DUFINA: 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.
What changed
DUFINA
NACE 10.130, Manufacture of food products
financial year 2022 against 2024not consecutivefiled annual accounts (NBB)
Net result for the year
€1.5m
2022 · -€123,210+€1.6m
Equity
€1.6m
2022 · €185,436+€1.5m
Cash
€34,387
2022 · €5,201+€29,185
Balance sheet total
€12.9m
2022 · €7.9m+€5.0m
Largest movements
Assets
- Tangible fixed assets +€5.0m
up €5.0m (+455.3%), from €1.1m to €6.0m
of which Leasing and similar rights: +€5.1m
- Financial fixed assets +€2.4m
up €2.4m (+22009.2%), from €11,000 to €2.4m
of which Affiliated companies: +€2.4m
- Receivables within one year -€1.9m
down €1.9m (-63.8%), from €3.0m to €1.1m
of which Other amounts receivable: -€1.6m
- Stocks and contracts -€599,239
down €599,239 (-20.5%), from €2.9m to €2.3m
Equity and liabilities
- Debts after one year +€3.5m
up €3.5m (+556.4%), from €623,099 to €4.1m
- Trade debts -€2.4m
down €2.4m (-41.5%), from €5.7m to €3.4m
- Accrued charges and deferred income +€2.4m
up €2.4m (+30015.0%), from €7,900 to €2.4m
- Profit (loss) carried forward +€926,737
up €926,737, from -€7,181 to €919,556
- Short-term financial debts -€532,021
down €532,021 (-87.9%), from €605,060 to €73,039
Income statement
- Turnover +€10.4m
up €10.4m (+59.2%), from €17.6m to €28.0m
- Goods and materials +€7.1m
up €7.1m (+62.1%), from €11.4m to €18.5m
of which Purchases: +€5.7m
- Services and other goods +€1.6m
up €1.6m (+36.9%), from €4.3m to €5.9m
- Staff costs +€1.4m
up €1.4m (+78.4%), from €1.8m to €3.2m
- Financial charges +€398,712
up €398,712 (+309.1%), from €129,006 to €527,718
From the 2022 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.
Result 2022
-€123,210
Turnover
+€10.4m
Other operating income
+€59,129
Goods and materials
-€7.1m
Services and other goods
-€1.6m
Staff costs
-€1.4m
Depreciation
-€166,478
Write-downs
-€173,062
Other operating charges
-€110,333
Other operating items
+€2.1m
Financial income
+€85,727
Financial charges
-€398,712
Taxes
-€335
Deferred taxes and other
-€175,215
Result 2024
€1.5m
Cash bridge derived
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,919,842 | €12,913,547 | +€5.0m | +63.1% |
| Fixed assets | 21/28 | €1,099,757 | €8,489,907 | +€7.4m | +672.0% |
| Intangible fixed assets | 21 | - | €11,590 | +€11,590 | |
| Tangible fixed assets | 22/27 | €1,088,758 | €6,046,321 | +€5.0m | +455.3% |
| Land and buildings | 22 | €355,827 | €0 | -€355,827 | -100.0% |
| Plant, machinery and equipment | 23 | €516,744 | €766,934 | +€250,190 | +48.4% |
| Furniture and vehicles | 24 | €4,764 | €2,969 | -€1,795 | -37.7% |
| Leasing and similar rights | 25 | €211,423 | €5,276,418 | +€5.1m | +2395.7% |
| Financial fixed assets | 28 | €11,000 | €2,431,996 | +€2.4m | +22009.2% |
| Affiliated companies | 280/1 | €11,000 | €2,428,696 | +€2.4m | +21979.2% |
| Participating interests | 280 | €11,000 | €11,000 | = | 0.0% |
| Amounts receivable | 281 | - | €2,417,696 | +€2.4m | |
| Other financial fixed assets | 284/8 | - | €3,300 | +€3,300 | |
| Amounts receivable and cash guarantees | 285/8 | - | €3,300 | +€3,300 | |
| Current assets | 29/58 | €6,820,084 | €4,423,640 | -€2.4m | -35.1% |
| Amounts receivable after more than one year | 29 | €750,000 | €750,000 | = | 0.0% |
| Trade receivables | 290 | €750,000 | €750,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,925,398 | €2,326,159 | -€599,239 | -20.5% |
| Stocks | 30/36 | €2,925,398 | €2,326,159 | -€599,239 | -20.5% |
| Raw materials and consumables | 30/31 | €2,925,398 | €2,326,159 | -€599,239 | -20.5% |
| Amounts receivable within one year | 40/41 | €3,034,750 | €1,098,003 | -€1.9m | -63.8% |
| Trade receivables | 40 | €1,039,334 | €733,476 | -€305,858 | -29.4% |
| Other amounts receivable | 41 | €1,995,416 | €364,527 | -€1.6m | -81.7% |
| Current investments | 50/53 | €0 | - | = | |
| Other investments | 51/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €5,201 | €34,387 | +€29,185 | +561.2% |
| Deferred charges and accrued income | 490/1 | €104,735 | €215,092 | +€110,357 | +105.4% |
| Total equity and liabilities | 10/49 | €7,919,842 | €12,913,547 | +€5.0m | +63.1% |
| Equity | 10/15 | €185,436 | €1,637,819 | +€1.5m | +783.2% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €42,617 | €568,263 | +€525,646 | +1233.4% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,617 | €553,263 | +€525,646 | +1903.3% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€7,181 | €919,556 | +€926,737 | |
| Provisions and deferred taxes | 16 | - | €175,215 | +€175,215 | |
| Deferred taxes | 168 | - | €175,215 | +€175,215 | |
| Amounts payable | 17/49 | €7,734,405 | €11,100,513 | +€3.4m | +43.5% |
| Amounts payable after more than one year | 17 | €623,099 | €4,090,163 | +€3.5m | +556.4% |
| Financial debts | 170/4 | €623,099 | €4,090,163 | +€3.5m | +556.4% |
| Leasing and similar obligations | 172 | €148,099 | €3,990,163 | +€3.8m | +2594.3% |
| Credit institutions | 173 | €375,000 | €0 | -€375,000 | -100.0% |
| Other loans | 174 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,103,406 | €4,631,268 | -€2.5m | -34.8% |
| Current portion of amounts payable after more than one year | 42 | €240,415 | €173,505 | -€66,910 | -27.8% |
| Financial debts | 43 | €605,060 | €73,039 | -€532,021 | -87.9% |
| Credit institutions | 430/8 | €605,060 | €73,039 | -€532,021 | -87.9% |
| Trade debts | 44 | €5,733,047 | €3,353,460 | -€2.4m | -41.5% |
| Suppliers | 440/4 | €5,733,047 | €3,353,460 | -€2.4m | -41.5% |
| Taxes, remuneration and social security | 45 | €524,884 | €1,031,264 | +€506,379 | +96.5% |
| Taxes | 450/3 | €112,584 | €228,881 | +€116,297 | +103.3% |
| Remuneration and social security | 454/9 | €412,300 | €802,383 | +€390,083 | +94.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €7,900 | €2,379,081 | +€2.4m | +30015.0% |
| Operating income | 70/76A | €17,721,109 | €30,712,308 | +€13.0m | +73.3% |
| Turnover | 70 | €17,609,536 | €28,041,410 | +€10.4m | +59.2% |
| Other operating income | 74 | €71,537 | €130,666 | +€59,129 | +82.7% |
| Non-recurring operating income | 76A | €40,036 | €2,540,233 | +€2.5m | +6244.9% |
| Operating charges | 60/66A | €17,733,667 | €28,660,739 | +€10.9m | +61.6% |
| Goods for resale, raw materials and consumables | 60 | €11,385,168 | €18,451,642 | +€7.1m | +62.1% |
| Purchases | 600/8 | €12,189,624 | €17,852,403 | +€5.7m | +46.5% |
| Change in stocks: decrease (increase) | 609 | -€804,456 | €599,239 | +€1.4m | |
| Services and other goods | 61 | €4,286,683 | €5,869,536 | +€1.6m | +36.9% |
| Remuneration, social security and pensions | 62 | €1,778,513 | €3,173,715 | +€1.4m | +78.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220,143 | €386,621 | +€166,478 | +75.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €173,062 | +€173,062 | |
| Other operating charges | 640/8 | €61,152 | €171,485 | +€110,333 | +180.4% |
| Non-recurring operating charges | 66A | €2,007 | €434,677 | +€432,670 | +21556.6% |
| Operating profit (loss) | 9901 | -€12,558 | €2,051,570 | +€2.1m | |
| Financial income | 75/76B | €20,014 | €105,740 | +€85,727 | +428.3% |
| Recurring financial income | 75 | €20,014 | €105,740 | +€85,727 | +428.3% |
| Income from current assets | 751 | €20,000 | €90,849 | +€70,849 | +354.2% |
| Other financial income | 752/9 | €14 | €14,892 | +€14,878 | +108281.5% |
| Financial charges | 65/66B | €129,006 | €527,718 | +€398,712 | +309.1% |
| Recurring financial charges | 65 | €129,006 | €527,718 | +€398,712 | +309.1% |
| Debt charges | 650 | €58,088 | €485,554 | +€427,466 | +735.9% |
| Other financial charges | 652/9 | €70,918 | €42,164 | -€28,755 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | -€121,551 | €1,629,592 | +€1.8m | |
| Transfer from deferred taxes | 780 | - | €12,285 | +€12,285 | |
| Transfer to deferred taxes | 680 | - | €187,500 | +€187,500 | |
| Income taxes | 67/77 | €1,659 | €1,995 | +€335 | +20.2% |
| Taxes | 670/3 | €1,659 | €1,995 | +€335 | +20.2% |
| Profit (loss) for the period | 9904 | -€123,210 | €1,452,382 | +€1.6m | |
| Transfer from tax-exempt reserves | 789 | €0 | €36,854 | +€36,854 | |
| Transfer to tax-exempt reserves | 689 | - | €562,500 | +€562,500 | |
| Profit (loss) for the period to be appropriated | 9905 | -€123,210 | €926,737 | +€1.0m |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 August 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.