DUFOURMONT: 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.
DUFOURMONT
Largest movements
- Receivables within one year -€21,181
down €21,181 (-82.5%), from €25,660 to €4,479
of which Trade receivables: -€20,741
- Tangible fixed assets -€6,129
down €6,129 (-35.9%), from €17,053 to €10,924
of which Plant, machinery and equipment: -€4,245
- Cash -€6,006
down €6,006 (-81.6%), from €7,358 to €1,351
mainly Net result for the year (-€23,412) and Trade debts (-€10,638)
- Intangible fixed assets -€590
down €590 (-21.2%), from €2,788 to €2,198
- Reserves -€15,566
down €15,566 (-100.0%), from €15,566 to €0
- Trade debts -€10,638
down €10,638 (-86.5%), from €12,304 to €1,666
- Profit (loss) carried forward -€7,846
new in 2025: -€7,846
- Tax, wage and social debts -€1,686
down €1,686 (-59.9%), from €2,813 to €1,127
- Other debts +€1,592
up €1,592 (+6.9%), from €23,163 to €24,755
- Gross operating margin -€40,061
down €40,061, from €26,165 to -€13,896
- Taxes -€4,361
down €4,361 (-97.1%), from €4,493 to €132
- Depreciation +€2,468
up €2,468 (+46.2%), from €5,345 to €7,813
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 | €54,896 | €20,844 | -€34,052 | -62.0% |
| Formation expenses | 20 | €953 | €524 | -€430 | -45.1% |
| Fixed assets | 21/28 | €19,842 | €13,123 | -€6,719 | -33.9% |
| Intangible fixed assets | 21 | €2,788 | €2,198 | -€590 | -21.2% |
| Tangible fixed assets | 22/27 | €17,053 | €10,924 | -€6,129 | -35.9% |
| Plant, machinery and equipment | 23 | €10,229 | €5,984 | -€4,245 | -41.5% |
| Furniture and vehicles | 24 | €6,824 | €4,941 | -€1,884 | -27.6% |
| Current assets | 29/58 | €34,101 | €7,197 | -€26,904 | -78.9% |
| Amounts receivable within one year | 40/41 | €25,660 | €4,479 | -€21,181 | -82.5% |
| Trade receivables | 40 | €25,149 | €4,408 | -€20,741 | -82.5% |
| Other amounts receivable | 41 | €511 | €71 | -€439 | -86.0% |
| Cash at bank and in hand | 54/58 | €7,358 | €1,351 | -€6,006 | -81.6% |
| Deferred charges and accrued income | 490/1 | €1,083 | €1,366 | +€283 | +26.1% |
| Total equity and liabilities | 10/49 | €54,896 | €20,844 | -€34,052 | -62.0% |
| Equity | 10/15 | €16,566 | -€6,846 | -€23,412 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €15,566 | €0 | -€15,566 | -100.0% |
| Distributable reserves | 133 | €15,566 | €0 | -€15,566 | -100.0% |
| Profit (loss) carried forward | 14 | - | -€7,846 | -€7,846 | |
| Amounts payable | 17/49 | €38,330 | €27,690 | -€10,640 | -27.8% |
| Amounts payable within one year | 42/48 | €38,330 | €27,690 | -€10,640 | -27.8% |
| Financial debts | 43 | €51 | €142 | +€91 | +180.3% |
| Credit institutions | 430/8 | €51 | €142 | +€91 | +180.3% |
| Trade debts | 44 | €12,304 | €1,666 | -€10,638 | -86.5% |
| Suppliers | 440/4 | €12,304 | €1,666 | -€10,638 | -86.5% |
| Taxes, remuneration and social security | 45 | €2,813 | €1,127 | -€1,686 | -59.9% |
| Taxes | 450/3 | €2,813 | €1,127 | -€1,686 | -59.9% |
| Other amounts payable | 47/48 | €23,163 | €24,755 | +€1,592 | +6.9% |
| Non-recurring operating income | 76A | €1,231 | €2,985 | +€1,754 | +142.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,345 | €7,813 | +€2,468 | +46.2% |
| Other operating charges | 640/8 | €730 | €836 | +€106 | +14.5% |
| Non-recurring operating charges | 66A | - | €600 | +€600 | |
| Gross operating margin | 9900 | €26,165 | -€13,896 | -€40,061 | |
| Operating profit (loss) | 9901 | €20,090 | -€23,145 | -€43,235 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €31 | €135 | +€104 | +340.4% |
| Recurring financial charges | 65 | €31 | €135 | +€104 | +340.4% |
| Profit (loss) for the period before taxes | 9903 | €20,059 | -€23,280 | -€43,339 | |
| Income taxes | 67/77 | €4,493 | €132 | -€4,361 | -97.1% |
| Profit (loss) for the period | 9904 | €15,566 | -€23,412 | -€38,978 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,566 | -€23,412 | -€38,978 |
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 7 October 2026 via checked.be.