DUFERCO WALLONIE: what changed
What changed
DUFERCO WALLONIE
NACE 24.100, Manufacture of basic metals
filed annual accounts (NBB)
Net result for the year
€5.1m
2024 · €934,555+€4.2m
Equity
€25.4m
2024 · €14.7m+€10.7m
Cash
€2.1m
2024 · €11.6m-€9.4m
Balance sheet total
€105.1m
2024 · €101.7m+€3.5m
Largest movements
Assets
- Receivables after one year +€10.7m
new in 2025: €10.7m
- Cash -€9.4m
down €9.4m (-81.4%), from €11.6m to €2.1m
mainly Receivables after one year (-€10.7m) and Provisions (-€6.6m)
- Financial fixed assets +€5.5m
up €5.5m (+74.2%), from €7.4m to €12.8m
of which Affiliated companies: +€5.5m
- Receivables within one year -€4.7m
down €4.7m (-39.4%), from €11.9m to €7.2m
of which Other amounts receivable: -€4.4m
- Current investments +€4.5m
up €4.5m (+450%), from €1.0m to €5.5m
Equity and liabilities
- Provisions -€6.6m
down €6.6m (-9.9%), from €66.1m to €59.6m
- Short-term financial debts -€6.1m
no longer reported in 2025 (was €6.1m)
- Contributions +€5.6m
up €5.6m (+160%), from €3.5m to €9.1m
- Debts after one year +€5.4m
up €5.4m (+113%), from €4.8m to €10.2m
of which Financial debts: +€5.4m
- Profit (loss) carried forward +€4.6m
up €4.6m (+62.2%), from €7.5m to €12.1m
Income statement
- Turnover +€7.5m
up €7.5m (+99.0%), from €7.6m to €15.1m
- Provisions -€3.7m
down €3.7m (-132%), from -€2.8m to -€6.6m
- Financial income +€470,547
up €470,547 (+121%), from €387,322 to €857,869
- Taxes +€420,099
up €420,099 (+22,655%), from €1,854 to €421,954
- Financial charges +€394,461
up €394,461 (+94.2%), from €418,611 to €813,072
of which Financial charges: +€388,242
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.
Result 2024
€934,555
Turnover
+€7.5m
Other operating income
-€19,870
Services and other goods
-€324,777
Staff costs
-€387,532
Depreciation
+€58,730
Write-downs
-€15,419
Provisions
+€3.7m
Other operating charges
+€7,025
Other operating items
-€6.1m
Financial income
+€470,547
Financial charges
-€394,461
Taxes
-€420,099
Result 2025
€5.1m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€7.2m
Investment
-€7.2m
Financing
+€4.9m
Cash 2024
€11.6m
From operations (derived)
-€7.2m
Net result for the year
+€5.1m
Depreciation
+€457,063
Receivables after one year
-€10.7m
Stocks and contracts
-€259,881
Receivables within one year
+€4.7m
Deferred charges and accrued income
+€127,047
Provisions
-€6.6m
Trade debts
-€129,873
Tax, wage and social debts
-€906,828
Advances received
+€327,703
Other debts
+€137,070
Accrued charges and deferred income
+€582,112
Investment (derived)
-€7.2m
Investment in fixed assets (net)
-€2.7m
Current investments
-€4.5m
Financing
+€4.9m
Debts after one year
+€5.4m
Current portion of long-term debt
-€10,492
Short-term financial debts
-€6.1m
Contributions, distributions and other
+€5.6m
Cash 2025
€2.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,684,187 | €105,136,966 | +€3.5m | +3.4% |
| Fixed assets | 21/28 | €76,022,049 | €78,238,682 | +€2.2m | +2.9% |
| Intangible fixed assets | 21 | €56,000 | €655 | -€55,345 | -98.8% |
| Tangible fixed assets | 22/27 | €68,600,793 | €65,407,771 | -€3.2m | -4.7% |
| Land and buildings | 22 | €972,472 | €871,164 | -€101,308 | -10.4% |
| Plant, machinery and equipment | 23 | €1,443,523 | €1,343,351 | -€100,172 | -6.9% |
| Furniture and vehicles | 24 | €610,199 | €526,364 | -€83,835 | -13.7% |
| Leasing and similar rights | 25 | €17,264 | €5,524 | -€11,740 | -68.0% |
| Other tangible fixed assets | 26 | €65,524,005 | €62,535,633 | -€3.0m | -4.6% |
| Assets under construction and advance payments | 27 | €33,331 | €125,736 | +€92,405 | +277% |
| Financial fixed assets | 28 | €7,365,256 | €12,830,256 | +€5.5m | +74.2% |
| Affiliated companies | 280/1 | €5,865,164 | €11,330,164 | +€5.5m | +93.2% |
| Participating interests | 280 | €5,865,164 | €11,330,164 | +€5.5m | +93.2% |
| Other financial fixed assets | 284/8 | €1,500,092 | €1,500,092 | = | 0.0% |
| Shares | 284 | €20,592 | €20,592 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,479,500 | €1,479,500 | = | 0.0% |
| Current assets | 29/58 | €25,662,138 | €26,898,284 | +€1.2m | +4.8% |
| Amounts receivable after more than one year | 29 | - | €10,676,145 | +€10.7m | |
| Other amounts receivable | 291 | - | €10,676,145 | +€10.7m | |
| Stocks and contracts in progress | 3 | €1,095,044 | €1,354,924 | +€259,881 | +23.7% |
| Contracts in progress | 37 | €1,095,044 | €1,354,924 | +€259,881 | +23.7% |
| Amounts receivable within one year | 40/41 | €11,855,501 | €7,190,076 | -€4.7m | -39.4% |
| Trade receivables | 40 | €1,858,133 | €1,608,637 | -€249,496 | -13.4% |
| Other amounts receivable | 41 | €9,997,368 | €5,581,438 | -€4.4m | -44.2% |
| Current investments | 50/53 | €1,000,000 | €5,500,000 | +€4.5m | +450% |
| Other investments | 51/53 | €1,000,000 | €5,500,000 | +€4.5m | +450% |
| Cash at bank and in hand | 54/58 | €11,551,456 | €2,144,048 | -€9.4m | -81.4% |
| Deferred charges and accrued income | 490/1 | €160,138 | €33,091 | -€127,047 | -79.3% |
| Total equity and liabilities | 10/49 | €101,684,187 | €105,136,966 | +€3.5m | +3.4% |
| Equity | 10/15 | €14,711,204 | €25,385,604 | +€10.7m | +72.6% |
| Contributions | 10/11 | €3,507,976 | €9,107,977 | +€5.6m | +160% |
| Capital | 10 | €3,507,976 | €9,107,977 | +€5.6m | +160% |
| Issued capital | 100 | €3,507,976 | €9,107,977 | +€5.6m | +160% |
| Reserves | 13 | €3,670,005 | €4,118,086 | +€448,081 | +12.2% |
| Non-distributable reserves | 130/1 | €2,660,940 | €3,109,021 | +€448,081 | +16.8% |
| Legal reserve | 130 | €462,717 | €910,798 | +€448,081 | +96.8% |
| Other | 1319 | €2,198,223 | €2,198,223 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,009,065 | €1,009,065 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,466,022 | €12,109,140 | +€4.6m | +62.2% |
| Investment grants | 15 | €67,200 | €50,400 | -€16,800 | -25.0% |
| Provisions and deferred taxes | 16 | €66,137,598 | €59,571,554 | -€6.6m | -9.9% |
| Provisions for liabilities and charges | 160/5 | €66,137,598 | €59,571,554 | -€6.6m | -9.9% |
| Pensions and similar obligations | 160 | €164,354 | €164,354 | = | 0.0% |
| Major repairs and maintenance | 162 | €110,117 | €149,006 | +€38,889 | +35.3% |
| Environmental obligations | 163 | €65,863,127 | €59,258,194 | -€6.6m | -10.0% |
| Amounts payable | 17/49 | €20,835,386 | €20,179,808 | -€655,578 | -3.1% |
| Amounts payable after more than one year | 17 | €4,815,316 | €10,234,363 | +€5.4m | +113% |
| Financial debts | 170/4 | €4,793,029 | €10,212,075 | +€5.4m | +113% |
| Subordinated loans | 170 | €4,793,029 | €10,212,075 | +€5.4m | +113% |
| Other amounts payable | 178/9 | €22,287 | €22,287 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,924,911 | €9,268,175 | -€6.7m | -41.8% |
| Current portion of amounts payable after more than one year | 42 | €16,871 | €6,379 | -€10,492 | -62.2% |
| Financial debts | 43 | €6,074,315 | - | -€6.1m | |
| Other loans | 439 | €6,074,315 | - | -€6.1m | |
| Trade debts | 44 | €1,567,046 | €1,437,173 | -€129,873 | -8.3% |
| Suppliers | 440/4 | €1,567,046 | €1,437,173 | -€129,873 | -8.3% |
| Advances received on contracts in progress | 46 | €1,005,604 | €1,333,307 | +€327,703 | +32.6% |
| Taxes, remuneration and social security | 45 | €7,242,307 | €6,335,478 | -€906,828 | -12.5% |
| Taxes | 450/3 | €6,444,001 | €5,457,254 | -€986,747 | -15.3% |
| Remuneration and social security | 454/9 | €798,306 | €878,225 | +€79,919 | +10.0% |
| Other amounts payable | 47/48 | €18,768 | €155,837 | +€137,070 | +730% |
| Accrued charges and deferred income | 492/3 | €95,159 | €677,271 | +€582,112 | +612% |
| Operating income | 70/76A | €12,397,082 | €16,763,651 | +€4.4m | +35.2% |
| Turnover | 70 | €7,579,273 | €15,083,211 | +€7.5m | +99.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €213,794 | €336,095 | +€122,302 | +57.2% |
| Other operating income | 74 | €707,582 | €687,711 | -€19,870 | -2.8% |
| Non-recurring operating income | 76A | €3,896,435 | €656,634 | -€3.2m | -83.1% |
| Operating charges | 60/66A | €11,429,383 | €11,295,295 | -€134,088 | -1.2% |
| Services and other goods | 61 | €9,005,557 | €9,330,334 | +€324,777 | +3.6% |
| Remuneration, social security and pensions | 62 | €4,127,938 | €4,515,471 | +€387,532 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €515,793 | €457,063 | -€58,730 | -11.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,419 | +€15,419 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,829,858 | -€6,566,044 | -€3.7m | -132% |
| Other operating charges | 640/8 | €609,953 | €602,928 | -€7,025 | -1.2% |
| Non-recurring operating charges | 66A | - | €2,940,124 | +€2.9m | |
| Operating profit (loss) | 9901 | €967,699 | €5,468,356 | +€4.5m | +465% |
| Financial income | 75/76B | €387,322 | €857,869 | +€470,547 | +121% |
| Recurring financial income | 75 | €387,322 | €857,869 | +€470,547 | +121% |
| Income from current assets | 751 | €370,520 | €839,755 | +€469,235 | +127% |
| Other financial income | 752/9 | €16,802 | €18,114 | +€1,312 | +7.8% |
| Financial charges | 65/66B | €418,611 | €813,072 | +€394,461 | +94.2% |
| Recurring financial charges | 65 | €358,586 | €746,827 | +€388,242 | +108% |
| Debt charges | 650 | €354,456 | €742,199 | +€387,743 | +109% |
| Other financial charges | 652/9 | €4,129 | €4,628 | +€499 | +12.1% |
| Non-recurring financial charges | 66B | €60,026 | €66,245 | +€6,219 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €936,410 | €5,513,153 | +€4.6m | +489% |
| Income taxes | 67/77 | €1,854 | €421,954 | +€420,099 | +22,655% |
| Taxes | 670/3 | €1,854 | €421,954 | +€420,099 | +22,655% |
| Profit (loss) for the period | 9904 | €934,555 | €5,091,199 | +€4.2m | +445% |
| Profit (loss) for the period to be appropriated | 9905 | €934,555 | €5,091,199 | +€4.2m | +445% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.