Duke & Mortimer Capital: 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.
Duke & Mortimer Capital
Largest movements
- Receivables within one year +€77,353
up €77,353 (+4,848%), from €1,596 to €78,948
of which Trade receivables: +€72,300
- Tangible fixed assets +€54,961
new in 2025: €54,961
of which Plant, machinery and equipment: +€51,336
- Stocks and contracts +€8,410
new in 2025: €8,410
- Other debts +€159,749
up €159,749 (+11,576%), from €1,380 to €161,129
- Profit (loss) carried forward -€58,677
down €58,677 (-2,415%), from -€2,430 to -€61,106
- Trade debts +€35,896
up €35,896 (+2,958%), from €1,214 to €37,110
- Tax, wage and social debts +€5,101
new in 2025: €5,101
of which Remuneration and social security: +€4,916
- Gross operating margin -€44,076
down €44,076 (-2,424%), from -€1,818 to -€45,894
- Staff costs +€11,735
new in 2025: €11,735
- Depreciation +€883
new in 2025: €883
- Other operating charges -€492
down €492 (-80.4%), from €612 to €120
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 | €5,164 | €147,234 | +€142,070 | +2,751% |
| Fixed assets | 21/28 | - | €54,961 | +€54,961 | |
| Tangible fixed assets | 22/27 | - | €54,961 | +€54,961 | |
| Plant, machinery and equipment | 23 | - | €51,336 | +€51,336 | |
| Furniture and vehicles | 24 | - | €3,624 | +€3,624 | |
| Current assets | 29/58 | €5,164 | €92,273 | +€87,109 | +1,687% |
| Stocks and contracts in progress | 3 | - | €8,410 | +€8,410 | |
| Stocks | 30/36 | - | €8,410 | +€8,410 | |
| Amounts receivable within one year | 40/41 | €1,596 | €78,948 | +€77,353 | +4,848% |
| Trade receivables | 40 | €1,380 | €73,680 | +€72,300 | +5,239% |
| Other amounts receivable | 41 | €216 | €5,268 | +€5,052 | +2,344% |
| Cash at bank and in hand | 54/58 | €3,568 | €4,746 | +€1,177 | +33.0% |
| Deferred charges and accrued income | 490/1 | - | €170 | +€170 | |
| Total equity and liabilities | 10/49 | €5,164 | €147,234 | +€142,070 | +2,751% |
| Equity | 10/15 | €2,570 | -€56,106 | -€58,677 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,430 | -€61,106 | -€58,677 | -2,415% |
| Amounts payable | 17/49 | €2,594 | €203,340 | +€200,747 | +7,740% |
| Amounts payable within one year | 42/48 | €2,594 | €203,340 | +€200,747 | +7,740% |
| Trade debts | 44 | €1,214 | €37,110 | +€35,896 | +2,958% |
| Suppliers | 440/4 | €1,214 | €37,110 | +€35,896 | +2,958% |
| Taxes, remuneration and social security | 45 | - | €5,101 | +€5,101 | |
| Taxes | 450/3 | - | €185 | +€185 | |
| Remuneration and social security | 454/9 | - | €4,916 | +€4,916 | |
| Other amounts payable | 47/48 | €1,380 | €161,129 | +€159,749 | +11,576% |
| Remuneration, social security and pensions | 62 | - | €11,735 | +€11,735 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €883 | +€883 | |
| Other operating charges | 640/8 | €612 | €120 | -€492 | -80.4% |
| Gross operating margin | 9900 | -€1,818 | -€45,894 | -€44,076 | -2,424% |
| Operating profit (loss) | 9901 | -€2,430 | -€58,632 | -€56,202 | -2,313% |
| Financial charges | 65/66B | - | €45 | +€45 | |
| Recurring financial charges | 65 | - | €45 | +€45 | |
| Profit (loss) for the period before taxes | 9903 | -€2,430 | -€58,677 | -€56,247 | -2,315% |
| Profit (loss) for the period | 9904 | -€2,430 | -€58,677 | -€56,247 | -2,315% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,430 | -€58,677 | -€56,247 | -2,315% |
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 28 October 2026 via checked.be.