DUO-TEK: 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-TEK
Largest movements
- Cash -€28,827
down €28,827 (-49.9%), from €57,782 to €28,955
mainly Receivables within one year (-€24,033) and Current investments (-€20,000)
- Receivables within one year +€24,033
up €24,033 (+262%), from €9,161 to €33,194
of which Trade receivables: +€23,537
- Current investments +€20,000
up €20,000 (+40.0%), from €49,998 to €69,998
- Tax, wage and social debts +€7,516
up €7,516 (+150%), from €5,003 to €12,519
of which Remuneration and social security: +€3,964
- Reserves +€3,500
up €3,500 (+8.0%), from €43,687 to €47,187
of which Distributable reserves: +€3,500
- Other debts +€2,847
up €2,847 (+5.9%), from €48,624 to €51,471
- Accrued charges and deferred income -€1,720
down €1,720 (-40.7%), from €4,230 to €2,510
- Gross operating margin -€4,085
down €4,085 (-22.2%), from €18,373 to €14,288
- Financial income -€2,031
down €2,031 (-71.1%), from €2,856 to €825
- Other operating charges +€2,000
up €2,000 (+100%), from €2,000 to €4,000
- Financial charges -€1,770
down €1,770 (-39.2%), from €4,514 to €2,744
- Depreciation -€1,680
down €1,680 (-55.7%), from €3,019 to €1,339
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 | €121,377 | €135,244 | +€13,867 | +11.4% |
| Fixed assets | 21/28 | €4,436 | €3,098 | -€1,339 | -30.2% |
| Tangible fixed assets | 22/27 | €4,436 | €3,098 | -€1,339 | -30.2% |
| Plant, machinery and equipment | 23 | €3,070 | €2,047 | -€1,023 | -33.3% |
| Furniture and vehicles | 24 | €1,366 | €1,051 | -€315 | -23.1% |
| Current assets | 29/58 | €116,941 | €132,146 | +€15,206 | +13.0% |
| Amounts receivable within one year | 40/41 | €9,161 | €33,194 | +€24,033 | +262% |
| Trade receivables | 40 | €8,666 | €32,203 | +€23,537 | +272% |
| Other amounts receivable | 41 | €496 | €991 | +€496 | +100% |
| Current investments | 50/53 | €49,998 | €69,998 | +€20,000 | +40.0% |
| Cash at bank and in hand | 54/58 | €57,782 | €28,955 | -€28,827 | -49.9% |
| Total equity and liabilities | 10/49 | €121,377 | €135,244 | +€13,867 | +11.4% |
| Equity | 10/15 | €60,494 | €64,463 | +€3,969 | +6.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €43,687 | €47,187 | +€3,500 | +8.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €41,827 | €45,327 | +€3,500 | +8.4% |
| Profit (loss) carried forward | 14 | €10,606 | €11,075 | +€469 | +4.4% |
| Amounts payable | 17/49 | €60,883 | €70,781 | +€9,898 | +16.3% |
| Amounts payable within one year | 42/48 | €56,653 | €68,271 | +€11,618 | +20.5% |
| Trade debts | 44 | €3,025 | €4,281 | +€1,256 | +41.5% |
| Suppliers | 440/4 | €3,025 | €4,281 | +€1,256 | +41.5% |
| Taxes, remuneration and social security | 45 | €5,003 | €12,519 | +€7,516 | +150% |
| Taxes | 450/3 | €1,179 | €4,731 | +€3,552 | +301% |
| Remuneration and social security | 454/9 | €3,825 | €7,789 | +€3,964 | +104% |
| Other amounts payable | 47/48 | €48,624 | €51,471 | +€2,847 | +5.9% |
| Accrued charges and deferred income | 492/3 | €4,230 | €2,510 | -€1,720 | -40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,019 | €1,339 | -€1,680 | -55.7% |
| Other operating charges | 640/8 | €2,000 | €4,000 | +€2,000 | +100% |
| Gross operating margin | 9900 | €18,373 | €14,288 | -€4,085 | -22.2% |
| Operating profit (loss) | 9901 | €13,354 | €8,949 | -€4,405 | -33.0% |
| Financial income | 75/76B | €2,856 | €825 | -€2,031 | -71.1% |
| Recurring financial income | 75 | €2,856 | €825 | -€2,031 | -71.1% |
| Financial charges | 65/66B | €4,514 | €2,744 | -€1,770 | -39.2% |
| Recurring financial charges | 65 | €4,514 | €2,744 | -€1,770 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | €11,696 | €7,030 | -€4,666 | -39.9% |
| Income taxes | 67/77 | €3,701 | €3,061 | -€640 | -17.3% |
| Profit (loss) for the period | 9904 | €7,995 | €3,969 | -€4,026 | -50.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,995 | €3,969 | -€4,026 | -50.4% |
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 19 October 2026 via checked.be.