Dukale Services: what changed
Two fiscal 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.
Dukale Services
Largest movements
- Current investments +€420,494
up €420,494 (+43.7%), from €962,842 to €1.4m
- Receivables within one year +€33,311
up €33,311 (+94.9%), from €35,103 to €68,414
of which Trade receivables: +€18,916
- Tangible fixed assets -€23,278
down €23,278 (-9.7%), from €241,128 to €217,850
of which Land and buildings: -€12,237
- Reserves +€403,500
up €403,500 (+27.0%), from €1.5m to €1.9m
- Tax, wage and social debts +€25,098
up €25,098 (+132.1%), from €19,002 to €44,100
of which Taxes: +€22,070
- Gross operating margin +€174,376
up €174,376 (+66.2%), from €263,463 to €437,839
- Financial income +€103,185
up €103,185 (+170.2%), from €60,622 to €163,808
- Taxes +€43,765
up €43,765 (+41.4%), from €105,809 to €149,574
- Write-downs +€7,449
new in 2025: €7,449
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.
Cash bridge derived
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 | €1,646,122 | €2,048,704 | +€402,582 | +24.5% |
| Fixed assets | 21/28 | €241,128 | €217,850 | -€23,278 | -9.7% |
| Tangible fixed assets | 22/27 | €241,128 | €217,850 | -€23,278 | -9.7% |
| Land and buildings | 22 | €196,205 | €183,968 | -€12,237 | -6.2% |
| Furniture and vehicles | 24 | €35,928 | €25,344 | -€10,584 | -29.5% |
| Other tangible fixed assets | 26 | €8,995 | €8,538 | -€457 | -5.1% |
| Current assets | 29/58 | €1,404,994 | €1,830,854 | +€425,860 | +30.3% |
| Stocks and contracts in progress | 3 | €19,154 | €0 | -€19,154 | -100.0% |
| Stocks | 30/36 | €19,154 | €0 | -€19,154 | -100.0% |
| Amounts receivable within one year | 40/41 | €35,103 | €68,414 | +€33,311 | +94.9% |
| Trade receivables | 40 | €26,373 | €45,289 | +€18,916 | +71.7% |
| Other amounts receivable | 41 | €8,730 | €23,124 | +€14,395 | +164.9% |
| Current investments | 50/53 | €962,842 | €1,383,336 | +€420,494 | +43.7% |
| Cash at bank and in hand | 54/58 | €387,895 | €375,834 | -€12,061 | -3.1% |
| Deferred charges and accrued income | 490/1 | €0 | €3,270 | +€3,270 | |
| Total equity and liabilities | 10/49 | €1,646,122 | €2,048,704 | +€402,582 | +24.5% |
| Equity | 10/15 | €1,546,957 | €1,950,976 | +€404,019 | +26.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,492,500 | €1,896,000 | +€403,500 | +27.0% |
| Distributable reserves | 133 | €1,492,500 | €1,896,000 | +€403,500 | +27.0% |
| Profit (loss) carried forward | 14 | €34,457 | €34,976 | +€519 | +1.5% |
| Amounts payable | 17/49 | €99,165 | €97,728 | -€1,437 | -1.4% |
| Amounts payable after more than one year | 17 | €48,777 | €38,704 | -€10,073 | -20.7% |
| Financial debts | 170/4 | €48,777 | €38,704 | -€10,073 | -20.7% |
| Amounts payable within one year | 42/48 | €49,687 | €58,435 | +€8,748 | +17.6% |
| Current portion of amounts payable after more than one year | 42 | €9,970 | €10,073 | +€103 | +1.0% |
| Trade debts | 44 | €13,901 | €1,043 | -€12,858 | -92.5% |
| Suppliers | 440/4 | €13,901 | €1,043 | -€12,858 | -92.5% |
| Taxes, remuneration and social security | 45 | €19,002 | €44,100 | +€25,098 | +132.1% |
| Taxes | 450/3 | €19,002 | €41,072 | +€22,070 | +116.1% |
| Remuneration and social security | 454/9 | - | €3,028 | +€3,028 | |
| Other amounts payable | 47/48 | €6,813 | €3,219 | -€3,594 | -52.8% |
| Accrued charges and deferred income | 492/3 | €701 | €589 | -€112 | -16.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,278 | €23,278 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,449 | +€7,449 | |
| Other operating charges | 640/8 | €2,745 | €3,025 | +€280 | +10.2% |
| Gross operating margin | 9900 | €263,463 | €437,839 | +€174,376 | +66.2% |
| Operating profit (loss) | 9901 | €237,440 | €404,086 | +€166,647 | +70.2% |
| Financial income | 75/76B | €60,622 | €163,808 | +€103,185 | +170.2% |
| Recurring financial income | 75 | €60,622 | €163,808 | +€103,185 | +170.2% |
| Financial charges | 65/66B | €10,449 | €14,301 | +€3,852 | +36.9% |
| Recurring financial charges | 65 | €10,449 | €14,301 | +€3,852 | +36.9% |
| Profit (loss) for the period before taxes | 9903 | €287,613 | €553,593 | +€265,980 | +92.5% |
| Income taxes | 67/77 | €105,809 | €149,574 | +€43,765 | +41.4% |
| Profit (loss) for the period | 9904 | €181,804 | €404,019 | +€222,215 | +122.2% |
| Profit (loss) for the period to be appropriated | 9905 | €181,804 | €404,019 | +€222,215 | +122.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.