DUGAL: 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.
DUGAL
Largest movements
- Deferred charges and accrued income -€250
no longer reported in 2025 (was €250)
- Profit (loss) carried forward -€3,972
down €3,972 (-3.4%), from -€118,056 to -€122,028
- Other debts +€3,949
up €3,949 (+6.3%), from €63,080 to €67,029
- Trade debts -€488
no longer reported in 2025 (was €488)
- Short-term financial debts +€261
up €261 (+1.4%), from €18,967 to €19,228
- Gross operating margin +€139
up €139 (+12.0%), from -€1,159 to -€1,020
- Financial charges -€28
down €28 (-0.9%), from €2,981 to €2,953
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €250 | - | -€250 | |
| Current assets | 29/58 | €250 | - | -€250 | |
| Deferred charges and accrued income | 490/1 | €250 | - | -€250 | |
| Total equity and liabilities | 10/49 | €250 | €0 | -€250 | -100.0% |
| Equity | 10/15 | -€82,285 | -€86,257 | -€3,972 | -4.8% |
| Contributions | 10/11 | €22,500 | €22,500 | = | 0.0% |
| Reserves | 13 | €13,271 | €13,271 | = | 0.0% |
| Distributable reserves | 133 | €13,271 | €13,271 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,056 | -€122,028 | -€3,972 | -3.4% |
| Amounts payable | 17/49 | €82,535 | €86,257 | +€3,722 | +4.5% |
| Amounts payable within one year | 42/48 | €82,535 | €86,257 | +€3,722 | +4.5% |
| Financial debts | 43 | €18,967 | €19,228 | +€261 | +1.4% |
| Credit institutions | 430/8 | €18,967 | €19,228 | +€261 | +1.4% |
| Trade debts | 44 | €488 | - | -€488 | |
| Suppliers | 440/4 | €488 | - | -€488 | |
| Other amounts payable | 47/48 | €63,080 | €67,029 | +€3,949 | +6.3% |
| Gross operating margin | 9900 | -€1,159 | -€1,020 | +€139 | +12.0% |
| Operating profit (loss) | 9901 | -€1,159 | -€1,020 | +€139 | +12.0% |
| Financial charges | 65/66B | €2,981 | €2,953 | -€28 | -0.9% |
| Recurring financial charges | 65 | €2,981 | €2,953 | -€28 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,140 | -€3,973 | +€167 | +4.0% |
| Profit (loss) for the period | 9904 | -€4,140 | -€3,973 | +€167 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,140 | -€3,973 | +€167 | +4.0% |
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.