DUCHESNE PUBLICITE: what changed
DUCHESNE PUBLICITE
Largest movements
- Receivables within one year -€25,180
down €25,180 (-71.8%), from €35,087 to €9,907
of which Trade receivables: -€25,203
- Tangible fixed assets -€2,975
down €2,975 (-18.9%), from €15,705 to €12,730
of which Other tangible fixed assets: -€3,573
- Cash -€1,160
down €1,160 (-3.5%), from €33,334 to €32,174
mainly Trade debts (-€15,850) and Advances received (-€10,592)
- Trade debts -€15,850
down €15,850 (-80.5%), from €19,699 to €3,849
- Advances received -€10,592
no longer reported in 2025 (was €10,592)
- Profit (loss) carried forward -€4,867
down €4,867, from €221 to -€4,647
- Other debts +€4,135
up €4,135 (+54.2%), from €7,637 to €11,772
- Debts after one year -€2,516
down €2,516 (-41.6%), from €6,050 to €3,534
- Gross operating margin -€11,851
down €11,851 (-86.2%), from €13,751 to €1,900
- Depreciation +€1,223
up €1,223 (+38.9%), from €3,145 to €4,368
- Other operating charges +€445
up €445 (+75.7%), from €589 to €1,034
- Staff costs -€267
down €267 (-25.8%), from €1,035 to €768
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,290 | €54,985 | -€29,305 | -34.8% |
| Fixed assets | 21/28 | €15,730 | €12,755 | -€2,975 | -18.9% |
| Tangible fixed assets | 22/27 | €15,705 | €12,730 | -€2,975 | -18.9% |
| Land and buildings | 22 | €492 | - | -€492 | |
| Furniture and vehicles | 24 | - | €1,090 | +€1,090 | |
| Other tangible fixed assets | 26 | €15,214 | €11,640 | -€3,573 | -23.5% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €68,560 | €42,230 | -€26,330 | -38.4% |
| Amounts receivable within one year | 40/41 | €35,087 | €9,907 | -€25,180 | -71.8% |
| Trade receivables | 40 | €33,058 | €7,856 | -€25,203 | -76.2% |
| Other amounts receivable | 41 | €2,028 | €2,051 | +€22 | +1.1% |
| Cash at bank and in hand | 54/58 | €33,334 | €32,174 | -€1,160 | -3.5% |
| Deferred charges and accrued income | 490/1 | €139 | €149 | +€10 | +7.6% |
| Total equity and liabilities | 10/49 | €84,290 | €54,985 | -€29,305 | -34.8% |
| Equity | 10/15 | €34,283 | €29,416 | -€4,867 | -14.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €27,862 | €27,862 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,860 | €5,000 | -€1,860 | -27.1% |
| Reserves not available under the articles | 1311 | €6,860 | €5,000 | -€1,860 | -27.1% |
| Tax-exempt reserves | 132 | €11,602 | €11,602 | = | 0.0% |
| Distributable reserves | 133 | €9,400 | €11,260 | +€1,860 | +19.8% |
| Profit (loss) carried forward | 14 | €221 | -€4,647 | -€4,867 | |
| Amounts payable | 17/49 | €50,007 | €25,569 | -€24,438 | -48.9% |
| Amounts payable after more than one year | 17 | €6,050 | €3,534 | -€2,516 | -41.6% |
| Financial debts | 170/4 | €6,050 | €3,534 | -€2,516 | -41.6% |
| Amounts payable within one year | 42/48 | €43,957 | €22,035 | -€21,922 | -49.9% |
| Current portion of amounts payable after more than one year | 42 | €2,405 | €2,516 | +€110 | +4.6% |
| Trade debts | 44 | €19,699 | €3,849 | -€15,850 | -80.5% |
| Suppliers | 440/4 | €19,699 | €3,849 | -€15,850 | -80.5% |
| Advances received on contracts in progress | 46 | €10,592 | - | -€10,592 | |
| Taxes, remuneration and social security | 45 | €3,624 | €3,898 | +€275 | +7.6% |
| Taxes | 450/3 | €3,624 | €3,898 | +€275 | +7.6% |
| Other amounts payable | 47/48 | €7,637 | €11,772 | +€4,135 | +54.2% |
| Remuneration, social security and pensions | 62 | €1,035 | €768 | -€267 | -25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,145 | €4,368 | +€1,223 | +38.9% |
| Other operating charges | 640/8 | €589 | €1,034 | +€445 | +75.7% |
| Gross operating margin | 9900 | €13,751 | €1,900 | -€11,851 | -86.2% |
| Operating profit (loss) | 9901 | €8,983 | -€4,269 | -€13,253 | |
| Financial income | 75/76B | €65 | €54 | -€11 | -16.8% |
| Recurring financial income | 75 | €65 | €54 | -€11 | -16.8% |
| Financial charges | 65/66B | €622 | €526 | -€96 | -15.5% |
| Recurring financial charges | 65 | €622 | €526 | -€96 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €8,425 | -€4,742 | -€13,167 | |
| Income taxes | 67/77 | - | €126 | +€126 | |
| Profit (loss) for the period | 9904 | €8,425 | -€4,867 | -€13,293 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,425 | -€4,867 | -€13,293 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.