DUETT: 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.
DUETT
Largest movements
- Cash -€19,224
down €19,224 (-29.4%), from €65,316 to €46,092
mainly Receivables within one year (-€17,624) and Trade debts (-€12,839)
- Receivables within one year +€17,624
new in 2025: €17,624
- Trade debts -€12,839
down €12,839 (-44.5%), from €28,861 to €16,022
- Reserves +€11,029
up €11,029 (+41.4%), from €26,616 to €37,646
- Gross operating margin +€566
up €566 (+3.8%), from €14,880 to €15,445
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 | €65,316 | €63,716 | -€1,600 | -2.4% |
| Current assets | 29/58 | €65,316 | €63,716 | -€1,600 | -2.4% |
| Amounts receivable within one year | 40/41 | - | €17,624 | +€17,624 | |
| Trade receivables | 40 | - | €17,624 | +€17,624 | |
| Cash at bank and in hand | 54/58 | €65,316 | €46,092 | -€19,224 | -29.4% |
| Total equity and liabilities | 10/49 | €65,316 | €63,716 | -€1,600 | -2.4% |
| Equity | 10/15 | €31,616 | €42,646 | +€11,029 | +34.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €26,616 | €37,646 | +€11,029 | +41.4% |
| Distributable reserves | 133 | €26,616 | €37,646 | +€11,029 | +41.4% |
| Amounts payable | 17/49 | €33,699 | €21,070 | -€12,629 | -37.5% |
| Amounts payable within one year | 42/48 | €33,199 | €20,570 | -€12,629 | -38.0% |
| Trade debts | 44 | €28,861 | €16,022 | -€12,839 | -44.5% |
| Suppliers | 440/4 | €28,861 | €16,022 | -€12,839 | -44.5% |
| Taxes, remuneration and social security | 45 | €4,339 | €4,549 | +€210 | +4.8% |
| Taxes | 450/3 | €4,339 | €4,549 | +€210 | +4.8% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Other operating charges | 640/8 | €678 | €694 | +€16 | +2.4% |
| Gross operating margin | 9900 | €14,880 | €15,445 | +€566 | +3.8% |
| Operating profit (loss) | 9901 | €14,202 | €14,752 | +€550 | +3.9% |
| Financial charges | 65/66B | €46 | €46 | +€1 | +1.1% |
| Recurring financial charges | 65 | €46 | €46 | +€1 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €14,156 | €14,706 | +€549 | +3.9% |
| Income taxes | 67/77 | €3,539 | €3,676 | +€137 | +3.9% |
| Profit (loss) for the period | 9904 | €10,617 | €11,029 | +€412 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,617 | €11,029 | +€412 | +3.9% |
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 11 October 2026 via checked.be.