DUO VERDE: 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 VERDE
Largest movements
- Stocks and contracts +€28,964
up €28,964 (+828%), from €3,500 to €32,464
- Tangible fixed assets -€8,067
down €8,067 (-15.9%), from €50,717 to €42,649
of which Furniture and vehicles: -€4,650
- Receivables within one year -€7,245
down €7,245 (-12.1%), from €59,651 to €52,406
of which Trade receivables: -€5,814
- Trade debts +€32,142
up €32,142 (+263%), from €12,211 to €44,353
- Tax, wage and social debts -€27,510
down €27,510 (-43.4%), from €63,441 to €35,932
of which Remuneration and social security: -€15,261
- Other debts +€26,887
new in 2025: €26,887
- Current portion of long-term debt -€16,937
no longer reported in 2025 (was €16,937)
- Gross operating margin +€16,192
up €16,192 (+7.5%), from €216,636 to €232,829
- Taxes +€6,437
up €6,437 (+39.5%), from €16,314 to €22,751
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 | €124,660 | €139,241 | +€14,581 | +11.7% |
| Fixed assets | 21/28 | €50,717 | €42,649 | -€8,067 | -15.9% |
| Tangible fixed assets | 22/27 | €50,717 | €42,649 | -€8,067 | -15.9% |
| Land and buildings | 22 | €26,040 | €24,920 | -€1,120 | -4.3% |
| Plant, machinery and equipment | 23 | €1,916 | €749 | -€1,167 | -60.9% |
| Furniture and vehicles | 24 | €12,505 | €7,855 | -€4,650 | -37.2% |
| Other tangible fixed assets | 26 | €10,255 | €9,125 | -€1,130 | -11.0% |
| Current assets | 29/58 | €73,943 | €96,591 | +€22,648 | +30.6% |
| Stocks and contracts in progress | 3 | €3,500 | €32,464 | +€28,964 | +828% |
| Contracts in progress | 37 | €3,500 | €32,464 | +€28,964 | +828% |
| Amounts receivable within one year | 40/41 | €59,651 | €52,406 | -€7,245 | -12.1% |
| Trade receivables | 40 | €58,220 | €52,406 | -€5,814 | -10.0% |
| Other amounts receivable | 41 | €1,431 | - | -€1,431 | |
| Cash at bank and in hand | 54/58 | €5,240 | €4,977 | -€263 | -5.0% |
| Deferred charges and accrued income | 490/1 | €5,552 | €6,744 | +€1,192 | +21.5% |
| Total equity and liabilities | 10/49 | €124,660 | €139,241 | +€14,581 | +11.7% |
| Equity | 10/15 | €32,070 | €32,070 | = | 0.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €19,670 | €19,670 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,709 | €1,709 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,709 | €1,709 | = | 0.0% |
| Distributable reserves | 133 | €17,961 | €17,961 | = | 0.0% |
| Amounts payable | 17/49 | €92,590 | €107,171 | +€14,581 | +15.7% |
| Amounts payable within one year | 42/48 | €92,590 | €107,171 | +€14,581 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €16,937 | - | -€16,937 | |
| Trade debts | 44 | €12,211 | €44,353 | +€32,142 | +263% |
| Suppliers | 440/4 | €12,211 | €44,353 | +€32,142 | +263% |
| Taxes, remuneration and social security | 45 | €63,441 | €35,932 | -€27,510 | -43.4% |
| Taxes | 450/3 | €35,559 | €23,310 | -€12,249 | -34.4% |
| Remuneration and social security | 454/9 | €27,882 | €12,621 | -€15,261 | -54.7% |
| Other amounts payable | 47/48 | - | €26,887 | +€26,887 | |
| Remuneration, social security and pensions | 62 | €177,256 | €177,017 | -€239 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,207 | €8,067 | -€140 | -1.7% |
| Other operating charges | 640/8 | €4,603 | €5,228 | +€626 | +13.6% |
| Gross operating margin | 9900 | €216,636 | €232,829 | +€16,192 | +7.5% |
| Operating profit (loss) | 9901 | €26,570 | €42,516 | +€15,946 | +60.0% |
| Financial income | 75/76B | €335 | €931 | +€596 | +178% |
| Recurring financial income | 75 | €335 | €931 | +€596 | +178% |
| Financial charges | 65/66B | €1,133 | €697 | -€437 | -38.5% |
| Recurring financial charges | 65 | €1,133 | €697 | -€437 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €25,773 | €42,751 | +€16,978 | +65.9% |
| Income taxes | 67/77 | €16,314 | €22,751 | +€6,437 | +39.5% |
| Profit (loss) for the period | 9904 | €9,459 | €20,000 | +€10,541 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €9,459 | €20,000 | +€10,541 | +111% |
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 30 October 2026 via checked.be.