DUCOM: 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.
DUCOM
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+275.2%), from €392,650 to €1.5m
of which Assets under construction and advance payments: +€700,000
- Receivables within one year -€23,560
down €23,560 (-79.3%), from €29,694 to €6,134
of which Trade receivables: -€23,375
- Trade debts +€708,303
up €708,303 (+7381.2%), from €9,596 to €717,899
- Other debts +€338,072
up €338,072 (+704.3%), from €48,000 to €386,072
- Depreciation -€7,417
down €7,417 (-100.0%), from €7,417 to €0
- Gross operating margin +€5,261
up €5,261 (+96.3%), from €5,463 to €10,724
- Other operating charges +€396
up €396 (+363.6%), from €109 to €505
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 | €425,472 | €1,481,994 | +€1.1m | +248.3% |
| Fixed assets | 21/28 | €392,650 | €1,473,205 | +€1.1m | +275.2% |
| Tangible fixed assets | 22/27 | €392,650 | €1,473,205 | +€1.1m | +275.2% |
| Land and buildings | 22 | €392,650 | €773,205 | +€380,555 | +96.9% |
| Assets under construction and advance payments | 27 | - | €700,000 | +€700,000 | |
| Current assets | 29/58 | €32,822 | €8,789 | -€24,033 | -73.2% |
| Amounts receivable within one year | 40/41 | €29,694 | €6,134 | -€23,560 | -79.3% |
| Trade receivables | 40 | €23,375 | €0 | -€23,375 | -100.0% |
| Other amounts receivable | 41 | €6,319 | €6,134 | -€185 | -2.9% |
| Cash at bank and in hand | 54/58 | €3,128 | €2,655 | -€473 | -15.1% |
| Total equity and liabilities | 10/49 | €425,472 | €1,481,994 | +€1.1m | +248.3% |
| Equity | 10/15 | €367,876 | €378,023 | +€10,147 | +2.8% |
| Contributions | 10/11 | €470,040 | €470,040 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€102,164 | -€92,017 | +€10,147 | +9.9% |
| Amounts payable | 17/49 | €57,596 | €1,103,971 | +€1.0m | +1816.7% |
| Amounts payable within one year | 42/48 | €57,596 | €1,103,971 | +€1.0m | +1816.7% |
| Trade debts | 44 | €9,596 | €717,899 | +€708,303 | +7381.2% |
| Suppliers | 440/4 | €9,596 | €717,899 | +€708,303 | +7381.2% |
| Other amounts payable | 47/48 | €48,000 | €386,072 | +€338,072 | +704.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,417 | €0 | -€7,417 | -100.0% |
| Other operating charges | 640/8 | €109 | €505 | +€396 | +363.6% |
| Gross operating margin | 9900 | €5,463 | €10,724 | +€5,261 | +96.3% |
| Operating profit (loss) | 9901 | -€2,063 | €10,219 | +€12,282 | |
| Financial charges | 65/66B | €61 | €72 | +€11 | +17.7% |
| Recurring financial charges | 65 | €61 | €72 | +€11 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,124 | €10,147 | +€12,271 | |
| Profit (loss) for the period | 9904 | -€2,124 | €10,147 | +€12,271 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,124 | €10,147 | +€12,271 |
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 8 October 2026 via checked.be.