DUFAYS: 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.
DUFAYS
Largest movements
- Tangible fixed assets -€10,844
down €10,844 (-27.6%), from €39,223 to €28,379
- Receivables within one year +€1,516
up €1,516 (+24.1%), from €6,290 to €7,805
of which Trade receivables: +€1,076
- Deferred charges and accrued income -€673
down €673 (-52.3%), from €1,285 to €613
- Accrued charges and deferred income +€24,870
new in 2024: €24,870
- Profit (loss) carried forward -€22,199
down €22,199 (-31.4%), from -€70,633 to -€92,833
- Other debts -€21,111
down €21,111 (-77.5%), from €27,245 to €6,134
- Trade debts +€7,959
up €7,959 (+82.0%), from €9,703 to €17,662
- Short-term financial debts -€3,657
down €3,657 (-50.0%), from €7,309 to €3,652
- Gross operating margin -€7,922
down €7,922, from €6,254 to -€1,669
- Other operating charges +€3,029
up €3,029 (+148.7%), from €2,037 to €5,066
- Financial charges -€2,823
down €2,823 (-48.3%), from €5,843 to €3,020
- Depreciation -€2,565
down €2,565 (-17.4%), from €14,740 to €12,174
- Taxes -€524
down €524 (-62.5%), from €839 to €315
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,026 | €39,613 | -€10,413 | -20.8% |
| Fixed assets | 21/28 | €41,750 | €30,906 | -€10,844 | -26.0% |
| Tangible fixed assets | 22/27 | €39,223 | €28,379 | -€10,844 | -27.6% |
| Land and buildings | 22 | €10,562 | €6,695 | -€3,867 | -36.6% |
| Plant, machinery and equipment | 23 | €12,586 | €9,451 | -€3,136 | -24.9% |
| Furniture and vehicles | 24 | €1,905 | €947 | -€958 | -50.3% |
| Leasing and similar rights | 25 | €3,745 | €887 | -€2,858 | -76.3% |
| Other tangible fixed assets | 26 | €10,426 | €10,400 | -€25 | -0.2% |
| Financial fixed assets | 28 | €2,527 | €2,527 | = | 0.0% |
| Current assets | 29/58 | €8,276 | €8,707 | +€431 | +5.2% |
| Amounts receivable within one year | 40/41 | €6,290 | €7,805 | +€1,516 | +24.1% |
| Trade receivables | 40 | €2,998 | €4,074 | +€1,076 | +35.9% |
| Other amounts receivable | 41 | €3,292 | €3,732 | +€440 | +13.4% |
| Cash at bank and in hand | 54/58 | €701 | €289 | -€412 | -58.7% |
| Deferred charges and accrued income | 490/1 | €1,285 | €613 | -€673 | -52.3% |
| Total equity and liabilities | 10/49 | €50,026 | €39,613 | -€10,413 | -20.8% |
| Equity | 10/15 | €3,698 | -€18,501 | -€22,199 | |
| Contributions | 10/11 | €53,000 | €53,000 | = | 0.0% |
| Reserves | 13 | €21,332 | €21,332 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,775 | €3,775 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,775 | €3,775 | = | 0.0% |
| Distributable reserves | 133 | €17,557 | €17,557 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,633 | -€92,833 | -€22,199 | -31.4% |
| Amounts payable | 17/49 | €46,328 | €58,114 | +€11,786 | +25.4% |
| Amounts payable within one year | 42/48 | €46,328 | €33,244 | -€13,084 | -28.2% |
| Financial debts | 43 | €7,309 | €3,652 | -€3,657 | -50.0% |
| Credit institutions | 430/8 | €7,309 | €3,652 | -€3,657 | -50.0% |
| Trade debts | 44 | €9,703 | €17,662 | +€7,959 | +82.0% |
| Suppliers | 440/4 | €9,703 | €17,662 | +€7,959 | +82.0% |
| Advances received on contracts in progress | 46 | - | €3,190 | +€3,190 | |
| Taxes, remuneration and social security | 45 | €2,071 | €2,605 | +€535 | +25.8% |
| Taxes | 450/3 | €2,071 | €2,605 | +€535 | +25.8% |
| Other amounts payable | 47/48 | €27,245 | €6,134 | -€21,111 | -77.5% |
| Accrued charges and deferred income | 492/3 | - | €24,870 | +€24,870 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,740 | €12,174 | -€2,565 | -17.4% |
| Other operating charges | 640/8 | €2,037 | €5,066 | +€3,029 | +148.7% |
| Non-recurring operating charges | 66A | €120 | - | -€120 | |
| Gross operating margin | 9900 | €6,254 | -€1,669 | -€7,922 | |
| Operating profit (loss) | 9901 | -€10,643 | -€18,909 | -€8,266 | -77.7% |
| Financial income | 75/76B | - | €45 | +€45 | |
| Recurring financial income | 75 | - | €45 | +€45 | |
| Financial charges | 65/66B | €5,843 | €3,020 | -€2,823 | -48.3% |
| Recurring financial charges | 65 | €5,843 | €3,020 | -€2,823 | -48.3% |
| Profit (loss) for the period before taxes | 9903 | -€16,486 | -€21,885 | -€5,398 | -32.7% |
| Income taxes | 67/77 | €839 | €315 | -€524 | -62.5% |
| Profit (loss) for the period | 9904 | -€17,325 | -€22,199 | -€4,874 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,325 | -€22,199 | -€4,874 | -28.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.