Duhoux Benoît: 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.
Duhoux Benoît
Largest movements
- Cash -€119,287
down €119,287 (-83.9%), from €142,161 to €22,874
mainly Contributions, distributions and other (-€113,450) and Other debts (-€46,681)
- Tangible fixed assets +€31,918
up €31,918 (+80.6%), from €39,587 to €71,504
of which Plant, machinery and equipment: +€38,618
- Receivables within one year -€9,327
down €9,327 (-7.8%), from €119,638 to €110,310
of which Trade receivables: -€11,425
- Other debts -€46,681
down €46,681 (-31.6%), from €147,759 to €101,078
- Profit (loss) carried forward -€46,210
down €46,210 (-100.0%), from €46,216 to €7
- Trade debts -€10,438
down €10,438 (-81.9%), from €12,752 to €2,314
- Tax, wage and social debts +€7,006
up €7,006 (+109%), from €6,450 to €13,456
- Gross operating margin +€15,805
up €15,805 (+19.9%), from €79,253 to €95,058
- Taxes +€3,528
up €3,528 (+26.0%), from €13,574 to €17,102
- Depreciation +€3,276
up €3,276 (+47.9%), from €6,845 to €10,121
- Other operating charges -€2,542
down €2,542 (-86.4%), from €2,942 to €400
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 | €302,178 | €205,854 | -€96,323 | -31.9% |
| Fixed assets | 21/28 | €39,587 | €71,504 | +€31,918 | +80.6% |
| Tangible fixed assets | 22/27 | €39,587 | €71,504 | +€31,918 | +80.6% |
| Plant, machinery and equipment | 23 | €16,158 | €54,777 | +€38,618 | +239% |
| Furniture and vehicles | 24 | €23,428 | €16,728 | -€6,700 | -28.6% |
| Current assets | 29/58 | €262,591 | €134,350 | -€128,241 | -48.8% |
| Amounts receivable within one year | 40/41 | €119,638 | €110,310 | -€9,327 | -7.8% |
| Trade receivables | 40 | €114,752 | €103,328 | -€11,425 | -10.0% |
| Other amounts receivable | 41 | €4,885 | €6,983 | +€2,097 | +42.9% |
| Cash at bank and in hand | 54/58 | €142,161 | €22,874 | -€119,287 | -83.9% |
| Deferred charges and accrued income | 490/1 | €793 | €1,166 | +€373 | +47.1% |
| Total equity and liabilities | 10/49 | €302,178 | €205,854 | -€96,323 | -31.9% |
| Equity | 10/15 | €135,216 | €89,007 | -€46,210 | -34.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €79,000 | €79,000 | = | 0.0% |
| Distributable reserves | 133 | €79,000 | €79,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,216 | €7 | -€46,210 | -100.0% |
| Amounts payable | 17/49 | €166,961 | €116,848 | -€50,114 | -30.0% |
| Amounts payable within one year | 42/48 | €166,961 | €116,848 | -€50,114 | -30.0% |
| Trade debts | 44 | €12,752 | €2,314 | -€10,438 | -81.9% |
| Suppliers | 440/4 | €12,752 | €2,314 | -€10,438 | -81.9% |
| Taxes, remuneration and social security | 45 | €6,450 | €13,456 | +€7,006 | +109% |
| Taxes | 450/3 | €6,450 | €13,456 | +€7,006 | +109% |
| Other amounts payable | 47/48 | €147,759 | €101,078 | -€46,681 | -31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,845 | €10,121 | +€3,276 | +47.9% |
| Other operating charges | 640/8 | €2,942 | €400 | -€2,542 | -86.4% |
| Gross operating margin | 9900 | €79,253 | €95,058 | +€15,805 | +19.9% |
| Operating profit (loss) | 9901 | €69,467 | €84,537 | +€15,070 | +21.7% |
| Financial income | 75/76B | €6 | €0 | -€6 | -99.7% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -99.7% |
| Financial charges | 65/66B | €466 | €195 | -€271 | -58.2% |
| Recurring financial charges | 65 | €466 | €195 | -€271 | -58.2% |
| Profit (loss) for the period before taxes | 9903 | €69,006 | €84,342 | +€15,336 | +22.2% |
| Income taxes | 67/77 | €13,574 | €17,102 | +€3,528 | +26.0% |
| Profit (loss) for the period | 9904 | €55,433 | €67,240 | +€11,808 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,433 | €67,240 | +€11,808 | +21.3% |
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 17 October 2026 via checked.be.