DUINHOEVE: 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.
DUINHOEVE
Largest movements
- Tangible fixed assets -€105,884
down €105,884 (-3.8%), from €2.8m to €2.7m
- Receivables within one year +€71,986
up €71,986 (+80.9%), from €88,959 to €160,945
- Profit (loss) carried forward -€150,690
down €150,690 (-10.3%), from -€1.5m to -€1.6m
- Other debts +€120,000
up €120,000 (+3.4%), from €3.5m to €3.6m
- Gross operating margin -€21,146
down €21,146 (-137%), from -€15,431 to -€36,577
- Depreciation -€6,076
down €6,076 (-5.1%), from €119,485 to €113,409
- Financial income +€3,773
up €3,773 (+175%), from €2,159 to €5,931
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 | €2,915,000 | €2,882,340 | -€32,659 | -1.1% |
| Fixed assets | 21/28 | €2,817,079 | €2,711,194 | -€105,884 | -3.8% |
| Tangible fixed assets | 22/27 | €2,817,079 | €2,711,194 | -€105,884 | -3.8% |
| Land and buildings | 22 | €2,817,079 | €2,711,194 | -€105,884 | -3.8% |
| Current assets | 29/58 | €97,921 | €171,146 | +€73,225 | +74.8% |
| Amounts receivable within one year | 40/41 | €88,959 | €160,945 | +€71,986 | +80.9% |
| Other amounts receivable | 41 | €88,959 | €160,945 | +€71,986 | +80.9% |
| Current investments | 50/53 | €538 | €538 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,918 | €6,008 | +€1,090 | +22.2% |
| Deferred charges and accrued income | 490/1 | €3,506 | €3,655 | +€149 | +4.3% |
| Total equity and liabilities | 10/49 | €2,915,000 | €2,882,340 | -€32,659 | -1.1% |
| Equity | 10/15 | -€600,534 | -€751,224 | -€150,690 | -25.1% |
| Contributions | 10/11 | €867,627 | €867,627 | = | 0.0% |
| Capital | 10 | €867,627 | €867,627 | = | 0.0% |
| Issued capital | 100 | €867,627 | €867,627 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,468,161 | -€1,618,852 | -€150,690 | -10.3% |
| Amounts payable | 17/49 | €3,515,534 | €3,633,565 | +€118,031 | +3.4% |
| Amounts payable within one year | 42/48 | €3,515,534 | €3,633,565 | +€118,031 | +3.4% |
| Trade debts | 44 | €20,601 | €18,632 | -€1,969 | -9.6% |
| Suppliers | 440/4 | €20,601 | €18,632 | -€1,969 | -9.6% |
| Other amounts payable | 47/48 | €3,494,933 | €3,614,933 | +€120,000 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,485 | €113,409 | -€6,076 | -5.1% |
| Other operating charges | 640/8 | €6,534 | €6,553 | +€18 | +0.3% |
| Gross operating margin | 9900 | -€15,431 | -€36,577 | -€21,146 | -137% |
| Operating profit (loss) | 9901 | -€141,450 | -€156,539 | -€15,089 | -10.7% |
| Financial income | 75/76B | €2,159 | €5,931 | +€3,773 | +175% |
| Recurring financial income | 75 | €2,159 | €5,931 | +€3,773 | +175% |
| Financial charges | 65/66B | €80 | €82 | +€3 | +3.4% |
| Recurring financial charges | 65 | €80 | €82 | +€3 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€139,371 | -€150,690 | -€11,319 | -8.1% |
| Profit (loss) for the period | 9904 | -€139,371 | -€150,690 | -€11,319 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€139,371 | -€150,690 | -€11,319 | -8.1% |
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 20 October 2026 via checked.be.