Ducoulembier - Vanderplancke: 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.
Ducoulembier - Vanderplancke
Largest movements
- Tangible fixed assets +€236,118
up €236,118 (+56.7%), from €416,462 to €652,580
of which Plant, machinery and equipment: +€243,997
- Stocks and contracts +€211,446
up €211,446 (+44.2%), from €478,276 to €689,721
- Receivables within one year +€140,672
up €140,672 (+53.6%), from €262,347 to €403,019
of which Trade receivables: +€82,629
- Cash +€53,580
up €53,580 (+56.0%), from €95,712 to €149,292
mainly Trade debts (+€465,090) and Depreciation (+€118,049)
- Trade debts +€465,090
up €465,090 (+531%), from €87,523 to €552,613
- Debts after one year +€109,577
up €109,577 (+88.9%), from €123,319 to €232,897
- Reserves +€32,805
up €32,805 (+9.3%), from €352,312 to €385,117
of which Distributable reserves: +€32,805
- Depreciation +€53,393
up €53,393 (+82.6%), from €64,655 to €118,049
- Gross operating margin +€31,142
up €31,142 (+11.5%), from €269,651 to €300,793
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 | €1,269,159 | €1,894,975 | +€625,816 | +49.3% |
| Fixed assets | 21/28 | €416,825 | €652,943 | +€236,118 | +56.6% |
| Tangible fixed assets | 22/27 | €416,462 | €652,580 | +€236,118 | +56.7% |
| Land and buildings | 22 | €56,347 | €48,669 | -€7,678 | -13.6% |
| Plant, machinery and equipment | 23 | €359,839 | €603,836 | +€243,997 | +67.8% |
| Furniture and vehicles | 24 | €275 | €75 | -€200 | -72.7% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €852,334 | €1,242,032 | +€389,698 | +45.7% |
| Stocks and contracts in progress | 3 | €478,276 | €689,721 | +€211,446 | +44.2% |
| Stocks | 30/36 | €478,276 | €689,721 | +€211,446 | +44.2% |
| Amounts receivable within one year | 40/41 | €262,347 | €403,019 | +€140,672 | +53.6% |
| Trade receivables | 40 | €261,910 | €344,539 | +€82,629 | +31.5% |
| Other amounts receivable | 41 | €437 | €58,480 | +€58,043 | +13,274% |
| Cash at bank and in hand | 54/58 | €95,712 | €149,292 | +€53,580 | +56.0% |
| Deferred charges and accrued income | 490/1 | €16,000 | - | -€16,000 | |
| Total equity and liabilities | 10/49 | €1,269,159 | €1,894,975 | +€625,816 | +49.3% |
| Equity | 10/15 | €374,312 | €407,117 | +€32,805 | +8.8% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €352,312 | €385,117 | +€32,805 | +9.3% |
| Tax-exempt reserves | 132 | €18,019 | €18,019 | = | 0.0% |
| Distributable reserves | 133 | €334,293 | €367,098 | +€32,805 | +9.8% |
| Amounts payable | 17/49 | €894,848 | €1,487,858 | +€593,010 | +66.3% |
| Amounts payable after more than one year | 17 | €123,319 | €232,897 | +€109,577 | +88.9% |
| Financial debts | 170/4 | €123,319 | €232,897 | +€109,577 | +88.9% |
| Amounts payable within one year | 42/48 | €771,528 | €1,254,961 | +€483,433 | +62.7% |
| Current portion of amounts payable after more than one year | 42 | €91,837 | €109,923 | +€18,085 | +19.7% |
| Trade debts | 44 | €87,523 | €552,613 | +€465,090 | +531% |
| Suppliers | 440/4 | €87,523 | €552,613 | +€465,090 | +531% |
| Taxes, remuneration and social security | 45 | €7,618 | €5,334 | -€2,284 | -30.0% |
| Taxes | 450/3 | €464 | €208 | -€257 | -55.3% |
| Remuneration and social security | 454/9 | €7,154 | €5,126 | -€2,027 | -28.3% |
| Other amounts payable | 47/48 | €584,550 | €587,092 | +€2,541 | +0.4% |
| Non-recurring operating income | 76A | - | €65,000 | +€65,000 | |
| Remuneration, social security and pensions | 62 | €147,675 | €147,508 | -€167 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,655 | €118,049 | +€53,393 | +82.6% |
| Other operating charges | 640/8 | €1,445 | €1,534 | +€89 | +6.2% |
| Gross operating margin | 9900 | €269,651 | €300,793 | +€31,142 | +11.5% |
| Operating profit (loss) | 9901 | €55,876 | €33,702 | -€22,174 | -39.7% |
| Financial income | 75/76B | €525 | €1,962 | +€1,437 | +274% |
| Recurring financial income | 75 | €525 | €1,962 | +€1,437 | +274% |
| Financial charges | 65/66B | €3,976 | €2,858 | -€1,118 | -28.1% |
| Recurring financial charges | 65 | €3,976 | €2,858 | -€1,118 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €52,424 | €32,805 | -€19,619 | -37.4% |
| Profit (loss) for the period | 9904 | €52,424 | €32,805 | -€19,619 | -37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,424 | €32,805 | -€19,619 | -37.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.