DUFINCO: 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.
DUFINCO
Largest movements
- Cash -€4.0m
down €4.0m (-98.4%), from €4.1m to €65,512
mainly Investment in fixed assets (net) (-€3.9m) and Net result for the year (-€639,438)
- Financial fixed assets +€3.9m
up €3.9m (+10.5%), from €36.8m to €40.7m
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€45.2m
down €45.2m (-96.1%), from €47.0m to €1.8m
- Taxes -€4.0m
down €4.0m (-99.9%), from €4.0m to €2,312
- Turnover +€50,800
up €50,800 (+10.0%), from €508,000 to €558,800
- Purchases and services +€49,058
up €49,058 (+55.5%), from €88,416 to €137,474
- Financial charges -€26,413
down €26,413 (-0.9%), from €2.9m to €2.9m
of which Financial charges: -€703,556
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 | €111,434,079 | €110,413,553 | -€1.0m | -0.9% |
| Fixed assets | 21/28 | €37,529,595 | €41,392,479 | +€3.9m | +10.3% |
| Tangible fixed assets | 22/27 | €723,483 | €713,155 | -€10,328 | -1.4% |
| Land and buildings | 22 | €303,008 | €299,666 | -€3,342 | -1.1% |
| Furniture and vehicles | 24 | €7,503 | €517 | -€6,986 | -93.1% |
| Other tangible fixed assets | 26 | €412,972 | €412,972 | = | 0.0% |
| Financial fixed assets | 28 | €36,806,112 | €40,679,324 | +€3.9m | +10.5% |
| Current assets | 29/58 | €73,904,484 | €69,021,074 | -€4.9m | -6.6% |
| Amounts receivable after more than one year | 29 | €3,340,000 | €3,140,000 | -€200,000 | -6.0% |
| Other amounts receivable | 291 | €3,340,000 | €3,140,000 | -€200,000 | -6.0% |
| Amounts receivable within one year | 40/41 | €928,081 | €623,407 | -€304,674 | -32.8% |
| Other amounts receivable | 41 | €928,081 | €623,407 | -€304,674 | -32.8% |
| Current investments | 50/53 | €65,549,543 | €65,188,920 | -€360,623 | -0.6% |
| Cash at bank and in hand | 54/58 | €4,083,989 | €65,512 | -€4.0m | -98.4% |
| Deferred charges and accrued income | 490/1 | €2,871 | €3,235 | +€364 | +12.7% |
| Total equity and liabilities | 10/49 | €111,434,079 | €110,413,553 | -€1.0m | -0.9% |
| Equity | 10/15 | €107,499,331 | €106,859,893 | -€639,438 | -0.6% |
| Contributions | 10/11 | €40,859,000 | €40,859,000 | = | 0.0% |
| Contributions outside capital | 11 | €40,859,000 | €40,859,000 | = | 0.0% |
| Other | 1109/19 | €40,859,000 | €40,859,000 | = | 0.0% |
| Reserves | 13 | €66,640,331 | €66,000,893 | -€639,438 | -1.0% |
| Distributable reserves | 133 | €66,640,331 | €66,000,893 | -€639,438 | -1.0% |
| Amounts payable | 17/49 | €3,934,748 | €3,553,660 | -€381,088 | -9.7% |
| Amounts payable within one year | 42/48 | €3,934,748 | €3,553,660 | -€381,088 | -9.7% |
| Trade debts | 44 | €8,170 | €1,980 | -€6,190 | -75.8% |
| Suppliers | 440/4 | €8,170 | €1,980 | -€6,190 | -75.8% |
| Taxes, remuneration and social security | 45 | €3,545,462 | €3,546,554 | +€1,092 | 0.0% |
| Taxes | 450/3 | €3,545,462 | €3,546,554 | +€1,092 | 0.0% |
| Other amounts payable | 47/48 | €381,116 | €5,126 | -€375,990 | -98.7% |
| Turnover | 70 | €508,000 | €558,800 | +€50,800 | +10.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €88,416 | €137,474 | +€49,058 | +55.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,328 | €10,328 | = | 0.0% |
| Other operating charges | 640/8 | €1,859 | €358 | -€1,501 | -80.7% |
| Gross operating margin | 9900 | €419,584 | €421,326 | +€1,742 | +0.4% |
| Operating profit (loss) | 9901 | €407,397 | €410,640 | +€3,243 | +0.8% |
| Financial income | 75/76B | €47,000,699 | €1,829,514 | -€45.2m | -96.1% |
| Recurring financial income | 75 | €47,000,699 | €1,829,514 | -€45.2m | -96.1% |
| Financial charges | 65/66B | €2,903,693 | €2,877,280 | -€26,413 | -0.9% |
| Recurring financial charges | 65 | €755,098 | €51,542 | -€703,556 | -93.2% |
| Non-recurring financial charges | 66B | €2,148,595 | €2,825,738 | +€677,143 | +31.5% |
| Profit (loss) for the period before taxes | 9903 | €44,504,403 | -€637,126 | -€45.1m | |
| Income taxes | 67/77 | €4,046,878 | €2,312 | -€4.0m | -99.9% |
| Profit (loss) for the period | 9904 | €40,457,525 | -€639,438 | -€41.1m | |
| Profit (loss) for the period to be appropriated | 9905 | €40,457,525 | -€639,438 | -€41.1m |
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 18 October 2026 via checked.be.