DUHAST: 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.
DUHAST
Largest movements
- Financial fixed assets +€1.2m
up €1.2m (+25.5%), from €4.6m to €5.7m
- Other debts +€1.1m
up €1.1m (+30.6%), from €3.6m to €4.8m
- Depreciation -€4,222
no longer reported in 2025 (was €4,222)
- Other operating charges -€358
down €358 (-41.2%), from €869 to €511
- Gross operating margin -€156
down €156 (-5.1%), from -€3,049 to -€3,205
- Financial charges +€91
up €91 (+700%), from €13 to €104
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 | €4,634,205 | €5,741,740 | +€1.1m | +23.9% |
| Fixed assets | 21/28 | €4,567,173 | €5,731,001 | +€1.2m | +25.5% |
| Financial fixed assets | 28 | €4,567,173 | €5,731,001 | +€1.2m | +25.5% |
| Current assets | 29/58 | €67,032 | €10,739 | -€56,293 | -84.0% |
| Cash at bank and in hand | 54/58 | €67,032 | €10,739 | -€56,293 | -84.0% |
| Total equity and liabilities | 10/49 | €4,634,205 | €5,741,740 | +€1.1m | +23.9% |
| Equity | 10/15 | €991,847 | €988,027 | -€3,820 | -0.4% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | - | €1,000,000 | +€1.0m | |
| Issued capital | 100 | - | €1,000,000 | +€1.0m | |
| Profit (loss) carried forward | 14 | -€8,153 | -€11,973 | -€3,820 | -46.9% |
| Amounts payable | 17/49 | €3,642,358 | €4,753,713 | +€1.1m | +30.5% |
| Amounts payable within one year | 42/48 | €3,642,358 | €4,753,713 | +€1.1m | +30.5% |
| Trade debts | 44 | €2,358 | €885 | -€1,473 | -62.5% |
| Suppliers | 440/4 | €2,358 | €885 | -€1,473 | -62.5% |
| Other amounts payable | 47/48 | €3,640,000 | €4,752,828 | +€1.1m | +30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,222 | - | -€4,222 | |
| Other operating charges | 640/8 | €869 | €511 | -€358 | -41.2% |
| Gross operating margin | 9900 | -€3,049 | -€3,205 | -€156 | -5.1% |
| Operating profit (loss) | 9901 | -€8,140 | -€3,716 | +€4,424 | +54.3% |
| Financial charges | 65/66B | €13 | €104 | +€91 | +700% |
| Recurring financial charges | 65 | €13 | €104 | +€91 | +700% |
| Profit (loss) for the period before taxes | 9903 | -€8,153 | -€3,820 | +€4,333 | +53.1% |
| Profit (loss) for the period | 9904 | -€8,153 | -€3,820 | +€4,333 | +53.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,153 | -€3,820 | +€4,333 | +53.1% |
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.