Durafin: 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.
Durafin
Largest movements
- Receivables within one year +€130,117
up €130,117 (+92.5%), from €140,659 to €270,776
of which Trade receivables: +€122,098
- Stocks and contracts +€42,695
up €42,695 (+607.9%), from €7,023 to €49,718
- Tangible fixed assets -€20,754
down €20,754 (-23.9%), from €86,771 to €66,017
of which Plant, machinery and equipment: -€17,531
- Receivables after one year -€14,520
down €14,520 (-28.3%), from €51,275 to €36,755
- Other debts +€126,119
new in 2025: €126,119
- Accrued charges and deferred income +€110,308
up €110,308 (+20297.3%), from €543 to €110,851
- Reserves -€73,407
down €73,407 (-42.7%), from €171,832 to €98,425
- Tax, wage and social debts -€22,980
down €22,980 (-81.0%), from €28,358 to €5,378
- Debts after one year -€13,648
down €13,648 (-70.0%), from €19,502 to €5,854
- Gross operating margin +€19,084
up €19,084 (+24.1%), from €79,139 to €98,223
- Depreciation +€8,281
up €8,281 (+58.2%), from €14,237 to €22,518
- Taxes +€4,351
up €4,351 (+21.3%), from €20,467 to €24,818
- Financial charges -€1,099
down €1,099 (-34.6%), from €3,176 to €2,076
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 | €297,345 | €429,688 | +€132,343 | +44.5% |
| Fixed assets | 21/28 | €86,771 | €66,017 | -€20,754 | -23.9% |
| Tangible fixed assets | 22/27 | €86,771 | €66,017 | -€20,754 | -23.9% |
| Plant, machinery and equipment | 23 | €73,718 | €56,187 | -€17,531 | -23.8% |
| Furniture and vehicles | 24 | €13,053 | €9,830 | -€3,223 | -24.7% |
| Current assets | 29/58 | €210,574 | €363,671 | +€153,098 | +72.7% |
| Amounts receivable after more than one year | 29 | €51,275 | €36,755 | -€14,520 | -28.3% |
| Other amounts receivable | 291 | €51,275 | €36,755 | -€14,520 | -28.3% |
| Stocks and contracts in progress | 3 | €7,023 | €49,718 | +€42,695 | +607.9% |
| Stocks | 30/36 | €7,023 | €49,718 | +€42,695 | +607.9% |
| Amounts receivable within one year | 40/41 | €140,659 | €270,776 | +€130,117 | +92.5% |
| Trade receivables | 40 | €103,565 | €225,663 | +€122,098 | +117.9% |
| Other amounts receivable | 41 | €37,094 | €45,113 | +€8,020 | +21.6% |
| Cash at bank and in hand | 54/58 | €8,380 | €5,085 | -€3,295 | -39.3% |
| Deferred charges and accrued income | 490/1 | €3,237 | €1,338 | -€1,899 | -58.7% |
| Total equity and liabilities | 10/49 | €297,345 | €429,688 | +€132,343 | +44.5% |
| Equity | 10/15 | €176,832 | €103,425 | -€73,407 | -41.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €171,832 | €98,425 | -€73,407 | -42.7% |
| Distributable reserves | 133 | €171,832 | €98,425 | -€73,407 | -42.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €120,512 | €326,263 | +€205,750 | +170.7% |
| Amounts payable after more than one year | 17 | €19,502 | €5,854 | -€13,648 | -70.0% |
| Financial debts | 170/4 | €19,502 | €5,854 | -€13,648 | -70.0% |
| Amounts payable within one year | 42/48 | €100,467 | €209,557 | +€109,091 | +108.6% |
| Current portion of amounts payable after more than one year | 42 | €13,100 | €13,648 | +€548 | +4.2% |
| Financial debts | 43 | €6,757 | €6,746 | -€10 | -0.2% |
| Credit institutions | 430/8 | €6,757 | €6,746 | -€10 | -0.2% |
| Trade debts | 44 | €52,251 | €57,665 | +€5,414 | +10.4% |
| Suppliers | 440/4 | €52,251 | €57,665 | +€5,414 | +10.4% |
| Taxes, remuneration and social security | 45 | €28,358 | €5,378 | -€22,980 | -81.0% |
| Taxes | 450/3 | €28,358 | €5,378 | -€22,980 | -81.0% |
| Other amounts payable | 47/48 | - | €126,119 | +€126,119 | |
| Accrued charges and deferred income | 492/3 | €543 | €110,851 | +€110,308 | +20297.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,237 | €22,518 | +€8,281 | +58.2% |
| Other operating charges | 640/8 | €795 | €673 | -€122 | -15.4% |
| Gross operating margin | 9900 | €79,139 | €98,223 | +€19,084 | +24.1% |
| Operating profit (loss) | 9901 | €64,107 | €75,032 | +€10,925 | +17.0% |
| Financial income | 75/76B | €5,249 | €4,575 | -€674 | -12.8% |
| Recurring financial income | 75 | €5,249 | €4,575 | -€674 | -12.8% |
| Financial charges | 65/66B | €3,176 | €2,076 | -€1,099 | -34.6% |
| Recurring financial charges | 65 | €3,176 | €2,076 | -€1,099 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €66,180 | €77,531 | +€11,351 | +17.2% |
| Income taxes | 67/77 | €20,467 | €24,818 | +€4,351 | +21.3% |
| Profit (loss) for the period | 9904 | €45,713 | €52,712 | +€6,999 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,713 | €52,712 | +€6,999 | +15.3% |
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 10 October 2026 via checked.be.