DUQUESNOY Yves: 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.
DUQUESNOY Yves
Largest movements
- Receivables within one year +€42,966
up €42,966 (+95.7%), from €44,909 to €87,874
of which Trade receivables: +€42,942
- Tangible fixed assets +€29,770
up €29,770 (+510%), from €5,839 to €35,609
- Stocks and contracts -€26,503
down €26,503 (-10.8%), from €244,291 to €217,788
- Cash +€12,235
up €12,235 (+272%), from €4,493 to €16,728
mainly Net result for the year (+€53,100) and Stocks and contracts (+€26,503)
- Profit (loss) carried forward +€53,100
up €53,100 (+64.3%), from €82,591 to €135,692
- Short-term financial debts -€26,700
down €26,700 (-53.4%), from €50,000 to €23,300
- Debts after one year +€23,345
up €23,345 (+1,505%), from €1,551 to €24,896
- Trade debts +€16,120
up €16,120 (+47.3%), from €34,109 to €50,230
- Other debts -€10,760
down €10,760 (-58.9%), from €18,257 to €7,497
- Gross operating margin +€39,111
up €39,111 (+130%), from €30,165 to €69,276
- Depreciation +€6,150
up €6,150 (+272%), from €2,263 to €8,412
- Financial charges -€2,665
down €2,665 (-36.0%), from €7,399 to €4,733
- Taxes +€2,563
new in 2025: €2,563
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 | €300,212 | €358,253 | +€58,040 | +19.3% |
| Fixed assets | 21/28 | €5,839 | €35,609 | +€29,770 | +510% |
| Tangible fixed assets | 22/27 | €5,839 | €35,609 | +€29,770 | +510% |
| Furniture and vehicles | 24 | €5,839 | €35,609 | +€29,770 | +510% |
| Current assets | 29/58 | €294,374 | €322,644 | +€28,270 | +9.6% |
| Stocks and contracts in progress | 3 | €244,291 | €217,788 | -€26,503 | -10.8% |
| Stocks | 30/36 | €244,291 | €217,788 | -€26,503 | -10.8% |
| Amounts receivable within one year | 40/41 | €44,909 | €87,874 | +€42,966 | +95.7% |
| Trade receivables | 40 | €44,662 | €87,604 | +€42,942 | +96.2% |
| Other amounts receivable | 41 | €247 | €270 | +€23 | +9.4% |
| Cash at bank and in hand | 54/58 | €4,493 | €16,728 | +€12,235 | +272% |
| Deferred charges and accrued income | 490/1 | €681 | €253 | -€428 | -62.8% |
| Total equity and liabilities | 10/49 | €300,212 | €358,253 | +€58,040 | +19.3% |
| Equity | 10/15 | €184,891 | €237,992 | +€53,100 | +28.7% |
| Contributions | 10/11 | €93,000 | €93,000 | = | 0.0% |
| Reserves | 13 | €9,300 | €9,300 | = | 0.0% |
| Distributable reserves | 133 | €9,300 | €9,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,591 | €135,692 | +€53,100 | +64.3% |
| Amounts payable | 17/49 | €115,321 | €120,261 | +€4,940 | +4.3% |
| Amounts payable after more than one year | 17 | €1,551 | €24,896 | +€23,345 | +1,505% |
| Financial debts | 170/4 | €1,551 | €24,896 | +€23,345 | +1,505% |
| Amounts payable within one year | 42/48 | €112,873 | €94,818 | -€18,055 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €9,177 | €9,497 | +€320 | +3.5% |
| Financial debts | 43 | €50,000 | €23,300 | -€26,700 | -53.4% |
| Credit institutions | 430/8 | €50,000 | €23,300 | -€26,700 | -53.4% |
| Trade debts | 44 | €34,109 | €50,230 | +€16,120 | +47.3% |
| Suppliers | 440/4 | €34,109 | €50,230 | +€16,120 | +47.3% |
| Taxes, remuneration and social security | 45 | €1,330 | €4,295 | +€2,965 | +223% |
| Taxes | 450/3 | €1,330 | €4,295 | +€2,965 | +223% |
| Other amounts payable | 47/48 | €18,257 | €7,497 | -€10,760 | -58.9% |
| Accrued charges and deferred income | 492/3 | €897 | €547 | -€350 | -39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,263 | €8,412 | +€6,150 | +272% |
| Other operating charges | 640/8 | €412 | €469 | +€57 | +13.7% |
| Gross operating margin | 9900 | €30,165 | €69,276 | +€39,111 | +130% |
| Operating profit (loss) | 9901 | €27,490 | €60,395 | +€32,905 | +120% |
| Financial income | 75/76B | €14 | €2 | -€12 | -86.7% |
| Recurring financial income | 75 | €14 | €2 | -€12 | -86.7% |
| Financial charges | 65/66B | €7,399 | €4,733 | -€2,665 | -36.0% |
| Recurring financial charges | 65 | €7,399 | €4,733 | -€2,665 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €20,106 | €55,664 | +€35,558 | +177% |
| Income taxes | 67/77 | - | €2,563 | +€2,563 | |
| Profit (loss) for the period | 9904 | €20,106 | €53,100 | +€32,995 | +164% |
| Profit (loss) for the period to be appropriated | 9905 | €20,106 | €53,100 | +€32,995 | +164% |
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 18 October 2026 via checked.be.