DUCKE PAINT: 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.
DUCKE PAINT
Largest movements
- Cash -€33,680
down €33,680 (-95.0%), from €35,437 to €1,758
mainly Deferred charges and accrued income (-€30,307) and Debts after one year (-€17,392)
- Deferred charges and accrued income +€30,307
up €30,307 (+4,024%), from €753 to €31,060
- Tangible fixed assets -€21,750
down €21,750 (-9.5%), from €229,063 to €207,313
of which Land and buildings: -€11,022
- Receivables within one year -€3,532
down €3,532 (-84.6%), from €4,177 to €645
of which Other amounts receivable: -€3,932
- Debts after one year -€17,392
down €17,392 (-70.1%), from €24,806 to €7,414
- Tax, wage and social debts -€11,921
down €11,921 (-90.7%), from €13,140 to €1,219
- Other debts +€10,906
up €10,906 (+20.9%), from €52,183 to €63,090
- Trade debts -€8,613
down €8,613 (-91.9%), from €9,368 to €755
- Gross operating margin -€64,492
down €64,492 (-80.0%), from €80,648 to €16,156
- Taxes -€26,360
no longer reported in 2025 (was €26,360)
- Financial charges -€16,015
down €16,015 (-97.3%), from €16,467 to €452
- Depreciation -€8,823
down €8,823 (-38.9%), from €22,695 to €13,871
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 | €274,480 | €245,826 | -€28,654 | -10.4% |
| Fixed assets | 21/28 | €234,113 | €212,363 | -€21,750 | -9.3% |
| Tangible fixed assets | 22/27 | €229,063 | €207,313 | -€21,750 | -9.5% |
| Land and buildings | 22 | €205,783 | €194,761 | -€11,022 | -5.4% |
| Plant, machinery and equipment | 23 | €2,422 | €3,780 | +€1,358 | +56.1% |
| Furniture and vehicles | 24 | €10,687 | - | -€10,687 | |
| Other tangible fixed assets | 26 | €10,172 | €8,773 | -€1,400 | -13.8% |
| Financial fixed assets | 28 | €5,050 | €5,050 | = | 0.0% |
| Current assets | 29/58 | €40,367 | €33,463 | -€6,904 | -17.1% |
| Amounts receivable within one year | 40/41 | €4,177 | €645 | -€3,532 | -84.6% |
| Trade receivables | 40 | - | €400 | +€400 | |
| Other amounts receivable | 41 | €4,177 | €245 | -€3,932 | -94.1% |
| Cash at bank and in hand | 54/58 | €35,437 | €1,758 | -€33,680 | -95.0% |
| Deferred charges and accrued income | 490/1 | €753 | €31,060 | +€30,307 | +4,024% |
| Total equity and liabilities | 10/49 | €274,480 | €245,826 | -€28,654 | -10.4% |
| Equity | 10/15 | €174,984 | €173,348 | -€1,635 | -0.9% |
| Contributions | 10/11 | €12,405 | €12,405 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €160,719 | €159,083 | -€1,635 | -1.0% |
| Amounts payable | 17/49 | €99,496 | €72,477 | -€27,019 | -27.2% |
| Amounts payable after more than one year | 17 | €24,806 | €7,414 | -€17,392 | -70.1% |
| Financial debts | 170/4 | €24,806 | €7,414 | -€17,392 | -70.1% |
| Amounts payable within one year | 42/48 | €74,691 | €65,063 | -€9,627 | -12.9% |
| Trade debts | 44 | €9,368 | €755 | -€8,613 | -91.9% |
| Suppliers | 440/4 | €9,368 | €755 | -€8,613 | -91.9% |
| Taxes, remuneration and social security | 45 | €13,140 | €1,219 | -€11,921 | -90.7% |
| Taxes | 450/3 | €13,140 | €1,219 | -€11,921 | -90.7% |
| Other amounts payable | 47/48 | €52,183 | €63,090 | +€10,906 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,695 | €13,871 | -€8,823 | -38.9% |
| Other operating charges | 640/8 | €4,080 | €3,549 | -€531 | -13.0% |
| Gross operating margin | 9900 | €80,648 | €16,156 | -€64,492 | -80.0% |
| Operating profit (loss) | 9901 | €53,873 | -€1,264 | -€55,137 | |
| Financial income | 75/76B | €411 | €81 | -€330 | -80.3% |
| Recurring financial income | 75 | €411 | €81 | -€330 | -80.3% |
| Financial charges | 65/66B | €16,467 | €452 | -€16,015 | -97.3% |
| Recurring financial charges | 65 | €16,467 | €452 | -€16,015 | -97.3% |
| Profit (loss) for the period before taxes | 9903 | €37,817 | -€1,635 | -€39,453 | |
| Income taxes | 67/77 | €26,360 | - | -€26,360 | |
| Profit (loss) for the period | 9904 | €11,457 | -€1,635 | -€13,093 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,457 | -€1,635 | -€13,093 |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.