DUCOCARRE: 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.
DUCOCARRE
Largest movements
- Receivables within one year +€7,798
up €7,798 (+42.1%), from €18,521 to €26,318
of which Other amounts receivable: +€10,240
- Tangible fixed assets +€4,575
up €4,575 (+185.9%), from €2,461 to €7,036
of which Other tangible fixed assets: +€5,053
- Cash +€1,839
up €1,839 (+326.5%), from €563 to €2,403
mainly Other debts (+€40,545) and Depreciation (+€1,083)
- Other debts +€40,545
up €40,545 (+207.2%), from €19,572 to €60,117
- Profit (loss) carried forward -€16,021
down €16,021 (-41.7%), from -€38,376 to -€54,398
- Trade debts -€5,570
down €5,570 (-47.1%), from €11,822 to €6,252
- Tax, wage and social debts -€4,900
down €4,900 (-55.9%), from €8,770 to €3,871
- Gross operating margin -€18,073
down €18,073, from €4,068 to -€14,004
- Depreciation +€421
up €421 (+63.6%), from €662 to €1,083
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 | €21,787 | €36,007 | +€14,220 | +65.3% |
| Fixed assets | 21/28 | €2,461 | €7,036 | +€4,575 | +185.9% |
| Tangible fixed assets | 22/27 | €2,461 | €7,036 | +€4,575 | +185.9% |
| Furniture and vehicles | 24 | €995 | €517 | -€478 | -48.0% |
| Other tangible fixed assets | 26 | €1,466 | €6,519 | +€5,053 | +344.7% |
| Current assets | 29/58 | €19,326 | €28,971 | +€9,644 | +49.9% |
| Amounts receivable within one year | 40/41 | €18,521 | €26,318 | +€7,798 | +42.1% |
| Trade receivables | 40 | €18,521 | €16,078 | -€2,442 | -13.2% |
| Other amounts receivable | 41 | - | €10,240 | +€10,240 | |
| Cash at bank and in hand | 54/58 | €563 | €2,403 | +€1,839 | +326.5% |
| Deferred charges and accrued income | 490/1 | €242 | €250 | +€7 | +3.0% |
| Total equity and liabilities | 10/49 | €21,787 | €36,007 | +€14,220 | +65.3% |
| Equity | 10/15 | -€18,376 | -€34,398 | -€16,021 | -87.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,376 | -€54,398 | -€16,021 | -41.7% |
| Amounts payable | 17/49 | €40,164 | €70,405 | +€30,241 | +75.3% |
| Amounts payable within one year | 42/48 | €40,164 | €70,405 | +€30,241 | +75.3% |
| Trade debts | 44 | €11,822 | €6,252 | -€5,570 | -47.1% |
| Suppliers | 440/4 | €11,822 | €6,252 | -€5,570 | -47.1% |
| Advances received on contracts in progress | 46 | - | €166 | +€166 | |
| Taxes, remuneration and social security | 45 | €8,770 | €3,871 | -€4,900 | -55.9% |
| Taxes | 450/3 | €8,770 | €3,871 | -€4,900 | -55.9% |
| Other amounts payable | 47/48 | €19,572 | €60,117 | +€40,545 | +207.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €662 | €1,083 | +€421 | +63.6% |
| Other operating charges | 640/8 | €384 | €400 | +€15 | +4.0% |
| Gross operating margin | 9900 | €4,068 | -€14,004 | -€18,073 | |
| Operating profit (loss) | 9901 | €3,022 | -€15,487 | -€18,509 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -85.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -85.0% |
| Financial charges | 65/66B | €499 | €394 | -€105 | -21.0% |
| Recurring financial charges | 65 | €499 | €394 | -€105 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €2,523 | -€15,881 | -€18,404 | |
| Income taxes | 67/77 | €133 | €141 | +€8 | +5.9% |
| Profit (loss) for the period | 9904 | €2,391 | -€16,021 | -€18,412 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,391 | -€16,021 | -€18,412 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.