DUO TERRA: 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 TERRA
Largest movements
- Tangible fixed assets +€35,160
new in 2025: €35,160
of which Furniture and vehicles: +€31,352
- Current investments +€5,892
up €5,892 (+196%), from €3,002 to €8,894
- Cash +€4,522
up €4,522 (+7.4%), from €60,714 to €65,235
mainly Net result for the year (+€45,639) and Tax, wage and social debts (+€11,621)
- Deferred charges and accrued income +€1,452
new in 2025: €1,452
- Receivables within one year +€1,331
up €1,331 (+48.7%), from €2,732 to €4,063
of which Trade receivables: +€1,551
- Profit (loss) carried forward +€23,821
new in 2025: €23,821
- Reserves +€21,818
up €21,818 (+1,173%), from €1,860 to €23,678
of which Distributable reserves: +€23,678
- Tax, wage and social debts +€11,621
up €11,621 (+145%), from €8,038 to €19,659
of which Taxes: +€12,221
- Other debts -€8,051
down €8,051 (-27.1%), from €29,745 to €21,695
- Gross operating margin +€32,551
up €32,551 (+87.3%), from €37,280 to €69,831
- Taxes +€11,160
up €11,160 (+149%), from €7,506 to €18,666
- Depreciation +€4,742
new in 2025: €4,742
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 | €66,448 | €114,804 | +€48,357 | +72.8% |
| Fixed assets | 21/28 | - | €35,160 | +€35,160 | |
| Tangible fixed assets | 22/27 | - | €35,160 | +€35,160 | |
| Plant, machinery and equipment | 23 | - | €3,808 | +€3,808 | |
| Furniture and vehicles | 24 | - | €31,352 | +€31,352 | |
| Current assets | 29/58 | €66,448 | €79,645 | +€13,197 | +19.9% |
| Amounts receivable within one year | 40/41 | €2,732 | €4,063 | +€1,331 | +48.7% |
| Trade receivables | 40 | €19 | €1,570 | +€1,551 | +8,144% |
| Other amounts receivable | 41 | €2,713 | €2,494 | -€220 | -8.1% |
| Current investments | 50/53 | €3,002 | €8,894 | +€5,892 | +196% |
| Cash at bank and in hand | 54/58 | €60,714 | €65,235 | +€4,522 | +7.4% |
| Deferred charges and accrued income | 490/1 | - | €1,452 | +€1,452 | |
| Total equity and liabilities | 10/49 | €66,448 | €114,804 | +€48,357 | +72.8% |
| Equity | 10/15 | €20,460 | €66,099 | +€45,639 | +223% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €23,678 | +€21,818 | +1,173% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €23,678 | +€23,678 | |
| Profit (loss) carried forward | 14 | - | €23,821 | +€23,821 | |
| Amounts payable | 17/49 | €45,988 | €48,705 | +€2,717 | +5.9% |
| Amounts payable within one year | 42/48 | €45,988 | €48,705 | +€2,717 | +5.9% |
| Trade debts | 44 | €8,204 | €7,351 | -€853 | -10.4% |
| Suppliers | 440/4 | €8,204 | €7,351 | -€853 | -10.4% |
| Taxes, remuneration and social security | 45 | €8,038 | €19,659 | +€11,621 | +145% |
| Taxes | 450/3 | €7,438 | €19,659 | +€12,221 | +164% |
| Remuneration and social security | 454/9 | €600 | - | -€600 | |
| Other amounts payable | 47/48 | €29,745 | €21,695 | -€8,051 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,742 | +€4,742 | |
| Other operating charges | 640/8 | €387 | €462 | +€75 | +19.4% |
| Gross operating margin | 9900 | €37,280 | €69,831 | +€32,551 | +87.3% |
| Operating profit (loss) | 9901 | €36,893 | €64,626 | +€27,734 | +75.2% |
| Financial income | 75/76B | €661 | - | -€661 | |
| Recurring financial income | 75 | €661 | - | -€661 | |
| Financial charges | 65/66B | €302 | €321 | +€20 | +6.5% |
| Recurring financial charges | 65 | €302 | €321 | +€20 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €37,252 | €64,305 | +€27,053 | +72.6% |
| Income taxes | 67/77 | €7,506 | €18,666 | +€11,160 | +149% |
| Profit (loss) for the period | 9904 | €29,745 | €45,639 | +€15,894 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,745 | €45,639 | +€15,894 | +53.4% |
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 25 October 2026 via checked.be.