DUGU: 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.
What changed
DUGU
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€375,570
2024 · €379,545-€3,975
Equity
€1.9m
2024 · €2.0m-€124,430
Cash
€227,064
2024 · €172,731+€54,333
Balance sheet total
€5.6m
2024 · €5.3m+€353,140
Largest movements
Assets
- Current investments +€384,140
up €384,140 (+21.7%), from €1.8m to €2.2m
- Tangible fixed assets -€224,431
down €224,431 (-7.6%), from €3.0m to €2.7m
- Receivables within one year +€112,204
up €112,204 (+156%), from €71,972 to €184,176
of which Trade receivables: +€93,448
Equity and liabilities
- Other debts +€579,269
up €579,269 (+24.8%), from €2.3m to €2.9m
- Debts after one year -€183,277
down €183,277 (-65.3%), from €280,696 to €97,419
- Reserves -€124,430
down €124,430 (-8.0%), from €1.5m to €1.4m
of which Distributable reserves: -€91,394
- Trade debts +€83,759
up €83,759 (+35.0%), from €239,334 to €323,093
Income statement
No income-statement line moved by more than 1% of the activity.
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
€379,545
Gross operating margin
-€47,034
Staff costs
-€31,964
Depreciation
-€1,372
Write-downs
+€55,757
Other operating charges
-€1,054
Financial income
+€29,562
Financial charges
+€2,034
Taxes
-€9,904
Result 2025
€375,570
raises the resultlowers the result
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.
From operations
+€1.1m
Investment
-€385,081
Financing
-€682,443
Cash 2024
€172,731
From operations (derived)
+€1.1m
Net result for the year
+€375,570
Depreciation
+€224,431
Stocks and contracts
-€25,953
Receivables within one year
-€112,204
Provisions
-€11,012
Trade debts
+€83,759
Tax, wage and social debts
+€7,997
Other debts
+€579,269
Investment (derived)
-€385,081
Investment in fixed assets (net)
-€941
Current investments
-€384,140
Financing
-€682,443
Debts after one year
-€183,277
Current portion of long-term debt
+€834
Contributions, distributions and other
-€500,000
Cash 2025
€227,064
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,279,486 | €5,632,626 | +€353,140 | +6.7% |
| Fixed assets | 21/28 | €2,976,889 | €2,753,399 | -€223,490 | -7.5% |
| Tangible fixed assets | 22/27 | €2,966,594 | €2,742,163 | -€224,431 | -7.6% |
| Land and buildings | 22 | €2,725,287 | €2,621,143 | -€104,144 | -3.8% |
| Plant, machinery and equipment | 23 | €216,864 | €107,299 | -€109,565 | -50.5% |
| Furniture and vehicles | 24 | €24,443 | €13,721 | -€10,722 | -43.9% |
| Financial fixed assets | 28 | €10,295 | €11,236 | +€941 | +9.1% |
| Current assets | 29/58 | €2,302,597 | €2,879,227 | +€576,630 | +25.0% |
| Stocks and contracts in progress | 3 | €289,010 | €314,963 | +€25,953 | +9.0% |
| Stocks | 30/36 | €289,010 | €314,963 | +€25,953 | +9.0% |
| Amounts receivable within one year | 40/41 | €71,972 | €184,176 | +€112,204 | +156% |
| Trade receivables | 40 | €60,728 | €154,176 | +€93,448 | +154% |
| Other amounts receivable | 41 | €11,244 | €30,000 | +€18,756 | +167% |
| Current investments | 50/53 | €1,768,884 | €2,153,024 | +€384,140 | +21.7% |
| Cash at bank and in hand | 54/58 | €172,731 | €227,064 | +€54,333 | +31.5% |
| Total equity and liabilities | 10/49 | €5,279,486 | €5,632,626 | +€353,140 | +6.7% |
| Equity | 10/15 | €2,030,134 | €1,905,704 | -€124,430 | -6.1% |
| Contributions | 10/11 | €481,536 | €481,536 | = | 0.0% |
| Reserves | 13 | €1,548,598 | €1,424,168 | -€124,430 | -8.0% |
| Non-distributable reserves | 130/1 | €34 | €34 | = | 0.0% |
| Other | 1319 | €34 | €34 | = | 0.0% |
| Tax-exempt reserves | 132 | €495,544 | €462,508 | -€33,036 | -6.7% |
| Distributable reserves | 133 | €1,053,020 | €961,626 | -€91,394 | -8.7% |
| Provisions and deferred taxes | 16 | €165,181 | €154,169 | -€11,012 | -6.7% |
| Deferred taxes | 168 | €165,181 | €154,169 | -€11,012 | -6.7% |
| Amounts payable | 17/49 | €3,084,171 | €3,572,753 | +€488,582 | +15.8% |
| Amounts payable after more than one year | 17 | €280,696 | €97,419 | -€183,277 | -65.3% |
| Financial debts | 170/4 | €280,696 | €97,419 | -€183,277 | -65.3% |
| Amounts payable within one year | 42/48 | €2,803,475 | €3,475,334 | +€671,859 | +24.0% |
| Current portion of amounts payable after more than one year | 42 | €182,443 | €183,277 | +€834 | +0.5% |
| Trade debts | 44 | €239,334 | €323,093 | +€83,759 | +35.0% |
| Suppliers | 440/4 | €239,334 | €323,093 | +€83,759 | +35.0% |
| Taxes, remuneration and social security | 45 | €45,361 | €53,358 | +€7,997 | +17.6% |
| Taxes | 450/3 | €12,146 | €18,522 | +€6,376 | +52.5% |
| Remuneration and social security | 454/9 | €33,215 | €34,836 | +€1,621 | +4.9% |
| Other amounts payable | 47/48 | €2,336,337 | €2,915,606 | +€579,269 | +24.8% |
| Turnover | 70 | €6,838,160 | €6,792,598 | -€45,562 | -0.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,652,552 | €5,648,008 | -€4,544 | -0.1% |
| Remuneration, social security and pensions | 62 | €372,330 | €404,294 | +€31,964 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €223,059 | €224,431 | +€1,372 | +0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €86,026 | €30,269 | -€55,757 | -64.8% |
| Other operating charges | 640/8 | €25,345 | €26,399 | +€1,054 | +4.2% |
| Gross operating margin | 9900 | €1,224,135 | €1,177,101 | -€47,034 | -3.8% |
| Operating profit (loss) | 9901 | €517,375 | €491,708 | -€25,667 | -5.0% |
| Financial income | 75/76B | €31,147 | €60,709 | +€29,562 | +94.9% |
| Recurring financial income | 75 | €31,147 | €60,709 | +€29,562 | +94.9% |
| Financial charges | 65/66B | €44,796 | €42,762 | -€2,034 | -4.5% |
| Recurring financial charges | 65 | €44,796 | €42,762 | -€2,034 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €503,726 | €509,655 | +€5,929 | +1.2% |
| Transfer from deferred taxes | 780 | €11,012 | €11,012 | = | 0.0% |
| Income taxes | 67/77 | €135,193 | €145,097 | +€9,904 | +7.3% |
| Profit (loss) for the period | 9904 | €379,545 | €375,570 | -€3,975 | -1.0% |
| Transfer from tax-exempt reserves | 789 | €33,036 | €33,036 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €412,581 | €408,606 | -€3,975 | -1.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.