DUOFLOW: 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.
DUOFLOW
Largest movements
- Receivables within one year +€12,531
up €12,531 (+133%), from €9,394 to €21,925
of which Other amounts receivable: +€6,845
- Cash -€9,680
down €9,680 (-9.0%), from €107,848 to €98,169
mainly Receivables within one year (-€12,531) and Investment in fixed assets (net) (-€9,328)
- Tangible fixed assets -€4,158
down €4,158 (-2.8%), from €149,743 to €145,585
of which Land and buildings: -€7,700
- Other debts +€7,500
up €7,500 (+75.0%), from €10,000 to €17,500
- Trade debts -€5,107
down €5,107 (-47.2%), from €10,813 to €5,705
- Profit (loss) carried forward -€3,018
down €3,018 (-1.4%), from €215,900 to €212,882
- Gross operating margin +€32,252
up €32,252 (+63.2%), from €51,059 to €83,311
- Taxes +€2,637
up €2,637 (+243%), from €1,084 to €3,721
- Staff costs +€1,760
up €1,760 (+2.8%), from €63,512 to €65,272
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 | €267,674 | €265,678 | -€1,996 | -0.7% |
| Fixed assets | 21/28 | €149,743 | €145,585 | -€4,158 | -2.8% |
| Tangible fixed assets | 22/27 | €149,743 | €145,585 | -€4,158 | -2.8% |
| Land and buildings | 22 | €137,760 | €130,060 | -€7,700 | -5.6% |
| Plant, machinery and equipment | 23 | €2,512 | €1,453 | -€1,059 | -42.2% |
| Furniture and vehicles | 24 | €2,946 | €8,678 | +€5,732 | +195% |
| Other tangible fixed assets | 26 | €6,525 | €5,393 | -€1,132 | -17.3% |
| Current assets | 29/58 | €117,931 | €120,094 | +€2,162 | +1.8% |
| Amounts receivable within one year | 40/41 | €9,394 | €21,925 | +€12,531 | +133% |
| Trade receivables | 40 | €4,186 | €9,872 | +€5,686 | +136% |
| Other amounts receivable | 41 | €5,208 | €12,053 | +€6,845 | +131% |
| Cash at bank and in hand | 54/58 | €107,848 | €98,169 | -€9,680 | -9.0% |
| Deferred charges and accrued income | 490/1 | €689 | €0 | -€689 | -100% |
| Total equity and liabilities | 10/49 | €267,674 | €265,678 | -€1,996 | -0.7% |
| Equity | 10/15 | €223,960 | €220,942 | -€3,018 | -1.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €215,900 | €212,882 | -€3,018 | -1.4% |
| Amounts payable | 17/49 | €43,715 | €44,737 | +€1,022 | +2.3% |
| Amounts payable within one year | 42/48 | €43,715 | €44,737 | +€1,022 | +2.3% |
| Trade debts | 44 | €10,813 | €5,705 | -€5,107 | -47.2% |
| Suppliers | 440/4 | €10,813 | €5,705 | -€5,107 | -47.2% |
| Taxes, remuneration and social security | 45 | €22,902 | €21,531 | -€1,371 | -6.0% |
| Taxes | 450/3 | €13,611 | €13,577 | -€33 | -0.2% |
| Remuneration and social security | 454/9 | €9,292 | €7,954 | -€1,337 | -14.4% |
| Other amounts payable | 47/48 | €10,000 | €17,500 | +€7,500 | +75.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €63,512 | €65,272 | +€1,760 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,845 | €13,486 | -€359 | -2.6% |
| Other operating charges | 640/8 | €2,201 | €2,217 | +€16 | +0.7% |
| Gross operating margin | 9900 | €51,059 | €83,311 | +€32,252 | +63.2% |
| Operating profit (loss) | 9901 | -€28,499 | €2,336 | +€30,836 | |
| Financial income | 75/76B | €1,071 | €791 | -€280 | -26.2% |
| Recurring financial income | 75 | €1,071 | €791 | -€280 | -26.2% |
| Financial charges | 65/66B | €285 | -€95 | -€379 | |
| Recurring financial charges | 65 | €285 | -€95 | -€379 | |
| Profit (loss) for the period before taxes | 9903 | -€27,713 | €3,222 | +€30,935 | |
| Income taxes | 67/77 | €1,084 | €3,721 | +€2,637 | +243% |
| Profit (loss) for the period | 9904 | -€28,797 | -€499 | +€28,298 | +98.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,797 | -€499 | +€28,298 | +98.3% |
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 14 October 2026 via checked.be.