DURANET: 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.
What changed
DURANET
NACE 13.929, Manufacture of textiles
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€452,148
2024 · €534,902-€82,753
Equity
€2.2m
2024 · €1.7m+€448,241
Cash
€659,389
2024 · €676,341-€16,952
Balance sheet total
€3.1m
2024 · €2.3m+€839,849
Largest movements
Assets
- Tangible fixed assets +€887,261
up €887,261 (+1049.4%), from €84,548 to €971,809
of which Other tangible fixed assets: +€656,529
- Stocks and contracts -€72,905
down €72,905 (-6.0%), from €1.2m to €1.1m
- Deferred charges and accrued income +€50,797
up €50,797 (+219.4%), from €23,157 to €73,954
Equity and liabilities
- Debts after one year +€557,143
new in 2025: €557,143
- Reserves +€452,148
up €452,148 (+36.5%), from €1.2m to €1.7m
- Other debts -€275,000
down €275,000 (-64.7%), from €425,000 to €150,000
- Trade debts +€48,109
up €48,109 (+42.6%), from €112,897 to €161,006
- Current portion of long-term debt +€42,857
new in 2025: €42,857
Income statement
- Gross operating margin -€119,385
down €119,385 (-12.0%), from €995,745 to €876,360
- Taxes -€75,883
down €75,883 (-42.4%), from €179,071 to €103,188
- Depreciation +€50,731
up €50,731 (+119.9%), from €42,319 to €93,049
- Financial income +€12,551
up €12,551 (+61.5%), from €20,398 to €32,949
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.
Result 2024
€534,902
Gross operating margin
-€119,385
Staff costs
+€7,248
Depreciation
-€50,731
Write-downs
-€288
Other operating charges
+€309
Other operating items
-€433
Financial income
+€12,551
Financial charges
-€8,391
Taxes
+€75,883
Deferred taxes and other
+€483
Result 2025
€452,148
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.
From operations
+€364,419
Investment
-€979,142
Financing
+€597,771
Cash 2024
€676,341
From operations (derived)
+€364,419
Net result for the year
+€452,148
Depreciation
+€93,049
Stocks and contracts
+€72,905
Receivables within one year
+€7,184
Deferred charges and accrued income
-€50,797
Smaller working-capital items
-€3,181
Trade debts
+€48,109
Advances received
+€16,671
Other debts
-€275,000
Accrued charges and deferred income
+€3,330
Investment (derived)
-€979,142
Investment in fixed assets (net)
-€979,142
Financing
+€597,771
Debts after one year
+€557,143
Current portion of long-term debt
+€42,857
Short-term financial debts
+€1,679
Contributions, distributions and other
-€3,908
Cash 2025
€659,389
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,264,994 | €3,104,843 | +€839,849 | +37.1% |
| Fixed assets | 21/28 | €111,004 | €997,096 | +€886,092 | +798.3% |
| Intangible fixed assets | 21 | €26,282 | €25,114 | -€1,169 | -4.4% |
| Tangible fixed assets | 22/27 | €84,548 | €971,809 | +€887,261 | +1049.4% |
| Plant, machinery and equipment | 23 | €77,660 | €235,934 | +€158,274 | +203.8% |
| Furniture and vehicles | 24 | €6,888 | €79,346 | +€72,458 | +1052.0% |
| Other tangible fixed assets | 26 | - | €656,529 | +€656,529 | |
| Financial fixed assets | 28 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €2,153,990 | €2,107,747 | -€46,243 | -2.1% |
| Stocks and contracts in progress | 3 | €1,222,237 | €1,149,332 | -€72,905 | -6.0% |
| Stocks | 30/36 | €1,222,237 | €1,149,332 | -€72,905 | -6.0% |
| Amounts receivable within one year | 40/41 | €232,255 | €225,072 | -€7,184 | -3.1% |
| Trade receivables | 40 | €222,602 | €213,977 | -€8,625 | -3.9% |
| Other amounts receivable | 41 | €9,653 | €11,095 | +€1,442 | +14.9% |
| Cash at bank and in hand | 54/58 | €676,341 | €659,389 | -€16,952 | -2.5% |
| Deferred charges and accrued income | 490/1 | €23,157 | €73,954 | +€50,797 | +219.4% |
| Total equity and liabilities | 10/49 | €2,264,994 | €3,104,843 | +€839,849 | +37.1% |
| Equity | 10/15 | €1,702,247 | €2,150,488 | +€448,241 | +26.3% |
| Contributions | 10/11 | €458,031 | €458,031 | = | 0.0% |
| Reserves | 13 | €1,238,004 | €1,690,153 | +€452,148 | +36.5% |
| Distributable reserves | 133 | €1,238,004 | €1,690,153 | +€452,148 | +36.5% |
| Investment grants | 15 | €6,212 | €2,304 | -€3,908 | -62.9% |
| Provisions and deferred taxes | 16 | €2,071 | €768 | -€1,303 | -62.9% |
| Deferred taxes | 168 | €2,071 | €768 | -€1,303 | -62.9% |
| Amounts payable | 17/49 | €560,676 | €953,588 | +€392,911 | +70.1% |
| Amounts payable after more than one year | 17 | - | €557,143 | +€557,143 | |
| Financial debts | 170/4 | - | €557,143 | +€557,143 | |
| Amounts payable within one year | 42/48 | €553,198 | €385,636 | -€167,561 | -30.3% |
| Current portion of amounts payable after more than one year | 42 | - | €42,857 | +€42,857 | |
| Financial debts | 43 | - | €1,679 | +€1,679 | |
| Credit institutions | 430/8 | - | €1,679 | +€1,679 | |
| Trade debts | 44 | €112,897 | €161,006 | +€48,109 | +42.6% |
| Suppliers | 440/4 | €112,897 | €161,006 | +€48,109 | +42.6% |
| Advances received on contracts in progress | 46 | - | €16,671 | +€16,671 | |
| Taxes, remuneration and social security | 45 | €15,301 | €13,423 | -€1,878 | -12.3% |
| Taxes | 450/3 | €828 | €856 | +€28 | +3.4% |
| Remuneration and social security | 454/9 | €14,473 | €12,568 | -€1,906 | -13.2% |
| Other amounts payable | 47/48 | €425,000 | €150,000 | -€275,000 | -64.7% |
| Accrued charges and deferred income | 492/3 | €7,479 | €10,808 | +€3,330 | +44.5% |
| Remuneration, social security and pensions | 62 | €236,333 | €229,085 | -€7,248 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,319 | €93,049 | +€50,731 | +119.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €288 | +€288 | |
| Other operating charges | 640/8 | €1,940 | €1,630 | -€309 | -16.0% |
| Non-recurring operating charges | 66A | - | €433 | +€433 | |
| Gross operating margin | 9900 | €995,745 | €876,360 | -€119,385 | -12.0% |
| Operating profit (loss) | 9901 | €715,154 | €551,874 | -€163,280 | -22.8% |
| Financial income | 75/76B | €20,398 | €32,949 | +€12,551 | +61.5% |
| Recurring financial income | 75 | €20,398 | €32,949 | +€12,551 | +61.5% |
| Financial charges | 65/66B | €22,398 | €30,789 | +€8,391 | +37.5% |
| Recurring financial charges | 65 | €22,398 | €30,789 | +€8,391 | +37.5% |
| Profit (loss) for the period before taxes | 9903 | €713,154 | €554,033 | -€159,120 | -22.3% |
| Transfer from deferred taxes | 780 | €819 | €1,303 | +€483 | +59.0% |
| Income taxes | 67/77 | €179,071 | €103,188 | -€75,883 | -42.4% |
| Profit (loss) for the period | 9904 | €534,902 | €452,148 | -€82,753 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €534,902 | €452,148 | -€82,753 | -15.5% |
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.