Duramen: 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.
Duramen
Largest movements
- Current investments -€541,915
down €541,915 (-83.6%), from €648,495 to €106,580
- Stocks and contracts +€33,730
new in 2025: €33,730
- Receivables within one year +€32,599
up €32,599 (+57.5%), from €56,662 to €89,261
of which Trade receivables: +€26,296
- Cash +€17,640
up €17,640 (+87.8%), from €20,088 to €37,728
mainly Current investments (+€541,915) and Net result for the year (+€175,898)
- Tangible fixed assets -€13,129
down €13,129 (-37.4%), from €35,144 to €22,015
of which Furniture and vehicles: -€10,534
- Profit (loss) carried forward -€572,950
down €572,950 (-76.5%), from €748,848 to €175,898
- Other debts +€75,799
up €75,799 (+89,375%), from €85 to €75,884
- Advances received +€25,047
new in 2025: €25,047
- Gross operating margin -€91,796
down €91,796 (-29.2%), from €314,710 to €222,913
- Financial income +€37,287
up €37,287 (+318%), from €11,713 to €49,000
- Taxes -€9,485
down €9,485 (-13.2%), from €71,931 to €62,446
- Financial charges +€8,211
up €8,211 (+192%), from €4,268 to €12,479
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 | €764,898 | €292,888 | -€472,009 | -61.7% |
| Fixed assets | 21/28 | €35,144 | €22,207 | -€12,937 | -36.8% |
| Tangible fixed assets | 22/27 | €35,144 | €22,015 | -€13,129 | -37.4% |
| Plant, machinery and equipment | 23 | €2,632 | €2,344 | -€287 | -10.9% |
| Furniture and vehicles | 24 | €16,921 | €6,387 | -€10,534 | -62.3% |
| Other tangible fixed assets | 26 | €15,591 | €13,283 | -€2,308 | -14.8% |
| Financial fixed assets | 28 | - | €192 | +€192 | |
| Current assets | 29/58 | €729,753 | €270,681 | -€459,072 | -62.9% |
| Stocks and contracts in progress | 3 | - | €33,730 | +€33,730 | |
| Stocks | 30/36 | - | €33,730 | +€33,730 | |
| Amounts receivable within one year | 40/41 | €56,662 | €89,261 | +€32,599 | +57.5% |
| Trade receivables | 40 | €51,701 | €77,997 | +€26,296 | +50.9% |
| Other amounts receivable | 41 | €4,961 | €11,264 | +€6,303 | +127% |
| Current investments | 50/53 | €648,495 | €106,580 | -€541,915 | -83.6% |
| Cash at bank and in hand | 54/58 | €20,088 | €37,728 | +€17,640 | +87.8% |
| Deferred charges and accrued income | 490/1 | €4,508 | €3,383 | -€1,125 | -25.0% |
| Total equity and liabilities | 10/49 | €764,898 | €292,888 | -€472,009 | -61.7% |
| Equity | 10/15 | €748,948 | €175,998 | -€572,950 | -76.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €748,848 | €175,898 | -€572,950 | -76.5% |
| Amounts payable | 17/49 | €15,949 | €116,890 | +€100,941 | +633% |
| Amounts payable within one year | 42/48 | €15,949 | €116,890 | +€100,941 | +633% |
| Trade debts | 44 | €4,588 | €3,077 | -€1,510 | -32.9% |
| Suppliers | 440/4 | €4,588 | €3,077 | -€1,510 | -32.9% |
| Advances received on contracts in progress | 46 | - | €25,047 | +€25,047 | |
| Taxes, remuneration and social security | 45 | €11,277 | €12,882 | +€1,605 | +14.2% |
| Taxes | 450/3 | €11,277 | €12,882 | +€1,605 | +14.2% |
| Other amounts payable | 47/48 | €85 | €75,884 | +€75,799 | +89,375% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,441 | €13,129 | -€312 | -2.3% |
| Other operating charges | 640/8 | €6,000 | €7,961 | +€1,961 | +32.7% |
| Gross operating margin | 9900 | €314,710 | €222,913 | -€91,796 | -29.2% |
| Operating profit (loss) | 9901 | €295,269 | €201,823 | -€93,446 | -31.6% |
| Financial income | 75/76B | €11,713 | €49,000 | +€37,287 | +318% |
| Recurring financial income | 75 | €11,713 | €49,000 | +€37,287 | +318% |
| Financial charges | 65/66B | €4,268 | €12,479 | +€8,211 | +192% |
| Recurring financial charges | 65 | €4,268 | €12,479 | +€8,211 | +192% |
| Profit (loss) for the period before taxes | 9903 | €302,713 | €238,344 | -€64,369 | -21.3% |
| Income taxes | 67/77 | €71,931 | €62,446 | -€9,485 | -13.2% |
| Profit (loss) for the period | 9904 | €230,782 | €175,898 | -€54,884 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €230,782 | €175,898 | -€54,884 | -23.8% |
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 13 October 2026 via checked.be.