Duerinck: 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.
Duerinck
Largest movements
- Cash +€26,951
up €26,951 (+301%), from €8,964 to €35,914
mainly Net result for the year (+€16,528) and Receivables within one year (+€8,705)
- Receivables within one year -€8,705
down €8,705 (-67.0%), from €12,997 to €4,292
of which Trade receivables: -€8,705
- Deferred charges and accrued income +€1,488
new in 2025: €1,488
- Tangible fixed assets +€983
new in 2025: €983
- Reserves +€16,528
up €16,528 (+189%), from €8,750 to €25,278
- Tax, wage and social debts +€2,165
up €2,165 (+30.4%), from €7,123 to €9,288
of which Taxes: +€2,165
- Other debts +€2,096
up €2,096 (+13,631%), from €15 to €2,112
- Gross operating margin +€9,725
up €9,725 (+72.5%), from €13,422 to €23,147
- Taxes +€3,176
up €3,176 (+146%), from €2,171 to €5,348
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 | €21,961 | €42,678 | +€20,717 | +94.3% |
| Fixed assets | 21/28 | - | €983 | +€983 | |
| Tangible fixed assets | 22/27 | - | €983 | +€983 | |
| Plant, machinery and equipment | 23 | - | €983 | +€983 | |
| Current assets | 29/58 | €21,961 | €41,694 | +€19,734 | +89.9% |
| Amounts receivable within one year | 40/41 | €12,997 | €4,292 | -€8,705 | -67.0% |
| Trade receivables | 40 | €12,035 | €3,330 | -€8,705 | -72.3% |
| Other amounts receivable | 41 | €962 | €962 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,964 | €35,914 | +€26,951 | +301% |
| Deferred charges and accrued income | 490/1 | - | €1,488 | +€1,488 | |
| Total equity and liabilities | 10/49 | €21,961 | €42,678 | +€20,717 | +94.3% |
| Equity | 10/15 | €14,750 | €31,278 | +€16,528 | +112% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €8,750 | €25,278 | +€16,528 | +189% |
| Distributable reserves | 133 | €8,750 | €25,278 | +€16,528 | +189% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €7,211 | €11,400 | +€4,189 | +58.1% |
| Amounts payable within one year | 42/48 | €7,211 | €11,400 | +€4,189 | +58.1% |
| Trade debts | 44 | €73 | €0 | -€73 | -100% |
| Suppliers | 440/4 | €73 | €0 | -€73 | -100% |
| Taxes, remuneration and social security | 45 | €7,123 | €9,288 | +€2,165 | +30.4% |
| Taxes | 450/3 | €5,823 | €7,988 | +€2,165 | +37.2% |
| Remuneration and social security | 454/9 | €1,300 | €1,300 | = | 0.0% |
| Other amounts payable | 47/48 | €15 | €2,112 | +€2,096 | +13,631% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €147 | +€147 | |
| Other operating charges | 640/8 | €849 | €1,032 | +€182 | +21.5% |
| Gross operating margin | 9900 | €13,422 | €23,147 | +€9,725 | +72.5% |
| Operating profit (loss) | 9901 | €12,572 | €21,969 | +€9,396 | +74.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €44 | €93 | +€49 | +112% |
| Recurring financial charges | 65 | €44 | €93 | +€49 | +112% |
| Profit (loss) for the period before taxes | 9903 | €12,528 | €21,876 | +€9,347 | +74.6% |
| Income taxes | 67/77 | €2,171 | €5,348 | +€3,176 | +146% |
| Profit (loss) for the period | 9904 | €10,357 | €16,528 | +€6,171 | +59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,357 | €16,528 | +€6,171 | +59.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.