DURU MAZOUT: 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.
DURU MAZOUT
Largest movements
- Receivables within one year +€89,236
up €89,236 (+11.7%), from €761,116 to €850,351
of which Trade receivables: +€88,976
- Cash -€47,944
down €47,944 (-58.5%), from €81,900 to €33,956
mainly Receivables within one year (-€89,236) and Stocks and contracts (-€20,000)
- Stocks and contracts +€20,000
up €20,000 (+55.4%), from €36,100 to €56,100
- Reserves +€32,557
up €32,557 (+14.4%), from €226,761 to €259,318
of which Distributable reserves: +€32,557
- Other debts +€13,664
up €13,664 (+163%), from €8,386 to €22,050
- Staff costs +€21,568
up €21,568 (+174%), from €12,407 to €33,975
- Gross operating margin +€15,431
up €15,431 (+17.1%), from €90,237 to €105,668
- Taxes -€13,834
down €13,834 (-48.4%), from €28,574 to €14,740
- Depreciation +€7,378
up €7,378 (+335%), from €2,204 to €9,582
- Financial charges +€7,117
up €7,117 (+158%), from €4,501 to €11,618
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.
Derived cash bridge
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 | €918,292 | €967,167 | +€48,875 | +5.3% |
| Fixed assets | 21/28 | €34,869 | €25,287 | -€9,582 | -27.5% |
| Tangible fixed assets | 22/27 | €34,734 | €25,152 | -€9,582 | -27.6% |
| Land and buildings | 22 | €6,747 | €6,047 | -€700 | -10.4% |
| Plant, machinery and equipment | 23 | €1,359 | €826 | -€533 | -39.2% |
| Furniture and vehicles | 24 | €26,628 | €18,279 | -€8,349 | -31.4% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €883,423 | €941,880 | +€58,457 | +6.6% |
| Stocks and contracts in progress | 3 | €36,100 | €56,100 | +€20,000 | +55.4% |
| Stocks | 30/36 | €36,100 | €56,100 | +€20,000 | +55.4% |
| Amounts receivable within one year | 40/41 | €761,116 | €850,351 | +€89,236 | +11.7% |
| Trade receivables | 40 | €761,017 | €849,992 | +€88,976 | +11.7% |
| Other amounts receivable | 41 | €99 | €359 | +€260 | +263% |
| Cash at bank and in hand | 54/58 | €81,900 | €33,956 | -€47,944 | -58.5% |
| Deferred charges and accrued income | 490/1 | €4,308 | €1,474 | -€2,834 | -65.8% |
| Total equity and liabilities | 10/49 | €918,292 | €967,167 | +€48,875 | +5.3% |
| Equity | 10/15 | €307,801 | €340,359 | +€32,557 | +10.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €226,761 | €259,318 | +€32,557 | +14.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,124 | €1,124 | = | 0.0% |
| Distributable reserves | 133 | €223,777 | €256,334 | +€32,557 | +14.5% |
| Profit (loss) carried forward | 14 | €62,441 | €62,441 | = | 0.0% |
| Amounts payable | 17/49 | €610,491 | €626,809 | +€16,318 | +2.7% |
| Amounts payable after more than one year | 17 | €13,782 | €5,237 | -€8,545 | -62.0% |
| Financial debts | 170/4 | €13,782 | €5,237 | -€8,545 | -62.0% |
| Amounts payable within one year | 42/48 | €596,709 | €621,571 | +€24,863 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €8,023 | €8,545 | +€522 | +6.5% |
| Trade debts | 44 | €504,463 | €508,891 | +€4,428 | +0.9% |
| Suppliers | 440/4 | €504,463 | €508,891 | +€4,428 | +0.9% |
| Advances received on contracts in progress | 46 | €13,709 | €13,709 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €62,127 | €68,376 | +€6,249 | +10.1% |
| Taxes | 450/3 | €58,406 | €68,376 | +€9,970 | +17.1% |
| Remuneration and social security | 454/9 | €3,721 | - | -€3,721 | |
| Other amounts payable | 47/48 | €8,386 | €22,050 | +€13,664 | +163% |
| Remuneration, social security and pensions | 62 | €12,407 | €33,975 | +€21,568 | +174% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,204 | €9,582 | +€7,378 | +335% |
| Other operating charges | 640/8 | €1,092 | €3,285 | +€2,193 | +201% |
| Gross operating margin | 9900 | €90,237 | €105,668 | +€15,431 | +17.1% |
| Operating profit (loss) | 9901 | €74,534 | €58,826 | -€15,708 | -21.1% |
| Financial income | 75/76B | €10 | €90 | +€79 | +781% |
| Recurring financial income | 75 | €10 | €90 | +€79 | +781% |
| Financial charges | 65/66B | €4,501 | €11,618 | +€7,117 | +158% |
| Recurring financial charges | 65 | €4,501 | €11,618 | +€7,117 | +158% |
| Profit (loss) for the period before taxes | 9903 | €70,043 | €47,298 | -€22,745 | -32.5% |
| Income taxes | 67/77 | €28,574 | €14,740 | -€13,834 | -48.4% |
| Profit (loss) for the period | 9904 | €41,468 | €32,557 | -€8,911 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,468 | €32,557 | -€8,911 | -21.5% |
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 26 October 2026 via checked.be.