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Dufinity: what changed

Two fiscal 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

Dufinity

BE 0455.544.464
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€12,963
2024 · €26,481-€39,444
Equity
-€71,460
2024 · -€58,497-€12,963
Cash
€18,591
2024 · €132,303-€113,712
Balance sheet total
€107,809
2024 · €326,898-€219,090

Largest movements

2024 to 2025
Assets
  • Cash -€113,712

    down €113,712 (-85.9%), from €132,303 to €18,591

    mainly Other debts (-€146,292) and Short-term financial debts (-€32,661)

  • Receivables within one year -€101,577

    down €101,577 (-60.1%), from €168,928 to €67,352

    of which Trade receivables: -€101,534

  • Tangible fixed assets -€3,886

    down €3,886 (-50.4%), from €7,708 to €3,822

    of which Furniture and vehicles: -€3,344

Equity and liabilities
  • Other debts -€146,292

    down €146,292 (-65.5%), from €223,198 to €76,907

  • Short-term financial debts -€32,661

    down €32,661 (-72.5%), from €45,067 to €12,406

  • Tax, wage and social debts -€19,506

    down €19,506 (-53.7%), from €36,334 to €16,828

    of which Taxes: -€13,162

  • Profit (loss) carried forward -€12,963

    down €12,963 (-16.8%), from -€77,097 to -€90,060

  • Trade debts -€6,152

    down €6,152 (-8.0%), from €76,874 to €70,722

Income statement
  • Gross operating margin -€208,029

    down €208,029, from €73,170 to -€134,859

  • Financial income +€159,305

    up €159,305 (+70673.4%), from €225 to €159,530

    of which Non-recurring financial income: +€154,738

  • Staff costs -€4,521

    down €4,521 (-13.8%), from €32,695 to €28,174

  • Financial charges -€4,446

    down €4,446 (-51.3%), from €8,667 to €4,221

From the 2024 result to the 2025 result

effect on the 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 2024 €26,481
Gross operating margin -€208,029
Staff costs +€4,521
Depreciation +€955
Other operating charges +€265
Other operating items -€937
Financial income +€159,305
Financial charges +€4,446
Taxes +€29
Result 2025 -€12,963

Cash bridge derived

cash 2024 to 2025

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.

From operations -€85,000
Investment +€3,949
Financing -€32,661
Cash 2024 €132,303
Net result for the year -€12,963
Depreciation +€874
Stocks and contracts -€215
Receivables within one year +€101,577
Deferred charges and accrued income -€807
Trade debts -€6,152
Tax, wage and social debts -€19,506
Advances received -€417
Other debts -€146,292
Accrued charges and deferred income -€1,099
Investment in fixed assets (net) +€3,949
Short-term financial debts -€32,661
Cash 2025 €18,591
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €326,898 €107,809 -€219,090 -67.0%
Fixed assets 21/28 €9,448 €4,625 -€4,823 -51.0%
Tangible fixed assets 22/27 €7,708 €3,822 -€3,886 -50.4%
Plant, machinery and equipment 23 €862 €670 -€192 -22.3%
Furniture and vehicles 24 €3,344 - -€3,344
Other tangible fixed assets 26 €3,502 €3,152 -€350 -10.0%
Financial fixed assets 28 €1,740 €803 -€937 -53.8%
Current assets 29/58 €317,451 €103,184 -€214,267 -67.5%
Stocks and contracts in progress 3 €15,797 €16,012 +€215 +1.4%
Stocks 30/36 €15,797 €16,012 +€215 +1.4%
Amounts receivable within one year 40/41 €168,928 €67,352 -€101,577 -60.1%
Trade receivables 40 €168,837 €67,303 -€101,534 -60.1%
Other amounts receivable 41 €91 €49 -€42 -46.5%
Cash at bank and in hand 54/58 €132,303 €18,591 -€113,712 -85.9%
Deferred charges and accrued income 490/1 €422 €1,229 +€807 +191.3%
Total equity and liabilities 10/49 €326,898 €107,809 -€219,090 -67.0%
Equity 10/15 -€58,497 -€71,460 -€12,963 -22.2%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€77,097 -€90,060 -€12,963 -16.8%
Amounts payable 17/49 €385,395 €179,269 -€206,126 -53.5%
Amounts payable within one year 42/48 €384,230 €179,202 -€205,027 -53.4%
Financial debts 43 €45,067 €12,406 -€32,661 -72.5%
Credit institutions 430/8 €45,067 €12,406 -€32,661 -72.5%
Trade debts 44 €76,874 €70,722 -€6,152 -8.0%
Suppliers 440/4 €76,874 €70,722 -€6,152 -8.0%
Advances received on contracts in progress 46 €2,756 €2,340 -€417 -15.1%
Taxes, remuneration and social security 45 €36,334 €16,828 -€19,506 -53.7%
Taxes 450/3 €29,991 €16,828 -€13,162 -43.9%
Remuneration and social security 454/9 €6,344 - -€6,344
Other amounts payable 47/48 €223,198 €76,907 -€146,292 -65.5%
Accrued charges and deferred income 492/3 €1,166 €67 -€1,099 -94.3%
Remuneration, social security and pensions 62 €32,695 €28,174 -€4,521 -13.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,830 €874 -€955 -52.2%
Other operating charges 640/8 €3,211 €2,946 -€265 -8.2%
Non-recurring operating charges 66A - €937 +€937
Gross operating margin 9900 €73,170 -€134,859 -€208,029
Operating profit (loss) 9901 €35,435 -€167,790 -€203,224
Financial income 75/76B €225 €159,530 +€159,305 +70673.4%
Recurring financial income 75 €225 €4,792 +€4,567 +2025.9%
Non-recurring financial income 76B - €154,738 +€154,738
Financial charges 65/66B €8,667 €4,221 -€4,446 -51.3%
Recurring financial charges 65 €8,667 €4,221 -€4,446 -51.3%
Profit (loss) for the period before taxes 9903 €26,993 -€12,481 -€39,473
Income taxes 67/77 €512 €483 -€29 -5.7%
Profit (loss) for the period 9904 €26,481 -€12,963 -€39,444
Profit (loss) for the period to be appropriated 9905 €26,481 -€12,963 -€39,444

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.