DUCO: 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.
DUCO
Largest movements
- Tangible fixed assets +€4,300
up €4,300 (+136.9%), from €3,142 to €7,441
of which Plant, machinery and equipment: +€5,600
- Cash +€312
up €312 (+82.1%), from €380 to €692
mainly Debts after one year (+€8,619) and Depreciation (+€1,411)
- Debts after one year +€8,619
up €8,619 (+31.6%), from €27,243 to €35,862
- Profit (loss) carried forward -€4,599
down €4,599 (-9.7%), from -€47,419 to -€52,018
- Trade debts +€514
up €514 (+19.0%), from €2,698 to €3,212
- Gross operating margin -€3,843
down €3,843, from €1,975 to -€1,868
- Taxes -€790
down €790 (-91.0%), from €868 to €78
- Depreciation +€111
up €111 (+8.5%), from €1,300 to €1,411
- Financial charges +€63
up €63 (+38.7%), from €163 to €227
- Other operating charges +€25
up €25 (+2.5%), from €991 to €1,016
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 | €3,922 | €8,533 | +€4,611 | +117.6% |
| Fixed assets | 21/28 | €3,542 | €7,841 | +€4,300 | +121.4% |
| Tangible fixed assets | 22/27 | €3,142 | €7,441 | +€4,300 | +136.9% |
| Plant, machinery and equipment | 23 | - | €5,600 | +€5,600 | |
| Furniture and vehicles | 24 | €3,142 | €1,842 | -€1,300 | -41.4% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €380 | €692 | +€312 | +82.1% |
| Cash at bank and in hand | 54/58 | €380 | €692 | +€312 | +82.1% |
| Total equity and liabilities | 10/49 | €3,922 | €8,533 | +€4,611 | +117.6% |
| Equity | 10/15 | -€28,819 | -€33,418 | -€4,599 | -16.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,419 | -€52,018 | -€4,599 | -9.7% |
| Amounts payable | 17/49 | €32,741 | €41,951 | +€9,211 | +28.1% |
| Amounts payable after more than one year | 17 | €27,243 | €35,862 | +€8,619 | +31.6% |
| Other amounts payable | 178/9 | €27,243 | €35,862 | +€8,619 | +31.6% |
| Amounts payable within one year | 42/48 | €5,498 | €6,089 | +€591 | +10.8% |
| Trade debts | 44 | €2,698 | €3,212 | +€514 | +19.0% |
| Suppliers | 440/4 | €2,698 | €3,212 | +€514 | +19.0% |
| Taxes, remuneration and social security | 45 | €2,800 | €2,878 | +€78 | +2.8% |
| Taxes | 450/3 | €2,800 | €2,878 | +€78 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,300 | €1,411 | +€111 | +8.5% |
| Other operating charges | 640/8 | €991 | €1,016 | +€25 | +2.5% |
| Gross operating margin | 9900 | €1,975 | -€1,868 | -€3,843 | |
| Operating profit (loss) | 9901 | -€316 | -€4,295 | -€3,979 | -1257.4% |
| Financial charges | 65/66B | €163 | €227 | +€63 | +38.7% |
| Recurring financial charges | 65 | €163 | €227 | +€63 | +38.7% |
| Profit (loss) for the period before taxes | 9903 | -€480 | -€4,522 | -€4,042 | -842.6% |
| Income taxes | 67/77 | €868 | €78 | -€790 | -91.0% |
| Profit (loss) for the period | 9904 | -€1,348 | -€4,599 | -€3,252 | -241.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,348 | -€4,599 | -€3,252 | -241.3% |
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.