DUPLEO: 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.
DUPLEO
Largest movements
- Cash -€107,665
down €107,665 (-47.2%), from €228,291 to €120,626
mainly Other debts (-€112,242) and Contributions, distributions and other (-€50,000)
- Receivables within one year -€20,029
down €20,029 (-53.6%), from €37,339 to €17,309
of which Trade receivables: -€20,029
- Other debts -€112,242
down €112,242 (-60.0%), from €187,220 to €74,978
- Profit (loss) carried forward -€19,967
down €19,967 (-78.5%), from €25,426 to €5,459
- Provisions +€9,774
up €9,774 (+32.0%), from €30,507 to €40,282
- Tax, wage and social debts -€6,145
down €6,145 (-47.1%), from €13,037 to €6,892
- Provisions -€20,733
down €20,733 (-68.0%), from €30,507 to €9,774
- Gross operating margin -€8,554
down €8,554 (-10.3%), from €83,275 to €74,721
- Financial income +€7,706
up €7,706 (+1963.3%), from €392 to €8,098
- Financial charges -€7,445
down €7,445 (-18.9%), from €39,468 to €32,023
- Other operating charges -€1,874
down €1,874 (-70.0%), from €2,678 to €804
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 | €277,209 | €149,257 | -€127,953 | -46.2% |
| Fixed assets | 21/28 | €8,939 | €7,850 | -€1,089 | -12.2% |
| Tangible fixed assets | 22/27 | €1,939 | €850 | -€1,089 | -56.2% |
| Furniture and vehicles | 24 | €1,939 | €850 | -€1,089 | -56.2% |
| Financial fixed assets | 28 | €7,000 | €7,000 | = | 0.0% |
| Current assets | 29/58 | €268,270 | €141,406 | -€126,863 | -47.3% |
| Amounts receivable within one year | 40/41 | €37,339 | €17,309 | -€20,029 | -53.6% |
| Trade receivables | 40 | €32,830 | €12,801 | -€20,029 | -61.0% |
| Other amounts receivable | 41 | €4,508 | €4,508 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €228,291 | €120,626 | -€107,665 | -47.2% |
| Deferred charges and accrued income | 490/1 | €2,640 | €3,470 | +€831 | +31.5% |
| Total equity and liabilities | 10/49 | €277,209 | €149,257 | -€127,953 | -46.2% |
| Equity | 10/15 | €45,886 | €25,919 | -€19,967 | -43.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,426 | €5,459 | -€19,967 | -78.5% |
| Provisions and deferred taxes | 16 | €30,507 | €40,282 | +€9,774 | +32.0% |
| Provisions for liabilities and charges | 160/5 | €30,507 | €40,282 | +€9,774 | +32.0% |
| Other liabilities and charges | 164/5 | €30,507 | €40,282 | +€9,774 | +32.0% |
| Amounts payable | 17/49 | €200,816 | €83,056 | -€117,760 | -58.6% |
| Amounts payable within one year | 42/48 | €200,816 | €82,915 | -€117,901 | -58.7% |
| Trade debts | 44 | €558 | €1,045 | +€486 | +87.1% |
| Suppliers | 440/4 | €558 | €1,045 | +€486 | +87.1% |
| Taxes, remuneration and social security | 45 | €13,037 | €6,892 | -€6,145 | -47.1% |
| Taxes | 450/3 | €13,037 | €6,892 | -€6,145 | -47.1% |
| Other amounts payable | 47/48 | €187,220 | €74,978 | -€112,242 | -60.0% |
| Accrued charges and deferred income | 492/3 | - | €141 | +€141 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,273 | €1,089 | -€184 | -14.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €30,507 | €9,774 | -€20,733 | -68.0% |
| Other operating charges | 640/8 | €2,678 | €804 | -€1,874 | -70.0% |
| Gross operating margin | 9900 | €83,275 | €74,721 | -€8,554 | -10.3% |
| Operating profit (loss) | 9901 | €48,817 | €63,053 | +€14,236 | +29.2% |
| Financial income | 75/76B | €392 | €8,098 | +€7,706 | +1963.3% |
| Recurring financial income | 75 | €392 | €8,098 | +€7,706 | +1963.3% |
| Financial charges | 65/66B | €39,468 | €32,023 | -€7,445 | -18.9% |
| Recurring financial charges | 65 | €39,468 | €32,023 | -€7,445 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €9,741 | €39,129 | +€29,388 | +301.7% |
| Income taxes | 67/77 | €10,082 | €9,096 | -€986 | -9.8% |
| Profit (loss) for the period | 9904 | -€341 | €30,033 | +€30,374 | |
| Profit (loss) for the period to be appropriated | 9905 | -€341 | €30,033 | +€30,374 |
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 3 October 2026 via checked.be.