Durel: 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.
Durel
Largest movements
- Tangible fixed assets +€5,063
up €5,063 (+281.0%), from €1,802 to €6,865
of which Plant, machinery and equipment: +€5,954
- Deferred charges and accrued income -€1,034
no longer reported in 2025 (was €1,034)
- Receivables within one year +€875
up €875 (+4.2%), from €20,877 to €21,751
- Profit (loss) carried forward +€63,654
up €63,654 (+51.1%), from -€124,640 to -€60,986
- Tax, wage and social debts -€46,891
down €46,891 (-52.4%), from €89,523 to €42,631
of which Taxes: -€42,472
- Debts after one year -€11,394
no longer reported in 2025 (was €11,394)
- Current portion of long-term debt -€1,573
down €1,573 (-12.1%), from €12,967 to €11,394
- Trade debts +€1,363
up €1,363 (+18.6%), from €7,323 to €8,687
- Taxes -€33,214
down €33,214 (-61.2%), from €54,308 to €21,094
- Gross operating margin +€13,848
up €13,848 (+18.0%), from €77,130 to €90,977
- Depreciation -€3,359
down €3,359 (-61.7%), from €5,441 to €2,082
- Other operating charges +€1,100
up €1,100 (+47.8%), from €2,302 to €3,402
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 | €48,416 | €53,575 | +€5,159 | +10.7% |
| Fixed assets | 21/28 | €1,802 | €6,865 | +€5,063 | +281.0% |
| Tangible fixed assets | 22/27 | €1,802 | €6,865 | +€5,063 | +281.0% |
| Land and buildings | 22 | €1,802 | €911 | -€891 | -49.4% |
| Plant, machinery and equipment | 23 | - | €5,954 | +€5,954 | |
| Current assets | 29/58 | €46,615 | €46,710 | +€95 | +0.2% |
| Amounts receivable within one year | 40/41 | €20,877 | €21,751 | +€875 | +4.2% |
| Trade receivables | 40 | €20,877 | €21,751 | +€875 | +4.2% |
| Cash at bank and in hand | 54/58 | €24,704 | €24,959 | +€255 | +1.0% |
| Deferred charges and accrued income | 490/1 | €1,034 | - | -€1,034 | |
| Total equity and liabilities | 10/49 | €48,416 | €53,575 | +€5,159 | +10.7% |
| Equity | 10/15 | -€72,791 | -€9,137 | +€63,654 | +87.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Outside capital | 11 | €30,000 | €30,000 | = | 0.0% |
| Other | 1109/19 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €21,849 | €21,849 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €18,849 | €18,849 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,640 | -€60,986 | +€63,654 | +51.1% |
| Amounts payable | 17/49 | €121,207 | €62,713 | -€58,495 | -48.3% |
| Amounts payable after more than one year | 17 | €11,394 | - | -€11,394 | |
| Financial debts | 170/4 | €11,394 | - | -€11,394 | |
| Amounts payable within one year | 42/48 | €109,813 | €62,713 | -€47,100 | -42.9% |
| Current portion of amounts payable after more than one year | 42 | €12,967 | €11,394 | -€1,573 | -12.1% |
| Trade debts | 44 | €7,323 | €8,687 | +€1,363 | +18.6% |
| Suppliers | 440/4 | €7,323 | €8,687 | +€1,363 | +18.6% |
| Taxes, remuneration and social security | 45 | €89,523 | €42,631 | -€46,891 | -52.4% |
| Taxes | 450/3 | €85,103 | €42,631 | -€42,472 | -49.9% |
| Remuneration and social security | 454/9 | €4,419 | - | -€4,419 | |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,441 | €2,082 | -€3,359 | -61.7% |
| Other operating charges | 640/8 | €2,302 | €3,402 | +€1,100 | +47.8% |
| Gross operating margin | 9900 | €77,130 | €90,977 | +€13,848 | +18.0% |
| Operating profit (loss) | 9901 | €69,387 | €85,494 | +€16,107 | +23.2% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €278 | €745 | +€468 | +168.3% |
| Recurring financial charges | 65 | €278 | €745 | +€468 | +168.3% |
| Profit (loss) for the period before taxes | 9903 | €69,111 | €84,748 | +€15,637 | +22.6% |
| Income taxes | 67/77 | €54,308 | €21,094 | -€33,214 | -61.2% |
| Profit (loss) for the period | 9904 | €14,803 | €63,654 | +€48,851 | +330.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,803 | €63,654 | +€48,851 | +330.0% |
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 7 October 2026 via checked.be.