DURBAN GROUND-UP: 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.
DURBAN GROUND-UP
Largest movements
- Receivables within one year +€212,379
up €212,379 (+65.4%), from €324,890 to €537,268
of which Trade receivables: +€379,667
- Stocks and contracts -€167,481
down €167,481 (-82.1%), from €204,039 to €36,558
of which Stocks: -€200,481
- Financial fixed assets +€139,581
new in 2025: €139,581
- Receivables after one year -€89,581
no longer reported in 2025 (was €89,581)
- Tax, wage and social debts +€58,432
new in 2025: €58,432
- Profit (loss) carried forward +€30,932
up €30,932 (+23.8%), from -€129,965 to -€99,033
- Gross operating margin +€97,069
up €97,069, from -€65,564 to €31,505
- Other operating charges -€917
no longer reported in 2025 (was €917)
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 | €618,637 | €713,509 | +€94,873 | +15.3% |
| Fixed assets | 21/28 | - | €139,581 | +€139,581 | |
| Financial fixed assets | 28 | - | €139,581 | +€139,581 | |
| Current assets | 29/58 | €618,637 | €573,929 | -€44,708 | -7.2% |
| Amounts receivable after more than one year | 29 | €89,581 | - | -€89,581 | |
| Trade receivables | 290 | €89,581 | - | -€89,581 | |
| Stocks and contracts in progress | 3 | €204,039 | €36,558 | -€167,481 | -82.1% |
| Stocks | 30/36 | €200,481 | - | -€200,481 | |
| Contracts in progress | 37 | €3,558 | €36,558 | +€33,000 | +927% |
| Amounts receivable within one year | 40/41 | €324,890 | €537,268 | +€212,379 | +65.4% |
| Trade receivables | 40 | €0 | €379,667 | +€379,667 | |
| Other amounts receivable | 41 | €324,890 | €157,601 | -€167,289 | -51.5% |
| Cash at bank and in hand | 54/58 | €127 | €102 | -€25 | -19.5% |
| Total equity and liabilities | 10/49 | €618,637 | €713,509 | +€94,873 | +15.3% |
| Equity | 10/15 | -€96,216 | -€65,284 | +€30,932 | +32.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €18,749 | €18,749 | = | 0.0% |
| Distributable reserves | 133 | €18,749 | €18,749 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€129,965 | -€99,033 | +€30,932 | +23.8% |
| Amounts payable | 17/49 | €714,853 | €778,793 | +€63,941 | +8.9% |
| Amounts payable after more than one year | 17 | €444,000 | €444,000 | = | 0.0% |
| Financial debts | 170/4 | €444,000 | €444,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €270,853 | €334,793 | +€63,941 | +23.6% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 43 | - | €20 | +€20 | |
| Credit institutions | 430/8 | - | €20 | +€20 | |
| Trade debts | 44 | €80,190 | €83,385 | +€3,195 | +4.0% |
| Suppliers | 440/4 | €80,190 | €83,385 | +€3,195 | +4.0% |
| Taxes, remuneration and social security | 45 | - | €58,432 | +€58,432 | |
| Taxes | 450/3 | - | €58,432 | +€58,432 | |
| Other amounts payable | 47/48 | €160,663 | €162,957 | +€2,294 | +1.4% |
| Other operating charges | 640/8 | €917 | - | -€917 | |
| Gross operating margin | 9900 | -€65,564 | €31,505 | +€97,069 | |
| Operating profit (loss) | 9901 | -€66,481 | €31,505 | +€97,986 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €407 | €573 | +€166 | +40.7% |
| Recurring financial charges | 65 | €407 | €573 | +€166 | +40.7% |
| Profit (loss) for the period before taxes | 9903 | -€66,888 | €30,932 | +€97,820 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€66,888 | €30,932 | +€97,820 | |
| Profit (loss) for the period to be appropriated | 9905 | -€66,888 | €30,932 | +€97,820 |
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 28 October 2026 via checked.be.