DUFOUR: 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
DUFOUR
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€323,330
2024 · €347,417-€24,087
Equity
€3.0m
2024 · €2.9m+€108,330
Cash
€182,954
2024 · €139,764+€43,190
Balance sheet total
€6.6m
2024 · €6.1m+€488,399
Largest movements
Assets
- Tangible fixed assets +€1.6m
up €1.6m (+405.5%), from €403,633 to €2.0m
of which Land and buildings: +€1.6m
- Stocks and contracts -€1.6m
down €1.6m (-39.2%), from €4.0m to €2.4m
- Receivables within one year +€395,717
up €395,717 (+26.3%), from €1.5m to €1.9m
of which Other amounts receivable: +€425,699
Equity and liabilities
- Debts after one year +€1.2m
up €1.2m (+380.2%), from €327,051 to €1.6m
of which Financial debts: +€1.2m
- Trade debts -€1.1m
down €1.1m (-52.0%), from €2.2m to €1.0m
- Current portion of long-term debt +€278,516
up €278,516 (+821.9%), from €33,885 to €312,401
- Reserves +€108,330
up €108,330 (+3.9%), from €2.8m to €2.9m
of which Distributable reserves: +€108,330
Income statement
- Staff costs +€46,521
up €46,521 (+3.5%), from €1.3m to €1.4m
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.
Result 2024
€347,417
Gross operating margin
+€6,762
Staff costs
-€46,521
Depreciation
-€5,325
Other operating charges
+€17,699
Other operating items
-€100
Financial income
+€11,712
Financial charges
-€18,892
Taxes
+€10,578
Result 2025
€323,330
Cash bridge derived
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
+€454,886
Investment
-€1.7m
Financing
+€1.3m
Cash 2024
€139,764
From operations (derived)
+€454,886
Net result for the year
+€323,330
Depreciation
+€54,196
Stocks and contracts
+€1.6m
Receivables within one year
-€395,717
Deferred charges and accrued income
+€50,215
Trade debts
-€1.1m
Tax, wage and social debts
+€5,705
Other debts
-€30,621
Accrued charges and deferred income
+€5,560
Investment (derived)
-€1.7m
Investment in fixed assets (net)
-€1.7m
Financing
+€1.3m
Debts after one year
+€1.2m
Current portion of long-term debt
+€278,516
Contributions, distributions and other
-€215,000
Cash 2025
€182,954
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,097,298 | €6,585,697 | +€488,399 | +8.0% |
| Fixed assets | 21/28 | €404,558 | €2,068,897 | +€1.7m | +411.4% |
| Tangible fixed assets | 22/27 | €403,633 | €2,040,472 | +€1.6m | +405.5% |
| Land and buildings | 22 | €242,625 | €1,848,150 | +€1.6m | +661.7% |
| Plant, machinery and equipment | 23 | €147,520 | €138,728 | -€8,792 | -6.0% |
| Furniture and vehicles | 24 | €1,510 | €1,007 | -€503 | -33.3% |
| Other tangible fixed assets | 26 | €11,978 | €52,587 | +€40,609 | +339.0% |
| Financial fixed assets | 28 | €925 | €28,425 | +€27,500 | +2973.0% |
| Current assets | 29/58 | €5,692,740 | €4,516,800 | -€1.2m | -20.7% |
| Stocks and contracts in progress | 3 | €3,989,380 | €2,424,748 | -€1.6m | -39.2% |
| Stocks | 30/36 | €3,989,380 | €2,424,748 | -€1.6m | -39.2% |
| Amounts receivable within one year | 40/41 | €1,506,007 | €1,901,724 | +€395,717 | +26.3% |
| Trade receivables | 40 | €668,197 | €638,215 | -€29,982 | -4.5% |
| Other amounts receivable | 41 | €837,810 | €1,263,509 | +€425,699 | +50.8% |
| Cash at bank and in hand | 54/58 | €139,764 | €182,954 | +€43,190 | +30.9% |
| Deferred charges and accrued income | 490/1 | €57,589 | €7,374 | -€50,215 | -87.2% |
| Total equity and liabilities | 10/49 | €6,097,298 | €6,585,697 | +€488,399 | +8.0% |
| Equity | 10/15 | €2,897,672 | €3,006,002 | +€108,330 | +3.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €2,797,266 | €2,905,596 | +€108,330 | +3.9% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €2,787,266 | €2,895,596 | +€108,330 | +3.9% |
| Profit (loss) carried forward | 14 | €406 | €406 | = | 0.0% |
| Amounts payable | 17/49 | €3,199,626 | €3,579,695 | +€380,069 | +11.9% |
| Amounts payable after more than one year | 17 | €327,051 | €1,570,374 | +€1.2m | +380.2% |
| Financial debts | 170/4 | €71,051 | €1,314,374 | +€1.2m | +1749.9% |
| Other amounts payable | 178/9 | €256,000 | €256,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,871,466 | €2,002,652 | -€868,814 | -30.3% |
| Current portion of amounts payable after more than one year | 42 | €33,885 | €312,401 | +€278,516 | +821.9% |
| Trade debts | 44 | €2,159,748 | €1,037,334 | -€1.1m | -52.0% |
| Suppliers | 440/4 | €2,159,748 | €1,037,334 | -€1.1m | -52.0% |
| Taxes, remuneration and social security | 45 | €219,658 | €225,363 | +€5,705 | +2.6% |
| Taxes | 450/3 | €65,783 | €116,110 | +€50,327 | +76.5% |
| Remuneration and social security | 454/9 | €153,875 | €109,253 | -€44,622 | -29.0% |
| Other amounts payable | 47/48 | €458,175 | €427,554 | -€30,621 | -6.7% |
| Accrued charges and deferred income | 492/3 | €1,109 | €6,669 | +€5,560 | +501.4% |
| Non-recurring operating income | 76A | - | €1,374 | +€1,374 | |
| Remuneration, social security and pensions | 62 | €1,318,718 | €1,365,239 | +€46,521 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,871 | €54,196 | +€5,325 | +10.9% |
| Other operating charges | 640/8 | €45,387 | €27,688 | -€17,699 | -39.0% |
| Non-recurring operating charges | 66A | - | €100 | +€100 | |
| Gross operating margin | 9900 | €1,919,163 | €1,925,925 | +€6,762 | +0.4% |
| Operating profit (loss) | 9901 | €506,187 | €478,702 | -€27,485 | -5.4% |
| Financial income | 75/76B | €2,068 | €13,780 | +€11,712 | +566.3% |
| Recurring financial income | 75 | €2,068 | €13,780 | +€11,712 | +566.3% |
| Financial charges | 65/66B | €32,240 | €51,132 | +€18,892 | +58.6% |
| Recurring financial charges | 65 | €32,240 | €51,132 | +€18,892 | +58.6% |
| Profit (loss) for the period before taxes | 9903 | €476,015 | €441,350 | -€34,665 | -7.3% |
| Income taxes | 67/77 | €128,598 | €118,020 | -€10,578 | -8.2% |
| Profit (loss) for the period | 9904 | €347,417 | €323,330 | -€24,087 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €347,417 | €323,330 | -€24,087 | -6.9% |
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 8 October 2026 via checked.be.