Dura Project: 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.
Dura Project
Largest movements
- Cash +€214,729
up €214,729 (+336%), from €63,875 to €278,604
mainly Net result for the year (+€302,656) and Receivables after one year (+€86,000)
- Receivables after one year -€86,000
down €86,000 (-89.6%), from €96,000 to €10,000
- Receivables within one year -€44,449
down €44,449 (-25.9%), from €171,874 to €127,424
of which Trade receivables: -€42,836
- Tangible fixed assets +€33,210
up €33,210 (+36.9%), from €89,979 to €123,189
of which Furniture and vehicles: +€30,886
- Current portion of long-term debt +€68,037
up €68,037 (+281%), from €24,183 to €92,220
- Other debts +€56,281
up €56,281 (+22.8%), from €246,374 to €302,656
- Tax, wage and social debts -€26,592
down €26,592 (-75.6%), from €35,163 to €8,571
- Debts after one year +€18,292
up €18,292 (+31.7%), from €57,662 to €75,954
- Gross operating margin +€248,740
up €248,740 (+136%), from €182,467 to €431,208
- Taxes +€64,016
up €64,016 (+162%), from €39,555 to €103,571
- Depreciation +€15,135
up €15,135 (+86.1%), from €17,587 to €32,722
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 | €423,130 | €542,192 | +€119,062 | +28.1% |
| Fixed assets | 21/28 | €89,979 | €123,189 | +€33,210 | +36.9% |
| Tangible fixed assets | 22/27 | €89,979 | €123,189 | +€33,210 | +36.9% |
| Plant, machinery and equipment | 23 | €2,592 | €4,916 | +€2,324 | +89.6% |
| Furniture and vehicles | 24 | €87,387 | €118,273 | +€30,886 | +35.3% |
| Current assets | 29/58 | €333,151 | €419,003 | +€85,852 | +25.8% |
| Amounts receivable after more than one year | 29 | €96,000 | €10,000 | -€86,000 | -89.6% |
| Other amounts receivable | 291 | €96,000 | €10,000 | -€86,000 | -89.6% |
| Amounts receivable within one year | 40/41 | €171,874 | €127,424 | -€44,449 | -25.9% |
| Trade receivables | 40 | €165,572 | €122,736 | -€42,836 | -25.9% |
| Other amounts receivable | 41 | €6,302 | €4,688 | -€1,614 | -25.6% |
| Cash at bank and in hand | 54/58 | €63,875 | €278,604 | +€214,729 | +336% |
| Deferred charges and accrued income | 490/1 | €1,402 | €2,974 | +€1,572 | +112% |
| Total equity and liabilities | 10/49 | €423,130 | €542,192 | +€119,062 | +28.1% |
| Equity | 10/15 | €58,267 | €58,267 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €48,267 | €48,267 | = | 0.0% |
| Distributable reserves | 133 | €48,267 | €48,267 | = | 0.0% |
| Amounts payable | 17/49 | €364,863 | €483,924 | +€119,062 | +32.6% |
| Amounts payable after more than one year | 17 | €57,662 | €75,954 | +€18,292 | +31.7% |
| Financial debts | 170/4 | €57,662 | €75,954 | +€18,292 | +31.7% |
| Amounts payable within one year | 42/48 | €307,201 | €407,971 | +€100,770 | +32.8% |
| Current portion of amounts payable after more than one year | 42 | €24,183 | €92,220 | +€68,037 | +281% |
| Trade debts | 44 | €1,480 | €4,524 | +€3,044 | +206% |
| Suppliers | 440/4 | €1,480 | €4,524 | +€3,044 | +206% |
| Taxes, remuneration and social security | 45 | €35,163 | €8,571 | -€26,592 | -75.6% |
| Taxes | 450/3 | €35,163 | €8,571 | -€26,592 | -75.6% |
| Other amounts payable | 47/48 | €246,374 | €302,656 | +€56,281 | +22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,587 | €32,722 | +€15,135 | +86.1% |
| Other operating charges | 640/8 | €970 | €1,742 | +€772 | +79.5% |
| Gross operating margin | 9900 | €182,467 | €431,208 | +€248,740 | +136% |
| Operating profit (loss) | 9901 | €163,910 | €396,744 | +€232,834 | +142% |
| Financial income | 75/76B | €12,340 | €14,036 | +€1,696 | +13.7% |
| Recurring financial income | 75 | €1,817 | €2,336 | +€519 | +28.6% |
| Non-recurring financial income | 76B | €10,523 | €11,700 | +€1,177 | +11.2% |
| Financial charges | 65/66B | €2,661 | €4,553 | +€1,892 | +71.1% |
| Recurring financial charges | 65 | €2,661 | €4,553 | +€1,892 | +71.1% |
| Profit (loss) for the period before taxes | 9903 | €173,589 | €406,227 | +€232,638 | +134% |
| Income taxes | 67/77 | €39,555 | €103,571 | +€64,016 | +162% |
| Profit (loss) for the period | 9904 | €134,034 | €302,656 | +€168,622 | +126% |
| Profit (loss) for the period to be appropriated | 9905 | €134,034 | €302,656 | +€168,622 | +126% |
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 25 October 2026 via checked.be.