Dulo Pools: 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.
Dulo Pools
Largest movements
- Receivables within one year -€16,085
down €16,085 (-50.0%), from €32,147 to €16,062
of which Trade receivables: -€17,154
- Receivables after one year -€14,500
down €14,500 (-100%), from €14,500 to €0
- Tangible fixed assets -€9,860
down €9,860 (-33.8%), from €29,144 to €19,283
of which Furniture and vehicles: -€7,413
- Stocks and contracts +€5,142
new in 2025: €5,142
- Cash -€852
down €852 (-9.5%), from €8,948 to €8,096
mainly Contributions, distributions and other (-€37,500) and Trade debts (-€10,653)
- Reserves -€32,100
down €32,100 (-62.7%), from €51,200 to €19,100
- Trade debts -€10,653
down €10,653 (-47.9%), from €22,218 to €11,565
- Other debts +€5,277
up €5,277 (+1,007%), from €524 to €5,802
- Tax, wage and social debts +€1,301
up €1,301 (+22.7%), from €5,724 to €7,024
- Gross operating margin -€14,974
down €14,974 (-38.8%), from €38,605 to €23,632
- Taxes -€3,462
down €3,462 (-62.7%), from €5,525 to €2,063
- Other operating charges +€2,283
up €2,283 (+179%), from €1,276 to €3,559
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 | €84,969 | €48,584 | -€36,385 | -42.8% |
| Fixed assets | 21/28 | €29,144 | €19,283 | -€9,860 | -33.8% |
| Tangible fixed assets | 22/27 | €29,144 | €19,283 | -€9,860 | -33.8% |
| Plant, machinery and equipment | 23 | €3,001 | €553 | -€2,448 | -81.6% |
| Furniture and vehicles | 24 | €26,143 | €18,731 | -€7,413 | -28.4% |
| Current assets | 29/58 | €55,825 | €29,301 | -€26,524 | -47.5% |
| Amounts receivable after more than one year | 29 | €14,500 | €0 | -€14,500 | -100% |
| Other amounts receivable | 291 | €14,500 | €0 | -€14,500 | -100% |
| Stocks and contracts in progress | 3 | - | €5,142 | +€5,142 | |
| Stocks | 30/36 | - | €5,142 | +€5,142 | |
| Amounts receivable within one year | 40/41 | €32,147 | €16,062 | -€16,085 | -50.0% |
| Trade receivables | 40 | €27,369 | €10,215 | -€17,154 | -62.7% |
| Other amounts receivable | 41 | €4,778 | €5,847 | +€1,069 | +22.4% |
| Cash at bank and in hand | 54/58 | €8,948 | €8,096 | -€852 | -9.5% |
| Deferred charges and accrued income | 490/1 | €230 | €0 | -€230 | -100% |
| Total equity and liabilities | 10/49 | €84,969 | €48,584 | -€36,385 | -42.8% |
| Equity | 10/15 | €56,215 | €24,193 | -€32,022 | -57.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €51,200 | €19,100 | -€32,100 | -62.7% |
| Distributable reserves | 133 | €51,200 | €19,100 | -€32,100 | -62.7% |
| Profit (loss) carried forward | 14 | €15 | €93 | +€78 | +507% |
| Amounts payable | 17/49 | €28,753 | €24,391 | -€4,363 | -15.2% |
| Amounts payable within one year | 42/48 | €28,753 | €24,391 | -€4,363 | -15.2% |
| Trade debts | 44 | €22,218 | €11,565 | -€10,653 | -47.9% |
| Suppliers | 440/4 | €22,218 | €11,565 | -€10,653 | -47.9% |
| Advances received on contracts in progress | 46 | €288 | €0 | -€288 | -100% |
| Taxes, remuneration and social security | 45 | €5,724 | €7,024 | +€1,301 | +22.7% |
| Taxes | 450/3 | €5,724 | €7,024 | +€1,301 | +22.7% |
| Other amounts payable | 47/48 | €524 | €5,802 | +€5,277 | +1,007% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,178 | €12,332 | +€154 | +1.3% |
| Other operating charges | 640/8 | €1,276 | €3,559 | +€2,283 | +179% |
| Gross operating margin | 9900 | €38,605 | €23,632 | -€14,974 | -38.8% |
| Operating profit (loss) | 9901 | €25,151 | €7,740 | -€17,411 | -69.2% |
| Financial income | 75/76B | €264 | €47 | -€217 | -82.3% |
| Recurring financial income | 75 | €264 | €47 | -€217 | -82.3% |
| Financial charges | 65/66B | €226 | €246 | +€21 | +9.2% |
| Recurring financial charges | 65 | €226 | €246 | +€21 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | €25,189 | €7,541 | -€17,648 | -70.1% |
| Income taxes | 67/77 | €5,525 | €2,063 | -€3,462 | -62.7% |
| Profit (loss) for the period | 9904 | €19,664 | €5,478 | -€14,186 | -72.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,664 | €5,478 | -€14,186 | -72.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.