DURBINVEST: what changed
DURBINVEST
Largest movements
- Financial fixed assets -€69,465
down €69,465 (-8.2%), from €849,997 to €780,532
- Receivables within one year +€25,140
up €25,140 (+124%), from €20,250 to €45,390
of which Trade receivables: +€45,140
- Debts after one year -€108,108
down €108,108 (-37.1%), from €291,102 to €182,994
- Reserves +€34,987
new in 2025: €34,987
- Profit (loss) carried forward +€30,341
no longer reported in 2025 (was -€30,341)
- Gross operating margin -€13,431
down €13,431 (-11.3%), from €119,370 to €105,939
- Financial charges -€3,684
down €3,684 (-21.3%), from €17,336 to €13,652
- Taxes +€3,081
up €3,081 (+12.9%), from €23,878 to €26,959
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €898,732 | €854,933 | -€43,799 | -4.9% |
| Fixed assets | 21/28 | €849,997 | €780,532 | -€69,465 | -8.2% |
| Financial fixed assets | 28 | €849,997 | €780,532 | -€69,465 | -8.2% |
| Current assets | 29/58 | €48,735 | €74,401 | +€25,666 | +52.7% |
| Amounts receivable within one year | 40/41 | €20,250 | €45,390 | +€25,140 | +124% |
| Trade receivables | 40 | - | €45,140 | +€45,140 | |
| Other amounts receivable | 41 | €20,250 | €250 | -€20,000 | -98.8% |
| Cash at bank and in hand | 54/58 | €28,485 | €29,011 | +€526 | +1.8% |
| Total equity and liabilities | 10/49 | €898,732 | €854,933 | -€43,799 | -4.9% |
| Equity | 10/15 | €529,659 | €594,987 | +€65,328 | +12.3% |
| Revaluation surpluses | 12 | €560,000 | €560,000 | = | 0.0% |
| Reserves | 13 | - | €34,987 | +€34,987 | |
| Distributable reserves | 133 | - | €34,987 | +€34,987 | |
| Profit (loss) carried forward | 14 | -€30,341 | - | +€30,341 | |
| Amounts payable | 17/49 | €369,073 | €259,946 | -€109,127 | -29.6% |
| Amounts payable after more than one year | 17 | €291,102 | €182,994 | -€108,108 | -37.1% |
| Financial debts | 170/4 | €291,102 | €182,994 | -€108,108 | -37.1% |
| Amounts payable within one year | 42/48 | €77,970 | €76,952 | -€1,019 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €25,878 | €26,895 | +€1,017 | +3.9% |
| Taxes, remuneration and social security | 45 | €52,092 | €50,057 | -€2,036 | -3.9% |
| Taxes | 450/3 | €52,092 | €50,057 | -€2,036 | -3.9% |
| Gross operating margin | 9900 | €119,370 | €105,939 | -€13,431 | -11.3% |
| Operating profit (loss) | 9901 | €119,370 | €105,939 | -€13,431 | -11.3% |
| Financial charges | 65/66B | €17,336 | €13,652 | -€3,684 | -21.3% |
| Recurring financial charges | 65 | €17,336 | €13,652 | -€3,684 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €102,035 | €92,288 | -€9,747 | -9.6% |
| Income taxes | 67/77 | €23,878 | €26,959 | +€3,081 | +12.9% |
| Profit (loss) for the period | 9904 | €78,157 | €65,328 | -€12,828 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €78,157 | €65,328 | -€12,828 | -16.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.