Dupulthys Development: 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.
Dupulthys Development
Largest movements
- Cash +€307,755
up €307,755 (+311%), from €98,946 to €406,701
mainly Short-term financial debts (+€875,563) and Stocks and contracts (+€242,758)
- Stocks and contracts -€242,758
down €242,758 (-15.9%), from €1.5m to €1.3m
- Short-term financial debts +€875,563
new in 2025: €875,563
- Current portion of long-term debt -€590,000
no longer reported in 2025 (was €590,000)
- Other debts -€236,502
down €236,502 (-23.1%), from €1.0m to €787,611
- Gross operating margin +€11,235
up €11,235 (+17.6%), from €63,730 to €74,965
- Financial charges +€10,261
up €10,261 (+19.7%), from €52,091 to €62,353
- Taxes +€1,710
up €1,710 (+165%), from €1,037 to €2,747
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,628,394 | €1,693,391 | +€64,997 | +4.0% |
| Current assets | 29/58 | €1,628,394 | €1,693,391 | +€64,997 | +4.0% |
| Stocks and contracts in progress | 3 | €1,529,448 | €1,286,690 | -€242,758 | -15.9% |
| Stocks | 30/36 | €1,529,448 | €1,286,690 | -€242,758 | -15.9% |
| Cash at bank and in hand | 54/58 | €98,946 | €406,701 | +€307,755 | +311% |
| Total equity and liabilities | 10/49 | €1,628,394 | €1,693,391 | +€64,997 | +4.0% |
| Equity | 10/15 | €12,615 | €20,856 | +€8,241 | +65.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,615 | €10,856 | +€8,241 | +315% |
| Amounts payable | 17/49 | €1,615,780 | €1,672,536 | +€56,756 | +3.5% |
| Amounts payable within one year | 42/48 | €1,615,780 | €1,672,536 | +€56,756 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €590,000 | - | -€590,000 | |
| Financial debts | 43 | - | €875,563 | +€875,563 | |
| Credit institutions | 430/8 | - | €875,563 | +€875,563 | |
| Trade debts | 44 | €630 | €5,578 | +€4,947 | +785% |
| Suppliers | 440/4 | €630 | €5,578 | +€4,947 | +785% |
| Taxes, remuneration and social security | 45 | €1,037 | €3,784 | +€2,747 | +265% |
| Taxes | 450/3 | €1,037 | €3,784 | +€2,747 | +265% |
| Other amounts payable | 47/48 | €1,024,112 | €787,611 | -€236,502 | -23.1% |
| Other operating charges | 640/8 | €1,184 | €1,872 | +€687 | +58.1% |
| Non-recurring operating charges | 66A | €29 | - | -€29 | |
| Gross operating margin | 9900 | €63,730 | €74,965 | +€11,235 | +17.6% |
| Operating profit (loss) | 9901 | €62,517 | €73,093 | +€10,576 | +16.9% |
| Financial income | 75/76B | - | €247 | +€247 | |
| Recurring financial income | 75 | - | €247 | +€247 | |
| Financial charges | 65/66B | €52,091 | €62,353 | +€10,261 | +19.7% |
| Recurring financial charges | 65 | €52,091 | €62,353 | +€10,261 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €10,426 | €10,988 | +€562 | +5.4% |
| Income taxes | 67/77 | €1,037 | €2,747 | +€1,710 | +165% |
| Profit (loss) for the period | 9904 | €9,389 | €8,241 | -€1,148 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,389 | €8,241 | -€1,148 | -12.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.