DURBUY SOUDURE: 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.
DURBUY SOUDURE
Largest movements
- Tangible fixed assets +€742,926
up €742,926 (+196%), from €379,914 to €1.1m
of which Land and buildings: +€638,576
- Receivables within one year +€20,968
up €20,968 (+87.9%), from €23,848 to €44,815
of which Other amounts receivable: +€19,612
- Cash -€17,970
down €17,970 (-28.0%), from €64,081 to €46,111
mainly Investment in fixed assets (net) (-€769,391) and Trade debts (-€28,366)
- Other debts +€774,034
up €774,034 (+199%), from €388,523 to €1.2m
- Trade debts -€28,366
down €28,366 (-91.1%), from €31,143 to €2,777
- Depreciation +€20,751
up €20,751 (+363%), from €5,714 to €26,465
- Gross operating margin +€11,736
up €11,736 (+60.5%), from €19,391 to €31,127
- Taxes +€1,111
up €1,111, from -€751 to €360
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 | €467,842 | €1,213,766 | +€745,924 | +159% |
| Fixed assets | 21/28 | €379,914 | €1,122,840 | +€742,926 | +196% |
| Tangible fixed assets | 22/27 | €379,914 | €1,122,840 | +€742,926 | +196% |
| Land and buildings | 22 | €362,742 | €1,001,318 | +€638,576 | +176% |
| Plant, machinery and equipment | 23 | €11,725 | €40,489 | +€28,764 | +245% |
| Furniture and vehicles | 24 | €5,447 | €81,033 | +€75,586 | +1,388% |
| Current assets | 29/58 | €87,928 | €90,926 | +€2,998 | +3.4% |
| Amounts receivable within one year | 40/41 | €23,848 | €44,815 | +€20,968 | +87.9% |
| Trade receivables | 40 | €15,198 | €16,553 | +€1,355 | +8.9% |
| Other amounts receivable | 41 | €8,650 | €28,262 | +€19,612 | +227% |
| Cash at bank and in hand | 54/58 | €64,081 | €46,111 | -€17,970 | -28.0% |
| Total equity and liabilities | 10/49 | €467,842 | €1,213,766 | +€745,924 | +159% |
| Equity | 10/15 | €44,806 | €48,432 | +€3,627 | +8.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €42,200 | €45,800 | +€3,600 | +8.5% |
| Distributable reserves | 133 | €42,200 | €45,800 | +€3,600 | +8.5% |
| Profit (loss) carried forward | 14 | €106 | €132 | +€27 | +25.1% |
| Amounts payable | 17/49 | €423,036 | €1,165,334 | +€742,298 | +175% |
| Amounts payable within one year | 42/48 | €423,036 | €1,165,334 | +€742,298 | +175% |
| Trade debts | 44 | €31,143 | €2,777 | -€28,366 | -91.1% |
| Suppliers | 440/4 | €31,143 | €2,777 | -€28,366 | -91.1% |
| Taxes, remuneration and social security | 45 | €3,370 | - | -€3,370 | |
| Taxes | 450/3 | €3,370 | - | -€3,370 | |
| Other amounts payable | 47/48 | €388,523 | €1,162,557 | +€774,034 | +199% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,714 | €26,465 | +€20,751 | +363% |
| Other operating charges | 640/8 | €667 | €423 | -€245 | -36.7% |
| Non-recurring operating charges | 66A | €0 | - | -€0 | |
| Gross operating margin | 9900 | €19,391 | €31,127 | +€11,736 | +60.5% |
| Operating profit (loss) | 9901 | €13,009 | €4,240 | -€8,770 | -67.4% |
| Financial charges | 65/66B | €211 | €253 | +€42 | +19.8% |
| Recurring financial charges | 65 | €211 | €253 | +€42 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | €12,798 | €3,987 | -€8,812 | -68.9% |
| Income taxes | 67/77 | -€751 | €360 | +€1,111 | |
| Profit (loss) for the period | 9904 | €13,550 | €3,627 | -€9,923 | -73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,550 | €3,627 | -€9,923 | -73.2% |
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 31 October 2026 via checked.be.