DUINENVALLEI: 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.
DUINENVALLEI
Largest movements
- Cash -€222,832
down €222,832 (-83.6%), from €266,679 to €43,847
mainly Debts after one year (-€206,509) and Other debts (-€200,411)
- Tangible fixed assets -€97,358
down €97,358 (-8.8%), from €1.1m to €1.0m
of which Furniture and vehicles: -€56,160
- Debts after one year -€206,509
down €206,509 (-36.6%), from €564,619 to €358,110
- Other debts -€200,411
no longer reported in 2025 (was €200,411)
- Reserves +€72,890
up €72,890 (+22.7%), from €320,600 to €393,490
- Tax, wage and social debts -€16,279
down €16,279 (-71.0%), from €22,917 to €6,638
- Gross operating margin -€20,086
down €20,086 (-6.1%), from €330,935 to €310,848
- Depreciation -€19,868
down €19,868 (-14.2%), from €139,581 to €119,713
- Financial charges -€19,042
down €19,042 (-42.8%), from €44,455 to €25,413
- Other operating charges +€17,784
up €17,784 (+37.2%), from €47,751 to €65,535
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 | €1,417,379 | €1,085,966 | -€331,413 | -23.4% |
| Fixed assets | 21/28 | €1,104,792 | €1,007,434 | -€97,358 | -8.8% |
| Tangible fixed assets | 22/27 | €1,100,220 | €1,002,861 | -€97,358 | -8.8% |
| Land and buildings | 22 | €647,622 | €631,781 | -€15,841 | -2.4% |
| Plant, machinery and equipment | 23 | €283,214 | €257,857 | -€25,356 | -9.0% |
| Furniture and vehicles | 24 | €169,384 | €113,224 | -€56,160 | -33.2% |
| Financial fixed assets | 28 | €4,572 | €4,572 | = | 0.0% |
| Current assets | 29/58 | €312,587 | €78,532 | -€234,054 | -74.9% |
| Stocks and contracts in progress | 3 | €15,240 | €7,382 | -€7,859 | -51.6% |
| Stocks | 30/36 | €15,240 | €7,382 | -€7,859 | -51.6% |
| Amounts receivable within one year | 40/41 | €29,952 | €26,425 | -€3,527 | -11.8% |
| Trade receivables | 40 | €24,203 | €26,425 | +€2,221 | +9.2% |
| Other amounts receivable | 41 | €5,748 | - | -€5,748 | |
| Cash at bank and in hand | 54/58 | €266,679 | €43,847 | -€222,832 | -83.6% |
| Deferred charges and accrued income | 490/1 | €716 | €880 | +€164 | +22.9% |
| Total equity and liabilities | 10/49 | €1,417,379 | €1,085,966 | -€331,413 | -23.4% |
| Equity | 10/15 | €605,161 | €678,051 | +€72,890 | +12.0% |
| Contributions | 10/11 | €284,561 | €284,561 | = | 0.0% |
| Contributions outside capital | 11 | €284,561 | €284,561 | = | 0.0% |
| Other | 1109/19 | €284,561 | €284,561 | = | 0.0% |
| Reserves | 13 | €320,600 | €393,490 | +€72,890 | +22.7% |
| Distributable reserves | 133 | €320,600 | €393,490 | +€72,890 | +22.7% |
| Amounts payable | 17/49 | €812,218 | €407,915 | -€404,303 | -49.8% |
| Amounts payable after more than one year | 17 | €564,619 | €358,110 | -€206,509 | -36.6% |
| Other amounts payable | 178/9 | €564,619 | €358,110 | -€206,509 | -36.6% |
| Amounts payable within one year | 42/48 | €227,439 | €24,505 | -€202,934 | -89.2% |
| Trade debts | 44 | €4,111 | €17,867 | +€13,756 | +335% |
| Suppliers | 440/4 | €4,111 | €17,867 | +€13,756 | +335% |
| Taxes, remuneration and social security | 45 | €22,917 | €6,638 | -€16,279 | -71.0% |
| Taxes | 450/3 | €22,917 | €6,638 | -€16,279 | -71.0% |
| Other amounts payable | 47/48 | €200,411 | - | -€200,411 | |
| Accrued charges and deferred income | 492/3 | €20,160 | €25,300 | +€5,140 | +25.5% |
| Non-recurring operating income | 76A | €266 | €11,600 | +€11,334 | +4,259% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139,581 | €119,713 | -€19,868 | -14.2% |
| Other operating charges | 640/8 | €47,751 | €65,535 | +€17,784 | +37.2% |
| Gross operating margin | 9900 | €330,935 | €310,848 | -€20,086 | -6.1% |
| Operating profit (loss) | 9901 | €143,602 | €125,600 | -€18,002 | -12.5% |
| Financial income | 75/76B | €37 | €0 | -€37 | -99.8% |
| Recurring financial income | 75 | €37 | €0 | -€37 | -99.8% |
| Financial charges | 65/66B | €44,455 | €25,413 | -€19,042 | -42.8% |
| Recurring financial charges | 65 | €44,455 | €25,413 | -€19,042 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €99,184 | €100,188 | +€1,004 | +1.0% |
| Income taxes | 67/77 | €27,427 | €27,298 | -€130 | -0.5% |
| Profit (loss) for the period | 9904 | €71,757 | €72,890 | +€1,133 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €71,757 | €72,890 | +€1,133 | +1.6% |
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 23 October 2026 via checked.be.