DURDU DPF: what changed
Two fiscal 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.
DURDU DPF
Largest movements
- Receivables within one year +€131,877
up €131,877 (+74.5%), from €177,009 to €308,886
of which Trade receivables: +€176,824
- Tangible fixed assets +€92,228
up €92,228 (+33.4%), from €276,193 to €368,421
of which Furniture and vehicles: +€111,695
- Cash -€48,640
down €48,640 (-4.6%), from €1.1m to €1.0m
mainly Other debts (-€179,568) and Investment in fixed assets (net) (-€151,231)
- Stocks and contracts -€32,388
down €32,388 (-59.5%), from €54,451 to €22,063
of which Contracts in progress: -€35,730
- Reserves +€338,882
up €338,882 (+24.2%), from €1.4m to €1.7m
of which Distributable reserves: +€212,582
- Other debts -€179,568
down €179,568 (-85.7%), from €209,568 to €30,000
- Tax, wage and social debts +€26,050
up €26,050 (+404.6%), from €6,439 to €32,489
of which Taxes: +€24,853
- Gross operating margin +€238,351
up €238,351 (+53.2%), from €448,334 to €686,685
- Taxes +€73,379
up €73,379 (+122.6%), from €59,829 to €133,208
- Depreciation -€55,626
down €55,626 (-48.5%), from €114,629 to €59,003
- Financial charges -€47,067
down €47,067 (-47.4%), from €99,358 to €52,291
- Staff costs -€7,934
down €7,934 (-18.1%), from €43,931 to €35,997
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,685,071 | €1,841,615 | +€156,544 | +9.3% |
| Fixed assets | 21/28 | €384,938 | €477,166 | +€92,228 | +24.0% |
| Tangible fixed assets | 22/27 | €276,193 | €368,421 | +€92,228 | +33.4% |
| Land and buildings | 22 | €122,224 | €100,409 | -€21,815 | -17.8% |
| Plant, machinery and equipment | 23 | €14,697 | €18,460 | +€3,763 | +25.6% |
| Furniture and vehicles | 24 | €123,215 | €234,910 | +€111,695 | +90.7% |
| Other tangible fixed assets | 26 | €16,057 | €14,642 | -€1,415 | -8.8% |
| Financial fixed assets | 28 | €108,745 | €108,745 | = | 0.0% |
| Current assets | 29/58 | €1,300,133 | €1,364,449 | +€64,316 | +4.9% |
| Stocks and contracts in progress | 3 | €54,451 | €22,063 | -€32,388 | -59.5% |
| Stocks | 30/36 | €18,721 | €22,063 | +€3,342 | +17.9% |
| Contracts in progress | 37 | €35,730 | - | -€35,730 | |
| Amounts receivable within one year | 40/41 | €177,009 | €308,886 | +€131,877 | +74.5% |
| Trade receivables | 40 | €99,372 | €276,196 | +€176,824 | +177.9% |
| Other amounts receivable | 41 | €77,637 | €32,690 | -€44,947 | -57.9% |
| Cash at bank and in hand | 54/58 | €1,066,132 | €1,017,492 | -€48,640 | -4.6% |
| Deferred charges and accrued income | 490/1 | €2,541 | €16,008 | +€13,467 | +530.0% |
| Total equity and liabilities | 10/49 | €1,685,071 | €1,841,615 | +€156,544 | +9.3% |
| Equity | 10/15 | €1,421,109 | €1,759,233 | +€338,124 | +23.8% |
| Contributions | 10/11 | €14,880 | €14,880 | = | 0.0% |
| Reserves | 13 | €1,402,161 | €1,741,043 | +€338,882 | +24.2% |
| Tax-exempt reserves | 132 | €18,750 | €145,050 | +€126,300 | +673.6% |
| Distributable reserves | 133 | €1,383,411 | €1,595,993 | +€212,582 | +15.4% |
| Investment grants | 15 | €4,068 | €3,310 | -€758 | -18.6% |
| Amounts payable | 17/49 | €263,962 | €82,382 | -€181,580 | -68.8% |
| Amounts payable after more than one year | 17 | €3,606 | - | -€3,606 | |
| Financial debts | 170/4 | €3,606 | - | -€3,606 | |
| Amounts payable within one year | 42/48 | €260,356 | €82,382 | -€177,974 | -68.4% |
| Current portion of amounts payable after more than one year | 42 | €11,275 | €3,606 | -€7,669 | -68.0% |
| Trade debts | 44 | €33,074 | €16,287 | -€16,787 | -50.8% |
| Suppliers | 440/4 | €33,074 | €16,287 | -€16,787 | -50.8% |
| Taxes, remuneration and social security | 45 | €6,439 | €32,489 | +€26,050 | +404.6% |
| Taxes | 450/3 | €1,566 | €26,419 | +€24,853 | +1587.0% |
| Remuneration and social security | 454/9 | €4,873 | €6,070 | +€1,197 | +24.6% |
| Other amounts payable | 47/48 | €209,568 | €30,000 | -€179,568 | -85.7% |
| Non-recurring operating income | 76A | €30,567 | €76,447 | +€45,880 | +150.1% |
| Remuneration, social security and pensions | 62 | €43,931 | €35,997 | -€7,934 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114,629 | €59,003 | -€55,626 | -48.5% |
| Other operating charges | 640/8 | €2,187 | €4,237 | +€2,050 | +93.7% |
| Gross operating margin | 9900 | €448,334 | €686,685 | +€238,351 | +53.2% |
| Operating profit (loss) | 9901 | €287,587 | €587,448 | +€299,861 | +104.3% |
| Financial income | 75/76B | €15,176 | €16,934 | +€1,758 | +11.6% |
| Recurring financial income | 75 | €15,176 | €16,934 | +€1,758 | +11.6% |
| Financial charges | 65/66B | €99,358 | €52,291 | -€47,067 | -47.4% |
| Recurring financial charges | 65 | €99,358 | €52,291 | -€47,067 | -47.4% |
| Profit (loss) for the period before taxes | 9903 | €203,405 | €552,091 | +€348,686 | +171.4% |
| Income taxes | 67/77 | €59,829 | €133,208 | +€73,379 | +122.6% |
| Profit (loss) for the period | 9904 | €143,576 | €418,883 | +€275,307 | +191.8% |
| Transfer to tax-exempt reserves | 689 | - | €126,300 | +€126,300 | |
| Profit (loss) for the period to be appropriated | 9905 | €143,576 | €292,583 | +€149,007 | +103.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.