DUCHEMIN MGT: 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.
DUCHEMIN MGT
Largest movements
- Receivables within one year +€24,710
up €24,710 (+23.7%), from €104,130 to €128,840
- Reserves +€205,743
up €205,743 (+14.0%), from €1.5m to €1.7m
- Debts after one year -€107,204
down €107,204 (-100%), from €107,204 to €0
- Current portion of long-term debt -€77,521
down €77,521 (-91.5%), from €84,725 to €7,204
- Financial income +€63,295
up €63,295, from €0 to €63,295
- Gross operating margin -€53,200
down €53,200 (-19.1%), from €277,873 to €224,673
- Taxes -€5,403
down €5,403 (-6.6%), from €81,277 to €75,874
- Financial charges -€3,204
down €3,204 (-38.6%), from €8,310 to €5,106
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 | €1,686,313 | €1,718,056 | +€31,743 | +1.9% |
| Fixed assets | 21/28 | €1,521,029 | €1,521,029 | = | 0.0% |
| Financial fixed assets | 28 | €1,521,029 | €1,521,029 | = | 0.0% |
| Current assets | 29/58 | €165,284 | €197,027 | +€31,743 | +19.2% |
| Amounts receivable within one year | 40/41 | €104,130 | €128,840 | +€24,710 | +23.7% |
| Other amounts receivable | 41 | €104,130 | €128,840 | +€24,710 | +23.7% |
| Cash at bank and in hand | 54/58 | €59,062 | €65,871 | +€6,809 | +11.5% |
| Deferred charges and accrued income | 490/1 | €2,092 | €2,316 | +€224 | +10.7% |
| Total equity and liabilities | 10/49 | €1,686,313 | €1,718,056 | +€31,743 | +1.9% |
| Equity | 10/15 | €1,484,149 | €1,689,892 | +€205,743 | +13.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,471,749 | €1,677,492 | +€205,743 | +14.0% |
| Distributable reserves | 133 | €1,471,749 | €1,677,492 | +€205,743 | +14.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €202,164 | €28,164 | -€174,000 | -86.1% |
| Amounts payable after more than one year | 17 | €107,204 | €0 | -€107,204 | -100% |
| Financial debts | 170/4 | €107,204 | €0 | -€107,204 | -100% |
| Amounts payable within one year | 42/48 | €94,960 | €28,164 | -€66,796 | -70.3% |
| Current portion of amounts payable after more than one year | 42 | €84,725 | €7,204 | -€77,521 | -91.5% |
| Trade debts | 44 | €189 | €182 | -€7 | -3.7% |
| Suppliers | 440/4 | €189 | €182 | -€7 | -3.7% |
| Taxes, remuneration and social security | 45 | €6,017 | €16,770 | +€10,753 | +179% |
| Taxes | 450/3 | €6,017 | €16,770 | +€10,753 | +179% |
| Other amounts payable | 47/48 | €4,029 | €4,008 | -€21 | -0.5% |
| Other operating charges | 640/8 | €1,206 | €1,245 | +€40 | +3.3% |
| Gross operating margin | 9900 | €277,873 | €224,673 | -€53,200 | -19.1% |
| Operating profit (loss) | 9901 | €276,668 | €223,428 | -€53,240 | -19.2% |
| Financial income | 75/76B | €0 | €63,295 | +€63,295 | |
| Recurring financial income | 75 | €0 | €63,295 | +€63,295 | |
| Financial charges | 65/66B | €8,310 | €5,106 | -€3,204 | -38.6% |
| Recurring financial charges | 65 | €8,310 | €5,106 | -€3,204 | -38.6% |
| Profit (loss) for the period before taxes | 9903 | €268,358 | €281,617 | +€13,259 | +4.9% |
| Income taxes | 67/77 | €81,277 | €75,874 | -€5,403 | -6.6% |
| Profit (loss) for the period | 9904 | €187,081 | €205,743 | +€18,662 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €187,081 | €205,743 | +€18,662 | +10.0% |
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 27 October 2026 via checked.be.