DUFSUN: 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.
DUFSUN
Largest movements
- Receivables within one year +€251,758
up €251,758 (+255%), from €98,632 to €350,390
of which Trade receivables: +€249,628
- Cash -€214,028
down €214,028 (-44.9%), from €476,767 to €262,739
mainly Receivables within one year (-€251,758) and Net result for the year (-€110,092)
- Deferred charges and accrued income -€167,628
down €167,628 (-100%), from €167,628 to €0
- Reserves -€110,092
down €110,092 (-16.3%), from €675,035 to €564,944
- Gross operating margin -€92,494
down €92,494 (-71.8%), from €128,775 to €36,281
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 | €2,547,002 | €2,399,093 | -€147,909 | -5.8% |
| Fixed assets | 21/28 | €1,803,974 | €1,785,963 | -€18,011 | -1.0% |
| Tangible fixed assets | 22/27 | €288,175 | €270,164 | -€18,011 | -6.2% |
| Land and buildings | 22 | €288,175 | €270,164 | -€18,011 | -6.2% |
| Financial fixed assets | 28 | €1,515,799 | €1,515,799 | = | 0.0% |
| Current assets | 29/58 | €743,027 | €613,130 | -€129,898 | -17.5% |
| Amounts receivable within one year | 40/41 | €98,632 | €350,390 | +€251,758 | +255% |
| Trade receivables | 40 | €98,325 | €347,953 | +€249,628 | +254% |
| Other amounts receivable | 41 | €307 | €2,437 | +€2,130 | +693% |
| Cash at bank and in hand | 54/58 | €476,767 | €262,739 | -€214,028 | -44.9% |
| Deferred charges and accrued income | 490/1 | €167,628 | €0 | -€167,628 | -100% |
| Total equity and liabilities | 10/49 | €2,547,002 | €2,399,093 | -€147,909 | -5.8% |
| Equity | 10/15 | €693,635 | €583,544 | -€110,092 | -15.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €675,035 | €564,944 | -€110,092 | -16.3% |
| Distributable reserves | 133 | €675,035 | €564,944 | -€110,092 | -16.3% |
| Provisions and deferred taxes | 16 | €1,340,490 | €1,330,588 | -€9,902 | -0.7% |
| Provisions for liabilities and charges | 160/5 | €1,340,490 | €1,330,588 | -€9,902 | -0.7% |
| Other liabilities and charges | 164/5 | €1,340,490 | €1,330,588 | -€9,902 | -0.7% |
| Amounts payable | 17/49 | €512,877 | €484,962 | -€27,915 | -5.4% |
| Amounts payable within one year | 42/48 | €512,877 | €484,962 | -€27,915 | -5.4% |
| Trade debts | 44 | €4,201 | €1,954 | -€2,246 | -53.5% |
| Suppliers | 440/4 | €4,201 | €1,954 | -€2,246 | -53.5% |
| Taxes, remuneration and social security | 45 | €3,243 | €827 | -€2,416 | -74.5% |
| Taxes | 450/3 | €142 | €827 | +€685 | +482% |
| Remuneration and social security | 454/9 | €3,101 | €0 | -€3,101 | -100% |
| Other amounts payable | 47/48 | €505,433 | €482,181 | -€23,253 | -4.6% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,011 | €18,011 | = | 0.0% |
| Other operating charges | 640/8 | €1,069 | €1,615 | +€545 | +51.0% |
| Gross operating margin | 9900 | €128,775 | €36,281 | -€92,494 | -71.8% |
| Operating profit (loss) | 9901 | €109,695 | €16,655 | -€93,040 | -84.8% |
| Financial income | 75/76B | €0 | €76 | +€76 | |
| Recurring financial income | 75 | €0 | €76 | +€76 | |
| Financial charges | 65/66B | €127,017 | €125,960 | -€1,057 | -0.8% |
| Recurring financial charges | 65 | €127,017 | €125,960 | -€1,057 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | -€17,322 | -€109,229 | -€91,907 | -531% |
| Income taxes | 67/77 | €217 | €862 | +€645 | +297% |
| Profit (loss) for the period | 9904 | -€17,539 | -€110,092 | -€92,552 | -528% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,539 | -€110,092 | -€92,552 | -528% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.