DURACONNECT: 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.
DURACONNECT
Largest movements
- Receivables within one year +€700,931
up €700,931 (+85.3%), from €822,094 to €1.5m
of which Trade receivables: +€692,796
- Cash +€241,259
up €241,259 (+815.8%), from €29,572 to €270,831
mainly Trade debts (+€816,086) and Contributions, distributions and other (+€350,000)
- Stocks and contracts -€99,905
down €99,905 (-27.7%), from €360,958 to €261,054
of which Contracts in progress: -€176,331
- Financial fixed assets +€65,800
up €65,800 (+9748.1%), from €675 to €66,475
- Receivables after one year +€39,500
new in 2025: €39,500
- Trade debts +€816,086
up €816,086 (+296.6%), from €275,178 to €1.1m
- Contributions +€350,000
up €350,000 (+1881.7%), from €18,600 to €368,600
- Debts after one year -€350,000
down €350,000 (-100.0%), from €350,000 to €0
- Profit (loss) carried forward +€76,067
up €76,067 (+31.4%), from €242,549 to €318,615
- Tax, wage and social debts +€31,578
up €31,578 (+18.5%), from €170,623 to €202,201
of which Taxes: +€16,683
- Staff costs -€19,953
down €19,953 (-1.4%), from €1.5m to €1.5m
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 | €1,278,412 | €2,202,951 | +€924,538 | +72.3% |
| Fixed assets | 21/28 | €58,304 | €95,140 | +€36,836 | +63.2% |
| Tangible fixed assets | 22/27 | €57,629 | €28,665 | -€28,964 | -50.3% |
| Plant, machinery and equipment | 23 | €27,723 | €14,502 | -€13,221 | -47.7% |
| Furniture and vehicles | 24 | €6,558 | €6,925 | +€367 | +5.6% |
| Leasing and similar rights | 25 | €23,349 | €7,239 | -€16,110 | -69.0% |
| Financial fixed assets | 28 | €675 | €66,475 | +€65,800 | +9748.1% |
| Current assets | 29/58 | €1,220,108 | €2,107,810 | +€887,702 | +72.8% |
| Amounts receivable after more than one year | 29 | - | €39,500 | +€39,500 | |
| Other amounts receivable | 291 | - | €39,500 | +€39,500 | |
| Stocks and contracts in progress | 3 | €360,958 | €261,054 | -€99,905 | -27.7% |
| Stocks | 30/36 | €184,628 | €261,054 | +€76,426 | +41.4% |
| Contracts in progress | 37 | €176,331 | €0 | -€176,331 | -100.0% |
| Amounts receivable within one year | 40/41 | €822,094 | €1,523,025 | +€700,931 | +85.3% |
| Trade receivables | 40 | €796,647 | €1,489,442 | +€692,796 | +87.0% |
| Other amounts receivable | 41 | €25,448 | €33,583 | +€8,135 | +32.0% |
| Cash at bank and in hand | 54/58 | €29,572 | €270,831 | +€241,259 | +815.8% |
| Deferred charges and accrued income | 490/1 | €7,484 | €13,401 | +€5,917 | +79.1% |
| Total equity and liabilities | 10/49 | €1,278,412 | €2,202,951 | +€924,538 | +72.3% |
| Equity | 10/15 | €263,009 | €689,075 | +€426,067 | +162.0% |
| Contributions | 10/11 | €18,600 | €368,600 | +€350,000 | +1881.7% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €242,549 | €318,615 | +€76,067 | +31.4% |
| Amounts payable | 17/49 | €1,015,404 | €1,513,875 | +€498,472 | +49.1% |
| Amounts payable after more than one year | 17 | €350,000 | €0 | -€350,000 | -100.0% |
| Financial debts | 170/4 | €350,000 | €0 | -€350,000 | -100.0% |
| Amounts payable within one year | 42/48 | €665,404 | €1,513,875 | +€848,472 | +127.5% |
| Current portion of amounts payable after more than one year | 42 | €11,474 | €366 | -€11,108 | -96.8% |
| Trade debts | 44 | €275,178 | €1,091,264 | +€816,086 | +296.6% |
| Suppliers | 440/4 | €275,178 | €1,091,264 | +€816,086 | +296.6% |
| Taxes, remuneration and social security | 45 | €170,623 | €202,201 | +€31,578 | +18.5% |
| Taxes | 450/3 | €39,291 | €55,974 | +€16,683 | +42.5% |
| Remuneration and social security | 454/9 | €131,333 | €146,227 | +€14,895 | +11.3% |
| Other amounts payable | 47/48 | €208,129 | €220,045 | +€11,916 | +5.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,476,705 | €1,456,752 | -€19,953 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,485 | €32,626 | -€8,859 | -21.4% |
| Other operating charges | 640/8 | €4,545 | €4,230 | -€316 | -7.0% |
| Gross operating margin | 9900 | €1,619,158 | €1,620,043 | +€885 | +0.1% |
| Operating profit (loss) | 9901 | €96,423 | €126,436 | +€30,014 | +31.1% |
| Financial income | 75/76B | €113 | €73 | -€40 | -35.2% |
| Recurring financial income | 75 | €113 | €73 | -€40 | -35.2% |
| Financial charges | 65/66B | €19,677 | €12,588 | -€7,089 | -36.0% |
| Recurring financial charges | 65 | €19,677 | €12,588 | -€7,089 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €76,859 | €113,921 | +€37,063 | +48.2% |
| Income taxes | 67/77 | €27,854 | €37,855 | +€10,001 | +35.9% |
| Profit (loss) for the period | 9904 | €49,005 | €76,067 | +€27,062 | +55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,005 | €76,067 | +€27,062 | +55.2% |
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 11 October 2026 via checked.be.