DUINKER R.S.: 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.
DUINKER R.S.
Largest movements
- Cash -€27,037
down €27,037 (-48.9%), from €55,275 to €28,239
mainly Contributions, distributions and other (-€64,171) and Investment in fixed assets (net) (-€36,176)
- Tangible fixed assets +€18,837
up €18,837 (+7.2%), from €262,587 to €281,424
of which Furniture and vehicles: +€24,653
- Receivables within one year -€11,196
down €11,196 (-32.2%), from €34,778 to €23,582
of which Trade receivables: -€15,007
- Receivables after one year -€9,345
down €9,345 (-49.7%), from €18,793 to €9,448
- Reserves -€19,804
down €19,804 (-7.2%), from €273,375 to €253,571
- Debts after one year -€11,076
down €11,076 (-22.4%), from €49,361 to €38,285
- Gross operating margin +€21,242
up €21,242 (+30.7%), from €69,205 to €90,448
- Financial income -€7,782
down €7,782 (-89.2%), from €8,727 to €944
of which Non-recurring financial income: -€7,758
- Depreciation -€5,445
down €5,445 (-23.9%), from €22,785 to €17,339
- Taxes +€4,171
up €4,171 (+23.7%), from €17,617 to €21,787
- Financial charges -€1,374
down €1,374 (-43.6%), from €3,153 to €1,778
of which Non-recurring financial charges: -€928
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 | €387,430 | €355,952 | -€31,479 | -8.1% |
| Fixed assets | 21/28 | €262,587 | €281,424 | +€18,837 | +7.2% |
| Tangible fixed assets | 22/27 | €262,587 | €281,424 | +€18,837 | +7.2% |
| Land and buildings | 22 | €220,195 | €215,531 | -€4,665 | -2.1% |
| Plant, machinery and equipment | 23 | €6,321 | €5,169 | -€1,152 | -18.2% |
| Furniture and vehicles | 24 | €36,072 | €60,725 | +€24,653 | +68.3% |
| Current assets | 29/58 | €124,843 | €74,528 | -€50,315 | -40.3% |
| Amounts receivable after more than one year | 29 | €18,793 | €9,448 | -€9,345 | -49.7% |
| Other amounts receivable | 291 | €18,793 | €9,448 | -€9,345 | -49.7% |
| Stocks and contracts in progress | 3 | €14,291 | €12,056 | -€2,235 | -15.6% |
| Stocks | 30/36 | €14,291 | €12,056 | -€2,235 | -15.6% |
| Amounts receivable within one year | 40/41 | €34,778 | €23,582 | -€11,196 | -32.2% |
| Trade receivables | 40 | €16,507 | €1,500 | -€15,007 | -90.9% |
| Other amounts receivable | 41 | €18,271 | €22,082 | +€3,811 | +20.9% |
| Cash at bank and in hand | 54/58 | €55,275 | €28,239 | -€27,037 | -48.9% |
| Deferred charges and accrued income | 490/1 | €1,706 | €1,204 | -€502 | -29.4% |
| Total equity and liabilities | 10/49 | €387,430 | €355,952 | -€31,479 | -8.1% |
| Equity | 10/15 | €285,775 | €265,971 | -€19,804 | -6.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €273,375 | €253,571 | -€19,804 | -7.2% |
| Distributable reserves | 133 | €273,375 | €253,571 | -€19,804 | -7.2% |
| Amounts payable | 17/49 | €101,655 | €89,981 | -€11,674 | -11.5% |
| Amounts payable after more than one year | 17 | €49,361 | €38,285 | -€11,076 | -22.4% |
| Financial debts | 170/4 | €49,361 | €38,285 | -€11,076 | -22.4% |
| Amounts payable within one year | 42/48 | €52,295 | €51,696 | -€599 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €40,581 | €40,280 | -€301 | -0.7% |
| Financial debts | 43 | €783 | €19 | -€764 | -97.6% |
| Credit institutions | 430/8 | €783 | €19 | -€764 | -97.6% |
| Trade debts | 44 | €3,315 | €1,894 | -€1,421 | -42.9% |
| Suppliers | 440/4 | €3,315 | €1,894 | -€1,421 | -42.9% |
| Taxes, remuneration and social security | 45 | €7,616 | €9,503 | +€1,887 | +24.8% |
| Taxes | 450/3 | €7,616 | €9,503 | +€1,887 | +24.8% |
| Non-recurring operating income | 76A | - | €8,483 | +€8,483 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,785 | €17,339 | -€5,445 | -23.9% |
| Other operating charges | 640/8 | €2,354 | €2,093 | -€261 | -11.1% |
| Non-recurring operating charges | 66A | - | €4,026 | +€4,026 | |
| Gross operating margin | 9900 | €69,205 | €90,448 | +€21,242 | +30.7% |
| Operating profit (loss) | 9901 | €44,067 | €66,989 | +€22,921 | +52.0% |
| Financial income | 75/76B | €8,727 | €944 | -€7,782 | -89.2% |
| Recurring financial income | 75 | €969 | €944 | -€25 | -2.5% |
| Non-recurring financial income | 76B | €7,758 | - | -€7,758 | |
| Financial charges | 65/66B | €3,153 | €1,778 | -€1,374 | -43.6% |
| Recurring financial charges | 65 | €2,224 | €1,778 | -€446 | -20.0% |
| Non-recurring financial charges | 66B | €928 | - | -€928 | |
| Profit (loss) for the period before taxes | 9903 | €49,641 | €66,154 | +€16,513 | +33.3% |
| Income taxes | 67/77 | €17,617 | €21,787 | +€4,171 | +23.7% |
| Profit (loss) for the period | 9904 | €32,024 | €44,367 | +€12,343 | +38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,024 | €44,367 | +€12,343 | +38.5% |
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 24 October 2026 via checked.be.