DUPUIS: 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.
DUPUIS
Largest movements
- Receivables within one year -€86,019
down €86,019 (-12.5%), from €688,502 to €602,483
of which Other amounts receivable: -€81,457
- Tangible fixed assets -€23,029
down €23,029 (-4.3%), from €529,752 to €506,723
of which Land and buildings: -€14,460
- Cash -€13,105
down €13,105 (-49.8%), from €26,336 to €13,231
mainly Net result for the year (-€158,519) and Debts after one year (-€22,722)
- Profit (loss) carried forward -€158,530
down €158,530 (-32.9%), from €481,469 to €322,939
- Other debts +€56,066
up €56,066 (+40.0%), from €140,199 to €196,265
- Debts after one year -€22,722
down €22,722 (-9.5%), from €237,992 to €215,270
- Staff costs +€43,465
up €43,465 (+25.3%), from €171,905 to €215,370
- Taxes -€34,428
down €34,428 (-100.0%), from €34,432 to €4
- Depreciation -€15,134
down €15,134 (-38.1%), from €39,671 to €24,537
- Other operating charges -€3,937
down €3,937 (-63.3%), from €6,218 to €2,280
- Gross operating margin -€2,809
down €2,809 (-3.2%), from €88,978 to €86,169
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 | €1,262,413 | €1,142,862 | -€119,552 | -9.5% |
| Fixed assets | 21/28 | €530,305 | €507,276 | -€23,029 | -4.3% |
| Tangible fixed assets | 22/27 | €529,752 | €506,723 | -€23,029 | -4.3% |
| Land and buildings | 22 | €427,143 | €412,683 | -€14,460 | -3.4% |
| Furniture and vehicles | 24 | €14,405 | €5,836 | -€8,569 | -59.5% |
| Other tangible fixed assets | 26 | €88,204 | €88,204 | = | 0.0% |
| Financial fixed assets | 28 | €553 | €553 | = | 0.0% |
| Current assets | 29/58 | €732,109 | €635,586 | -€96,522 | -13.2% |
| Amounts receivable within one year | 40/41 | €688,502 | €602,483 | -€86,019 | -12.5% |
| Trade receivables | 40 | €17,751 | €13,188 | -€4,563 | -25.7% |
| Other amounts receivable | 41 | €670,751 | €589,294 | -€81,457 | -12.1% |
| Current investments | 50/53 | €2,470 | €3,674 | +€1,204 | +48.7% |
| Cash at bank and in hand | 54/58 | €26,336 | €13,231 | -€13,105 | -49.8% |
| Deferred charges and accrued income | 490/1 | €14,801 | €16,199 | +€1,398 | +9.4% |
| Total equity and liabilities | 10/49 | €1,262,413 | €1,142,862 | -€119,552 | -9.5% |
| Equity | 10/15 | €744,941 | €586,411 | -€158,530 | -21.3% |
| Contributions | 10/11 | €30,119 | €30,119 | = | 0.0% |
| Reserves | 13 | €233,353 | €233,353 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,012 | €3,012 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,012 | €3,012 | = | 0.0% |
| Tax-exempt reserves | 132 | €223,152 | €223,152 | = | 0.0% |
| Distributable reserves | 133 | €7,189 | €7,189 | = | 0.0% |
| Profit (loss) carried forward | 14 | €481,469 | €322,939 | -€158,530 | -32.9% |
| Provisions and deferred taxes | 16 | €74,384 | €74,384 | = | 0.0% |
| Deferred taxes | 168 | €74,384 | €74,384 | = | 0.0% |
| Amounts payable | 17/49 | €443,088 | €482,067 | +€38,979 | +8.8% |
| Amounts payable after more than one year | 17 | €237,992 | €215,270 | -€22,722 | -9.5% |
| Financial debts | 170/4 | €237,992 | €215,270 | -€22,722 | -9.5% |
| Amounts payable within one year | 42/48 | €204,698 | €266,795 | +€62,097 | +30.3% |
| Current portion of amounts payable after more than one year | 42 | €22,534 | €22,722 | +€188 | +0.8% |
| Trade debts | 44 | €22,259 | €26,776 | +€4,518 | +20.3% |
| Suppliers | 440/4 | €22,259 | €26,776 | +€4,518 | +20.3% |
| Taxes, remuneration and social security | 45 | €19,707 | €21,032 | +€1,325 | +6.7% |
| Remuneration and social security | 454/9 | €19,707 | €21,032 | +€1,325 | +6.7% |
| Other amounts payable | 47/48 | €140,199 | €196,265 | +€56,066 | +40.0% |
| Accrued charges and deferred income | 492/3 | €399 | €2 | -€397 | -99.5% |
| Remuneration, social security and pensions | 62 | €171,905 | €215,370 | +€43,465 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,671 | €24,537 | -€15,134 | -38.1% |
| Other operating charges | 640/8 | €6,218 | €2,280 | -€3,937 | -63.3% |
| Gross operating margin | 9900 | €88,978 | €86,169 | -€2,809 | -3.2% |
| Operating profit (loss) | 9901 | -€128,816 | -€156,018 | -€27,203 | -21.1% |
| Financial income | 75/76B | €5 | €12 | +€8 | +174.8% |
| Recurring financial income | 75 | €5 | €12 | +€8 | +174.8% |
| Financial charges | 65/66B | €3,232 | €2,510 | -€722 | -22.3% |
| Recurring financial charges | 65 | €3,232 | €2,510 | -€722 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | -€132,043 | -€158,515 | -€26,472 | -20.0% |
| Transfer from deferred taxes | 780 | €2,831 | - | -€2,831 | |
| Income taxes | 67/77 | €34,432 | €4 | -€34,428 | -100.0% |
| Profit (loss) for the period | 9904 | -€163,644 | -€158,519 | +€5,125 | +3.1% |
| Transfer from tax-exempt reserves | 789 | €8,492 | - | -€8,492 | |
| Profit (loss) for the period to be appropriated | 9905 | -€155,153 | -€158,519 | -€3,367 | -2.2% |
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 8 October 2026 via checked.be.