DURNABLE: 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.
DURNABLE
Largest movements
- Current investments -€200,000
down €200,000 (-8.3%), from €2.4m to €2.2m
- Cash +€132,282
up €132,282 (+363.4%), from €36,401 to €168,683
mainly Current investments (+€200,000) and Net result for the year (+€47,341)
- Tangible fixed assets +€55,659
up €55,659 (+2.2%), from €2.5m to €2.6m
of which Land and buildings: +€195,487
- Trade debts -€51,072
down €51,072 (-98.7%), from €51,733 to €661
- Financial income -€2.4m
down €2.4m (-97.2%), from €2.5m to €69,268
of which Non-recurring financial income: -€2.5m
- Gross operating margin +€36,411
up €36,411, from -€20,131 to €16,280
- Depreciation +€8,452
up €8,452 (+35.9%), from €23,547 to €31,999
- Other operating charges +€3,984
up €3,984 (+185.6%), from €2,146 to €6,130
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,002,087 | €4,999,382 | -€2,705 | -0.1% |
| Fixed assets | 21/28 | €2,539,509 | €2,595,167 | +€55,659 | +2.2% |
| Tangible fixed assets | 22/27 | €2,539,509 | €2,595,167 | +€55,659 | +2.2% |
| Land and buildings | 22 | €2,302,016 | €2,497,503 | +€195,487 | +8.5% |
| Plant, machinery and equipment | 23 | €5,341 | €4,781 | -€560 | -10.5% |
| Furniture and vehicles | 24 | - | €4,148 | +€4,148 | |
| Assets under construction and advance payments | 27 | €232,152 | €88,736 | -€143,416 | -61.8% |
| Current assets | 29/58 | €2,462,578 | €2,404,215 | -€58,364 | -2.4% |
| Amounts receivable within one year | 40/41 | €1,306 | €27,002 | +€25,696 | +1968.1% |
| Other amounts receivable | 41 | €1,306 | €27,002 | +€25,696 | +1968.1% |
| Current investments | 50/53 | €2,400,000 | €2,200,000 | -€200,000 | -8.3% |
| Cash at bank and in hand | 54/58 | €36,401 | €168,683 | +€132,282 | +363.4% |
| Deferred charges and accrued income | 490/1 | €24,871 | €8,530 | -€16,342 | -65.7% |
| Total equity and liabilities | 10/49 | €5,002,087 | €4,999,382 | -€2,705 | -0.1% |
| Equity | 10/15 | €4,950,354 | €4,997,695 | +€47,341 | +1.0% |
| Contributions | 10/11 | €2,099,140 | €2,099,140 | = | 0.0% |
| Capital | 10 | €2,099,140 | €2,099,140 | = | 0.0% |
| Issued capital | 100 | €2,099,140 | €2,099,140 | = | 0.0% |
| Reserves | 13 | €653,011 | €653,011 | = | 0.0% |
| Non-distributable reserves | 130/1 | €209,914 | €209,914 | = | 0.0% |
| Legal reserve | 130 | €209,914 | €209,914 | = | 0.0% |
| Distributable reserves | 133 | €443,097 | €443,097 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,198,203 | €2,245,544 | +€47,341 | +2.2% |
| Amounts payable | 17/49 | €51,733 | €1,687 | -€50,046 | -96.7% |
| Amounts payable within one year | 42/48 | €51,733 | €661 | -€51,072 | -98.7% |
| Trade debts | 44 | €51,733 | €661 | -€51,072 | -98.7% |
| Suppliers | 440/4 | €51,733 | €661 | -€51,072 | -98.7% |
| Accrued charges and deferred income | 492/3 | - | €1,026 | +€1,026 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,547 | €31,999 | +€8,452 | +35.9% |
| Other operating charges | 640/8 | €2,146 | €6,130 | +€3,984 | +185.6% |
| Gross operating margin | 9900 | -€20,131 | €16,280 | +€36,411 | |
| Operating profit (loss) | 9901 | -€45,824 | -€21,849 | +€23,975 | +52.3% |
| Financial income | 75/76B | €2,493,043 | €69,268 | -€2.4m | -97.2% |
| Recurring financial income | 75 | €24,852 | €69,268 | +€44,416 | +178.7% |
| Non-recurring financial income | 76B | €2,468,191 | - | -€2.5m | |
| Financial charges | 65/66B | €143 | €78 | -€65 | -45.5% |
| Recurring financial charges | 65 | €143 | €78 | -€65 | -45.5% |
| Profit (loss) for the period before taxes | 9903 | €2,447,075 | €47,341 | -€2.4m | -98.1% |
| Profit (loss) for the period | 9904 | €2,447,075 | €47,341 | -€2.4m | -98.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,447,075 | €47,341 | -€2.4m | -98.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.