DUOFISK: 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.
DUOFISK
Largest movements
- Current investments +€45,000
up €45,000 (+89.5%), from €50,307 to €95,307
- Receivables within one year -€19,976
down €19,976 (-8.4%), from €238,174 to €218,198
of which Other amounts receivable: -€24,903
- Tangible fixed assets +€13,065
up €13,065 (+149.2%), from €8,755 to €21,820
- Cash +€10,027
up €10,027 (+3.5%), from €287,189 to €297,217
mainly Net result for the year (+€76,759) and Trade debts (+€39,283)
- Trade debts +€39,283
up €39,283 (+139.2%), from €28,229 to €67,513
- Tax, wage and social debts +€29,207
up €29,207 (+36.7%), from €79,683 to €108,890
of which Taxes: +€25,453
- Reserves -€23,241
down €23,241 (-5.5%), from €425,683 to €402,442
- Other debts +€7,867
up €7,867 (+25.4%), from €30,930 to €38,797
- Staff costs +€23,736
up €23,736 (+43.9%), from €54,048 to €77,784
- Taxes -€11,722
down €11,722 (-23.3%), from €50,204 to €38,482
- Gross operating margin -€6,656
down €6,656 (-3.2%), from €209,042 to €202,387
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 | €584,525 | €637,642 | +€53,117 | +9.1% |
| Fixed assets | 21/28 | €8,855 | €21,920 | +€13,065 | +147.5% |
| Tangible fixed assets | 22/27 | €8,755 | €21,820 | +€13,065 | +149.2% |
| Furniture and vehicles | 24 | €8,755 | €21,820 | +€13,065 | +149.2% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €575,670 | €615,722 | +€40,052 | +7.0% |
| Amounts receivable within one year | 40/41 | €238,174 | €218,198 | -€19,976 | -8.4% |
| Trade receivables | 40 | €187,474 | €192,401 | +€4,927 | +2.6% |
| Other amounts receivable | 41 | €50,700 | €25,797 | -€24,903 | -49.1% |
| Current investments | 50/53 | €50,307 | €95,307 | +€45,000 | +89.5% |
| Cash at bank and in hand | 54/58 | €287,189 | €297,217 | +€10,027 | +3.5% |
| Deferred charges and accrued income | 490/1 | - | €5,000 | +€5,000 | |
| Total equity and liabilities | 10/49 | €584,525 | €637,642 | +€53,117 | +9.1% |
| Equity | 10/15 | €445,683 | €422,442 | -€23,241 | -5.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €425,683 | €402,442 | -€23,241 | -5.5% |
| Distributable reserves | 133 | €425,683 | €402,442 | -€23,241 | -5.5% |
| Amounts payable | 17/49 | €138,842 | €215,200 | +€76,358 | +55.0% |
| Amounts payable within one year | 42/48 | €138,842 | €215,200 | +€76,358 | +55.0% |
| Trade debts | 44 | €28,229 | €67,513 | +€39,283 | +139.2% |
| Suppliers | 440/4 | €28,229 | €67,513 | +€39,283 | +139.2% |
| Taxes, remuneration and social security | 45 | €79,683 | €108,890 | +€29,207 | +36.7% |
| Taxes | 450/3 | €72,865 | €98,317 | +€25,453 | +34.9% |
| Remuneration and social security | 454/9 | €6,818 | €10,573 | +€3,755 | +55.1% |
| Other amounts payable | 47/48 | €30,930 | €38,797 | +€7,867 | +25.4% |
| Remuneration, social security and pensions | 62 | €54,048 | €77,784 | +€23,736 | +43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,171 | €6,828 | +€657 | +10.6% |
| Other operating charges | 640/8 | €2,222 | €1,321 | -€901 | -40.5% |
| Gross operating margin | 9900 | €209,042 | €202,387 | -€6,656 | -3.2% |
| Operating profit (loss) | 9901 | €146,601 | €116,454 | -€30,148 | -20.6% |
| Financial income | 75/76B | €1,540 | €1,450 | -€90 | -5.8% |
| Recurring financial income | 75 | €1,540 | €1,450 | -€90 | -5.8% |
| Financial charges | 65/66B | €4,131 | €2,663 | -€1,468 | -35.5% |
| Recurring financial charges | 65 | €4,131 | €2,663 | -€1,468 | -35.5% |
| Profit (loss) for the period before taxes | 9903 | €144,011 | €115,241 | -€28,770 | -20.0% |
| Income taxes | 67/77 | €50,204 | €38,482 | -€11,722 | -23.3% |
| Profit (loss) for the period | 9904 | €93,807 | €76,759 | -€17,048 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €93,807 | €76,759 | -€17,048 | -18.2% |
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 9 October 2026 via checked.be.