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
- Tangible fixed assets +€8,170
new in 2025: €8,170
of which Furniture and vehicles: +€6,079
- Cash -€6,039
down €6,039 (-48.8%), from €12,373 to €6,335
mainly Investment in fixed assets (net) (-€9,574) and Other debts (-€5,750)
- Receivables within one year -€448
down €448 (-3.3%), from €13,463 to €13,015
of which Trade receivables: -€9,620
- Deferred charges and accrued income +€339
up €339 (+73.6%), from €460 to €799
- Reserves +€8,538
up €8,538 (+112%), from €7,645 to €16,183
- Other debts -€5,750
down €5,750 (-100%), from €5,750 to €0
- Tax, wage and social debts -€3,097
down €3,097 (-33.9%), from €9,128 to €6,031
- Trade debts +€2,331
up €2,331 (+301%), from €774 to €3,105
- Gross operating margin -€4,996
down €4,996 (-26.9%), from €18,602 to €13,606
- Depreciation +€1,404
new in 2025: €1,404
- Taxes -€1,084
down €1,084 (-25.2%), from €4,311 to €3,226
- Financial income +€470
up €470 (+654%), from €72 to €542
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 | €26,297 | €28,319 | +€2,022 | +7.7% |
| Fixed assets | 21/28 | - | €8,170 | +€8,170 | |
| Tangible fixed assets | 22/27 | - | €8,170 | +€8,170 | |
| Plant, machinery and equipment | 23 | - | €2,091 | +€2,091 | |
| Furniture and vehicles | 24 | - | €6,079 | +€6,079 | |
| Current assets | 29/58 | €26,297 | €20,149 | -€6,148 | -23.4% |
| Amounts receivable within one year | 40/41 | €13,463 | €13,015 | -€448 | -3.3% |
| Trade receivables | 40 | €9,680 | €61 | -€9,620 | -99.4% |
| Other amounts receivable | 41 | €3,783 | €12,955 | +€9,171 | +242% |
| Cash at bank and in hand | 54/58 | €12,373 | €6,335 | -€6,039 | -48.8% |
| Deferred charges and accrued income | 490/1 | €460 | €799 | +€339 | +73.6% |
| Total equity and liabilities | 10/49 | €26,297 | €28,319 | +€2,022 | +7.7% |
| Equity | 10/15 | €10,645 | €19,183 | +€8,538 | +80.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €7,645 | €16,183 | +€8,538 | +112% |
| Distributable reserves | 133 | €7,645 | €16,183 | +€8,538 | +112% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €15,652 | €9,136 | -€6,516 | -41.6% |
| Amounts payable within one year | 42/48 | €15,652 | €9,136 | -€6,516 | -41.6% |
| Trade debts | 44 | €774 | €3,105 | +€2,331 | +301% |
| Suppliers | 440/4 | €774 | €3,105 | +€2,331 | +301% |
| Taxes, remuneration and social security | 45 | €9,128 | €6,031 | -€3,097 | -33.9% |
| Taxes | 450/3 | €9,128 | €6,031 | -€3,097 | -33.9% |
| Other amounts payable | 47/48 | €5,750 | €0 | -€5,750 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,404 | +€1,404 | |
| Other operating charges | 640/8 | €709 | €668 | -€41 | -5.8% |
| Gross operating margin | 9900 | €18,602 | €13,606 | -€4,996 | -26.9% |
| Operating profit (loss) | 9901 | €17,893 | €11,534 | -€6,359 | -35.5% |
| Financial income | 75/76B | €72 | €542 | +€470 | +654% |
| Recurring financial income | 75 | €72 | €542 | +€470 | +654% |
| Financial charges | 65/66B | €259 | €312 | +€53 | +20.4% |
| Recurring financial charges | 65 | €259 | €312 | +€53 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | €17,706 | €11,764 | -€5,942 | -33.6% |
| Income taxes | 67/77 | €4,311 | €3,226 | -€1,084 | -25.2% |
| Profit (loss) for the period | 9904 | €13,395 | €8,538 | -€4,858 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,395 | €8,538 | -€4,858 | -36.3% |
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 14 October 2026 via checked.be.