Duetech: what changed
Duetech
Largest movements
- Tangible fixed assets +€413,386
up €413,386 (+119%), from €346,093 to €759,479
of which Land and buildings: +€413,541
- Receivables within one year -€63,819
down €63,819 (-73.0%), from €87,376 to €23,558
of which Other amounts receivable: -€69,549
- Current investments +€19,000
up €19,000 (+28.2%), from €67,480 to €86,480
- Cash -€17,386
down €17,386 (-34.1%), from €51,004 to €33,618
mainly Investment in fixed assets (net) (-€436,216) and Contributions, distributions and other (-€50,000)
- Reserves +€305,947
new in 2025: €305,947
- Profit (loss) carried forward -€304,575
down €304,575 (-100%), from €304,575 to €0
- Debts after one year +€282,117
up €282,117 (+139%), from €202,273 to €484,390
- Other debts +€70,340
up €70,340, from €0 to €70,340
- Trade debts -€16,347
down €16,347 (-94.7%), from €17,268 to €921
- Depreciation +€11,726
up €11,726 (+106%), from €11,104 to €22,830
- Gross operating margin +€11,660
up €11,660 (+13.5%), from €86,637 to €98,297
- Financial charges +€9,935
up €9,935 (+236%), from €4,203 to €14,137
- Financial income +€4,444
up €4,444 (+531%), from €837 to €5,281
- Taxes -€1,511
down €1,511 (-10.3%), from €14,709 to €13,198
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €556,276 | €904,204 | +€347,928 | +62.5% |
| Fixed assets | 21/28 | €346,343 | €759,729 | +€413,386 | +119% |
| Tangible fixed assets | 22/27 | €346,093 | €759,479 | +€413,386 | +119% |
| Land and buildings | 22 | €321,331 | €734,872 | +€413,541 | +129% |
| Plant, machinery and equipment | 23 | - | €1,490 | +€1,490 | |
| Furniture and vehicles | 24 | €9,750 | €8,241 | -€1,508 | -15.5% |
| Other tangible fixed assets | 26 | €15,012 | €14,876 | -€136 | -0.9% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €209,933 | €144,475 | -€65,458 | -31.2% |
| Amounts receivable within one year | 40/41 | €87,376 | €23,558 | -€63,819 | -73.0% |
| Trade receivables | 40 | €15,116 | €20,846 | +€5,730 | +37.9% |
| Other amounts receivable | 41 | €72,260 | €2,711 | -€69,549 | -96.2% |
| Current investments | 50/53 | €67,480 | €86,480 | +€19,000 | +28.2% |
| Cash at bank and in hand | 54/58 | €51,004 | €33,618 | -€17,386 | -34.1% |
| Deferred charges and accrued income | 490/1 | €4,073 | €819 | -€3,254 | -79.9% |
| Total equity and liabilities | 10/49 | €556,276 | €904,204 | +€347,928 | +62.5% |
| Equity | 10/15 | €314,575 | €315,947 | +€1,372 | +0.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €305,947 | +€305,947 | |
| Distributable reserves | 133 | - | €305,947 | +€305,947 | |
| Profit (loss) carried forward | 14 | €304,575 | €0 | -€304,575 | -100% |
| Amounts payable | 17/49 | €241,701 | €588,258 | +€346,557 | +143% |
| Amounts payable after more than one year | 17 | €202,273 | €484,390 | +€282,117 | +139% |
| Financial debts | 170/4 | €202,273 | €484,390 | +€282,117 | +139% |
| Amounts payable within one year | 42/48 | €39,348 | €102,967 | +€63,620 | +162% |
| Current portion of amounts payable after more than one year | 42 | €11,439 | €23,362 | +€11,924 | +104% |
| Trade debts | 44 | €17,268 | €921 | -€16,347 | -94.7% |
| Suppliers | 440/4 | €17,268 | €921 | -€16,347 | -94.7% |
| Taxes, remuneration and social security | 45 | €10,641 | €8,343 | -€2,298 | -21.6% |
| Taxes | 450/3 | €10,641 | €8,343 | -€2,298 | -21.6% |
| Other amounts payable | 47/48 | €0 | €70,340 | +€70,340 | |
| Accrued charges and deferred income | 492/3 | €80 | €900 | +€820 | +1,026% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,104 | €22,830 | +€11,726 | +106% |
| Other operating charges | 640/8 | €2,042 | €2,041 | -€1 | 0.0% |
| Gross operating margin | 9900 | €86,637 | €98,297 | +€11,660 | +13.5% |
| Operating profit (loss) | 9901 | €73,492 | €73,426 | -€65 | -0.1% |
| Financial income | 75/76B | €837 | €5,281 | +€4,444 | +531% |
| Recurring financial income | 75 | €837 | €5,281 | +€4,444 | +531% |
| Financial charges | 65/66B | €4,203 | €14,137 | +€9,935 | +236% |
| Recurring financial charges | 65 | €4,203 | €14,137 | +€9,935 | +236% |
| Profit (loss) for the period before taxes | 9903 | €70,126 | €64,570 | -€5,556 | -7.9% |
| Income taxes | 67/77 | €14,709 | €13,198 | -€1,511 | -10.3% |
| Profit (loss) for the period | 9904 | €55,416 | €51,372 | -€4,044 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,416 | €51,372 | -€4,044 | -7.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.