Duntech Belgium: 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.
Duntech Belgium
Largest movements
- Tangible fixed assets +€77,003
up €77,003 (+167%), from €46,181 to €123,184
- Receivables within one year +€43,675
up €43,675 (+105%), from €41,745 to €85,420
of which Trade receivables: +€34,675
- Cash +€16,259
up €16,259 (+125%), from €12,995 to €29,254
mainly Trade debts (+€66,484) and Net result for the year (+€36,942)
- Trade debts +€66,484
up €66,484 (+136%), from €48,799 to €115,283
- Reserves +€36,942
up €36,942 (+20,927%), from €177 to €37,119
- Debts after one year +€36,500
up €36,500 (+121%), from €30,260 to €66,760
- Tax, wage and social debts -€4,668
down €4,668 (-48.5%), from €9,623 to €4,955
- Gross operating margin +€55,913
up €55,913 (+708%), from €7,894 to €63,807
- Taxes +€12,079
up €12,079 (+47,184%), from €26 to €12,105
- Depreciation +€4,987
up €4,987 (+89.1%), from €5,600 to €10,587
- Financial charges +€1,942
up €1,942 (+121%), from €1,599 to €3,541
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 | €100,921 | €237,858 | +€136,937 | +136% |
| Fixed assets | 21/28 | €46,181 | €123,184 | +€77,003 | +167% |
| Tangible fixed assets | 22/27 | €46,181 | €123,184 | +€77,003 | +167% |
| Plant, machinery and equipment | 23 | €46,181 | €123,184 | +€77,003 | +167% |
| Current assets | 29/58 | €54,740 | €114,674 | +€59,934 | +109% |
| Amounts receivable within one year | 40/41 | €41,745 | €85,420 | +€43,675 | +105% |
| Trade receivables | 40 | €41,745 | €76,420 | +€34,675 | +83.1% |
| Other amounts receivable | 41 | - | €9,000 | +€9,000 | |
| Cash at bank and in hand | 54/58 | €12,995 | €29,254 | +€16,259 | +125% |
| Total equity and liabilities | 10/49 | €100,921 | €237,858 | +€136,937 | +136% |
| Equity | 10/15 | €10,177 | €47,119 | +€36,942 | +363% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €177 | €37,119 | +€36,942 | +20,927% |
| Distributable reserves | 133 | €177 | €37,119 | +€36,942 | +20,927% |
| Amounts payable | 17/49 | €90,744 | €190,739 | +€99,995 | +110% |
| Amounts payable after more than one year | 17 | €30,260 | €66,760 | +€36,500 | +121% |
| Financial debts | 170/4 | €30,260 | €66,760 | +€36,500 | +121% |
| Amounts payable within one year | 42/48 | €58,831 | €120,238 | +€61,408 | +104% |
| Trade debts | 44 | €48,799 | €115,283 | +€66,484 | +136% |
| Suppliers | 440/4 | €48,799 | €115,283 | +€66,484 | +136% |
| Taxes, remuneration and social security | 45 | €9,623 | €4,955 | -€4,668 | -48.5% |
| Taxes | 450/3 | €9,623 | €4,955 | -€4,668 | -48.5% |
| Other amounts payable | 47/48 | €409 | - | -€409 | |
| Accrued charges and deferred income | 492/3 | €1,654 | €3,741 | +€2,087 | +126% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,600 | €10,587 | +€4,987 | +89.1% |
| Other operating charges | 640/8 | €622 | €632 | +€10 | +1.6% |
| Gross operating margin | 9900 | €7,894 | €63,807 | +€55,913 | +708% |
| Operating profit (loss) | 9901 | €1,672 | €52,588 | +€50,916 | +3,045% |
| Financial income | 75/76B | €21 | - | -€21 | |
| Recurring financial income | 75 | €21 | - | -€21 | |
| Financial charges | 65/66B | €1,599 | €3,541 | +€1,942 | +121% |
| Recurring financial charges | 65 | €1,599 | €3,541 | +€1,942 | +121% |
| Profit (loss) for the period before taxes | 9903 | €94 | €49,047 | +€48,953 | +52,100% |
| Income taxes | 67/77 | €26 | €12,105 | +€12,079 | +47,184% |
| Profit (loss) for the period | 9904 | €68 | €36,942 | +€36,874 | +53,940% |
| Profit (loss) for the period to be appropriated | 9905 | €68 | €36,942 | +€36,874 | +53,940% |
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 29 October 2026 via checked.be.