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
- Financial fixed assets +€44,999
up €44,999 (+160.9%), from €27,972 to €72,971
- Receivables within one year -€25,209
down €25,209 (-46.3%), from €54,450 to €29,241
of which Trade receivables: -€54,450
- Tangible fixed assets -€18,412
down €18,412 (-30.6%), from €60,135 to €41,722
of which Furniture and vehicles: -€17,613
- Cash +€17,046
up €17,046 (+24.8%), from €68,668 to €85,714
mainly Net result for the year (+€144,752) and Receivables within one year (+€25,209)
- Reserves +€144,752
up €144,752 (+234.6%), from €61,701 to €206,453
of which Distributable reserves: +€144,752
- Other debts -€75,000
down €75,000 (-100.0%), from €75,000 to €0
- Tax, wage and social debts -€25,832
down €25,832 (-100.0%), from €25,832 to €0
- Debts after one year -€11,978
down €11,978 (-100.0%), from €11,978 to €0
of which Financial debts: -€10,235
- Current portion of long-term debt -€6,845
down €6,845 (-48.3%), from €14,182 to €7,337
- Gross operating margin +€119,590
up €119,590 (+96.2%), from €124,268 to €243,859
- Taxes +€56,987
up €56,987 (+247.6%), from €23,014 to €80,001
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 | €212,578 | €231,054 | +€18,475 | +8.7% |
| Fixed assets | 21/28 | €88,107 | €114,694 | +€26,587 | +30.2% |
| Tangible fixed assets | 22/27 | €60,135 | €41,722 | -€18,412 | -30.6% |
| Plant, machinery and equipment | 23 | €2,796 | €1,996 | -€799 | -28.6% |
| Furniture and vehicles | 24 | €57,339 | €39,726 | -€17,613 | -30.7% |
| Financial fixed assets | 28 | €27,972 | €72,971 | +€44,999 | +160.9% |
| Current assets | 29/58 | €124,471 | €116,360 | -€8,111 | -6.5% |
| Amounts receivable within one year | 40/41 | €54,450 | €29,241 | -€25,209 | -46.3% |
| Trade receivables | 40 | €54,450 | €0 | -€54,450 | -100.0% |
| Other amounts receivable | 41 | €0 | €29,241 | +€29,241 | |
| Cash at bank and in hand | 54/58 | €68,668 | €85,714 | +€17,046 | +24.8% |
| Deferred charges and accrued income | 490/1 | €1,353 | €1,405 | +€52 | +3.9% |
| Total equity and liabilities | 10/49 | €212,578 | €231,054 | +€18,475 | +8.7% |
| Equity | 10/15 | €76,701 | €221,453 | +€144,752 | +188.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €61,701 | €206,453 | +€144,752 | +234.6% |
| Non-distributable reserves | 130/1 | €1,500 | €1,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,500 | €1,500 | = | 0.0% |
| Distributable reserves | 133 | €60,201 | €204,953 | +€144,752 | +240.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €135,877 | €9,601 | -€126,276 | -92.9% |
| Amounts payable after more than one year | 17 | €11,978 | €0 | -€11,978 | -100.0% |
| Financial debts | 170/4 | €10,235 | €0 | -€10,235 | -100.0% |
| Other amounts payable | 178/9 | €1,743 | €0 | -€1,743 | -100.0% |
| Amounts payable within one year | 42/48 | €123,899 | €9,601 | -€114,298 | -92.3% |
| Current portion of amounts payable after more than one year | 42 | €14,182 | €7,337 | -€6,845 | -48.3% |
| Trade debts | 44 | €8,885 | €2,264 | -€6,621 | -74.5% |
| Suppliers | 440/4 | €8,885 | €2,264 | -€6,621 | -74.5% |
| Taxes, remuneration and social security | 45 | €25,832 | €0 | -€25,832 | -100.0% |
| Taxes | 450/3 | €25,832 | €0 | -€25,832 | -100.0% |
| Other amounts payable | 47/48 | €75,000 | €0 | -€75,000 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,790 | €18,412 | -€378 | -2.0% |
| Other operating charges | 640/8 | €1,577 | €1,717 | +€140 | +8.9% |
| Gross operating margin | 9900 | €124,268 | €243,859 | +€119,590 | +96.2% |
| Operating profit (loss) | 9901 | €103,901 | €223,729 | +€119,828 | +115.3% |
| Financial income | 75/76B | €18 | €2,137 | +€2,119 | +11878.9% |
| Recurring financial income | 75 | €18 | €2,137 | +€2,119 | +11878.9% |
| Financial charges | 65/66B | €1,844 | €1,114 | -€730 | -39.6% |
| Recurring financial charges | 65 | €1,844 | €1,114 | -€730 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €102,075 | €224,752 | +€122,677 | +120.2% |
| Income taxes | 67/77 | €23,014 | €80,001 | +€56,987 | +247.6% |
| Profit (loss) for the period | 9904 | €79,061 | €144,752 | +€65,691 | +83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €79,061 | €144,752 | +€65,691 | +83.1% |
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 6 October 2026 via checked.be.