DUVIVIER ETS: 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.
DUVIVIER ETS
Largest movements
- Cash -€40,150
down €40,150 (-30.4%), from €132,070 to €91,920
mainly Other debts (-€57,735) and Investment in fixed assets (net) (-€9,459)
- Other debts -€57,735
down €57,735 (-89.6%), from €64,455 to €6,720
- Profit (loss) carried forward +€30,323
up €30,323 (+6.9%), from €439,077 to €469,400
- Gross operating margin -€18,437
down €18,437 (-24.3%), from €75,791 to €57,353
- Purchases and services +€17,030
up €17,030 (+79.5%), from €21,433 to €38,464
- Taxes -€4,106
down €4,106 (-28.1%), from €14,590 to €10,483
- Other operating charges +€1,490
up €1,490 (+12.6%), from €11,793 to €13,283
- Depreciation +€1,411
up €1,411 (+79.8%), from €1,767 to €3,178
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.
Derived cash bridge
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 | €844,455 | €817,731 | -€26,724 | -3.2% |
| Fixed assets | 21/28 | €648,738 | €655,019 | +€6,281 | +1.0% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €648,738 | €655,019 | +€6,281 | +1.0% |
| Land and buildings | 22 | €640,389 | €639,966 | -€423 | -0.1% |
| Plant, machinery and equipment | 23 | €8,349 | €6,186 | -€2,163 | -25.9% |
| Furniture and vehicles | 24 | - | €8,868 | +€8,868 | |
| Current assets | 29/58 | €195,717 | €162,712 | -€33,005 | -16.9% |
| Amounts receivable within one year | 40/41 | €61,981 | €69,127 | +€7,146 | +11.5% |
| Trade receivables | 40 | €976 | - | -€976 | |
| Other amounts receivable | 41 | €61,005 | €69,127 | +€8,122 | +13.3% |
| Current investments | 50/53 | €1,666 | €1,665 | -€1 | 0.0% |
| Cash at bank and in hand | 54/58 | €132,070 | €91,920 | -€40,150 | -30.4% |
| Total equity and liabilities | 10/49 | €844,455 | €817,731 | -€26,724 | -3.2% |
| Equity | 10/15 | €779,409 | €809,732 | +€30,323 | +3.9% |
| Contributions | 10/11 | €263,117 | €263,117 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Contributions outside capital | 11 | €13,117 | €13,117 | = | 0.0% |
| Share premium | 1100/10 | €13,117 | €13,117 | = | 0.0% |
| Reserves | 13 | €77,215 | €77,215 | = | 0.0% |
| Non-distributable reserves | 130/1 | €57,215 | €57,215 | = | 0.0% |
| Legal reserve | 130 | €57,215 | €57,215 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €439,077 | €469,400 | +€30,323 | +6.9% |
| Amounts payable | 17/49 | €65,046 | €7,999 | -€57,047 | -87.7% |
| Amounts payable within one year | 42/48 | €65,046 | €7,999 | -€57,047 | -87.7% |
| Trade debts | 44 | €412 | €684 | +€271 | +65.8% |
| Suppliers | 440/4 | €412 | €684 | +€271 | +65.8% |
| Taxes, remuneration and social security | 45 | €179 | €596 | +€417 | +233% |
| Taxes | 450/3 | €179 | €596 | +€417 | +233% |
| Other amounts payable | 47/48 | €64,455 | €6,720 | -€57,735 | -89.6% |
| Turnover | 70 | €97,224 | €95,817 | -€1,407 | -1.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €21,433 | €38,464 | +€17,030 | +79.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,767 | €3,178 | +€1,411 | +79.8% |
| Other operating charges | 640/8 | €11,793 | €13,283 | +€1,490 | +12.6% |
| Gross operating margin | 9900 | €75,791 | €57,353 | -€18,437 | -24.3% |
| Operating profit (loss) | 9901 | €62,231 | €40,893 | -€21,338 | -34.3% |
| Financial income | 75/76B | €13 | €19 | +€6 | +44.1% |
| Recurring financial income | 75 | €13 | €19 | +€6 | +44.1% |
| Financial charges | 65/66B | €143 | €106 | -€38 | -26.4% |
| Recurring financial charges | 65 | €143 | €106 | -€38 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | €62,101 | €40,806 | -€21,295 | -34.3% |
| Income taxes | 67/77 | €14,590 | €10,483 | -€4,106 | -28.1% |
| Profit (loss) for the period | 9904 | €47,511 | €30,323 | -€17,188 | -36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €47,511 | €30,323 | -€17,188 | -36.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.