DUTRANOIT-BEATSE: 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.
DUTRANOIT-BEATSE
Largest movements
- Cash +€281,962
up €281,962 (+180.7%), from €156,060 to €438,022
mainly Current investments (+€202,897) and Depreciation (+€91,147)
- Current investments -€202,897
down €202,897 (-67.5%), from €300,500 to €97,603
- Tangible fixed assets -€64,149
down €64,149 (-13.1%), from €490,147 to €425,999
- Intangible fixed assets -€25,000
down €25,000 (-46.2%), from €54,167 to €29,167
- Debts after one year -€80,215
down €80,215 (-19.3%), from €414,929 to €334,715
- Reserves +€74,854
up €74,854 (+15.6%), from €478,323 to €553,177
- Staff costs +€47,819
up €47,819 (+43.0%), from €111,185 to €159,004
- Taxes -€26,102
down €26,102 (-43.2%), from €60,413 to €34,311
- Depreciation +€17,324
up €17,324 (+23.5%), from €73,823 to €91,147
- Financial income -€12,621
down €12,621 (-52.7%), from €23,946 to €11,325
of which Financial income: -€11,610
- Gross operating margin -€8,465
down €8,465 (-2.2%), from €376,801 to €368,335
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 | €1,061,435 | €1,058,905 | -€2,529 | -0.2% |
| Fixed assets | 21/28 | €544,499 | €455,165 | -€89,334 | -16.4% |
| Intangible fixed assets | 21 | €54,167 | €29,167 | -€25,000 | -46.2% |
| Tangible fixed assets | 22/27 | €490,147 | €425,999 | -€64,149 | -13.1% |
| Land and buildings | 22 | €304,045 | €285,769 | -€18,276 | -6.0% |
| Furniture and vehicles | 24 | €105,286 | €77,522 | -€27,764 | -26.4% |
| Other tangible fixed assets | 26 | €80,817 | €62,707 | -€18,109 | -22.4% |
| Financial fixed assets | 28 | €185 | - | -€185 | |
| Current assets | 29/58 | €516,936 | €603,740 | +€86,804 | +16.8% |
| Amounts receivable within one year | 40/41 | €54,600 | €62,526 | +€7,926 | +14.5% |
| Trade receivables | 40 | €39,007 | €43,979 | +€4,972 | +12.7% |
| Other amounts receivable | 41 | €15,593 | €18,546 | +€2,953 | +18.9% |
| Current investments | 50/53 | €300,500 | €97,603 | -€202,897 | -67.5% |
| Cash at bank and in hand | 54/58 | €156,060 | €438,022 | +€281,962 | +180.7% |
| Deferred charges and accrued income | 490/1 | €5,776 | €5,589 | -€187 | -3.2% |
| Total equity and liabilities | 10/49 | €1,061,435 | €1,058,905 | -€2,529 | -0.2% |
| Equity | 10/15 | €504,441 | €578,470 | +€74,029 | +14.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €478,323 | €553,177 | +€74,854 | +15.6% |
| Distributable reserves | 133 | €478,323 | €553,177 | +€74,854 | +15.6% |
| Investment grants | 15 | €7,518 | €6,693 | -€825 | -11.0% |
| Provisions and deferred taxes | 16 | €1,913 | €1,638 | -€275 | -14.4% |
| Deferred taxes | 168 | €1,913 | €1,638 | -€275 | -14.4% |
| Amounts payable | 17/49 | €555,081 | €478,798 | -€76,283 | -13.7% |
| Amounts payable after more than one year | 17 | €414,929 | €334,715 | -€80,215 | -19.3% |
| Financial debts | 170/4 | €414,929 | €334,715 | -€80,215 | -19.3% |
| Amounts payable within one year | 42/48 | €132,667 | €138,083 | +€5,416 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €78,559 | €80,215 | +€1,656 | +2.1% |
| Financial debts | 43 | €13,486 | €16,922 | +€3,435 | +25.5% |
| Credit institutions | 430/8 | €13,486 | €16,922 | +€3,435 | +25.5% |
| Trade debts | 44 | €10,738 | €5,535 | -€5,203 | -48.5% |
| Suppliers | 440/4 | €10,738 | €5,535 | -€5,203 | -48.5% |
| Taxes, remuneration and social security | 45 | €27,634 | €32,459 | +€4,825 | +17.5% |
| Taxes | 450/3 | €3,798 | €5,174 | +€1,376 | +36.2% |
| Remuneration and social security | 454/9 | €23,836 | €27,285 | +€3,449 | +14.5% |
| Other amounts payable | 47/48 | €2,250 | €2,953 | +€703 | +31.3% |
| Accrued charges and deferred income | 492/3 | €7,485 | €6,000 | -€1,485 | -19.8% |
| Remuneration, social security and pensions | 62 | €111,185 | €159,004 | +€47,819 | +43.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,823 | €91,147 | +€17,324 | +23.5% |
| Other operating charges | 640/8 | €4,458 | €4,982 | +€524 | +11.8% |
| Gross operating margin | 9900 | €376,801 | €368,335 | -€8,465 | -2.2% |
| Operating profit (loss) | 9901 | €187,336 | €113,203 | -€74,133 | -39.6% |
| Financial income | 75/76B | €23,946 | €11,325 | -€12,621 | -52.7% |
| Recurring financial income | 75 | €22,935 | €11,325 | -€11,610 | -50.6% |
| Non-recurring financial income | 76B | €1,011 | - | -€1,011 | |
| Financial charges | 65/66B | €10,773 | €13,972 | +€3,199 | +29.7% |
| Recurring financial charges | 65 | €10,773 | €13,787 | +€3,014 | +28.0% |
| Non-recurring financial charges | 66B | - | €185 | +€185 | |
| Profit (loss) for the period before taxes | 9903 | €200,508 | €110,556 | -€89,953 | -44.9% |
| Transfer from deferred taxes | 780 | €295 | €275 | -€20 | -6.7% |
| Income taxes | 67/77 | €60,413 | €34,311 | -€26,102 | -43.2% |
| Profit (loss) for the period | 9904 | €140,390 | €76,520 | -€63,871 | -45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €140,390 | €76,520 | -€63,871 | -45.5% |
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 5 October 2026 via checked.be.