amounts payable within one year | 42/48 | €65,751 | €34,332 | -€31,418 | -47.8% |
| Current portion of amounts payable after more than one year | 42 | €33,063 | €34,093 | +€1,030 | +3.1% |
| Trade debts | 44 | €535 | €239 | -€296 | -55.3% |
| Suppliers | 440/4 | €535 | €239 | -€296 | -55.3% |
| Taxes, remuneration and social security | 45 | €32,152 | €0 | -€32,152 | -100.0% |
| Taxes | 450/3 | €32,152 | €0 | -€32,152 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,025 | €549 | -€476 | -46.5% |
| Non-recurring operating income | 76A | €449,800 | €0 | -€449,800 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €86 | +€86 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,016 | €17,103 | +€88 | +0.5% |
| Other operating charges | 640/8 | €2,298 | €537 | -€1,761 | -76.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €477,291 | -€23,697 | -€500,988 | |
| Operating profit (loss) | 9901 | €457,977 | -€41,423 | -€499,400 | |
| Financial income | 75/76B | €5,467 | €2,112 | -€3,356 | -61.4% |
| Recurring financial income | 75 | €5,467 | €2,112 | -€3,356 | -61.4% |
| Financial charges | 65/66B | €5,184 | €4,923 | -€261 | -5.0% |
| Recurring financial charges | 65 | €5,184 | €4,923 | -€261 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €458,260 | -€44,235 | -€502,495 | |
| Income taxes | 67/77 | €113,538 | €0 | -€113,538 | -100.0% |
| Profit (loss) for the period | 9904 | €344,722 | -€44,235 | -€388,957 | |
| Profit (loss) for the period to be appropriated | 9905 | €344,722 | -€44,235 | -€388,957 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.