DUTRABO: 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.
DUTRABO
Largest movements
- Receivables within one year +€24,615
up €24,615 (+190.9%), from €12,892 to €37,507
of which Trade receivables: +€20,861
- Tangible fixed assets -€23,439
down €23,439 (-28.2%), from €83,016 to €59,577
of which Furniture and vehicles: -€22,291
- Cash -€4,659
down €4,659 (-23.7%), from €19,644 to €14,985
mainly Receivables within one year (-€24,615) and Debts after one year (-€14,166)
- Reserves +€25,204
up €25,204 (+33.8%), from €74,517 to €99,721
of which Distributable reserves: +€30,454
- Debts after one year -€14,166
down €14,166 (-40.3%), from €35,139 to €20,973
- Other debts -€9,858
down €9,858 (-100.0%), from €9,858 to €0
- Trade debts -€5,360
down €5,360 (-48.8%), from €10,973 to €5,613
- Tax, wage and social debts +€2,276
up €2,276 (+18.0%), from €12,653 to €14,930
- Gross operating margin +€34,006
up €34,006 (+63.6%), from €53,476 to €87,481
- Depreciation +€13,095
up €13,095 (+69.4%), from €18,856 to €31,951
- Taxes +€12,999
up €12,999 (+1588.8%), from €818 to €13,818
- Write-downs +€11,546
new in 2025: €11,546
- Other operating charges +€1,064
up €1,064 (+191.7%), from €555 to €1,620
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.
Cash bridge derived
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 | €183,814 | €179,972 | -€3,842 | -2.1% |
| Fixed assets | 21/28 | €87,458 | €63,006 | -€24,451 | -28.0% |
| Intangible fixed assets | 21 | €4,442 | €3,429 | -€1,013 | -22.8% |
| Tangible fixed assets | 22/27 | €83,016 | €59,577 | -€23,439 | -28.2% |
| Plant, machinery and equipment | 23 | €1,918 | €1,145 | -€773 | -40.3% |
| Furniture and vehicles | 24 | €80,430 | €58,139 | -€22,291 | -27.7% |
| Other tangible fixed assets | 26 | €668 | €294 | -€374 | -56.0% |
| Current assets | 29/58 | €96,356 | €116,966 | +€20,610 | +21.4% |
| Amounts receivable after more than one year | 29 | €62,000 | €62,000 | = | 0.0% |
| Other amounts receivable | 291 | €62,000 | €62,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,892 | €37,507 | +€24,615 | +190.9% |
| Trade receivables | 40 | €550 | €21,411 | +€20,861 | +3792.9% |
| Other amounts receivable | 41 | €12,342 | €16,096 | +€3,754 | +30.4% |
| Cash at bank and in hand | 54/58 | €19,644 | €14,985 | -€4,659 | -23.7% |
| Deferred charges and accrued income | 490/1 | €1,820 | €2,474 | +€654 | +35.9% |
| Total equity and liabilities | 10/49 | €183,814 | €179,972 | -€3,842 | -2.1% |
| Equity | 10/15 | €93,117 | €118,321 | +€25,204 | +27.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €74,517 | €99,721 | +€25,204 | +33.8% |
| Tax-exempt reserves | 132 | €23,158 | €17,908 | -€5,250 | -22.7% |
| Distributable reserves | 133 | €51,360 | €81,814 | +€30,454 | +59.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €7,719 | €5,969 | -€1,750 | -22.7% |
| Deferred taxes | 168 | €7,719 | €5,969 | -€1,750 | -22.7% |
| Amounts payable | 17/49 | €82,977 | €55,681 | -€27,296 | -32.9% |
| Amounts payable after more than one year | 17 | €35,139 | €20,973 | -€14,166 | -40.3% |
| Financial debts | 170/4 | €35,139 | €20,973 | -€14,166 | -40.3% |
| Amounts payable within one year | 42/48 | €47,838 | €34,709 | -€13,129 | -27.4% |
| Current portion of amounts payable after more than one year | 42 | €14,354 | €14,166 | -€187 | -1.3% |
| Trade debts | 44 | €10,973 | €5,613 | -€5,360 | -48.8% |
| Suppliers | 440/4 | €10,973 | €5,613 | -€5,360 | -48.8% |
| Taxes, remuneration and social security | 45 | €12,653 | €14,930 | +€2,276 | +18.0% |
| Taxes | 450/3 | €12,653 | €14,930 | +€2,276 | +18.0% |
| Other amounts payable | 47/48 | €9,858 | €0 | -€9,858 | -100.0% |
| Non-recurring operating income | 76A | €35,000 | €0 | -€35,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,005 | €0 | -€1,005 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,856 | €31,951 | +€13,095 | +69.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €11,546 | +€11,546 | |
| Other operating charges | 640/8 | €555 | €1,620 | +€1,064 | +191.7% |
| Gross operating margin | 9900 | €53,476 | €87,481 | +€34,006 | +63.6% |
| Operating profit (loss) | 9901 | €33,059 | €42,365 | +€9,306 | +28.2% |
| Financial income | 75/76B | €1,245 | €1,244 | -€2 | -0.1% |
| Recurring financial income | 75 | €1,245 | €1,244 | -€2 | -0.1% |
| Financial charges | 65/66B | €1,273 | €1,637 | +€364 | +28.6% |
| Recurring financial charges | 65 | €1,273 | €1,637 | +€364 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | €33,031 | €41,972 | +€8,941 | +27.1% |
| Transfer from deferred taxes | 780 | €1,031 | €1,750 | +€719 | +69.8% |
| Transfer to deferred taxes | 680 | €8,750 | €0 | -€8,750 | -100.0% |
| Income taxes | 67/77 | €818 | €13,818 | +€12,999 | +1588.8% |
| Profit (loss) for the period | 9904 | €24,494 | €29,904 | +€5,411 | +22.1% |
| Transfer from tax-exempt reserves | 789 | €3,092 | €5,250 | +€2,158 | +69.8% |
| Transfer to tax-exempt reserves | 689 | €26,250 | €0 | -€26,250 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,336 | €35,154 | +€33,818 | +2531.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.