DUOTEC: 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.
DUOTEC
Largest movements
- Cash -€30,936
down €30,936 (-87.6%), from €35,317 to €4,381
mainly Short-term financial debts (-€50,000) and Net result for the year (-€22,800)
- Receivables within one year -€20,033
down €20,033 (-35.1%), from €57,023 to €36,990
of which Trade receivables: -€13,052
- Tangible fixed assets -€10,087
down €10,087 (-32.7%), from €30,887 to €20,800
of which Furniture and vehicles: -€9,916
- Stocks and contracts +€4,332
up €4,332 (+11.0%), from €39,532 to €43,863
of which Contracts in progress: +€17,578
- Deferred charges and accrued income -€1,823
down €1,823 (-52.2%), from €3,494 to €1,671
- Short-term financial debts -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Reserves -€22,800
down €22,800 (-35.1%), from €64,906 to €42,107
- Other debts +€21,292
up €21,292 (+360.6%), from €5,905 to €27,197
- Debts after one year -€7,808
down €7,808 (-52.3%), from €14,937 to €7,128
- Trade debts +€3,275
up €3,275 (+23.1%), from €14,184 to €17,459
- Gross operating margin -€36,556
down €36,556, from €28,701 to -€7,855
- Taxes -€3,863
down €3,863 (-99.7%), from €3,874 to €11
- Financial charges +€2,353
up €2,353 (+92.1%), from €2,554 to €4,907
- Depreciation -€844
down €844 (-10.4%), from €8,082 to €7,238
- Other operating charges -€332
down €332 (-40.7%), from €817 to €485
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 | €166,253 | €107,704 | -€58,548 | -35.2% |
| Fixed assets | 21/28 | €30,887 | €20,800 | -€10,087 | -32.7% |
| Tangible fixed assets | 22/27 | €30,887 | €20,800 | -€10,087 | -32.7% |
| Plant, machinery and equipment | 23 | €259 | €88 | -€171 | -66.0% |
| Furniture and vehicles | 24 | €30,628 | €20,712 | -€9,916 | -32.4% |
| Current assets | 29/58 | €135,366 | €86,905 | -€48,461 | -35.8% |
| Stocks and contracts in progress | 3 | €39,532 | €43,863 | +€4,332 | +11.0% |
| Stocks | 30/36 | €39,532 | €26,286 | -€13,246 | -33.5% |
| Contracts in progress | 37 | - | €17,578 | +€17,578 | |
| Amounts receivable within one year | 40/41 | €57,023 | €36,990 | -€20,033 | -35.1% |
| Trade receivables | 40 | €47,809 | €34,757 | -€13,052 | -27.3% |
| Other amounts receivable | 41 | €9,214 | €2,233 | -€6,981 | -75.8% |
| Cash at bank and in hand | 54/58 | €35,317 | €4,381 | -€30,936 | -87.6% |
| Deferred charges and accrued income | 490/1 | €3,494 | €1,671 | -€1,823 | -52.2% |
| Total equity and liabilities | 10/49 | €166,253 | €107,704 | -€58,548 | -35.2% |
| Equity | 10/15 | €69,906 | €47,107 | -€22,800 | -32.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €64,906 | €42,107 | -€22,800 | -35.1% |
| Distributable reserves | 133 | €64,906 | €42,107 | -€22,800 | -35.1% |
| Amounts payable | 17/49 | €96,346 | €60,598 | -€35,748 | -37.1% |
| Amounts payable after more than one year | 17 | €14,937 | €7,128 | -€7,808 | -52.3% |
| Financial debts | 170/4 | €14,937 | €7,128 | -€7,808 | -52.3% |
| Amounts payable within one year | 42/48 | €81,409 | €53,469 | -€27,940 | -34.3% |
| Current portion of amounts payable after more than one year | 42 | €10,065 | €7,808 | -€2,257 | -22.4% |
| Financial debts | 43 | €50,000 | €0 | -€50,000 | -100.0% |
| Credit institutions | 430/8 | €50,000 | €0 | -€50,000 | -100.0% |
| Trade debts | 44 | €14,184 | €17,459 | +€3,275 | +23.1% |
| Suppliers | 440/4 | €14,184 | €17,459 | +€3,275 | +23.1% |
| Advances received on contracts in progress | 46 | €1,005 | €1,005 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €250 | €0 | -€250 | -100.0% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €250 | €0 | -€250 | -100.0% |
| Other amounts payable | 47/48 | €5,905 | €27,197 | +€21,292 | +360.6% |
| Non-recurring operating income | 76A | €789 | €0 | -€789 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,082 | €7,238 | -€844 | -10.4% |
| Other operating charges | 640/8 | €817 | €485 | -€332 | -40.7% |
| Non-recurring operating charges | 66A | €2,337 | €2,349 | +€12 | +0.5% |
| Gross operating margin | 9900 | €28,701 | -€7,855 | -€36,556 | |
| Operating profit (loss) | 9901 | €17,465 | -€17,927 | -€35,392 | |
| Financial income | 75/76B | €19 | €46 | +€27 | +138.5% |
| Recurring financial income | 75 | €19 | €46 | +€27 | +138.5% |
| Financial charges | 65/66B | €2,554 | €4,907 | +€2,353 | +92.1% |
| Recurring financial charges | 65 | €2,554 | €4,907 | +€2,353 | +92.1% |
| Profit (loss) for the period before taxes | 9903 | €14,930 | -€22,789 | -€37,719 | |
| Income taxes | 67/77 | €3,874 | €11 | -€3,863 | -99.7% |
| Profit (loss) for the period | 9904 | €11,056 | -€22,800 | -€33,856 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,056 | -€22,800 | -€33,856 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.