Duo Passion: 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.
Duo Passion
Largest movements
- Tangible fixed assets -€14,243
down €14,243 (-3.9%), from €368,981 to €354,738
of which Land and buildings: -€12,980
- Cash +€13,483
up €13,483 (+33.9%), from €39,770 to €53,253
mainly Depreciation (+€19,411) and Net result for the year (+€17,476)
- Debts after one year -€15,528
down €15,528 (-4.9%), from €319,591 to €304,063
- Profit (loss) carried forward +€8,064
up €8,064 (+15.9%), from €50,647 to €58,711
- Gross operating margin +€28,799
up €28,799 (+105%), from €27,335 to €56,134
- Purchases and services -€25,931
down €25,931 (-18.3%), from €142,050 to €116,119
- Depreciation +€17,230
up €17,230 (+790%), from €2,180 to €19,411
- Financial charges +€8,174
up €8,174 (+172%), from €4,766 to €12,940
- Turnover +€3,295
up €3,295 (+2.1%), from €156,160 to €159,455
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 | €414,105 | €412,469 | -€1,636 | -0.4% |
| Fixed assets | 21/28 | €368,981 | €354,738 | -€14,243 | -3.9% |
| Tangible fixed assets | 22/27 | €368,981 | €354,738 | -€14,243 | -3.9% |
| Land and buildings | 22 | €359,446 | €346,466 | -€12,980 | -3.6% |
| Plant, machinery and equipment | 23 | €1,011 | €1,011 | = | 0.0% |
| Furniture and vehicles | 24 | €8,525 | €7,262 | -€1,263 | -14.8% |
| Current assets | 29/58 | €45,124 | €57,731 | +€12,607 | +27.9% |
| Stocks and contracts in progress | 3 | €4,421 | €4,478 | +€57 | +1.3% |
| Stocks | 30/36 | €4,421 | €4,478 | +€57 | +1.3% |
| Amounts receivable within one year | 40/41 | €87 | - | -€87 | |
| Other amounts receivable | 41 | €87 | - | -€87 | |
| Cash at bank and in hand | 54/58 | €39,770 | €53,253 | +€13,483 | +33.9% |
| Deferred charges and accrued income | 490/1 | €846 | - | -€846 | |
| Total equity and liabilities | 10/49 | €414,105 | €412,469 | -€1,636 | -0.4% |
| Equity | 10/15 | €54,647 | €62,711 | +€8,064 | +14.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | €4,000 | = | 0.0% |
| Issued capital | 100 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,647 | €58,711 | +€8,064 | +15.9% |
| Amounts payable | 17/49 | €359,458 | €349,758 | -€9,700 | -2.7% |
| Amounts payable after more than one year | 17 | €319,591 | €304,063 | -€15,528 | -4.9% |
| Financial debts | 170/4 | €319,591 | €304,063 | -€15,528 | -4.9% |
| Amounts payable within one year | 42/48 | €39,492 | €45,695 | +€6,203 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €15,039 | €15,838 | +€799 | +5.3% |
| Trade debts | 44 | €5,004 | €3,919 | -€1,085 | -21.7% |
| Suppliers | 440/4 | €5,004 | €3,919 | -€1,085 | -21.7% |
| Taxes, remuneration and social security | 45 | €12,279 | €14,768 | +€2,489 | +20.3% |
| Taxes | 450/3 | €12,279 | €14,768 | +€2,489 | +20.3% |
| Other amounts payable | 47/48 | €7,169 | €11,169 | +€4,000 | +55.8% |
| Accrued charges and deferred income | 492/3 | €375 | - | -€375 | |
| Turnover | 70 | €156,160 | €159,455 | +€3,295 | +2.1% |
| Non-recurring operating income | 76A | - | €172,253 | +€172,253 | |
| Goods, raw materials, services and sundry goods | 60/61 | €142,050 | €116,119 | -€25,931 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,180 | €19,411 | +€17,230 | +790% |
| Other operating charges | 640/8 | €827 | €1,477 | +€650 | +78.6% |
| Gross operating margin | 9900 | €27,335 | €56,134 | +€28,799 | +105% |
| Operating profit (loss) | 9901 | €24,328 | €35,247 | +€10,919 | +44.9% |
| Financial income | 75/76B | €0 | €27 | +€27 | +274,000% |
| Recurring financial income | 75 | €0 | €27 | +€27 | +274,000% |
| Financial charges | 65/66B | €4,766 | €12,940 | +€8,174 | +172% |
| Recurring financial charges | 65 | €4,766 | €12,940 | +€8,174 | +172% |
| Profit (loss) for the period before taxes | 9903 | €19,562 | €22,335 | +€2,772 | +14.2% |
| Income taxes | 67/77 | €3,968 | €4,859 | +€891 | +22.4% |
| Profit (loss) for the period | 9904 | €15,594 | €17,476 | +€1,881 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,594 | €17,476 | +€1,881 | +12.1% |
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 26 October 2026 via checked.be.