DURANT-BULENS: 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.
DURANT-BULENS
Largest movements
- Cash +€136,351
up €136,351 (+90.6%), from €150,461 to €286,812
mainly Receivables within one year (+€58,449) and Net result for the year (+€51,862)
- Receivables within one year -€58,449
down €58,449 (-96.3%), from €60,667 to €2,218
of which Trade receivables: -€57,318
- Deferred charges and accrued income +€4,300
up €4,300 (+54.5%), from €7,882 to €12,182
- Reserves +€42,596
up €42,596 (+21.1%), from €201,517 to €244,113
of which Distributable reserves: +€42,596
- Tax, wage and social debts +€21,102
up €21,102 (+267%), from €7,900 to €29,002
of which Taxes: +€18,522
- Trade debts +€10,505
up €10,505 (+1,345%), from €781 to €11,285
- Profit (loss) carried forward +€9,266
no longer reported in 2025 (was -€9,266)
- Staff costs -€58,299
down €58,299 (-44.2%), from €131,848 to €73,549
- Taxes +€24,601
up €24,601 (+3,786%), from €650 to €25,251
- Depreciation -€11,401
down €11,401 (-76.3%), from €14,945 to €3,544
- Other operating charges -€7,639
down €7,639 (-31.0%), from €24,648 to €17,010
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 | €230,626 | €310,666 | +€80,040 | +34.7% |
| Fixed assets | 21/28 | €11,616 | €9,455 | -€2,162 | -18.6% |
| Tangible fixed assets | 22/27 | €11,109 | €8,948 | -€2,162 | -19.5% |
| Plant, machinery and equipment | 23 | €688 | - | -€688 | |
| Furniture and vehicles | 24 | €3,244 | €3,718 | +€474 | +14.6% |
| Leasing and similar rights | 25 | €966 | - | -€966 | |
| Other tangible fixed assets | 26 | €6,211 | €5,230 | -€981 | -15.8% |
| Financial fixed assets | 28 | €507 | €507 | = | 0.0% |
| Current assets | 29/58 | €219,010 | €301,212 | +€82,201 | +37.5% |
| Amounts receivable within one year | 40/41 | €60,667 | €2,218 | -€58,449 | -96.3% |
| Trade receivables | 40 | €59,536 | €2,218 | -€57,318 | -96.3% |
| Other amounts receivable | 41 | €1,131 | - | -€1,131 | |
| Cash at bank and in hand | 54/58 | €150,461 | €286,812 | +€136,351 | +90.6% |
| Deferred charges and accrued income | 490/1 | €7,882 | €12,182 | +€4,300 | +54.5% |
| Total equity and liabilities | 10/49 | €230,626 | €310,666 | +€80,040 | +34.7% |
| Equity | 10/15 | €217,251 | €269,113 | +€51,862 | +23.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €201,517 | €244,113 | +€42,596 | +21.1% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €199,017 | €241,613 | +€42,596 | +21.4% |
| Profit (loss) carried forward | 14 | -€9,266 | - | +€9,266 | |
| Amounts payable | 17/49 | €13,375 | €41,553 | +€28,178 | +211% |
| Amounts payable within one year | 42/48 | €13,375 | €41,553 | +€28,178 | +211% |
| Current portion of amounts payable after more than one year | 42 | €3,012 | - | -€3,012 | |
| Trade debts | 44 | €781 | €11,285 | +€10,505 | +1,345% |
| Suppliers | 440/4 | €781 | €11,285 | +€10,505 | +1,345% |
| Taxes, remuneration and social security | 45 | €7,900 | €29,002 | +€21,102 | +267% |
| Taxes | 450/3 | €7,900 | €26,422 | +€18,522 | +234% |
| Remuneration and social security | 454/9 | - | €2,580 | +€2,580 | |
| Other amounts payable | 47/48 | €1,682 | €1,266 | -€417 | -24.8% |
| Non-recurring operating income | 76A | - | €67,659 | +€67,659 | |
| Remuneration, social security and pensions | 62 | €131,848 | €73,549 | -€58,299 | -44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,945 | €3,544 | -€11,401 | -76.3% |
| Other operating charges | 640/8 | €24,648 | €17,010 | -€7,639 | -31.0% |
| Non-recurring operating charges | 66A | €2 | €974 | +€972 | +48,341% |
| Gross operating margin | 9900 | €172,763 | €172,316 | -€448 | -0.3% |
| Operating profit (loss) | 9901 | €1,320 | €77,239 | +€75,919 | +5,750% |
| Financial income | 75/76B | €321 | €1,648 | +€1,327 | +413% |
| Recurring financial income | 75 | €321 | €1,648 | +€1,327 | +413% |
| Financial charges | 65/66B | €3,136 | €1,775 | -€1,362 | -43.4% |
| Recurring financial charges | 65 | €3,136 | €1,775 | -€1,362 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,494 | €77,113 | +€78,607 | |
| Income taxes | 67/77 | €650 | €25,251 | +€24,601 | +3,786% |
| Profit (loss) for the period | 9904 | -€2,144 | €51,862 | +€54,006 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,144 | €51,862 | +€54,006 |
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 29 October 2026 via checked.be.