DUCLÉ: 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.
DUCLÉ
Largest movements
- Tangible fixed assets -€22,815
down €22,815 (-24.2%), from €94,260 to €71,445
of which Furniture and vehicles: -€21,829
- Receivables within one year -€21,801
down €21,801 (-22.0%), from €98,962 to €77,161
of which Other amounts receivable: -€21,913
- Cash -€5,291
down €5,291 (-42.1%), from €12,571 to €7,281
mainly Tax, wage and social debts (-€25,008) and Debts after one year (-€24,688)
- Tax, wage and social debts -€25,008
down €25,008 (-81.8%), from €30,558 to €5,550
of which Taxes: -€21,208
- Debts after one year -€24,688
down €24,688 (-32.5%), from €75,988 to €51,300
- Gross operating margin -€26,773
down €26,773 (-48.3%), from €55,450 to €28,677
- Taxes -€4,367
down €4,367 (-62.2%), from €7,017 to €2,650
- Depreciation -€2,521
down €2,521 (-10.0%), from €25,337 to €22,815
- Other operating charges +€2,077
up €2,077 (+251%), from €829 to €2,906
- Staff costs +€704
new in 2025: €704
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 | €206,254 | €156,994 | -€49,260 | -23.9% |
| Fixed assets | 21/28 | €94,260 | €71,445 | -€22,815 | -24.2% |
| Tangible fixed assets | 22/27 | €94,260 | €71,445 | -€22,815 | -24.2% |
| Plant, machinery and equipment | 23 | €4,405 | €3,418 | -€987 | -22.4% |
| Furniture and vehicles | 24 | €89,856 | €68,027 | -€21,829 | -24.3% |
| Current assets | 29/58 | €111,994 | €85,549 | -€26,444 | -23.6% |
| Amounts receivable within one year | 40/41 | €98,962 | €77,161 | -€21,801 | -22.0% |
| Trade receivables | 40 | - | €112 | +€112 | |
| Other amounts receivable | 41 | €98,962 | €77,049 | -€21,913 | -22.1% |
| Cash at bank and in hand | 54/58 | €12,571 | €7,281 | -€5,291 | -42.1% |
| Deferred charges and accrued income | 490/1 | €461 | €1,108 | +€647 | +140% |
| Total equity and liabilities | 10/49 | €206,254 | €156,994 | -€49,260 | -23.9% |
| Equity | 10/15 | €71,307 | €71,664 | +€357 | +0.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,307 | €69,664 | +€357 | +0.5% |
| Amounts payable | 17/49 | €134,947 | €85,330 | -€49,617 | -36.8% |
| Amounts payable after more than one year | 17 | €75,988 | €51,300 | -€24,688 | -32.5% |
| Financial debts | 170/4 | €75,988 | €51,300 | -€24,688 | -32.5% |
| Amounts payable within one year | 42/48 | €58,959 | €34,030 | -€24,929 | -42.3% |
| Current portion of amounts payable after more than one year | 42 | €24,453 | €23,882 | -€571 | -2.3% |
| Trade debts | 44 | €3,948 | €4,598 | +€650 | +16.5% |
| Suppliers | 440/4 | €3,948 | €4,598 | +€650 | +16.5% |
| Taxes, remuneration and social security | 45 | €30,558 | €5,550 | -€25,008 | -81.8% |
| Taxes | 450/3 | €26,758 | €5,550 | -€21,208 | -79.3% |
| Remuneration and social security | 454/9 | €3,800 | - | -€3,800 | |
| Remuneration, social security and pensions | 62 | - | €704 | +€704 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,337 | €22,815 | -€2,521 | -10.0% |
| Other operating charges | 640/8 | €829 | €2,906 | +€2,077 | +251% |
| Non-recurring operating charges | 66A | €7,997 | - | -€7,997 | |
| Gross operating margin | 9900 | €55,450 | €28,677 | -€26,773 | -48.3% |
| Operating profit (loss) | 9901 | €21,287 | €2,251 | -€19,036 | -89.4% |
| Financial income | 75/76B | €4,656 | €5,345 | +€689 | +14.8% |
| Recurring financial income | 75 | €4,656 | €5,345 | +€689 | +14.8% |
| Financial charges | 65/66B | €4,031 | €4,589 | +€558 | +13.8% |
| Recurring financial charges | 65 | €4,031 | €4,589 | +€558 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €21,912 | €3,007 | -€18,905 | -86.3% |
| Income taxes | 67/77 | €7,017 | €2,650 | -€4,367 | -62.2% |
| Profit (loss) for the period | 9904 | €14,895 | €357 | -€14,538 | -97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,895 | €357 | -€14,538 | -97.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.