DUCHICO: 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.
DUCHICO
Largest movements
- Cash +€303,378
up €303,378 (+299.2%), from €101,408 to €404,786
mainly Net result for the year (+€177,467) and Depreciation (+€83,439)
- Tangible fixed assets -€80,569
down €80,569 (-38.4%), from €209,969 to €129,400
of which Furniture and vehicles: -€47,878
- Receivables within one year -€57,087
down €57,087 (-77.2%), from €73,987 to €16,900
of which Other amounts receivable: -€40,497
- Stocks and contracts -€24,778
down €24,778 (-11.3%), from €218,634 to €193,856
- Reserves +€177,000
up €177,000 (+68.0%), from €260,412 to €437,412
of which Distributable reserves: +€177,000
- Trade debts -€66,219
down €66,219 (-45.1%), from €146,920 to €80,701
- Tax, wage and social debts +€52,285
up €52,285 (+311.6%), from €16,779 to €69,064
of which Taxes: +€46,362
- Debts after one year -€25,343
down €25,343 (-24.1%), from €105,080 to €79,737
- Gross operating margin +€166,099
up €166,099 (+67.5%), from €246,199 to €412,298
- Taxes +€53,041
up €53,041 (+206.4%), from €25,696 to €78,737
- Staff costs -€6,878
down €6,878 (-9.2%), from €75,103 to €68,225
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 | €608,126 | €746,566 | +€138,440 | +22.8% |
| Fixed assets | 21/28 | €210,006 | €129,437 | -€80,569 | -38.4% |
| Tangible fixed assets | 22/27 | €209,969 | €129,400 | -€80,569 | -38.4% |
| Plant, machinery and equipment | 23 | €66,951 | €34,260 | -€32,691 | -48.8% |
| Furniture and vehicles | 24 | €143,018 | €95,140 | -€47,878 | -33.5% |
| Financial fixed assets | 28 | €37 | €37 | +€0 | +0.5% |
| Current assets | 29/58 | €398,120 | €617,128 | +€219,008 | +55.0% |
| Stocks and contracts in progress | 3 | €218,634 | €193,856 | -€24,778 | -11.3% |
| Stocks | 30/36 | €218,634 | €193,856 | -€24,778 | -11.3% |
| Amounts receivable within one year | 40/41 | €73,987 | €16,900 | -€57,087 | -77.2% |
| Trade receivables | 40 | €21,514 | €4,924 | -€16,590 | -77.1% |
| Other amounts receivable | 41 | €52,473 | €11,976 | -€40,497 | -77.2% |
| Cash at bank and in hand | 54/58 | €101,408 | €404,786 | +€303,378 | +299.2% |
| Deferred charges and accrued income | 490/1 | €4,091 | €1,586 | -€2,505 | -61.2% |
| Total equity and liabilities | 10/49 | €608,126 | €746,566 | +€138,440 | +22.8% |
| Equity | 10/15 | €314,254 | €491,721 | +€177,467 | +56.5% |
| Contributions | 10/11 | €53,330 | €53,330 | -€0 | 0.0% |
| Reserves | 13 | €260,412 | €437,412 | +€177,000 | +68.0% |
| Non-distributable reserves | 130/1 | €27,500 | €34,944 | +€7,444 | +27.1% |
| Reserves not available under the articles | 1311 | €27,500 | €34,944 | +€7,444 | +27.1% |
| Tax-exempt reserves | 132 | €7,444 | €0 | -€7,444 | -100.0% |
| Distributable reserves | 133 | €225,469 | €402,469 | +€177,000 | +78.5% |
| Profit (loss) carried forward | 14 | €512 | €979 | +€467 | +91.2% |
| Amounts payable | 17/49 | €293,872 | €254,845 | -€39,027 | -13.3% |
| Amounts payable after more than one year | 17 | €105,080 | €79,737 | -€25,343 | -24.1% |
| Financial debts | 170/4 | €105,080 | €79,737 | -€25,343 | -24.1% |
| Amounts payable within one year | 42/48 | €188,792 | €175,107 | -€13,685 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €25,093 | €25,343 | +€250 | +1.0% |
| Trade debts | 44 | €146,920 | €80,701 | -€66,219 | -45.1% |
| Suppliers | 440/4 | €146,920 | €80,701 | -€66,219 | -45.1% |
| Taxes, remuneration and social security | 45 | €16,779 | €69,064 | +€52,285 | +311.6% |
| Taxes | 450/3 | €15,491 | €61,853 | +€46,362 | +299.3% |
| Remuneration and social security | 454/9 | €1,288 | €7,211 | +€5,923 | +459.9% |
| Remuneration, social security and pensions | 62 | €75,103 | €68,225 | -€6,878 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,332 | €83,439 | +€107 | +0.1% |
| Other operating charges | 640/8 | €5,170 | €3,380 | -€1,790 | -34.6% |
| Non-recurring operating charges | 66A | - | €3,303 | +€3,303 | |
| Gross operating margin | 9900 | €246,199 | €412,298 | +€166,099 | +67.5% |
| Operating profit (loss) | 9901 | €82,595 | €253,951 | +€171,356 | +207.5% |
| Financial income | 75/76B | €6,100 | €5,541 | -€559 | -9.2% |
| Recurring financial income | 75 | €6,100 | €5,541 | -€559 | -9.2% |
| Financial charges | 65/66B | €2,930 | €3,288 | +€358 | +12.2% |
| Recurring financial charges | 65 | €2,930 | €3,288 | +€358 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €85,765 | €256,204 | +€170,439 | +198.7% |
| Income taxes | 67/77 | €25,696 | €78,737 | +€53,041 | +206.4% |
| Profit (loss) for the period | 9904 | €60,069 | €177,467 | +€117,398 | +195.4% |
| Profit (loss) for the period to be appropriated | 9905 | €60,069 | €177,467 | +€117,398 | +195.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.