DUO TABLEWARE: what changed
DUO TABLEWARE
Largest movements
- Receivables within one year +€2.1m
up €2.1m (+115%), from €1.8m to €3.9m
of which Trade receivables: +€2.1m
- Cash -€875,188
down €875,188 (-79.8%), from €1.1m to €222,036
mainly Receivables within one year (-€2.1m) and Other debts (-€1.2m)
- Stocks and contracts -€214,076
down €214,076 (-33.3%), from €643,044 to €428,968
- Trade debts +€1.9m
up €1.9m (+624%), from €296,907 to €2.1m
- Other debts -€1.2m
down €1.2m (-49.5%), from €2.4m to €1.2m
- Accrued charges and deferred income +€146,861
up €146,861 (+2,784%), from €5,275 to €152,136
- Reserves +€116,726
up €116,726 (+15.4%), from €755,759 to €872,485
- Tax, wage and social debts +€48,164
up €48,164 (+1,556%), from €3,096 to €51,260
- Gross operating margin -€450,373
down €450,373 (-23.9%), from €1.9m to €1.4m
- Write-downs +€174,103
new in 2024: €174,103
- Other operating charges +€113,685
up €113,685 (+273%), from €41,569 to €155,253
- Financial charges -€77,923
down €77,923 (-16.5%), from €473,434 to €395,511
- Financial income -€38,468
down €38,468 (-37.9%), from €101,411 to €62,944
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,556,605 | €4,553,721 | +€997,116 | +28.0% |
| Fixed assets | 21/28 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €0 | €0 | = | 0.0% |
| Current assets | 29/58 | €3,556,605 | €4,553,721 | +€997,116 | +28.0% |
| Stocks and contracts in progress | 3 | €643,044 | €428,968 | -€214,076 | -33.3% |
| Stocks | 30/36 | €643,044 | €428,968 | -€214,076 | -33.3% |
| Amounts receivable within one year | 40/41 | €1,814,363 | €3,900,608 | +€2.1m | +115% |
| Trade receivables | 40 | €1,676,706 | €3,818,138 | +€2.1m | +128% |
| Other amounts receivable | 41 | €137,657 | €82,470 | -€55,187 | -40.1% |
| Cash at bank and in hand | 54/58 | €1,097,223 | €222,036 | -€875,188 | -79.8% |
| Deferred charges and accrued income | 490/1 | €1,975 | €2,110 | +€135 | +6.8% |
| Total equity and liabilities | 10/49 | €3,556,605 | €4,553,721 | +€997,116 | +28.0% |
| Equity | 10/15 | €761,959 | €878,685 | +€116,726 | +15.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €755,759 | €872,485 | +€116,726 | +15.4% |
| Distributable reserves | 133 | €755,759 | €872,485 | +€116,726 | +15.4% |
| Amounts payable | 17/49 | €2,794,646 | €3,675,036 | +€880,390 | +31.5% |
| Amounts payable within one year | 42/48 | €2,789,371 | €3,522,900 | +€733,529 | +26.3% |
| Financial debts | 43 | €131,111 | €131,111 | = | 0.0% |
| Credit institutions | 430/8 | €131,111 | €131,111 | = | 0.0% |
| Trade debts | 44 | €296,907 | €2,148,566 | +€1.9m | +624% |
| Suppliers | 440/4 | €296,907 | €2,148,566 | +€1.9m | +624% |
| Taxes, remuneration and social security | 45 | €3,096 | €51,260 | +€48,164 | +1,556% |
| Taxes | 450/3 | €3,096 | €51,260 | +€48,164 | +1,556% |
| Other amounts payable | 47/48 | €2,358,257 | €1,191,963 | -€1.2m | -49.5% |
| Accrued charges and deferred income | 492/3 | €5,275 | €152,136 | +€146,861 | +2,784% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €174,103 | +€174,103 | |
| Other operating charges | 640/8 | €41,569 | €155,253 | +€113,685 | +273% |
| Gross operating margin | 9900 | €1,887,304 | €1,436,931 | -€450,373 | -23.9% |
| Operating profit (loss) | 9901 | €1,845,735 | €1,107,574 | -€738,161 | -40.0% |
| Financial income | 75/76B | €101,411 | €62,944 | -€38,468 | -37.9% |
| Recurring financial income | 75 | €101,411 | €62,944 | -€38,468 | -37.9% |
| Financial charges | 65/66B | €473,434 | €395,511 | -€77,923 | -16.5% |
| Recurring financial charges | 65 | €473,434 | €395,511 | -€77,923 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €1,473,713 | €775,007 | -€698,706 | -47.4% |
| Income taxes | 67/77 | €49,857 | €39,281 | -€10,577 | -21.2% |
| Profit (loss) for the period | 9904 | €1,423,855 | €735,726 | -€688,129 | -48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,423,855 | €735,726 | -€688,129 | -48.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.