DUROSAIRE: 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.
DUROSAIRE
Largest movements
- Tangible fixed assets -€72,932
down €72,932 (-3.6%), from €2.0m to €1.9m
of which Land and buildings: -€75,518
- Cash +€47,101
up €47,101 (+18.1%), from €260,075 to €307,175
mainly Depreciation (+€105,964) and Net result for the year (+€83,436)
- Debts after one year -€115,114
down €115,114 (-32.0%), from €359,347 to €244,233
of which Financial debts: -€115,114
- Profit (loss) carried forward +€83,436
up €83,436 (+59.9%), from -€139,378 to -€55,942
- Depreciation -€53,866
down €53,866 (-33.7%), from €159,829 to €105,964
- Gross operating margin +€15,989
up €15,989 (+7.8%), from €205,102 to €221,092
- Financial charges -€4,628
down €4,628 (-20.4%), from €22,722 to €18,094
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.
Derived cash bridge
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 | €2,263,413 | €2,238,397 | -€25,015 | -1.1% |
| Fixed assets | 21/28 | €2,000,901 | €1,927,970 | -€72,932 | -3.6% |
| Tangible fixed assets | 22/27 | €2,000,901 | €1,927,970 | -€72,932 | -3.6% |
| Land and buildings | 22 | €1,994,875 | €1,919,357 | -€75,518 | -3.8% |
| Furniture and vehicles | 24 | €1,914 | €1,374 | -€540 | -28.2% |
| Other tangible fixed assets | 26 | €4,112 | €7,239 | +€3,127 | +76.0% |
| Current assets | 29/58 | €262,511 | €310,428 | +€47,916 | +18.3% |
| Amounts receivable within one year | 40/41 | €1,069 | €1,069 | = | 0.0% |
| Other amounts receivable | 41 | €1,069 | €1,069 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €260,075 | €307,175 | +€47,101 | +18.1% |
| Deferred charges and accrued income | 490/1 | €1,367 | €2,183 | +€815 | +59.6% |
| Total equity and liabilities | 10/49 | €2,263,413 | €2,238,397 | -€25,015 | -1.1% |
| Equity | 10/15 | €1,092,434 | €1,175,870 | +€83,436 | +7.6% |
| Contributions | 10/11 | €1,231,000 | €1,231,000 | = | 0.0% |
| Reserves | 13 | €812 | €812 | = | 0.0% |
| Distributable reserves | 133 | €812 | €812 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,378 | -€55,942 | +€83,436 | +59.9% |
| Amounts payable | 17/49 | €1,170,979 | €1,062,527 | -€108,451 | -9.3% |
| Amounts payable after more than one year | 17 | €359,347 | €244,233 | -€115,114 | -32.0% |
| Financial debts | 170/4 | €357,247 | €242,133 | -€115,114 | -32.2% |
| Other amounts payable | 178/9 | €2,100 | €2,100 | = | 0.0% |
| Amounts payable within one year | 42/48 | €811,632 | €818,295 | +€6,663 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €110,334 | €115,114 | +€4,781 | +4.3% |
| Trade debts | 44 | €1,997 | €1,658 | -€339 | -17.0% |
| Suppliers | 440/4 | €1,997 | €1,658 | -€339 | -17.0% |
| Other amounts payable | 47/48 | €699,301 | €701,522 | +€2,221 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,829 | €105,964 | -€53,866 | -33.7% |
| Other operating charges | 640/8 | €13,484 | €13,598 | +€114 | +0.8% |
| Gross operating margin | 9900 | €205,102 | €221,092 | +€15,989 | +7.8% |
| Operating profit (loss) | 9901 | €31,789 | €101,530 | +€69,741 | +219% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €22,722 | €18,094 | -€4,628 | -20.4% |
| Recurring financial charges | 65 | €22,722 | €18,094 | -€4,628 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €9,067 | €83,436 | +€74,369 | +820% |
| Profit (loss) for the period | 9904 | €9,067 | €83,436 | +€74,369 | +820% |
| Profit (loss) for the period to be appropriated | 9905 | €9,067 | €83,436 | +€74,369 | +820% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.