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
- Receivables within one year +€15,730
up €15,730 (+121.0%), from €13,000 to €28,730
- Cash -€14,140
down €14,140 (-6.4%), from €221,549 to €207,409
mainly Contributions, distributions and other (-€100,000) and Receivables within one year (-€15,730)
- Other debts -€3,359
down €3,359 (-3.2%), from €106,102 to €102,743
- Profit (loss) carried forward +€3,239
up €3,239 (+211.0%), from €1,535 to €4,773
No income-statement line moved by more than 1% of the activity.
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.
Cash bridge derived
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 | €234,616 | €236,139 | +€1,523 | +0.6% |
| Current assets | 29/58 | €234,616 | €236,139 | +€1,523 | +0.6% |
| Amounts receivable within one year | 40/41 | €13,000 | €28,730 | +€15,730 | +121.0% |
| Trade receivables | 40 | €13,000 | €28,730 | +€15,730 | +121.0% |
| Cash at bank and in hand | 54/58 | €221,549 | €207,409 | -€14,140 | -6.4% |
| Deferred charges and accrued income | 490/1 | €67 | - | -€67 | |
| Total equity and liabilities | 10/49 | €234,616 | €236,139 | +€1,523 | +0.6% |
| Equity | 10/15 | €106,398 | €109,636 | +€3,239 | +3.0% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €82,863 | €82,863 | = | 0.0% |
| Distributable reserves | 133 | €82,863 | €82,863 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,535 | €4,773 | +€3,239 | +211.0% |
| Amounts payable | 17/49 | €128,219 | €126,503 | -€1,715 | -1.3% |
| Amounts payable within one year | 42/48 | €128,219 | €126,503 | -€1,715 | -1.3% |
| Trade debts | 44 | €3,859 | €4,368 | +€509 | +13.2% |
| Suppliers | 440/4 | €3,859 | €4,368 | +€509 | +13.2% |
| Taxes, remuneration and social security | 45 | €18,257 | €19,393 | +€1,135 | +6.2% |
| Taxes | 450/3 | €18,257 | €19,393 | +€1,135 | +6.2% |
| Other amounts payable | 47/48 | €106,102 | €102,743 | -€3,359 | -3.2% |
| Other operating charges | 640/8 | €607 | €620 | +€12 | +2.0% |
| Gross operating margin | 9900 | €140,302 | €140,477 | +€175 | +0.1% |
| Operating profit (loss) | 9901 | €139,695 | €139,857 | +€162 | +0.1% |
| Financial charges | 65/66B | €835 | €729 | -€106 | -12.7% |
| Recurring financial charges | 65 | €835 | €729 | -€106 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €138,860 | €139,128 | +€268 | +0.2% |
| Income taxes | 67/77 | €35,750 | €35,889 | +€140 | +0.4% |
| Profit (loss) for the period | 9904 | €103,110 | €103,239 | +€128 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €103,110 | €103,239 | +€128 | +0.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.