DUFFY EKBERG STABLES: 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.
DUFFY EKBERG STABLES
Largest movements
- Stocks and contracts +€400,550
up €400,550 (+178%), from €225,425 to €625,975
- Tangible fixed assets +€180,772
up €180,772 (+100.0%), from €180,856 to €361,628
of which Furniture and vehicles: +€188,457
- Cash +€157,639
up €157,639 (+95.2%), from €165,554 to €323,192
mainly Net result for the year (+€557,313) and Tax, wage and social debts (+€206,559)
- Receivables within one year +€94,212
up €94,212 (+501%), from €18,794 to €113,005
of which Other amounts receivable: +€85,122
- Reserves +€557,313
up €557,313 (+111%), from €501,651 to €1.1m
- Tax, wage and social debts +€206,559
up €206,559 (+516%), from €40,034 to €246,592
of which Taxes: +€203,887
- Trade debts +€64,992
up €64,992 (+1,324%), from €4,909 to €69,901
- Gross operating margin +€523,745
up €523,745 (+132%), from €397,059 to €920,803
- Taxes +€148,285
up €148,285 (+191%), from €77,803 to €226,088
- Staff costs +€25,519
up €25,519 (+68.4%), from €37,285 to €62,804
- Depreciation +€15,071
up €15,071 (+30.3%), from €49,708 to €64,779
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 | €598,719 | €1,429,870 | +€831,152 | +139% |
| Fixed assets | 21/28 | €186,721 | €367,493 | +€180,772 | +96.8% |
| Tangible fixed assets | 22/27 | €180,856 | €361,628 | +€180,772 | +100.0% |
| Land and buildings | 22 | €78,328 | €68,304 | -€10,024 | -12.8% |
| Plant, machinery and equipment | 23 | €25,994 | €28,333 | +€2,339 | +9.0% |
| Furniture and vehicles | 24 | €76,535 | €264,991 | +€188,457 | +246% |
| Financial fixed assets | 28 | €5,865 | €5,865 | = | 0.0% |
| Current assets | 29/58 | €411,998 | €1,062,378 | +€650,380 | +158% |
| Stocks and contracts in progress | 3 | €225,425 | €625,975 | +€400,550 | +178% |
| Stocks | 30/36 | €225,425 | €625,975 | +€400,550 | +178% |
| Amounts receivable within one year | 40/41 | €18,794 | €113,005 | +€94,212 | +501% |
| Trade receivables | 40 | €14,411 | €23,500 | +€9,089 | +63.1% |
| Other amounts receivable | 41 | €4,383 | €89,505 | +€85,122 | +1,942% |
| Cash at bank and in hand | 54/58 | €165,554 | €323,192 | +€157,639 | +95.2% |
| Deferred charges and accrued income | 490/1 | €2,225 | €205 | -€2,020 | -90.8% |
| Total equity and liabilities | 10/49 | €598,719 | €1,429,870 | +€831,152 | +139% |
| Equity | 10/15 | €551,651 | €1,108,964 | +€557,313 | +101% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €501,651 | €1,058,964 | +€557,313 | +111% |
| Distributable reserves | 133 | €501,651 | €1,058,964 | +€557,313 | +111% |
| Amounts payable | 17/49 | €47,068 | €320,907 | +€273,839 | +582% |
| Amounts payable within one year | 42/48 | €44,943 | €316,494 | +€271,551 | +604% |
| Trade debts | 44 | €4,909 | €69,901 | +€64,992 | +1,324% |
| Suppliers | 440/4 | €4,909 | €69,901 | +€64,992 | +1,324% |
| Taxes, remuneration and social security | 45 | €40,034 | €246,592 | +€206,559 | +516% |
| Taxes | 450/3 | €37,160 | €241,047 | +€203,887 | +549% |
| Remuneration and social security | 454/9 | €2,874 | €5,546 | +€2,672 | +93.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €2,125 | €4,413 | +€2,288 | +108% |
| Remuneration, social security and pensions | 62 | €37,285 | €62,804 | +€25,519 | +68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,708 | €64,779 | +€15,071 | +30.3% |
| Other operating charges | 640/8 | €8,796 | €8,671 | -€126 | -1.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €397,059 | €920,803 | +€523,745 | +132% |
| Operating profit (loss) | 9901 | €301,270 | €784,550 | +€483,280 | +160% |
| Financial income | 75/76B | €291 | €1,385 | +€1,094 | +376% |
| Recurring financial income | 75 | €291 | €1,385 | +€1,094 | +376% |
| Financial charges | 65/66B | €1,671 | €2,535 | +€864 | +51.7% |
| Recurring financial charges | 65 | €1,671 | €2,535 | +€864 | +51.7% |
| Profit (loss) for the period before taxes | 9903 | €299,890 | €783,400 | +€483,510 | +161% |
| Income taxes | 67/77 | €77,803 | €226,088 | +€148,285 | +191% |
| Profit (loss) for the period | 9904 | €222,088 | €557,313 | +€335,225 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €222,088 | €557,313 | +€335,225 | +151% |
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 26 October 2026 via checked.be.