DUCHATEAU-VILLIN: 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.
DUCHATEAU-VILLIN
Largest movements
- Tangible fixed assets +€4,172
up €4,172 (+107%), from €3,896 to €8,068
- Intangible fixed assets -€3,510
down €3,510 (-12.1%), from €29,128 to €25,618
- Receivables within one year +€1,665
up €1,665 (+557%), from €299 to €1,964
of which Trade receivables: +€1,737
- Cash -€1,035
down €1,035 (-29.1%), from €3,554 to €2,519
mainly Net result for the year (-€8,432) and Investment in fixed assets (net) (-€7,421)
- Profit (loss) carried forward -€8,432
down €8,432 (-1,443%), from -€584 to -€9,017
- Tax, wage and social debts +€6,907
up €6,907 (+153%), from €4,502 to €11,409
of which Remuneration and social security: +€8,400
- Trade debts +€1,727
up €1,727 (+1,333%), from €130 to €1,857
- Other debts +€596
up €596 (+1.7%), from €35,064 to €35,660
- Gross operating margin -€5,840
down €5,840 (-54.4%), from €10,740 to €4,900
- Staff costs +€2,803
new in 2025: €2,803
- Other operating charges +€1,652
up €1,652 (+113%), from €1,458 to €3,110
- Depreciation +€678
up €678 (+10.7%), from €6,324 to €7,002
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 | €42,111 | €42,909 | +€798 | +1.9% |
| Formation expenses | 20 | €781 | €538 | -€243 | -31.1% |
| Fixed assets | 21/28 | €33,144 | €33,806 | +€662 | +2.0% |
| Intangible fixed assets | 21 | €29,128 | €25,618 | -€3,510 | -12.1% |
| Tangible fixed assets | 22/27 | €3,896 | €8,068 | +€4,172 | +107% |
| Plant, machinery and equipment | 23 | €3,896 | €8,068 | +€4,172 | +107% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €8,186 | €8,565 | +€379 | +4.6% |
| Stocks and contracts in progress | 3 | €3,679 | €3,309 | -€370 | -10.1% |
| Stocks | 30/36 | €3,679 | €3,309 | -€370 | -10.1% |
| Amounts receivable within one year | 40/41 | €299 | €1,964 | +€1,665 | +557% |
| Trade receivables | 40 | - | €1,737 | +€1,737 | |
| Other amounts receivable | 41 | €299 | €227 | -€72 | -24.0% |
| Cash at bank and in hand | 54/58 | €3,554 | €2,519 | -€1,035 | -29.1% |
| Deferred charges and accrued income | 490/1 | €654 | €772 | +€119 | +18.2% |
| Total equity and liabilities | 10/49 | €42,111 | €42,909 | +€798 | +1.9% |
| Equity | 10/15 | €2,416 | -€6,017 | -€8,432 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€584 | -€9,017 | -€8,432 | -1,443% |
| Amounts payable | 17/49 | €39,695 | €48,926 | +€9,230 | +23.3% |
| Amounts payable within one year | 42/48 | €39,695 | €48,926 | +€9,230 | +23.3% |
| Trade debts | 44 | €130 | €1,857 | +€1,727 | +1,333% |
| Suppliers | 440/4 | €130 | €1,857 | +€1,727 | +1,333% |
| Taxes, remuneration and social security | 45 | €4,502 | €11,409 | +€6,907 | +153% |
| Taxes | 450/3 | €2,102 | €609 | -€1,493 | -71.0% |
| Remuneration and social security | 454/9 | €2,400 | €10,800 | +€8,400 | +350% |
| Other amounts payable | 47/48 | €35,064 | €35,660 | +€596 | +1.7% |
| Remuneration, social security and pensions | 62 | - | €2,803 | +€2,803 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,324 | €7,002 | +€678 | +10.7% |
| Other operating charges | 640/8 | €1,458 | €3,110 | +€1,652 | +113% |
| Gross operating margin | 9900 | €10,740 | €4,900 | -€5,840 | -54.4% |
| Operating profit (loss) | 9901 | €2,957 | -€8,015 | -€10,972 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -83.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -83.0% |
| Financial charges | 65/66B | €500 | €417 | -€83 | -16.5% |
| Recurring financial charges | 65 | €500 | €417 | -€83 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €2,458 | -€8,432 | -€10,891 | |
| Profit (loss) for the period | 9904 | €2,458 | -€8,432 | -€10,891 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,458 | -€8,432 | -€10,891 |
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 22 October 2026 via checked.be.