Duckstad: 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.
Duckstad
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€17,345
down €17,345 (-8.2%), from -€211,631 to -€228,976
- Accrued charges and deferred income +€13,848
up €13,848 (+142.3%), from €9,731 to €23,579
- Gross operating margin -€2.8m
down €2.8m, from €2.8m to -€938
- Financial charges -€72,960
down €72,960 (-83.7%), from €87,165 to €14,205
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €500,377 | €500,467 | +€89 | 0.0% |
| Fixed assets | 21/28 | €500,327 | €500,327 | = | 0.0% |
| Tangible fixed assets | 22/27 | €500,327 | €500,327 | = | 0.0% |
| Land and buildings | 22 | €0 | - | = | |
| Other tangible fixed assets | 26 | €500,327 | €500,327 | = | 0.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €50 | €140 | +€89 | +177.4% |
| Cash at bank and in hand | 54/58 | €50 | €140 | +€89 | +177.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €500,377 | €500,467 | +€89 | 0.0% |
| Equity | 10/15 | -€209,631 | -€226,976 | -€17,345 | -8.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€211,631 | -€228,976 | -€17,345 | -8.2% |
| Amounts payable | 17/49 | €710,009 | €727,443 | +€17,434 | +2.5% |
| Amounts payable within one year | 42/48 | €700,278 | €703,863 | +€3,586 | +0.5% |
| Financial debts | 43 | €0 | €158 | +€158 | |
| Credit institutions | 430/8 | €0 | €158 | +€158 | |
| Trade debts | 44 | €8,656 | €8,656 | = | 0.0% |
| Suppliers | 440/4 | €8,656 | €8,656 | = | 0.0% |
| Other amounts payable | 47/48 | €691,622 | €695,050 | +€3,428 | +0.5% |
| Accrued charges and deferred income | 492/3 | €9,731 | €23,579 | +€13,848 | +142.3% |
| Non-recurring operating income | 76A | €2,822,677 | €0 | -€2.8m | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,848 | €2,202 | +€354 | +19.2% |
| Non-recurring operating charges | 66A | €2,800,000 | €0 | -€2.8m | -100.0% |
| Gross operating margin | 9900 | €2,821,097 | -€938 | -€2.8m | |
| Operating profit (loss) | 9901 | €19,250 | -€3,140 | -€22,389 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €87,165 | €14,205 | -€72,960 | -83.7% |
| Recurring financial charges | 65 | €87,165 | €14,205 | -€72,960 | -83.7% |
| Profit (loss) for the period before taxes | 9903 | -€67,915 | -€17,345 | +€50,570 | +74.5% |
| Profit (loss) for the period | 9904 | -€67,915 | -€17,345 | +€50,570 | +74.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€67,915 | -€17,345 | +€50,570 | +74.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.