DULIS: 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.
DULIS
Largest movements
- Receivables within one year +€339,226
up €339,226 (+116.3%), from €291,656 to €630,882
of which Trade receivables: +€339,245
- Cash +€52,063
up €52,063 (+44.0%), from €118,399 to €170,462
mainly Trade debts (+€607,349) and Depreciation (+€39,421)
- Intangible fixed assets -€39,421
down €39,421 (-25.0%), from €157,683 to €118,262
- Trade debts +€607,349
up €607,349 (+76.6%), from €793,156 to €1.4m
- Profit (loss) carried forward -€284,377
down €284,377 (-30.0%), from -€947,211 to -€1.2m
- Tax, wage and social debts +€24,128
up €24,128 (+110.5%), from €21,832 to €45,960
- Turnover +€138,342
up €138,342 (+6.6%), from €2.1m to €2.2m
- Purchases and services +€70,259
up €70,259 (+2.9%), from €2.4m to €2.5m
- Gross operating margin +€67,785
up €67,785 (+23.1%), from -€292,969 to -€225,184
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 | €568,693 | €920,543 | +€351,851 | +61.9% |
| Fixed assets | 21/28 | €157,683 | €118,262 | -€39,421 | -25.0% |
| Intangible fixed assets | 21 | €157,683 | €118,262 | -€39,421 | -25.0% |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €411,010 | €802,281 | +€391,271 | +95.2% |
| Amounts receivable within one year | 40/41 | €291,656 | €630,882 | +€339,226 | +116.3% |
| Trade receivables | 40 | €291,602 | €630,847 | +€339,245 | +116.3% |
| Other amounts receivable | 41 | €54 | €35 | -€19 | -34.5% |
| Cash at bank and in hand | 54/58 | €118,399 | €170,462 | +€52,063 | +44.0% |
| Deferred charges and accrued income | 490/1 | €955 | €937 | -€18 | -1.9% |
| Total equity and liabilities | 10/49 | €568,693 | €920,543 | +€351,851 | +61.9% |
| Equity | 10/15 | -€547,211 | -€831,588 | -€284,377 | -52.0% |
| Contributions | 10/11 | €202,897 | €202,897 | = | 0.0% |
| Capital | 10 | €202,897 | €202,897 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Uncalled capital | 101 | €197,103 | €197,103 | = | 0.0% |
| Reserves | 13 | €197,103 | €197,103 | = | 0.0% |
| Non-distributable reserves | 130/1 | €197,103 | €197,103 | = | 0.0% |
| Other | 1319 | €197,103 | €197,103 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€947,211 | -€1,231,588 | -€284,377 | -30.0% |
| Amounts payable | 17/49 | €1,115,903 | €1,752,131 | +€636,227 | +57.0% |
| Amounts payable within one year | 42/48 | €1,114,988 | €1,751,418 | +€636,430 | +57.1% |
| Trade debts | 44 | €793,156 | €1,400,505 | +€607,349 | +76.6% |
| Suppliers | 440/4 | €793,156 | €1,400,505 | +€607,349 | +76.6% |
| Taxes, remuneration and social security | 45 | €21,832 | €45,960 | +€24,128 | +110.5% |
| Taxes | 450/3 | €21,832 | €45,960 | +€24,128 | +110.5% |
| Other amounts payable | 47/48 | €300,000 | €304,954 | +€4,954 | +1.7% |
| Accrued charges and deferred income | 492/3 | €916 | €713 | -€203 | -22.2% |
| Turnover | 70 | €2,081,315 | €2,219,657 | +€138,342 | +6.6% |
| Non-recurring operating income | 76A | €156 | €26 | -€129 | -83.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,388,161 | €2,458,421 | +€70,259 | +2.9% |
| Remuneration, social security and pensions | 62 | - | €4,633 | +€4,633 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,421 | €39,421 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €654 | - | -€654 | |
| Other operating charges | 640/8 | €1,588 | €889 | -€699 | -44.0% |
| Non-recurring operating charges | 66A | €1,001 | €524 | -€477 | -47.6% |
| Gross operating margin | 9900 | -€292,969 | -€225,184 | +€67,785 | +23.1% |
| Operating profit (loss) | 9901 | -€335,633 | -€270,652 | +€64,981 | +19.4% |
| Financial charges | 65/66B | €4,279 | €13,725 | +€9,446 | +220.8% |
| Recurring financial charges | 65 | €4,279 | €13,725 | +€9,446 | +220.8% |
| Profit (loss) for the period before taxes | 9903 | -€339,912 | -€284,377 | +€55,535 | +16.3% |
| Profit (loss) for the period | 9904 | -€339,912 | -€284,377 | +€55,535 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€339,912 | -€284,377 | +€55,535 | +16.3% |
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 3 October 2026 via checked.be.