Duthoit Motion: 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.
Duthoit Motion
Largest movements
- Cash +€90,412
up €90,412 (+75.4%), from €119,834 to €210,247
mainly Other debts (+€215,825) and Net result for the year (+€111,640)
- Receivables within one year +€17,206
up €17,206 (+1,912%), from €900 to €18,106
of which Other amounts receivable: +€13,303
- Tangible fixed assets +€3,188
up €3,188 (+5.2%), from €61,346 to €64,535
of which Other tangible fixed assets: +€14,506
- Other debts +€215,825
up €215,825 (+904%), from €23,885 to €239,710
- Reserves -€118,292
down €118,292 (-100%), from €118,292 to €0
- Accrued charges and deferred income +€21,040
up €21,040 (+1,079%), from €1,950 to €22,990
- Trade debts -€8,486
down €8,486 (-46.1%), from €18,404 to €9,918
- Tax, wage and social debts +€4,374
up €4,374 (+27.8%), from €15,725 to €20,099
- Gross operating margin +€71,019
up €71,019 (+68.1%), from €104,274 to €175,293
- Taxes +€19,172
up €19,172 (+84.7%), from €22,627 to €41,799
- Financial charges +€2,210
up €2,210 (+111%), from €1,984 to €4,194
of which Non-recurring financial charges: +€2,063
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 | €183,256 | €297,717 | +€114,461 | +62.5% |
| Fixed assets | 21/28 | €61,346 | €66,535 | +€5,188 | +8.5% |
| Tangible fixed assets | 22/27 | €61,346 | €64,535 | +€3,188 | +5.2% |
| Plant, machinery and equipment | 23 | €36,302 | €28,935 | -€7,368 | -20.3% |
| Furniture and vehicles | 24 | €10,311 | €6,361 | -€3,950 | -38.3% |
| Other tangible fixed assets | 26 | €14,733 | €29,239 | +€14,506 | +98.5% |
| Financial fixed assets | 28 | - | €2,000 | +€2,000 | |
| Current assets | 29/58 | €121,910 | €231,182 | +€109,273 | +89.6% |
| Amounts receivable within one year | 40/41 | €900 | €18,106 | +€17,206 | +1,912% |
| Trade receivables | 40 | €900 | €4,803 | +€3,903 | +434% |
| Other amounts receivable | 41 | - | €13,303 | +€13,303 | |
| Cash at bank and in hand | 54/58 | €119,834 | €210,247 | +€90,412 | +75.4% |
| Deferred charges and accrued income | 490/1 | €1,175 | €2,830 | +€1,655 | +141% |
| Total equity and liabilities | 10/49 | €183,256 | €297,717 | +€114,461 | +62.5% |
| Equity | 10/15 | €123,292 | €5,000 | -€118,292 | -95.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €118,292 | €0 | -€118,292 | -100% |
| Distributable reserves | 133 | €118,292 | €0 | -€118,292 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €59,964 | €292,717 | +€232,753 | +388% |
| Amounts payable within one year | 42/48 | €58,014 | €269,727 | +€211,713 | +365% |
| Trade debts | 44 | €18,404 | €9,918 | -€8,486 | -46.1% |
| Suppliers | 440/4 | €18,404 | €9,918 | -€8,486 | -46.1% |
| Taxes, remuneration and social security | 45 | €15,725 | €20,099 | +€4,374 | +27.8% |
| Taxes | 450/3 | €15,725 | €20,099 | +€4,374 | +27.8% |
| Other amounts payable | 47/48 | €23,885 | €239,710 | +€215,825 | +904% |
| Accrued charges and deferred income | 492/3 | €1,950 | €22,990 | +€21,040 | +1,079% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,024 | €16,562 | +€1,538 | +10.2% |
| Other operating charges | 640/8 | €934 | €1,037 | +€103 | +11.1% |
| Non-recurring operating charges | 66A | €0 | €243 | +€243 | |
| Gross operating margin | 9900 | €104,274 | €175,293 | +€71,019 | +68.1% |
| Operating profit (loss) | 9901 | €88,316 | €157,451 | +€69,135 | +78.3% |
| Financial income | 75/76B | €2 | €183 | +€180 | +8,167% |
| Recurring financial income | 75 | €2 | €183 | +€180 | +8,167% |
| Financial charges | 65/66B | €1,984 | €4,194 | +€2,210 | +111% |
| Recurring financial charges | 65 | €1,984 | €2,131 | +€147 | +7.4% |
| Non-recurring financial charges | 66B | - | €2,063 | +€2,063 | |
| Profit (loss) for the period before taxes | 9903 | €86,334 | €153,440 | +€67,106 | +77.7% |
| Income taxes | 67/77 | €22,627 | €41,799 | +€19,172 | +84.7% |
| Profit (loss) for the period | 9904 | €63,707 | €111,640 | +€47,934 | +75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €63,707 | €111,640 | +€47,934 | +75.2% |
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 13 October 2026 via checked.be.