DUPRO: 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.
What changed
DUPRO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €302,641+€853,934
Equity
€13.6m
2024 · €12.4m+€1.2m
Cash
€767,290
2024 · €185,044+€582,246
Balance sheet total
€24.6m
2024 · €23.4m+€1.2m
Largest movements
Assets
- Financial fixed assets +€2.2m
up €2.2m (+138%), from €1.6m to €3.9m
- Current investments -€1.3m
down €1.3m (-38.2%), from €3.4m to €2.1m
- Cash +€582,246
up €582,246 (+315%), from €185,044 to €767,290
mainly Current investments (+€1.3m) and Net result for the year (+€1.2m)
- Receivables within one year -€502,014
down €502,014 (-49.3%), from €1.0m to €515,402
of which Other amounts receivable: -€505,011
Equity and liabilities
- Reserves +€1.2m
up €1.2m (+12.1%), from €9.5m to €10.7m
of which Tax-exempt reserves: +€624,849
- Current portion of long-term debt +€266,996
up €266,996 (+21.2%), from €1.3m to €1.5m
Income statement
- Gross operating margin +€1.0m
up €1.0m (+50.1%), from €2.1m to €3.1m
- Taxes -€48,657
down €48,657 (-20.6%), from €235,685 to €187,028
- Financial income -€45,348
down €45,348 (-27.0%), from €167,752 to €122,404
- Financial charges +€44,755
up €44,755 (+10.2%), from €438,668 to €483,423
of which Financial charges: +€55,926
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.
Result 2024
€302,641
Gross operating margin
+€1.0m
Staff costs
+€10,871
Depreciation
-€5,917
Write-downs
-€5,615
Other operating charges
-€23,340
Other operating items
-€110,500
Financial income
-€45,348
Financial charges
-€44,755
Taxes
+€48,657
Result 2025
€1.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.6m
Investment
-€2.1m
Financing
+€89,612
Cash 2024
€185,044
From operations (derived)
+€2.6m
Net result for the year
+€1.2m
Depreciation
+€960,330
Receivables within one year
+€502,014
Deferred charges and accrued income
+€52,563
Trade debts
+€12,683
Tax, wage and social debts
+€20,485
Other debts
-€180,347
Accrued charges and deferred income
+€80,460
Investment (derived)
-€2.1m
Investment in fixed assets (net)
-€3.4m
Current investments
+€1.3m
Financing
+€89,612
Debts after one year
-€177,219
Current portion of long-term debt
+€266,996
Short-term financial debts
-€165
Cash 2025
€767,290
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,415,075 | €24,594,543 | +€1.2m | +5.0% |
| Fixed assets | 21/28 | €18,746,252 | €21,198,052 | +€2.5m | +13.1% |
| Tangible fixed assets | 22/27 | €17,117,553 | €17,319,404 | +€201,851 | +1.2% |
| Land and buildings | 22 | €16,974,347 | €17,209,510 | +€235,164 | +1.4% |
| Plant, machinery and equipment | 23 | €1,738 | €1,018 | -€720 | -41.4% |
| Furniture and vehicles | 24 | €141,469 | €108,876 | -€32,593 | -23.0% |
| Financial fixed assets | 28 | €1,628,699 | €3,878,648 | +€2.2m | +138% |
| Current assets | 29/58 | €4,668,823 | €3,396,491 | -€1.3m | -27.3% |
| Amounts receivable within one year | 40/41 | €1,017,416 | €515,402 | -€502,014 | -49.3% |
| Trade receivables | 40 | €40,608 | €43,605 | +€2,997 | +7.4% |
| Other amounts receivable | 41 | €976,808 | €471,797 | -€505,011 | -51.7% |
| Current investments | 50/53 | €3,400,000 | €2,100,000 | -€1.3m | -38.2% |
| Cash at bank and in hand | 54/58 | €185,044 | €767,290 | +€582,246 | +315% |
| Deferred charges and accrued income | 490/1 | €66,363 | €13,799 | -€52,563 | -79.2% |
| Total equity and liabilities | 10/49 | €23,415,075 | €24,594,543 | +€1.2m | +5.0% |
| Equity | 10/15 | €12,444,404 | €13,600,978 | +€1.2m | +9.3% |
| Contributions | 10/11 | €2,911,342 | €2,911,342 | = | 0.0% |
| Capital | 10 | €2,911,000 | €2,911,000 | = | 0.0% |
| Issued capital | 100 | €2,911,000 | €2,911,000 | = | 0.0% |
| Contributions outside capital | 11 | €342 | €342 | = | 0.0% |
| Share premium | 1100/10 | €342 | €342 | = | 0.0% |
| Reserves | 13 | €9,533,062 | €10,689,636 | +€1.2m | +12.1% |
| Non-distributable reserves | 130/1 | €291,100 | €291,100 | = | 0.0% |
| Legal reserve | 130 | €291,100 | €291,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,785,137 | €6,409,986 | +€624,849 | +10.8% |
| Distributable reserves | 133 | €3,456,825 | €3,988,550 | +€531,725 | +15.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,970,671 | €10,993,565 | +€22,894 | +0.2% |
| Amounts payable after more than one year | 17 | €3,553,551 | €3,376,332 | -€177,219 | -5.0% |
| Financial debts | 170/4 | €3,553,551 | €3,376,332 | -€177,219 | -5.0% |
| Amounts payable within one year | 42/48 | €6,984,464 | €7,104,117 | +€119,653 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €1,260,223 | €1,527,219 | +€266,996 | +21.2% |
| Financial debts | 43 | €67,535 | €67,371 | -€165 | -0.2% |
| Credit institutions | 430/8 | €67,535 | €67,371 | -€165 | -0.2% |
| Trade debts | 44 | €56,369 | €69,052 | +€12,683 | +22.5% |
| Suppliers | 440/4 | €56,369 | €69,052 | +€12,683 | +22.5% |
| Taxes, remuneration and social security | 45 | €98,703 | €119,188 | +€20,485 | +20.8% |
| Taxes | 450/3 | €91,812 | €114,587 | +€22,774 | +24.8% |
| Remuneration and social security | 454/9 | €6,891 | €4,602 | -€2,289 | -33.2% |
| Other amounts payable | 47/48 | €5,501,634 | €5,321,287 | -€180,347 | -3.3% |
| Accrued charges and deferred income | 492/3 | €432,656 | €513,116 | +€80,460 | +18.6% |
| Non-recurring operating income | 76A | €2,300 | €1,050,000 | +€1.0m | +45,552% |
| Remuneration, social security and pensions | 62 | €83,355 | €72,483 | -€10,871 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €954,413 | €960,330 | +€5,917 | +0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,615 | +€5,615 | |
| Other operating charges | 640/8 | €209,678 | €233,019 | +€23,340 | +11.1% |
| Non-recurring operating charges | 66A | €0 | €110,500 | +€110,500 | |
| Gross operating margin | 9900 | €2,056,689 | €3,086,569 | +€1.0m | +50.1% |
| Operating profit (loss) | 9901 | €809,242 | €1,704,622 | +€895,380 | +111% |
| Financial income | 75/76B | €167,752 | €122,404 | -€45,348 | -27.0% |
| Recurring financial income | 75 | €167,752 | €122,404 | -€45,348 | -27.0% |
| Financial charges | 65/66B | €438,668 | €483,423 | +€44,755 | +10.2% |
| Recurring financial charges | 65 | €427,497 | €483,423 | +€55,926 | +13.1% |
| Non-recurring financial charges | 66B | €11,171 | €0 | -€11,171 | -100% |
| Profit (loss) for the period before taxes | 9903 | €538,326 | €1,343,603 | +€805,277 | +150% |
| Income taxes | 67/77 | €235,685 | €187,028 | -€48,657 | -20.6% |
| Profit (loss) for the period | 9904 | €302,641 | €1,156,574 | +€853,934 | +282% |
| Transfer from tax-exempt reserves | 789 | €384,593 | €425,151 | +€40,558 | +10.5% |
| Transfer to tax-exempt reserves | 689 | - | €1,050,000 | +€1.1m | |
| Profit (loss) for the period to be appropriated | 9905 | €687,234 | €531,725 | -€155,509 | -22.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.