Duspie: 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.
Duspie
Largest movements
- Tangible fixed assets +€31,824
up €31,824 (+3.0%), from €1.1m to €1.1m
of which Assets under construction and advance payments: +€70,750
- Cash -€12,965
down €12,965 (-27.4%), from €47,279 to €34,315
mainly Investment in fixed assets (net) (-€70,750) and Current portion of long-term debt (-€25,247)
- Debts after one year +€37,735
up €37,735 (+12.6%), from €300,446 to €338,181
of which Other amounts payable: +€37,735
- Current portion of long-term debt -€25,247
down €25,247 (-99.7%), from €25,322 to €75
- Profit (loss) carried forward +€25,193
up €25,193 (+13.6%), from €184,779 to €209,972
- Tax, wage and social debts +€15,691
new in 2025: €15,691
- Reserves -€15,165
down €15,165 (-4.2%), from €357,776 to €342,611
of which Tax-exempt reserves: -€15,165
- Gross operating margin +€12,561
up €12,561 (+20.6%), from €61,005 to €73,566
- Taxes +€3,292
up €3,292 (+61.0%), from €5,395 to €8,687
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 | €1,107,612 | €1,135,533 | +€27,921 | +2.5% |
| Fixed assets | 21/28 | €1,056,644 | €1,088,469 | +€31,824 | +3.0% |
| Tangible fixed assets | 22/27 | €1,056,644 | €1,088,469 | +€31,824 | +3.0% |
| Land and buildings | 22 | €1,056,644 | €1,017,719 | -€38,926 | -3.7% |
| Assets under construction and advance payments | 27 | - | €70,750 | +€70,750 | |
| Current assets | 29/58 | €50,968 | €47,065 | -€3,903 | -7.7% |
| Amounts receivable within one year | 40/41 | €2,600 | €4,659 | +€2,059 | +79.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,600 | €4,659 | +€2,059 | +79.2% |
| Cash at bank and in hand | 54/58 | €47,279 | €34,315 | -€12,965 | -27.4% |
| Deferred charges and accrued income | 490/1 | €1,089 | €8,091 | +€7,003 | +643% |
| Total equity and liabilities | 10/49 | €1,107,612 | €1,135,533 | +€27,921 | +2.5% |
| Equity | 10/15 | €654,156 | €664,184 | +€10,028 | +1.5% |
| Contributions | 10/11 | €111,600 | €111,600 | = | 0.0% |
| Capital | 10 | €111,600 | €111,600 | = | 0.0% |
| Issued capital | 100 | €111,600 | €111,600 | = | 0.0% |
| Reserves | 13 | €357,776 | €342,611 | -€15,165 | -4.2% |
| Non-distributable reserves | 130/1 | €11,160 | €11,160 | = | 0.0% |
| Legal reserve | 130 | €11,160 | €11,160 | = | 0.0% |
| Tax-exempt reserves | 132 | €346,616 | €331,451 | -€15,165 | -4.4% |
| Profit (loss) carried forward | 14 | €184,779 | €209,972 | +€25,193 | +13.6% |
| Provisions and deferred taxes | 16 | €115,539 | €110,484 | -€5,055 | -4.4% |
| Deferred taxes | 168 | €115,539 | €110,484 | -€5,055 | -4.4% |
| Amounts payable | 17/49 | €337,918 | €360,866 | +€22,948 | +6.8% |
| Amounts payable after more than one year | 17 | €300,446 | €338,181 | +€37,735 | +12.6% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €300,446 | €338,181 | +€37,735 | +12.6% |
| Amounts payable within one year | 42/48 | €28,670 | €20,276 | -€8,394 | -29.3% |
| Current portion of amounts payable after more than one year | 42 | €25,322 | €75 | -€25,247 | -99.7% |
| Trade debts | 44 | €3,348 | €4,510 | +€1,162 | +34.7% |
| Suppliers | 440/4 | €3,348 | €4,510 | +€1,162 | +34.7% |
| Taxes, remuneration and social security | 45 | - | €15,691 | +€15,691 | |
| Taxes | 450/3 | - | €15,691 | +€15,691 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €8,802 | €2,409 | -€6,393 | -72.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,926 | €38,926 | = | 0.0% |
| Other operating charges | 640/8 | €12,602 | €12,948 | +€346 | +2.7% |
| Gross operating margin | 9900 | €61,005 | €73,566 | +€12,561 | +20.6% |
| Operating profit (loss) | 9901 | €9,477 | €21,692 | +€12,215 | +129% |
| Financial income | 75/76B | €42 | €44 | +€2 | +3.5% |
| Recurring financial income | 75 | €42 | €44 | +€2 | +3.5% |
| Financial charges | 65/66B | €8,192 | €8,076 | -€116 | -1.4% |
| Recurring financial charges | 65 | €8,192 | €8,076 | -€116 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €1,328 | €13,660 | +€12,332 | +929% |
| Transfer from deferred taxes | 780 | €5,055 | €5,055 | = | 0.0% |
| Income taxes | 67/77 | €5,395 | €8,687 | +€3,292 | +61.0% |
| Profit (loss) for the period | 9904 | €988 | €10,028 | +€9,040 | +915% |
| Transfer from tax-exempt reserves | 789 | €15,165 | €15,165 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,153 | €25,193 | +€9,040 | +56.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.