DUTO: 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.
DUTO
Largest movements
- Tangible fixed assets -€15,603
down €15,603 (-33.4%), from €46,680 to €31,077
of which Plant, machinery and equipment: -€11,127
- Cash -€7,711
down €7,711 (-6.2%), from €125,214 to €117,503
mainly Contributions, distributions and other (-€40,000) and Tax, wage and social debts (-€36,143)
- Stocks and contracts -€5,868
down €5,868 (-23.0%), from €25,535 to €19,666
- Receivables within one year +€4,416
up €4,416 (+76.9%), from €5,741 to €10,156
of which Other amounts receivable: +€10,091
- Tax, wage and social debts -€36,143
down €36,143 (-52.7%), from €68,602 to €32,459
of which Taxes: -€39,670
- Reserves +€18,000
up €18,000 (+200%), from €9,000 to €27,000
of which Distributable reserves: +€18,000
- Current portion of long-term debt -€6,825
down €6,825 (-39.3%), from €17,366 to €10,541
- Other debts +€4,000
up €4,000 (+10.0%), from €40,000 to €44,000
- Trade debts -€2,813
down €2,813 (-20.4%), from €13,799 to €10,985
- Gross operating margin -€112,589
down €112,589 (-28.4%), from €395,843 to €283,254
- Staff costs -€69,149
down €69,149 (-28.4%), from €243,122 to €173,973
- Taxes -€13,210
down €13,210 (-39.1%), from €33,762 to €20,551
- Depreciation -€6,210
down €6,210 (-22.4%), from €27,770 to €21,560
- Other operating charges -€5,771
down €5,771 (-70.3%), from €8,207 to €2,436
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 | €212,048 | €187,867 | -€24,181 | -11.4% |
| Fixed assets | 21/28 | €48,580 | €32,277 | -€16,303 | -33.6% |
| Intangible fixed assets | 21 | €1,400 | €700 | -€700 | -50.0% |
| Tangible fixed assets | 22/27 | €46,680 | €31,077 | -€15,603 | -33.4% |
| Plant, machinery and equipment | 23 | €39,810 | €28,683 | -€11,127 | -28.0% |
| Furniture and vehicles | 24 | €6,869 | €2,394 | -€4,475 | -65.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €163,468 | €155,590 | -€7,878 | -4.8% |
| Stocks and contracts in progress | 3 | €25,535 | €19,666 | -€5,868 | -23.0% |
| Stocks | 30/36 | €25,535 | €19,666 | -€5,868 | -23.0% |
| Amounts receivable within one year | 40/41 | €5,741 | €10,156 | +€4,416 | +76.9% |
| Trade receivables | 40 | €5,675 | - | -€5,675 | |
| Other amounts receivable | 41 | €65 | €10,156 | +€10,091 | +15,441% |
| Cash at bank and in hand | 54/58 | €125,214 | €117,503 | -€7,711 | -6.2% |
| Deferred charges and accrued income | 490/1 | €6,979 | €8,265 | +€1,286 | +18.4% |
| Total equity and liabilities | 10/49 | €212,048 | €187,867 | -€24,181 | -11.4% |
| Equity | 10/15 | €71,412 | €89,882 | +€18,469 | +25.9% |
| Reserves | 13 | €9,000 | €27,000 | +€18,000 | +200% |
| Tax-exempt reserves | 132 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €20,500 | +€18,000 | +720% |
| Profit (loss) carried forward | 14 | €62,412 | €62,882 | +€469 | +0.8% |
| Amounts payable | 17/49 | €140,636 | €97,986 | -€42,650 | -30.3% |
| Amounts payable after more than one year | 17 | €869 | - | -€869 | |
| Financial debts | 170/4 | €869 | - | -€869 | |
| Amounts payable within one year | 42/48 | €139,767 | €97,986 | -€41,781 | -29.9% |
| Current portion of amounts payable after more than one year | 42 | €17,366 | €10,541 | -€6,825 | -39.3% |
| Trade debts | 44 | €13,799 | €10,985 | -€2,813 | -20.4% |
| Suppliers | 440/4 | €13,799 | €10,985 | -€2,813 | -20.4% |
| Taxes, remuneration and social security | 45 | €68,602 | €32,459 | -€36,143 | -52.7% |
| Taxes | 450/3 | €52,131 | €12,461 | -€39,670 | -76.1% |
| Remuneration and social security | 454/9 | €16,472 | €19,998 | +€3,526 | +21.4% |
| Other amounts payable | 47/48 | €40,000 | €44,000 | +€4,000 | +10.0% |
| Remuneration, social security and pensions | 62 | €243,122 | €173,973 | -€69,149 | -28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,770 | €21,560 | -€6,210 | -22.4% |
| Other operating charges | 640/8 | €8,207 | €2,436 | -€5,771 | -70.3% |
| Non-recurring operating charges | 66A | €10,015 | - | -€10,015 | |
| Gross operating margin | 9900 | €395,843 | €283,254 | -€112,589 | -28.4% |
| Operating profit (loss) | 9901 | €106,729 | €85,285 | -€21,444 | -20.1% |
| Financial income | 75/76B | €2,029 | €2,806 | +€777 | +38.3% |
| Recurring financial income | 75 | €2,029 | €2,806 | +€777 | +38.3% |
| Financial charges | 65/66B | €8,498 | €9,071 | +€572 | +6.7% |
| Recurring financial charges | 65 | €8,498 | €9,071 | +€572 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €100,260 | €79,021 | -€21,239 | -21.2% |
| Income taxes | 67/77 | €33,762 | €20,551 | -€13,210 | -39.1% |
| Profit (loss) for the period | 9904 | €66,498 | €58,469 | -€8,029 | -12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €66,498 | €58,469 | -€8,029 | -12.1% |
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 17 October 2026 via checked.be.