DURV: 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.
DURV
Largest movements
- Receivables within one year -€384,711
down €384,711 (-21.0%), from €1.8m to €1.4m
of which Other amounts receivable: -€262,903
- Cash +€162,977
up €162,977 (+274.1%), from €59,463 to €222,441
mainly Receivables within one year (+€384,711) and Trade debts (+€336,668)
- Stocks and contracts -€86,150
down €86,150 (-11.8%), from €732,690 to €646,540
of which Contracts in progress: -€86,000
- Tangible fixed assets -€40,359
down €40,359 (-22.8%), from €176,899 to €136,540
of which Furniture and vehicles: -€22,523
- Debts after one year -€466,113
down €466,113 (-54.1%), from €861,113 to €395,000
- Trade debts +€336,668
up €336,668 (+54.8%), from €613,917 to €950,586
- Profit (loss) carried forward -€177,051
down €177,051 (-74.0%), from -€239,138 to -€416,189
- Accrued charges and deferred income -€151,200
down €151,200 (-100.0%), from €151,200 to €0
- Tax, wage and social debts +€116,030
up €116,030 (+228.5%), from €50,769 to €166,799
of which Remuneration and social security: +€133,507
- Gross operating margin +€415,150
up €415,150 (+87.5%), from €474,341 to €889,491
- Other operating charges +€297,006
up €297,006 (+1211.7%), from €24,511 to €321,517
- Staff costs -€94,240
down €94,240 (-13.7%), from €689,735 to €595,495
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 | €2,814,028 | €2,463,565 | -€350,464 | -12.5% |
| Fixed assets | 21/28 | €185,349 | €144,360 | -€40,989 | -22.1% |
| Intangible fixed assets | 21 | €765 | €0 | -€765 | -100.0% |
| Tangible fixed assets | 22/27 | €176,899 | €136,540 | -€40,359 | -22.8% |
| Plant, machinery and equipment | 23 | €64,658 | €49,758 | -€14,900 | -23.0% |
| Furniture and vehicles | 24 | €71,890 | €49,367 | -€22,523 | -31.3% |
| Other tangible fixed assets | 26 | €40,351 | €37,415 | -€2,936 | -7.3% |
| Financial fixed assets | 28 | €7,685 | €7,820 | +€135 | +1.8% |
| Current assets | 29/58 | €2,628,680 | €2,319,205 | -€309,475 | -11.8% |
| Stocks and contracts in progress | 3 | €732,690 | €646,540 | -€86,150 | -11.8% |
| Stocks | 30/36 | €14,190 | €14,040 | -€150 | -1.1% |
| Contracts in progress | 37 | €718,500 | €632,500 | -€86,000 | -12.0% |
| Amounts receivable within one year | 40/41 | €1,828,698 | €1,443,987 | -€384,711 | -21.0% |
| Trade receivables | 40 | €1,453,536 | €1,331,727 | -€121,808 | -8.4% |
| Other amounts receivable | 41 | €375,163 | €112,260 | -€262,903 | -70.1% |
| Cash at bank and in hand | 54/58 | €59,463 | €222,441 | +€162,977 | +274.1% |
| Deferred charges and accrued income | 490/1 | €7,828 | €6,237 | -€1,591 | -20.3% |
| Total equity and liabilities | 10/49 | €2,814,028 | €2,463,565 | -€350,464 | -12.5% |
| Equity | 10/15 | €460,389 | €283,337 | -€177,051 | -38.5% |
| Contributions | 10/11 | €513,875 | €513,875 | = | 0.0% |
| Capital | 10 | €513,875 | €513,875 | = | 0.0% |
| Issued capital | 100 | €513,875 | €513,875 | = | 0.0% |
| Reserves | 13 | €185,652 | €185,652 | = | 0.0% |
| Non-distributable reserves | 130/1 | €51,388 | €51,388 | = | 0.0% |
| Legal reserve | 130 | €51,388 | €51,388 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,952 | €19,952 | = | 0.0% |
| Distributable reserves | 133 | €114,312 | €114,312 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€239,138 | -€416,189 | -€177,051 | -74.0% |
| Amounts payable | 17/49 | €2,353,640 | €2,180,228 | -€173,412 | -7.4% |
| Amounts payable after more than one year | 17 | €861,113 | €395,000 | -€466,113 | -54.1% |
| Financial debts | 170/4 | €861,113 | €395,000 | -€466,113 | -54.1% |
| Amounts payable within one year | 42/48 | €1,341,327 | €1,785,228 | +€443,900 | +33.1% |
| Current portion of amounts payable after more than one year | 42 | €31,771 | €21,113 | -€10,658 | -33.5% |
| Financial debts | 43 | €550,000 | €550,000 | = | 0.0% |
| Credit institutions | 430/8 | €550,000 | €550,000 | = | 0.0% |
| Trade debts | 44 | €613,917 | €950,586 | +€336,668 | +54.8% |
| Suppliers | 440/4 | €613,917 | €950,586 | +€336,668 | +54.8% |
| Taxes, remuneration and social security | 45 | €50,769 | €166,799 | +€116,030 | +228.5% |
| Taxes | 450/3 | €32,568 | €15,091 | -€17,477 | -53.7% |
| Remuneration and social security | 454/9 | €18,201 | €151,708 | +€133,507 | +733.5% |
| Other amounts payable | 47/48 | €94,870 | €96,731 | +€1,860 | +2.0% |
| Accrued charges and deferred income | 492/3 | €151,200 | €0 | -€151,200 | -100.0% |
| Non-recurring operating income | 76A | - | €696,200 | +€696,200 | |
| Remuneration, social security and pensions | 62 | €689,735 | €595,495 | -€94,240 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,483 | €58,039 | +€4,556 | +8.5% |
| Other operating charges | 640/8 | €24,511 | €321,517 | +€297,006 | +1211.7% |
| Gross operating margin | 9900 | €474,341 | €889,491 | +€415,150 | +87.5% |
| Operating profit (loss) | 9901 | -€293,388 | -€85,560 | +€207,829 | +70.8% |
| Financial income | 75/76B | €3,817 | €2,544 | -€1,273 | -33.3% |
| Recurring financial income | 75 | €3,817 | €2,544 | -€1,273 | -33.3% |
| Financial charges | 65/66B | €94,273 | €93,413 | -€860 | -0.9% |
| Recurring financial charges | 65 | €94,273 | €93,413 | -€860 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | -€383,844 | -€176,428 | +€207,416 | +54.0% |
| Income taxes | 67/77 | €2,062 | €623 | -€1,439 | -69.8% |
| Profit (loss) for the period | 9904 | -€385,907 | -€177,051 | +€208,855 | +54.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€385,907 | -€177,051 | +€208,855 | +54.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.