DURMAN: 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.
DURMAN
Largest movements
- Current investments -€200,000
down €200,000 (-92.3%), from €216,789 to €16,789
- Cash +€173,939
up €173,939 (+154.6%), from €112,502 to €286,441
mainly Current investments (+€200,000) and Other debts (+€21,904)
- Trade debts -€31,283
no longer reported in 2025 (was €31,283)
- Other debts +€21,904
up €21,904 (+772.4%), from €2,836 to €24,740
- Reserves -€20,000
down €20,000 (-7.1%), from €281,918 to €261,918
of which Distributable reserves: -€20,000
- Profit (loss) carried forward +€5,414
up €5,414 (+34.0%), from €15,920 to €21,334
- Staff costs +€55,245
up €55,245 (+32.0%), from €172,527 to €227,772
- Taxes -€10,551
down €10,551, from €9,297 to -€1,255
- Financial charges -€9,475
down €9,475 (-63.6%), from €14,890 to €5,416
of which Non-recurring financial charges: -€8,000
- Gross operating margin -€6,062
down €6,062 (-2.4%), from €249,073 to €243,011
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 | €372,983 | €351,551 | -€21,432 | -5.7% |
| Fixed assets | 21/28 | €34,041 | €35,391 | +€1,350 | +4.0% |
| Tangible fixed assets | 22/27 | €32,433 | €33,783 | +€1,350 | +4.2% |
| Plant, machinery and equipment | 23 | €247 | - | -€247 | |
| Furniture and vehicles | 24 | €32,186 | €33,783 | +€1,596 | +5.0% |
| Financial fixed assets | 28 | €1,608 | €1,608 | = | 0.0% |
| Current assets | 29/58 | €338,942 | €316,160 | -€22,782 | -6.7% |
| Stocks and contracts in progress | 3 | €1,403 | €1,295 | -€108 | -7.7% |
| Stocks | 30/36 | €1,403 | €1,295 | -€108 | -7.7% |
| Amounts receivable within one year | 40/41 | €8,247 | €11,634 | +€3,387 | +41.1% |
| Trade receivables | 40 | €324 | €2,248 | +€1,924 | +594.1% |
| Other amounts receivable | 41 | €7,923 | €9,386 | +€1,462 | +18.5% |
| Current investments | 50/53 | €216,789 | €16,789 | -€200,000 | -92.3% |
| Cash at bank and in hand | 54/58 | €112,502 | €286,441 | +€173,939 | +154.6% |
| Total equity and liabilities | 10/49 | €372,983 | €351,551 | -€21,432 | -5.7% |
| Equity | 10/15 | €316,429 | €301,843 | -€14,586 | -4.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €281,918 | €261,918 | -€20,000 | -7.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €261,308 | €241,308 | -€20,000 | -7.7% |
| Profit (loss) carried forward | 14 | €15,920 | €21,334 | +€5,414 | +34.0% |
| Amounts payable | 17/49 | €56,554 | €49,708 | -€6,846 | -12.1% |
| Amounts payable within one year | 42/48 | €56,554 | €49,708 | -€6,846 | -12.1% |
| Trade debts | 44 | €31,283 | - | -€31,283 | |
| Suppliers | 440/4 | €31,283 | - | -€31,283 | |
| Taxes, remuneration and social security | 45 | €22,435 | €24,968 | +€2,533 | +11.3% |
| Taxes | 450/3 | €1,648 | €871 | -€777 | -47.2% |
| Remuneration and social security | 454/9 | €20,787 | €24,097 | +€3,311 | +15.9% |
| Other amounts payable | 47/48 | €2,836 | €24,740 | +€21,904 | +772.4% |
| Non-recurring operating income | 76A | - | €386 | +€386 | |
| Remuneration, social security and pensions | 62 | €172,527 | €227,772 | +€55,245 | +32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,876 | €9,304 | +€428 | +4.8% |
| Gross operating margin | 9900 | €249,073 | €243,011 | -€6,062 | -2.4% |
| Operating profit (loss) | 9901 | €67,670 | €5,934 | -€61,735 | -91.2% |
| Financial income | 75/76B | €5,177 | €3,640 | -€1,537 | -29.7% |
| Recurring financial income | 75 | €5,177 | €3,640 | -€1,537 | -29.7% |
| Financial charges | 65/66B | €14,890 | €5,416 | -€9,475 | -63.6% |
| Recurring financial charges | 65 | €6,890 | €5,416 | -€1,475 | -21.4% |
| Non-recurring financial charges | 66B | €8,000 | - | -€8,000 | |
| Profit (loss) for the period before taxes | 9903 | €57,956 | €4,159 | -€53,797 | -92.8% |
| Income taxes | 67/77 | €9,297 | -€1,255 | -€10,551 | |
| Profit (loss) for the period | 9904 | €48,659 | €5,414 | -€43,246 | -88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,659 | €5,414 | -€43,246 | -88.9% |
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 2 October 2026 via checked.be.