Duinhof: 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.
Duinhof
Largest movements
- Receivables within one year +€63,226
up €63,226 (+95.2%), from €66,397 to €129,624
of which Other amounts receivable: +€45,683
- Cash -€29,198
down €29,198 (-44.6%), from €65,429 to €36,230
mainly Contributions, distributions and other (-€153,430) and Receivables within one year (-€63,226)
- Tangible fixed assets -€21,190
down €21,190 (-4.7%), from €446,236 to €425,045
of which Plant, machinery and equipment: -€169,614
- Other debts +€143,909
up €143,909 (+1,512%), from €9,520 to €153,430
- Reserves -€106,898
down €106,898 (-32.5%), from €329,243 to €222,345
of which Distributable reserves: -€99,498
- Debts after one year -€38,104
down €38,104 (-32.5%), from €117,283 to €79,179
- Trade debts +€20,859
up €20,859 (+177%), from €11,758 to €32,617
- Tax, wage and social debts -€7,175
down €7,175 (-20.3%), from €35,285 to €28,110
of which Taxes: -€3,902
- Staff costs +€7,778
up €7,778 (+6.0%), from €130,508 to €138,287
- Gross operating margin -€3,477
down €3,477 (-1.3%), from €272,893 to €269,416
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 | €618,103 | €632,851 | +€14,747 | +2.4% |
| Fixed assets | 21/28 | €448,212 | €427,021 | -€21,190 | -4.7% |
| Tangible fixed assets | 22/27 | €446,236 | €425,045 | -€21,190 | -4.7% |
| Land and buildings | 22 | €230,865 | €230,315 | -€550 | -0.2% |
| Plant, machinery and equipment | 23 | €177,759 | €8,145 | -€169,614 | -95.4% |
| Furniture and vehicles | 24 | €37,611 | €186,585 | +€148,974 | +396% |
| Financial fixed assets | 28 | €1,976 | €1,976 | = | 0.0% |
| Current assets | 29/58 | €169,892 | €205,830 | +€35,938 | +21.2% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Other amounts receivable | 291 | €35,000 | €35,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €66,397 | €129,624 | +€63,226 | +95.2% |
| Trade receivables | 40 | €31,317 | €48,860 | +€17,543 | +56.0% |
| Other amounts receivable | 41 | €35,080 | €80,763 | +€45,683 | +130% |
| Cash at bank and in hand | 54/58 | €65,429 | €36,230 | -€29,198 | -44.6% |
| Deferred charges and accrued income | 490/1 | €3,066 | €4,976 | +€1,910 | +62.3% |
| Total equity and liabilities | 10/49 | €618,103 | €632,851 | +€14,747 | +2.4% |
| Equity | 10/15 | €403,243 | €296,345 | -€106,898 | -26.5% |
| Contributions | 10/11 | €74,000 | €74,000 | = | 0.0% |
| Reserves | 13 | €329,243 | €222,345 | -€106,898 | -32.5% |
| Non-distributable reserves | 130/1 | €7,400 | €0 | -€7,400 | -100% |
| Reserves not available under the articles | 1311 | €7,400 | €0 | -€7,400 | -100% |
| Tax-exempt reserves | 132 | €27,644 | €27,644 | = | 0.0% |
| Distributable reserves | 133 | €294,199 | €194,702 | -€99,498 | -33.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €214,860 | €336,506 | +€121,645 | +56.6% |
| Amounts payable after more than one year | 17 | €117,283 | €79,179 | -€38,104 | -32.5% |
| Financial debts | 170/4 | €117,283 | €79,179 | -€38,104 | -32.5% |
| Amounts payable within one year | 42/48 | €97,577 | €257,327 | +€159,750 | +164% |
| Current portion of amounts payable after more than one year | 42 | €34,246 | €38,104 | +€3,858 | +11.3% |
| Financial debts | 43 | €5,072 | €5,066 | -€7 | -0.1% |
| Other loans | 439 | €5,072 | €5,066 | -€7 | -0.1% |
| Trade debts | 44 | €11,758 | €32,617 | +€20,859 | +177% |
| Suppliers | 440/4 | €11,758 | €32,617 | +€20,859 | +177% |
| Advances received on contracts in progress | 46 | €1,695 | €0 | -€1,695 | -100% |
| Taxes, remuneration and social security | 45 | €35,285 | €28,110 | -€7,175 | -20.3% |
| Taxes | 450/3 | €13,878 | €9,976 | -€3,902 | -28.1% |
| Remuneration and social security | 454/9 | €21,407 | €18,134 | -€3,273 | -15.3% |
| Other amounts payable | 47/48 | €9,520 | €153,430 | +€143,909 | +1,512% |
| Remuneration, social security and pensions | 62 | €130,508 | €138,287 | +€7,778 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,526 | €40,473 | -€53 | -0.1% |
| Other operating charges | 640/8 | €12,554 | €10,333 | -€2,221 | -17.7% |
| Gross operating margin | 9900 | €272,893 | €269,416 | -€3,477 | -1.3% |
| Operating profit (loss) | 9901 | €89,305 | €80,324 | -€8,982 | -10.1% |
| Financial income | 75/76B | €2,623 | €4,815 | +€2,192 | +83.5% |
| Recurring financial income | 75 | €2,623 | €4,815 | +€2,192 | +83.5% |
| Financial charges | 65/66B | €13,811 | €13,790 | -€21 | -0.2% |
| Recurring financial charges | 65 | €13,811 | €13,790 | -€21 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €78,118 | €71,349 | -€6,768 | -8.7% |
| Income taxes | 67/77 | €26,082 | €24,817 | -€1,265 | -4.8% |
| Profit (loss) for the period | 9904 | €52,035 | €46,532 | -€5,504 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €52,035 | €46,532 | -€5,504 | -10.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.