DURO: 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.
DURO
Largest movements
- Tangible fixed assets +€253,851
up €253,851 (+32.0%), from €792,540 to €1.0m
of which Land and buildings: +€257,835
- Current investments -€200,518
down €200,518 (-43.4%), from €462,364 to €261,846
- Cash +€92,364
up €92,364 (+281.3%), from €32,835 to €125,198
mainly Current investments (+€200,518) and Other debts (+€150,405)
- Other debts +€150,405
up €150,405 (+85.2%), from €176,466 to €326,871
- Financial income +€8,870
up €8,870 (+712.6%), from €1,245 to €10,115
- Financial charges +€3,886
up €3,886 (+16.3%), from €23,778 to €27,664
- Gross operating margin +€2,571
up €2,571 (+3.0%), from €86,245 to €88,816
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 | €1,462,331 | €1,614,278 | +€151,947 | +10.4% |
| Fixed assets | 21/28 | €792,540 | €1,046,391 | +€253,851 | +32.0% |
| Tangible fixed assets | 22/27 | €792,540 | €1,046,391 | +€253,851 | +32.0% |
| Land and buildings | 22 | €782,443 | €1,040,279 | +€257,835 | +33.0% |
| Plant, machinery and equipment | 23 | €1,336 | €858 | -€478 | -35.8% |
| Furniture and vehicles | 24 | €8,761 | €5,254 | -€3,506 | -40.0% |
| Current assets | 29/58 | €669,791 | €567,887 | -€101,904 | -15.2% |
| Stocks and contracts in progress | 3 | €157,323 | €157,323 | = | 0.0% |
| Stocks | 30/36 | €157,323 | €157,323 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,009 | €13,422 | +€2,413 | +21.9% |
| Trade receivables | 40 | €1,634 | €1,960 | +€327 | +20.0% |
| Other amounts receivable | 41 | €9,376 | €11,462 | +€2,086 | +22.2% |
| Current investments | 50/53 | €462,364 | €261,846 | -€200,518 | -43.4% |
| Cash at bank and in hand | 54/58 | €32,835 | €125,198 | +€92,364 | +281.3% |
| Deferred charges and accrued income | 490/1 | €6,260 | €10,098 | +€3,838 | +61.3% |
| Total equity and liabilities | 10/49 | €1,462,331 | €1,614,278 | +€151,947 | +10.4% |
| Equity | 10/15 | €1,082,597 | €1,078,852 | -€3,745 | -0.3% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €957,597 | €953,852 | -€3,745 | -0.4% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €945,097 | €941,352 | -€3,745 | -0.4% |
| Amounts payable | 17/49 | €379,734 | €535,426 | +€155,692 | +41.0% |
| Amounts payable within one year | 42/48 | €354,502 | €509,864 | +€155,362 | +43.8% |
| Financial debts | 43 | €175,970 | €175,970 | = | 0.0% |
| Other loans | 439 | €175,970 | €175,970 | = | 0.0% |
| Trade debts | 44 | €2,022 | €6,921 | +€4,899 | +242.3% |
| Suppliers | 440/4 | €2,022 | €6,921 | +€4,899 | +242.3% |
| Taxes, remuneration and social security | 45 | €43 | €101 | +€58 | +133.2% |
| Taxes | 450/3 | €43 | €101 | +€58 | +133.2% |
| Other amounts payable | 47/48 | €176,466 | €326,871 | +€150,405 | +85.2% |
| Accrued charges and deferred income | 492/3 | €25,233 | €25,562 | +€330 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,073 | €61,313 | +€240 | +0.4% |
| Other operating charges | 640/8 | €13,256 | €13,445 | +€189 | +1.4% |
| Gross operating margin | 9900 | €86,245 | €88,816 | +€2,571 | +3.0% |
| Operating profit (loss) | 9901 | €11,916 | €14,058 | +€2,142 | +18.0% |
| Financial income | 75/76B | €1,245 | €10,115 | +€8,870 | +712.6% |
| Recurring financial income | 75 | €1,245 | €10,115 | +€8,870 | +712.6% |
| Financial charges | 65/66B | €23,778 | €27,664 | +€3,886 | +16.3% |
| Recurring financial charges | 65 | €23,778 | €27,664 | +€3,886 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,618 | -€3,492 | +€7,126 | +67.1% |
| Income taxes | 67/77 | €258 | €253 | -€5 | -1.9% |
| Profit (loss) for the period | 9904 | -€10,875 | -€3,745 | +€7,131 | +65.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,875 | -€3,745 | +€7,131 | +65.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.