DUPLINET: 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.
DUPLINET
Largest movements
- Current investments +€16,000
up €16,000 (+4.3%), from €369,000 to €385,000
- Tangible fixed assets -€11,225
down €11,225 (-6.0%), from €186,871 to €175,646
- Cash +€11,220
up €11,220 (+89.1%), from €12,599 to €23,819
mainly Other debts (+€28,165) and Net result for the year (+€20,979)
- Other debts +€28,165
up €28,165 (+223.0%), from €12,632 to €40,797
- Reserves -€19,119
down €19,119 (-27.0%), from €70,813 to €51,694
- Debts after one year +€6,300
new in 2025: €6,300
- Financial charges -€127,847
down €127,847 (-99.8%), from €128,118 to €271
of which Non-recurring financial charges: -€128,019
- Gross operating margin -€8,906
down €8,906 (-16.8%), from €52,896 to €43,990
- Write-downs -€8,849
down €8,849 (-100.0%), from €8,849 to €0
- Taxes +€2,359
up €2,359 (+31.6%), from €7,469 to €9,828
- Financial income +€1,623
up €1,623 (+26.9%), from €6,025 to €7,648
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 | €573,797 | €589,284 | +€15,488 | +2.7% |
| Fixed assets | 21/28 | €186,871 | €175,646 | -€11,225 | -6.0% |
| Tangible fixed assets | 22/27 | €186,871 | €175,646 | -€11,225 | -6.0% |
| Land and buildings | 22 | €186,871 | €175,646 | -€11,225 | -6.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €386,926 | €413,638 | +€26,713 | +6.9% |
| Amounts receivable within one year | 40/41 | €498 | €0 | -€498 | -100.0% |
| Other amounts receivable | 41 | €498 | €0 | -€498 | -100.0% |
| Current investments | 50/53 | €369,000 | €385,000 | +€16,000 | +4.3% |
| Cash at bank and in hand | 54/58 | €12,599 | €23,819 | +€11,220 | +89.1% |
| Deferred charges and accrued income | 490/1 | €4,829 | €4,820 | -€9 | -0.2% |
| Total equity and liabilities | 10/49 | €573,797 | €589,284 | +€15,488 | +2.7% |
| Equity | 10/15 | €558,776 | €539,657 | -€19,119 | -3.4% |
| Contributions | 10/11 | €414,739 | €414,739 | = | 0.0% |
| Reserves | 13 | €70,813 | €51,694 | -€19,119 | -27.0% |
| Distributable reserves | 133 | €70,813 | €51,694 | -€19,119 | -27.0% |
| Profit (loss) carried forward | 14 | €73,223 | €73,223 | = | 0.0% |
| Amounts payable | 17/49 | €15,021 | €49,628 | +€34,607 | +230.4% |
| Amounts payable after more than one year | 17 | - | €6,300 | +€6,300 | |
| Other amounts payable | 178/9 | - | €6,300 | +€6,300 | |
| Amounts payable within one year | 42/48 | €15,021 | €43,328 | +€28,307 | +188.5% |
| Taxes, remuneration and social security | 45 | €2,389 | €2,531 | +€142 | +5.9% |
| Taxes | 450/3 | €2,389 | €2,531 | +€142 | +5.9% |
| Other amounts payable | 47/48 | €12,632 | €40,797 | +€28,165 | +223.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,884 | €16,101 | +€217 | +1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,849 | €0 | -€8,849 | -100.0% |
| Other operating charges | 640/8 | €4,322 | €4,459 | +€136 | +3.2% |
| Gross operating margin | 9900 | €52,896 | €43,990 | -€8,906 | -16.8% |
| Operating profit (loss) | 9901 | €23,841 | €23,430 | -€410 | -1.7% |
| Financial income | 75/76B | €6,025 | €7,648 | +€1,623 | +26.9% |
| Recurring financial income | 75 | €6,025 | €7,648 | +€1,623 | +26.9% |
| Financial charges | 65/66B | €128,118 | €271 | -€127,847 | -99.8% |
| Recurring financial charges | 65 | €100 | €271 | +€171 | +171.9% |
| Non-recurring financial charges | 66B | €128,019 | €0 | -€128,019 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€98,253 | €30,807 | +€129,060 | |
| Income taxes | 67/77 | €7,469 | €9,828 | +€2,359 | +31.6% |
| Profit (loss) for the period | 9904 | -€105,722 | €20,979 | +€126,701 | |
| Profit (loss) for the period to be appropriated | 9905 | -€105,722 | €20,979 | +€126,701 |
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 30 September 2026 via checked.be.