Duotech: 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.
Duotech
Largest movements
- Receivables within one year +€22,167
up €22,167 (+21.4%), from €103,342 to €125,509
of which Other amounts receivable: +€15,354
- Tangible fixed assets -€18,747
down €18,747 (-42.8%), from €43,803 to €25,055
- Deferred charges and accrued income -€6,107
no longer reported in 2025 (was €6,107)
- Reserves +€36,349
up €36,349 (+181.5%), from €20,022 to €56,371
- Profit (loss) carried forward -€35,521
down €35,521 (-100.0%), from €35,521 to €0
- Trade debts +€19,679
up €19,679 (+38.6%), from €50,958 to €70,637
- Debts after one year -€13,780
down €13,780 (-38.2%), from €36,120 to €22,340
- Short-term financial debts -€6,492
down €6,492 (-46.9%), from €13,835 to €7,343
- Gross operating margin -€28,214
down €28,214 (-53.8%), from €52,425 to €24,211
- Taxes -€6,617
down €6,617 (-92.8%), from €7,132 to €515
- Other operating charges -€2,510
down €2,510 (-67.6%), from €3,713 to €1,203
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 | €178,332 | €175,645 | -€2,688 | -1.5% |
| Fixed assets | 21/28 | €47,973 | €29,226 | -€18,747 | -39.1% |
| Tangible fixed assets | 22/27 | €43,803 | €25,055 | -€18,747 | -42.8% |
| Furniture and vehicles | 24 | €43,803 | €25,055 | -€18,747 | -42.8% |
| Financial fixed assets | 28 | €4,170 | €4,170 | = | 0.0% |
| Current assets | 29/58 | €130,359 | €146,419 | +€16,060 | +12.3% |
| Stocks and contracts in progress | 3 | €18,910 | €18,910 | = | 0.0% |
| Stocks | 30/36 | €18,910 | €18,910 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €103,342 | €125,509 | +€22,167 | +21.4% |
| Trade receivables | 40 | €42,671 | €49,483 | +€6,812 | +16.0% |
| Other amounts receivable | 41 | €60,672 | €76,026 | +€15,354 | +25.3% |
| Cash at bank and in hand | 54/58 | €2,000 | €2,000 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €6,107 | - | -€6,107 | |
| Total equity and liabilities | 10/49 | €178,332 | €175,645 | -€2,688 | -1.5% |
| Equity | 10/15 | €56,543 | €57,371 | +€828 | +1.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €20,022 | €56,371 | +€36,349 | +181.5% |
| Distributable reserves | 133 | €20,022 | €56,371 | +€36,349 | +181.5% |
| Profit (loss) carried forward | 14 | €35,521 | €0 | -€35,521 | -100.0% |
| Amounts payable | 17/49 | €121,789 | €118,274 | -€3,515 | -2.9% |
| Amounts payable after more than one year | 17 | €36,120 | €22,340 | -€13,780 | -38.2% |
| Financial debts | 170/4 | €36,120 | €22,340 | -€13,780 | -38.2% |
| Amounts payable within one year | 42/48 | €85,670 | €95,934 | +€10,264 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €13,142 | €13,780 | +€637 | +4.9% |
| Financial debts | 43 | €13,835 | €7,343 | -€6,492 | -46.9% |
| Credit institutions | 430/8 | €13,835 | €7,343 | -€6,492 | -46.9% |
| Trade debts | 44 | €50,958 | €70,637 | +€19,679 | +38.6% |
| Suppliers | 440/4 | €50,958 | €70,637 | +€19,679 | +38.6% |
| Taxes, remuneration and social security | 45 | €2,244 | €2,244 | = | 0.0% |
| Taxes | 450/3 | €2,244 | €2,244 | = | 0.0% |
| Other amounts payable | 47/48 | €5,491 | €1,930 | -€3,561 | -64.8% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,747 | €18,747 | = | 0.0% |
| Other operating charges | 640/8 | €3,713 | €1,203 | -€2,510 | -67.6% |
| Gross operating margin | 9900 | €52,425 | €24,211 | -€28,214 | -53.8% |
| Operating profit (loss) | 9901 | €29,965 | €4,261 | -€25,704 | -85.8% |
| Financial income | 75/76B | €922 | €562 | -€360 | -39.0% |
| Recurring financial income | 75 | €61 | €562 | +€502 | +826.6% |
| Non-recurring financial income | 76B | €862 | - | -€862 | |
| Financial charges | 65/66B | €3,733 | €3,481 | -€252 | -6.8% |
| Recurring financial charges | 65 | €3,733 | €3,481 | -€252 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €27,154 | €1,342 | -€25,811 | -95.1% |
| Income taxes | 67/77 | €7,132 | €515 | -€6,617 | -92.8% |
| Profit (loss) for the period | 9904 | €20,022 | €828 | -€19,194 | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,022 | €828 | -€19,194 | -95.9% |
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 7 October 2026 via checked.be.