Duvaco: 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.
Duvaco
Largest movements
- Tangible fixed assets -€14,560
down €14,560 (-5.3%), from €276,640 to €262,080
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€871,661
down €871,661, from €871,573 to -€88
- Taxes -€222,000
no longer reported in 2025 (was €222,000)
- Financial income -€27,056
down €27,056 (-66.7%), from €40,535 to €13,479
of which Financial income: -€14,042
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €874,099 | €871,597 | -€2,502 | -0.3% |
| Fixed assets | 21/28 | €276,640 | €262,080 | -€14,560 | -5.3% |
| Tangible fixed assets | 22/27 | €276,640 | €262,080 | -€14,560 | -5.3% |
| Land and buildings | 22 | €276,640 | €262,080 | -€14,560 | -5.3% |
| Current assets | 29/58 | €597,459 | €609,517 | +€12,058 | +2.0% |
| Amounts receivable within one year | 40/41 | €597,406 | €605,916 | +€8,510 | +1.4% |
| Trade receivables | 40 | €32,710 | - | -€32,710 | |
| Other amounts receivable | 41 | €564,696 | €605,916 | +€41,220 | +7.3% |
| Deferred charges and accrued income | 490/1 | €53 | €3,601 | +€3,548 | +6673.9% |
| Total equity and liabilities | 10/49 | €874,099 | €871,597 | -€2,502 | -0.3% |
| Equity | 10/15 | €874,099 | €871,597 | -€2,502 | -0.3% |
| Contributions | 10/11 | €182,877 | €182,877 | = | 0.0% |
| Capital | 10 | €182,877 | €182,877 | = | 0.0% |
| Issued capital | 100 | €182,877 | €182,877 | = | 0.0% |
| Reserves | 13 | €47,964 | €47,964 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,683 | €23,683 | = | 0.0% |
| Legal reserve | 130 | €23,552 | €23,552 | = | 0.0% |
| Reserves not available under the articles | 1311 | €131 | €131 | = | 0.0% |
| Tax-exempt reserves | 132 | €62 | €62 | = | 0.0% |
| Distributable reserves | 133 | €24,219 | €24,219 | = | 0.0% |
| Profit (loss) carried forward | 14 | €643,257 | €640,755 | -€2,502 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,560 | €14,560 | = | 0.0% |
| Other operating charges | 640/8 | - | €1,333 | +€1,333 | |
| Gross operating margin | 9900 | €871,573 | -€88 | -€871,661 | |
| Operating profit (loss) | 9901 | €857,013 | -€15,981 | -€872,994 | |
| Financial income | 75/76B | €40,535 | €13,479 | -€27,056 | -66.7% |
| Recurring financial income | 75 | €27,520 | €13,479 | -€14,042 | -51.0% |
| Non-recurring financial income | 76B | €13,015 | - | -€13,015 | |
| Financial charges | 65/66B | €1,339 | - | -€1,339 | |
| Recurring financial charges | 65 | €1,339 | - | -€1,339 | |
| Profit (loss) for the period before taxes | 9903 | €896,209 | -€2,502 | -€898,711 | |
| Income taxes | 67/77 | €222,000 | - | -€222,000 | |
| Profit (loss) for the period | 9904 | €674,209 | -€2,502 | -€676,711 | |
| Profit (loss) for the period to be appropriated | 9905 | €674,209 | -€2,502 | -€676,711 |
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 1 October 2026 via checked.be.