DUVOLUTION: 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.
DUVOLUTION
Largest movements
- Receivables within one year -€3,738
down €3,738 (-92.1%), from €4,060 to €322
of which Trade receivables: -€2,095
- Cash -€497
down €497 (-33.9%), from €1,466 to €969
mainly Net result for the year (-€9,258)
- Tangible fixed assets -€228
down €228 (-43.4%), from €526 to €297
- Profit (loss) carried forward -€9,258
down €9,258 (-56.3%), from -€16,447 to -€25,705
- Trade debts +€2,849
new in 2025: €2,849
- Other debts +€1,831
up €1,831 (+258.1%), from €710 to €2,541
- Short-term financial debts +€104
new in 2025: €104
- Other operating charges +€2,404
up €2,404 (+222.7%), from €1,080 to €3,483
- Gross operating margin +€2,187
up €2,187 (+30.4%), from -€7,183 to -€4,997
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 | €6,051 | €1,589 | -€4,463 | -73.7% |
| Fixed assets | 21/28 | €526 | €297 | -€228 | -43.4% |
| Tangible fixed assets | 22/27 | €526 | €297 | -€228 | -43.4% |
| Furniture and vehicles | 24 | €526 | €297 | -€228 | -43.4% |
| Current assets | 29/58 | €5,526 | €1,291 | -€4,234 | -76.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €4,060 | €322 | -€3,738 | -92.1% |
| Trade receivables | 40 | €2,095 | €0 | -€2,095 | -100.0% |
| Other amounts receivable | 41 | €1,965 | €322 | -€1,643 | -83.6% |
| Cash at bank and in hand | 54/58 | €1,466 | €969 | -€497 | -33.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €6,051 | €1,589 | -€4,463 | -73.7% |
| Equity | 10/15 | €3,833 | -€5,425 | -€9,258 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,688 | €1,688 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,688 | €1,688 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,688 | €1,688 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,447 | -€25,705 | -€9,258 | -56.3% |
| Amounts payable | 17/49 | €2,218 | €7,014 | +€4,796 | +216.2% |
| Amounts payable within one year | 42/48 | €2,218 | €7,014 | +€4,796 | +216.2% |
| Financial debts | 43 | - | €104 | +€104 | |
| Other loans | 439 | - | €104 | +€104 | |
| Trade debts | 44 | - | €2,849 | +€2,849 | |
| Suppliers | 440/4 | - | €2,849 | +€2,849 | |
| Taxes, remuneration and social security | 45 | €1,508 | €1,520 | +€12 | +0.8% |
| Taxes | 450/3 | €1,508 | €1,520 | +€12 | +0.8% |
| Other amounts payable | 47/48 | €710 | €2,541 | +€1,831 | +258.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159 | €228 | +€69 | +43.7% |
| Other operating charges | 640/8 | €1,080 | €3,483 | +€2,404 | +222.7% |
| Non-recurring operating charges | 66A | €63 | €63 | +€0 | +0.5% |
| Gross operating margin | 9900 | -€7,183 | -€4,997 | +€2,187 | +30.4% |
| Operating profit (loss) | 9901 | -€8,485 | -€8,771 | -€287 | -3.4% |
| Financial charges | 65/66B | €279 | €329 | +€49 | +17.7% |
| Recurring financial charges | 65 | €279 | €329 | +€49 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,764 | -€9,100 | -€336 | -3.8% |
| Income taxes | 67/77 | €147 | €158 | +€11 | +7.2% |
| Profit (loss) for the period | 9904 | -€8,911 | -€9,258 | -€347 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,911 | -€9,258 | -€347 | -3.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.