DUVAN: 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.
DUVAN
Largest movements
- Tangible fixed assets +€95,619
up €95,619 (+539.3%), from €17,729 to €113,348
of which Furniture and vehicles: +€92,644
- Receivables within one year +€11,767
up €11,767 (+273.9%), from €4,297 to €16,064
of which Trade receivables: +€9,442
- Debts after one year +€113,695
up €113,695 (+1224.2%), from €9,287 to €122,983
- Profit (loss) carried forward -€18,231
new in 2025: -€18,231
- Trade debts +€11,846
up €11,846 (+209.2%), from €5,662 to €17,508
- Depreciation +€12,976
up €12,976 (+146.4%), from €8,862 to €21,838
- Gross operating margin +€5,693
up €5,693 (+99.5%), from €5,720 to €11,414
- Other operating charges +€3,651
up €3,651 (+371.0%), from €984 to €4,635
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 | €41,147 | €148,457 | +€107,310 | +260.8% |
| Fixed assets | 21/28 | €17,830 | €113,449 | +€95,619 | +536.3% |
| Tangible fixed assets | 22/27 | €17,729 | €113,348 | +€95,619 | +539.3% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €367 | €3,342 | +€2,975 | +809.9% |
| Furniture and vehicles | 24 | €17,362 | €110,006 | +€92,644 | +533.6% |
| Financial fixed assets | 28 | €101 | €101 | = | 0.0% |
| Current assets | 29/58 | €23,317 | €35,008 | +€11,691 | +50.1% |
| Stocks and contracts in progress | 3 | €17,500 | €17,500 | = | 0.0% |
| Stocks | 30/36 | €17,500 | €17,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,297 | €16,064 | +€11,767 | +273.9% |
| Trade receivables | 40 | €3,450 | €12,892 | +€9,442 | +273.7% |
| Other amounts receivable | 41 | €847 | €3,172 | +€2,325 | +274.6% |
| Cash at bank and in hand | 54/58 | €913 | €448 | -€466 | -51.0% |
| Deferred charges and accrued income | 490/1 | €607 | €997 | +€390 | +64.3% |
| Total equity and liabilities | 10/49 | €41,147 | €148,457 | +€107,310 | +260.8% |
| Equity | 10/15 | €26,198 | €7,967 | -€18,231 | -69.6% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €7,448 | €7,448 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €7,448 | €7,448 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€18,231 | -€18,231 | |
| Amounts payable | 17/49 | €14,949 | €140,490 | +€125,541 | +839.8% |
| Amounts payable after more than one year | 17 | €9,287 | €122,983 | +€113,695 | +1224.2% |
| Other amounts payable | 178/9 | €9,287 | €122,983 | +€113,695 | +1224.2% |
| Amounts payable within one year | 42/48 | €5,662 | €17,508 | +€11,846 | +209.2% |
| Trade debts | 44 | €5,662 | €17,508 | +€11,846 | +209.2% |
| Suppliers | 440/4 | €5,662 | €17,508 | +€11,846 | +209.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,862 | €21,838 | +€12,976 | +146.4% |
| Other operating charges | 640/8 | €984 | €4,635 | +€3,651 | +371.0% |
| Non-recurring operating charges | 66A | - | €3,058 | +€3,058 | |
| Gross operating margin | 9900 | €5,720 | €11,414 | +€5,693 | +99.5% |
| Operating profit (loss) | 9901 | -€4,125 | -€18,117 | -€13,991 | -339.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €104 | €115 | +€10 | +10.1% |
| Recurring financial charges | 65 | €104 | €115 | +€10 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,229 | -€18,231 | -€14,003 | -331.1% |
| Profit (loss) for the period | 9904 | -€4,229 | -€18,231 | -€14,003 | -331.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,229 | -€18,231 | -€14,003 | -331.1% |
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 9 October 2026 via checked.be.