DUODOC: what changed
Two fiscal 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.
DUODOC
Largest movements
- Cash +€42,978
up €42,978 (+48.1%), from €89,270 to €132,248
mainly Net result for the year (+€135,570) and Current investments (+€40,000)
- Current investments -€40,000
no longer reported in 2025 (was €40,000)
- Tangible fixed assets -€14,322
down €14,322 (-33.7%), from €42,488 to €28,166
of which Plant, machinery and equipment: -€8,992
- Receivables within one year +€5,233
up €5,233 (+93.6%), from €5,591 to €10,824
of which Trade receivables: +€10,430
- Deferred charges and accrued income -€3,797
down €3,797 (-20.2%), from €18,754 to €14,957
- Tax, wage and social debts -€16,783
down €16,783 (-64.1%), from €26,163 to €9,380
- Other debts +€6,470
up €6,470 (+3.9%), from €167,682 to €174,152
- Gross operating margin -€4,347
down €4,347 (-2.2%), from €194,012 to €189,665
- Depreciation -€2,133
down €2,133 (-13.0%), from €16,455 to €14,322
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.
Cash bridge derived
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 | €196,103 | €186,195 | -€9,908 | -5.1% |
| Fixed assets | 21/28 | €42,488 | €28,166 | -€14,322 | -33.7% |
| Tangible fixed assets | 22/27 | €42,488 | €28,166 | -€14,322 | -33.7% |
| Plant, machinery and equipment | 23 | €32,918 | €23,925 | -€8,992 | -27.3% |
| Furniture and vehicles | 24 | €6,853 | €1,853 | -€5,000 | -73.0% |
| Other tangible fixed assets | 26 | €2,718 | €2,388 | -€330 | -12.1% |
| Current assets | 29/58 | €153,615 | €158,029 | +€4,414 | +2.9% |
| Amounts receivable within one year | 40/41 | €5,591 | €10,824 | +€5,233 | +93.6% |
| Trade receivables | 40 | - | €10,430 | +€10,430 | |
| Other amounts receivable | 41 | €5,591 | €393 | -€5,197 | -93.0% |
| Current investments | 50/53 | €40,000 | - | -€40,000 | |
| Cash at bank and in hand | 54/58 | €89,270 | €132,248 | +€42,978 | +48.1% |
| Deferred charges and accrued income | 490/1 | €18,754 | €14,957 | -€3,797 | -20.2% |
| Total equity and liabilities | 10/49 | €196,103 | €186,195 | -€9,908 | -5.1% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €194,103 | €184,195 | -€9,908 | -5.1% |
| Amounts payable within one year | 42/48 | €194,103 | €184,195 | -€9,908 | -5.1% |
| Trade debts | 44 | €258 | €663 | +€406 | +157.2% |
| Suppliers | 440/4 | €258 | €663 | +€406 | +157.2% |
| Taxes, remuneration and social security | 45 | €26,163 | €9,380 | -€16,783 | -64.1% |
| Taxes | 450/3 | €26,163 | €9,380 | -€16,783 | -64.1% |
| Other amounts payable | 47/48 | €167,682 | €174,152 | +€6,470 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,455 | €14,322 | -€2,133 | -13.0% |
| Other operating charges | 640/8 | €632 | €649 | +€17 | +2.7% |
| Gross operating margin | 9900 | €194,012 | €189,665 | -€4,347 | -2.2% |
| Operating profit (loss) | 9901 | €176,925 | €174,694 | -€2,231 | -1.3% |
| Financial income | 75/76B | - | €1,036 | +€1,036 | |
| Recurring financial income | 75 | - | €1,036 | +€1,036 | |
| Financial charges | 65/66B | €50 | €54 | +€4 | +7.4% |
| Recurring financial charges | 65 | €50 | €54 | +€4 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €176,875 | €175,675 | -€1,199 | -0.7% |
| Income taxes | 67/77 | €40,744 | €40,105 | -€639 | -1.6% |
| Profit (loss) for the period | 9904 | €136,131 | €135,570 | -€561 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €136,131 | €135,570 | -€561 | -0.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.