DUCIS4U: 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.
DUCIS4U
Largest movements
- Receivables within one year +€97,674
up €97,674 (+349%), from €27,979 to €125,653
of which Trade receivables: +€97,674
- Receivables after one year -€74,870
down €74,870 (-31.8%), from €235,732 to €160,862
- Current investments +€30,064
up €30,064 (+9.1%), from €331,081 to €361,145
- Tangible fixed assets +€12,143
up €12,143 (+1,601%), from €758 to €12,902
of which Furniture and vehicles: +€8,639
- Deferred charges and accrued income -€10,540
down €10,540 (-90.4%), from €11,654 to €1,114
- Other debts +€66,851
up €66,851 (+35.8%), from €186,766 to €253,617
- Tax, wage and social debts -€29,433
down €29,433 (-31.7%), from €92,901 to €63,468
- Trade debts +€25,397
up €25,397 (+614%), from €4,140 to €29,537
- Gross operating margin +€90,256
up €90,256 (+39.4%), from €228,813 to €319,069
- Taxes +€21,687
up €21,687 (+36.6%), from €59,191 to €80,878
- Financial income -€4,920
down €4,920 (-43.9%), from €11,214 to €6,293
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 | €655,049 | €717,865 | +€62,815 | +9.6% |
| Fixed assets | 21/28 | €758 | €12,902 | +€12,143 | +1,601% |
| Tangible fixed assets | 22/27 | €758 | €12,902 | +€12,143 | +1,601% |
| Plant, machinery and equipment | 23 | - | €3,504 | +€3,504 | |
| Furniture and vehicles | 24 | €758 | €9,398 | +€8,639 | +1,139% |
| Current assets | 29/58 | €654,291 | €704,963 | +€50,672 | +7.7% |
| Amounts receivable after more than one year | 29 | €235,732 | €160,862 | -€74,870 | -31.8% |
| Other amounts receivable | 291 | €235,732 | €160,862 | -€74,870 | -31.8% |
| Stocks and contracts in progress | 3 | €5,121 | €5,522 | +€401 | +7.8% |
| Stocks | 30/36 | €5,121 | €5,522 | +€401 | +7.8% |
| Amounts receivable within one year | 40/41 | €27,979 | €125,653 | +€97,674 | +349% |
| Trade receivables | 40 | €27,963 | €125,637 | +€97,674 | +349% |
| Other amounts receivable | 41 | €16 | €16 | = | 0.0% |
| Current investments | 50/53 | €331,081 | €361,145 | +€30,064 | +9.1% |
| Cash at bank and in hand | 54/58 | €42,725 | €50,667 | +€7,942 | +18.6% |
| Deferred charges and accrued income | 490/1 | €11,654 | €1,114 | -€10,540 | -90.4% |
| Total equity and liabilities | 10/49 | €655,049 | €717,865 | +€62,815 | +9.6% |
| Equity | 10/15 | €371,243 | €371,243 | = | 0.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €365,243 | €365,243 | = | 0.0% |
| Distributable reserves | 133 | €365,243 | €365,243 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €283,807 | €346,622 | +€62,815 | +22.1% |
| Amounts payable within one year | 42/48 | €283,807 | €346,622 | +€62,815 | +22.1% |
| Trade debts | 44 | €4,140 | €29,537 | +€25,397 | +614% |
| Suppliers | 440/4 | €4,140 | €29,537 | +€25,397 | +614% |
| Taxes, remuneration and social security | 45 | €92,901 | €63,468 | -€29,433 | -31.7% |
| Taxes | 450/3 | €92,901 | €63,468 | -€29,433 | -31.7% |
| Other amounts payable | 47/48 | €186,766 | €253,617 | +€66,851 | +35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €402 | €1,590 | +€1,187 | +295% |
| Other operating charges | 640/8 | €1,410 | €1,370 | -€41 | -2.9% |
| Gross operating margin | 9900 | €228,813 | €319,069 | +€90,256 | +39.4% |
| Operating profit (loss) | 9901 | €227,000 | €316,110 | +€89,110 | +39.3% |
| Financial income | 75/76B | €11,214 | €6,293 | -€4,920 | -43.9% |
| Recurring financial income | 75 | €11,214 | €6,293 | -€4,920 | -43.9% |
| Financial charges | 65/66B | €158 | €90 | -€68 | -43.3% |
| Recurring financial charges | 65 | €158 | €90 | -€68 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | €238,056 | €322,314 | +€84,258 | +35.4% |
| Income taxes | 67/77 | €59,191 | €80,878 | +€21,687 | +36.6% |
| Profit (loss) for the period | 9904 | €178,865 | €241,435 | +€62,570 | +35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €178,865 | €241,435 | +€62,570 | +35.0% |
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 13 October 2026 via checked.be.