DUFOUR ERIC: 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.
DUFOUR ERIC
Largest movements
- Receivables within one year -€56,606
down €56,606 (-67.7%), from €83,566 to €26,959
of which Trade receivables: -€54,278
- Tangible fixed assets +€1,792
up €1,792 (+15.5%), from €11,523 to €13,314
of which Plant, machinery and equipment: +€8,590
- Reserves -€20,842
down €20,842 (-45.0%), from €46,325 to €25,483
of which Distributable reserves: -€18,982
- Trade debts -€19,119
down €19,119 (-47.3%), from €40,390 to €21,271
- Profit (loss) carried forward -€15,853
new in 2025: -€15,853
- Other debts +€2,911
up €2,911 (+510.5%), from €570 to €3,481
- Tax, wage and social debts -€1,578
down €1,578 (-46.8%), from €3,374 to €1,795
of which Taxes: -€1,795
- Gross operating margin +€11,074
up €11,074 (+23.7%), from €46,767 to €57,841
- Staff costs +€9,135
up €9,135 (+13.9%), from €65,746 to €74,881
- Financial charges +€5,064
up €5,064 (+495.7%), from €1,021 to €6,085
- Depreciation -€4,568
down €4,568 (-54.2%), from €8,425 to €3,857
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,259 | €54,778 | -€54,481 | -49.9% |
| Fixed assets | 21/28 | €11,723 | €13,514 | +€1,792 | +15.3% |
| Tangible fixed assets | 22/27 | €11,523 | €13,314 | +€1,792 | +15.5% |
| Plant, machinery and equipment | 23 | €117 | €8,708 | +€8,590 | +7312.7% |
| Furniture and vehicles | 24 | €11,405 | €4,606 | -€6,799 | -59.6% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €97,537 | €41,264 | -€56,273 | -57.7% |
| Amounts receivable within one year | 40/41 | €83,566 | €26,959 | -€56,606 | -67.7% |
| Trade receivables | 40 | €80,319 | €26,041 | -€54,278 | -67.6% |
| Other amounts receivable | 41 | €3,246 | €918 | -€2,328 | -71.7% |
| Cash at bank and in hand | 54/58 | €13,093 | €13,291 | +€198 | +1.5% |
| Deferred charges and accrued income | 490/1 | €878 | €1,014 | +€135 | +15.4% |
| Total equity and liabilities | 10/49 | €109,259 | €54,778 | -€54,481 | -49.9% |
| Equity | 10/15 | €64,925 | €28,230 | -€36,695 | -56.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €46,325 | €25,483 | -€20,842 | -45.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €44,465 | €25,483 | -€18,982 | -42.7% |
| Profit (loss) carried forward | 14 | - | -€15,853 | -€15,853 | |
| Amounts payable | 17/49 | €44,334 | €26,548 | -€17,786 | -40.1% |
| Amounts payable within one year | 42/48 | €44,334 | €26,548 | -€17,786 | -40.1% |
| Trade debts | 44 | €40,390 | €21,271 | -€19,119 | -47.3% |
| Suppliers | 440/4 | €40,390 | €21,271 | -€19,119 | -47.3% |
| Taxes, remuneration and social security | 45 | €3,374 | €1,795 | -€1,578 | -46.8% |
| Taxes | 450/3 | €1,795 | - | -€1,795 | |
| Remuneration and social security | 454/9 | €1,579 | €1,795 | +€216 | +13.7% |
| Other amounts payable | 47/48 | €570 | €3,481 | +€2,911 | +510.5% |
| Remuneration, social security and pensions | 62 | €65,746 | €74,881 | +€9,135 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,425 | €3,857 | -€4,568 | -54.2% |
| Other operating charges | 640/8 | €7,278 | €7,326 | +€48 | +0.7% |
| Non-recurring operating charges | 66A | €4,508 | €2,387 | -€2,121 | -47.0% |
| Gross operating margin | 9900 | €46,767 | €57,841 | +€11,074 | +23.7% |
| Operating profit (loss) | 9901 | -€39,191 | -€30,610 | +€8,580 | +21.9% |
| Financial income | 75/76B | €108 | €0 | -€108 | -99.9% |
| Recurring financial income | 75 | €108 | €0 | -€108 | -99.9% |
| Financial charges | 65/66B | €1,021 | €6,085 | +€5,064 | +495.7% |
| Recurring financial charges | 65 | €1,021 | €6,085 | +€5,064 | +495.7% |
| Profit (loss) for the period before taxes | 9903 | -€40,104 | -€36,695 | +€3,408 | +8.5% |
| Income taxes | 67/77 | €433 | - | -€433 | |
| Profit (loss) for the period | 9904 | -€40,537 | -€36,695 | +€3,841 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,537 | -€36,695 | +€3,841 | +9.5% |
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 3 October 2026 via checked.be.