DUVAL UNION: 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.
DUVAL UNION
Largest movements
- Receivables within one year -€316,045
down €316,045 (-18.4%), from €1.7m to €1.4m
of which Other amounts receivable: -€316,045
- Current investments +€260,743
up €260,743 (+25.0%), from €1.0m to €1.3m
- Cash +€160,501
up €160,501 (+57.3%), from €279,914 to €440,416
mainly Receivables within one year (+€316,045) and Other debts (+€249,373)
- Other debts +€249,373
up €249,373 (+2234.1%), from €11,162 to €260,535
- Trade debts -€121,401
down €121,401 (-83.3%), from €145,717 to €24,315
- Financial income -€2,849
down €2,849 (-6.9%), from €41,424 to €38,575
- Gross operating margin +€2,180
up €2,180 (+21.9%), from -€9,944 to -€7,764
- Financial charges -€890
down €890 (-55.9%), from €1,593 to €703
- Other operating charges -€316
down €316 (-26.4%), from €1,196 to €881
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 | €5,641,505 | €5,746,705 | +€105,199 | +1.9% |
| Fixed assets | 21/28 | €2,596,351 | €2,596,351 | = | 0.0% |
| Financial fixed assets | 28 | €2,596,351 | €2,596,351 | = | 0.0% |
| Current assets | 29/58 | €3,045,154 | €3,150,353 | +€105,199 | +3.5% |
| Amounts receivable within one year | 40/41 | €1,717,241 | €1,401,196 | -€316,045 | -18.4% |
| Trade receivables | 40 | €486,507 | €486,507 | = | 0.0% |
| Other amounts receivable | 41 | €1,230,734 | €914,689 | -€316,045 | -25.7% |
| Current investments | 50/53 | €1,042,972 | €1,303,715 | +€260,743 | +25.0% |
| Cash at bank and in hand | 54/58 | €279,914 | €440,416 | +€160,501 | +57.3% |
| Deferred charges and accrued income | 490/1 | €5,027 | €5,027 | = | 0.0% |
| Total equity and liabilities | 10/49 | €5,641,505 | €5,746,705 | +€105,199 | +1.9% |
| Equity | 10/15 | €5,432,627 | €5,461,854 | +€29,228 | +0.5% |
| Contributions | 10/11 | €2,090,000 | €2,090,000 | = | 0.0% |
| Revaluation surpluses | 12 | €772,472 | €772,472 | = | 0.0% |
| Reserves | 13 | €12,300 | €12,300 | = | 0.0% |
| Distributable reserves | 133 | €12,300 | €12,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,557,855 | €2,587,082 | +€29,228 | +1.1% |
| Amounts payable | 17/49 | €208,879 | €284,850 | +€75,972 | +36.4% |
| Amounts payable within one year | 42/48 | €208,879 | €284,850 | +€75,972 | +36.4% |
| Trade debts | 44 | €145,717 | €24,315 | -€121,401 | -83.3% |
| Suppliers | 440/4 | €145,717 | €24,315 | -€121,401 | -83.3% |
| Advances received on contracts in progress | 46 | €52,000 | - | -€52,000 | |
| Other amounts payable | 47/48 | €11,162 | €260,535 | +€249,373 | +2234.1% |
| Other operating charges | 640/8 | €1,196 | €881 | -€316 | -26.4% |
| Gross operating margin | 9900 | -€9,944 | -€7,764 | +€2,180 | +21.9% |
| Operating profit (loss) | 9901 | -€11,140 | -€8,644 | +€2,496 | +22.4% |
| Financial income | 75/76B | €41,424 | €38,575 | -€2,849 | -6.9% |
| Recurring financial income | 75 | €41,424 | €38,575 | -€2,849 | -6.9% |
| Financial charges | 65/66B | €1,593 | €703 | -€890 | -55.9% |
| Recurring financial charges | 65 | €1,593 | €703 | -€890 | -55.9% |
| Profit (loss) for the period before taxes | 9903 | €28,690 | €29,228 | +€537 | +1.9% |
| Profit (loss) for the period | 9904 | €28,690 | €29,228 | +€537 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,690 | €29,228 | +€537 | +1.9% |
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 10 October 2026 via checked.be.